A report by CRI highlights that the global battery market would grow at a CAGR of 15.68% over the forecast period of 2022-2028.
The studied market’s growth is supported by factors such as the rising popularity of consumer electronics, government incentives for manufacturing electric vehicle batteries, declining battery prices and high demand for automotive applications, majorly from electric vehicles. The high demand for portable electronics such as smartphones, tablets, LCDs, and wearable devices such as fitness bands is boosting the market growth. In addition, there has been a growth in the shipment of wearable devices across the globe, doubling the number of devices shipped from 2019 to 2022.
Further, the market also experienced increased research and development activities of consumer electronic batteries by the market players. Hence, all these factors are expected to increase the demand and the adoption of batteries for consumer electronic devices, promoting market growth during the forecast period. However, safety issues about battery usage, volatility in raw material prices, and issues relating to battery recycling can hinder the market growth in the forecast period.

REGIONAL OUTLOOK

The global battery market covers North America, Asia-Pacific, Europe, Middle East and Africa, and Latin America.
Asia-Pacific dominates the battery market globally, and it is expected to continue its stronghold until 2028. Additionally, the region is expected to be the fastest growing during the forecast period. The adoption of electric vehicles is continuously increasing in developed and developing countries. China is leading the global sale of electric vehicles, and other developing economies such as India are transforming their public transportation infrastructure for electric vehicles. The increasing demand for electric vehicles majorly drives the battery market in the region. Additionally, the growing renewable sector, increased sales of consumer electronics, growth in the number of data centers, rise in the popularity of electric vehicles, and other factors support the regional market’s growth.

COMPETITIVE OUTLOOK

The key players in the market include Johnsons Controls Inc, GS Yuasa International Ltd, Exide Technologies, LG Chem Ltd, A123 Systems LLC, Toshiba Corporation, Panasonic Corporation, Shenzhen BAK Battery Co Ltd, Saft Groupe SA, Trojan Battery Company, BYD Company Ltd, NEC Corporation, Eveready Industries, Duracell, East Penn Manufacturing Co, Crown Battery Manufacturing Company, C&D Technologies Inc, EnerSys, and Murata Manufacturing Co Ltd.
Founded in 2004, GS Yuasa International Ltd. is a Kyoto – based Japanese company. It specializes in the development and production of lithium-ion and lead acid batteries, used in automobiles, defense & aerospace applications and other areas. Along with other electrical equipment, the company also produces and sells power supply systems, lighting apparatus, switchgear, ultraviolet systems, etc. Through the development of a variety of technologies, GS Yuasa has played a vital role in developing as well as expanding goods that answer societal demands. Additionally, the organization has a significant geographic presence throughout the world, including the United States, Asia, and Europe.

