Secondary Battery Market, By Technology (Lead-acid Battery, Lithium-ion Battery, Other Technologies (NiMh, NiCD, etc.)), By Application (Automotive Batteries (HEV, PHEV, and EV), Industrial Batteries (Motive, Stationary (Telecom, UPS, Energy Storage Systems (ESS), etc.), Portable Batteries (Consumer Electronics, etc.), and Other Applications (Power Tools Batteries, SLI Batteries, etc.)), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Secondary batteries, also known as rechargeable batteries, are used to power portable electronic devices and electric cars. They are also an important part of the global energy storage market. Various rechargeable batteries are available, including lithium-ion, lead-acid, nickel-cadmium and nickel-hydrogen. Lithium-ion batteries are the most mature and popular secondary batteries in the market today, and they have excellent cycle stability and endurance performance.
Lithium-ion batteries are one of the most popular second-generation battery chemistries, and they are used in many portable electronic devices and electric vehicles. They are known for their high capacity and durability, as well as being environmentally friendly s they do not carry toxins like cadmium, lead, and mercury.
Market Dynamics:
The increasing demand for fuel-efficient and environmentally friendly vehicles is anticipated to fuel growth of the global secondary battery market. Increasing investments in battery technologies, such as flow cell batteries, are expected to provide new opportunities for the secondary battery industry in the future.
However, rising production costs, decreased lithium-ion battery prices, and environmental concerns are expected to hinder growth of the global secondary battery market over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global secondary battery market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global secondary battery market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include TianJin Lishen Battery Joint-Stock Co. Ltd., BYD Co. Ltd., Tesla Incorporation, Contemporary Amperex Technology Co. Limited, Showa Denko K.K., Duracell Inc., Samsung SDI, EnerSys, Saft Groupe SA, GS Yuasa Corporation, Panasonic Corporation, Clarios, and LG Chem Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global secondary battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global secondary battery market
- Global Secondary Battery Market, By Technology
- Lead-acid Battery
- Lithium-ion Battery
- Other Technologies
- NiMh
- NiCD
- Global Secondary Battery Market, By Application
- Automotive Batteries
- HEV
- PHEV
- EV
- Industrial Batteries
- Motive
- Stationary
- Telecom
- UPS
- Energy Storage Systems (ESS)
- Portable Batteries
- Consumer Electronics
- Other Applications
- Power Tools Batteries
- SLI Batteries
- Global Secondary Battery Market, By Geography
- North America
- Asia-Pacific
- Europe
- Middle East & Africa
- South America
- Company Profiles
- BYD Co. Ltd
- Contemporary Amperex Technology Co. Limited
- Duracell Inc.
- EnerSys
- GS Yuasa Corporation
- Clarios
- LG Chem Ltd
- Panasonic Corporation
- Saft Groupe SA
- Samsung SDI
- Showa Denko K.K.
- Tesla Incorporation
- TianJin Lishen Battery Joint-Stock Co. Ltd.
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Technology
- Market Snapshot, By Application
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Declining cost of lithium-ion battery
- Rise in adoption of Electric Vehicles
- Restraints
- Mismatch demand and supply of raw materials
- Stringent government regulations
- Opportunities
- Growing use of AI in research and development of batteries
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Secondary Battery Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Secondary Battery Market , By Technology, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Lead-acid Battery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Lithium-ion Battery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Other Technologies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- NiMh
- NiCD
- 6. Global Secondary Battery Market , By Application, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Automotive Batteries (HEV, PHEV, and EV)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Industrial Batteries (Motive, Stationary (Telecom, UPS, Energy Storage Systems (ESS), etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Portable Batteries (Consumer Electronics, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Other Applications (Power Tools Batteries, SLI Batteries, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- 7. Global Secondary Battery Market , By Region, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2017–2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Mn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Mn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Mn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Mn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Mn)
- 8. Competitive Landscape
- BYD Co. Ltd
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Contemporary Amperex Technology Co. Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Duracell Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- EnerSys
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- GS Yuasa Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Clarios
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- LG Chem Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Panasonic Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Saft Groupe SA
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Samsung SDI
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
- 9. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on “Secondary Battery Market” - Global forecast to 2030
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