Market Research

Secondary Battery Market Size - By Technology, By Type, By Application, By Industry Vertical - Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Best Price Guarantee Length Publisher Published Date SKU
from $4,250 229 Pages SPER Market Research Pvt. Ltd. November, 2022 SPER17987009
Best Price Guarantee
Price from $4,250
Length 229 Pages
Publisher SPER Market Research Pvt. Ltd.
Published Date November, 2022
SKU SPER17987009

Secondary Battery Market Size - By Technology, By Type, By Application, By Industry Vertical - Regional Outlook, Competitive Strategies and Segment Forecasts to 2032


Global Secondary Battery Market Overview:

According to SPER Market Research, the Global Secondary Battery Market is estimated to reach USD 289.96 billion by 2032 with a CAGR of 10.4%.

Secondary batteries may be charged and discharged. They are often referred to as storage batteries or charge accumulators. The cell processes in this cell—or combination of cells—are reversible. By introducing current into the cell, or by charging it from an external source, the cell's original chemical conditions can be restored. Nickel Metal Hydride, Lithium, and Lead Acid batteries make up secondary batteries (NIMH). These parts of the secondary battery are both environmentally benign and incredibly cost-effective in the long term. The selling of secondary batteries and related services that are used in motor vehicles, electronics, portable devices, and emergency lighting sources is a part of the secondary battery market.

Impact of COVID-19 on the Global Secondary Battery Market

Many sectors have been badly impacted by the corona virus epidemic. Both the production process and the availability of raw materials have been halted as a result. The secondary battery market is likewise being impacted by all of these issues. Additionally, the market is significantly influenced by the electric car industry, although even the automobile industry has been constrained by the pandemic's reduction in disposable income.

Scope of the Report:

Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032

Segments covered By Technology, By Type, By Application, By Industry Vertical

Regions covered North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Companies Covered AC Delco, Advanced Battery Technologies Inc., Amperex Technologies Ltd., Aquion Energy, Battery Technology Inc., Beckett Energy Systems, BYD Company Ltd., Delphi, DESAY, East Penn Manufacturing, Energizer Holdings Inc., Enersys, Exide Technologies, GS Yuasa, Johnson Controls, LG Chem Co. Ltd., Panasonic Corporation, PowerGenix, Rivolt Technologies, Samsung SDI Co. Ltd., Xupai Power Co. Ltd.

Global Secondary Battery Market Segmentation:

By Technology: Based on the Technology, Global Secondary Battery Market is segmented as; Lead-acid Secondary Battery, Lithium-ion Secondary Battery, Other Technologies.

By Type: Based on the Type, Global Secondary Battery Market is segmented as; Lead Acid, Lithium-ion (Li-ion), Nickle Metal Hydride, Others.

By Application: Based on the Application, Global Secondary Battery Market is segmented as; Electronics, Industrial Batteries, Motor Vehicles, Portable Devices, Others.

By Industrial Vertical: Based on the Industrial Vertical, Global Secondary Battery Market is segmented as; Automotive, Chemical & Petrochemical, Energy & Power, Oil & Gas, Others.

By Region: China and India are anticipated to be major investment hotspots for secondary battery companies in the coming years due to policy-level support from the governments for both renewables and EVs and a growing middle-class population creating demand for consumer electronics. The Asia-Pacific region has multiple growing economies with significant natural and human resources. India has seen a rise in domestic battery production as a result of the government's emphasis on e-mobility. The Indian government wants to have 30% of its vehicles be electric.