TABLE OF CONTENTS

1. GLOBAL 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. GLOBAL BATTERY MARKET OUTLOOK – BY BATTERY TYPE
3.1. PRIMARY BATTERY
3.2. SECONDARY BATTERY
4. GLOBAL 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. GLOBAL 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. GLOBAL BATTERY MARKET – REGIONAL OUTLOOK
6.1. NORTH AMERICA
6.1.1. MARKET BY BATTERY TYPE
6.1.2. MARKET BY TECHNOLOGY
6.1.3. MARKET BY END-USE
6.1.4. COUNTRY ANALYSIS
6.1.4.1. UNITED STATES
6.1.4.2. CANADA
6.2. EUROPE
6.2.1. MARKET BY BATTERY TYPE
6.2.2. MARKET BY TECHNOLOGY
6.2.3. MARKET BY END-USE
6.2.4. COUNTRY ANALYSIS
6.2.4.1. UNITED KINGDOM
6.2.4.2. GERMANY
6.2.4.3. FRANCE
6.2.4.4. SPAIN
6.2.4.5. ITALY
6.2.4.6. REST OF EUROPE
6.3. ASIA-PACIFIC
6.3.1. MARKET BY BATTERY TYPE
6.3.2. MARKET BY TECHNOLOGY
6.3.3. MARKET BY END-USE
6.3.4. COUNTRY ANALYSIS
6.3.4.1. CHINA
6.3.4.2. JAPAN
6.3.4.3. INDIA
6.3.4.4. SOUTH KOREA
6.3.4.5. ASEAN COUNTRIES
6.3.4.6. AUSTRALIA & NEW ZEALAND
6.3.4.7. REST OF ASIA-PACIFIC
6.4. LATIN AMERICA
6.4.1. MARKET BY BATTERY TYPE
6.4.2. MARKET BY TECHNOLOGY
6.4.3. MARKET BY END-USE
6.4.4. COUNTRY ANALYSIS
6.4.4.1. BRAZIL
6.4.4.2. MEXICO
6.4.4.3. REST OF LATIN AMERICA
6.5. MIDDLE EAST AND AFRICA
6.5.1. MARKET BY BATTERY TYPE
6.5.2. MARKET BY TECHNOLOGY
6.5.3. MARKET BY END-USE
6.5.4. COUNTRY ANALYSIS
6.5.4.1. UNITED ARAB EMIRATES
6.5.4.2. SAUDI ARABIA
6.5.4.3. TURKEY
6.5.4.4. SOUTH AFRICA
6.5.4.5. REST OF MIDDLE EAST & AFRICA
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: GLOBAL BATTERY MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: GLOBAL BATTERY MARKET, BY BATTERY TYPE, 2022-2028 (IN $ MILLION)
TABLE 4: GLOBAL BATTERY MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 5: GLOBAL BATTERY MARKET, BY END-USE, 2022-2028 (IN $ MILLION)
TABLE 6: GLOBAL BATTERY MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 7: NORTH AMERICA BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 8: NORTH AMERICA BATTERY MARKET, BY BATTERY TYPE, 2022-2028 (IN $ MILLION)
TABLE 9: NORTH AMERICA BATTERY MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 10: NORTH AMERICA BATTERY MARKET, BY END-USE, 2022-2028 (IN $ MILLION)
TABLE 11: EUROPE BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 12: EUROPE BATTERY MARKET, BY BATTERY TYPE, 2022-2028 (IN $ MILLION)
TABLE 13: EUROPE BATTERY MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 14: EUROPE BATTERY MARKET, BY END-USE, 2022-2028 (IN $ MILLION)
TABLE 15: ASIA-PACIFIC BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 16: ASIA-PACIFIC BATTERY MARKET, BY BATTERY TYPE, 2022-2028 (IN $ MILLION)
TABLE 17: ASIA-PACIFIC BATTERY MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 18: ASIA-PACIFIC BATTERY MARKET, BY END-USE, 2022-2028 (IN $ MILLION)
TABLE 19: LATIN AMERICA BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 20: LATIN AMERICA BATTERY MARKET, BY BATTERY TYPE, 2022-2028 (IN $ MILLION)
TABLE 21: LATIN AMERICA BATTERY MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 22: LATIN AMERICA BATTERY MARKET, BY END-USE, 2022-2028 (IN $ MILLION)
TABLE 23: MIDDLE EAST AND AFRICA BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 24: MIDDLE EAST AND AFRICA BATTERY MARKET, BY BATTERY TYPE, 2022-2028 (IN $ MILLION)
TABLE 25: MIDDLE EAST AND AFRICA BATTERY MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 26: MIDDLE EAST AND AFRICA BATTERY MARKET, BY END-USE, 2022-2028 (IN $ MILLION)

