Plug-in Hybrid Electric Vehicle Battery Market Size & Share Analysis - Growth, Trends and Forecasts (2024-2029)

The Battery of A Plug-In Hybrid Electric (PHEV) Vehicle is A Rechargeable Energy Storage System That Provides Power To Its Electric Motor. Unlike Standard Hybrid Electric Vehicles (HEVs), Phevs Can Be Plugged Into An External Electric Power Source To Charge Their Batteries, Allowing for Extended Electric-Only Driving Range. The Global Plug-In Hybrid Electric Vehicle Battery Market is Segmented by Battery Type (lithium-Ion Batteries, Lead-Acid Batteries, Sodium-Ion Batteries, and Battery Types), Vehicle Type (passenger Cars and Commercial Vehicles), and Geography (North America (United States, Canada, and Rest of North America), Europe (Germany, France, United Kingdom, Italy, Spain, Nordic, Russia, Turkey, Rest of Europe), Asia-Pacific (China, India, Australia, Japan, South Korea, Malaysia, Thailand, Indonesia, Vietnam, Rest of Asia-Pacific), The Middle East and Africa (Saudi Arabia, United Arab Emirates, Nigeria, Egypt, Qatar, South Africa, and Rest of the Middle East and Africa), and South America (Brazil, Argentina, Colombia, and Rest of South America)). The Report Also Covers the Market Size and Forecasts for the Global Plug-In Hybrid Electric Vehicle Battery Market Across Major Regions. The Report Offers the Market Size and Forecasts in Revenue (USD) for all of the Above.

Plug-in Hybrid Electric Vehicle Battery Market Size & Share Analysis - Growth, Trends and Forecasts (2024-2029)

Plug-in Hybrid Electric Vehicle Battery Industry Overview

The plug-in hybrid electric vehicle battery market is semi-fragmented. Some key players (not in particular order) are BYD Company Ltd, Duracell Inc., Exide Industries Ltd, EnerSys, and Panasonic Holdings Corporation, among others.

Plug-in Hybrid Electric Vehicle Battery Market Leaders

  1. Panasonic Holdings Corporation

  2. EnerSys

  3. Duracell Inc.

  4. Exide Industries Ltd

  5. BYD Company Ltd

  6. *Disclaimer: Major Players sorted in no particular order
Plug-in Hybrid Electric Vehicle Battery Market Concentration