The global Heavy-Duty Electric Vehicles Batteries market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

A battery usually refers to a lead-acid battery, which is a type of secondary battery. Its working principle: When charging, external electrical energy is used to regenerate internal active substances, storing electrical energy as chemical energy, and converting chemical energy into electrical energy output again when discharge is required.

Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.

LP Information, Inc. (LPI) ' newest research report, the ?Heavy-Duty Electric Vehicles Batteries Industry Forecast? looks at past sales and reviews total world Heavy-Duty Electric Vehicles Batteries sales in 2024, providing a comprehensive analysis by region and market sector of projected Heavy-Duty Electric Vehicles Batteries sales for 2025 through 2031. With Heavy-Duty Electric Vehicles Batteries sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heavy-Duty Electric Vehicles Batteries industry.

This Insight Report provides a comprehensive analysis of the global Heavy-Duty Electric Vehicles Batteries landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heavy-Duty Electric Vehicles Batteries portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global Heavy-Duty Electric Vehicles Batteries market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heavy-Duty Electric Vehicles Batteries and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heavy-Duty Electric Vehicles Batteries.

This report presents a comprehensive overview, market shares, and growth opportunities of Heavy-Duty Electric Vehicles Batteries market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Lead Acid Batteries
    Lithium Ion Batteries

Segmentation by Application:

    Bus
    Truck
    Marine Equipment
    Building Equipment

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

    Hoppecke
    Saft
    Hitachi
    Amara Raja
    SAMSUNG
    GS Yuasa
    Exide
    EnerSys
    East Penn
    BYD
    BAK
    Proterra
    Tianjin Lishen Battery Joint-Stock
    Furukawa Battery
    AtlasBX
    C&D Technologies

Key Questions Addressed in this Report

What is the 10-year outlook for the global Heavy-Duty Electric Vehicles Batteries market?
What factors are driving Heavy-Duty Electric Vehicles Batteries market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Heavy-Duty Electric Vehicles Batteries market opportunities vary by end market size?
How does Heavy-Duty Electric Vehicles Batteries break out by Type, by Application?