logo
Transportation Battery Market Forecast Report and Company Analysis 2025-2033 Featuring Panasonic, Exide Industries, VARTA, Hitachi, Robert Bosch, SAMSUNG, and LG Chem

Transportation Battery Market Forecast Report and Company Analysis 2025-2033 Featuring Panasonic, Exide Industries, VARTA, Hitachi, Robert Bosch, SAMSUNG, and LG Chem

Yahoo2 days ago

The global transportation battery market is projected to surge from USD 97.07 billion in 2024 to USD 300.08 billion by 2033, driven by electric vehicle adoption, advancements in battery technology, and supportive government policies. Key players include Panasonic, Exide, VARTA, Hitachi, Bosch, SAMSUNG SDI, and LG Chem.
Transportation Battery Market
Dublin, June 09, 2025 (GLOBE NEWSWIRE) -- The "Transportation Battery Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" report has been added to ResearchAndMarkets.com's offering.The Transportation Battery Market is expected to reach US$ 300.08 billion by 2033 from US$ 97.07 billion in 2024, with a CAGR of 13.36% from 2025 to 2033. Growing Electrification, Development of Charging Infrastructure, Growing Adoption of Electric Vehicles, Grid Integration, and Energy Storage are the Main Drivers of Market Growth.
The growing demand for electric vehicles (EVs) and environmentally friendly transportation options is propelling the worldwide transportation battery market's explosive expansion. Batteries are now the mainstay of the electric transportation revolution as governments and corporations throughout the world strive for more environmentally friendly substitutes for conventional gasoline and diesel-powered automobiles. These batteries provide a cleaner, more energy-efficient way to lessen carbon emissions and dependency on fossil fuels by powering electric cars, buses, trucks, and other modes of transportation. Electric vehicles are becoming more affordable and effective thanks to major improvements in energy density, charging speed, and longevity brought about by advancements in battery technology, especially lithium-ion batteries.The global transition to renewable energy sources and the increased focus on minimizing environmental effect across businesses provide additional support for the sector. In order to address the growing demand for electric automobiles and other electric transportation modes, investments in battery production, innovation, and recycling technologies are essential. Energy suppliers, electric vehicle manufacturers, and battery makers are major participants in the industry; they collaborate to cut costs, improve infrastructure, and increase battery performance. But there are still issues including a lack of raw materials, high production costs, and the requirement for a strong charging infrastructure. Despite these hurdles, the worldwide transportation battery market is likely to continue its rise, driven by advancements in technology and environmental policies.To cut greenhouse gas emissions and fight climate change, governments everywhere are enacting legislation and offering incentives to promote the use of electric vehicles. These policies include stringent emissions limitations, tax rebates, grants, and subsidies for EV purchasers. They also involve investments in charging infrastructure. The demand for EV batteries rises as a result of these initiatives, which lower the total cost of ownership for EVs and increase their appeal to both businesses and consumers.Furthermore, as environmental issues like air pollution and climate change become more widely recognized, there is an increasing demand for sustainable and eco-friendly transportation options. An increasingly viable solution to these environmental issues is the use of electric vehicles, which are cleaner and more energy-efficient than internal combustion engines. Automobile manufacturers are investing in research into electric cars and the batteries that power them as a result of this change in consumer preferences.Growth Drivers for the Transportation Battery Market
Increasing Adoption of Electric Vehicles (EVs)The primary factor propelling the expansion of the transportation battery market is the growing use of electric cars (EVs). Electric-powered transportation is becoming more and more popular among consumers and businesses as governments around the world impose more stringent emissions rules and set ambitious carbon reduction targets.
The purchase of EVs is also being encouraged by a number of incentives, including grants, tax reductions, and subsidies. Since they provide a cleaner and more environmentally friendly option to conventional internal combustion engine vehicles, the demand for electric vehicles - including passenger cars, buses, and commercial trucks - is growing quickly. The market for transportation batteries is expanding as a result of the direct need for more effective, larger-capacity batteries brought on by the rise in EV adoption.Government Regulations and IncentivesThe market for transportation batteries is expanding due in large part to government policies and incentives. Electric vehicles (EVs) are becoming more and more popular among manufacturers and consumers due to strict environmental regulations, such as fuel economy requirements, carbon reduction targets, and emissions limits.
To increase the accessibility of EVs, governments are increasingly enforcing laws requiring reduced car emissions and providing a range of incentives. These lower the total cost of electric vehicles by providing grants, tax incentives, and subsidies to EV producers and consumers. These policies promote investment in EV infrastructure, including charging stations, in addition to encouraging the use of EVs. Accelerating the shift to electric vehicles and growing the market for transportation batteries require the backing of governments everywhere.Technological Advancements in Battery TechnologyThe market for transportation batteries is expanding at a rapid pace due to developments in battery technology. Energy density, charging rates, and overall efficiency have all increased as a result of innovations, especially in solid-state and lithium-ion batteries. Electric vehicles (EVs) are becoming increasingly feasible for everyday usage as lithium-ion batteries get lighter, stronger, and last longer.
Even greater energy densities, quicker charging periods, and increased safety are promised by solid-state batteries, which are now under development. These developments solve major issues like range anxiety and lengthy charging times, making electric vehicles not only more practical but also more appealing to businesses and customers. The market for transportation batteries is anticipated to grow as EV adoption picks up speed as battery technology advances.Challenges in the Transportation Battery Market
Battery Recycling and DisposalEffective battery recycling and disposal solutions are becoming increasingly important as the number of electric vehicles (EVs) rises. Batteries for electric vehicles, especially lithium-ion batteries, contain elements like nickel, cobalt, and lithium that, if improperly recycled, can be hazardous to the environment.
If these batteries are disposed of improperly, there may be hazardous leaks, contaminated water and soil, and substantial resource waste. In order to recover valuable materials and lessen the environmental impact of spent batteries, efficient recycling procedures are required. But the infrastructure to manage the increasing amount of wasted batteries is still in its infancy, and the recycling solutions available today aren't always optimum. Reducing environmental damage and guaranteeing sustainable growth in the transportation battery business depend on resolving this issue.Battery Performance and LongevityIn the market for electric vehicles (EVs), battery longevity and performance continue to be major obstacles. Even though battery technology has improved, consumers are still concerned about problems like gradual battery depletion and short driving range. Battery capacity might degrade with time, resulting in a shorter range and a need for more frequent charging, which impacts the user experience as a whole. This deterioration, together with worries about replacement prices, may put off prospective EV purchasers.
Manufacturers are working to improve battery life, maximize energy efficiency, and create more durable solutions in order to address these problems. In the transportation battery market, resolving these performance issues is essential to promoting wider EV adoption and guaranteeing sustained customer happiness.
Key Players Analysis: Overview, Key Persons, Recent Development & Strategies, Product Portfolio, Financial Insights
Panasonic Corporation
Exide Industries
VARTA
Hitachi Group Ltd
Robert Bosch GmbH
SAMSUNG SDI Co. Ltd
LG Chem Ltd
Key Attributes:
Report Attribute
Details
No. of Pages
200
Forecast Period
2024 - 2033
Estimated Market Value (USD) in 2024
$97.07 Billion
Forecasted Market Value (USD) by 2033
$300.08 Billion
Compound Annual Growth Rate
13.3%
Regions Covered
Global
Key Topics Covered: 1. Introduction2. Research Methodology3. Executive Summary4. Market Dynamics4.1 Growth Drivers4.2 Challenges5. Global Transportation Battery Market6. Market Share6.1 Battery Type6.2 Types6.3 Drive Type6.4 Country7. Battery Type7.1 Lead-Acid7.2 Lithium-Ion7.3 Other Battery8. Types8.1 Vehicle Type8.2 Passenger Cars8.3 Commercial Vehicles9. Drive Type9.1 Internal Combustion Engine9.2 Electric Vehicles10. Country10.1 North America10.1.1 United States10.1.2 Canada10.2 Europe10.2.1 France10.2.2 Germany10.2.3 Italy10.2.4 Spain10.2.5 United Kingdom10.2.6 Belgium10.2.7 Netherlands10.2.8 Turkey10.3 Asia-Pacific10.3.1 China10.3.2 Japan10.3.3 India10.3.4 Australia10.3.5 South Korea10.3.6 Thailand10.3.7 Malaysia10.3.8 Indonesia10.3.9 New Zealand10.4 Latin America10.4.1 Brazil10.4.2 Mexico10.4.3 Argentina10.5 Middle East & Africa10.5.1 South Africa10.5.2 Saudi Arabia10.5.3 UAE11. Porter's Five Analysis11.1 Bargaining Power of Buyers11.2 Bargaining Power of Suppliers11.3 Degree of Rivalry11.4 Threat of New Entrants11.5 Threat of Substitutes12. SWOT Analysis12.1 Strength12.2 Weakness12.3 Opportunity12.4 Threat13. Key Players Analysis
For more information about this report visit https://www.researchandmarkets.com/r/mqdvxo
About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
Transportation Battery Market
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Thunderbird Entertainment Retains Three Part Advisors for Its Investor Relations Program
Thunderbird Entertainment Retains Three Part Advisors for Its Investor Relations Program

