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Batteries Global Market Report 2024

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    Report

  • 300 Pages
  • November 2023
  • Region: Global
  • The Business Research Company
  • ID: 5781037
The batteries market size has grown strongly in recent years. It will grow from $103.98 billion in 2023 to $113.81 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to factors such as the increasing adoption of portable electronics, the rise of electric vehicles (EVs), integration of renewable energy sources, consumer electronics, and the development of energy storage systems.

The batteries market size is expected to see strong growth in the next few years. It will grow to $161.22 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to factors such as the ongoing energy transition, trends in miniaturization and the Internet of Things (IoT), increased investments in research and development, and upgrades in electric grid infrastructure. Major trends in the forecast period include the electrification and lightweighting of devices, advancements in materials and additive manufacturing, the increasing importance of digitalization and connectivity, and a growing emphasis on collaboration and partnerships in the industry.

The batteries market is expected to experience growth driven by the increasing demand for electric vehicles. Electric vehicles (EVs) rely on electricity as their primary source of propulsion, with batteries supplying the necessary energy for propulsion, regenerative braking, and powering auxiliary systems. For example, in May 2022, data from the International Energy Agency, an intergovernmental organization based in France, revealed a significant increase in electric vehicle sales, reaching 6.6 million units in 2021 compared to the previous year. This surge in electric vehicle demand is a key driver for the batteries market's growth.

The primary types of batteries are secondary batteries and primary batteries. Secondary batteries are a batch system in which the active materials are the electrodes. These electrodes are consumed by the reaction during discharge and regenerate during the charging process. This reaction continues until the active material is depleted. The equipment can be operated through both online and offline modes. Various sales channels, including original equipment manufacturers (OEM) and aftermarket, are used for automotive batteries, industrial batteries, portable batteries, power tool batteries, starting, lighting, and ignition batteries (SLI batteries), and other applications.

The batteries market research report is one of a series of new reports that provides batteries market statistics, including batteries industry global market size, regional shares, competitors with a batteries market share, detailed batteries market segments, market trends, and opportunities, and any further data you may need to thrive in the batteries industry. This batteries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Flow batteries are becoming increasingly popular due to their unique advantages over traditional lithium-ion batteries, including their lower energy density. Flow batteries are a type of rechargeable battery that stores chemical energy in two liquid components contained within a system. This design enables them to achieve higher maximum voltage levels and provides substantial storage capacity for renewable energy. Flow batteries offer the significant advantage of supplying power to large electric grid networks by storing a larger amount of energy compared to conventional batteries. Key companies involved in the manufacturing of flow batteries include Sumitomo Electric Industries, UniEnergy Technologies, Dalian Rongke Power, and Gildemeister.

Major companies in the batteries market are committed to developing innovative products, particularly focusing on electric vehicle (EV) batteries, to ensure the delivery of reliable services to their customers. EV batteries are rechargeable energy storage devices specifically designed to power the electric motors of electric vehicles (EVs). An example of this innovation can be seen in Volkswagen, a German-based company well-known for manufacturing batteries for electric vehicles, which introduced the Astroinno, a new EV battery in May 2023. The Astroinno battery boasts an impressive 1000 km range, exceeding the typical lithium-iron-phosphate (LFP) batteries in terms of energy density while remaining cost-effective compared to nickel and cobalt-based batteries. With this new battery, EVs equipped with a 140 kWh battery pack can achieve a remarkable driving range of more than 1,000 km.

Major companies operating in the batteries market include Samsung SDI Co. Ltd., LG Chem Ltd., BYD Electronic Company Limited, TDK Corporation, Panasonic Corporation, Chaowei Power Holdings Ltd., GS Yuasa Corporation, SK Inc., Berkshire Hathaway Inc., China Aviation Lithium Battery Co. Ltd., Hefei Guoxuan High-Tech Power Energy Co. Ltd., Sunwoda Electronic Co. Ltd., Farasis Energy Inc., E-One Moli Energy Corp., EVE Energy Co. Ltd., Hitachi Chemical Co. Ltd., Johnson Controls International PLC, Kokam Co. Ltd., Tianjin Lishen Battery Co. Ltd., Murata Manufacturing Co. Ltd., Dongguan Boliwei Battery Co. Ltd., Northvolt AB, Saft Groupe SA, OptimumNano Energy Co. Ltd., Tesla Inc., A123 Systems LLC, Toshiba Corporation, VARTA AG, Wanxiang Group Corporation, Winston Global Energy Limited, Zhejiang Narada Power Source Co. Ltd., Exide Industries Limited, Amara Raja Batteries Limited.

