EV Battery Market Share: Global Growth & 2035 Outlook
The global EV battery market is undergoing rapid transformation, with market share increasingly concentrated among top manufacturers and regions. Major players like CATL, BYD, and LG Energy Solution dominate the competitive landscape: as of mid-2024, CATL leads with a commanding 37.8% global market share, followed by BYD at 15.8% and LG Energy Solution holding a smaller, but substantial, portion.
The...
Cell to Pack Battery Market Size, Share, Industry Analysis by 2033
The global cell to pack battery market size was valued at USD 18.7 billion in 2023 and is expected to reach USD 79.0 billion by 2033, at a CAGR of 15.5%, during the forecast period 2023-2033. The rise in demand for low-cost, lightweight, and high-energy-density batteries in electric vehicles has positively influenced the development of the cell to pack battery market. Also, the government initiatives...