+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Battery Market in Africa 2024-2028

  • PDF Icon

    Report

  • 139 Pages
  • December 2024
  • Region: Africa
  • TechNavio
  • ID: 5550374
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The battery market in africa is forecasted to grow by USD 1.46 billion during 2023-2028, accelerating at a CAGR of 13.9% during the forecast period. The report on the battery market in africa provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by shift of automotive industry toward ev, rising demand for smart devices, and increasing inclusion of renewables in energy mix.

The battery market in africa is segmented as below:

By Application

  • Stationary
  • Mobile

By Geographical Landscape

  • Africa
This study identifies the growing number of microgrid installations as one of the prime reasons driving the battery market in africa growth during the next few years. Also, advancements in battery technology and integration of 3d printing technology will lead to sizable demand in the market.

The report on the battery market in africa covers the following areas:

  • Battery Market in Africa sizing
  • Battery Market in Africa forecast
  • Battery Market in Africa industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading battery market in africa vendors that include Amara Raja Batteries Ltd., EnerSys, Eveready Pty Ltd., Exide Industries Ltd., First National Battery, Forgo Battery Co Ltd., Franerix Solutions Ltd., GS Yuasa International Ltd., Johnson Controls International Plc, Lithium Werks, Panasonic Holdings Corp., Pelton Batteries, Power Technology Inc., Robert Bosch GmbH, Shenzhen A and S Power Technology Co. Ltd., The Ibeto Group, Toshiba Corp., Trojan Battery Co. LLC, and Willard Batteries. Also, the battery market in africa analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value Chain Analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
Chart on Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Chart on Africa: Year-over-year growth 2023-2028 (%)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
5 Historic Market Size
5.1 Battery Market in Africa 2018 - 2022
Historic Market Size - Data Table on Battery Market in Africa 2018 - 2022 ($ million)
5.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
5.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
6.1 The AI impact on Battery Market in Africa
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
7.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Application
8.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
8.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
8.3 Stationary - Market size and forecast 2023-2028
Chart on Stationary - Market size and forecast 2023-2028 ($ million)
Data Table on Stationary - Market size and forecast 2023-2028 ($ million)
Chart on Stationary - Year-over-year growth 2023-2028 (%)
Data Table on Stationary - Year-over-year growth 2023-2028 (%)
8.4 Mobile - Market size and forecast 2023-2028
Chart on Mobile - Market size and forecast 2023-2028 ($ million)
Data Table on Mobile - Market size and forecast 2023-2028 ($ million)
Chart on Mobile - Year-over-year growth 2023-2028 (%)
Data Table on Mobile - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
9 Customer Landscape
9.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Geographic Landscape
10.1 Geographic segmentation
Chart on Market share By Geographical Landscape - 2023-2028 (%)
Data Table on Market share By Geographical Landscape - 2023-2028 (%)
10.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
10.3 Nigeria - Market size and forecast 2023-2028
Chart on Nigeria - Market size and forecast 2023-2028 ($ million)
Data Table on Nigeria - Market size and forecast 2023-2028 ($ million)
Chart on Nigeria - Year-over-year growth 2023-2028 (%)
Data Table on Nigeria - Year-over-year growth 2023-2028 (%)
10.4 South Africa - Market size and forecast 2023-2028
Chart on South Africa - Market size and forecast 2023-2028 ($ million)
Data Table on South Africa - Market size and forecast 2023-2028 ($ million)
Chart on South Africa - Year-over-year growth 2023-2028 (%)
Data Table on South Africa - Year-over-year growth 2023-2028 (%)
10.5 Egypt - Market size and forecast 2023-2028
Chart on Egypt - Market size and forecast 2023-2028 ($ million)
Data Table on Egypt - Market size and forecast 2023-2028 ($ million)
Chart on Egypt - Year-over-year growth 2023-2028 (%)
Data Table on Egypt - Year-over-year growth 2023-2028 (%)
10.6 Rest of Africa - Market size and forecast 2023-2028
Chart on Rest of Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Rest of Africa - Market size and forecast 2023-2028 ($ million)
Chart on Rest of Africa - Year-over-year growth 2023-2028 (%)
Data Table on Rest of Africa - Year-over-year growth 2023-2028 (%)
10.7 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Table on Market opportunity By Geographical Landscape ($ million)
