Global EV Battery Protection Underbody Shielding Market 2024-2030

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    2024 Update coming soon Published- July 2023 Number Of Pages - 166   

    GLOBAL EV BATTERY PROTECTION UNDERBODY SHIELDING MARKET

     

    KEY FINDINGS

    • Europe and China currently lead the market in terms of the volume of Battery Underbody Shielding. China holds the pole position in terms of sales of plugged-in vehicles
    • USA has the highest average value per vehicle mainly due to the dominance of Tesla in this region which comes with larger battery packs and better quality
    • The B-2-B price of Battery Underbody Shielding is highest in USA. It is around $77 for Hatchbacks, $93 for Sedans, and $130 for SUVs
    • China has the lowest B-2-B prices for all vehicle types due to high scale, cheaper cost of labor and overall hold in the supply chain
    • With the ever increase in sales of PHEVs, and BEVs, the B-2-B prices will be largely impacted by this in the forecast period
    • The trend of electrification has impacted the overall market with various players coming up with new products to fit all vehicle types. Various OEMs have set goals to shift to full electric over the next 10 years
    • As battery prices are decreasing globally, the sales of EVs as well as battery packs deployed are increasing, thereby increasing the optimization and deployment of battery shielding
    • The increasing number of EV models being introduced by major automakers and the expanding charging infrastructure across the country have contributed to the demand for battery protection solutions.
    • Japan is known for its technological advancements & emphasis on safety. As a result, there is a focus on developing advanced underbody shield solutions that provide optimal protection while minimizing weight and maintaining the vehicle’s overall safety performance.

     

    INTRODUCTION

    EV batteries are shielded to prevent battery explosion. The energy density of the battery is being increased through a lot of effort. With the use of shielding, advancements are made to prolong battery life and improve cycle performance. The big batteries generate a significant quantity of heat when they are forced to deliver high power and fuel the vehicle.

     

    The battery could be harmed if this heat is not dispersed. It can result in significant battery wear if not addressed. Hence, there is a decrease in performance and charge efficiency. Moreover, the battery pack’s thermal runaway can result in blatant safety risks. Optimising battery life and performance is crucial for efficient heat management. To achieve this, shielding.

     

    The wires that connect the battery and charger to the battery and engine produce a stream of strong current at a low frequency. This in turn generates a strong magnetic field that adversely impacts other parts of the car. To protect the battery and its circuitry from entering EMI, substantial shielding attenuation is necessary.

     

    Very high strength is provided by advanced high strength steels (AHSS). AHSS was created so that automakers could improve the safety capabilities of their automobiles. These slopes have contributed to the structure’s weight being continuously reduced. The great formability is maintained in these grades.

     

    They provide an incredibly broad selection of mechanical and technological characteristics for various car pieces, like the body-in-white (BIW).

     

    GLOBAL EV BATTERY PROTECTION UNDERBODY SHIELDING MARKET SIZE AND FORECAST

     

    Infographic: EV Battery Protection Underbody Shielding Market , EV Battery Protection Underbody Shielding Market Size, EV Battery Protection Underbody Shielding Market Trends, EV Battery Protection Underbody Shielding Market Forecast, EV Battery Protection Underbody Shielding Market Risks, EV Battery Protection Underbody Shielding Market Report, EV Battery Protection Underbody Shielding Market Share

     

    The Global EV battery protection underbody shielding market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    TRENDS IS EV BATTERY PROTECTION UNDERBODY SHIELDING MARKET

    Underbody shielding can be integrated with other vehicle systems, such as aerodynamics or thermal management, to optimize overall performance. For example, some shielding designs incorporate airflow management features to improve cooling of the battery pack, enhancing its efficiency and longevity.

     

    Electric vehicle batteries are expensive and sensitive components. Protecting them from damage caused by road debris, stones, or other external factors is crucial for ensuring their safety and durability. Underbody shielding provides an additional layer of protection to the battery pack, safeguarding it from potential hazards.

     

    Governments and regulatory bodies around the world are implementing stringent safety standards for electric vehicles. These standards often include provisions for battery protection and safety measures. Underbody shielding can help automakers meet these requirements and ensure compliance with safety regulations.

     

    With the increasing number of electric vehicles on the road, there is also a growing aftermarket demand for battery protection solutions. Some companies specialize in developing aftermarket underbody shielding kits that can be retrofitted to existing EV models, providing an opportunity for vehicle owners to enhance their battery safety.

     

    The global demand for electric vehicles has been rising due to environmental concerns and government initiatives promoting sustainable transportation. As the EV market expands, the need for efficient battery protection solutions, including underbody shielding, is also growing.

     

    RECENT DEVELOPMENT

    A multiply divided battery mounting section and an underbody portion are both included in an electric vehicle’s underbody that is designed as the lower body of the vehicle. The multi-divided battery mounting component, which makes up part of the underbody, allows for multi-divided and selective attachment of batteries.

     

    Another part of the underbody is formed by the connection between the underbody portion and the battery mounting piece.

     

    The underbody for an electric vehicle that serves as the lower body of an electric vehicle is the subject of the present invention. More specifically, it relates to an underbody for an electric vehicle that not only offers a lighter underbody but also safely maintains its structural rigidity, allows for the selective mounting of multiple separate batteries on it to increase travel distance between battery charges, and

     

    Manufacturers of EV batteries and original equipment manufacturers are working to find more effective ways to produce batteries at scale as the adoption and innovation of EVs picks up speed. Fire protection is also necessary to guarantee that vehicle batteries offer the highest level of protection in the event of accidents and fires.

