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The battery pack market is forecasted to grow by USD 124.4 billion during 2023-2028, accelerating at a CAGR of 14.48% during the forecast period. The report on the battery pack 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 increase in number of mergers and acquisitions by market vendors, rising demand for compact and high-performance battery packs, and increased deployment of iot devices.
The battery pack market is segmented as below:
By Application
- Automotive
- Industrial
- Others
By Type
- Lithium-ion (Li-ion)
- Sodium-ion
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the battery pack market covers the following areas:
- Battery pack market sizing
- Battery pack market forecast
- Battery pack 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 Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global battery pack market: Berkshire Hathaway Inc., BYD Co. Ltd., CLARIOS LLC, Contemporary Amperex Technology Co. Ltd., East Penn Manufacturing Co. Inc., EnerSys, Eveready Industries India Ltd., Freudenberg and Co. KG, GS Yuasa International Ltd., Hitachi Ltd., Johnson Controls, Kabra Extrusiontechnik Ltd., Leoch International Technology Ltd., LG Electronics Inc., Nikola Corp., NIO Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Tesla Inc., Toshiba Corp., TotalEnergies SE, VARTA AG, and Wanxiang Group.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growth in renewable energy storage."
According to the report, one of the major drivers for this market is the increase in number of mergers and acquisitions by market vendors.
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:
- Berkshire Hathaway Inc.
- BYD Co. Ltd.
- CLARIOS LLC
- Contemporary Amperex Technology Co. Ltd.
- East Penn Manufacturing Co. Inc.
- EnerSys
- Eveready Industries India Ltd.
- Freudenberg and Co. KG
- GS Yuasa International Ltd.
- Hitachi Ltd.
- Johnson Controls
- Kabra Extrusiontechnik Ltd.
- Leoch International Technology Ltd.
- LG Electronics Inc.
- Nikola Corp.
- NIO Ltd.
- Panasonic Holdings Corp.
- Samsung Electronics Co. Ltd.
- Tesla Inc.
- Toshiba Corp.
- TotalEnergies SE
- VARTA AG
- Wanxiang Group
