세계의 고전압 배터리 시장 예측(-2030년) : 배터리 유형별, 차량 유형별, 전압 범위별, 배터리용량별, 지역별 분석

According to Stratistics MRC, the Global High Voltage Battery Market is accounted for $58.5 billion in 2024 and is expected to reach $385.6 billion by 2030 growing at a CAGR of 36.9% during the forecast period. A high voltage battery is a type of rechargeable battery designed to operate at elevated voltages, typically above 60 volts. These batteries are crucial in various applications, most notably in electric vehicles (EVs) and renewable energy storage systems. They store and supply significant amounts of electrical energy, enabling vehicles to achieve longer driving ranges and efficient performance. High voltage batteries often utilize advanced chemistries such as lithium-ion, which offer high energy density, longer life cycles, and improved safety features compared to traditional lead-acid batteries.

Market Dynamics:

Driver:

Increased focus on energy storage solutions

The heightened emphasis on energy storage solutions is significantly advancing the development of High Voltage Batteries, which are crucial for various high-power applications, including electric vehicles and renewable energy systems. Recent innovations in battery technology, such as improvements in lithium-ion chemistries and the introduction of solid-state batteries, are enhancing energy density, efficiency, and safety. Additionally, these advancements enable High Voltage Batteries to store and discharge greater amounts of energy with improved reliability and longevity.

Restraint:

Battery degradation

Battery degradation in high voltage batteries, commonly used in electric vehicles and renewable energy systems, refers to the gradual decline in battery performance over time. This deterioration is primarily due to chemical and physical changes within the battery cells. As the battery undergoes charge and discharge cycles, the active materials in the electrodes degrade, leading to reduced capacity and efficiency. Factors such as temperature extremes, high charge/discharge rates, and poor maintenance practices can accelerate this process. Degradation manifests as decreased battery life, reduced range or runtime, and diminished overall power output. As the battery ages, its ability to hold and deliver energy diminishes, impacting the performance and reliability of the device it powers.

Opportunity:

Rising awareness about climate change

As the global focus intensifies on reducing carbon emissions and minimizing environmental impacts, there is a growing demand for more efficient, durable, and environmentally friendly energy storage solutions. This has spurred innovation in high voltage batteries, which are essential for electric vehicles (EVs), renewable energy storage, and grid stabilization. Researchers and manufacturers are investing in new materials and designs that enhance energy density, extend battery life, and reduce reliance on rare or harmful materials. Additionally, improved recycling methods and second-life applications for batteries are being developed to address environmental concerns.

Threat:

Regulatory and compliance issues

Regulatory and compliance issues are significant barriers to the development and deployment of high voltage batteries. These challenges stem from stringent safety, environmental, and performance standards imposed by regulatory bodies. Compliance with these standards often involves extensive testing and certification processes, which can be costly and time-consuming for manufacturers. Additionally, varying regulations across different regions can complicate global market entry, requiring tailored solutions for each jurisdiction. The complexity of integrating new technologies with existing regulatory frameworks further exacerbates these issues.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted high voltage battery systems, primarily through disruptions in the supply chain, shifts in demand, and technological delays. Supply chain issues arose from factory shutdowns and logistical challenges, causing shortages of critical raw materials like lithium and cobalt. This, in turn, slowed down battery production and increased costs. Demand fluctuations occurred as electric vehicle (EV) sales initially dropped but later surged due to increased environmental awareness and government incentives.

The Lithium Iron Phosphate segment is expected to be the largest during the forecast period

Lithium Iron Phosphate segment is expected to be the largest during the forecast period due to its superior stability and safety compared to other lithium-ion chemistries. This segment of batteries offers high thermal stability, making them less prone to overheating and thermal runaway. LiFePO4 batteries deliver excellent cycle life, providing longevity and reliability for demanding applications. The ultimate advantage of LiFePO4 is its ability to combine safety with performance, making it a compelling choice for applications requiring both high power and stability.

