What happens after a battery module is assembled?

After the battery module is assembled, it needs to be placed into the battery tray. As this tray is a key structural component of the vehicle as well as integral in protecting the battery cells, it needs to be of the highest strength and stability.

Where is the battery cell component market growing?

Automotive & Assembly PracticeThe battery cell component opportunity in Europe and North Ameri aMomentum for the battery cell component market is building rapidly in Europe and North Ame

What are the growth opportunities in the battery component market?

or cell components and local supply signals growth opportunities in the battery component market.The global revenue pool of the core cel components is expected to continue growing by around 17 percent a year through 2030 (Exhibit 2). Future technological developments (new anod

What is the global lithium-ion battery market worth?

Image Source: The global lithium-ion battery market was valued at $30,186.8 million in 2017 and is projected to reach $100,433.7 million by 2025, growing at a CAGR of 17.1% from 2018 to 2025. (1) Coming from emerging markets due to increasing population, rapid urbanization, and purchasing power.

What is the future outlook for India's lithium-ion battery market?

The Indian automobile sector is one of the most prominent sectors in the country, accounting for about 7.1% of the national GDP. The Indian Lithium-ion battery market is expected to grow at a robust CAGR of 29.26% during the forecast period, 2018-2023. This facilitates the development of new technologies and ensures a high-quality product.

How can a battery cell company maintain a competitive edge?

agility, and a culture of urgency are often critical elements for maintaining a competitive edge.Swift action is imperative to meet the demand for local battery cell component supply—and the window of o portunity is just beginning to open for those that can meet the need in Europe and North America. Making t