전기자동차(EV)의 수요 증가와 엄격한 환경법이 운송용 배터리 시장을 추진하고 있습니다. Verified Market Research의 애널리스트에 따르면 운송용 배터리 시장은 2023년 약 920억 5,000만 달러를 밑돌며, 예측 기간 중 1,916억 6,000만 달러의 평가액에 달할 것으로 추정됩니다.
재생에너지 인프라에 대한 투자 증가와 배터리 기술 발전으로 인해 운송용 배터리 시장이 발전하고 있습니다. 이로 인해 시장은 2024-2031년 연평균 9.6%의 성장률을 보일 것으로 예상됩니다.
운송용 배터리 시장 정의/개요
운송용 배터리는 전기자동차, 버스, 기차, 자전거, 스쿠터와 같은 차량에 전력을 공급하기 위해 특별히 제작된 충전식 에너지 저장 장비입니다. 이 배터리는 재생 에너지 시스템 및 기존 전력망과 같은 다양한 소스에서 생성된 전기 에너지를 저장하고 차량의 전기 모터에 추진력으로 공급합니다.
또한 운송용 배터리는 전기자동차(EV)의 광범위한 보급에 중요한 역할을 하고 있는데, 이는 신뢰할 수 있고 효율적인 전원 공급을 제공하기 때문입니다. 무공해 운송을 가능하게 하여 화석 연료에 대한 의존도를 줄이고 환경 오염과 온실 가스 배출을 최소화하는 데 도움이 됩니다. 또한 운송용 배터리는 하이브리드차에도 사용되어 내연기관 엔진과 함께 연비를 높이고 오염을 최소화하는 데 도움을 줍니다.
세계 각국 정부는 온실가스 배출을 줄이고 기후 변화에 대응하기 위해 전기자동차 사용을 장려하는 법과 인센티브를 마련하고 있습니다. 이러한 조치에는 세금 감면, 보조금, 전기자동차 구매 보조금, 충전 인프라 투자, 엄격한 배출가스 규제 등이 포함됩니다. 이러한 노력은 전기자동차 총소유비용을 낮춰 소비자와 기업에게 전기자동차에 대한 매력을 높여 전기자동차 배터리에 대한 수요를 증가시키고 있습니다.
배터리 기술의 대폭적인 발전은 운송용 배터리 시장의 주요 촉진요인으로 작용하고 있습니다. 에너지 밀도 향상, 충전 시간 단축, 수명 연장 등 리튬이온 배터리의 개선으로 EV의 실현 가능성이 높아져 소비자에게 매력적으로 다가갈 수 있게 되었습니다. 배터리 화학 및 관리 시스템의 혁신은 성능과 안전성을 향상시키면서 비용을 지속적으로 낮추고 있습니다. 이러한 기술 개선은 전기자동차의 매력을 높일 뿐만 아니라 전기버스, 트럭, 오토바이와 같은 새로운 교통수단에도 적용될 수 있습니다.
또한 대기오염과 기후 변화와 같은 환경 문제에 대한 전 세계인들의 인식이 높아지면서 친환경적이고 지속가능한 운송 솔루션에 대한 수요가 급증하고 있습니다. 내연기관보다 깨끗하고 에너지 효율이 높은 전기자동차가 이러한 환경 문제에 대한 해답이 될 수 있다는 인식이 확산되고 있습니다. 이러한 소비자 선호도 변화에 따라 자동차 제조업체들은 전기자동차 연구와 전기자동차의 동력원인 배터리에 대한 투자를 확대하고 있습니다.
운송용 배터리 생산은 리튬, 코발트, 니켈, 망간과 같은 중요한 원료 자원에 크게 의존하고 있으며, 전기자동차에 대한 수요가 증가함에 따라 특정 원료의 가용성 및 윤리적 조달에 대한 의문이 제기되고 있습니다. 이러한 자원은 지역적으로 집중되어 있으며, 정치적으로 불안정한 지역이나 노동 관행이 열악한 지역에 상당량이 집중되어 있으며, 시장 접근이 제한된다는 문제가 있습니다.
