Battery Market by Type (Primary Battery, Secondary Battery), Technology (Flow Battery, Lead-Acid Battery, Lithium-Ion Battery), Application - Global Forecast 2024-2030

Battery Market by Type (Primary Battery, Secondary Battery), Technology (Flow Battery, Lead-Acid Battery, Lithium-Ion Battery), Application - Global Forecast 2024-2030


The Battery Market size was estimated at USD 182.36 billion in 2023 and expected to reach USD 206.17 billion in 2024, at a CAGR 13.54% to reach USD 443.68 billion by 2030.

Global Battery Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Battery Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Battery Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Battery Market, highlighting leading vendors and their innovative profiles. These include BorgWarner Inc., BYD Company Limited, Clarios, LLC, Contemporary Amperex Technology Co., Limited, Duracell Inc. by Berkshire Hathaway Inc., ESS Tech Inc., Eveready Industries India Ltd., Exide Technologies, Fengfan Co., Ltd., GS Yuasa Corporation, HBL Power Systems Limited, Hitachi, Ltd., Invinity Energy Systems, Johnson Controls International Plc, Largo Inc., LG Chem Ltd., NEC Corporation, Panasonic Holdings Corporation, Primus Power Solutions, Reliance Industries Limited, Robert Bosch GmbH, SCHMID Group, Sumitomo Electric Industries, Ltd., and Wanxiang Group Corporation.

Market Segmentation & Coverage



This research report categorizes the Battery Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Primary Battery
Secondary Battery
Technology
Flow Battery
Lead-Acid Battery
Lithium-Ion Battery
Nickel-Ion Battery
Nickel-Metal Hybrid Battery
Small Sealed Lead-Acid Battery
Sodium-Sulfur Battery
Zinc-Manganese Dioxide Battery
Application
Automotive Batteries
EV
HEV
PHEV
Industrial Batteries
Portable Batteries
Power Tool Batteries
Consumer Electronics
SLI Batteries
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Battery Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Battery Market?
3. What are the technology trends and regulatory frameworks in the Battery Market?
4. What is the market share of the leading vendors in the Battery Market?
5. Which modes and strategic moves are suitable for entering the Battery Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Battery Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Proliferating usage of consumer electronics
5.1.1.2. Rapid electrification of the global automotive industry
5.1.1.3. Increasing adoption of wearable technology in industries
5.1.2. Restraints
5.1.2.1. Raw material supply shortages in economies
5.1.3. Opportunities
5.1.3.1. Investments in clean energy generation and distribution
5.1.3.2. Need for high storage capacity batteries
5.1.4. Challenges
5.1.4.1. Problems associated with battery disposal
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Battery Market, by Type
6.1. Introduction
6.2. Primary Battery
6.3. Secondary Battery
7. Battery Market, by Technology
7.1. Introduction
7.2. Flow Battery
7.3. Lead-Acid Battery
7.4. Lithium-Ion Battery
7.5. Nickel-Ion Battery
7.6. Nickel-Metal Hybrid Battery
7.7. Small Sealed Lead-Acid Battery
7.8. Sodium-Sulfur Battery
7.9. Zinc-Manganese Dioxide Battery
8. Battery Market, by Application
8.1. Introduction
8.2. Automotive Batteries
8.3.1. EV
8.3.2. HEV
8.3.3. PHEV
8.3. Industrial Batteries
8.4. Portable Batteries
8.5. Power Tool Batteries
8.6.1. Consumer Electronics
8.6. SLI Batteries
9. Americas Battery Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Battery Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Battery Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. BorgWarner Inc.
13.1.2. BYD Company Limited
13.1.3. Clarios, LLC
13.1.4. Contemporary Amperex Technology Co., Limited
13.1.5. Duracell Inc. by Berkshire Hathaway Inc.
13.1.6. ESS Tech Inc.
13.1.7. Eveready Industries India Ltd.
13.1.8. Exide Technologies
13.1.9. Fengfan Co., Ltd.
13.1.10. GS Yuasa Corporation
13.1.11. HBL Power Systems Limited
13.1.12. Hitachi, Ltd.
13.1.13. Invinity Energy Systems
13.1.14. Johnson Controls International Plc
13.1.15. Largo Inc.
13.1.16. LG Chem Ltd.
13.1.17. NEC Corporation
13.1.18. Panasonic Holdings Corporation
13.1.19. Primus Power Solutions
13.1.20. Reliance Industries Limited
13.1.21. Robert Bosch GmbH
13.1.22. SCHMID Group
13.1.23. Sumitomo Electric Industries, Ltd.
13.1.24. Wanxiang Group Corporation
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. BATTERY MARKET RESEARCH PROCESS
FIGURE 2. BATTERY MARKET SIZE, 2023 VS 2030
FIGURE 3. BATTERY MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. BATTERY MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. BATTERY MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. BATTERY MARKET DYNAMICS
FIGURE 7. BATTERY MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. BATTERY MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. BATTERY MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
FIGURE 10. BATTERY MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. BATTERY MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. BATTERY MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES BATTERY MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES BATTERY MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. BATTERY MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. BATTERY MARKET SHARE, BY KEY PLAYER, 2023

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