Asia-Pacific was the largest region in the batteries market in 2023. Western Europe was the second largest region in the batteries market. The regions covered in the batteries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the batteries market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The batteries market consists of sales of lead acid batteries, lithium-ion (Li-Ion) batteries, nickel-cadmium (Ni-cd), nickel metal hydride batteries, alkaline primary batteries, lithium primary batteries, and other batteries. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Batteries Market Characteristics
3. Batteries Product/Service Analysis -Product/Service Examples
3.1. Batteries Supply Chain Analysis
3.1.1. Batteries Resources
3.1.2. Batteries Manufacturers
3.1.3. Batteries Distributors and Retailers
3.1.4. Batteries End Users
3.2. Batteries Customer Information
4. Batteries Market Trends And Strategies
5. Batteries Market - Macro Economic Scenario
5.1. Impact Of High Inflation On The Market
5.2. Ukraine-Russia War Impact On The Market
5.3. COVID-19 Impact On The Market
6. Global Batteries Market Size and Growth
6.1. Global Batteries Market Drivers and Restraints
6.1.1. Drivers Of The Market
6.1.2. Restraints Of The Market
6.2. Global Batteries Historic Market Size and Growth, 2018 2023, Value ($ Billion)
6.3. Global Batteries Forecast Market Size and Growth, 2023 2028, 2033F, Value ($ Billion)
7. Batteries Market Segmentation
7.1. Global Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Secondary Batteries
  • Primary Batteries
7.2. Global Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Online
  • Offline
7.3. Global Batteries Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Original Equipment Manufacturer (OEM)
  • Aftermarket
7.4. Global Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Automotive Batteries
  • Industrial Batteries
  • Portable Batteries
  • Power Tools Batteries
  • SLI Batteries
  • Other Applications
8. Batteries Market Regional And Country Analysis
8.1. Global Batteries Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.2. Global Batteries Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. Asia-Pacific Batteries Market
9.1. Asia-Pacific Batteries Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
9.2. Asia-Pacific Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9.3. Asia-Pacific Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9.4. Asia-Pacific Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10. China Batteries Market
10.1. China Batteries Market Overview
10.2. China Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10.3. China Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10.4. China Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
11. India Batteries Market
11.1. India Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. India Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. India Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Japan Batteries Market
12.1. Japan Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Japan Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Japan Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Australia Batteries Market
13.1. Australia Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Australia Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Australia Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. Indonesia Batteries Market
14.1. Indonesia Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. Indonesia Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. Indonesia Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. South Korea Batteries Market
15.1. South Korea Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.2. South Korea Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. South Korea Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. Bangladesh Batteries Market
16.1. Bangladesh, Batteries Historic Market, 2018 2023, $ Billion
16.2. Bangladesh, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
17. Thailand Batteries Market
17.1. Thailand, Batteries Historic Market, 2018 2023, $ Billion
17.2. Thailand, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
18. Vietnam Batteries Market
18.1. Vietnam, Batteries Historic Market, 2018 2023, $ Billion
18.2. Vietnam, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
19. Malaysia Batteries Market
19.1. Malaysia, Batteries Historic Market, 2018 2023, $ Billion
19.2. Malaysia, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
20. Singapore Batteries Market
20.1. Singapore, Batteries Historic Market, 2018 2023, $ Billion
20.2. Singapore, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
21. Philippines Batteries Market
21.1. Philippines, Batteries Historic Market, 2018 2023, $ Billion
21.2. Philippines, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
22. Hong kong Batteries Market
22.1. Hong Kong, Batteries Historic Market, 2018 2023, $ Billion
22.2. Hong Kong, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
23. New Zealand Batteries Market
23.1. New Zealand, Batteries Historic Market, 2018 2023, $ Billion
23.2. New Zealand, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
24. Western Europe Batteries Market
24.1. Western Europe Batteries Market Overview
24.2. Western Europe Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. Western Europe Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. Western Europe Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. UK Batteries Market
25.1. UK Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.2. UK Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. UK Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. Germany Batteries Market
26.1. Germany Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.2. Germany Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. Germany Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. France Batteries Market
27.5. France Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.6. France Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.7. France Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Italy Batteries Market
28.9. Italy Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.10. Italy Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.11. Italy Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Spain Batteries Market
29.13. Spain Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.14. Spain Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.15. Spain Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Austria Batteries Market
30.1. Austria, Batteries Historic Market, 2018 2023, $ Billion
30.2. Austria, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
31. Belgium Batteries Market
31.1. Belgium, Batteries Historic Market, 2018 2023, $ Billion
31.2. Belgium, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
32. Denmark Batteries Market
32.1. Denmark, Batteries Historic Market, 2018 2023, $ Billion
32.2. Denmark, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
33. Finland Batteries Market
33.1. FInland, Batteries Historic Market, 2018 2023, $ Billion
33.2. Finland, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
34. Ireland Batteries Market
34.1. Ireland, Batteries Historic Market, 2018 2023, $ Billion
34.2. Ireland, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
35. Netherlands Batteries Market
35.1. Netherlands, Batteries Historic Market, 2018 2023, $ Billion
