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Battery Market 2024-2028

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    Report

  • 179 Pages
  • July 2024
  • Region: Global
  • TechNavio
  • ID: 5710094
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The battery market is forecasted to grow by USD 229.86 billion during 2022-2027, accelerating at a CAGR of 17.22% during the forecast period. The report on the 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 a shift in the automotive industry to EVs, an increase in demand for rechargeable batteries, and augmented demand from consumer electronics.

The battery market is segmented as below:

By Application

  • Portable batteries
  • Automotive batteries
  • Industrial batteries

By Type

  • Lithium ion
  • Lead acid
  • Nickel metal hydride
  • Nickel-cadmium
  • Others

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies technological developments as one of the prime reasons driving the battery market growth during the next few years. Also, advancements in flexible batteries and alternatives of batteries will lead to sizable demand in the market.

The report on the battery market covers the following areas:

  • Battery market sizing
  • Battery market forecast
  • Battery market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading battery market vendors that include A123 Systems LLC, Clarios, Cummins Inc., East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., Furukawa Electric Co. Ltd., GS Yuasa Corp., HBL Power Systems Ltd., Hitachi Ltd., Korea Battery Co. Ltd., Leoch International Technology Ltd., LG Chem, Murata Manufacturing Co. Ltd., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., TDK Corp., and Toshiba Corp. Also, the 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 report 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
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Global Market Characteristics
  • Executive Summary - Chart on Market By Geographical Landscape
  • Executive Summary - Chart on Market Segmentation by Application
  • Executive Summary - Chart on Market Segmentation by Type
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on Global - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Global - Market size and forecast 2023-2028 ($ billion)
  • Chart on Global Market: Year-over-year growth 2023-2028 (%)
  • Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Battery Market 2018 - 2022
  • Historic Market Size - Data Table on Global Battery Market 2018 - 2022 ($ billion)
4.2 Application segment analysis 2018 - 2022
  • Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Type segment analysis 2018 - 2022
  • Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
  • Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
  • Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
  • Chart on Application - Market share 2023-2028 (%)
  • Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
  • Chart on Comparison by Application
  • Data Table on Comparison by Application
6.3 Portable batteries - Market size and forecast 2023-2028
  • Chart on Portable batteries - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Portable batteries - Market size and forecast 2023-2028 ($ billion)
  • Chart on Portable batteries - Year-over-year growth 2023-2028 (%)
  • Data Table on Portable batteries - Year-over-year growth 2023-2028 (%)
6.4 Automotive batteries - Market size and forecast 2023-2028
  • Chart on Automotive batteries - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Automotive batteries - Market size and forecast 2023-2028 ($ billion)
  • Chart on Automotive batteries - Year-over-year growth 2023-2028 (%)
  • Data Table on Automotive batteries - Year-over-year growth 2023-2028 (%)
6.5 Industrial batteries - Market size and forecast 2023-2028
  • Chart on Industrial batteries - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Industrial batteries - Market size and forecast 2023-2028 ($ billion)
  • Chart on Industrial batteries - Year-over-year growth 2023-2028 (%)
  • Data Table on Industrial batteries - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Application
  • Market opportunity by Application ($ billion)
  • Data Table on Market opportunity by Application ($ billion)
7 Market Segmentation by Type
7.1 Market segments
  • Chart on Type - Market share 2023-2028 (%)
  • Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
  • Chart on Comparison by Type
  • Data Table on Comparison by Type
7.3 Lithium ion - Market size and forecast 2023-2028
  • Chart on Lithium ion - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Lithium ion - Market size and forecast 2023-2028 ($ billion)
  • Chart on Lithium ion - Year-over-year growth 2023-2028 (%)
