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Growth Opportunities in Global Battery Market 2011-2016: Market Size, Market Share and Forecast Analysis
Lucintel, Feb 2011, Pages: 111
Global primary and secondary battery markets are expected to grow considerably due to rapid industrialization, GDP and economic growth in most of the developing and emerging nations. The recovery plans of most of the nations from the recent economic slowdown have given impetus to industrialization, thereby giving increased demand for batteries across the global markets. Tremendous growth opportunity exists for batteries in developing economies such as India and China on account of their higher GDP growth rates.
The demand for the secondary battery is expected to outperform the primary battery as the whole world is moving ahead towards rechargeable devices such as cell phones, digital cameras, portable entertainment devices, computing devices and electronic automobiles.
The growing market for the automobile sector shows a good potential for the secondary batteries. In China, the automobile sector is considerably growing and thus it is expected that the China would generate a good demand for batteries in the near future. At present, China and U.S. are two major economies having highest market share in the global battery market. According to Lucintel's report 'Growth Opportunities in Global Battery Market 2011-2016: Market Size, Market Share and Forecast Analysis' the market is expected to reach US $85.76 billion by 2016 with a CAGR of 7% over the next 5 yrs.
This unique report from Lucintel will provide you with valuable information, insights and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today's stringent economy, you need every advantage that you can find.
Features of This Report:
To make business, investment, or strategic decisions, you need timely and adequate information. This market report fulfills this core need and is an indispensable reference guide for multi-national material suppliers, product manufacturers, investors, executives, distributors and many more, who are dealing with this market. Some of the features of this market report are:
- Global battery market size and future potential
- Key battery manufacturers and their suppliers
- Global trend and forecast of battery market
- Trend and forecast of battery market by region, by application and by products
- Growth drivers and challenges for battery market
- Supply chain issues and challenges
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Lucintel's core competency is in market research and management consulting. In last 10 years, Lucintel has worked on hundreds of market research studies. Lucintel's market reports offer the following benefits:
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- It helps you make confident business decisions quickly.
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“Lucintel's has saved precious time and resources brought together in a concise and informative manner. The report clearly outlines the key markets and segments, but also highlights those with potential. This helps assist with decisions to cement our current position within our own market but also formulate long term strategies to realize the potential for global growth that can be achieved. The most detailed report of its nature in the market place at present.” Paul Everley, Peters & May Ltd.
'We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis.' Cesare Andrenacci – Ferretti Group
Who Can Benefit From This Report?
This study is intended for material suppliers, parts fabricators, OEMs, investors, executives and consultants. This multi-client market study from Lucintel is used by small to multi-national Fortune 500 companies and utilized for a variety of reasons as follows.
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