The Commercial Cars segment is expected to have the highest CAGR during the forecast period

Commercial Cars segment is expected to have the highest CAGR during the forecast period as it involves the development of batteries with higher energy densities, which translates to extended driving ranges and reduced charging times. The focus is also on increasing the durability and lifespan of these batteries to ensure they can withstand the rigorous demands of commercial applications, such as freight and public transport. Additionally, advancements in thermal management systems are being incorporated to maintain optimal operating temperatures and enhance safety. By integrating cutting-edge technologies and materials, such as solid-state batteries or improved lithium-ion cells, manufacturers aim to offer more efficient, reliable, and cost-effective solutions.

Region with largest share:

Asia Pacific region commanded the largest market share over the projected period. Transport system decarbonization in the Asia Pacific region is advancing the development and deployment of high voltage batteries, crucial for reducing greenhouse gas emissions and enhancing energy efficiency. As countries in this region shift towards electric vehicles (EVs) and sustainable transport solutions, there is a growing demand for high voltage batteries that can support longer ranges and faster charging times. This shift not only aligns with global climate goals but also stimulates local innovation and manufacturing in the battery sector. Investments in high voltage battery technology are accelerating advancements in battery chemistry and infrastructure, driving down costs and improving performance.

Region with highest CAGR:

North America region is estimated to witness profitable growth during the extrapolated period by creating a supportive environment for innovation and investment. Programs such as tax credits, grants, and subsidies reduce the financial burden on companies developing high voltage batteries, making it easier for them to invest in research and development. Regulatory frameworks are also being streamlined to facilitate faster approval processes and standardization, which accelerates the deployment of new technologies. Additionally, initiatives aimed at reducing carbon emissions and promoting renewable energy are driving demand for advanced battery solutions, further stimulating growth in the sector.

Key players in the market

Some of the key players in High Voltage Battery market include BYD Company Limited , Contemporary Amperex Technology Co. Limited, Exide Technologies, Ford Motor Company, LG Energy Solution, Mercedes-Benz Group, Northvolt AB, QuantumScape Corporation , Robert Bosch GmbH, Tesla, Inc and Toshiba Corporation.

Key Developments:

In July 2024, Exide Technologies to launch advanced SLI-AGM battery for automotive market. The lead-acid battery class based on AGM technology is nowadays seen as a high-performance option, designed to give reliable starting power, improved durability and potentially longer life compared to standard lead-acid batteries.

In May 2024, Exide Industries Ltd. has announced to invest around INR 1,000 crore in its lithium-ion cell manufacturing and battery pack solutions. This investment is part of the INR 5,000 crore earmarked for the first phase of its lithium-ion cell manufacturing project.

Battery Types Covered:

• Lithium Iron Phosphate
• Lithium Nickel Cobalt Aluminium Oxide
• Lithium Nickel Manganese Cobalt Oxide

Vehicle Types Covered:

• Commercial Cars
• Passenger Cars

Voltage Ranges Covered:

• 400 to 600V
• Above 600V

Battery Capacities Covered:

• 75 to 150kWh
• 151 to 300kWh
• Above 300kWh

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Emerging Markets
• 3.7 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global High Voltage Battery Market, By Battery Type

• 5.1 Introduction
• 5.2 Lithium Iron Phosphate
• 5.3 Lithium Nickel Cobalt Aluminium Oxide
• 5.4 Lithium Nickel Manganese Cobalt Oxide

6 Global High Voltage Battery Market, By Vehicle Type

• 6.1 Introduction
• 6.2 Commercial Cars
• 6.3 Passenger Cars

7 Global High Voltage Battery Market, By Voltage Range

• 7.1 Introduction
• 7.2 400 to 600V
• 7.3 Above 600V

8 Global High Voltage Battery Market, By Battery Capacity

• 8.1 Introduction
• 8.2 75 to 150kWh
• 8.3 151 to 300kWh
• 8.4 Above 300kWh

9 Global High Voltage Battery Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 BYD Company Limited
• 11.2 Contemporary Amperex Technology Co. Limited
• 11.3 Exide Technologies
• 11.4 Ford Motor Company
• 11.5 LG Energy Solution
• 11.6 Mercedes-Benz Group
• 11.7 Northvolt AB
• 11.8 QuantumScape Corporation
• 11.9 Robert Bosch GmbH
• 11.10 Tesla, Inc
• 11.11 Toshiba Corporation