Dec 12, 2018   SOURCE: BusinessWire

$89.1 Billion High Voltage Battery Market By Capacity, Type, Range, Voltage, Vehicle Type and Region - Global Forecast to 2025 - ResearchAndMarkets.com

The "High Voltage Battery Market By Capacity, Type, Range, Voltage, Vehicle Type and Region-Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The demand for longer driving range and faster charging drive the demand for high voltage batteries

The global high voltage battery market, by value, is projected to grow to USD 89.1 billion by 2025 from USD 8.9 billion in 2018, at a CAGR of 38.95% during the forecast period.

Growing demand for higher acceleration and large driving range would accelerate the growth of the high voltage battery market. The high cost of high voltage batteries, resulting is expensive cars is restraining the growth of the high voltage battery market.

151-225 kWh batteries to be the fastest growing high voltage batteries market, by capacity

Currently, 151-225 kWh is the most observed capacity range in electric buses. However, with the increasing demand for higher driving range day by day, OEMs have started focusing on increasing the size of the battery pack. For instance, Tesla is planning to introduce the new Roadster in 2020, which promises to have a 200-kWh battery pack, similarly DAF has launched a new electric truck with 175 kWh battery capacity.

Batteries with ranges of 251-400 miles to be the largest segment for high voltage batteries market, by range

According to industry experts, 251-400 miles is the most demanding range in the US for electric cars. Additionally, the distance between 2 cities in Norway is very high, which encourages people to go for higher driving range electric cars. Currently, Tesla S, Tesla X, and long-range Tesla model 3, which are driving most of the high voltage battery market for passengers, fall under the 251-400 miles category. With increasing demand for electric buses, a gradual shift toward 251-400 miles category is expected in the near future. Hence, batteries with ranges of 251-400 miles to be the largest segment for high voltage batteries market, by range.

The key players in the high voltage battery market are, Tesla (US), BYD (China), Panasonic (Japan), LG Chem (South Korea), Continental (Germany), Samsung SDI (South Korea), CATL (China), and ABB (Switzerland).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 High Voltage Battery Market, By Voltage

7 High Voltage Battery Market, By Battery Type

8 High Voltage Battery Market, By Battery Capacity

9 High Voltage Battery Market, By Driving Range

10 High Voltage Battery Market, By Vehicle Type

11 High Voltage Battery Market, By Region

12 Competitive Landscape

13 Company Profiles

  • ABB
  • Bosch
  • BYD
  • CATL
  • Chargepoint
  • Continental
  • Delphi
  • EDP Brasil
  • Johnson Controls
  • LG Chem
  • Magna
  • Mitsubishi Electric
  • Nissan
  • Panasonic
  • Proterra
  • Samsung SDI
  • Siemens
  • Tesla
  • XALT Energy

For more information about this report visit https://www.researchandmarkets.com/research/jnjjh5/89_1_billion?w=4