또한 전기자동차(EV)의 보급과 함께 사용한 배터리를 적절히 재활용하고 수명이 다한 배터리를 처리해야 할 필요성이 커지고 있습니다. 배터리 재활용은 배터리 폐기로 인한 환경 영향을 최소화하면서 귀중한 재료를 회수하는 데 필수적입니다. 그러나 재활용 인프라는 아직 초기 단계에 있으며, 기존 재활용 기술은 에너지 집약적이고 비용이 많이 들기 때문에 시장 확대에 한계가 있습니다.
Increased demand for electric vehicles (EVs) and rigorous environmental laws are propelling the transportation battery market forward. According to the analyst from Verified Market Research, the transportation battery market is estimated to reach a valuation of USD 191.66 Billion over the forecast subjugating around USD 92.05 Billion valued in 2023.
Rising investments in renewable energy infrastructure and advances in battery technology are moving the transportation battery market ahead. It enables the market to grow at a CAGR of 9.6% from 2024 to 2031.
Transportation Battery Market: Definition/ Overview
A transportation battery is a rechargeable energy storage device built specifically to power vehicles such as electric automobiles, buses, trains, bicycles, and scooters. These batteries store electrical energy generated by a variety of sources, including renewable energy systems and traditional power grids, and deliver it to the vehicle's electric motor for propulsion.
Furthermore, transportation batteries play an important part in the broad adoption of electric vehicles (EVs) since they provide a dependable and efficient power source. They enable zero-emission transportation, reduce reliance on fossil fuels, and help to minimize environmental pollution and greenhouse gas emissions. Also, transportation batteries are used in hybrid vehicles, where they work in unison with internal combustion engines to enhance fuel efficiency and minimize pollution.
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Governments throughout the world are creating laws and incentives to encourage the usage of electric vehicles to reduce greenhouse gas emissions and combat climate change. These measures include tax breaks, grants, subsidies for EV buyers, investments in charging infrastructure, and strict emissions limits. Such efforts reduce the overall cost of ownership for EVs, making them more appealing to consumers and companies alike, hence increasing demand for EV batteries.
Significant developments in battery technology have been a key driver of the transportation battery market. Improvements in lithium-ion batteries, such as higher energy density, faster charging times, and longer lifespans, have made EVs more feasible and appealing to consumers. Innovations in battery chemistry and management systems continue to lower costs while improving performance and safety. These technical improvements not only increase the appeal of electric vehicles, but also enable new transportation applications such as electric buses, lorries, and two-wheelers.
Furthermore, the need for environmentally friendly and sustainable transportation solutions has surged as a result of a growing global awareness of environmental challenges, such as air pollution and climate change. Electric vehicles, which are cleaner and more energy-efficient than internal combustion engines, are increasingly viewed as a feasible answer to these environmental challenges. This shift in consumer preferences is driving automobile manufacturers to invest in electric car research, as well as the batteries that power them.
The production of transportation batteries is strongly reliant on crucial raw resources like lithium, cobalt, nickel, and manganese. The growing demand for EVs has raised questions regarding the availability and ethical sourcing of certain materials. This geographical concentration of these resources presents issues, with considerable amounts concentrated in politically unstable regions or locations with terrible labor practices, limiting market access.
Furthermore, the necessity to properly recycle spent batteries and handle them at the end of their useful lives grows with the number of electric vehicles (EVs) on the road. Battery recycling is critical for recovering valuable materials while minimizing the environmental impact of battery disposal. However, the recycling infrastructure is still in its early stages, and existing recycling techniques are energy-intensive and expensive, limiting market expansion.
According to VMR analysis, the lithium-ion segment is estimated to hold the largest market share during the forecast period. Lithium-ion batteries offer a far better energy density than other types of batteries, such as lead-acid or nickel-metal hydride. This means they can store more energy in the same amount of area, making them perfect for use in electric vehicles (EVs) when extending range is critical. Their improved efficiency also implies that more of the stored energy may be used to power a vehicle, allowing for a longer range on a single charge.
Furthermore, lithium-ion batteries have a longer lifespan and can handle more charge/discharge cycles before their capacity degrades. This makes them better suited for use in transportation, where batteries are frequently charged and discharged. The extended duration of lithium-ion batteries results in cheaper long-term costs and less frequent replacement, making them more appealing to consumers and businesses alike.
