Global Secondary Battery Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	182 Pages	TechNavio	March, 2024	INF18674266

Best Price Guarantee
Price	from $2,500
Length	182 Pages
Publisher	TechNavio
Published Date	March, 2024
SKU	INF18674266

Global Secondary Battery Market 2024-2028

The secondary battery market is forecasted to grow by USD 91.79 bn during 2023-2028, accelerating at a CAGR of 13.7% during the forecast period. The report on the secondary battery 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 decline in lithium-ion battery costs, technological advancements in battery chemistry, and rising focus on renewable power generation.

Technavio's secondary battery market is segmented as below:

By Technology

Lead-acid
Lithium-ion
Others

By Application

Automotive batteries
Industrial batteries
Portable batteries
Others

By Geographical Landscape

APAC
Europe
North America
Middle East and Africa
South America

This study identifies the development of advanced lead-based secondary batteries as one of the prime reasons driving the secondary battery market growth during the next few years. Also, revision in standards of secondary batteries and growing number of microgrid installations will lead to sizable demand in the market.

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

Secondary battery market sizing
Secondary battery market forecast
Secondary battery 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 secondary battery market vendors that include Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH, Brookfield Business Partners LP, BYD Co. Ltd., Contemporary Amperex Technology Co. Ltd., East Penn Manufacturing Co. Inc., EEMB, EnerSys, Exide Technologies, Furukawa Electric Co. Ltd., GS Yuasa International Ltd., Hitachi Ltd., Leoch International Technology Ltd., LG Corp., Lithium Battery Co., Murata Manufacturing Co. Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Shenzhen GMCELL Technology Co. Ltd., Stellantis NV, Tesla Inc., Tata Sons Pvt. Ltd., TianJin Lishen Battery Joint Stock Co. Ltd., TotalEnergies SE, Toyota Motor Corp., and U.S. Battery Manufacturing Co.. Also, the secondary battery 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 Technology
  - Table Executive Summary – Chart on Market Segmentation by Application
  - 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 secondary battery market 2018 - 2022
  - Table Historic Market Size – Data Table on global secondary battery market 2018 - 2022 ($ billion)
- Technology Segment Analysis 2018 - 2022
  - Table Historic Market Size – Technology Segment 2018 - 2022 ($ billion)
- Application Segment Analysis 2018 - 2022
  - Table Historic Market Size – Application 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 Technology
- Market segments
  - Table Chart on Technology - Market share 2023-2028 (%)
  - Table Data Table on Technology - Market share 2023-2028 (%)
- Comparison by Technology
  - Table Chart on Comparison by Technology
  - Table Data Table on Comparison by Technology
- Lead-acid - Market size and forecast 2023-2028
  - Table Chart on Lead-acid - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Lead-acid - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Lead-acid - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Lead-acid - Year-over-year growth 2023-2028 (%)
- Lithium-ion - Market size and forecast 2023-2028
  - Table Chart on Lithium-ion - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Lithium-ion - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Lithium-ion - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Lithium-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 Technology
  - Table Market opportunity by Technology ($ billion)
  - Table Data Table on Market opportunity by Technology ($ billion)
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 batteries - Market size and forecast 2023- 2028
  - Table Chart on Automotive batteries - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Automotive batteries - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Automotive batteries - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Automotive batteries - Year-over-year growth 2023-2028 (%)
- Industrial batteries - Market size and forecast 2023-2028
  - Table Chart on Industrial batteries - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Industrial batteries - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Industrial batteries - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Industrial batteries - Year-over-year growth 2023-2028 (%)
- Portable batteries - Market size and forecast 2023-2028
  - Table Chart on Portable batteries - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Portable batteries - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Portable batteries - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Portable batteries - 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)
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 (%)
- 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 (%)
- 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 (%)
- 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 (%)
- 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 (%)
- UK - Market size and forecast 2023-2028
  - Table Chart on UK - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on UK - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on UK - Year-over-year growth 2023-2028 (%)
  - Table Data Table on UK - 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
  - Decline in lithium-ion battery costs
  - Technological advancements in battery chemistry
  - Rising focus on renewable power generation
- Market challenges
  - Operational and environmental issues associated with lead-acid batteries
  - Concerns associated with recycling and end-of-life management of secondary batteries
  - Growing competition from fuel cells
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Development of advanced lead-based secondary batteries
  - Revision in standards of secondary batteries
  - Growing number of microgrid installations
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
- Brookfield Business Partners LP
  - Table Brookfield Business Partners LP - Overview
  - Table Brookfield Business Partners LP - Business segments
  - Table Brookfield Business Partners LP - Key offerings
  - Table Brookfield Business Partners LP - Segment focus
- 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
- 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
- EEMB
  - Table EEMB - Overview
  - Table EEMB - Product / Service
  - Table EEMB - Key offerings
- Exide Technologies
  - Table Exide Technologies - Overview
  - Table Exide Technologies - Product / Service
  - Table Exide Technologies - Key offerings
- Furukawa Electric Co. Ltd.
  - Table Furukawa Electric Co. Ltd. - Overview
  - Table Furukawa Electric Co. Ltd. - Product / Service
  - Table Furukawa Electric Co. Ltd. - Key offerings
- 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
- 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 Corp.
  - Table LG Corp. - Overview
  - Table LG Corp. - Business segments
  - Table LG Corp. - Key offerings
  - Table LG Corp. - Segment focus
- Murata Manufacturing Co. Ltd.
  - Table Murata Manufacturing Co. Ltd. - Overview
  - Table Murata Manufacturing Co. Ltd. - Business segments
  - Table Murata Manufacturing Co. Ltd. - Key news
  - Table Murata Manufacturing Co. Ltd. - Key offerings
  - Table Murata Manufacturing Co. Ltd. - Segment focus
- Panasonic Holdings Corp.
  - Table Panasonic Holdings Corp. - Overview
  - Table Panasonic Holdings Corp. - Business segments
  - Table Panasonic Holdings Corp. - Key news
  - Table Panasonic Holdings Corp. - Key offerings
  - Table Panasonic Holdings Corp. - Segment focus
- 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
- 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