The Latin America, Middle East and Africa Electric Vehicle (EV) Battery Housing Market would witness market growth of 14.5% CAGR during the forecast period (2023-2030).
In the event of a collision, the battery housing is designed to absorb and dissipate impact forces, contributing to the overall safety of electric vehicles. The strategic placement of the battery pack, coupled with the materials used in the housing, enhances crash safety and minimizes the risk of battery damage. Battery housing is a hub for various electronic components, including battery management systems (BMS) and monitoring sensors. These systems continuously monitor the health and performance of the batteries, providing real-time data to both the vehicle and the driver. Integration with vehicle electronics allows for advanced features such as regenerative braking, energy management, and predictive maintenance.
EV battery housing is often integrated into the chassis or frame of the electric vehicle, contributing to the vehicle's overall structural integrity. This integration enhances crash safety by providing additional reinforcement and impact absorption. It also influences weight distribution, contributing to improved handling and stability. Advanced EV battery housing designs often incorporate modular and scalable features. Modular designs allow flexibility in adapting to different vehicle models and sizes, facilitating easier maintenance and upgrades. Scalable designs enable manufacturers to use similar battery housing structures across different vehicle platforms, streamlining production processes and reducing costs.
According to the International Trade Administration, Saudi Arabia sold 35% and nearly 52% of the vehicles in 2020 in the Gulf Cooperation Council and the MENA region. The adoption of electric vehicles in Dubai encourages innovation in EV technologies, including advancements in battery technologies and housing solutions. Dubai’s emphasis on sustainability contributes to its green image and attracts environmentally conscious tourists. According to the Dubai Water and Electricity Authority, the number of EVs in Dubai is predicted to be about 7,331 in 2023 and 12,852 by 2025. This supports Dubai's Green Mobility Strategy 2030, which mandates that by 2030, 30% of public sector vehicles and 10% of all new vehicle sales will be electric or hybrid. Therefore, due to the above-mentioned factors, the market will grow significantly in this region.
The Brazil market dominated the LAMEA Electric Vehicle (EV) Battery Housing Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $579.5 Million by 2030. The Argentina market is showcasing a CAGR of 14.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 14% during (2023 - 2030).
Free Valuable Insights: The Worldwide Electric Vehicle (EV) Battery Housing Market is Projected to reach USD 24.3 Billion by 2030, at a CAGR of 13.2%
Based on Vehicle Type, the market is segmented into Passenger Car and Commercial Car. Based on Material, the market is segmented into Aluminium, Steel and Others (Carbon Fibre & Carbon Glass). Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Magna International, Inc.
- Proterial, Ltd.
- Saudi Basic Industries Corporation (SABIC)
- Lanxess AG
- Evonik Industries AG
- Covestro AG
- Teijin Limited
- thyssenkrupp AG
- SGL Carbon SE
- Constellium SE
LAMEA Electric Vehicle (EV) Battery Housing Market Report Segmentation
By Vehicle Type
- Passenger Car
- Commercial Car
By Material
- Aluminium
- Steel
- Others (Carbon Fibre & Carbon Glass)
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Electric Vehicle (EV) Battery Housing Market, by Vehicle Type
1.4.2 LAMEA Electric Vehicle (EV) Battery Housing Market, by Material
1.4.3 LAMEA Electric Vehicle (EV) Battery Housing Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. LAMEA Electric Vehicle (EV) Battery Housing Market by Vehicle Type
4.1 LAMEA Passenger Car Market by Country
4.2 LAMEA Commercial Car Market by Country
Chapter 5. LAMEA Electric Vehicle (EV) Battery Housing Market by Material
5.1 LAMEA Aluminium Market by Country
5.2 LAMEA Steel Market by Country
5.3 LAMEA Others (Carbon Fibre & Carbon Glass) Market by Country
Chapter 6. LAMEA Electric Vehicle (EV) Battery Housing Market by Country
6.1 Brazil Electric Vehicle (EV) Battery Housing Market
6.1.1 Brazil Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.1.2 Brazil Electric Vehicle (EV) Battery Housing Market by Material
6.2 Argentina Electric Vehicle (EV) Battery Housing Market
6.2.1 Argentina Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.2.2 Argentina Electric Vehicle (EV) Battery Housing Market by Material
6.3 UAE Electric Vehicle (EV) Battery Housing Market
6.3.1 UAE Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.3.2 UAE Electric Vehicle (EV) Battery Housing Market by Material
6.4 Saudi Arabia Electric Vehicle (EV) Battery Housing Market
6.4.1 Saudi Arabia Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.4.2 Saudi Arabia Electric Vehicle (EV) Battery Housing Market by Material
6.5 South Africa Electric Vehicle (EV) Battery Housing Market
6.5.1 South Africa Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.5.2 South Africa Electric Vehicle (EV) Battery Housing Market by Material
6.6 Nigeria Electric Vehicle (EV) Battery Housing Market
6.6.1 Nigeria Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.6.2 Nigeria Electric Vehicle (EV) Battery Housing Market by Material
6.7 Rest of LAMEA Electric Vehicle (EV) Battery Housing Market
6.7.1 Rest of LAMEA Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.7.2 Rest of LAMEA Electric Vehicle (EV) Battery Housing Market by Material
Chapter 7. Company Profiles
7.1 Magna International, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Geographical Expansions:
7.1.6 SWOT Analysis
7.2 Proterial, Ltd.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 SABIC (Saudi Arabian Oil Company)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 SWOT Analysis
7.4 Lanxess AG
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.4.6 SWOT Analysis
7.5 Evonik Industries AG (RAG-Stiftung)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Covestro AG
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 SWOT Analysis
7.7 Teijin Limited
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.7.6 SWOT Analysis
7.8 thyssenkrupp AG
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 SGL Carbon SE
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. Constellium SE
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 SWOT Analysis
TABLE 1 LAMEA Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 4 LAMEA Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 5 LAMEA Passenger Car Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Passenger Car Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Commercial Car Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Commercial Car Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 10 LAMEA Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 11 LAMEA Aluminium Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Aluminium Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Steel Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Steel Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Others (Carbon Fibre & Carbon Glass) Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Others (Carbon Fibre & Carbon Glass) Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Electric Vehicle (EV) Battery Housing Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Electric Vehicle (EV) Battery Housing Market by Country, 2023 - 2030, USD Million
TABLE 19 Brazil Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 20 Brazil Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 21 Brazil Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 22 Brazil Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 23 Brazil Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 24 Brazil Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 25 Argentina Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 26 Argentina Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 27 Argentina Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 28 Argentina Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 29 Argentina Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 30 Argentina Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 31 UAE Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 32 UAE Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 33 UAE Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 34 UAE Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 35 UAE Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 36 UAE Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 37 Saudi Arabia Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 38 Saudi Arabia Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 39 Saudi Arabia Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 40 Saudi Arabia Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 41 Saudi Arabia Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 42 Saudi Arabia Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 43 South Africa Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 44 South Africa Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 45 South Africa Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 46 South Africa Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 47 South Africa Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 48 South Africa Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 49 Nigeria Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 50 Nigeria Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 51 Nigeria Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 52 Nigeria Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 53 Nigeria Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 54 Nigeria Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 55 Rest of LAMEA Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 56 Rest of LAMEA Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 57 Rest of LAMEA Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 58 Rest of LAMEA Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 59 Rest of LAMEA Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 60 Rest of LAMEA Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 61 Key Information – Magna International, Inc.
TABLE 62 Key Information – Proterial, Ltd.
TABLE 63 Key Information – SABIC
TABLE 64 key Information – Lanxess AG
TABLE 65 Key Information – Evonik Industries AG
TABLE 66 key information – Covestro AG
TABLE 67 Key Information – Teijin Limited
TABLE 68 Key Information – thyssenkrupp AG
TABLE 69 Key Information – SGL Carbon SE
TABLE 70 Key Information – Constellium SE
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Electric Vehicle (EV) Battery Housing Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Electric Vehicle (EV) Battery Housing Market
FIG 4 Porter’s Five Forces Analysis - Electric Vehicle (EV) Battery Housing Market
FIG 5 LAMEA Electric Vehicle (EV) Battery Housing Market share by Vehicle Type, 2022
FIG 6 LAMEA Electric Vehicle (EV) Battery Housing Market share by Vehicle Type, 2030
FIG 7 LAMEA Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2030, USD Million
FIG 8 LAMEA Electric Vehicle (EV) Battery Housing Market share by Material, 2022
FIG 9 LAMEA Electric Vehicle (EV) Battery Housing Market share by Material, 2030
FIG 10 LAMEA Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2030, USD Million
FIG 11 LAMEA Electric Vehicle (EV) Battery Housing Market share by Country, 2022
FIG 12 LAMEA Electric Vehicle (EV) Battery Housing Market share by Country, 2030
FIG 13 LAMEA Electric Vehicle (EV) Battery Housing Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Magna International, Inc.
FIG 15 SWOT Analysis: Proterial, Ltd.
FIG 16 SWOT Analysis: SABIC
FIG 17 SWOT Analysis: Lanxess AG
FIG 18 SWOT Analysis: Evonik Industries AG
FIG 19 SWOT Analysis: Covestro AG
FIG 20 SWOT Analysis: Teijin Limited
FIG 21 SWOT Analysis: thyssenkrupp AG
FIG 22 SWOT Analysis: SGL Carbon SE
FIG 23 SWOT Analysis: Constellium SE