  • Data Table on Lithium ion - Year-over-year growth 2023-2028 (%)
7.4 Lead acid - Market size and forecast 2023-2028
  • Chart on Lead acid - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Lead acid - Market size and forecast 2023-2028 ($ billion)
  • Chart on Lead acid - Year-over-year growth 2023-2028 (%)
  • Data Table on Lead acid - Year-over-year growth 2023-2028 (%)
7.5 Nickel metal hydride - Market size and forecast 2023-2028
  • Chart on Nickel metal hydride - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Nickel metal hydride - Market size and forecast 2023-2028 ($ billion)
  • Chart on Nickel metal hydride - Year-over-year growth 2023-2028 (%)
  • Data Table on Nickel metal hydride - Year-over-year growth 2023-2028 (%)
7.6 Nickel cadmium - Market size and forecast 2023-2028
  • Chart on Nickel cadmium - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Nickel cadmium - Market size and forecast 2023-2028 ($ billion)
  • Chart on Nickel cadmium - Year-over-year growth 2023-2028 (%)
  • Data Table on Nickel cadmium - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
  • Chart on Others - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Others - Market size and forecast 2023-2028 ($ billion)
  • Chart on Others - Year-over-year growth 2023-2028 (%)
  • Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Type
  • Market opportunity by Type ($ billion)
  • Data Table on Market opportunity by Type ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
  • Chart on Market share By Geographical Landscape 2023-2028 (%)
  • Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
  • Chart on Geographic comparison
  • Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
  • Chart on APAC - Market size and forecast 2023-2028 ($ billion)
  • Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
  • Chart on APAC - Year-over-year growth 2023-2028 (%)
  • Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
  • Chart on Europe - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
  • Chart on Europe - Year-over-year growth 2023-2028 (%)
  • Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
  • Chart on North America - Market size and forecast 2023-2028 ($ billion)
  • Data Table on North America - Market size and forecast 2023-2028 ($ billion)
  • Chart on North America - Year-over-year growth 2023-2028 (%)
  • Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
  • Chart on South America - Market size and forecast 2023-2028 ($ billion)
  • Data Table on South America - Market size and forecast 2023-2028 ($ billion)
  • Chart on South America - Year-over-year growth 2023-2028 (%)
  • Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
  • Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  • Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  • Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
  • Chart on China - Market size and forecast 2023-2028 ($ billion)
  • Data Table on China - Market size and forecast 2023-2028 ($ billion)
  • Chart on China - Year-over-year growth 2023-2028 (%)
  • Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
  • Chart on US - Market size and forecast 2023-2028 ($ billion)
  • Data Table on US - Market size and forecast 2023-2028 ($ billion)
  • Chart on US - Year-over-year growth 2023-2028 (%)
  • Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
  • Chart on Germany - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
  • Chart on Germany - Year-over-year growth 2023-2028 (%)
  • Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
  • Chart on UK - Market size and forecast 2023-2028 ($ billion)
  • Data Table on UK - Market size and forecast 2023-2028 ($ billion)
  • Chart on UK - Year-over-year growth 2023-2028 (%)
  • Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
  • Chart on Japan - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
  • Chart on Japan - Year-over-year growth 2023-2028 (%)
  • Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
  • Market opportunity By Geographical Landscape ($ billion)
  • Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
  • Overview on factors of disruption
11.4 Industry risks
  • Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
  • Companies covered
12.2 Market positioning of companies
  • Matrix on companies position and classification
12.3 A123 Systems LLC
  • A123 Systems LLC - Overview
  • A123 Systems LLC - Product / Service
  • A123 Systems LLC - Key offerings
12.4 CLARIOS LLC
  • CLARIOS LLC - Overview
  • CLARIOS LLC - Product / Service
  • CLARIOS LLC - Key news
  • CLARIOS LLC - Key offerings
12.5 Cummins Inc.
  • Cummins Inc. - Overview
  • Cummins Inc. - Business segments
  • Cummins Inc. - Key news
  • Cummins Inc. - Key offerings
  • Cummins Inc. - Segment focus
12.6 EnerSys
