Global Batteries by Product and Market, 11th Edition
Global demand for batteries is forecast to grow 9.8% per year to $141 billion in 2022. Rapid expansion in emerging applications – particularly electric vehicles and grid storage – will spur strong growth worldwide.
The report covers battery demand by product, market, and region. Battery demand and production are presented in US dollars.
Markets for batteries include:
Automotive, which is further segmented into OEM and aftermarket
Consumer, which is further segmented into OEM and replacement
Industrial and Other Markets, including grid storage, other motive power, and various other applications
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 2007, 2012, and 2017 for demand, production, and net exports, with forecasts for 2022. Historical market volatility is also addressed. Data are provided in million dollars. Also included is an analysis of the key industry players and their global market shares.
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