Global Battery Pack Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	180 Pages	TechNavio	May, 2024	INF18789215

Best Price Guarantee
Price	from $2,500
Length	180 Pages
Publisher	TechNavio
Published Date	May, 2024
SKU	INF18789215

Global Battery Pack Market 2024-2028

The battery pack market is forecasted to grow by USD 124.4 bn during 2023-2028, accelerating at a CAGR of 14.48% during the forecast period. The report on the battery pack market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in number of mergers and acquisitions by market vendors, rising demand for compact and high-performance battery packs, and increased deployment of iot devices.

Technavio's battery pack market is segmented as below:

By Application

Automotive
Industrial
Others

By Type

Lithium-ion (Li-ion)
Sodium-ion
Others

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the growth in renewable energy storage as one of the prime reasons driving the battery pack market growth during the next few years. Also, high availability of battery packs on online channels and demand for longer battery life in consumer electronic products will lead to sizable demand in the market.

The report on the battery pack market covers the following areas:

Battery pack market sizing
Battery pack market forecast
Battery pack market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading battery pack market vendors that include Berkshire Hathaway Inc., BYD Co. Ltd., CLARIOS LLC, Contemporary Amperex Technology Co. Ltd., East Penn Manufacturing Co. Inc., EnerSys, Eveready Industries India Ltd., Freudenberg and Co. KG, GS Yuasa International Ltd., Hitachi Ltd., Johnson Controls, Kabra Extrusiontechnik Ltd., Leoch International Technology Ltd., LG Electronics Inc., Nikola Corp., NIO Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Tesla Inc., Toshiba Corp., TotalEnergies SE, VARTA AG, and Wanxiang Group. Also, the battery pack market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by Application
  - Table Executive Summary – Chart on Market Segmentation by Type
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Global - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Global - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Global battery pack market 2018 - 2022
  - Table Historic Market Size – Data Table on global battery pack market 2018 - 2022 ($ billion)
- Application Segment Analysis 2018 - 2022
  - Table Historic Market Size – Application Segment 2018 - 2022 ($ billion)
- Type Segment Analysis 2018 - 2022
  - Table Historic Market Size – Type Segment 2018 - 2022 ($ billion)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
- Country Segment Analysis 2018 - 2022
  - Table Historic Market Size – Country Segment 2018 - 2022 ($ billion)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by Application
- Market segments
  - Table Chart on Application - Market share 2023-2028 (%)
  - Table Data Table on Application - Market share 2023-2028 (%)
- Comparison by Application
  - Table Chart on Comparison by Application
  - Table Data Table on Comparison by Application
- Automotive - Market size and forecast 2023-2028
  - Table Chart on Automotive - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Automotive - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Automotive - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Automotive - Year-over-year growth 2023-2028 (%)
- Industrial - Market size and forecast 2023-2028
  - Table Chart on Industrial - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Industrial - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Industrial - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Industrial - Year-over-year growth 2023-2028 (%)
- Others - Market size and forecast 2023-2028
  - Table Chart on Others - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Others - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Others - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Others - Year-over-year growth 2023-2028 (%)
- Market opportunity by Application
  - Table Market opportunity by Application ($ billion)
  - Table Data Table on Market opportunity by Application ($ billion)
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2023-2028 (%)
  - Table Data Table on Type - Market share 2023-2028 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- Lithium-ion (Li-ion) - Market size and forecast 2023-2028
  - Table Chart on Lithium-ion (Li-ion) - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Lithium-ion (Li-ion) - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Lithium-ion (Li-ion) - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Lithium-ion (Li-ion) - Year-over-year growth 2023-2028 (%)
- Sodium-ion - Market size and forecast 2023-2028
  - Table Chart on Sodium-ion - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Sodium-ion - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Sodium-ion - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Sodium-ion - Year-over-year growth 2023-2028 (%)
- Others - Market size and forecast 2023-2028
  - Table Chart on Others - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Others - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Others - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Others - Year-over-year growth 2023-2028 (%)
- Market opportunity by Type
  - Table Market opportunity by Type ($ billion)
  - Table Data Table on Market opportunity by Type ($ billion)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2023-2028 (%)
  - Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2023-2028
  - Table Chart on APAC - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on APAC - Year-over-year growth 2023-2028 (%)
  - Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