The automotive segment is estimated to dominate the transportation battery market during the forecast period. The global effort to reduce carbon emissions and prevent climate change has resulted in major expenditures and incentives for electric vehicles. Governments all around the world are enacting legislation and policies that encourage the use of EVs, such as tax breaks, subsidies, and the creation of low-emission zones. This regulatory framework, together with rising consumer awareness and demand for environmentally friendly transportation options, has fueled the expansion of the EV sector, resulting in increased demand for car batteries.
Furthermore, many regions have prioritized the growth of electric vehicle charging infrastructure, including the installation of fast charging stations. This advancement is critical for reducing range anxiety and making electric vehicles a feasible alternative for more buyers. Governments and private organizations are investing in expanding the EV charging network, easing the uptake of electric vehicles. As charging infrastructure becomes more common and convenient, the adoption rate of EVs is likely to rise, driving up demand for automotive batteries.
According to VMR analyst, Asia Pacific is estimated to dominate the transportation battery market during the forecast period. The emerging countries, particularly China, South Korea, and Japan, in Asia Pacific is home to some of the world's major manufacturers of batteries and battery materials. These countries have created a strong supply chain that includes the mining of crucial raw materials like lithium, cobalt, and nickel, as well as the manufacturing of battery cells and packs. This well-developed supply chain and production expertise offers a substantial competitive edge in satisfying the global demand for high-quality, low-cost transportation batteries.
Furthermore, this region has experienced a rapid increase in the adoption of electric vehicles, spurred by rising environmental awareness, concerns about air pollution, and a desire to lessen reliance on imported oil. Urbanization and the rise of urban middle classes in countries such as China and India have further fueled demand for personal and commercial electric vehicles. This expanding EV market in the Asia Pacific is naturally resulting in bolstering demand for batteries, cementing the region's leadership in the transportation battery market.
In North America, particularly in the United States and Canada, the federal, state, and provincial governments have enacted a variety of policies and incentives to encourage the use of electric vehicles (EVs) and the construction of related infrastructure. These include tax breaks for EV buyers, grants and support for battery and EV manufacture, legislation mandating that a certain percentage of new vehicles sold be electric, and investments in EV charging infrastructure. Such policies aim to lower the total cost of ownership for EVs, making them more competitive with internal combustion engine vehicles and encouraging consumers and businesses to switch to electric mobility.
Furthermore, North America has made major expenditures in battery technology research, development, and manufacture. Major automakers and battery businesses are building new battery production and research facilities in the region. This domestic production capability is critical for minimizing reliance on imported batteries, mitigating supply chain risks, and promoting battery technology innovation. The goal is to increase battery performance, lower costs, and strengthen the supply chain, all of which are critical for the EV market's growth.
The transportation battery market is highly competitive, with industry competitors fighting for market share and technological domination. In addition, partnerships and cooperation among battery makers, automotive firms, and government agencies ratchet up competition as players strive to capitalize on synergies and acquire a competitive advantage in this fast-changing sector.
Some of the prominent players operating in the transportation battery market include:
Contemporary Amperex Technology Co. Limited
LG Energy Solution
Panasonic
BYD
Samsung SDI
SK Innovation
Tesla
Northvolt
Gotion High-Tech
A123 Systems
Envision AESC
Farasis Energy
Johnson Matthey
EVE Energy
Automotive Energy Supply Corporation
In February 2024, CATL announced a partnership with Ford to supply LFP (lithium iron phosphate) batteries for Mustang Mach-E models in North America and F-150 Lightnings in early 2024. This assures a big customer for CATL's LFP chemical capabilities.
In February 2024, Northvolt launched its first battery recycling facility (Revolt Ett) in Sweden. This demonstrates a commitment to the circular battery economy and sustainable manufacturing.
In January 2024, Tesla announced price reductions for its EV model selection in the United States and Europe. While this is not directly related to battery development, it does have a substantial impact on market dynamics and demand.
In January 2024, Gotion High-Tech announced its intentions to develop a vast new battery production factory in Michigan, USA. This indicates a growth in the North American market.