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Solar Batteries - Global Market Trajectory & Analytics

  • ID: 5030432
  • Report
  • July 2020
  • Region: Global
  • 195 pages
  • Global Industry Analysts, Inc
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Global Solar Batteries Market to Reach US$18 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Solar Batteries estimated at US$6.8 Billion in the year 2020, is projected to reach a revised size of US$18 Billion by 2027, growing at a CAGR of 15% over the analysis period 2020-2027.Lithium-Ion Batteries, one of the segments analyzed in the report, is projected to grow at a 18.1% CAGR to reach US$9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Lead-Acid Batteries segment is readjusted to a revised 14.6% CAGR for the next 7-year period. This segment currently accounts for a 33.8% share of the global Solar Batteries market.

The U. S. Accounts for Over 26.9% of Global Market Size in 2020, While China is Forecast to Grow at a 20% CAGR for the Period of 2020-2027

The Solar Batteries market in the U. S. is estimated at US$1.8 Billion in the year 2020. The country currently accounts for a 26.9% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$4.3 Billion in the year 2027 trailing a CAGR of 20% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.3% and 13.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.8% CAGR while Rest of European market (as defined in the study) will reach US$4.3 Billion by the year 2027.

Sodium-based Batteries Segment Corners a 24.7% Share in 2020

In the global Sodium-based Batteries segment, USA, Canada, Japan, China and Europe will drive the 8.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.3 Billion in the year 2020 will reach a projected size of US$2.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.7 Billion by the year 2027, while Latin America will expand at a 10.4% CAGR through the analysis period. The publisher brings years of research experience to this 6th edition of our report. The 195-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others
  • A123 Systems LLC
  • Alpha Technologies, Inc.
  • BAE Batterien GmbH
  • Battery Energy Power Solutions Pty
  • Betta Batteries Europe BV
  • BYD Co., Ltd.
  • C&D Technologies, Inc.
  • East Penn Manufacturing Co., Inc.
  • EnerSys
  • Exide Technologies
  • GS Yuasa Corporation
  • HBL Power Systems Ltd.
  • LG Chem
  • SAFT
  • Samsung SDI Co., Ltd
  • Systems Sunlight S. A.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

Solar Batteries Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Solar Batteries Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Solar Batteries Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: Solar Batteries Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: Lithium-Ion Batteries (Battery Technology) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 5: Lithium-Ion Batteries (Battery Technology) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
TABLE 6: Lithium-Ion Batteries (Battery Technology) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Lead-Acid Batteries (Battery Technology) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 8: Lead-Acid Batteries (Battery Technology) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
TABLE 9: Lead-Acid Batteries (Battery Technology) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
TABLE 10: Sodium-based Batteries (Battery Technology) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 11: Sodium-based Batteries (Battery Technology) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
TABLE 12: Sodium-based Batteries (Battery Technology) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Solar Batteries Market Share (in %) by Company: 2019 & 2025

Market Analytics
TABLE 13: United States Solar Batteries Market Estimates and Projections in US$ Million by Battery Technology: 2020 to 2027
TABLE 14: Solar Batteries Market in the United States by Battery Technology: A Historic Review in US$ Million for 2012-2019
TABLE 15: United States Solar Batteries Market Share Breakdown by Battery Technology: 2012 VS 2020 VS 2027

CANADA

TABLE 16: Canadian Solar Batteries Market Estimates and Forecasts in US$ Million by Battery Technology: 2020 to 2027
TABLE 17: Canadian Solar Batteries Historic Market Review by Battery Technology in US$ Million: 2012-2019
TABLE 18: Solar Batteries Market in Canada: Percentage Share Breakdown of Sales by Battery Technology for 2012, 2020, and 2027

JAPAN

TABLE 19: Japanese Market for Solar Batteries: Annual Sales Estimates and Projections in US$ Million by Battery Technology for the Period 2020-2027
TABLE 20: Solar Batteries Market in Japan: Historic Sales Analysis in US$ Million by Battery Technology for the Period 2012-2019
TABLE 21: Japanese Solar Batteries Market Share Analysis by Battery Technology: 2012 VS 2020 VS 2027

CHINA

TABLE 22: Chinese Solar Batteries Market Growth Prospects in US$ Million by Battery Technology for the Period 2020-2027
TABLE 23: Solar Batteries Historic Market Analysis in China in US$ Million by Battery Technology: 2012-2019
TABLE 24: Chinese Solar Batteries Market by Battery Technology: Percentage Breakdown of Sales for 2012, 2020, and 2027

EUROPE

Market Facts & Figures

European Solar Batteries Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics
TABLE 25: European Solar Batteries Market Demand Scenario in US$ Million by Region/Country: 2020-2027
TABLE 26: Solar Batteries Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
TABLE 27: European Solar Batteries Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 28: European Solar Batteries Market Estimates and Forecasts in US$ Million by Battery Technology: 2020-2027
TABLE 29: Solar Batteries Market in Europe in US$ Million by Battery Technology: A Historic Review for the Period 2012-2019
TABLE 30: European Solar Batteries Market Share Breakdown by Battery Technology: 2012 VS 2020 VS 2027