Yahoo

time23 minutes ago

  • Yahoo

Thunderbird Entertainment Retains Three Part Advisors for Its Investor Relations Program

VANCOUVER, British Columbia, June 11, 2025--(BUSINESS WIRE)--Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) ("Thunderbird" or the "Company") is pleased to announce that it has retained Three Part Advisors, LLC ("Three Part Advisors"), a leading full-service, strategic investor relations advisory firm headquartered near Dallas, Texas, for its ongoing investor relationship program, effective July 1, 2025. Three Part Advisors will work closely with management on the Company's strategic investor relations program, with a focus on enhancing Thunderbird's visibility within the investment community. This includes, but is not limited to, identifying and engaging with potential investors, organizing investor presentations and meetings with interested parties, responding to incoming calls from shareholders and potential investors, and providing general capital markets advisory services. Jennifer Twiner McCarron, CEO and Chair of Thunderbird, commented, "We're pleased to welcome Three Part Advisors as our new strategic investor relations advisory firm. Given our significant growth plans and the health of our business, we believe this is an opportune time to share the Thunderbird story with a broader investor audience." Steven Hooser, Partner of Three Part Advisors, said, "We are thrilled to welcome Thunderbird Entertainment to our growing base of diverse clients. We know that introducing the Company to the right investors looking for growth and a strong management team is vital, and Thunderbird has built a global content creation studio of premium, award-winning content and distribution that will generate excitement from fundamental investors across our network." Three Part Advisors has been retained for an initial period of one year, commencing July 1, 2025, at a rate of $12,500 USD per month. Three Part Advisors has no interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest, other than as described herein. Market Making Services Correction Thunderbird is correcting language from an announcement made on October 23, 2024. The agreement with the Independent Trading Group to provide market making services in accordance with TSX Venture Exchange policies was for an initial term of one month and renewable thereafter. About Three Part Advisors, LLC Three Part Advisors, LLC is a leading full-service, strategic investor relations advisory firm. Through measurable and proactive investor relations programs, the firm helps clients develop their investment thesis, effectively communicate the strategy to Wall Street, meet new investors and ultimately, lower the cost of capital. Three Part Advisors also provides corporate design services and annually holds three independent IDEAS investor conferences ( Unbiased by investment banking fees and trading commissions, Three Part Advisors has a proven reputation for engaging with companies that are supported by strong investment merits and proven fundamentals, and proactively communicating their stories to Wall Street in the most effective manner. More information is available at About Thunderbird Entertainment Thunderbird Entertainment (TSXV: TBRD, OTCQX: THBRF) is a global award-winning, full-service multiplatform production, distribution and rights management company, headquartered in Vancouver, with teams in Los Angeles and Ottawa. Thunderbird creates award-winning scripted, unscripted, and animated programming for the world's leading digital platforms, as well as Canadian and international broadcasters. The Company develops, produces, and distributes animated, factual, and scripted content through its various content arms, including Thunderbird Kids and Family (Atomic Cartoons), Thunderbird Unscripted (Great Pacific Media) and Thunderbird Scripted. Productions under the Thunderbird umbrella include Mermicorno: Starfall, Super Team Canada, Molly of Denali, Highway Thru Hell, Kim's Convenience, Boot Camp and Sidelined: The QB and Me. Thunderbird Distribution and Thunderbird Brands manage global media and consumer products rights, respectively, for the Company and select third parties. Thunderbird is on Facebook, X, and Instagram at @tbirdent. For more information, visit: Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release, which has been prepared by management. Cautionary Statement Regarding Forward-Looking Information Certain statements contained in this news release may contain forward-looking information or may be forward-looking statements (collectively, "forward-looking statements") within the meaning of applicable securities laws. Forward-looking statements may be identified by words such as "anticipate", "continue", "estimate", "expect", "forecast", "may", "will", "plan", "project", "should", "believe", "intend", or similar expressions concerning matters that are not historical facts. Forward-looking statements in this press release include, but are not limited to, statements regarding Thunderbird's retention of Three Part Advisors, LLC as its new investor relations advisory firm, the anticipated benefits of this engagement, including enhancing Thunderbird's visibility within the investment community, increasing investor awareness and engagement, supporting the Company's growth and shareholder value, and the implementation of a proactive investor awareness program aimed at increasing shareholder engagement, trading volume, and attracting long-term investors. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic and social uncertainties; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; product capability and acceptance; international risk and currency exchange rates; and technology changes. The forward-looking statements or information contained in this document represent our views as of the date hereof and as such information should not be relied upon as representing our views as of any date subsequent to the date of this document. The Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Accordingly, readers are cautioned not to place undue reliance on forward-looking statements or information. View source version on Contacts Media Relations & Corporate Communications: Julia Smith, Finch MediaEmail: Julia@ Error in retrieving data Sign in to access your portfolio Error in retrieving data