FIGURE LIST

FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: GLOBAL BATTERY MARKET, BY BATTERY TYPE, 2021 & 2028 (IN %)
FIGURE 3: GLOBAL BATTERY MARKET, BY PRIMARY BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 4: GLOBAL BATTERY MARKET, BY SECONDARY BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 5: GLOBAL BATTERY MARKET, BY TECHNOLOGY, 2021 & 2028 (IN %)
FIGURE 6: GLOBAL BATTERY MARKET, BY LEAD-ACID BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 7: GLOBAL BATTERY MARKET, BY LITHIUM-ION BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 8: GLOBAL BATTERY MARKET, BY NICKEL-METAL HYDRIDE (NIMH) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 9: GLOBAL BATTERY MARKET, BY NICKEL-CADMIUM (NICD) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 10: GLOBAL BATTERY MARKET, BY NICKEL-ZINC (NIZN) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 11: GLOBAL BATTERY MARKET, BY FLOW BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 12: GLOBAL BATTERY MARKET, BY SODIUM-SULFUR (NAS) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 13: GLOBAL BATTERY MARKET, BY ZINC-MANGANESE DIOXIDE BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 14: GLOBAL BATTERY MARKET, BY SMALL SEALED LEAD-ACID BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 15: GLOBAL BATTERY MARKET, BY OTHER TECHNOLOGIES, 2022-2028 (IN $ MILLION)
FIGURE 16: GLOBAL BATTERY MARKET, BY END-USE, 2021 & 2028 (IN %)
FIGURE 17: GLOBAL BATTERY MARKET, BY AUTOMOTIVE BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 18: GLOBAL BATTERY MARKET, BY INDUSTRIAL BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 19: GLOBAL BATTERY MARKET, BY PORTABLE BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 20: GLOBAL BATTERY MARKET, BY POWER TOOLS BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 21: GLOBAL BATTERY MARKET, BY SLI BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 22: GLOBAL BATTERY MARKET, BY OTHER END-USES, 2022-2028 (IN $ MILLION)
FIGURE 23: GLOBAL BATTERY MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 24: UNITED STATES BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: CANADA BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: UNITED KINGDOM BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 27: GERMANY BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 28: FRANCE BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 29: SPAIN BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 30: ITALY BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 31: REST OF EUROPE BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 32: CHINA BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 33: JAPAN BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 34: INDIA BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 35: SOUTH KOREA BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 36: ASEAN COUNTRIES BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 37: AUSTRALIA & NEW ZEALAND BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 38: REST OF ASIA-PACIFIC BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 39: BRAZIL BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 40: MEXICO BATTERY MARKET, 2022-2028 (IN $ MILLION)
FIGURE 41: REST OF LATIN AMERICA BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 42: UNITED ARAB EMIRATES BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 43: SAUDI ARABIA BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 44: TURKEY BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 45: SOUTH AFRICA BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 46: REST OF MIDDLE EAST AND AFRICA BATTERY MARKET 2022-2028 (IN $ MILLION)

The post GLOBAL BATTERY MARKET 2022-2028 first appeared on CRI Report.

CRI’s market research report states that the battery market in North America is expected to progress with a CAGR of 15.32% in the forecast period 2022-2028. The countries studied across the region are Canada and the United States.
In 2022, the United States Department of Energy issued notices of intent to offer $2.91 billion to boost advanced battery production, which is important for the expanding clean energy industries, including energy storage and electric vehicles. The department’s intent behind the offer is to fund battery materials refining and production plants, recycling facilities, and battery cell and pack manufacturing facilities.
This will further increase the energy independence, economic competitiveness as well as national security of the country. Such significant government initiatives in battery technologies are expected to strengthen the studied market in the country.
Additionally, market players in Canada take strategic initiatives such as partnerships, joint ventures, and investments that aid the growth of the country’s battery market. For instance, Stellantis announced its partnership with LG Energy Solution in 2022 to make batteries for electric vehicles at a new plant in Canada. The joint venture involves $4.1 billion to be utilized for constructing a facility in Windsor(Ontario) that will supply batteries for electric vehicle production of Stellantis in North America.

COMPETITIVE OUTLOOK

The leading companies in the market include LG Chem Ltd, Crown Battery Manufacturing Company, Johnsons Controls Inc, Exide Technologies, Murata Manufacturing Co Ltd, Toshiba Corporation, East Penn Manufacturing Co, GS Yuasa International Ltd, Panasonic Corporation, Duracell, C&D Technologies Inc, and EnerSys.

