Home
Energy & Power
Equipment & Devices
Welding Technologies for EV Li-Ion Batteries Market | 2030

Welding Technologies for EV Li-Ion Batteries Market

Name: Growth Market Reports
Address: 500 East E Street, Ontario, 91764, USA
Telephone: +1 909 414 1393

Segments - by Type (Ultrasonic, Laser, and Resistance Spot), Application (Cell Manufacturing, Module Assembly, and Pack Assembly), and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030

EP-5380
4.3 Rating
200 Pages

12-02-2023
66 Reviews

Author :

Aamir Ansari

Fact-checked by :

Vineet Pandey

Editor :

Swapnil Hedau

Report Description

Welding Technologies for EV Li-Ion Batteries Market Outlook

The global welding technologies for EV Li-Ion batteries market was valued at USD 480.7 Million in 2021 and is projected to reach USD 1,182.3 Million by 2030, expanding at a CAGR of 10.5 % during the forecast period.

In a battery pack, hundreds of welds are required to make the connections of several components ranging from the cells to the terminals. Tabs and terminals are not only connected to busbars and collector plates, but also are required to connect to current collectors inside the cells. The welding technologies are used to increase the battery efficiency.

There are different welding methods used to make all the necessary tab-to-terminal connections including foil-to-tab and tab-to-busbar. These methods include ultrasonic bonding, laser welding, resistance welding. The welding technologies used in batteries depends on the requirements, such as the combination of materials and the tab thickness.

Welding Technologies for EV Li-Ion Batteries Market Dynamics

Major Drivers

Increasing demand EV vehicles across globe

Lithium-ion batteries are currently used in most electric vehicles due to their high energy per unit mass compared to other electrical energy storage systems. This type of battery also has excellent high-temperature performance, a high power-to-weight ratio, energy efficiency, and minimal self-discharge.

According to a report published by Global Electric Vehicle Outlook 2021, sales of electric cars including fully electric and plug-in hybrids was doubled in 2021 to 6.6 million.Additionally, EV Sales continued to grow rapidly in 2022 despite supply chain challenges, with 2 million electric cars sold globally in the first quarter of 2022, up by 75% from the year 2021.

There were around 16.5 million electric vehicles on the road worldwide by the end of 2021, which was quadruple the number in 2018. For instance, the number of electric car sales in China, made up about half of the global total EV sales in 2021, which is nearly tripled to 3.3 million.

Rapid adoption of EV battery laser welding process

Rapid adoption of EV battery laser welding process is expected to boost the market during the forecast period. The cost, quality, safety, and consistency of the battery are directly impacted by the prudent choice of welding techniques and procedures used in the manufacturing of EV batteries. The production process for EV batteries makes extensive use of the battery laser welding technology which is a cutting-edge welding technique.

In order to set appropriate welding process parameters for EV power batteries, it is necessary to choose the right laser and welding parameters based on the battery material, thickness, shape, and tensile requirements. These considerations include welding speed, waveform, peak value, and welding head inclination angle.

Existing Restraint

Rising safety concern regarding Li-Ion batteries in EVs

Rising safety concern regarding Li-ion batteries in EVs is expected to harm the market growth in the coming years. The usage of organic liquid electrolytes, which are volatile and combustible when operating at high temperatures, is the primary problem of lithium-ion batteries in electric cars.

Additionally, chemical leakage can also be caused by an outside force, such as a collision. A typical lithium-ion battery has an energy density of 150 watt-hours per kilogram unlike lead acid batteries or NiMH battery packs, which have an energy density of 100 watt-hours per kilogram.

Furthermore, lead-acid batteries require 6 kilograms to store the same amount of energy that a 1-kilogram lithium-ion battery can. However, lithium-ion batteries are inherently flammable and particularly sensitive to high temperatures. Due to heat, these battery packs typically deteriorate much more quickly than they would otherwise.

A lithium-ion battery pack that malfunctions will catch fire and can cause extensive damage. When the heat generation rate exceeds the heat dissipation rate, the safety issues with LIB almost invariably emerge as a local temperature rise, on which the temperature distribution (TD) in the cell has a significant bearing. It is highly challenging to detect although the TD inside the cell is the most reliable indicator of whether the cell is entering dangerous areas.

Emerging Opportunity

Technological advancement in welding equipment

There are two main types of lasers used in LBW applied to battery cells such as fiber lasers and pulsed Neodymium-doped Yttrium Aluminum Garnet lasers. The initial peak force of the pulse is greater than the average force as the laser energy is stored in capacitors before being released in pulses. Compared to lasers that emit continuous waves, pulses’ high energy is better suited to reflecting metals.