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 EnerSys
EnerSys - Overview
EnerSys - Business segments
EnerSys - Key news
EnerSys - Key offerings
EnerSys - Segment focus
SWOT
13.5 Exide Industries Ltd.
Exide Industries Ltd. - Overview
Exide Industries Ltd. - Product / Service
Exide Industries Ltd. - Key news
Exide Industries Ltd. - Key offerings
SWOT
13.6 Forgo Battery Co Ltd.
Forgo Battery Co Ltd. - Overview
Forgo Battery Co Ltd. - Product / Service
Forgo Battery Co Ltd. - Key offerings
SWOT
13.7 Franerix Solutions Ltd.
Franerix Solutions Ltd. - Overview
Franerix Solutions Ltd. - Product / Service
Franerix Solutions Ltd. - Key offerings
SWOT
13.8 GS Yuasa International Ltd.
GS Yuasa International Ltd. - Overview
GS Yuasa International Ltd. - Business segments
GS Yuasa International Ltd. - Key news
GS Yuasa International Ltd. - Key offerings
GS Yuasa International Ltd. - Segment focus
SWOT
13.9 Johnson Controls International Plc
Johnson Controls International Plc - Overview
Johnson Controls International Plc - Business segments
Johnson Controls International Plc - Key news
Johnson Controls International Plc - Key offerings
Johnson Controls International Plc - Segment focus
SWOT
13.10 Panasonic Holdings Corp.
Panasonic Holdings Corp. - Overview
Panasonic Holdings Corp. - Business segments
Panasonic Holdings Corp. - Key news
Panasonic Holdings Corp. - Key offerings
Panasonic Holdings Corp. - Segment focus
SWOT
13.11 Robert Bosch GmbH
Robert Bosch GmbH - Overview
Robert Bosch GmbH - Product / Service
Robert Bosch GmbH - Key news
Robert Bosch GmbH - Key offerings
SWOT
13.12 The Ibeto Group
The Ibeto Group - Overview
The Ibeto Group - Product / Service
The Ibeto Group - Key offerings
SWOT
13.13 Toshiba Corp.
Toshiba Corp. - Overview
Toshiba Corp. - Business segments
Toshiba Corp. - Key news
Toshiba Corp. - Key offerings
Toshiba Corp. - Segment focus
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 10: Overview on criticality of inputs and factors of differentiation
Exhibits 11: Overview on factors of disruption
Exhibits 12: Impact of drivers and challenges in 2023 and 2028
Exhibits 13: Parent Market
Exhibits 14: Data Table on - Parent Market
Exhibits 15: Market characteristics analysis
Exhibits 16: Value Chain Analysis
Exhibits 17: Offerings of companies included in the market definition
Exhibits 18: Market segments
Exhibits 19: Chart on Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 20: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 21: Chart on Africa: Year-over-year growth 2023-2028 (%)
Exhibits 22: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 23: Historic Market Size - Data Table on Battery Market in Africa 2018 - 2022 ($ million)
Exhibits 24: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 25: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 26: Five forces analysis - Comparison between 2023 and 2028
Exhibits 27: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 28: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 31: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 32: Chart on Market condition - Five forces 2023 and 2028
Exhibits 33: Chart on Application - Market share 2023-2028 (%)
Exhibits 34: Data Table on Application - Market share 2023-2028 (%)
Exhibits 35: Chart on Comparison by Application
Exhibits 36: Data Table on Comparison by Application
Exhibits 37: Chart on Stationary - Market size and forecast 2023-2028 ($ million)
Exhibits 38: Data Table on Stationary - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Chart on Stationary - Year-over-year growth 2023-2028 (%)
Exhibits 40: Data Table on Stationary - Year-over-year growth 2023-2028 (%)
Exhibits 41: Chart on Mobile - Market size and forecast 2023-2028 ($ million)
Exhibits 42: Data Table on Mobile - Market size and forecast 2023-2028 ($ million)
Exhibits 43: Chart on Mobile - Year-over-year growth 2023-2028 (%)
Exhibits 44: Data Table on Mobile - Year-over-year growth 2023-2028 (%)
Exhibits 45: Market opportunity by Application ($ million)
Exhibits 46: Data Table on Market opportunity by Application ($ million)
Exhibits 47: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 48: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 49: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 50: Chart on Geographic comparison
Exhibits 51: Data Table on Geographic comparison
Exhibits 52: Chart on Nigeria - Market size and forecast 2023-2028 ($ million)
Exhibits 53: Data Table on Nigeria - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Chart on Nigeria - Year-over-year growth 2023-2028 (%)
Exhibits 55: Data Table on Nigeria - Year-over-year growth 2023-2028 (%)
Exhibits 56: Chart on South Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 57: Data Table on South Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Chart on South Africa - Year-over-year growth 2023-2028 (%)
Exhibits 59: Data Table on South Africa - Year-over-year growth 2023-2028 (%)