     

    Therefore, it’s crucial to use EV battery safety devices that slow the spread of fire. To meet this problem, Henkel introduced Loctite EA 9400 and Loctite FPC 5060, two new protective coating materials that are intended to cover the battery housings from heat and fire in the event of a thermal runaway incident.

     

    The coatings, when used on battery packs, aid in preventing and delaying the spread of flames. Nonetheless, their effective and affordable application procedures ensure that manufacturers can keep improving battery technology.

     

    Battery safety solutions aid in reducing or delaying such occurrences, extending the window of opportunity for vehicle escape. With the development of regulatory frameworks for EV safety, this time window is becoming more and more regulated. China has already implemented laws that outline the necessary time window, and other markets are anticipated to do the same in due course.

     

    Both Loctite EA 9400 and Loctite FPC 5060 were created for automated mass manufacturing and are compatible with popular automated dispensing systems. They can be applied by “spray” or “flat stream.”

     

    NEW PRODUCT LAUNCH IN EV BATTERY SHIELD MARKET AND FUTURE IMPLICATIONS

    • Kautex Textron GmbH & Co. KG, announced it has received the first order from an automotive OEM for a thermoplastic composite underbody battery protection skid plate. The skid plate is part of the company’s new Pentatonic battery system product line supporting battery electric vehicle production.
    • Pentatonic is a lightweight, customizable solution produced from thermoplastic or composite metal hybrid. The new skid plate design will be produced for on-and-off-road applications. It is designed to meet industry-leading impact resistant capacity, and features over a 50% weight reduction versus its steel counterpart.
    • TPI Composites & Helicoid Industries developed,  Bio-inspired EV underbody panel . This underbody protection panel will reportedly provide an alternative solution to current aluminum designs to protect high voltage battery packs from road debris, a low-cost product that is lower in weight, higher in load bearing capability, and more resilient in impacts and crash scenarios compared to aluminum designs.
    • Multiaxial Noncrimp Fabric (NCF) technology is used to strategically compose the full Helicoid stack in subunits. The stack layers are then robotically dosed and automatically placed and retrieved from a 2,500-ton press, resulting in high performance precision parts.

    MARKET SEGMENTATION

    By Geography

    • US
    • Europe
    • China
    • Asia Ex China
    • ROW

     

    By EV Type

    • BEV(Battery  Electric Vehicle)
    • PHEV(Plug in  Hybrid Electric  Vehicle)

     

    By Vehicle Type

    • Hatchback
    • Sedan
    • SUV/Crossover
    • Commercial Vehicles

     

    By Material Type

    • Aluminum
    • Titanium
    • Steel
    • Carbon Fiber
    • Others

     

    By Type

    • Integrated with battery casing
    • Separate from battery casing

     

     

    COMPANY PROFILE

    • ThyssenKrupp
    • SK Innovation
    • Teijin Automotive Technologies
    • SGL Carbon
    • Autoneum
    • Röchling Automotive
    • HP Pelzer Automotive Systems

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many are manufactured per EV battery protection underbody shielding num globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global EV battery protection underbody shielding and key vendor selection criteria
    3. Where is it manufactured? What is the EV battery protection underbody shielding average margin per unit?
    4. Market share of Global EV battery protection underbody shielding Market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global EV battery protection underbody shielding n-house
    6. 5 key predictions for next 5 years in Global EV battery protection underbody shielding market
    7. Average B-2-B EV battery protection underbody shielding,by every market segment
    8. Latest trends in EV battery protection underbody shielding,by every market segment
    9. The market size (both volume and value) of the EV battery protection underbody shielding market in 2023-2030 and  every year in between?
    10.  Production breakup of EV battery protection underbody shielding market,by suppliers and their OEM relationship
    Sl. No Topic
    1 Market Segmentation
    2 Research Methodology
    3 Executive Summary
    4 Insights from Industry Stakeholders
    5 Platforms of top OEMs and Battery suppliers for each platform
    6 EV product plan of OEMs (Top 10 OEMs) -2023-2030
    7 OEM Stance on EVs and impact on Battery Underbody Shielding market
    8 Key Criteria of Underbody Battery Underbody Shield properties for selection by Manufacturers
    9 Average B2B Price of Battery Underbody Shield, by Region
    10 Average B2B Price EV Battery Underbody Shield, by OEM
    11 New Product Launch In EV Battery Shield Market and future implications
    12 R&D Focus area of Battery Shield Manufacturers
    13 Patents filed in Battery Shield Manufacturing in the past 10 years
    14 Decrease in battery price and impact on EV Battery Shield Market
    15 Developments in Solid state battery and impact on Battery Shield Market
    16 New materials launched for EV Battery Shield Market
    17 Pricing trends of EV Battery Shield – 2018 - 2023
    18 Top 10 EV Platforms And Annual Value For Battery Shield – 2022-2025
    19 Trends is EV Battery Protection Underbody Shielding Market
    20 Cost breakdown of EV Battery Protection Underbody Shield
    21 Regulations in EV Battery Protection Underbody Shield
    22 OEM Testing Requirements in EV Battery Protection Underbody Shield
    23 Market Size, Dynamics And Forecast By Geography, 2023-2030
    24 Market Size, Dynamics And Forecast By Electric Vehicle Type, 2023-2030
    25 Market Size, Dynamics And Forecast By Vehicle Type, 2023-2030
    26 Market Size, Dynamics And Forecast By Material, 2023-2030
    27 Market Size, Dynamics And Forecast By Type, 2023-2030
    28 Competitive Landscape of EV Battery Shield Market
    29 Market share of EV Battery Shield Market-2023
    30 OE-Supplier Alignment in EV Battery Shield Market
    31 Recent M&A in the industry
    32 Growth strategy of major suppliers
    33 Company Profiles
     
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