New Nuclear Plant to Power Six Million British Homes
New Nuclear Plant to Power Six Million British Homes

Yahoo

time28 minutes ago

  • Yahoo

New Nuclear Plant to Power Six Million British Homes

Weeks after Germany decided to reverse course and 're-embrace' nuclear power following their supreme idiocy on the matter, the UK government announced on Tuesday that it would invest 14.2 billion pounds (US$19.3 billion) to build a new nuclear plant in the southeast of England. The move was revealed by the Department for Energy Security and Net Zero as part of its broader spending review, which will lay out priorities for the next four years. The new plant, named Sizewell C, will be located in Suffolk county, and is predicted to create around 10,000 jobs during construction, according to a government statement. Once operational, it will create enough electricity power roughly 6 million homes. "We need new nuclear to deliver a golden age of clean energy abundance, because that is the only way to protect family finances, take back control of our energy, and tackle the climate crisis," said Energy Minister Ed Miliband. "This is the government's clean energy mission in action, investing in lower bills and good jobs for energy security." As the Epoch Times notes further, the UK has also been tapping up new investors to fund the construction of Sizewell C, but no new partners were mentioned in the announcement. Neither the total cost of construction nor a date for expected completion has been announced. Sizewell C was originally an EDF Energy project but is now majority-owned by the British government, with EDF Energy a minority shareholder. EDF Energy is the British arm of Électricité de France (EDF), which is wholly owned by the French state. The UK government's stake was 83.8 percent and EDF's stake was 16.2 percent at the end of December, EDF's financial results showed in February. Sizewell C would be just the second new nuclear plant built in Britain in more than 20 years, after another EDF project, Hinkley Point C, which was first announced in 2010. Hinkley Point C, based in Somerset, southwest England, has been beleaguered by delays and budget overruns and is currently expected to come online in 2029. Sizewell C would be the third power station built on the site after Sizewell A and Sizewell B, both of which are currently in the process of being decommissioned. The Department for Energy Security and Net Zero also announced that it had picked Rolls-Royce SMR to build Britain's first small modular reactors (SMRs). About 2.5 billion pounds ($3.4 billion) of government funds will be dedicated to the SMR program over the next four years, in a bid to get one of Europe's first small-scale nuclear industries going. SMRs are usually around the size of two football fields and composed of parts that can be assembled in a factory, making them quicker and cheaper to build than conventional plants. The moves by Britain come amid a renewed interest in nuclear power across Europe, sparked by spiraling energy costs due to the ongoing war between Russia and Ukraine, which is hampering the continent's supply of natural gas. European Commission President Ursula von der Leyen said in a keynote speech in August 2024 that the European Union needed more nuclear power. By More Top Reads From this article on

Cyclic Materials Announces USD $25M Investment to Establish Centre of Excellence for Rare Earth Recycling in Kingston, Ontario
Cyclic Materials Announces USD $25M Investment to Establish Centre of Excellence for Rare Earth Recycling in Kingston, Ontario

Business Wire

time34 minutes ago

  • Business Wire

Cyclic Materials Announces USD $25M Investment to Establish Centre of Excellence for Rare Earth Recycling in Kingston, Ontario

