Global Battery Market 2022-2032 by Product (Primary, Secondary), Technology (Lead-acid, Lithium-ion, Nickel-based, Flow Battery, NAS, ZMD, Others), Application (Automotive, Industrial, Consumer Electronics, Commercial, Others), and Region: Trend Forecast and Growth Opportunity

January 2023 | 154 pages | ID: GA71FC960D1CEN
GMD Research

Abstracts

Global battery market will reach $463,900 million by 2032, growing by 13.5% annually over 2022-2032, driven by the increasing demand for energy storage systems, the expansion of the electric vehicles and data centers, the rising use of battery power in consumer devices, a rising need for fuel saving due to decreasing fossil fuel reserves, along with promising government initiatives and high carbon dioxide emissions.

Highlighted with 79 tables and 75 figures, this 154-page report “Global Battery Market 2022-2032 by Product (Primary, Secondary), Technology (Lead-acid, Lithium-ion, Nickel-based, Flow Battery, NAS, ZMD, Others), Application (Automotive, Industrial, Consumer Electronics, Commercial, Others), and Region: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire global battery market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global battery market in every aspect of the classification from perspectives of Product, Technology, Application, and Region.

Based on Product, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Primary Battery
• Secondary Battery

Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Lead-acid Battery
• Lithium-ion Battery
• Nickel-based Battery
• Flow Battery
• Sodium–sulfur (NAS) Battery
• Zinc-manganese Dioxide Battery
• Other Technologies

By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Automotive Batteries
• Industrial Batteries
• Consumer Electronics
• Commercial Applications
• Other Applications

Geographically, the following regions together with the listed national/local markets are fully investigated:

• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE?Saudi Arabia? South Africa and Rest of MEA)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and split of each national market by Product, Technology and Application over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

A123 Systems, LLC
BYD Company Ltd.
Clarios (Formerly Johnson Controls International PLC)
Contemporary Amperex Technology Co., Ltd. (CATL)
Duracell Inc.
EnerSys
Exide Technologies, Inc.
GS Yuasa Corporation
Hitachi Chemical Co., Ltd.
LG Chem Ltd.
Panasonic Corporation
Saft Groupe S.A.
Samsung SDI Co., Ltd.
Tesla Inc.
TianJin Lishen Battery Joint-Stock Co., Ltd.
Toshiba Corporation
VARTA AG
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Contents

1 INTRODUCTION

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF GLOBAL MARKET BY PRODUCT

3.1 Market Overview by Product
3.2 Primary Battery
3.3 Secondary Battery

4 SEGMENTATION OF GLOBAL MARKET BY TECHNOLOGY

4.1 Market Overview by Technology
4.2 Lead-acid Battery
4.3 Lithium-ion Battery
4.4 Nickel-based Battery
4.5 Flow Battery
4.6 Sodium–sulfur (NAS) Battery
4.7 Zinc-manganese Dioxide Battery
4.8 Other Technologies

5 SEGMENTATION OF GLOBAL MARKET BY APPLICATION

5.1 Market Overview by Application
5.2 Automotive Batteries
5.3 Industrial Batteries
5.4 Consumer Electronics
5.5 Commercial Applications
5.6 Other Applications

6 SEGMENTATION OF GLOBAL MARKET BY REGION

6.1 Geographic Market Overview 2022-2032
6.2 North America Market 2022-2032 by Country
  6.2.1 Overview of North America Market
  6.2.2 U.S.
  6.2.3 Canada
  6.2.4 Mexico
6.3 European Market 2022-2032 by Country
  6.3.1 Overview of European Market
  6.3.2 Germany
  6.3.3 U.K.
  6.3.4 France
  6.3.5 Spain
  6.3.6 Italy
  6.3.7 Netherlands
  6.3.8 Rest of European Market
6.4 Asia-Pacific Market 2022-2032 by Country
  6.4.1 Overview of Asia-Pacific Market
  6.4.2 Japan
  6.4.3 China
  6.4.4 Australia
  6.4.5 India
  6.4.6 South Korea
  6.4.7 Rest of APAC Region
6.5 South America Market 2022-2032 by Country
  6.5.1 Argentina
  6.5.2 Brazil
  6.5.3 Chile
  6.5.4 Rest of South America Market
6.6 MEA Market 2022-2032 by Country
  6.6.1 UAE
  6.6.2 Saudi Arabia
  6.6.3 South Africa
  6.6.4 Other National Markets

7 COMPETITIVE LANDSCAPE

7.1 Overview of Key Vendors
7.2 New Product Launch, Partnership, Investment, and M&A
7.3 Company Profiles
A123 Systems, LLC
BYD Company Ltd.
Clarios (Formerly Johnson Controls International PLC)
Contemporary Amperex Technology Co., Ltd. (CATL)
Duracell Inc.
EnerSys
Exide Technologies, Inc.
GS Yuasa Corporation
Hitachi Chemical Co., Ltd.
LG Chem Ltd.
Panasonic Corporation
Saft Groupe S.A.
Samsung SDI Co., Ltd.
Tesla Inc.
TianJin Lishen Battery Joint-Stock Co., Ltd.
Toshiba Corporation

