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Electric Vehicle (EV) Battery Housing Market Share

Report ID: GMI7751
Published Date: Dec 2023
Report Format: PDF

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Electric Vehicle Battery Housing Market Share

POSCO holds the largest market share, due to its advanced, high-strength, lightweight steel products. These materials are crucial for enhancing the efficiency and safety of electric vehicles. Their innovative approach, combined with a strong global supply chain and partnerships with major EV manufacturers, positions POSCO as a leader in this niche market.

Electric Vehicle Battery Housing Market Companies

The major enterprises dominating the competitive landscape of the electric vehicle (EV) battery housing industry include:

Constellium SE
Gestamp Automocion
Hitachi Metals Ltd.
Norsk Hydro ASA
POSCO
ThyssenKrupp AG
UACJ Corporation

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The market size of electric vehicle battery housing was reached USD 12.4 billion in 2023 and is expected to register over 8% CAGR from 2024 to 2032, due to the rising awareness of environmental issues and the dire need to reduce carbon emissions worldwide.

The electric vehicles segment held major share of the electric vehicle battery housing industry in 2023, owing to governments worldwide implementing incentives to encourage consumers and businesses to choose electric vehicles.

North America EV battery housing market gained traction in 2023 and is expected to register commendable CAGR from through 2032, due to increasing environmental awareness and stringent emission regulations in the region.

Constellium SE, Gestamp Automocion, Hitachi Metals Ltd., Norsk Hydro ASA, ThyssenKrupp AG, and UACJ Corporation, are some of the major electric vehicle battery housing companies worldwide.