  • EnerSys - Overview
  • EnerSys - Business segments
  • EnerSys - Key news
  • EnerSys - Key offerings
  • EnerSys - Segment focus
12.7 Exide Industries Ltd.
  • Exide Industries Ltd. - Overview
  • Exide Industries Ltd. - Product / Service
  • Exide Industries Ltd. - Key news
  • Exide Industries Ltd. - Key offerings
12.8 Furukawa Electric Co. Ltd.
  • Furukawa Electric Co. Ltd. - Overview
  • Furukawa Electric Co. Ltd. - Business segments
  • Furukawa Electric Co. Ltd. - Key news
  • Furukawa Electric Co. Ltd. - Key offerings
  • Furukawa Electric Co. Ltd. - Segment focus
12.9 GS Yuasa International Ltd.
  • GS Yuasa International Ltd. - Overview
  • GS Yuasa International Ltd. - Business segments
  • GS Yuasa International Ltd. - Key news
  • GS Yuasa International Ltd. - Key offerings
  • GS Yuasa International Ltd. - Segment focus
12.10 Hitachi Ltd.
  • Hitachi Ltd. - Overview
  • Hitachi Ltd. - Business segments
  • Hitachi Ltd. - Key news
  • Hitachi Ltd. - Key offerings
  • Hitachi Ltd. - Segment focus
12.11 LG Chem Ltd.
  • LG Chem Ltd. - Overview
  • LG Chem Ltd. - Business segments
  • LG Chem Ltd. - Key news
  • LG Chem Ltd. - Key offerings
  • LG Chem Ltd. - Segment focus
12.12 Murata Manufacturing Co. Ltd.
  • Murata Manufacturing Co. Ltd. - Overview
  • Murata Manufacturing Co. Ltd. - Business segments
  • Murata Manufacturing Co. Ltd. - Key news
  • Murata Manufacturing Co. Ltd. - Key offerings
  • Murata Manufacturing Co. Ltd. - Segment focus
12.13 Panasonic Holdings Corp.
  • Panasonic Holdings Corp. - Overview
  • Panasonic Holdings Corp. - Business segments
  • Panasonic Holdings Corp. - Key news
  • Panasonic Holdings Corp. - Key offerings
  • Panasonic Holdings Corp. - Segment focus
12.14 Robert Bosch GmbH
  • Robert Bosch GmbH - Overview
  • Robert Bosch GmbH - Product / Service
  • Robert Bosch GmbH - Key news
  • Robert Bosch GmbH - Key offerings
12.15 Samsung Electronics Co. Ltd.
  • Samsung Electronics Co. Ltd. - Overview
  • Samsung Electronics Co. Ltd. - Business segments
  • Samsung Electronics Co. Ltd. - Key news
  • Samsung Electronics Co. Ltd. - Key offerings
  • Samsung Electronics Co. Ltd. - Segment focus
12.16 TDK Corp.
  • TDK Corp. - Overview
  • TDK Corp. - Business segments
  • TDK Corp. - Key news
  • TDK Corp. - Key offerings
  • TDK Corp. - Segment focus
12.17 Toshiba Corp.
  • Toshiba Corp. - Overview
  • Toshiba Corp. - Business segments
  • Toshiba Corp. - Key news
  • Toshiba Corp. - Key offerings
  • Toshiba Corp. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
13.3 Currency conversion rates for US$
  • Currency conversion rates for US$
13.4 Research methodology
  • Research methodology
13.5 Data procurement
  • Information sources
13.6 Data validation
  • Data validation
13.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
13.8 Data synthesis
  • Data synthesis
13.9 360 degree market analysis
  • 360 degree market analysis
13.10 List of abbreviations
  • 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 Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 17: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 18: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 20: Historic Market Size - Data Table on Global Battery Market 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 24: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 25: Five forces analysis - Comparison between 2023 and 2028
Exhibits 26: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 27: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 31: Chart on Market condition - Five forces 2023 and 2028
Exhibits 32: Chart on Application - Market share 2023-2028 (%)
Exhibits 33: Data Table on Application - Market share 2023-2028 (%)
Exhibits 34: Chart on Comparison by Application
Exhibits 35: Data Table on Comparison by Application
Exhibits 36: Chart on Portable batteries - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Data Table on Portable batteries - Market size and forecast 2023-2028 ($ billion)
Exhibits 38: Chart on Portable batteries - Year-over-year growth 2023-2028 (%)
Exhibits 39: Data Table on Portable batteries - Year-over-year growth 2023-2028 (%)
Exhibits 40: Chart on Automotive batteries - Market size and forecast 2023-2028 ($ billion)
Exhibits 41: Data Table on Automotive batteries - Market size and forecast 2023-2028 ($ billion)
Exhibits 42: Chart on Automotive batteries - Year-over-year growth 2023-2028 (%)
Exhibits 43: Data Table on Automotive batteries - Year-over-year growth 2023-2028 (%)
Exhibits 44: Chart on Industrial batteries - Market size and forecast 2023-2028 ($ billion)
Exhibits 45: Data Table on Industrial batteries - Market size and forecast 2023-2028 ($ billion)
Exhibits 46: Chart on Industrial batteries - Year-over-year growth 2023-2028 (%)