1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Secondary Battery Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Global Secondary Battery Market, By Technology, 2019-2032 (USD Million)
6.1. Lead-acid Secondary Battery
6.2. Lithium-ion Secondary Battery
6.3. Other Technologies
7. Global Secondary Battery Market, By Type, 2019-2032 (USD Million)
7.1. Lead Acid
7.2. Lithium-ion (Li-ion)
7.3. Nickle Metal Hydride
7.4. Others
8. Global Secondary Battery Market, By Application, 2019-2032 (USD Million)
8.1. Electronics
8.2. Industrial Batteries
8.3. Motor Vehicles
8.4. Portable Devices
8.5. Others
9. Global Secondary Battery Market, By Industry Vertical, 2019-2032 (USD Million)
9.1. Automotive
9.2. Chemical & Petrochemical
9.3. Energy & Power
9.4. Oil & Gas
9.5. Others
10. Global Secondary Battery Market, By Region, 2019-2032 (USD Million)
10.1 North America
10.1.1 United States
10.1.2 Canada
10.1.3 Mexico
10.2 Europe
10.2.1 Germany
10.2.2 United Kingdom
10.2.3 France
10.2.4 Italy
10.2.5 Spain
10.2.6 Rest of Europe
10.3 Asia-Pacific
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 Australia
10.3.5 South Korea
10.3.6 Rest of Asia-Pacific
10.4 South America
10.4.1 Brazil
10.4.2 Argentina
10.4.3 Rest of South America
10.5 Middle East & Africa
10.5.1 Kingdom of Saudi Arabia
10.5.2 United Arab Emirates
10.5.3 Rest of Middle East & Africa
11. Company Profiles
11.1 AC Delco
11.1.1 Company details
11.1.2 Financial outlook
11.1.3 Product summary
11.1.4 Recent developments
11.2 Advanced Battery Technologies Inc.
11.2.1 Company details
11.2.2 Financial outlook
11.2.3 Product summary
11.2.4 Recent developments
11.3 Amperex Technologies Ltd.
11.3.1 Company details
11.3.2 Financial outlook
11.3.3 Product summary
11.3.4 Recent developments
11.4 Aquion Energy
11.4.1 Company details
11.4.2 Financial outlook
11.4.3 Product summary
11.4.4 Recent developments
11.5 Battery Technology Inc.
11.5.1 Company details
11.5.2 Financial outlook
11.5.3 Product summary
11.5.4 Recent developments
11.6 Beckett Energy Systems
11.6.1 Company details
11.6.2 Financial outlook
11.6.3 Product summary
11.6.4 Recent developments
11.7 BYD Company Ltd.
11.7.1 Company details
11.7.2 Financial outlook
11.7.3 Product summary
11.7.4 Recent developments
11.8 Delphi
11.8.1 Company details
11.8.2 Financial outlook
11.8.3 Product summary
11.8.4 Recent developments
11.9 DESAY
11.9.1 Company details
11.9.2 Financial outlook
11.9.3 Product summary
11.9.4 Recent developments
11.10 East Penn Manufacturing
11.10.1 Company details
11.10.2 Financial outlook
11.10.3 Product summary
11.10.4 Recent developments
11.11 Energizer Holdings Inc.
11.11.1 Company details
11.11.2 Financial outlook
11.11.3 Product summary
11.11.4 Recent developments
11.12 Enersys
11.12.1 Company details
11.12.2 Financial outlook
11.12.3 Product summary
11.12.4 Recent developments
11.13 Exide Technologies
11.13.1 Company details
11.13.2 Financial outlook
11.13.3 Product summary
11.13.4 Recent developments
11.14 GS Yuasa
11.14.1 Company details
11.14.2 Financial outlook
11.14.3 Product summary
11.14.4 Recent developments
11.15 Johnson Controls
11.15.1 Company details
11.15.2 Financial outlook
11.15.3 Product summary
11.15.4 Recent developments
11.16 LG Chem Co. Ltd.
11.16.1 Company details
11.16.2 Financial outlook
11.16.3 Product summary
11.16.4 Recent developments
11.17 Panasonic Corporation
11.17.1 Company details
11.17.2 Financial outlook
11.17.3 Product summary
11.17.4 Recent developments
11.18 PowerGenix
11.18.1 Company details
11.18.2 Financial outlook
11.18.3 Product summary
11.18.4 Recent developments
11.19 Rivolt Technologies
11.19.1 Company details
11.19.2 Financial outlook
11.19.3 Product summary
11.19.4 Recent developments
11.20 Samsung SDI Co. Ltd.
11.20.1 Company details
11.20.2 Financial outlook
11.20.3 Product summary
11.20.4 Recent developments
11.21 Xupai Power Co. Ltd.
11.21.1 Company details
11.21.2 Financial outlook
11.21.3 Product summary
11.21.4 Recent developments

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