Press release
India Electric Vehicle (EV) Battery Market Report 2021-2026, Share, Size, Demand and Future Scope
According to the latest report by IMARC Group, titled "India Electric Vehicle Battery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the india electric vehicle battery market expected to grow at a CAGR of around 30% during (2021-2026).
An electric vehicle (EV) battery represents an energy storage device that is generally installed in plug-in hybrid electric vehicles, battery electric vehicles (BEV), and hybrid electric vehicles (HEV). Some of the common product variants include lithium-ion batteries, nickel-metal hydride batteries, lead-acid batteries, etc. EV batteries offer various benefits, such as a high power-to-weight ratio, noise-free travel experience, zero carbon emissions, low maintenance expenses, cost-effectiveness, etc. In line with this, they also assist in producing high energy per unit mass and mitigating fuel dependency. Consequently, electric vehicles are gaining traction over conventional gasoline-powered automobiles across India.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The increasing consumer concerns towards the harmful impact of fuel-based vehicles on the environment are primarily driving the India electric vehicle battery market. Additionally, the development of numerous customizable options for EV batteries that are used in trucks, busses, loaders, excavators, vans, etc., is propelling the product demand across several sectors, such as logistics, construction, transportation, mining, etc. Besides this, the launch of various favorable policies by government bodies for encouraging the adoption of electric vehicles to reduce carbon emissions is further augmenting the market growth. Moreover, the inflating need for electrification of public transport fleets in this country is acting as another significant growth-inducing factor. Apart from this, the rising number of car rental services, such as Ola, Uber, Meru, etc., is anticipated to fuel the India electric vehicle battery market over the forecasted period.
Request Free Sample Report: https://www.imarcgroup.com/india-electric-vehicle-battery-market/requestsample
India Electric Vehicle Battery Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Amar Raja Batteries Limited, Exicom Tele-Systems Limited, Exide Industries Ltd, Hero Electric Vehicles Pvt. Ltd., Okaya Power Pvt. Ltd., Panasonic India Private Limited (Panasonic Corporation), Samsung SDI Company Limited (Samsung SDI Co., Ltd.), Tata AutoComp GY Batteries Private Limited, Tata Motors Limited and Toshiba India Pvt. Ltd.
The report has segmented the market on the basis on region, battery type, propulsion type, vehicle type.
Breakup by Battery Type:
Lithium-Ion Battery
Nickel-Metal Hydride Battery
Lead-Acid Battery
Others
Breakup by Propulsion Type:
Battery Electric Vehicles
Plug-in Hybrid Electric Vehicles
Hybrid Electric Vehicles
Breakup by Vehicle Type:
Passenger Car
Commercial Vehicle
Two-Wheeler
Breakup by Region:
North India
West and Central India
South India
East India
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-electric-vehicle-battery-market
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Other Reports
Asia Pacific Aircraft Health Monitoring System Market Report: https://www.imarcgroup.com/asia-pacific-aircraft-health-monitoring-system-market
Scandinavia Organic Packaged Food and Beverages Market Report: https://www.imarcgroup.com/scandinavia-organic-packaged-food-beverages-market
Figure Skating Equipment Market Report: https://www.imarcgroup.com/figure-skating-equipment-market
Pool Tables Market Report: https://www.imarcgroup.com/pool-tables-market
Wireless Broadband in Public Safety Market Report: https://www.imarcgroup.com/wireless-broadband-in-public-safety-market
Optical Wavelength Services Market Report: https://www.imarcgroup.com/optical-wavelength-services-market
Quadricycle and Tricycle Market Report: https://www.imarcgroup.com/quadricycle-tricycle-market
Drug Device Combination Products Market Report: https://www.imarcgroup.com/drug-device-combination-products-market
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
An electric vehicle (EV) battery represents an energy storage device that is generally installed in plug-in hybrid electric vehicles, battery electric vehicles (BEV), and hybrid electric vehicles (HEV). Some of the common product variants include lithium-ion batteries, nickel-metal hydride batteries, lead-acid batteries, etc. EV batteries offer various benefits, such as a high power-to-weight ratio, noise-free travel experience, zero carbon emissions, low maintenance expenses, cost-effectiveness, etc. In line with this, they also assist in producing high energy per unit mass and mitigating fuel dependency. Consequently, electric vehicles are gaining traction over conventional gasoline-powered automobiles across India.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The increasing consumer concerns towards the harmful impact of fuel-based vehicles on the environment are primarily driving the India electric vehicle battery market. Additionally, the development of numerous customizable options for EV batteries that are used in trucks, busses, loaders, excavators, vans, etc., is propelling the product demand across several sectors, such as logistics, construction, transportation, mining, etc. Besides this, the launch of various favorable policies by government bodies for encouraging the adoption of electric vehicles to reduce carbon emissions is further augmenting the market growth. Moreover, the inflating need for electrification of public transport fleets in this country is acting as another significant growth-inducing factor. Apart from this, the rising number of car rental services, such as Ola, Uber, Meru, etc., is anticipated to fuel the India electric vehicle battery market over the forecasted period.
Request Free Sample Report: https://www.imarcgroup.com/india-electric-vehicle-battery-market/requestsample
India Electric Vehicle Battery Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Amar Raja Batteries Limited, Exicom Tele-Systems Limited, Exide Industries Ltd, Hero Electric Vehicles Pvt. Ltd., Okaya Power Pvt. Ltd., Panasonic India Private Limited (Panasonic Corporation), Samsung SDI Company Limited (Samsung SDI Co., Ltd.), Tata AutoComp GY Batteries Private Limited, Tata Motors Limited and Toshiba India Pvt. Ltd.
The report has segmented the market on the basis on region, battery type, propulsion type, vehicle type.
Breakup by Battery Type:
Lithium-Ion Battery
Nickel-Metal Hydride Battery
Lead-Acid Battery
Others
Breakup by Propulsion Type:
Battery Electric Vehicles
Plug-in Hybrid Electric Vehicles
Hybrid Electric Vehicles
Breakup by Vehicle Type:
Passenger Car
Commercial Vehicle
Two-Wheeler
Breakup by Region:
North India
West and Central India
South India
East India
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-electric-vehicle-battery-market
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Other Reports
Asia Pacific Aircraft Health Monitoring System Market Report: https://www.imarcgroup.com/asia-pacific-aircraft-health-monitoring-system-market
Scandinavia Organic Packaged Food and Beverages Market Report: https://www.imarcgroup.com/scandinavia-organic-packaged-food-beverages-market
Figure Skating Equipment Market Report: https://www.imarcgroup.com/figure-skating-equipment-market
Pool Tables Market Report: https://www.imarcgroup.com/pool-tables-market
Wireless Broadband in Public Safety Market Report: https://www.imarcgroup.com/wireless-broadband-in-public-safety-market
Optical Wavelength Services Market Report: https://www.imarcgroup.com/optical-wavelength-services-market
Quadricycle and Tricycle Market Report: https://www.imarcgroup.com/quadricycle-tricycle-market
Drug Device Combination Products Market Report: https://www.imarcgroup.com/drug-device-combination-products-market
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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