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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Due to their high energy density in relation to their weight, lithium-ion and lithium polymer batteries are the most popular battery types in contemporary electric vehicles. Lead-acid, nickel-cadmium, nickel-metal hydride, and, less frequently, zinc-air and sodium nickel chloride batteries are other types of rechargeable batteries used in electric vehicles.
Batteries can store electricity in the form of ampere-hours or coulombs, with the total energy being expressed in kilowatt-hours. Because BEVs are more energy efficient, their running costs are lower than those of comparable internal combustion engines because they use less power.
A primary fuse located in the battery cell stack controls the current flow of the pack in the event of a short circuit. It is possible to separate the battery stack into two electrically independent parts by removing a service plug or service disconnect. The exposed main terminals of the battery offer no significant electrical hazard to service personnel when the service plug is removed.
Due to rising demand brought on by the increased popularity of electric vehicles as a result of government subsidies for EV consumers, Thai businesses are planning to invest extensively in EV batteries.
Key participants are entering Thailand's EV battery market, from a state-owned company to a start-up in renewable energy, as a result of the government's ambition to establish the nation as a regional production hub for EVs and their parts.
The investment made by the company goes toward developing the factory, analysing consumer demand, and producing custom batteries for a range of applications, such as EV batteries and power storage for solar plants.
The Thailand EV Chemicals Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
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, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application,2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
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, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |