Market Synopsis
Global Hybrid EV Battery Market is expected to expand at a high rate during the assessment period. The market growth is attributed to the increasing fuel costs, environmental concerns, and a rise in demand for plug-in hybrid EVs. The rising adoption of hybrid vehicles in emerging economies would present an opportunity for the global hybrid EV battery market. The increasing fuel prices in the global market leads to the increased demand for hybrid EVs and the consumption of hybrid EV batteries in the market during the projected period. Therefore, the impact of the high fuel costs and environmental concerns is expected to boost demand for hybrid EV batteries over the review period.
Additionally, the prime factors propelling the growth of the global market are the increasing fuel costs and the environmental concerns among governments and consumers, which results in strict government standards primarily in the developed countries, such as the US, Germany, Norway, the Netherlands, and Japan as well as in developing countries such as China and India. Moreover, the fastest urbanization, industrialization, and an increase in per capita household incomes, which prompt consumers to replace their fuel-driven vehicles with their electric variants, are expected to boost the demand for hybrid EV batteries the Asia Pacific during the forecast period.
Market Segmentation
The Global Hybrid EV Battery Market is divided by Type, Application, and Region. Based on type, the global market has been categorized into lead-acid, lithium-ion, nickel-based, and others. In terms of application, the global market has been bifurcated into hybrid EVs and plug-in hybrid EVs.
Regional Analysis
The region-specific analysis of the global hybrid EV battery market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Asia-Pacific is accounted for the largest market share owing to the major players in the region are investing heavily in a hybrid EV by developing advanced hybrid EV batteries to boost the adoption of such vehicles.
The regional market growth is carried out by the effective initiatives taken by the governments of countries such as China, Japan, India, and Singapore for the development of hybrid EV batteries by focusing on investing in the development of the charging duration and rechargeable battery packs. The association between the hybrid EV OEMs and battery technology providers in the market are estimated to enhance the growth of the hybrid EV battery market in Asia-Pacific during the projected timeframe. Japan contributes the largest market for the sale of a hybrid EV due to the rising attention of the transport ministry on the use of electric vehicles. Additionally, The growing number of battery manufacturers is a substantial aspect in increasing its market share in terms of value.
Major Players
The Key Players operating in the Global Hybrid EV Battery Market are Toshiba Corporation (Japan), LG Chem (South Korea), Samsung Sdi Co. Ltd (South Korea), Panasonic Corporation (Japan), Saft (France), GS Yuasa International Ltd. (Japan), BYD Co. Ltd. (China), Contemporary Amperex Technology Co., Ltd. (China), Hitachi Ltd. (Japan), Nissan Motor Corporation (Japan), Exide Industries Ltd. (India), and A123 Systems LLC (US).
