LATIN AMERICA BATTERY MARKET 2022-2028

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CRI’s report predicts that the Latin America battery market is expected to depict growth at a CAGR of 12.88% during the forecast period from 2022 to 2028.

SKU: TR-498-2019 Category: Tag:

Description

MARKET OUTLOOK

CRI’s report predicts that the Latin America battery market is expected to depict growth at a CAGR of 12.88% during the forecast period from 2022 to 2028. Mexico, Brazil and Rest of Latin America are assessed in the market in this region.
In 2021, Brazil was the largest producer of passenger cars in Latin America, with more than 1.7 million automobiles produced. The production is expected to increase further, resulting in the rising demand and adoption of automobile batteries to power certain system components. Further, there have been significant developments by market players in the economy. For instance, Volkswagen Caminhões e Ônibus and Companhia Brasileira de Metalurgia e Mineração announced an agreement for developing super niobium. Hence, such factors can propel growth in the country and boost the battery market.
Furthermore, in Chile, strategic initiatives taken by the market players, product developments and advancements are some major factors expected to contribute to the growth battery market during the forecast period. For instance, Chile organized an auction to bolster production and meet the global demand by awarding special operating contracts to explore and produce 400,000 tons of electric battery metal lithium. Additionally, Chile and AES have joined forces to accelerate the energy transition in the country by increasing their battery-based energy storage capacity. Chile is covered under Rest of Latin America.

COMPETITIVE OUTLOOK

The established companies in the battery market include Exide Technologies, Crown Battery Manufacturing Company, Trojan Battery Company, Murata Manufacturing Co Ltd, Eveready Industries, A123 Systems LLC, and Panasonic Corporation.

TABLE OF CONTENTS

1. LATIN AMERICA BATTERY MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. IMPACT OF COVID-19 ON THE BATTERY MARKET
2.2. KEY INSIGHTS
2.2.1. INCREASING DEMAND FOR ENERGY STORAGE SYSTEMS
2.2.2. EMERGENCE OF AGM BATTERIES
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTES
2.3.3. BARGAINING POWER OF BUYERS
2.3.4. BARGAINING POWER OF SUPPLIERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. VENDOR SCORECARD
2.6. KEY MARKET STRATEGIES
2.6.1. PRODUCT LAUNCHES & DEVELOPMENTS
2.6.2. PARTNERSHIPS & AGREEMENTS
2.7. MARKET DRIVERS
2.7.1. RISING POPULARITY OF CONSUMER ELECTRONICS
2.7.2. INCENTIVES FOR MANUFACTURING ELECTRIC VEHICLE BATTERIES
2.7.3. DECLINING BATTERY PRICES
2.7.4. HIGH DEMAND FOR AUTOMOTIVE APPLICATIONS
2.8. MARKET CHALLENGES
2.8.1. SAFETY ISSUES PERTAINING TO BATTERY USAGE
2.8.2. VOLATILITY IN THE PRICES OF RAW MATERIALS
2.8.3. ISSUES PERTAINING TO BATTERY RECYCLING
2.9. MARKET OPPORTUNITIES
2.9.1. INCREASING PENETRATION OF MARINE BATTERIES
2.9.2. GOVERNMENT INCENTIVES FOR CLEANER TRANSPORTATION
3. LATIN AMERICA BATTERY MARKET OUTLOOK – BY BATTERY TYPE
3.1. PRIMARY BATTERY
3.2. SECONDARY BATTERY
4. LATIN AMERICA BATTERY MARKET OUTLOOK – BY TECHNOLOGY
4.1. LEAD-ACID BATTERY
4.2. LITHIUM-ION BATTERY
4.3. NICKEL-METAL HYDRIDE (NIMH) BATTERY
4.4. NICKEL-CADMIUM (NICD) BATTERY
4.5. NICKEL-ZINC (NIZN) BATTERY
4.6. FLOW BATTERY
4.7. SODIUM-SULFUR (NAS) BATTERY
4.8. ZINC-MANGANESE DIOXIDE BATTERY
4.9. SMALL SEALED LEAD-ACID BATTERY
4.10. OTHER TECHNOLOGIES
5. LATIN AMERICA BATTERY MARKET OUTLOOK – BY END-USE
5.1. AUTOMOTIVE BATTERIES
5.2. INDUSTRIAL BATTERIES
5.3. PORTABLE BATTERIES
5.4. POWER TOOLS BATTERIES
5.5. SLI BATTERIES
5.6. OTHER END-USES
6. LATIN AMERICA BATTERY INDUSTRY – COUNTRY OUTLOOK
6.1. BRAZIL
6.2. MEXICO
6.3. REST OF LATIN AMERICA
7. COMPETITIVE LANDSCAPE
7.1. JOHNSONS CONTROLS INC
7.2. GS YUASA INTERNATIONAL LTD
7.3. EXIDE TECHNOLOGIES
7.4. LG CHEM LTD
7.5. A123 SYSTEMS LLC
7.6. TOSHIBA CORPORATION
7.7. PANASONIC CORPORATION
7.8. SAMSUNG SDI CO LTD
7.9. SAFT GROUPE SA
7.10. TROJAN BATTERY COMPANY
7.11. BYD COMPANY LTD
7.12. NEC CORPORATION
7.13. EVEREADY INDUSTRIES
7.14. DURACELL
7.15. EAST PENN MANUFACTURING CO
7.16. CROWN BATTERY MANUFACTURING COMPANY
7.17. C&D TECHNOLOGIES INC
7.18. ENERSYS
7.19. MURATA MANUFACTURING CO LTD
7.20. SHENZHEN BAK BATTERY CO LTD
8. RESEARCH METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE & DELIVERABLES
8.2. SOURCES OF DATA
8.3. RESEARCH METHODOLOGY

