Global Batteries

Global Batteries with Covid-19 Market Impact Analysis

Global demand for batteries is forecast to increase 8.1% per year to $156 billion in 2024. Growth will be driven by rising demand for high-value batteries in hybrid and electric vehicles. Expanding demand for batteries in consumer products and industrial applications will further contribute to gains.

The report covers battery demand by product, market, and region. Demand, production, and net exports are presented in US dollar terms.

Demand by product is presented for:
Primary batteries
Alkaline
Zinc-carbon
Primary lithium
Other primary batteries (zinc-air, silver-oxide, etc.)
Secondary batteries
Lead-acid
Lithium-ion
Nickel-based
Other secondary batteries

Battery markets include:
Automotive
Consumer
Other markets (e.g., motive power, industrial backup power, energy storage)

Demand by is presented for 16 countries in the following regions:
North America
Central and South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast

Scope of the Report
This report covers the scope, size, and growth of the global battery market, including key trends in products, markets, and regions. Historical data are provided for 2009, 2014, and 2019 for demand, production, and net exports, with forecasts for 2024. Historical market volatility is also addressed. Data are provided in US dollars. Demand totals at the country level are also presented in local currency terms. Also included is an analysis of key industry players and their global market shares.