The North America Electric Vehicle (EV) Battery Housing Market would witness market growth of 12.9% CAGR during the forecast period (2023-2030).
Modular and scalable designs are gaining prominence in the market. Modular architectures allow flexibility in adapting to different vehicle models, sizes, and configurations. Scalable designs enable manufacturers to use standardized components across various vehicle platforms, streamlining production and reducing costs. The integration of smart technologies into EV battery housing is a notable trend. Smart features include real-time monitoring, predictive maintenance, and over-the-air updates. These technologies enhance overall performance, safety, and longevity by providing valuable data and insights into battery health and usage patterns.
The Integration of 5G connectivity and communication capabilities Is emerging as a trend In EV battery housing. This allows for real-time data transfer, remote diagnostics, and software updates, enhancing the connectivity and functionality of electric vehicles. Innovations in safety features focus on minimizing risks associated with lithium-ion batteries. Enhanced safety measures in EV battery housing include robust designs, impact-absorbing structures, and fire-resistant materials. These innovations contribute to meeting stringent safety standards and building consumer confidence in electric vehicles.
As per the International Trade Administration (ITA), the automotive industry in the United States is one of the largest globally. In the United States, 14.5 million light vehicles were sold in 2020. The global push for electric mobility influences the decisions of both consumers and automakers in Mexico. As per the International Trade Administration, Mexico City is the world's fifth most populous city, with 21 million people and 33.4 million vehicles. In 2018, Mexico recorded a 68 percent increase in EV sales, and hybrid vehicle sales surpassed 17,800 units compared to 2017. 955,393 electric and hybrid vehicles were sold in 2019 from January through September. Therefore, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Electric Vehicle (EV) Battery Housing Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,559.8 Million by 2030. The Canada market is experiencing a CAGR of 15.5% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 14.5% during (2023 - 2030).
Free Valuable Insights: The Electric Vehicle (EV) Battery Housing Market is Predict to reach $24.3 Billion by 2030, at a CAGR of 13.2%
Based on Vehicle Type, the market is segmented into Passenger Car and Commercial Car. Based on Material, the market is segmented into Aluminium, Steel and Others (Carbon Fibre & Carbon Glass). Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Magna International, Inc.
- Proterial, Ltd.
- Saudi Basic Industries Corporation (SABIC)
- Lanxess AG
- Evonik Industries AG
- Covestro AG
- Teijin Limited
- thyssenkrupp AG
- SGL Carbon SE
- Constellium SE
North America Electric Vehicle (EV) Battery Housing Market Report Segmentation
By Vehicle Type
- Passenger Car
- Commercial Car
By Material
- Aluminium
- Steel
- Others (Carbon Fibre & Carbon Glass)
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Electric Vehicle (EV) Battery Housing Market, by Vehicle Type
1.4.2 North America Electric Vehicle (EV) Battery Housing Market, by Material
1.4.3 North America Electric Vehicle (EV) Battery Housing Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Electric Vehicle (EV) Battery Housing Market by Vehicle Type
4.1 North America Passenger Car Market by Country
4.2 North America Commercial Car Market by Country
Chapter 5. North America Electric Vehicle (EV) Battery Housing Market by Material
5.1 North America Aluminium Market by Country
5.2 North America Steel Market by Country
5.3 North America Others (Carbon Fibre & Carbon Glass) Market by Country
Chapter 6. North America Electric Vehicle (EV) Battery Housing Market by Country
6.1 US Electric Vehicle (EV) Battery Housing Market
6.1.1 US Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.1.2 US Electric Vehicle (EV) Battery Housing Market by Material
6.2 Canada Electric Vehicle (EV) Battery Housing Market
6.2.1 Canada Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.2.2 Canada Electric Vehicle (EV) Battery Housing Market by Material
6.3 Mexico Electric Vehicle (EV) Battery Housing Market
6.3.1 Mexico Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.3.2 Mexico Electric Vehicle (EV) Battery Housing Market by Material
6.4 Rest of North America Electric Vehicle (EV) Battery Housing Market
6.4.1 Rest of North America Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.4.2 Rest of North America Electric Vehicle (EV) Battery Housing Market by Material
Chapter 7. Company Profiles
7.1 Magna International, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Geographical Expansions:
7.1.6 SWOT Analysis
7.2 Proterial, Ltd.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 SABIC (Saudi Arabian Oil Company)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 SWOT Analysis
7.4 Lanxess AG
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.4.6 SWOT Analysis