Exhibits 47: Data Table on Industrial batteries - Year-over-year growth 2023-2028 (%)
Exhibits 48: Market opportunity by Application ($ billion)
Exhibits 49: Data Table on Market opportunity by Application ($ billion)
Exhibits 50: Chart on Type - Market share 2023-2028 (%)
Exhibits 51: Data Table on Type - Market share 2023-2028 (%)
Exhibits 52: Chart on Comparison by Type
Exhibits 53: Data Table on Comparison by Type
Exhibits 54: Chart on Lithium ion - Market size and forecast 2023-2028 ($ billion)
Exhibits 55: Data Table on Lithium ion - Market size and forecast 2023-2028 ($ billion)
Exhibits 56: Chart on Lithium ion - Year-over-year growth 2023-2028 (%)
Exhibits 57: Data Table on Lithium ion - Year-over-year growth 2023-2028 (%)
Exhibits 58: Chart on Lead acid - Market size and forecast 2023-2028 ($ billion)
Exhibits 59: Data Table on Lead acid - Market size and forecast 2023-2028 ($ billion)
Exhibits 60: Chart on Lead acid - Year-over-year growth 2023-2028 (%)
Exhibits 61: Data Table on Lead acid - Year-over-year growth 2023-2028 (%)
Exhibits 62: Chart on Nickel metal hydride - Market size and forecast 2023-2028 ($ billion)
Exhibits 63: Data Table on Nickel metal hydride - Market size and forecast 2023-2028 ($ billion)
Exhibits 64: Chart on Nickel metal hydride - Year-over-year growth 2023-2028 (%)
Exhibits 65: Data Table on Nickel metal hydride - Year-over-year growth 2023-2028 (%)
Exhibits 66: Chart on Nickel cadmium - Market size and forecast 2023-2028 ($ billion)
Exhibits 67: Data Table on Nickel cadmium - Market size and forecast 2023-2028 ($ billion)
Exhibits 68: Chart on Nickel cadmium - Year-over-year growth 2023-2028 (%)
Exhibits 69: Data Table on Nickel cadmium - Year-over-year growth 2023-2028 (%)
Exhibits 70: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 71: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 72: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 73: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 74: Market opportunity by Type ($ billion)
Exhibits 75: Data Table on Market opportunity by Type ($ billion)
Exhibits 76: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 77: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 78: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 79: Chart on Geographic comparison
Exhibits 80: Data Table on Geographic comparison
Exhibits 81: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 82: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 83: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 86: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 87: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 90: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 91: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 94: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 95: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 97: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 98: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 99: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 100: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 101: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 102: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 103: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 104: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 105: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 106: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 107: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 108: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 109: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 110: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 111: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 112: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 113: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 114: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 115: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 116: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 117: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 118: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 119: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 120: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 121: Market opportunity By Geographical Landscape ($ billion)
Exhibits 122: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 123: Impact of drivers and challenges in 2023 and 2028
Exhibits 124: Overview on criticality of inputs and factors of differentiation
Exhibits 125: Overview on factors of disruption
Exhibits 126: Impact of key risks on business
Exhibits 127: Companies covered
Exhibits 128: Matrix on companies position and classification
Exhibits 129: A123 Systems LLC - Overview