TABLE OF CONTENTS

1. NORTH 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. NORTH AMERICA BATTERY MARKET OUTLOOK – BY BATTERY TYPE
3.1. PRIMARY BATTERY
3.2. SECONDARY BATTERY
4. NORTH 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. NORTH 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. NORTH AMERICA BATTERY MARKET – COUNTRY OUTLOOK
6.1. UNITED STATES
6.2. CANADA
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: NORTH AMERICA BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: NORTH AMERICA BATTERY MARKET, BY BATTERY TYPE, 2022-2028 (IN $ MILLION)
TABLE 4: NORTH AMERICA BATTERY MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 5: NORTH AMERICA BATTERY MARKET, BY END-USE, 2022-2028 (IN $ MILLION)
TABLE 6: NORTH AMERICA BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

FIGURE LIST

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

The post NORTH AMERICA BATTERY MARKET 2022-2028 first appeared on CRI Report.

A report by CRI on the battery market in the Middle East and Africa states that it is likely to grow with a 13.59% CAGR in the forecast period between 2022-2028. Turkey, the United Arab Emirates, South Africa, Saudi Arabia, and Rest of Middle East & Africa are studied across the market in the region.

Cafu, a United Arab Emirates-based on-demand refueling and vehicle service company, announced a new venture that will focus on on-demand energy systems by using innovative battery storage across the country. The company also entered a joint venture with solar energy distributor, Siraj Power, to establish a new venture, Hypr. Further, the Abu Dhabi Department of Energy launched Grid Scale Battery Deployment and the world’s largest virtual battery plant with 108 megawatts capacity, distributed over 10 sites across the country. Such significant developments can promote the growth of the country’s battery market.

Additionally, in Turkey, the expansion of battery manufacturing facilities and product developments & advancements are some of the factors expected to support the country’s battery market’s growth during the forecast period. For example, Pomega Energy Storage Technologies plans to establish a new 1 GWh lithium iron phosphate battery factory by the last quarter of 2022, to serve the energy storage systems market. Also, Ford announced its plans to open a giant EV battery plant in Turkey With SK, Koc to produce 45 GWh of batteries from 2025. Therefore, the rising demand is expected to propel the battery market’s growth in the UAE.

COMPETITIVE OUTLOOK

Exide Technologies, Toshiba Corporation, Panasonic Corporation, Samsung SDI Co Ltd, Trojan Battery Company, NEC Corporation, Crown Battery Manufacturing Company and Murata Manufacturing Co Ltd are the leading players in the battery market.

TABLE OF CONTENTS

1. MIDDLE EAST AND AFRICA 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. MIDDLE EAST AND AFRICA BATTERY MARKET OUTLOOK – BY BATTERY TYPE
3.1. PRIMARY BATTERY
3.2. SECONDARY BATTERY
4. MIDDLE EAST AND AFRICA 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. MIDDLE EAST AND AFRICA 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. MIDDLE EAST AND AFRICA BATTERY MARKET – REGIONAL OUTLOOK
6.1. UNITED ARAB EMIRATES
6.2. SAUDI ARABIA
6.3. TURKEY
6.4. SOUTH AFRICA
6.5. REST OF MIDDLE EAST & AFRICA
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: MIDDLE EAST AND AFRICA BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: MIDDLE EAST AND AFRICA BATTERY MARKET, BY BATTERY TYPE, 2022-2028, (IN $ MILLION)
TABLE 4: MIDDLE EAST AND AFRICA BATTERY MARKET, BY TECHNOLOGY, 2022-2028, (IN $ MILLION)
TABLE 5: MIDDLE EAST AND AFRICA BATTERY MARKET, BY END-USE, 2022-2028, (IN $ MILLION)
TABLE 6: MIDDLE EAST AND AFRICA BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