35.2. Netherlands, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
36. Norway Batteries Market
36.1. Norway, Batteries Historic Market, 2018 2023, $ Billion
36.2. Norway, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
37. Portugal Batteries Market
37.1. Portugal, Batteries Historic Market, 2018 2023, $ Billion
37.2. Portugal, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
38. Sweden Batteries Market
38.1. Sweden, Batteries Historic Market, 2018 2023, $ Billion
38.2. Sweden, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
39. Switzerland Batteries Market
39.1. Switzerland, Batteries Historic Market, 2018 2023, $ Billion
39.2. Switzerland, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
40. Eastern Europe Batteries Market
40.1. Eastern Europe Batteries Market Overview
40.2. Eastern Europe Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
40.3. Eastern Europe Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
40.4. Eastern Europe Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41. Russia Batteries Market
41.1. Russia Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41.2. Russia Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41.3. Russia Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
42. Czech Republic Batteries Market
42.1. Czech Republic, Batteries Historic Market, 2018 2023, $ Billion
42.2. Czech Republic, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
43. Poland Batteries Market
43.1. Poland, Batteries Historic Market, 2018 2023, $ Billion
43.2. Poland, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
44. Romania Batteries Market
44.1. Romania, Batteries Historic Market, 2018 2023, $ Billion
44.2. Romania, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
45. Ukraine Batteries Market
45.1. Ukraine, Batteries Historic Market, 2018 2023, $ Billion
45.2. Ukraine, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
46. North America Batteries Market
46.1. North America Batteries Market Overview
46.2. North America Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
46.3. North America Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
46.4. North America Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47. USA Batteries Market
47.1. USA Batteries Market Overview
47.2. USA Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47.3. USA Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47.4. USA Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48. Canada Batteries Market
48.1. Canada Batteries Market Overview
48.2. Canada Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48.3. Canada Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48.4. Canada Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
49. Mexico Batteries Market
49.1. Mexico, Batteries Historic Market, 2018 2023, $ Billion
49.2. Mexico, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
50. South America Batteries Market
50.1. South America Batteries Market Overview
50.2. South America Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
50.3. South America Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
50.4. South America Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51. Brazil Batteries Market
51.1. Brazil Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51.2. Brazil Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51.3. Brazil Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
52. Chile Batteries Market
52.1. Chile, Batteries Historic Market, 2018 2023, $ Billion
52.2. Chile, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
53. Argentina Batteries Market
53.1. Argentina, Batteries Historic Market, 2018 2023, $ Billion
53.2. Argentina, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
54. Colombia Batteries Market
54.1. Colombia, Batteries Historic Market, 2018 2023, $ Billion
54.2. Colombia, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
55. Peru Batteries Market
55.1. Peru, Batteries Historic Market, 2018 2023, $ Billion
55.2. Peru, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
56. Middle East Batteries Market
56.1. Middle East Batteries Market Overview
56.2. Middle East Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
56.3. Middle East Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
56.4. Middle East Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
57. Saudi Arabia Batteries Market
57.1. Saudi Arabia, Batteries Historic Market, 2018 2023, $ Billion
57.2. Saudi Arabia, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
58. Israel Batteries Market
58.1. Israel, Batteries Historic Market, 2018 2023, $ Billion
58.2. Israel, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
59. Iran Batteries Market
59.1. Iran, Batteries Historic Market, 2018 2023, $ Billion
59.2. Iran, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
60. Turkey Batteries Market
60.1. Turkey, Batteries Historic Market, 2018 2023, $ Billion
60.2. Turkey, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
61. United Arab Emirates Batteries Market
61.1. United Arab Emirates, Batteries Historic Market, 2018 2023, $ Billion
61.2. United Arab Emirates, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
62. Africa Batteries Market
62.1. Africa Batteries Market Overview
62.2. Africa Batteries Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
62.3. Africa Batteries Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
62.4. Africa Batteries Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
63. Egypt Batteries Market
63.1. Egypt, Batteries Historic Market, 2018 2023, $ Billion
63.2. Egypt, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
64. Nigeria Batteries Market
64.1. Nigeria, Batteries Historic Market, 2018 2023, $ Billion
64.2. Nigeria, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
65. South Africa Batteries Market
65.1. South Africa, Batteries Historic Market, 2018 2023, $ Billion
65.2. South Africa, Batteries Forecast Market, 2023-2028, 2033F, $ Billion
66. Batteries Market Competitive Landscape And Company Profiles
66.1. Batteries Market Competitive Landscape
66.2. Batteries Market Company Profiles
66.2.1. Samsung SDI Co. Ltd.
66.2.1.1. Overview
66.2.1.2. Products and Services
66.2.1.3. Strategy
66.2.1.4. Financial Performance
66.2.2. LG Chem Ltd.
66.2.2.1. Overview
66.2.2.2. Products and Services
66.2.2.3. Strategy
66.2.2.4. Financial Performance
66.2.3. BYD Electronic Company Limited
66.2.3.1. Overview
66.2.3.2. Products and Services
66.2.3.3. Strategy
66.2.3.4. Financial Performance
66.2.4. TDK Corporation
66.2.4.1. Overview
66.2.4.2. Products and Services
66.2.4.3. Strategy
66.2.4.4. Financial Performance
66.2.5. Panasonic Corporation
66.2.5.1. Overview
66.2.5.2. Products and Services
66.2.5.3. Strategy
66.2.5.4. Financial Performance
68. Global Batteries Market Competitive Benchmarking69. Global Batteries Market Competitive Dashboard70. Key Mergers And Acquisitions In The Batteries Market
71. Batteries Market Future Outlook and Potential Analysis
71.1 Batteries Market In 2028 - Countries Offering Most New Opportunities
71.2 Batteries Market In 2028 - Segments Offering Most New Opportunities
71.3 Batteries Market In 2028 - Growth Strategies
71.3.1 Market Trend Based Strategies
71.3.2 Competitor Strategies
72. Appendix
72.1. Abbreviations
72.2. Currencies
72.3. Historic And Forecast Inflation Rates
72.4. Research Inquiries
72.5. The Business Research Company
72.6. Copyright And Disclaimer