Due to the brief pulse duration, pulsed lasers generate less heat overall than continuous wave lasers. Therefore, a pulsed laser is preferable to a continuous wave laser for heat-sensitive components such as battery cells.Both Neodymiumdoped Yttrium Aluminum Garnet lasers and fiber lasers can deliver energy continuously.

The key LBW parameters include laser power, welding speed, and pulse rate due to their impact on the weld quality, weld bead shape, and weld dimensions. The dimensions of the weld zone are influenced by both laser power and welding speed. The difference is that welding speed has an inverse correlation whereas laser power has a direct correlation. The initial laser welding parameters can be carefully optimized to increase the weld quality.

The technique that is most effective for producing tiny weld nuggets is LBW. The current is constrained when the size of the weld nugget is less than that of the current. Limiting the current causes an increase in resistance and heat production when the battery is being charged and discharged. This reduces the battery cell's ability to perform in the long term.

Scope of Welding Technologies for EV Li-Ion Batteries Market Report

The report on the global Welding Technologies for EV Li-Ion Batteries Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Welding Technologies for EV Li-Ion Batteries Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
Base Year	2021
Historic Data	2015-2020
Forecast Period	2022–2030
Segmentation	Type (Ultrasonic, Laser, and Resistance Spot), Application (Cell Manufacturing, Module Assembly, and Pack Assembly)
Regional Scope	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered	Emerson Electric Co., Hitachi High-Tech Corporation, Schunk Sonosystems GmbH, Telesonic AG, Manz AG, Hermann Ultrasound, Amada Weld Tech GmbH, Tech Sonic Inc., SIL, AOT Battery Technology Co. Ltd., CenterLine (Windsor) Limited, Nippon Avionics CO., LTD., Han's Laser Technology Industry Group Co., Ltd., Guangzhou Kepu Ultrasonic Electronics Co., Ltd., TRUMPF, SBT Ultrasonic Technology Co., Ltd.

Welding Technologies for EV Li-Ion Batteries Market Segment Insights

The global Welding Technologies for EV Li-Ion Batteries Market is segmented on the basis of type, application, and region.

In terms of Type, Welding Technologies for EV Li-Ion Batteries Market is segmented into Ultrasonic, Laser, and Resistance Spot. The ultrasonic segment is expected to dominate the market in 2021. Some of the benefits driving the ultrasonic segment during the forecast period include high welding precision and suitability for mass production.

On the basis of application, the Welding Technologies for EV Li-Ion Batteries market is segmented into Cell Manufacturing, Module Assembly, and Pack Assembly. The cell manufacturing segment is expected to hold a substantial share of the market during the forecast. The cell manufacturing segment is expected to benefit from rising demand for lithium-ion batteries from the automotive industry for electric vehicles.

Regional Analysis

Based on regions, the Welding Technologies for EV Li-Ion Batteries Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in the Asia Pacific is growing at a rapid pace during the forecast period, due to the presence of a large number of automotive manufacturers in countries such as China, Japan, South Korea, and India.

Key Benefits for Industry Participants & Stakeholders

In-depth Analysis of the global Welding Technologies for EV Li-Ion Batteries Market
Historical, Current, and Projected Market Size in terms of Value and Volume
Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
Industry Drivers, Restraints, and Opportunities Covered in the Study
Recent Industry Trends and Developments
Competitive Landscape & Strategies of Key Players
Neutral Perspective on Global Welding Technologies for EV Li-Ion Batteries Market

Segments

Type

Ultrasonic
Laser
Resistance Spot

Application

Cell Manufacturing
Module Assembly
Pack Assembly

Regions

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Key Players

Emerson Electric Co.
Hitachi High-Tech Corporation
Schunk Sonosystems GmbH
Telesonic AG
Manz AG
Hermann Ultrasound
Amada Weld Tech GmbH
Tech Sonic Inc.
SIL
AOT Battery Technology Co. Ltd.
CenterLine (Windsor) Limited
Nippon Avionics CO., LTD.
Han's Laser Technology Industry Group Co., Ltd.
Guangzhou Kepu Ultrasonic Electronics Co., Ltd.
TRUMPF
SBT Ultrasonic Technology Co., Ltd.

Competitive Landscape

Top players in the market include Emerson Electric Co., Hitachi High-Tech Corporation, Schunk Sonosystems GmbH, Telesonic AG, Manz AG, Hermann Ultrasound, Amada Weld Tech GmbH, Tech Sonic Inc., SIL, AOT Battery Technology Co. Ltd., CenterLine (Windsor) Limited, Nippon Avionics CO., LTD., Han's Laser Technology Industry Group Co., Ltd., Guangzhou Kepu Ultrasonic Electronics Co., Ltd., TRUMPF, SBT Ultrasonic Technology Co., Ltd.These companies are considered key manufacturers of Welding Technologies for EV Li-Ion Batteries based on their revenue, product offerings, regional presence, and supply chain management system. The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for Welding Technologies for EV Li-Ion Batteries Market.