TABLE LIST

TABLE 1: LATIN AMERICA BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LATIN AMERICA BATTERY MARKET, BY BATTERY TYPE, 2022-2028, (IN $ MILLION)
TABLE 4: LATIN AMERICA BATTERY MARKET, BY TECHNOLOGY, 2022-2028, (IN $ MILLION)
TABLE 5: LATIN AMERICA BATTERY MARKET, BY END-USE, 2022-2028, (IN $ MILLION)
TABLE 6: LATIN AMERICA BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

FIGURE LIST

FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: LATIN AMERICA BATTERY MARKET, BY BATTERY TYPE, 2021 & 2028 (IN %)
FIGURE 3: LATIN AMERICA BATTERY MARKET, BY PRIMARY BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 4: LATIN AMERICA BATTERY MARKET, BY SECONDARY BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 5: LATIN AMERICA BATTERY MARKET, BY TECHNOLOGY, 2021 & 2028 (IN %)
FIGURE 6: LATIN AMERICA BATTERY MARKET, BY LEAD-ACID BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 7: LATIN AMERICA BATTERY MARKET, BY LITHIUM-ION BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 8: LATIN AMERICA BATTERY MARKET, BY NICKEL-METAL HYDRIDE (NIMH) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA BATTERY MARKET, BY NICKEL-CADMIUM (NICD) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 10: LATIN AMERICA BATTERY MARKET, BY NICKEL-ZINC (NIZN) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 11: LATIN AMERICA BATTERY MARKET, BY FLOW BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 12: LATIN AMERICA BATTERY MARKET, BY SODIUM-SULFUR (NAS) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 13: LATIN AMERICA BATTERY MARKET, BY ZINC-MANGANESE DIOXIDE BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 14: LATIN AMERICA BATTERY MARKET, BY SMALL SEALED LEAD-ACID BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 15: LATIN AMERICA BATTERY MARKET, BY OTHER TECHNOLOGIES, 2022-2028 (IN $ MILLION)
FIGURE 16: LATIN AMERICA BATTERY MARKET, BY END-USE, 2021 & 2028 (IN %)
FIGURE 17: LATIN AMERICA BATTERY MARKET, BY AUTOMOTIVE BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 18: LATIN AMERICA BATTERY MARKET, BY INDUSTRIAL BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 19: LATIN AMERICA BATTERY MARKET, BY PORTABLE BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 20: LATIN AMERICA BATTERY MARKET, BY POWER TOOLS BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 21: LATIN AMERICA BATTERY MARKET, BY SLI BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 22: LATIN AMERICA BATTERY MARKET, BY OTHER END-USES, 2022-2028 (IN $ MILLION)
FIGURE 23: LATIN AMERICA BATTERY MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 24: BRAZIL BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: MEXICO BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: REST OF LATIN AMERICA BATTERY MARKET 2022-2028 (IN $ MILLION)

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Companies Mentioned

1. JOHNSONS CONTROLS INC
2. GS YUASA INTERNATIONAL LTD
3. EXIDE TECHNOLOGIES
4. LG CHEM LTD
5. A123 SYSTEMS LLC
6. TOSHIBA CORPORATION
7. PANASONIC CORPORATION
8. SAMSUNG SDI CO LTD
9. SAFT GROUPE SA
10. TROJAN BATTERY COMPANY
11. BYD COMPANY LTD
12. NEC CORPORATION
13. EVEREADY INDUSTRIES
14. DURACELL
15. EAST PENN MANUFACTURING CO
16. CROWN BATTERY MANUFACTURING COMPANY
17. C&D TECHNOLOGIES INC
18. ENERSYS
19. MURATA MANUFACTURING CO LTD
20. SHENZHEN BAK BATTERY CO LTD

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