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The battery market is forecasted to grow by USD 229.86 billion during 2022-2027, accelerating at a CAGR of 17.22% during the forecast period. The report on the battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
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 a shift in the automotive industry to EVs, an increase in demand for rechargeable batteries, and augmented demand from consumer electronics.
The battery market is segmented as below:
By Application
- Portable batteries
- Automotive batteries
- Industrial batteries
By Type
- Lithium ion
- Lead acid
- Nickel metal hydride
- Nickel-cadmium
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the battery market covers the following areas:
- Battery market sizing
- Battery market forecast
- Battery market industry analysis
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 research - both primary and secondary. 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global battery market: A123 Systems LLC, Clarios, Cummins Inc., East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., Furukawa Electric Co. Ltd., GS Yuasa Corp., HBL Power Systems Ltd., Hitachi Ltd., Korea Battery Co. Ltd., Leoch International Technology Ltd., LG Chem, Murata Manufacturing Co. Ltd., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., TDK Corp., and Toshiba Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological developments."
According to the report, one of the major drivers for this market is the shift in the automotive industry to EVs.
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:
- A123 Systems LLC
- CLARIOS LLC
- Cummins Inc.
- East Penn Manufacturing Co. Inc.
- EnerSys
- Exide Industries Ltd.
- Furukawa Electric Co. Ltd.
- GS Yuasa International Ltd.
- HBL Power Systems Ltd.
- Hitachi Ltd.
- Korea Battery Co. Ltd.
- Leoch International Technology Ltd.
- LG Chem Ltd.
- Murata Manufacturing Co. Ltd.
- Panasonic Holdings Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- TDK Corp.
- Toshiba Corp.