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Welding Technologies for EV Li-Ion Batteries Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Welding Technologies for EV Li-Ion Batteries Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Welding Technologies for EV Li-Ion Batteries Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Welding Technologies for EV Li-Ion Batteries Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Welding Technologies for EV Li-Ion Batteries Market Size & Forecast, 2015-2030
      4.5.1 Welding Technologies for EV Li-Ion Batteries Market Size and Y-o-Y Growth
      4.5.2 Welding Technologies for EV Li-Ion Batteries Market Absolute $ Opportunity
Chapter 5 Global Welding Technologies for EV Li-Ion Batteries Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Welding Technologies for EV Li-Ion Batteries Market Size Forecast By Type
      5.2.1 Ultrasonic
      5.2.2 Laser
      5.2.3 Resistance Spot
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Welding Technologies for EV Li-Ion Batteries Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Welding Technologies for EV Li-Ion Batteries Market Size Forecast By Application
      6.2.1 Cell Manufacturing
      6.2.2 Module Assembly
      6.2.3 Pack Assembly
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Welding Technologies for EV Li-Ion Batteries Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Welding Technologies for EV Li-Ion Batteries Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Welding Technologies for EV Li-Ion Batteries Analysis and Forecast
   9.1 Introduction
   9.2 North America Welding Technologies for EV Li-Ion Batteries Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Welding Technologies for EV Li-Ion Batteries Market Size Forecast By Type
      9.6.1 Ultrasonic
      9.6.2 Laser
      9.6.3 Resistance Spot
   9.7 Basis Point Share (BPS) Analysis By Type
   9.8 Absolute $ Opportunity Assessment By Type
   9.9 Market Attractiveness Analysis By Type
   9.10 North America Welding Technologies for EV Li-Ion Batteries Market Size Forecast By Application
      9.10.1 Cell Manufacturing
      9.10.2 Module Assembly
      9.10.3 Pack Assembly
   9.11 Basis Point Share (BPS) Analysis By Application
   9.12 Absolute $ Opportunity Assessment By Application
   9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe Welding Technologies for EV Li-Ion Batteries Analysis and Forecast
   10.1 Introduction
   10.2 Europe Welding Technologies for EV Li-Ion Batteries Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Welding Technologies for EV Li-Ion Batteries Market Size Forecast By Type
      10.6.1 Ultrasonic
      10.6.2 Laser
      10.6.3 Resistance Spot
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 Europe Welding Technologies for EV Li-Ion Batteries Market Size Forecast By Application
      10.10.1 Cell Manufacturing
      10.10.2 Module Assembly
      10.10.3 Pack Assembly
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific Welding Technologies for EV Li-Ion Batteries Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Welding Technologies for EV Li-Ion Batteries Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Welding Technologies for EV Li-Ion Batteries Market Size Forecast By Type
      11.6.1 Ultrasonic
      11.6.2 Laser
      11.6.3 Resistance Spot
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Asia Pacific Welding Technologies for EV Li-Ion Batteries Market Size Forecast By Application
      11.10.1 Cell Manufacturing
      11.10.2 Module Assembly
      11.10.3 Pack Assembly
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America Welding Technologies for EV Li-Ion Batteries Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Welding Technologies for EV Li-Ion Batteries Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Welding Technologies for EV Li-Ion Batteries Market Size Forecast By Type
      12.6.1 Ultrasonic
      12.6.2 Laser
      12.6.3 Resistance Spot
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Latin America Welding Technologies for EV Li-Ion Batteries Market Size Forecast By Application
      12.10.1 Cell Manufacturing
      12.10.2 Module Assembly
      12.10.3 Pack Assembly
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) Welding Technologies for EV Li-Ion Batteries Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Welding Technologies for EV Li-Ion Batteries Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Welding Technologies for EV Li-Ion Batteries Market Size Forecast By Type
      13.6.1 Ultrasonic
      13.6.2 Laser
      13.6.3 Resistance Spot
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Middle East & Africa (MEA) Welding Technologies for EV Li-Ion Batteries Market Size Forecast By Application
      13.10.1 Cell Manufacturing
      13.10.2 Module Assembly
      13.10.3 Pack Assembly
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
   14.1 Welding Technologies for EV Li-Ion Batteries Market: Competitive Dashboard
   14.2 Global Welding Technologies for EV Li-Ion Batteries Market: Market Share Analysis, 2022
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 Emerson Electric Co.
      14.3.2 Hitachi High-Tech Corporation
      14.3.3 Schunk Sonosystems GmbH
      14.3.4 Telesonic AG
      14.3.5 Manz AG
      14.3.6 Hermann Ultrasound
      14.3.7 Amada Weld Tech GmbH
      14.3.8 Tech Sonic Inc.
      14.3.9 SIL
         14.3.10 AOT Battery Technology Co. Ltd.
      14.3.11 CenterLine (Windsor) Limited
      14.3.12 Nippon Avionics CO., LTD.
      14.3.13 Han's Laser Technology Industry Group Co., Ltd.
      14.3.14 Guangzhou Kepu Ultrasonic Electronics Co., Ltd.
      14.3.15 TRUMPF
      14.3.16 SBT Ultrasonic Technology Co., Ltd.