FRANCE

TABLE 31: Solar Batteries Market in France by Battery Technology: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 32: French Solar Batteries Historic Market Scenario in US$ Million by Battery Technology: 2012-2019
TABLE 33: French Solar Batteries Market Share Analysis by Battery Technology: 2012 VS 2020 VS 2027

GERMANY

TABLE 34: Solar Batteries Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Battery Technology for the Period 2020-2027
TABLE 35: German Solar Batteries Historic Market Analysis in US$ Million by Battery Technology: 2012-2019
TABLE 36: German Solar Batteries Market Share Breakdown by Battery Technology: 2012 VS 2020 VS 2027

ITALY

TABLE 37: Italian Solar Batteries Market Growth Prospects in US$ Million by Battery Technology for the Period 2020-2027
TABLE 38: Solar Batteries Historic Market Analysis in Italy in US$ Million by Battery Technology: 2012-2019
TABLE 39: Italian Solar Batteries Market by Battery Technology: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED KINGDOM

TABLE 40: United Kingdom Market for Solar Batteries: Annual Sales Estimates and Projections in US$ Million by Battery Technology for the Period 2020-2027
TABLE 41: Solar Batteries Market in the United Kingdom: Historic Sales Analysis in US$ Million by Battery Technology for the Period 2012-2019
TABLE 42: United Kingdom Solar Batteries Market Share Analysis by Battery Technology: 2012 VS 2020 VS 2027

SPAIN

TABLE 43: Spanish Solar Batteries Market Estimates and Forecasts in US$ Million by Battery Technology: 2020 to 2027
TABLE 44: Spanish Solar Batteries Historic Market Review by Battery Technology in US$ Million: 2012-2019
TABLE 45: Solar Batteries Market in Spain: Percentage Share Breakdown of Sales by Battery Technology for 2012, 2020, and 2027

RUSSIA

TABLE 46: Russian Solar Batteries Market Estimates and Projections in US$ Million by Battery Technology: 2020 to 2027
TABLE 47: Solar Batteries Market in Russia by Battery Technology: A Historic Review in US$ Million for 2012-2019
TABLE 48: Russian Solar Batteries Market Share Breakdown by Battery Technology: 2012 VS 2020 VS 2027

REST OF EUROPE

TABLE 49: Rest of Europe Solar Batteries Market Estimates and Forecasts in US$ Million by Battery Technology: 2020-2027
TABLE 50: Solar Batteries Market in Rest of Europe in US$ Million by Battery Technology: A Historic Review for the Period 2012-2019
TABLE 51: Rest of Europe Solar Batteries Market Share Breakdown by Battery Technology: 2012 VS 2020 VS 2027

ASIA-PACIFIC

TABLE 52: Asia-Pacific Solar Batteries Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 53: Solar Batteries Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
TABLE 54: Asia-Pacific Solar Batteries Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
TABLE 55: Solar Batteries Market in Asia-Pacific by Battery Technology: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 56: Asia-Pacific Solar Batteries Historic Market Scenario in US$ Million by Battery Technology: 2012-2019
TABLE 57: Asia-Pacific Solar Batteries Market Share Analysis by Battery Technology: 2012 VS 2020 VS 2027

AUSTRALIA

TABLE 58: Solar Batteries Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Battery Technology for the Period 2020-2027
TABLE 59: Australian Solar Batteries Historic Market Analysis in US$ Million by Battery Technology: 2012-2019
TABLE 60: Australian Solar Batteries Market Share Breakdown by Battery Technology: 2012 VS 2020 VS 2027

INDIA

TABLE 61: Indian Solar Batteries Market Estimates and Forecasts in US$ Million by Battery Technology: 2020 to 2027
TABLE 62: Indian Solar Batteries Historic Market Review by Battery Technology in US$ Million: 2012-2019
TABLE 63: Solar Batteries Market in India: Percentage Share Breakdown of Sales by Battery Technology for 2012, 2020, and 2027

SOUTH KOREA

TABLE 64: Solar Batteries Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Battery Technology for the Period 2020-2027
TABLE 65: South Korean Solar Batteries Historic Market Analysis in US$ Million by Battery Technology: 2012-2019
TABLE 66: Solar Batteries Market Share Distribution in South Korea by Battery Technology: 2012 VS 2020 VS 2027

REST OF ASIA-PACIFIC

TABLE 67: Rest of Asia-Pacific Market for Solar Batteries: Annual Sales Estimates and Projections in US$ Million by Battery Technology for the Period 2020-2027
TABLE 68: Solar Batteries Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Battery Technology for the Period 2012-2019
TABLE 69: Rest of Asia-Pacific Solar Batteries Market Share Analysis by Battery Technology: 2012 VS 2020 VS 2027