Exhibits 60: Chart on Egypt - Market size and forecast 2023-2028 ($ million)
Exhibits 61: Data Table on Egypt - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Chart on Egypt - Year-over-year growth 2023-2028 (%)
Exhibits 63: Data Table on Egypt - Year-over-year growth 2023-2028 (%)
Exhibits 64: Chart on Rest of Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 65: Data Table on Rest of Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Chart on Rest of Africa - Year-over-year growth 2023-2028 (%)
Exhibits 67: Data Table on Rest of Africa - Year-over-year growth 2023-2028 (%)
Exhibits 68: Market opportunity By Geographical Landscape ($ million)
Exhibits 69: Data Table on Market opportunity By Geographical Landscape ($ million)
Exhibits 70: Impact of drivers and challenges in 2023 and 2028
Exhibits 71: Overview on criticality of inputs and factors of differentiation
Exhibits 72: Overview on factors of disruption
Exhibits 73: Impact of key risks on business
Exhibits 74: Companies covered
Exhibits 75: Company ranking index
Exhibits 76: Matrix on companies position and classification
Exhibits 77: EnerSys - Overview
Exhibits 78: EnerSys - Business segments
Exhibits 79: EnerSys - Key news
Exhibits 80: EnerSys - Key offerings
Exhibits 81: EnerSys - Segment focus
Exhibits 82: SWOT
Exhibits 83: Exide Industries Ltd. - Overview
Exhibits 84: Exide Industries Ltd. - Product / Service
Exhibits 85: Exide Industries Ltd. - Key news
Exhibits 86: Exide Industries Ltd. - Key offerings
Exhibits 87: SWOT
Exhibits 88: Forgo Battery Co Ltd. - Overview
Exhibits 89: Forgo Battery Co Ltd. - Product / Service
Exhibits 90: Forgo Battery Co Ltd. - Key offerings
Exhibits 91: SWOT
Exhibits 92: Franerix Solutions Ltd. - Overview
Exhibits 93: Franerix Solutions Ltd. - Product / Service
Exhibits 94: Franerix Solutions Ltd. - Key offerings
Exhibits 95: SWOT
Exhibits 96: GS Yuasa International Ltd. - Overview
Exhibits 97: GS Yuasa International Ltd. - Business segments
Exhibits 98: GS Yuasa International Ltd. - Key news
Exhibits 99: GS Yuasa International Ltd. - Key offerings
Exhibits 100: GS Yuasa International Ltd. - Segment focus
Exhibits 101: SWOT
Exhibits 102: Johnson Controls International Plc - Overview
Exhibits 103: Johnson Controls International Plc - Business segments
Exhibits 104: Johnson Controls International Plc - Key news
Exhibits 105: Johnson Controls International Plc - Key offerings
Exhibits 106: Johnson Controls International Plc - Segment focus
Exhibits 107: SWOT
Exhibits 108: Panasonic Holdings Corp. - Overview
Exhibits 109: Panasonic Holdings Corp. - Business segments
Exhibits 110: Panasonic Holdings Corp. - Key news
Exhibits 111: Panasonic Holdings Corp. - Key offerings
Exhibits 112: Panasonic Holdings Corp. - Segment focus
Exhibits 113: SWOT
Exhibits 114: Robert Bosch GmbH - Overview
Exhibits 115: Robert Bosch GmbH - Product / Service
Exhibits 116: Robert Bosch GmbH - Key news
Exhibits 117: Robert Bosch GmbH - Key offerings
Exhibits 118: SWOT
Exhibits 119: The Ibeto Group - Overview
Exhibits 120: The Ibeto Group - Product / Service
Exhibits 121: The Ibeto Group - Key offerings
Exhibits 122: SWOT
Exhibits 123: Toshiba Corp. - Overview
Exhibits 124: Toshiba Corp. - Business segments
Exhibits 125: Toshiba Corp. - Key news
Exhibits 126: Toshiba Corp. - Key offerings
Exhibits 127: Toshiba Corp. - Segment focus
Exhibits 128: SWOT
Exhibits 129: Inclusions checklist
Exhibits 130: Exclusions checklist
Exhibits 131: Currency conversion rates for US$
Exhibits 132: Research methodology
Exhibits 133: Information sources
Exhibits 134: Data validation
Exhibits 135: Validation techniques employed for market sizing
Exhibits 136: Data synthesis
Exhibits 137: 360 degree market analysis
Exhibits 138: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the battery market in africa: Amara Raja Batteries Ltd., EnerSys, Eveready Pty Ltd., Exide Industries Ltd., First National Battery, Forgo Battery Co Ltd., Franerix Solutions Ltd., GS Yuasa International Ltd., Johnson Controls International Plc, Lithium Werks, Panasonic Holdings Corp., Pelton Batteries, Power Technology Inc., Robert Bosch GmbH, Shenzhen A and S Power Technology Co. Ltd., The Ibeto Group, Toshiba Corp., Trojan Battery Co. LLC, and Willard Batteries.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing number of microgrid installations."

According to the report, one of the major drivers for this market is the shift of automotive industry toward ev.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Amara Raja Batteries Ltd.
  • EnerSys
  • Eveready Pty Ltd.
  • Exide Industries Ltd.
  • First National Battery
  • Forgo Battery Co Ltd.
  • Franerix Solutions Ltd.
  • GS Yuasa International Ltd.
  • Johnson Controls International Plc
  • Lithium Werks
  • Panasonic Holdings Corp.
  • Pelton Batteries
  • Power Technology Inc.
  • Robert Bosch GmbH
  • Shenzhen A and S Power Technology Co. Ltd.
  • The Ibeto Group
  • Toshiba Corp.
  • Trojan Battery Co. LLC
  • Willard Batteries