FIGURE LIST

FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: MIDDLE EAST AND AFRICA BATTERY MARKET, BY BATTERY TYPE, 2021 & 2028 (IN %)
FIGURE 3: MIDDLE EAST AND AFRICA BATTERY MARKET, BY PRIMARY BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 4: MIDDLE EAST AND AFRICA BATTERY MARKET, BY SECONDARY BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 5: MIDDLE EAST AND AFRICA BATTERY MARKET, BY TECHNOLOGY, 2021 & 2028 (IN %)
FIGURE 6: MIDDLE EAST AND AFRICA BATTERY MARKET, BY LEAD-ACID BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 7: MIDDLE EAST AND AFRICA BATTERY MARKET, BY LITHIUM-ION BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 8: MIDDLE EAST AND AFRICA BATTERY MARKET, BY NICKEL-METAL HYDRIDE (NIMH) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 9: MIDDLE EAST AND AFRICA BATTERY MARKET, BY NICKEL-CADMIUM (NICD) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 10: MIDDLE EAST AND AFRICA BATTERY MARKET, BY NICKEL-ZINC (NIZN) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 11: MIDDLE EAST AND AFRICA BATTERY MARKET, BY FLOW BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 12: MIDDLE EAST AND AFRICA BATTERY MARKET, BY SODIUM-SULFUR (NAS) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 13: MIDDLE EAST AND AFRICA BATTERY MARKET, BY ZINC-MANGANESE DIOXIDE BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 14: MIDDLE EAST AND AFRICA BATTERY MARKET, BY SMALL SEALED LEAD-ACID BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 15: MIDDLE EAST AND AFRICA BATTERY MARKET, BY OTHER TECHNOLOGIES, 2022-2028 (IN $ MILLION)
FIGURE 16: MIDDLE EAST AND AFRICA BATTERY MARKET, BY END-USE, 2021 & 2028 (IN %)
FIGURE 17: MIDDLE EAST AND AFRICA BATTERY MARKET, BY AUTOMOTIVE BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 18: MIDDLE EAST AND AFRICA BATTERY MARKET, BY INDUSTRIAL BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 19: MIDDLE EAST AND AFRICA BATTERY MARKET, BY PORTABLE BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 20: MIDDLE EAST AND AFRICA BATTERY MARKET, BY POWER TOOLS BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 21: MIDDLE EAST AND AFRICA BATTERY MARKET, BY SLI BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 22: MIDDLE EAST AND AFRICA BATTERY MARKET, BY OTHER END-USES, 2022-2028 (IN $ MILLION)
FIGURE 23: MIDDLE EAST AND AFRICA BATTERY MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 24: UNITED ARAB EMIRATES BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: SAUDI ARABIA BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: TURKEY BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 27: SOUTH AFRICA BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 28: REST OF MIDDLE EAST & AFRICA BATTERY MARKET 2022-2028 (IN $ MILLION)

The post MIDDLE EAST AND AFRICA BATTERY MARKET 2022-2028 first appeared on CRI Report.

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)

The post LATIN AMERICA BATTERY MARKET 2022-2028 first appeared on CRI Report.

According to CRI’s market research report, the battery market in Europe is expected to surge at a CAGR of 14.78% in the forecasting period 2022-2028. Germany, France, the United Kingdom, Italy, Spain, and Rest of Europe are considered in the market in this region.
In the United Kingdom, significant investments by the government and the market players in battery technology and the construction of new battery production facilities are one of the major factors for the growth of the battery market in the country. For instance, Britishvolt, a startup venture, gained a new investment worth $ 50.17 million from Glencore to construct one of the country’s few large-scale battery factories. The battery factory project is key to the prospects for the country’s automotive industry as it plans to move away from internal combustion engines and embrace battery electric vehicles with zero carbon emissions from the exhaust. All such factors have a positive impact on the growth of the country’s battery market.
In France, the strategic initiatives by market players such as agreements, product developments and launches, mergers and acquisitions are expected to fuel the country’s market demand. For instance, in 2021, Renault signed partnership agreements with Verkor, a French startup and AESC, China, to supply electric vehicle batteries for its electric vehicle production hub. The company also signed a memorandum of understanding with Verkor to co-develop and manufacture high-performance batteries, intending to own more than a 20% stake in the startup. Such factors fuel the battery market growth in the country.

COMPETITIVE OUTLOOK

A123 Systems LLC, Eveready Industries, EnerSys, East Penn Manufacturing Co, Trojan Battery Company, Panasonic Corporation, GS Yuasa International Ltd, and LG Chem Ltd are the leading players in the battery market.