Exhibits 130: A123 Systems LLC - Product / Service
Exhibits 131: A123 Systems LLC - Key offerings
Exhibits 132: CLARIOS LLC - Overview
Exhibits 133: CLARIOS LLC - Product / Service
Exhibits 134: CLARIOS LLC - Key news
Exhibits 135: CLARIOS LLC - Key offerings
Exhibits 136: Cummins Inc. - Overview
Exhibits 137: Cummins Inc. - Business segments
Exhibits 138: Cummins Inc. - Key news
Exhibits 139: Cummins Inc. - Key offerings
Exhibits 140: Cummins Inc. - Segment focus
Exhibits 141: EnerSys - Overview
Exhibits 142: EnerSys - Business segments
Exhibits 143: EnerSys - Key news
Exhibits 144: EnerSys - Key offerings
Exhibits 145: EnerSys - Segment focus
Exhibits 146: Exide Industries Ltd. - Overview
Exhibits 147: Exide Industries Ltd. - Product / Service
Exhibits 148: Exide Industries Ltd. - Key news
Exhibits 149: Exide Industries Ltd. - Key offerings
Exhibits 150: Furukawa Electric Co. Ltd. - Overview
Exhibits 151: Furukawa Electric Co. Ltd. - Business segments
Exhibits 152: Furukawa Electric Co. Ltd. - Key news
Exhibits 153: Furukawa Electric Co. Ltd. - Key offerings
Exhibits 154: Furukawa Electric Co. Ltd. - Segment focus
Exhibits 155: GS Yuasa International Ltd. - Overview
Exhibits 156: GS Yuasa International Ltd. - Business segments
Exhibits 157: GS Yuasa International Ltd. - Key news
Exhibits 158: GS Yuasa International Ltd. - Key offerings
Exhibits 159: GS Yuasa International Ltd. - Segment focus
Exhibits 160: Hitachi Ltd. - Overview
Exhibits 161: Hitachi Ltd. - Business segments
Exhibits 162: Hitachi Ltd. - Key news
Exhibits 163: Hitachi Ltd. - Key offerings
Exhibits 164: Hitachi Ltd. - Segment focus
Exhibits 165: LG Chem Ltd. - Overview
Exhibits 166: LG Chem Ltd. - Business segments
Exhibits 167: LG Chem Ltd. - Key news
Exhibits 168: LG Chem Ltd. - Key offerings
Exhibits 169: LG Chem Ltd. - Segment focus
Exhibits 170: Murata Manufacturing Co. Ltd. - Overview
Exhibits 171: Murata Manufacturing Co. Ltd. - Business segments
Exhibits 172: Murata Manufacturing Co. Ltd. - Key news
Exhibits 173: Murata Manufacturing Co. Ltd. - Key offerings
Exhibits 174: Murata Manufacturing Co. Ltd. - Segment focus
Exhibits 175: Panasonic Holdings Corp. - Overview
Exhibits 176: Panasonic Holdings Corp. - Business segments
Exhibits 177: Panasonic Holdings Corp. - Key news
Exhibits 178: Panasonic Holdings Corp. - Key offerings
Exhibits 179: Panasonic Holdings Corp. - Segment focus
Exhibits 180: Robert Bosch GmbH - Overview
Exhibits 181: Robert Bosch GmbH - Product / Service
Exhibits 182: Robert Bosch GmbH - Key news
Exhibits 183: Robert Bosch GmbH - Key offerings
Exhibits 184: Samsung Electronics Co. Ltd. - Overview
Exhibits 185: Samsung Electronics Co. Ltd. - Business segments
Exhibits 186: Samsung Electronics Co. Ltd. - Key news
Exhibits 187: Samsung Electronics Co. Ltd. - Key offerings
Exhibits 188: Samsung Electronics Co. Ltd. - Segment focus
Exhibits 189: TDK Corp. - Overview
Exhibits 190: TDK Corp. - Business segments
Exhibits 191: TDK Corp. - Key news
Exhibits 192: TDK Corp. - Key offerings
Exhibits 193: TDK Corp. - Segment focus
Exhibits 194: Toshiba Corp. - Overview
Exhibits 195: Toshiba Corp. - Business segments
Exhibits 196: Toshiba Corp. - Key news
Exhibits 197: Toshiba Corp. - Key offerings
Exhibits 198: Toshiba Corp. - Segment focus
Exhibits 199: Inclusions checklist
Exhibits 200: Exclusions checklist
Exhibits 201: Currency conversion rates for US$
Exhibits 202: Research methodology
Exhibits 203: Information sources
Exhibits 204: Data validation
Exhibits 205: Validation techniques employed for market sizing
Exhibits 206: Data synthesis
Exhibits 207: 360 degree market analysis
Exhibits 208: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global battery market: A123 Systems LLC, Clarios, Cummins Inc., East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., Furukawa Electric Co. Ltd., GS Yuasa Corp., HBL Power Systems Ltd., Hitachi Ltd., Korea Battery Co. Ltd., Leoch International Technology Ltd., LG Chem, Murata Manufacturing Co. Ltd., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., TDK Corp., and Toshiba Corp..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological developments."

According to the report, one of the major drivers for this market is the shift in the automotive industry to EVs.

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:

  • A123 Systems LLC
  • CLARIOS LLC
  • Cummins Inc.
  • East Penn Manufacturing Co. Inc.
  • EnerSys
  • Exide Industries Ltd.
  • Furukawa Electric Co. Ltd.
  • GS Yuasa International Ltd.
  • HBL Power Systems Ltd.
  • Hitachi Ltd.
  • Korea Battery Co. Ltd.
  • Leoch International Technology Ltd.
  • LG Chem Ltd.
  • Murata Manufacturing Co. Ltd.
  • Panasonic Holdings Corp.
  • Robert Bosch GmbH
  • Samsung Electronics Co. Ltd.
  • TDK Corp.
  • Toshiba Corp.