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Sector Analysis
Sector Innovation Report: xEV Traction Batteries Q3 2026
The global xEV vehicle production market is estimated at 42.1 million units in 2026, marking a significant annual growth rate of 0.3%. The sector has experienced a robust CAGR of 24.7% during 2021–26. Looking ahead, the sector is projected to maintain a CAGR of 6.1%, reaching 63.9 million units by the year 2033.
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Sector Analysis
Sector Innovation Report: Auxiliary Battery Q3 2026
The global low-voltage automotive battery market rises from 117.0 million units in 2026 to 127.2 million units in 2033, growing at a 1.2% CAGR, with growth tapering slightly at the end of the period.
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Sector Analysis
Performance Meets Sustainability - Can Advanced Batteries Facilitate Energy Transition? (Vol. 2)
Performance Meets Sustainability Report Overview The global shift toward clean energy and electric mobility has ignited a race for advanced battery technologies. Emerging innovations focus on sustainability, higher energy density, improved safety, and affordability. While advanced batteries have expanded the scope of performance and sustainability, they unlock industrial opportunities with an increasing number of use cases such as displays in electronics, photovoltaics in energy and utilities, and autonomous vehicles in transportation. Enterprises are capitalizing on advanced batteries to revolutionize transportation,...
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Sector Analysis
Automotive Advanced xEV Batteries Market Trends, Sector Overview and Forecast to 2028
Automotive Advanced xEV Batteries Market Report Overview The advanced xEV batteries market size was 26.8 million units in 2023. The market will grow at a CAGR of more than 14% during 2023-2028. Cheaper batteries could make EVs as affordable as traditional vehicles by 2025-2026. In 2023, Asia-Pacific accounted for the highest automotive advanced xEV batteries market share among all the regions. Automotive Advanced xEV Batteries Market Outlook, 2023-2028 (Million Units) Buy the Full Report for More Insights on the Automotive...