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Secondary Battery Market 2024-2028

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    Report

  • 182 Pages
  • March 2024
  • Region: Global
  • TechNavio
  • ID: 4990308
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The secondary battery market is forecasted to grow by USD 91.79 bn during 2023-2028, accelerating at a CAGR of 13.7% during the forecast period. The report on the secondary battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by decline in lithium-ion battery costs, technological advancements in battery chemistry, and rising focus on renewable power generation.

The secondary battery market is segmented as below:

By Technology

  • Lead-acid
  • Lithium-ion
  • Others

By Application

  • Automotive batteries
  • Industrial batteries
  • Portable batteries
  • Others

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the development of advanced lead-based secondary batteries as one of the prime reasons driving the secondary battery market growth during the next few years. Also, revision in standards of secondary batteries and growing number of microgrid installations will lead to sizable demand in the market.

The report on the secondary battery market covers the following areas:

  • Secondary battery market sizing
  • Secondary battery market forecast
  • Secondary battery market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading secondary battery market vendors that include Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH, Brookfield Business Partners LP, BYD Co. Ltd., Contemporary Amperex Technology Co. Ltd., East Penn Manufacturing Co. Inc., EEMB, EnerSys, Exide Technologies, Furukawa Electric Co. Ltd., GS Yuasa International Ltd., Hitachi Ltd., Leoch International Technology Ltd., LG Corp., Lithium Battery Co., Murata Manufacturing Co. Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Shenzhen GMCELL Technology Co. Ltd., Stellantis NV, Tesla Inc., Tata Sons Pvt. Ltd., TianJin Lishen Battery Joint Stock Co. Ltd., TotalEnergies SE, Toyota Motor Corp., and U.S. Battery Manufacturing Co.. Also, the secondary battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global secondary battery market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global secondary battery market 2018 - 2022 ($ billion)
4.2 Technology Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Technology Segment 2018 - 2022 ($ billion)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Technology
6.1 Market segments
Exhibit 30: Chart on Technology - Market share 2023-2028 (%)
Exhibit 31: Data Table on Technology - Market share 2023-2028 (%)
6.2 Comparison by Technology
Exhibit 32: Chart on Comparison by Technology
Exhibit 33: Data Table on Comparison by Technology
6.3 Lead-acid - Market size and forecast 2023-2028
Exhibit 34: Chart on Lead-acid - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Lead-acid - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Lead-acid - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Lead-acid - Year-over-year growth 2023-2028 (%)
6.4 Lithium-ion - Market size and forecast 2023-2028
Exhibit 38: Chart on Lithium-ion - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Lithium-ion - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Lithium-ion - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Lithium-ion - Year-over-year growth 2023-2028 (%)
6.5 Others - Market size and forecast 2023-2028
Exhibit 42: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Technology
Exhibit 46: Market opportunity by Technology ($ billion)
Exhibit 47: Data Table on Market opportunity by Technology ($ billion)
7 Market Segmentation by Application
7.1 Market segments
Exhibit 48: Chart on Application - Market share 2023-2028 (%)
Exhibit 49: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 50: Chart on Comparison by Application
Exhibit 51: Data Table on Comparison by Application
7.3 Automotive batteries - Market size and forecast 2023-2028
Exhibit 52: Chart on Automotive batteries - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Automotive batteries - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Automotive batteries - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Automotive batteries - Year-over-year growth 2023-2028 (%)
7.4 Industrial batteries - Market size and forecast 2023-2028
Exhibit 56: Chart on Industrial batteries - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Industrial batteries - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Industrial batteries - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Industrial batteries - Year-over-year growth 2023-2028 (%)
7.5 Portable batteries - Market size and forecast 2023-2028
Exhibit 60: Chart on Portable batteries - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Portable batteries - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Portable batteries - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Portable batteries - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
Exhibit 64: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 66: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Application
Exhibit 68: Market opportunity by Application ($ billion)
Exhibit 69: Data Table on Market opportunity by Application ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
Exhibit 111: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 112: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 113: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ billion)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 Brookfield Business Partners LP
Exhibit 123: Brookfield Business Partners LP - Overview
Exhibit 124: Brookfield Business Partners LP - Business segments
Exhibit 125: Brookfield Business Partners LP - Key offerings
Exhibit 126: Brookfield Business Partners LP - Segment focus
12.4 BYD Co. Ltd.
Exhibit 127: BYD Co. Ltd. - Overview
Exhibit 128: BYD Co. Ltd. - Business segments
Exhibit 129: BYD Co. Ltd. - Key offerings
Exhibit 130: BYD Co. Ltd. - Segment focus
12.5 East Penn Manufacturing Co. Inc.
Exhibit 131: East Penn Manufacturing Co. Inc. - Overview
Exhibit 132: East Penn Manufacturing Co. Inc. - Product / Service
Exhibit 133: East Penn Manufacturing Co. Inc. - Key news
Exhibit 134: East Penn Manufacturing Co. Inc. - Key offerings
12.6 EEMB
Exhibit 135: EEMB - Overview
Exhibit 136: EEMB - Product / Service
Exhibit 137: EEMB - Key offerings
12.7 Exide Technologies
Exhibit 138: Exide Technologies - Overview
Exhibit 139: Exide Technologies - Product / Service
Exhibit 140: Exide Technologies - Key news
Exhibit 141: Exide Technologies - Key offerings
12.8 Furukawa Electric Co. Ltd.
Exhibit 142: Furukawa Electric Co. Ltd. - Overview
Exhibit 143: Furukawa Electric Co. Ltd. - Product / Service
Exhibit 144: Furukawa Electric Co. Ltd. - Key offerings
12.9 GS Yuasa International Ltd.
Exhibit 145: GS Yuasa International Ltd. - Overview
Exhibit 146: GS Yuasa International Ltd. - Business segments
Exhibit 147: GS Yuasa International Ltd. - Key offerings
Exhibit 148: GS Yuasa International Ltd. - Segment focus
12.10 Hitachi Ltd.
Exhibit 149: Hitachi Ltd. - Overview
Exhibit 150: Hitachi Ltd. - Business segments
Exhibit 151: Hitachi Ltd. - Key news
Exhibit 152: Hitachi Ltd. - Key offerings
Exhibit 153: Hitachi Ltd. - Segment focus
12.11 Leoch International Technology Ltd.
Exhibit 154: Leoch International Technology Ltd. - Overview
Exhibit 155: Leoch International Technology Ltd. - Product / Service
Exhibit 156: Leoch International Technology Ltd. - Key offerings
12.12 LG Corp.
Exhibit 157: LG Corp. - Overview
Exhibit 158: LG Corp. - Business segments
Exhibit 159: LG Corp. - Key offerings
Exhibit 160: LG Corp. - Segment focus
12.13 Murata Manufacturing Co. Ltd.
Exhibit 161: Murata Manufacturing Co. Ltd. - Overview
Exhibit 162: Murata Manufacturing Co. Ltd. - Business segments
Exhibit 163: Murata Manufacturing Co. Ltd. - Key news
Exhibit 164: Murata Manufacturing Co. Ltd. - Key offerings
Exhibit 165: Murata Manufacturing Co. Ltd. - Segment focus
12.14 Panasonic Holdings Corp.
Exhibit 166: Panasonic Holdings Corp. - Overview
Exhibit 167: Panasonic Holdings Corp. - Business segments
Exhibit 168: Panasonic Holdings Corp. - Key news
Exhibit 169: Panasonic Holdings Corp. - Key offerings
Exhibit 170: Panasonic Holdings Corp. - Segment focus
12.15 Samsung Electronics Co. Ltd.
Exhibit 171: Samsung Electronics Co. Ltd. - Overview
Exhibit 172: Samsung Electronics Co. Ltd. - Business segments
Exhibit 173: Samsung Electronics Co. Ltd. - Key news
Exhibit 174: Samsung Electronics Co. Ltd. - Key offerings
Exhibit 175: Samsung Electronics Co. Ltd. - Segment focus
12.16 Tesla Inc.
Exhibit 176: Tesla Inc. - Overview
Exhibit 177: Tesla Inc. - Business segments
Exhibit 178: Tesla Inc. - Key news
Exhibit 179: Tesla Inc. - Key offerings
Exhibit 180: Tesla Inc. - Segment focus
12.17 TotalEnergies SE
Exhibit 181: TotalEnergies SE - Overview
Exhibit 182: TotalEnergies SE - Business segments
Exhibit 183: TotalEnergies SE - Key news
Exhibit 184: TotalEnergies SE - Key offerings
Exhibit 185: TotalEnergies SE - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 186: Inclusions checklist
Exhibit 187: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 188: Currency conversion rates for US$
13.4 Research methodology
Exhibit 189: Research methodology
Exhibit 190: Validation techniques employed for market sizing
Exhibit 191: Information sources
13.5 List of abbreviations
Exhibit 192: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Technology
Exhibits 6: Executive Summary - Chart on Market Segmentation by Application
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Historic Market Size - Data Table on global secondary battery market 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Technology Segment 2018 - 2022 ($ billion)
Exhibits 20: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Technology - Market share 2023-2028 (%)
Exhibits 31: Data Table on Technology - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Technology
Exhibits 33: Data Table on Comparison by Technology
Exhibits 34: Chart on Lead-acid - Market size and forecast 2023-2028 ($ billion)
Exhibits 35: Data Table on Lead-acid - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Chart on Lead-acid - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Lead-acid - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Lithium-ion - Market size and forecast 2023-2028 ($ billion)
Exhibits 39: Data Table on Lithium-ion - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Chart on Lithium-ion - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Lithium-ion - Year-over-year growth 2023-2028 (%)
Exhibits 42: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 43: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 44: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 45: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 46: Market opportunity by Technology ($ billion)
Exhibits 47: Data Table on Market opportunity by Technology ($ billion)
Exhibits 48: Chart on Application - Market share 2023-2028 (%)
Exhibits 49: Data Table on Application - Market share 2023-2028 (%)
Exhibits 50: Chart on Comparison by Application
Exhibits 51: Data Table on Comparison by Application
Exhibits 52: Chart on Automotive batteries - Market size and forecast 2023-2028 ($ billion)
Exhibits 53: Data Table on Automotive batteries - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Chart on Automotive batteries - Year-over-year growth 2023-2028 (%)
Exhibits 55: Data Table on Automotive batteries - Year-over-year growth 2023-2028 (%)
Exhibits 56: Chart on Industrial batteries - Market size and forecast 2023-2028 ($ billion)
Exhibits 57: Data Table on Industrial batteries - Market size and forecast 2023-2028 ($ billion)
Exhibits 58: Chart on Industrial batteries - Year-over-year growth 2023-2028 (%)
Exhibits 59: Data Table on Industrial batteries - Year-over-year growth 2023-2028 (%)
Exhibits 60: Chart on Portable batteries - Market size and forecast 2023-2028 ($ billion)
Exhibits 61: Data Table on Portable batteries - Market size and forecast 2023-2028 ($ billion)
Exhibits 62: Chart on Portable batteries - Year-over-year growth 2023-2028 (%)
Exhibits 63: Data Table on Portable batteries - Year-over-year growth 2023-2028 (%)
Exhibits 64: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 65: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 66: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 67: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 68: Market opportunity by Application ($ billion)
Exhibits 69: Data Table on Market opportunity by Application ($ billion)
Exhibits 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 73: Chart on Geographic comparison
Exhibits 74: Data Table on Geographic comparison
Exhibits 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 85: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 93: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 98: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 99: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 101: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 102: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 111: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 112: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 113: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 114: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 115: Market opportunity By Geographical Landscape ($ billion)
Exhibits 116: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 117: Impact of drivers and challenges in 2023 and 2028
Exhibits 118: Overview on Criticality of inputs and Factors of differentiation
Exhibits 119: Overview on factors of disruption
Exhibits 120: Impact of key risks on business
Exhibits 121: Vendors covered
Exhibits 122: Matrix on vendor position and classification
Exhibits 123: Brookfield Business Partners LP - Overview
Exhibits 124: Brookfield Business Partners LP - Business segments
Exhibits 125: Brookfield Business Partners LP - Key offerings
Exhibits 126: Brookfield Business Partners LP - Segment focus
Exhibits 127: BYD Co. Ltd. - Overview
Exhibits 128: BYD Co. Ltd. - Business segments
Exhibits 129: BYD Co. Ltd. - Key offerings
Exhibits 130: BYD Co. Ltd. - Segment focus
Exhibits 131: East Penn Manufacturing Co. Inc. - Overview
Exhibits 132: East Penn Manufacturing Co. Inc. - Product / Service
Exhibits 133: East Penn Manufacturing Co. Inc. - Key news
Exhibits 134: East Penn Manufacturing Co. Inc. - Key offerings
Exhibits 135: EEMB - Overview
Exhibits 136: EEMB - Product / Service
Exhibits 137: EEMB - Key offerings
Exhibits 138: Exide Technologies - Overview
Exhibits 139: Exide Technologies - Product / Service
Exhibits 140: Exide Technologies - Key news
Exhibits 141: Exide Technologies - Key offerings
Exhibits 142: Furukawa Electric Co. Ltd. - Overview
Exhibits 143: Furukawa Electric Co. Ltd. - Product / Service
Exhibits 144: Furukawa Electric Co. Ltd. - Key offerings
Exhibits 145: GS Yuasa International Ltd. - Overview
Exhibits 146: GS Yuasa International Ltd. - Business segments
Exhibits 147: GS Yuasa International Ltd. - Key offerings
Exhibits 148: GS Yuasa International Ltd. - Segment focus
Exhibits 149: Hitachi Ltd. - Overview
Exhibits 150: Hitachi Ltd. - Business segments
Exhibits 151: Hitachi Ltd. - Key news
Exhibits 152: Hitachi Ltd. - Key offerings
Exhibits 153: Hitachi Ltd. - Segment focus
Exhibits 154: Leoch International Technology Ltd. - Overview
Exhibits 155: Leoch International Technology Ltd. - Product / Service
Exhibits 156: Leoch International Technology Ltd. - Key offerings
Exhibits 157: LG Corp. - Overview
Exhibits 158: LG Corp. - Business segments
Exhibits 159: LG Corp. - Key offerings
Exhibits 160: LG Corp. - Segment focus
Exhibits 161: Murata Manufacturing Co. Ltd. - Overview
Exhibits 162: Murata Manufacturing Co. Ltd. - Business segments
Exhibits 163: Murata Manufacturing Co. Ltd. - Key news
Exhibits 164: Murata Manufacturing Co. Ltd. - Key offerings
Exhibits 165: Murata Manufacturing Co. Ltd. - Segment focus
Exhibits 166: Panasonic Holdings Corp. - Overview
Exhibits 167: Panasonic Holdings Corp. - Business segments
Exhibits 168: Panasonic Holdings Corp. - Key news
Exhibits 169: Panasonic Holdings Corp. - Key offerings
Exhibits 170: Panasonic Holdings Corp. - Segment focus
Exhibits 171: Samsung Electronics Co. Ltd. - Overview
Exhibits 172: Samsung Electronics Co. Ltd. - Business segments
Exhibits 173: Samsung Electronics Co. Ltd. - Key news
Exhibits 174: Samsung Electronics Co. Ltd. - Key offerings
Exhibits 175: Samsung Electronics Co. Ltd. - Segment focus
Exhibits 176: Tesla Inc. - Overview
Exhibits 177: Tesla Inc. - Business segments
Exhibits 178: Tesla Inc. - Key news
Exhibits 179: Tesla Inc. - Key offerings
Exhibits 180: Tesla Inc. - Segment focus
Exhibits 181: TotalEnergies SE - Overview
Exhibits 182: TotalEnergies SE - Business segments
Exhibits 183: TotalEnergies SE - Key news
Exhibits 184: TotalEnergies SE - Key offerings
Exhibits 185: TotalEnergies SE - Segment focus
Exhibits 186: Inclusions checklist
Exhibits 187: Exclusions checklist
Exhibits 188: Currency conversion rates for US$
Exhibits 189: Research methodology
Exhibits 190: Validation techniques employed for market sizing
Exhibits 191: Information sources
Exhibits 192: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global secondary battery market: Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH, Brookfield Business Partners LP, BYD Co. Ltd., Contemporary Amperex Technology Co. Ltd., East Penn Manufacturing Co. Inc., EEMB, EnerSys, Exide Technologies, Furukawa Electric Co. Ltd., GS Yuasa International Ltd., Hitachi Ltd., Leoch International Technology Ltd., LG Corp., Lithium Battery Co., Murata Manufacturing Co. Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Shenzhen GMCELL Technology Co. Ltd., Stellantis NV, Tesla Inc., Tata Sons Pvt. Ltd., TianJin Lishen Battery Joint Stock Co. Ltd., TotalEnergies SE, Toyota Motor Corp., and U.S. Battery Manufacturing Co..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is development of advanced lead-based secondary batteries."

According to the report, one of the major drivers for this market is the decline in lithium-ion battery costs.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

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

  • Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH
  • Brookfield Business Partners LP
  • BYD Co. Ltd.
  • Contemporary Amperex Technology Co. Ltd.
  • East Penn Manufacturing Co. Inc.
  • EEMB
  • EnerSys
  • Exide Technologies
  • Furukawa Electric Co. Ltd.
  • GS Yuasa International Ltd.
  • Hitachi Ltd.
  • Leoch International Technology Ltd.
  • LG Corp.
  • Lithium Battery Co.
  • Murata Manufacturing Co. Ltd.
  • Panasonic Holdings Corp.
  • Samsung Electronics Co. Ltd.
  • Shenzhen GMCELL Technology Co. Ltd.
  • Stellantis NV
  • Tesla Inc.
  • Tata Sons Pvt. Ltd.
  • TianJin Lishen Battery Joint Stock Co. Ltd.
  • TotalEnergies SE
  • Toyota Motor Corp.
  • U.S. Battery Manufacturing Co.