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Power Battery Trays, Global Key Players Rank and Market Share, Top 15 Companies Hold 47.3% (2022) | |
Power Battery Trays is used to carry power battery system components such as battery packs, electrical modules, and cooling modules, while protecting the battery and electrical systems from damage when the vehicle is subjected to external collisions, shocks and extrusions. According to the new market research report “Global Power Battery Trays Market Report 2023-2029”, published by QYResearch, the global Power Battery Trays market size is projected to reach USD 15.19 billion by 2029, at a CAGR of 33.0% during the forecast period. The global key manufacturers of Power Battery Trays include Ling Yun Industrial Corp Ltd, Novelis, Guangdong Hoshion Alumini, Minth Group Ltd., SGL Carbon, Nemak, Ningbo Xusheng Auto Tech, Shenzhen Everwin Precision Technology, HUAYU Automotive Systems Co Ltd, Constellium, etc. In 2022, the global top 10 players had a share approximately 43.0% in terms of revenue. Market Drivers: The increasing adoption of electric vehicles is a major driver for the market. Power Battery Trays are used in EV battery packs. As governments worldwide promote electric mobility and stricter emission regulations, the demand for EVs is expected to rise, which in turn drives the demand for battery casings. Technological advancements, such as improvements in energy density, cycle life, and safety, drive the demand for power lithium batteries. As battery manufacturers develop higher-performing cells, the market for corresponding Power Battery Trays grows to accommodate these advanced batteries.Power Battery Trays are an important part of electric vehicles, and their technical level directly affects the performance and safety of electric vehicles. Therefore, technological innovation is an important driving factor powering the Power Battery Trays market. Restraint: Safety is a critical aspect of lithium battery technology. Power Battery Trays must provide adequate protection and containment to prevent safety incidents such as thermal runaway, leakage, or explosion. Any failure in ensuring safety standards can lead to reputational damage, product recalls, or legal liabilities for manufacturers. The supply chain for Power Battery Trays involves sourcing raw materials, manufacturing processes, quality control, and logistics. Ensuring a reliable and efficient supply chain can be challenging, especially considering the global nature of the industry and the need to maintain consistent quality across different suppliers. Opportunity: Government policies, incentives, and regulations can significantly influence the market for Power Battery Trays. Supportive policies that encourage the adoption of electric vehicles and promote the use of renewable energy storage can drive the demand for Power Battery Trays. As the demand for lithium batteries increases, manufacturers strive to achieve economies of scale and cost reduction through optimized manufacturing processes. The development of efficient and cost-effective production methods for Power Battery Trays is crucial to meet the growing demand and keep the overall battery costs competitive. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.  | |
| Target Nation: All Nations Target City : All Cities Last Update : 15 April 2024 3:50 AM Number of Views: 11 | Item Owner : Joyce Contact Email: Contact Phone: 13051817187 |
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2024-04-16 (0.333 sec)