  - Table Chart on Europe - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Europe - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- North America - Market size and forecast 2023-2028
  - Table Chart on North America - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on North America - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on North America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
  - Table Chart on South America - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on South America - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on South America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023- 2028
  - Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
  - Table Chart on China - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on China - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on China - Year-over-year growth 2023-2028 (%)
  - Table Data Table on China - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
  - Table Chart on US - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on US - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on US - Year-over-year growth 2023-2028 (%)
  - Table Data Table on US - Year-over-year growth 2023-2028 (%)
- Japan - Market size and forecast 2023-2028
  - Table Chart on Japan - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Japan - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
- India - Market size and forecast 2023-2028
  - Table Chart on India - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on India - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on India - Year-over-year growth 2023-2028 (%)
  - Table Data Table on India - Year-over-year growth 2023-2028 (%)
- Germany - Market size and forecast 2023-2028
  - Table Chart on Germany - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Germany - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ billion)
  - Table Data Tables on Market opportunity by geography ($ billion)
Drivers, Challenges, and Trends
- Market drivers
  - Increase in number of mergers and acquisitions by market vendors
  - Rising demand for compact and high-performance battery packs
  - Increased deployment of IoT devices
- Market challenges
  - High costs associated with battery packs
  - Availability of alternative energy sources
  - Product recalls due to issues in battery packs
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Growth in renewable energy storage
  - High availability of battery packs on online channels
  - Demand for longer battery life in consumer electronic products
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- BYD Co. Ltd.
  - Table BYD Co. Ltd. - Overview
  - Table BYD Co. Ltd. - Business segments
  - Table BYD Co. Ltd. - Key offerings
  - Table BYD Co. Ltd. - Segment focus
- Contemporary Amperex Technology Co. Ltd.
  - Table Contemporary Amperex Technology Co. Ltd. - Overview
  - Table Contemporary Amperex Technology Co. Ltd. - Product / Service
  - Table Contemporary Amperex Technology Co. Ltd. - Key offerings
- East Penn Manufacturing Co. Inc.
  - Table East Penn Manufacturing Co. Inc. - Overview
  - Table East Penn Manufacturing Co. Inc. - Product / Service
  - Table East Penn Manufacturing Co. Inc. - Key offerings
- EnerSys
  - Table EnerSys - Overview
  - Table EnerSys - Business segments
  - Table EnerSys - Key offerings
  - Table EnerSys - Segment focus
- Freudenberg and Co. KG
  - Table Freudenberg and Co. KG - Overview
  - Table Freudenberg and Co. KG - Business segments
  - Table Freudenberg and Co. KG - Key news
  - Table Freudenberg and Co. KG - Key offerings
  - Table Freudenberg and Co. KG - Segment focus
- GS Yuasa International Ltd.
  - Table GS Yuasa International Ltd. - Overview
  - Table GS Yuasa International Ltd. - Business segments
  - Table GS Yuasa International Ltd. - Key offerings
  - Table GS Yuasa International Ltd. - Segment focus
- Hitachi Ltd.
  - Table Hitachi Ltd. - Overview
  - Table Hitachi Ltd. - Business segments
  - Table Hitachi Ltd. - Key news
  - Table Hitachi Ltd. - Key offerings
  - Table Hitachi Ltd. - Segment focus
- Johnson Controls
  - Table Johnson Controls - Overview
  - Table Johnson Controls - Business segments
  - Table Johnson Controls - Key news
  - Table Johnson Controls - Key offerings
  - Table Johnson Controls - Segment focus
- Leoch International Technology Ltd.
  - Table Leoch International Technology Ltd. - Overview
  - Table Leoch International Technology Ltd. - Product / Service
  - Table Leoch International Technology Ltd. - Key offerings
- LG Electronics Inc.
  - Table LG Electronics Inc. - Overview
  - Table LG Electronics Inc. - Product / Service
  - Table LG Electronics Inc. - Key offerings
- Panasonic Holdings Corp.
  - Table Panasonic Holdings Corp. - Overview
  - Table Panasonic Holdings Corp. - Product / Service
  - Table Panasonic Holdings Corp. - Key news
  - Table Panasonic Holdings Corp. - Key offerings
- Samsung Electronics Co. Ltd.
  - Table Samsung Electronics Co. Ltd. - Overview
  - Table Samsung Electronics Co. Ltd. - Business segments
  - Table Samsung Electronics Co. Ltd. - Key news
  - Table Samsung Electronics Co. Ltd. - Key offerings
  - Table Samsung Electronics Co. Ltd. - Segment focus
- Tesla Inc.
  - Table Tesla Inc. - Overview
  - Table Tesla Inc. - Business segments
  - Table Tesla Inc. - Key news
  - Table Tesla Inc. - Key offerings
  - Table Tesla Inc. - Segment focus
- Toshiba Corp.
  - Table Toshiba Corp. - Overview
  - Table Toshiba Corp. - Business segments
  - Table Toshiba Corp. - Key news
  - Table Toshiba Corp. - Key offerings
  - Table Toshiba Corp. - Segment focus
- TotalEnergies SE
  - Table TotalEnergies SE - Overview
  - Table TotalEnergies SE - Business segments
  - Table TotalEnergies SE - Key news
  - Table TotalEnergies SE - Key offerings
  - Table TotalEnergies SE - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations