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Rechargeable Batteries - Global Strategic Business Report

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    Report

  • 313 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338397

Global Rechargeable Batteries Market to Reach $130.8 Billion by 2030

The global market for Rechargeable Batteries estimated at US$93.3 Billion in the year 2022, is projected to reach a revised size of US$130.8 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030. Lead Acid, one of the segments analyzed in the report, is projected to record a -4.8% CAGR and reach US$30.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Lithium-Ion segment is readjusted to a revised 10.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $25.4 Billion, While China is Forecast to Grow at 7% CAGR

The Rechargeable Batteries market in the U.S. is estimated at US$25.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$26.8 Billion by the year 2030 trailing a CAGR of 7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$18.2 Billion by the year 2030.

Select Competitors (Total 286 Featured) -

  • Battery Technology Inc.
  • Beckett Energy Systems
  • BYD Company Ltd.
  • Duracell Inc.
  • EaglePicher Technologies, LLC
  • Energizer Holdings, Inc.
  • E-One Moli Energy Corp.
  • Eveready Industries India Ltd.
  • FDK Corp.
  • GS Yuasa Corp.
  • Highpower International Inc.
  • Jiangmen TWD Technology Co., Ltd.
  • Johnson Controls International Plc
  • LG Chem
  • Maxell Holdings, Ltd.
  • Panasonic Corp.
  • Saft Groupe S.A.
  • Samsung SDI Co. Ltd.
  • Spectrum Brands, Inc.
  • Tohoku Murata Manufacturing Co., Ltd.
  • Ultralife Corp.
  • VARTA Consumer Batteries GmbH & Co. KGaA


What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Rechargeable Batteries

What is the estimated value of the Global Market for Rechargeable Batteries?

The Global Market for Rechargeable Batteries was estimated to be valued at $93.3 Billion in 2022.

What is the growth rate of the Global Market for Rechargeable Batteries?

The growth rate of the Global Market for Rechargeable Batteries is 4.3%, with an estimated value of $130.8 Billion by 2030.

What is the forecasted size of the Global Market for Rechargeable Batteries?

The Global Market for Rechargeable Batteries is estimated to be worth $130.8 Billion by 2030.

Who are the key companies in the Global Market for Rechargeable Batteries?

Key companies in the Global Market for Rechargeable Batteries include Battery Technology Inc., Beckett Energy Systems, BYD Company Ltd., Duracell Inc., EaglePicher Technologies, LLC, Energizer Holdings, Inc., E, One Moli Energy Corp., Eveready Industries India Ltd. and FDK Corp..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • A Quick Primer
  • Recent Market Activity
  • Improving Economy Buoys General Market Optimism
  • Years 2016 and 2017 in Retrospect
  • 2018 Global Economic Outlook
  • Current and Future Analysis
  • Review of Demographic Trends
  • Rapidly Growing Urban Population Create Fertile Environment for Market Expansion
  • Burgeoning Middle Class Population Extends Large-Scale Opportunities
  • Rising Standards of Living Fuel Market Expansion
  • Lithium-Ion Batteries to Drive Future Growth
  • Industrial and Consumer Electronics Segment Keeps NiMH Battery Market Buoyant
  • Global Battery Sector Attracts Higher Investments
  • Li-Ion Batteries See Increased Investments
  • Rechargeable Batteries - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
  • Battery Technology Inc. (USA)
  • Beckett Energy Systems (USA)
  • BYD Company Ltd. (China)
  • Duracell Inc. (USA)
  • EaglePicher Technologies, LLC (USA)
  • Energizer Holdings, Inc. (USA)
  • E-One Moli Energy Corp. (Taiwan)
  • Eveready Industries India Ltd. (India)
  • FDK Corporation (Japan)
  • GPB International Limited (Hong Kong)
  • GS Yuasa Corporation (Japan)
  • Highpower International Inc. (China)
  • Jiangmen TWD Technology Co., Ltd. (China)
  • Johnson Controls International Plc (Ireland)
  • LG Chem (South Korea)
  • Maxell Holdings, Ltd. (Japan)
  • Panasonic Corporation (Japan)
  • Saft Groupe S.A. (France)
  • Samsung SDI Co. Ltd. (South Korea)
  • Spectrum Brands, Inc. (USA)
  • VARTA Consumer Batteries GmbH & Co. KgaA (Germany)
  • TCL Hyperpower Batteries, Inc. (China)
  • Tohoku Murata Manufacturing Co., Ltd. (Japan)
  • Ultralife Corporation (USA)
3. MARKET TRENDS & DRIVERS
  • Rechargeable Batteries: The Out and Out Driver for Lithium Industry
  • Lithium Batteries - Undeterred Growth
  • Widening Applications Spur Growth for Li-Ion Batteries
  • Existing and Emerging Applications of Lithium-Ion Batteries
  • Battery Makers Tuning Energies for the Booming Digital World
  • LiB Prices to Soften
  • Ongoing Researches for Finding Replacement of Lithium in Batteries
  • Pushing Li-S Battery Technology as a Cheaper Alternative to Li-ion Chemistry
  • Nano-Enabled Batteries Set to Grow
  • Types of Nano-Enabled Batteries and Applications
  • Futuristic Curved Batteries Gaining Heightened Attention
  • Demand for Rechargeable Battery-Use Elecfoil Poised to Grow
  • NiCd Battery Demand on Decline
  • NiMH - A Mature Technology, Yet Strong in Consumer Applications
  • Large Scale Manufacturers Hinder Growth of Small Scale Players
  • Manufacturers Resort to Continuous Innovation to Stay Afloat
  • Existing Chemistries Face Increased Competition from Latest Battery Chemistries
  • Ready-to-Use Rechargeable Batteries - Set to Create a Revolution
  • Super Charge Ion Battery (SCiB) - A Threat to Li-Ion Battery
  • Asia-Pacific - Dominating the Lithium-ion Battery Production
  • Advanced Batteries Sector - An Overview
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Rechargeable Batteries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Rechargeable Batteries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Rechargeable Batteries by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Lithium-Ion by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Lithium-Ion by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Lithium-Ion by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Other Battery Chemistries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Other Battery Chemistries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Other Battery Chemistries by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Lead Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Lead Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Lead Acid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Consumer Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Consumer Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 18: World 16-Year Perspective for Consumer Electronics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 21: World 16-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 24: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 25: World Rechargeable Batteries Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Rechargeable Batteries Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Rechargeable Batteries Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Rechargeable Batteries Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Rechargeable Batteries Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Rechargeable Batteries Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Rechargeable Batteries Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Rechargeable Batteries Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Rechargeable Batteries Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
AUSTRALIA
  • Rechargeable Batteries Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Rechargeable Batteries Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Rechargeable Batteries Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Rechargeable Batteries Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Rechargeable Batteries Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Battery Technology Inc.
  • Beckett Energy Systems
  • BYD Company Ltd.
  • Duracell Inc.
  • EaglePicher Technologies, LLC
  • Energizer Holdings, Inc.
  • E-One Moli Energy Corp.
  • Eveready Industries India Ltd.
  • FDK Corp.
  • GS Yuasa Corp.
  • Highpower International Inc.
  • Jiangmen TWD Technology Co., Ltd.
  • Johnson Controls International Plc
  • LG Chem
  • Maxell Holdings, Ltd.
  • Panasonic Corp.
  • Saft Groupe S.A.
  • Samsung SDI Co. Ltd.
  • Spectrum Brands, Inc.
  • Tohoku Murata Manufacturing Co., Ltd.
  • Ultralife Corp.
  • VARTA Consumer Batteries GmbH & Co. KGaA