Secondary Battery Market Size - By Technology, By Type, By Application, By Industry Vertical - Regional Outlook, Competitive Strategies and Segment Forecasts to 2032
Description
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.
Table of Contents
229 Pages
- 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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