TABLE OF CONTENTS

1. EUROPE 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. EUROPE BATTERY MARKET OUTLOOK – BY BATTERY TYPE
3.1. PRIMARY BATTERY
3.2. SECONDARY BATTERY
4. EUROPE 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. EUROPE 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. EUROPE BATTERY INDUSTRY – COUNTRY OUTLOOK
6.1. UNITED KINGDOM
6.2. GERMANY
6.3. FRANCE
6.4. SPAIN
6.5. ITALY
6.6. REST OF EUROPE
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: EUROPE BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: EUROPE BATTERY MARKET, BY BATTERY TYPE, 2022-2028, (IN $ MILLION)
TABLE 4: EUROPE BATTERY MARKET, BY TECHNOLOGY, 2022-2028, (IN $ MILLION)
TABLE 5: EUROPE BATTERY MARKET, BY END-USE, 2022-2028, (IN $ MILLION)
TABLE 6: EUROPE BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

FIGURE LIST

FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: EUROPE BATTERY MARKET, BY BATTERY TYPE, 2021 & 2028 (IN %)
FIGURE 3: EUROPE BATTERY MARKET, BY PRIMARY BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 4: EUROPE BATTERY MARKET, BY SECONDARY BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 5: EUROPE BATTERY MARKET, BY TECHNOLOGY, 2021 & 2028 (IN %)
FIGURE 6: EUROPE BATTERY MARKET, BY LEAD-ACID BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 7: EUROPE BATTERY MARKET, BY LITHIUM-ION BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 8: EUROPE BATTERY MARKET, BY NICKEL-METAL HYDRIDE (NIMH) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 9: EUROPE BATTERY MARKET, BY NICKEL-CADMIUM (NICD) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 10: EUROPE BATTERY MARKET, BY NICKEL-ZINC (NIZN) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 11: EUROPE BATTERY MARKET, BY FLOW BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 12: EUROPE BATTERY MARKET, BY SODIUM-SULFUR (NAS) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 13: EUROPE BATTERY MARKET, BY ZINC-MANGANESE DIOXIDE BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 14: EUROPE BATTERY MARKET, BY SMALL SEALED LEAD-ACID BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 15: EUROPE BATTERY MARKET, BY OTHER TECHNOLOGIES, 2022-2028 (IN $ MILLION)
FIGURE 16: EUROPE BATTERY MARKET, BY END-USE, 2021 & 2028 (IN %)
FIGURE 17: EUROPE BATTERY MARKET, BY AUTOMOTIVE BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 18: EUROPE BATTERY MARKET, BY INDUSTRIAL BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 19: EUROPE BATTERY MARKET, BY PORTABLE BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 20: EUROPE BATTERY MARKET, BY POWER TOOLS BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 21: EUROPE BATTERY MARKET, BY SLI BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 22: EUROPE BATTERY MARKET, BY OTHER END-USES, 2022-2028 (IN $ MILLION)
FIGURE 23: EUROPE BATTERY MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 24: UNITED KINGDOM BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: GERMANY BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: FRANCE BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 27: SPAIN BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 28: ITALY BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 29: REST OF EUROPE BATTERY MARKET 2022-2028 (IN $ MILLION)

The post EUROPE BATTERY MARKET 2022-2028 first appeared on CRI Report.

A research study anticipates that the Asia-Pacific’s battery market is expected to progress with a CAGR of 16.65% during the forecasting period 2022-2028. Countries, India, Japan, ASEAN China, South Korea, Australia & New Zealand and Rest of Asia-Pacific are evaluated in the market in this region.
In China, the growing renewable sector, adoption of electric vehicles, growth in the automotive industry, and increased consumer electronics sales are some of the major factors expected to propel the country’s growth. The country ranked first in the largest passenger car production in 2021, with a production volume of 21.41 million passenger cars.
Further, about 2.9 million cars were sold across the country that year, marking an increase of 162% compared to 2020. Electric batteries are used to power certain components fuel-powered cars. Such growth in the automotive sector has created a significant demand for different types of batteries to be used in automobiles, supplementing the growth of the battery market across China during the forecast period.
In South Korea, the increased focus of market players on developing and launching technologically advanced and innovative products is expected to lead the market during the forecast period. For instance, Samsung SDI and LG Energy Solutions (LGES) announced launching a new generation 21700 lithium-ion battery that increased energy density by 10%. Such product launches could sharpen the country’s edge in electric vehicle (EV) battery manufacturing. In addition, CATL, the largest battery supplier in China, set up a production base in the country to provide batteries for Hyundai Motors. Hence, all such factors are expected to further increase the adoption and deployment of batteries promoting the market’s growth.

