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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

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 (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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

Table Information