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TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
- 1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.2 GLOBAL HYBRID EV BATTERY MARKET, BY TYPE
- 1.3 GLOBAL HYBRID EV BATTERY MARKET, BY APPLICATION
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 MARKET STRUCTURE
- 2.4 KEY BUYING CRITERIA
3 RESEARCH METHODOLOGY
- 3.1 RESEARCH PROCESS
- 3.2 PRIMARY RESEARCH
- 3.3 SECONDARY RESEARCH
- 3.4 MARKET SIZE ESTIMATION
- 3.5 TOP-DOWN & BOTTOM-UP APPROACH
- 3.6 FORECAST MODEL
- 3.7 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS
- 4.2.1 HIGH FUEL COSTS AND ENVIRONMENTAL CONCERNS
- 4.2.2 INCREASE IN DEMAND FOR PLUG-IN HYBRID EVS
- 4.2.3 DRIVERS IMPACT ANALYSIS
- 4.3 RESTRAINTS
- 4.3.1 VOLATILE RAW MATERIAL PRICES
- 4.3.2 RESTRAINTS IMPACT ANALYSIS
- 4.4 OPPORTUNITY
- 4.4.1 HYBRID EV BATTERY RECYCLING
5 MARKET FACTOR ANALYSIS
- 5.1 PORTER'S FIVE FORCES MODEL
- 5.1.1 THREAT OF NEW ENTRANTS
- 5.1.2 BARGAINING POWER OF SUPPLIERS
- 5.1.3 BARGAINING POWER OF BUYERS
- 5.1.4 THREAT OF SUBSTITUTES
- 5.1.5 RIVALRY
- 5.2 SUPPLY CHAIN ANALYSIS: GLOBAL HYBRID EV BATTERY MARKET
- 5.2.1 DESIGN & DEVELOPMENT
- 5.2.2 RAW MATERIAL SUPPLY
- 5.2.3 BATTERY MANUFACTURE
- 5.2.4 DISTRIBUTION
- 5.2.5 END USE
6 GLOBAL HYBRID EV BATTERY MARKET, BY TYPE
- 6.1 LEAD-ACID
- 6.2 LITHIUM-ION
- 6.3 NICKEL-BASED
- 6.4 OTHERS
7 GLOBAL HYBRID EV BATTERY MARKET, BY APPLICATION
- 7.1 HYBRID EV
- 7.2 PLUG-IN HYBRID EV
8 GLOBAL HYBRID EV BATTERY MARKET, BY REGION
- 8.1 OVERVIEW
- 8.2 NORTH AMERICA
- 8.2.1 US
- 8.2.2 CANADA
- 8.2.3 MEXICO
- 8.3 EUROPE
- 8.3.1 NORWAY
- 8.3.2 UK
- 8.3.3 GERMANY
- 8.3.4 SWEDEN
- 8.3.5 REST OF EUROPE
- 8.4 ASIA-PACIFIC
- 8.4.1 JAPAN
- 8.4.2 CHINA
- 8.4.3 INDIA
- 8.4.4 REST OF ASIA-PACIFIC
- 8.5 MIDDLE EAST & AFRICA
- 8.5.1 SAUDI ARABIA
- 8.5.2 SOUTH AFRICA
- 8.5.3 UAE
- 8.5.4 REST OF MIDDLE EAST & AFRICA
- 8.6 SOUTH AMERICA
- 8.6.2 ARGENTINA
- 8.6.3 REST OF SOUTH AMERICA
9 COMPETITIVE LANDSCAPE
- 9.1 COMPETITIVE OVERVIEW
- 9.2 GLOBAL HYBRID EV BATTERY MARKET, SHARE ANALYSIS, 2018 (%)
10 COMPANY PROFILES
- 10.1 TOSHIBA CORPORATION
- 10.1.1 COMPANY OVERVIEW
- 10.1.2 PRODUCTS OFFERED
- 10.1.3 KEY DEVELOPMENTS
- 10.1.4 SWOT ANALYSIS
- 10.1.5 KEY STRATEGIES
- 10.2 LG CHEM
- 10.2.1 COMPANY OVERVIEW
- 10.2.2 PRODUCTS OFFERED
- 10.2.3 KEY DEVELOPMENTS
- 10.2.4 SWOT ANALYSIS
- 10.2.5 KEY STRATEGIES
- 10.3 SAMSUNG SDI CO., LTD.
- 10.3.1 COMPANY OVERVIEW
- 10.3.2 PRODUCTS OFFERED
- 10.3.3 KEY DEVELOPMENTS
- 10.3.4 SWOT ANALYSIS
- 10.3.5 KEY STRATEGIES
- 10.4 PANASONIC CORPORATION
- 10.4.1 COMPANY OVERVIEW
- 10.4.2 PRODUCTS OFFERED
- 10.4.3 KEY DEVELOPMENTS
- 10.4.4 SWOT ANALYSIS
- 10.4.5 KEY STRATEGIES
- 10.5 SAFT
- 10.5.1 COMPANY OVERVIEW
- 10.5.2 PRODUCTS OFFERED
- 10.5.3 KEY DEVELOPMENTS
- 10.6 GS YUASA INTERNATIONAL LTD.
- 10.6.1 COMPANY OVERVIEW
- 10.6.2 PRODUCTS OFFERED
- 10.6.3 KEY DEVELOPMENTS
- 10.7 BYD COMPANY LTD
- 10.7.1 COMPANY OVERVIEW
- 10.7.2 PRODUCTS OFFERED
- 10.7.3 KEY DEVELOPMENTS
- 10.7.4 SWOT ANALYSIS
- 10.7.5 KEY STRATEGIES
- 10.8 CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD (CATL)
- 10.8.1 COMPANY OVERVIEW
- 10.8.2 PRODUCTS OFFERED
- 10.8.3 KEY DEVELOPMENTS
- 10.9 HITACHI, LTD.
