Global EV Battery Enclosure Market 2022-2027

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    GLOBAL EV BATTERY ENCLOSURE MARKET

     

    INTRODUCTION

    In autos, the batteries serve as a backup power source. A secondary (rechargeable) battery is used in an electric car. It is powered by chemical energy stored in rechargeable battery packs and so therefore doesn’t really necessitate a gasoline engine for movement.

     

    The propulsion of battery electric cars is powered by an electrical vehicle’s batteries, often known as a traction battery. The major source of power transmission for electric cars is a lithium-ion battery pack, which is made up of battery modules assembled together.

     

    The battery packs including their container are susceptible to tough environmental conditions such as exterior vibrations and disturbances caused by variable road grades even during the operation phase of an electric vehicle.

     

    As little more than a result, the battery casing and its components should have improved mechanical properties and also be compact in addition to making the vehicle more efficient and safer.

     

    The major function of EV battery casings, sometimes known as frames, containers, or enclosures, is to store and maintain the lithium-ion batteries.

     

    infographic: EV Battery Enclosure Market, EV Battery Enclosure Market Size, EV Battery Enclosure Market Trends, EV Battery Enclosure Market Forecast, EV Battery Enclosure Market Risks, EV Battery Enclosure Market Report, EV Battery Enclosure Market Share

     

    The enclosures appear in a variety of forms and sizes, and, like other vehicle parts, serve as a battleground for material properties. Aluminium and steel are common materials for rechargeable battery casings.

     

    However, composite materials may give a superior option that considerably improves the performance of EVs. A lighter battery box built of composite materials seems to have a favourable impact on the overall vehicle design.

     

    To transport a lighter vehicle, lighter battery packs and naturally aspirated engine sizes are necessary because of the less vehicle weight ascribed to the storage casings.

     

     

    GLOBAL EV BATTERY ENCLOSURE MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Novelis Introduces Second-Generation Aluminium Intensive Battery Enclosure Solution for Electric Vehicles Novelis Inc., the world leader in aluminium rolling and recycling, announced today the introduction of new design innovations with Generation II of its lightweight electric vehicle (EV) battery enclosure solution for the rapidly growing EV market. Global Scale This would enhance better Technologies and production

     

    GLOBAL EV BATTERY ENCLOSURE MARKET DYNAMICS

     

    Sr. No. Timeline Company Updates
    1 January 2022 Schneider Electric Schneider Electric acquired start-up climate-tech platform Zeigo to enhance the company’s digital capabilities in energy, sustainability, and environmental commodity consulting. The acquisition complemented Schneider Electric’s portfolio of clean energy services and solutions and advance the company’s digital energy transformation ambitions.
    2 July 2021 Grevol Grevol partnered with Contemporary Amperex Technology Co. Ltd. (CATL) for long-term cell procurement. The company will be using CATL cells for their upcoming cargo 3-wheeler (L5N) vehicles.
    3 April 2021 ABB Hitachi ABB Power Grids formed Americas battery storage partnership with Atlas Renewable Energy. It supplied and integrated a 30MW BESS for the Energy Storage for Commercial Renewable Integration (ESCRI) project in South Australia.
    4 March 2021 Rittal and Stulz Rittal and Stulz entered into a global partnership, with immediate effect. As a result, the two companies will be better equipped to offer customers end-to-end, tailored solutions to their needs. Rittal’s broad IT infrastructure portfolio will now be combined with liquid-based closed-circuit chillers, free-cooling products, side chillers and indoor chillers from Stulz.
    5 February 2020 Rittal and ZutaCore Rittal and ZutaCore announced a strategic partnership to offer highly efficient data center cooling solutions and will enable customers to cool processors up to and above 900W.

     

    Strictly regulated lead emission regulations in electric vehicle batteries, but on the other hand, may stymie industry expansion.

     

    Furthermore, high import tariffs on Battery systems and price volatility in raw materials are projected to impede the expansion of the electric vehicle battery industry.

     

    Furthermore, the advancement of Lithium-ion technology in EV batteries and the expansion of battery enclosures provide profitable potential for the industry.

     

    The safety of the vehicle is significantly dependent on the safety of the battery pack, which is based on mechanical properties such as the capacity to resist deformation and vibration shocks.

     

    Furthermore, a lighter vehicle is preferable since it can extend the range of the vehicle and the life cycle of the rechargeable battery.

     

    Europeans have been expected to lead the worldwide battery enclosures market due to the region’s huge installed base of renewable energy and electric cars. Increased environmental protections are also expected to enhance demand for batteries in power storage applications.

