"Actionable Insights to Fuel Your Growth"

High Voltage Battery Market Size, Share and Global Trend By Voltage (400-600V, >600V), By Battery Capacity (75-150kWh, 151-300kWh, Above 300kWh), By Battery Type (Lithium Iron Phosphate, Lithium Nickel Manganese Cobalt Oxide, Lithium Nickel Cobalt Aluminium Oxide), By Driving Range (Up to 250 miles, 251-500 miles, Above 500 miles), By Vehicle Type (Passenger Car, Bus, Truck) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI101217 | Status : Ongoing



Batteries are the core technology enabling the transformative shift to decarbonize energy and transport system. The conference held by the United Nations for climate change has set the framework for a rapid global transformation to a sustainable energy system to avoid catastrophic climate change. The government authorities and private entities are working together to promote e-mobility to meet the collective goals for sustainable development.

High voltage battery is undoubtedly playing a crucial role in the automotive sector, where high voltage battery finds the major application. Many renowned automakers across the world are showing interest in electric vehicle and investing in large scale for promoting e-mobility. At the same time, the government is offering lucrative tax benefits and subsidies to encourage greener technology.

To gain extensive insights into the market, Request for Customization

Also, the environmental regulation laid down by the European Union on marine propulsion has surged the demand for high voltage battery. High voltage battery is significant in most of the heavy-duty vehicles and marine propulsion for achieving high performance. According to the type of application, various types of batteries are used, such as the lead-acid battery, lithium-ion battery, nickel-metal hydride, etc. Consequently, batteries offer not only a sustainable energy solution but also useful in promoting green technology.

The high voltage battery market is segmentation is based on the voltage, battery capacity, battery type, driving range, and vehicle type. The voltage range used in a commercial electric vehicle is between 400-600V vehicle, which includes passenger cars, whereas heavy-duty vehicles use battery having a voltage rating more than 600V, which is best suitable for sports cars.

Based on battery capacity, the market is segmented as 75-150kWh, 151-300kWh, and above 300kWh. On the bases of battery type, the most common type of battery found in most of the electric vehicle is lithium-ion battery due to its high energy density.

The automotive sector has attributed the growth of the high voltage battery due to significant adoption of e-mobility across the world while the technology growth has increased the number of data centers and telecommunication, which accelerate the high voltage battery market.

The government authorities are rolling out massive projects for e-mobility to mitigate GHG emission, which expected to accelerate the demand for high voltage battery. Ongoing adoption of renewable energy requires a high voltage battery for better stability of the grid. Also, the technological revolution in telecommunication increased the demand for an uninterrupted power supply that drives the high voltage battery market.

High voltage batteries are quite expensive along with the complications involved in recycling of the batteries. Due to the presence of toxic and hazardous metal content batteries require a scientific process for its recycling. Furthermore, it requires extra attention while handling and transportation of batteries that will retard the growth of the high voltage battery.

Key Players Covered

The import key players for high voltage battery are Tesla, Panasonic USA, BYD, LG Chem, Samsung SDI, A123 Systems LLC, Bosch Limited, Contemporary Amperex Technology Co., Limited, Johnson Controls, and GS Yuasa.




By Voltage

· 400-600V

· >600V

By Battery Capacity

· 75-150kWh

· 151-300kWh

· Above 300kWh

By Battery Type

· Lithium Iron Phosphate

· Lithium Nickel Manganese Cobalt Oxide

· Lithium Nickel Cobalt Aluminium Oxide

· Others

By Driving Range

· Up to 250 miles

· 251-500 miles

· Above 500 miles

By Vehicle Type

· Passenger Car

· Bus

· Truck

· Others

By Geography

· North America (USA and Canada)

· Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

· Latin America (Brazil, Mexico and Rest of Latin America)

· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Regional Analysis

The global high voltage battery market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The massive economic growth and increasing demand for sustainable energy solution are attributing the growth of the high voltage battery in North America. The technological revolution has driven the requirement of reliable power for rising data centers and telecommunication. Also, the various companies and government authorities are promoting e-mobility that accelerate the growth of the high voltage battery market in North America. Europe is expected to see a surge in for high voltage battery due to development in micro-grid infrastructure for reliable power. The automaker is playing a key in leveraging the demand for high voltage battery demand as most of the companies are introducing an electric vehicle in the market for sustainable growth. At the same time battery will limit the carbon and GHG emission that anticipate the growth of the high voltage battery in Europe. The massive infrastructural development and smart city projects in the Asia Pacific, along with the adoption of e-mobility are expected to leverage the demand for high voltage battery. China is the crucial player attributing the growth of the high voltage batteries owing to the high consumption of the electric vehicle and increasing telecommunication sector. Hence these factors contribute to the growth of the high voltage battery in the Asia Pacific. 

Key Industry Developments

  • In May 2019, An agreement has been signed by American Battery Solutions, Inc. to acquire manufacturing and testing assets for high voltage battery systems from Robert Bosch Battery Systems.
  • In October 2018, Ricardo has been selected by Volvo Cars as an engineering test partner to assess and characterize the performance of battery cells. The cells to be tested is intended for production application in high voltage battery packs in electric vehicles.
  • In February 2018, Cummins Inc has successfully completed the acquisition of Johnson’s Matthey’s UK automotive battery systems, a subsidiary of Johnson’s Matthey’s which specializes in high voltage automotive-grade battery system. The acquisition is an important step for Cummins to expand its business in the UK.

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients


Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.