- 10.9.1 COMPANY OVERVIEW
- 10.9.2 PRODUCTS OFFERED
- 10.9.3 KEY DEVELOPMENTS
- 10.10 NISSAN MOTOR CORPORATION
- 10.10.1 COMPANY OVERVIEW
- 10.10.2 PRODUCTS OFFERED
- 10.10.3 KEY DEVELOPMENTS
- 10.11 EXIDE INDUSTRIES LTD
- 10.11.1 COMPANY OVERVIEW
- 10.11.2 PRODUCTS OFFERED
- 10.11.3 KEY DEVELOPMENTS
- 10.12 A123 SYSTEMS LLC
- 10.12.1 COMPANY OVERVIEW
- 10.12.2 PRODUCTS OFFERED
- 10.12.3 KEY DEVELOPMENTS
11 APPENDIX
- 11.1 REFERENCES
- 11.2 RELATED REPORTS
LIST OF TABLES
- TABLE 1 LIST OF ASSUMPTIONS
- TABLE 2 GLOBAL HYBRID EV BATTERY MARKET, BY TYPE, 2019-2025 (USD MILLION)
- TABLE 3 GLOBAL HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 4 GLOBAL HYBRID EV BATTERY MARKET, BY REGION, 2016-2025 (USD MILLION)
- TABLE 5 NORTH AMERICA: HYBRID EV BATTERY MARKET, BY COUNTRY, 2016-2025 (USD MILLION)
- TABLE 6 NORTH AMERICA: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 7 NORTH AMERICA: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 8 US: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 9 US: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 10 CANADA: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 11 CANADA: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 12 MEXICO: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 13 MEXICO: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 14 EUROPE: HYBRID EV BATTERY MARKET, BY COUNTRY, 2016-2025 (USD MILLION)
- TABLE 15 EUROPE: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 16 EUROPE: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 17 NORWAY: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 18 NORWAY: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 19 UK: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 20 UK: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 21 GERMANY: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 22 GERMANY: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 23 SWEDEN: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 24 SWEDEN: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 25 THE REST OF EUROPE: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 26 REST OF EUROPE: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 27 ASIA-PACIFIC: HYBRID EV BATTERY MARKET, BY COUNTRY, 2016-2025 (USD MILLION)
- TABLE 28 ASIA-PACIFIC: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 29 ASIA-PACIFIC: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 30 JAPAN: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 31 JAPAN: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 32 CHINA: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 33 CHINA: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 34 INDIA: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 35 INDIA: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 36 REST OF ASIA-PACIFIC: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 37 REST OF ASIA-PACIFIC: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 38 MIDDLE EAST & AFRICA: HYBRID EV BATTERY MARKET, BY COUNTRY, 2016-2025 (USD MILLION)
- TABLE 39 MIDDLE EAST & AFRICA: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 40 MIDDLE EAST & AFRICA: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 41 SAUDI ARABIA: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 42 SAUDI ARABIA: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 43 SOUTH AFRICA: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 44 SOUTH AFRICA: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 45 UAE: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 46 UAE: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 47 REST OF MIDDLE EAST & AFRICA: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 48 REST OF MIDDLE EAST & AFRICA: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 49 SOUTH AMERICA: HYBRID EV BATTERY MARKET, BY COUNTRY, 2016-2025 (USD MILLION)