7.5 Evonik Industries AG (RAG-Stiftung)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Covestro AG
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 SWOT Analysis
7.7 Teijin Limited
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.7.6 SWOT Analysis
7.8 thyssenkrupp AG
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 SGL Carbon SE
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. Constellium SE
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 SWOT Analysis
Chapter 8. Winning Imperatives of Electric Vehicle (EV) Battery Housing Market
TABLE 1 North America Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 2 North America Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 3 North America Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 4 North America Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 5 North America Passenger Car Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Passenger Car Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Commercial Car Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Commercial Car Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 10 North America Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 11 North America Aluminium Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Aluminium Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Steel Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Steel Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Others (Carbon Fibre & Carbon Glass) Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Others (Carbon Fibre & Carbon Glass) Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Electric Vehicle (EV) Battery Housing Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Electric Vehicle (EV) Battery Housing Market by Country, 2023 - 2030, USD Million
TABLE 19 US Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 20 US Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 21 US Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 22 US Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 23 US Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 24 US Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 25 Canada Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 26 Canada Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 27 Canada Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 28 Canada Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 29 Canada Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 30 Canada Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 31 Mexico Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 32 Mexico Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 33 Mexico Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 34 Mexico Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 35 Mexico Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 36 Mexico Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 37 Rest of North America Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 38 Rest of North America Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 39 Rest of North America Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 40 Rest of North America Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 41 Rest of North America Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 42 Rest of North America Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 43 Key Information – Magna International, Inc.
TABLE 44 Key Information – Proterial, Ltd.
TABLE 45 Key Information – SABIC
TABLE 46 key Information – Lanxess AG
TABLE 47 Key Information – Evonik Industries AG
TABLE 48 key information – Covestro AG
TABLE 49 Key Information – Teijin Limited
TABLE 50 Key Information – thyssenkrupp AG
TABLE 51 Key Information – SGL Carbon SE
TABLE 52 Key Information – Constellium SE
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Electric Vehicle (EV) Battery Housing Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Electric Vehicle (EV) Battery Housing Market
FIG 4 Porter’s Five Forces Analysis - Electric Vehicle (EV) Battery Housing Market
FIG 5 North America Electric Vehicle (EV) Battery Housing Market SHARE by Vehicle Type, 2022
FIG 6 North America Electric Vehicle (EV) Battery Housing Market SHARE by Vehicle Type, 2030
FIG 7 North America Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2030, USD Million
FIG 8 North America Electric Vehicle (EV) Battery Housing Market SHARE by Material, 2022
FIG 9 North America Electric Vehicle (EV) Battery Housing Market SHARE by Material, 2030
FIG 10 North America Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2030, USD Million
FIG 11 North America Electric Vehicle (EV) Battery Housing Market SHARE by Country, 2022
FIG 12 North America Electric Vehicle (EV) Battery Housing Market SHARE by Country, 2030
FIG 13 North America Electric Vehicle (EV) Battery Housing Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Magna International, Inc.
FIG 15 SWOT Analysis: Proterial, Ltd.
FIG 16 SWOT Analysis: SABIC
FIG 17 SWOT Analysis: Lanxess AG
FIG 18 SWOT Analysis: Evonik Industries AG
FIG 19 SWOT Analysis: Covestro AG
FIG 20 SWOT Analysis: Teijin Limited
FIG 21 SWOT Analysis: thyssenkrupp AG
FIG 22 SWOT Analysis: SGL Carbon SE
FIG 23 SWOT Analysis: Constellium SE