     

    Infographic: Global EV Battery Enclosure Market, Global EV Battery Enclosure Market Size, Global EV Battery Enclosure Market Trends,  Global EV Battery Enclosure Market Forecast,  Global EV Battery Enclosure Market Risks, Global EV Battery Enclosure Market Report, Global EV Battery Enclosure Market Share

     

    Given the industry’s growth, Asia Pacific is expected to be a particularly appealing location. Increased investment inside the renewables industry is expected to increase demand for batteries in energy storage systems.

     

    Asia Pacific countries such as China, Japan, and India are transitioning to powered mobility in order to bring down pollutant concentrations.

     

    The expanding demand for zero-emission cars, the advancement of lithium-ion technology, and rising government rules on emission control systems are all key factors influencing the rise of enclosure requirements.

     

     

    GLOBAL EV BATTERY ENCLOSURE MARKET SEGMENTATION

    The Global EV Battery Enclosure Market can be segmented into following categories for further analysis.

    By Type

    • Aluminium Enclosure
    • Hybrid Alloy Enclosure
    • Copper Lining Enclosure
    • Carbon Alloy Enclosure

     

    By Usage Classification Type

    • Residential EV
    • Commercial EV
    • Industrial EV

     

    By Technological Usage Type

    • EV Two Wheelers
    • EV Three Wheelers
    • EV LCV
    • EV Trucks

     

    By Regional Classification

    • Asia Pacific Region – APAC
    • Middle East and Gulf Region
    • Africa Region
    • North America Region
    • Europe Region
    • Latin America and Caribbean Region

     

     

    GLOBAL EV BATTERY ENCLOSURE MARKET LATEST LAUNCH

     

    The Current Sensor Module (CSM) and the Battery Impact Detection (BID) system are two new sensors from Continental that are being introduced for electric vehicles. Both of the new technologies put a strong emphasis on maintaining battery parameters or safeguarding the battery.

     

    This year will see the introduction of the high-voltage Current Sensor Module (CSM), which simultaneously measures current and monitors temperature. A lightweight substitute for bulky underfloor “armoring” against damage is the Battery Impact Detection (BID) system.

     

    Given that the battery is the most expensive component in an electric vehicle, the CSM was created to safeguard it from overcurrents as well as to maintain the battery’s specifications by reducing ageing effects.

     

    The two critical pieces of information for battery protection and accurate driving range monitoring will be provided by the CSM, which can be included either in the battery disconnect unit or in the battery itself.

     

    The CSM is a two-channel sensor that integrates shunt and hall technologies into a small, single instrument to measure current independently in order to fulfil stringent functional safety standards.

     

    When a stop at a garage is required as a result of underfloor impacts, the BID in conjunction with a lightweight structure warns the driver.

     

    This spares the driver the difficult choice of determining whether a high-speed hit or a low-speed ground contact may have harmed the battery. The BID solution can save up to 50% of the weight of standard metal underfloor protection.

     

     

    RECENT TECHNOLOGICAL TRENDS IN GLOBAL EV BATTERY ENCLOSURE MARKET

     

    Sr. No. Timeline Company Updates
    1 December 2021 Eaton Eaton received a $4.9 million award from the U.S. Department of Energy (DOE) to reduce the cost and complexity of deploying direct-current (DC) fast electric vehicle charging infrastructure (EVCI).
    2 October 2021 Novelis Inc. Novelis Inc. announced the introduction of new design innovations with Generation II of its lightweight electric vehicle (EV) battery enclosure solution for the rapidly growing EV market.
    3 July 2021 Grevol Green Evolve Private Ltd. (Grevol) announced the launch of their cutting-edge lithium battery packs created for their own soon to be launched 3-wheeler (L5N category) light commercial vehicles.
    4 May 2019 Novelis Inc. Novelis Inc. developed the first aluminum sheet battery enclosure solution to address customers’ needs in the rapidly growing electric vehicle and battery markets. Available globally, this design for next-generation automobiles provides a more sustainable mobility solution in battery electric vehicles.

     

    The rechargeable batteries enclosure is important in collision electricity consumption because it prevents incursion into the rechargeable batteries while also absorbing energy to protect the occupants.

     

    The primary role of the internal framework is to minimize penetration into the cells, even though it results in metallic breakage. This exterior reinforcing is meant to collapse in a controllable environment without splitting, absorbing the maximum amount of energy.

     

    Constellium’s dual-frame concept uses two separate sophisticated extrusion technologies.Considering the low mass as well as recycled content, aluminium casings perform poorly when thermal runaway occurs, or a vehicle catches fire.