LATIN AMERICA

TABLE 70: Latin American Solar Batteries Market Trends by Region/Country in US$ Million: 2020-2027
TABLE 71: Solar Batteries Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 72: Latin American Solar Batteries Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
TABLE 73: Latin American Solar Batteries Market Growth Prospects in US$ Million by Battery Technology for the Period 2020-2027
TABLE 74: Solar Batteries Historic Market Analysis in Latin America in US$ Million by Battery Technology: 2012-2019
TABLE 75: Latin American Solar Batteries Market by Battery Technology: Percentage Breakdown of Sales for 2012, 2020, and 2027

ARGENTINA

TABLE 76: Argentinean Solar Batteries Market Estimates and Forecasts in US$ Million by Battery Technology: 2020-2027
TABLE 77: Solar Batteries Market in Argentina in US$ Million by Battery Technology: A Historic Review for the Period 2012-2019
TABLE 78: Argentinean Solar Batteries Market Share Breakdown by Battery Technology: 2012 VS 2020 VS 2027

BRAZIL

TABLE 79: Solar Batteries Market in Brazil by Battery Technology: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 80: Brazilian Solar Batteries Historic Market Scenario in US$ Million by Battery Technology: 2012-2019
TABLE 81: Brazilian Solar Batteries Market Share Analysis by Battery Technology: 2012 VS 2020 VS 2027

MEXICO

TABLE 82: Solar Batteries Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Battery Technology for the Period 2020-2027
TABLE 83: Mexican Solar Batteries Historic Market Analysis in US$ Million by Battery Technology: 2012-2019
TABLE 84: Mexican Solar Batteries Market Share Breakdown by Battery Technology: 2012 VS 2020 VS 2027

REST OF LATIN AMERICA

TABLE 85: Rest of Latin America Solar Batteries Market Estimates and Projections in US$ Million by Battery Technology: 2020 to 2027
TABLE 86: Solar Batteries Market in Rest of Latin America by Battery Technology: A Historic Review in US$ Million for 2012-2019
TABLE 87: Rest of Latin America Solar Batteries Market Share Breakdown by Battery Technology: 2012 VS 2020 VS 2027

MIDDLE EAST

TABLE 88: The Middle East Solar Batteries Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 89: Solar Batteries Market in the Middle East by Region/Country in US$ Million: 2012-2019
TABLE 90: The Middle East Solar Batteries Market Share Breakdown by Region/Country: 2012, 2020, and 2027
TABLE 91: The Middle East Solar Batteries Market Estimates and Forecasts in US$ Million by Battery Technology: 2020 to 2027
TABLE 92: The Middle East Solar Batteries Historic Market by Battery Technology in US$ Million: 2012-2019
TABLE 93: Solar Batteries Market in the Middle East: Percentage Share Breakdown of Sales by Battery Technology for 2012,2020, and 2027

IRAN

TABLE 94: Iranian Market for Solar Batteries: Annual Sales Estimates and Projections in US$ Million by Battery Technology for the Period 2020-2027
TABLE 95: Solar Batteries Market in Iran: Historic Sales Analysis in US$ Million by Battery Technology for the Period 2012-2019
TABLE 96: Iranian Solar Batteries Market Share Analysis by Battery Technology: 2012 VS 2020 VS 2027

ISRAEL

TABLE 97: Israeli Solar Batteries Market Estimates and Forecasts in US$ Million by Battery Technology: 2020-2027
TABLE 98: Solar Batteries Market in Israel in US$ Million by Battery Technology: A Historic Review for the Period 2012-2019
TABLE 99: Israeli Solar Batteries Market Share Breakdown by Battery Technology: 2012 VS 2020 VS 2027

SAUDI ARABIA

TABLE 100: Saudi Arabian Solar Batteries Market Growth Prospects in US$ Million by Battery Technology for the Period 2020-2027
TABLE 101: Solar Batteries Historic Market Analysis in Saudi Arabia in US$ Million by Battery Technology: 2012-2019
TABLE 102: Saudi Arabian Solar Batteries Market by Battery Technology: Percentage Breakdown of Sales for 2012, 2020, and 2027

UNITED ARAB EMIRATES

TABLE 103: Solar Batteries Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Battery Technology for the Period 2020-2027
TABLE 104: United Arab Emirates Solar Batteries Historic Market Analysis in US$ Million by Battery Technology: 2012-2019
TABLE 105: Solar Batteries Market Share Distribution in United Arab Emirates by Battery Technology: 2012 VS 2020 VS 2027

REST OF MIDDLE EAST

TABLE 106: Solar Batteries Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Battery Technology for the Period 2020-2027
TABLE 107: Rest of Middle East Solar Batteries Historic Market Analysis in US$ Million by Battery Technology: 2012-2019
TABLE 108: Rest of Middle East Solar Batteries Market Share Breakdown by Battery Technology: 2012 VS 2020 VS 2027

AFRICA

TABLE 109: African Solar Batteries Market Estimates and Projections in US$ Million by Battery Technology: 2020 to 2027
TABLE 110: Solar Batteries Market in Africa by Battery Technology: A Historic Review in US$ Million for 2012-2019
TABLE 111: African Solar Batteries Market Share Breakdown by Battery Technology: 2012 VS 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 54

Note: Product cover images may vary from those shown
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