Methodology

Purchase Premium Report

Buy Now

Request For Sample

Request For Customization

Enquiry Before Buying

Speak With Analyst

Customize This Report

Ask for Research To Be Focused On Specific Regions or Segments
Receive Data As Per Your Format and Definition
Companies Profiled based on Your Requirements
Breaking Down Competitive Landscape as per Your Requirements
Any Level of Customization

Our Clients

Client Testinomials

We needed a highly accurate and precise report, which Growth Market Reports delivered promptly. The company compiled information from a wide array of reliable agencies and sourcess.It is extremely satisfactory to be working with you.
Strategy Head of Major Tech Company

We were very pleased to contact Growth Market Reports as they tailored reports precisely as per our requirements. As we are dealing with the aerospace and defense industry, we need reports of high accuracy and substantial quality.
Major Player in Defense Industry

Extremely delighted to have a well-crafted report on “Global Packaging Solutions Market Research Report” from your team. Thank you for providing me with all our requirements and for incorporating our suggestions.
CMO of Leading Packaging Company from USA

I had a good experience working with Growth Market Reports as they were very open to all constructive changes in the report. I found that the report had its charm embedded with ample of data.
Founder and Managing Partner of Major Korean Company

Our company has been working with Growth Market Reports for some years now and we are very happy with the quality of the reports provided by the company.I, on behalf of my organization, would like to thank you for offering professional reports.
Global Consulting Firm

Quick Contact

+1 909 414 1393

sales@growthmarketreports.com

Growth Market Report

Certified By

FAQ Section

Some frequently asked questions about this report!

1. Can I ask for different company profiles?

Additional company profiles can be provided on request. For a discussion related to above findings, click Speak to Analyst.

2. What are the criteria used for selecting a company profile?

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

3. What are the factors driving the growth of the Welding Technologies for EV Li-Ion Batteries Market?

Global demand for electric vehicles is increasing, and rapid EV battery laser welding process adoption are expected to drive the market growth during the forecast period.

4. How big will be the Welding Technologies for EV Li-Ion Batteries Market in 2030?

According to the Growth Market Reports, the global Welding Technologies for EV Li-Ion Batteries Market is likely to register a CAGR of 10.5% during the forecast period 2022-2030, with an anticipated valuation of USD 1,182.3 million by the end of 2030.

5. What are the major types of Welding Technologies for EV Li-Ion Batteries driving the market growth?

The major types of Welding Technologies for EV Li-Ion Batteries are ultrasonic, laser, and resistance spot.

6. Which macroeconomic factors affect the market?

Factors such as GDP, urbanization, and technological advancements are analyzed in the final report.

7. Who are the major players operating in the market?

Major Manufacturers are Emerson Electric Co., Hitachi High-Tech Corporation, Schunk Sonosystems GmbH, Telesonic AG, Manz AG, Hermann Ultrasound, Amada Weld Tech GmbH, Tech Sonic Inc., SIL, AOT Battery Technology Co. Ltd., CenterLine (Windsor) Limited, Nippon Avionics CO., LTD., Han's Laser Technology Industry Group Co., Ltd., Guangzhou Kepu Ultrasonic Electronics Co., Ltd., TRUMPF, SBT Ultrasonic Technology Co., Ltd.

8. What is the impact of COVID-19 on the overall market during the year 2019 -2020?

The market is expected to witness a significant decrease in growth between 2019 and 2020 owing to the COVID 19 pandemic in the Welding Technologies for EV Li-Ion Batteries Market.

9. What additional data analysis is available in report?

In addition to market size (in US$ Million), company market share (in % for the base year 2021) is provided.

10. Which is the base year calculated in the global Welding Technologies for EV Li-Ion Batteries Market report and what is the analysis period?

The base year considered for the global Welding Technologies for EV Li-Ion Batteries Market report is 2021. The complete analysis period is 2015 to 2030, wherein, 2015 to 2020 are the historic years, and the forecast is provided from 2022 to 2030.