HEV Li-ion
HEV Li-ion Battery Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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HEV Li-ion Battery Market Size and Growth
The HEV Li-ion battery market is rapidly expanding, driven by increasing demand for hybrid electric vehicles and advancements in battery technology. The market size is projected to reach approximately $30 billion by 2028, reflecting a CAGR of 15%. Key factors include OEM partnerships, government initiatives, and growing environmental concerns.
Companies Covered
(Covid 19 Impact Covered)
◍ A123 Systems
◍ Amperex
◍ Automotive Energy Supply Corporation
◍ BYD Company Limited
◍ Blue Energy
◍ Blue Solutions SA
◍ China Aviation Lithium Battery
◍ Deutsche Accumotive
◍ Electrovaya Inc
◍ EnerDel
◍ GS Yuasa International
◍ Harbin Coslight Power
◍ Hefei Guoxuan High-Tech Power Energy
◍ Hitachi Vehicle Energy
◍ Johnson Controls
◍ Johnson Matthey Battery Systems
◍ LG Chem
◍ Li-Tec Battery Gmbh
The HEV Li-ion battery market features key players like LG Chem, Panasonic, and BYD, driving innovation and capacity expansion. Companies like A123 Systems and Samsung SDI contribute with advanced technologies. Revenue figures include Panasonic at approximately $70 billion and LG Chem around $35 billion, supporting broad market growth through diverse applications and partnerships. Request Sample Report
Market Segmentation
By Application
Full Hybrid
Mild Hybrid
Plug-in Hybrid
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By Product
Lithium Manganese Oxide
Lithium Iron Phosphate
Lithium Nickel Manganese Cobalt
Oxide
Lithium Nickel Cobalt Aluminum
Oxide
Lithium Titanate Oxide
Market Growth
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$ X Billion USD
