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Wednesday, October 22, 2025

Lucintel Forecasts the Global High Voltage Battery Market to Reach $82 Billion by 2030

According to a market report by Lucintel, the future of the global high voltage battery market looks promising with opportunities in the bus, passenger car, and truck markets. The global high voltage battery market is expected to reach an estimated $82 billion by 2030 with a CAGR of 23.5% from 2024 to 2030. The major drivers for this market are the rapid expansion of smart cities projects and rising popularity for e-mobility.

A more than 150-page report to understand trends, opportunity and forecast in global high voltage battery market to 2030 by driving range (100–250 miles, 251–400 miles, 401–550 miles, and > 550 miles), battery type (LFP, NCA, NMC, and others), vehicle type (bus, passenger car, and truck), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that > 550 miles is expected to witness the highest growth over the forecast period.

Within this market, bus will remain the largest segment due to rising preference for battery based electric buses in various cities for public transportation.

Download sample by clicking on high voltage battery market.

APAC is expected to witness highest growth over the forecast period due to rapid expansion of EV sector and presence of key battery manufacturer in the region.

Tesla, BYD, Panasonic, LG Chem, Samsung SDI, CATL, Siemens are the major suppliers in the high voltage battery market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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