Press release
Aluminum Power Battery Trays Market Set to Expand at a Staggering 33.0% CAGR, Reaching $34.94 billion by 2031
QYResearch A newly published report titled "Global Aluminum Power Battery Trays Market Insights, Forecast to 2031" by QY Research throws light on the industry dynamics and current and future trends that play a key role in determining the business expansion. The Aluminum Power Battery Trays report also highlights the key driving factors and restraints that are impacting the growth. For a comprehensive understanding, the professionals have reviewed the regulatory scenario, market entry strategies, best industry practices, pricing strategy, technology landscape, and consumption, sales, and demand outlook. Y-o-Y growth estimates have also been included to provide the users with accurate statistics and facts. This Aluminum Power Battery Trays Market report will give the readers a bigger and see-through picture of the overall scenario.The global market for Aluminum Power Battery Trays was estimated to be worth US$ 4.71 billion in 2024 and is forecast to a readjusted size of US$ 34.94 billion by 2031 with a CAGR of 33.0% during the forecast period 2025-2031.
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The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Aluminum Power Battery Trays cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
In 2024, the global production of Aluminum Power Battery Trays will reach 10,000.16 thousand pieces, with an average selling price of US$471.42 per piece. The Aluminum power battery tray is a special structural part used to fix, support and protect the power battery module, and is used as an integrated connection between the battery system and the vehicle chassis. It is not only the "shell" of the battery module, but also an important part of the vehicle structure, and must meet multiple requirements such as mechanical strength, thermal management, electrical safety and lightweight. It is an important part of the power system of new energy vehicles and an important guarantee for the safety of the battery system. The traditional battery tray consists of four parts: battery module position, cooling pipe position, output circuit position and assembly position.
Due to the need for high strength and large specifications to carry and balance the weight and safety of the battery, the battery tray often has high precision, corrosion resistance, high temperature resistance, impact resistance, good thermal conductivity and other properties. Driven by the lightweight development trend of new energy vehicles, aluminum alloy has become the preferred lightweight material for new energy vehicle battery trays due to its high strength, light weight, strong corrosion resistance, relatively low sensitivity to processing parameters, and relatively high cost performance. In addition, new energy power battery integration technology is rapidly iterating from MTP to new technical forms such as CTP, CTB, and CTC. The market demand of downstream vehicle manufacturers and battery manufacturers is gradually transitioning from traditional MTP battery pallets to new battery pallets such as module-free CTP.
The weight of the electric vehicle body affects the endurance, and the trend of lightweight battery packs is determined. Since power batteries are generally heavier than internal combustion engines, compared with traditional fuel vehicles, the weight of electric vehicles is larger, which will have a certain impact on the endurance of power batteries. Lightweighting of electric vehicles means reducing the curb weight of the vehicle as much as possible and improving the power of the vehicle while ensuring the strength and safety performance of the vehicle. The power battery accounts for about 20% of the curb weight of the vehicle. Lightweighting of the battery pack is conducive to reducing the weight of the vehicle and improving the endurance of the electric vehicle. At present, the technical path of lightweighting of battery packs includes structural and material optimization design, with modular integration and lightweight material research as the main technical path.
Featured Companies: -
Benteler
Novelis
SGL Carbon
Guangdong Hoshion Industrial Aluminium Co., Ltd.
Huada Automobile Technology Co., Ltd.
Minth Group Limited
Dongguan Huake Huayu Intelligent Equipment Technology Co., Ltd.
Lingyun Industrial Corporation Limited
Alnera Aluminium Co., Ltd.
Shenzhen Everwin Precision Technology Co., Ltd.
Shanghai Unison Aluminium Co., Ltd
Henan Mingtai Al. Industrial Co., Ltd.
Lucky Harvest Co., Ltd.
Ningbo Xusheng Group Co., Ltd.
Tianjin Ruixin Technology Co., Ltd.
Nantong Chaoda Equipment Co.,Ltd.
