Booming Automotive Industry is Propelling The Global Battery Market at a CAGR of 6.63% By 2027

Booming Automotive Industry is Propelling The Global Battery Market at a CAGR of 6.63% By 2027

“The global battery market was valued at $76500 million in 2018 and is projected to grow with a CAGR of 6.63% during the forecast period, to reach an expected value of $135400 million by the year 2027.”
According to a new market research report launched by Inkwood Research, The global battery market was valued at $76500 million in 2018 and is projected to grow with a CAGR of 6.63% during the forecast period, to reach an expected value of $135400 million by the year 2027. The base year considered for the study is 2018 and the estimated period is between 2019 and 2027.

Browse 21 market data Tables and 35 Figures spread over 210 Pages along with in-depth analysis on “Global Battery Market by Battery Type(Lead Acid Battery, Lithium Ion Battery, Nickel Metal Hydride Battery, Nickel Cadmium Battery, Other Batteries) by Application (Automotive, Industrial, Portable) by Geography.”

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies such as North America, Europe, Asia Pacific, and Rest of World, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

 

Global Battery Market scenario

 

Booming automotive industry, Growing demand for energy storage systems & UPS systems, Positive outlook of the electric vehicle market, Widening applications in the motive industrial sector, Growing consumption of rechargeable batteries in consumer electronics are the factors proliferating the growth of the Global Battery Market across the globe.

The Global Battery Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Battery Market by provider, type, end-users & Geography: https://www.inkwoodresearch.com/reports/global-battery-market/#request-free-sample

 

Market Segmentation

On the basis of battery type, Global Battery Market is segmented into:

  • Lead acid battery
  • Lithium ion battery
  • Nickel metal hydride battery
  • Nickel cadmium battery
  • Other batteries

On the basis of application, the Global Battery Market is segmented into:

  • Automotive
  • Industrial
  • Portable

 

Report Highlights

– The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
– Market forecasts till 2027, using estimated market values as the base numbers
– Key market trends across the business segments, regions and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2026

Companies Profiled

–        A123 SYSTEMS, LLC

–        BYD COMPANY, LTD.

–        C&D TECHNOLOGIES, INC. (ACQUIRED BY KPS CAPITAL PARTNER)

–        CROWN BATTERY MANUFACTURING COMPANY

–        DURACELL INTERNATIONAL, INC.

–        EAST PENN MANUFACTURING COMPANY, INC.

–        ENERSYS

–        EVEREADY INDUSTRIES INDIA LTD.

–        EXIDE TECHNOLOGIES

–        GS YUASA CORPORATION

–        HITACHI, LTD.

–        JOHNSON CONTROLS

–        LG CHEM LTD.

–        MURATA MANUFACTURING CO., LTD.

–        NEC CORPORATION

–        PANASONIC CORPORATION

–        SAFT GROUPE S.A.

–        SAMSUNG SDI CO., LTD.

–        SHENZHEN BAK BATTERY CO., LTD.

–        TOSHIBA CORPORATION

 

 

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