     

    Aluminium seems to have a very high thermal conductivity and a melting temperature of 630 degrees Celsius. A battery fire can reach 1200°C or even more, as well as the aluminium housing will only endure a minimal lifespan eventually melting.

     

    As a result, again for a protective surface, a thicker steel sheet or a fire-retardant-loaded polymeric moulding will last longer and offer customers greater time to leave.

     

    Heat created either by lithium batteries can also be an issue for aluminium casings, particularly for portions in direct contact with the cells or other parts of the high-voltage system that become hot while recharging or discharge.

     

    The secondary mass and cost reductions associated with being able to shrink the batteries and engine provide compensation for the higher cost of aluminium constructions.

     

    COMPETITIVE LANDSCAPE

     

    Sr. No. Timeline Company Sales
    1 Q3-2021 Eaton Eaton’s sales in the third quarter of 2021 were $4.9 billion, up 9% from the third quarter of 2020 driven by strong operational performance despite supply constraints that impacted its organic sales growth while the operating cash flow in the third quarter of 2021 was $471 million.
    2 Q3-2021 Schindler Electric Schindler Electric’s Q3 revenues were €7,221 million ($ 8.26 B), a growth of 11.8 percent from last year on a reported basis, and 8.8 percent organically.
    3 Q3-2021 Pentair plc Pentair plc announced third quarter 2021 sales of $969 million. Sales were up 21 percent compared to sales for the same period last year. The operating income was $167 million, up 31 percent compared to operating income for the third quarter of 2020, and return on sales (“ROS”) was 17.3 percent, an increase of 130 basis points when compared to the third quarter of 2020
    4 Q3-2021 Novelis Inc. Novelis Inc.’s net income from continuing operations of $195 million, up 64 percent and 82 percent, respectively, versus the prior year. Adjusted EBITDA increased 46 percent to $501 million in the third quarter of fiscal 2021 compared to $343 million in the prior year period.

     

    Demand for battery enclosures has been expanding globally as a result of increased development of electrical cars and increased spending on infrastructure. Among the most important components of off-grid systems is the rechargeable batteries compartment.

     

    These enclosures protect batteries from harsh environmental conditions as well as other potentially damaging consequences. They also aid in regulating body temperature.

     

    Battery enclosures components safeguard the batteries in electric and hybrid cars from puncture or infiltration, safeguarding occupants, bystanders, and the surroundings against potentially dangerous circumstances.

     

    Novelis is one of the developers of the latest designs and integrations of the battery enclosures in the market. These same compartments are indeed being created with the intention of broadening the crate of aluminium alternatives available for worldwide high-volume EV manufacturing.

     

    The Second-Generation of sophisticated aluminium sheet strenuous architecture minimises weight, reduces costs, and delivers higher pack energy density compared to traditional EV battery enclosures made from steel or aluminium mouldings.

     

    The innovative EV battery enclosures are 50 percent lighter than high strength steel containers attributable to the Novelis Advanz s650 alloy in roll-formed frame parts.

     

    Improved cell-to-pack (CTP) package efficiency and structural performance results inside a 30% increase in the energy densities over the baseline.

     

    Technological advancements, along with Novelis’ excellent material technology, result in a best-in-class frame mass efficiency of less than 1.0 kg/Kwh as well as a weight reduction enhancement of more than 20% over the foundation aluminium reference.

     

    Constellium is also a leading developer focusing on the development of the battery enclosures strengthening the operability of all classes of vehicles in the industrial focus. Electric trucks will need very huge batteries, a high tonnage, plus low energy usage (operating costs).

     

    When contrasted to similar design considerations, aluminium battery enclosures or other platform sections often deliver a weight reduction of 40%. The  most often used and best-suited alloys for battery enclosures are of the 6000-series Al-Si-Mg-Cu family, which is extremely well acceptable with end-of-life reprocessing.

     

    The latest configuration option for underside panels is a high-strength 6111 alloy in peak aged temper, which saves 30% of the weight of the benchmarking 5754 O-temper composition. Constellium is working on 4xxx alloys with either an E-modulus of 80 GPa and a maximum stress of 350 MPa.

     

    With the experimental 4xxx alloy, a reduced weight of 40% is technologically conceivable. A 7075 T6 alloy is also being developed, with a fracture toughness of 500 MPa as well as an E-modulus of 70 GPa.

     

    He highlighted that 7000-series Al-Zn-Mg-Cu alloys have not yet been commonly employed in automotive applications. 7000 might be used for bottom plates where impact resistance is important.

     

     

    COMPANIES PROFILED

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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