Executive Summary

Batteries Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on batteries market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • All data from the report will also be delivered in an excel dashboard format.

Description:

Where is the largest and fastest growing market for batteries? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

  • Markets Covered: 1) By Type: Secondary Batteries; Primary Batteries; 2) By Mode: Online; Offline; 3) By Sales Channel: OEM; Aftermarket
4) By Application: Automotive Batteries; Industrial Batteries; Portable Batteries; Power Tools Batteries; SLI Batteries; Other Applications
  • Subsegments Covered: Lead Acid; Lithium-Ion (Li-Ion); Nickel-Cadmium (Ni-Cd); Nickel Metal Hydride; Other Secondary Batteries; Alkaline Primary Batteries; Lithium Primary Batteries; Other Primary Batteries
  • Companies Mentioned: Samsung SDI Co. Ltd.; LG Chem Ltd.; BYD Electronic Company Limited; TDK Corporation; Panasonic Corporation
  • Countries: Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: Country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
  • Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Samsung SDI Co. Ltd.
  • LG Chem Ltd.
  • BYD Electronic Company Limited
  • TDK Corporation
  • Panasonic Corporation
  • Chaowei Power Holdings Ltd.
  • GS Yuasa Corporation
  • SK Inc.
  • Berkshire Hathaway Inc.
  • China Aviation Lithium Battery Co. Ltd.
  • Hefei Guoxuan High-Tech Power Energy Co. Ltd.
  • Sunwoda Electronic Co. Ltd.
  • Farasis Energy Inc.
  • E-One Moli Energy Corp.
  • EVE Energy Co. Ltd.
  • Hitachi Chemical Co. Ltd.
  • Johnson Controls International plc
  • Kokam Co. Ltd.
  • Tianjin Lishen Battery Co. Ltd.
  • Murata Manufacturing Co. Ltd.
  • Dongguan Boliwei Battery Co. Ltd.
  • Northvolt AB
  • Saft Groupe SA
  • OptimumNano Energy Co. Ltd.
  • Tesla Inc.
  • A123 Systems LLC
  • Toshiba Corporation
  • VARTA AG
  • Wanxiang Group Corporation
  • Winston Global Energy Limited
  • Zhejiang Narada Power Source Co. Ltd.
  • Exide Industries Limited
  • Amara Raja Batteries Limited

Methodology

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