TORONTO--(BUSINESS WIRE)--Cyclic Materials, the advanced recycling company building a circular supply chain for rare earth elements (REEs), today announced a USD $25 million investment to launch North America's first Centre of Excellence for rare earth recycling in Kingston, Ontario, which will result in 45 new skilled jobs in the region. Spanning over 140,000 square feet, the first-of-its-kind facility will serve as Cyclic's industrial and innovation backbone, combining full-scale commercial processing and cutting-edge research and development (R&D) to address one of the world's most pressing supply chain challenges: the resilient sourcing of rare earth elements for use in permanent magnets. A Strategic Facility Serving a Circular Future The Kingston Centre of Excellence will house Cyclic Materials' first commercial 'Hub' processing unit, leveraging the company's proprietary REEPure SM technology. The facility is designed to convert 500 tonnes of magnet-rich feedstock annually into recycled Mixed Rare Earth Oxide (rMREO)—a product containing crucial components for permanent magnets used in EV motors, wind turbines, and consumer electronics such as Neodymium, Praseodymium, Terbium, and Dysprosium. Feedstock for this facility will be sourced from both Cyclic's Arizona-based 'Spoke', where end-of-life products will be processed, as well as a growing network of partners supplying magnet scrap from production. With operations set to begin in Q1 2026, rMREO from this facility will supply key partners within the magnet value chain, like Solvay, with whom Cyclic Materials signed an offtake agreement in 2024, providing a secondary resource of critical rare earth elements. The site will also house a state-of-the-art R&D center, including advanced labs and a mini-Spoke line, to accelerate process optimization and scale next-generation technologies across the rare earth value chain. Breaking Global Dependency with Local Innovation Today, less than 1% of rare earth elements are recycled, and global supply chains remain highly sensitive to growing geopolitical tensions and supply concentration. Cyclic Materials' proprietary MagCycle℠ and REEPure℠ technologies recover REEs from end-of-life products such as EVs, wind turbines, and data center hard drives—delivering a low-footprint, circular alternative to mining and a fast track to domestic supply security. 'With this Centre of Excellence, we're advancing our core mission: to secure the most critical elements of the energy transition through circular innovation,' said Ahmad Ghahreman, CEO of Cyclic Materials. 'Kingston is where Cyclic began—and now it's where we're anchoring our commercial future.' Kingston: The Cornerstone for the Next Generation of Cleantech Kingston has played a foundational role in the company's success—home to its commercial demonstration facilities and a deep bench of collaborators in research, engineering, and cleantech. The Centre of Excellence will build on robust partnerships with Queen's University, Kingston Process Metallurgy (KPM), RXN Hub, and Impact Chemistry, as well as support from national innovation programs including CMRDD (Critical Minerals Research, Development and Demonstration) from Natural Resources Canada, Sustainable Development Technology Canada (SDTC), and the National Research Council's Industrial Research Assistance Program (IRAP). The facility is expected to create over 45 highly qualified new jobs, with more than 20 hires already onboard. Recruitment has already started with key roles for plant operators, process technicians, and innovation staff. "We are thrilled to see Cyclic Materials' significant investment to establish their Centre of Excellence and Hub in Kingston, Ontario. This announcement not only creates high-quality jobs in the community but is a reflection of the expertise, talent, and supportive ecosystem Kingston has to offer companies,' said Shelley Hirstwood, Director of Business Development at Kingston Economic Development Corporation. 'We are proud to support Cyclic Materials' efforts to create a circular supply chain addressing Canada's critical minerals and rare earth elements." Scaling a North American Rare Earth Recycling Network This investment marks a pivotal step in Cyclic Materials' broader plan to scale its rare earth recycling infrastructure across North America and Europe. With strategic alliances including Solvay, Glencore, Lime, and Sims Lifecycle Solutions, the company is building a resilient, sustainable, and circular ecosystem for rare earth magnets—supporting the electrification of industries and the secure supply of critical materials. About Cyclic Materials Cyclic Materials, founded in 2021, is a cleantech company building a circular supply chain for rare earth elements (REEs) and other critical materials essential to the clean energy transition. Its innovative technology transforms end-of-life products into valuable raw materials used in EVs, wind turbines, and electronics. In 2023, the company launched a commercial demo facility using its MagCycle℠ process to recover rare earth magnets. In 2024, it opened a second facility in Kingston, Ontario, producing Mixed Rare Earth Oxide via its REEPure℠ hydrometallurgical process. With demand for REE-based magnets surging, Cyclic Materials is scaling globally across North America, Europe, and Asia. Mesa, Arizona, is its first U.S. location. In recognition of its pioneering work, it was named the #8 Most Innovative company in North America by Fast Company in 2025. Learn more at

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store