COMPETITIVE OUTLOOK

GS Yuasa International Ltd, Panasonic Corporation, Shenzhen BAK Battery Co Ltd, Eveready Industries, Duracell, Toshiba Corporation and Trojan Battery Company are some of the dominant players in the battery market.

TABLE OF CONTENTS

1. ASIA-PACIFIC 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. ASIA-PACIFIC BATTERY MARKET OUTLOOK – BY BATTERY TYPE
3.1. PRIMARY BATTERY
3.2. SECONDARY BATTERY
4. ASIA-PACIFIC 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. ASIA-PACIFIC 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. ASIA-PACIFIC BATTERY MARKET – COUNTRY OUTLOOK
6.1. CHINA
6.2. JAPAN
6.3. INDIA
6.4. SOUTH KOREA
6.5. ASEAN COUNTRIES
6.6. AUSTRALIA & NEW ZEALAND
6.7. REST OF ASIA-PACIFIC
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: ASIA-PACIFIC BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: ASIA-PACIFIC BATTERY MARKET, BY BATTERY TYPE, 2022-2028 (IN $ MILLION)
TABLE 4: ASIA-PACIFIC BATTERY MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC BATTERY MARKET, BY END-USE, 2022-2028 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

FIGURE LIST

FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: ASIA-PACIFIC BATTERY MARKET, BY BATTERY TYPE, 2021 & 2028 (IN %)
FIGURE 3: ASIA-PACIFIC BATTERY MARKET, BY PRIMARY BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 4: ASIA-PACIFIC BATTERY MARKET, BY SECONDARY BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 5: ASIA-PACIFIC BATTERY MARKET, BY TECHNOLOGY, 2021 & 2028 (IN %)
FIGURE 6: ASIA-PACIFIC BATTERY MARKET, BY LEAD-ACID BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC BATTERY MARKET, BY LITHIUM-ION BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC BATTERY MARKET, BY NICKEL-METAL HYDRIDE (NIMH) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC BATTERY MARKET, BY NICKEL-CADMIUM (NICD) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC BATTERY MARKET, BY NICKEL-ZINC (NIZN) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC BATTERY MARKET, BY FLOW BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC BATTERY MARKET, BY SODIUM-SULFUR (NAS) BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC BATTERY MARKET, BY ZINC-MANGANESE DIOXIDE BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC BATTERY MARKET, BY SMALL SEALED LEAD-ACID BATTERY, 2022-2028 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC BATTERY MARKET, BY OTHER TECHNOLOGIES, 2022-2028 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC BATTERY MARKET, BY END-USE, 2021 & 2028 (IN %)
FIGURE 17: ASIA-PACIFIC BATTERY MARKET, BY AUTOMOTIVE BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC BATTERY MARKET, BY INDUSTRIAL BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 19: ASIA-PACIFIC BATTERY MARKET, BY PORTABLE BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC BATTERY MARKET, BY POWER TOOLS BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 21: ASIA-PACIFIC BATTERY MARKET, BY SLI BATTERIES, 2022-2028 (IN $ MILLION)
FIGURE 22: ASIA-PACIFIC BATTERY MARKET, BY OTHER END-USES, 2022-2028 (IN $ MILLION)
FIGURE 23: ASIA-PACIFIC BATTERY MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 24: CHINA BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: JAPAN BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: INDIA BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 27: SOUTH KOREA BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 28: ASEAN COUNTRIES BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 29: AUSTRALIA & NEW ZEALAND BATTERY MARKET 2022-2028 (IN $ MILLION)
FIGURE 30: REST OF ASIA-PACIFIC BATTERY MARKET 2022-2028 (IN $ MILLION)

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