Chongqing NanFu aluminium Co.Ltd.
Mold EX-Press
Jiangsu Tianjun Precision Technology Co., Ltd.
Companies are selected based on parameters such as: -
> Revenue generation
> Manufacturing facilities
> R&D investments
> Market share and innovation pipeline
> Geographical presence
Market Drivers:-
Aluminum Power Battery Trays market drivers include a few key factors include growing consumer demand for the product, successful marketing tactics in new states, and large investments in product development. Easy access to competitors is one of the main issues facing the Aluminum Power Battery Trays business. Another hurdle to the Aluminum Power Battery Trays market is the low cost of substitutes. Businesses think they can get past this barrier, though, by controlling prices and introducing chemicals, specialty chemicals, polymers, metals, ceramics, composites, and advanced materials sector, which will increase consumer demand for their products. Furthermore, in order to minimise dangers, modify their plans, and continue operating, market participants must face substantial challenges. Consequently, companies will be able to effectively allocate their resources without compromising timely market supply or product quality.
Aluminum Power Battery Trays Market Trends:
Aluminum Power Battery Trays The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of Aluminum Power Battery Trays products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of Aluminum Power Battery Trays chemical and material products and the establishment Aluminum Power Battery Trays of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.
Detailed of Aluminum Power Battery Trays Market Segmentation: -
Our market analysts are experts in deeply segmenting the global Aluminum Power Battery Trays market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the global Aluminum Power Battery Trays market, taking into consideration the market potential of different segments studied. It assists market participants to focus on high-growth areas of the global Aluminum Power Battery Trays market and plan powerful business tactics to secure a position of strength in the industry.
Segmentation By Type :-
Stamping Process
Aluminum Profile Extrusion Process
Integrated Die-casting Process
Segmentation By Application : -
Pure Electric Vehicle High Energy Battery Pack
Hybrid Electric Vehicle Low Energy Battery Pack
Regional Insights -
The authors of the report have analyzed both developing and developed regions considered for the research and analysis of the global Aluminum Power Battery Trays market. The regional analysis section of the report provides an extensive research study on different regional and country-wise Aluminum Power Battery Trays markets to help players plan effective expansion strategies. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries. Players can use this study to explore untapped Aluminum Power Battery Trays markets to extend their reach and create sales opportunities.
United States
-Canada
-Mexico
-Brazil
APAC
-Japan
-South Korea
-China
-ASEAN
-India
EMEA
-Europe
-Middle East
-Africa
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Each chapter in the report delivers a wealth of information:
ᗒ Product Definitions, Types, and Volume/Revenue Analysis
ᗒ Manufacturer Competition Status
ᗒ Historical and Forecast Volume/Revenue Analysis
ᗒ Product Application Analysis
ᗒ Country-Level Analysis
ᗒ Manufacturer Profiles
ᗒ Industry Chain Insights
ᗒ Market Channel, Distributors, and Customers
ᗒ Conclusive Remarks
ᗒ Methodology and Data Sources
Key Features Of The Study:-
ᗒ This report provides in-depth analysis of the global Aluminum Power Battery Trays market, and provides market size (us$ million) and cagr for the forecast period (205-2031), considering 2023 as the base year.
ᗒ This report profiles key players in the global Aluminum Power Battery Trays market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Aluminum Power Battery Trays sales data, market share and ranking.
ᗒ This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
ᗒ This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
ᗒ The global Aluminum Power Battery Trays market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Important questions answered in the report includes of:
ᗒ How will the market for the Aluminum Power Battery Trays Market industry grow in 2025?
ᗒ Which well-known major companies will drive the market's growth?
ᗒ Which size of business held the biggest market share for data centre?
ᗒ What is the market's Compound Annual Growth Rate (CAGR) for the 2025-2031 forecast period?
ᗒ What is the primary factor driving the market's expansion?
ᗒ In the market, which region held the highest market share?
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About Us:
QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.
Contact Us:
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QY Research, INC.
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