- TABLE 50 SOUTH AMERICA: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 51 SOUTH AMERICA: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 52 BRAZIL: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 53 BRAZIL: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 54 ARGENTINA: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 55 ARGENTINA: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 56 REST OF SOUTH AMERICA: HYBRID EV BATTERY MARKET, BY TYPE, 2016-2025 (USD MILLION)
- TABLE 57 REST OF SOUTH AMERICA: HYBRID EV BATTERY MARKET, BY APPLICATION, 2016-2025 (USD MILLION)
- TABLE 58 TOSHIBA CORPORATION: PRODUCT/SERVICES OFFERED
- TABLE 59 TOSHIBA CORPORATION: KEY DEVELOPMENTS
- TABLE 60 LG CHEM: PRODUCTS OFFERED
- TABLE 61 LG CHEM: KEY DEVELOPMENTS
- TABLE 62 SAMSUNG SDI CO. LTD: PRODUCTS OFFERED
- TABLE 63 SAMSUNG SDI CO. LTD: KEY DEVELOPMENTS
- TABLE 64 PANASONIC CORPORATION: PRODUCTS OFFERED
- TABLE 65 PANASONIC CORPORATION: KEY DEVELOPMENTS
- TABLE 66 SAFT: PRODUCTS OFFERED
- TABLE 67 GS YUASA INTERNATIONAL LTD.: PRODUCTS OFFERED
- TABLE 68 GS YUASA INTERNATIONAL LTD.: KEY DEVELOPMENTS
- TABLE 69 BYD COMPANY LTD: PRODUCTS OFFERED
- TABLE 70 CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD: PRODUCTS OFFERED
- TABLE 71 CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD: KEY DEVELOPMENTS
- TABLE 72 HITACHI LTD.: PRODUCTS OFFERED
- TABLE 73 NISSAN MOTOR CORPORATION: PRODUCTS OFFERED
- TABLE 74 EXIDE INDUSTRIES LTD: PRODUCTS OFFERED
- TABLE 75 EXIDE INDUSTRIES LTD: KEY DEVELOPMENTS
- TABLE 76 A123 SYSTEMS LLC: PRODUCTS OFFERED
LIST OF FIGURES
- FIGURE 1 MARKET SYNOPSIS
- FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL HYBRID EV BATTERY MARKET
- FIGURE 3 GLOBAL HYBRID EV BATTERY MARKET ANALYSIS BY TYPE
- FIGURE 4 GLOBAL HYBRID EV BATTERY MARKET ANALYSIS BY APPLICATION
- FIGURE 5 GLOBAL HYBRID EV BATTERY MARKET: MARKET STRUCTURE
- FIGURE 6 KEY BUYING CRITERIA OF HYBRID EV BATTERY
- FIGURE 7 RESEARCH PROCESS OF MRFR
- FIGURE 8 DRO ANALYSIS: GLOBAL HYBRID EV BATTERY MARKET
- FIGURE 9 GLOBAL FUEL PRICE CHANGES, 2010-2018 (USD/LITRE)
- FIGURE 10 PLUG-IN HYBRID ELECTRIC CAR (PHEV) SALES BY KEY COUNTRIES, 2015-18 (THOUSAND UNITS)
- FIGURE 11 DRIVERS IMPACT ANALYSIS
- FIGURE 12 PRICE OF LITHIUM, 2015-2019 (USD/TONNE)
- FIGURE 13 RESTRAINTS IMPACT ANALYSIS
- FIGURE 14 PORTER'S FIVE FORCES ANALYSIS: GLOBAL HYBRID EV BATTERY MARKET
- FIGURE 15 SUPPLY CHAIN ANALYSIS: GLOBAL HYBRID EV BATTERY MARKET
- FIGURE 16 GLOBAL HYBRID EV BATTERY MARKET, BY TYPE, 2018 (% SHARE
- FIGURE 17 GLOBAL HYBRID EV BATTERY MARKET, BY APPLICATION, 2018 (% SHARE)
- FIGURE 18 GLOBAL HYBRID EV BATTERY MARKET, BY REGION, 2018 (% SHARE)
- FIGURE 19 NORTH AMERICA: HYBRID EV BATTERY MARKET SHARE, BY COUNTRY, 2018 (% SHARE)
- FIGURE 20 EUROPE: HYBRID EV BATTERY MARKET SHARE, BY COUNTRY, 2018 (% SHARE)
- FIGURE 21 ASIA-PACIFIC: HYBRID EV BATTERY MARKET SHARE, BY COUNTRY, 2018 (% SHARE)
- FIGURE 22 MIDDLE EAST & AFRICA: HYBRID EV BATTERY MARKET SHARE, BY COUNTRY, 2018 (% SHARE)
- FIGURE 23 SOUTH AMERICA: HYBRID EV BATTERY MARKET SHARE, BY COUNTRY, 2018 (% SHARE)
- FIGURE 24 GLOBAL HYBRID EV BATTERY MARKET SHARE ANALYSIS, 2018
- FIGURE 25 BENCHMARKING OF MAJOR COMPETITORS
- FIGURE 26 TOSHIBA CORPORATION: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 27 TOSHIBA CORPORATION: SWOT ANALYSIS
- FIGURE 28 LG CHEM: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 29 LG CHEM: SWOT ANALYSIS
- FIGURE 30 SAMSUNG SDI CO. LTD: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 31 SAMSUNG SDI CO. LTD.: SWOT ANALYSIS
- FIGURE 32 PANASONIC CORPORATION: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 33 PANASONIC CORPORATION: SWOT ANALYSIS
- FIGURE 34 TOTAL S.A. (PARENT ORGANIZATION): FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 35 GS YUASA INTERNATIONAL LTD.: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 36 BYD COMPANY LTD: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 37 BYD COMPANY LTD: SWOT ANALYSIS
- FIGURE 38 CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD.: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 39 HITACHI LTD.: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 40 NISSAN MOTOR CORPORATION: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 41 EXIDE INDUSTRIES LTD: FINANCIAL OVERVIEW SNAPSHOT