VARTA AG


RELATED REPORTS

List Of Tables

LIST OF TABLES:

Table 1. Snapshot of Global Battery Market in Balanced Perspective, 2022-2032
Table 2. World Economic Outlook, 2021-2031
Table 3. World Economic Outlook, 2021-2023
Table 4. Main Product Trends and Market Opportunities in Global Battery Market
Table 5. Global Battery Market by Product, 2022-2032, $ mn
Table 6. Global Battery Market by Technology, 2022-2032, $ mn
Table 7. Global Battery Market by Application, 2022-2032, $ mn
Table 8. Global Battery Market by Region, 2022-2032, $ mn
Table 9. Leading National Battery Market, 2022 and 2032, $ mn
Table 10. North America Battery Market by Country, 2022-2032, $ mn
Table 11. U.S. Battery Market by Product, 2022-2032, $ mn
Table 12. U.S. Battery Market by Technology, 2022-2032, $ mn
Table 13. U.S. Battery Market by Application, 2022-2032, $ mn
Table 14. Canada Battery Market by Product, 2022-2032, $ mn
Table 15. Canada Battery Market by Technology, 2022-2032, $ mn
Table 16. Canada Battery Market by Application, 2022-2032, $ mn
Table 17. Mexico Battery Market by Product, 2022-2032, $ mn
Table 18. Mexico Battery Market by Technology, 2022-2032, $ mn
Table 19. Mexico Battery Market by Application, 2022-2032, $ mn
Table 20. Europe Battery Market by Country, 2022-2032, $ mn
Table 21. Germany Battery Market by Product, 2022-2032, $ mn
Table 22. Germany Battery Market by Technology, 2022-2032, $ mn
Table 23. Germany Battery Market by Application, 2022-2032, $ mn
Table 24. U.K. Battery Market by Product, 2022-2032, $ mn
Table 25. U.K. Battery Market by Technology, 2022-2032, $ mn
Table 26. U.K. Battery Market by Application, 2022-2032, $ mn
Table 27. France Battery Market by Product, 2022-2032, $ mn
Table 28. France Battery Market by Technology, 2022-2032, $ mn
Table 29. France Battery Market by Application, 2022-2032, $ mn
Table 30. Spain Battery Market by Product, 2022-2032, $ mn
Table 31. Spain Battery Market by Technology, 2022-2032, $ mn
Table 32. Spain Battery Market by Application, 2022-2032, $ mn
Table 33. Italy Battery Market by Product, 2022-2032, $ mn
Table 34. Italy Battery Market by Technology, 2022-2032, $ mn
Table 35. Italy Battery Market by Application, 2022-2032, $ mn
Table 36. Netherlands Battery Market by Product, 2022-2032, $ mn
Table 37. Netherlands Battery Market by Technology, 2022-2032, $ mn
Table 38. Netherlands Battery Market by Application, 2022-2032, $ mn
Table 39. Battery Market in Rest of Europe by Country, 2022-2032, $ mn
Table 40. APAC Battery Market by Country, 2022-2032, $ mn
Table 41. Japan Battery Market by Product, 2022-2032, $ mn
Table 42. Japan Battery Market by Technology, 2022-2032, $ mn
Table 43. Japan Battery Market by Application, 2022-2032, $ mn
Table 44. China Battery Market by Product, 2022-2032, $ mn
Table 45. China Battery Market by Technology, 2022-2032, $ mn
Table 46. China Battery Market by Application, 2022-2032, $ mn
Table 47. Australia Battery Market by Product, 2022-2032, $ mn
Table 48. Australia Battery Market by Technology, 2022-2032, $ mn
Table 49. Australia Battery Market by Application, 2022-2032, $ mn
Table 50. India Battery Market by Product, 2022-2032, $ mn
Table 51. India Battery Market by Technology, 2022-2032, $ mn
Table 52. India Battery Market by Application, 2022-2032, $ mn
Table 53. South Korea Battery Market by Product, 2022-2032, $ mn
Table 54. South Korea Battery Market by Technology, 2022-2032, $ mn
Table 55. South Korea Battery Market by Application, 2022-2032, $ mn
Table 56. Battery Market in Rest of APAC by Country/Region, 2022-2032, $ mn
Table 57. South America Battery Market by Country, 2022-2032, $ mn
Table 58. Argentina Battery Market by Product, 2022-2032, $ mn
Table 59. Argentina Battery Market by Technology, 2022-2032, $ mn
Table 60. Argentina Battery Market by Application, 2022-2032, $ mn
Table 61. Brazil Battery Market by Product, 2022-2032, $ mn
Table 62. Brazil Battery Market by Technology, 2022-2032, $ mn
Table 63. Brazil Battery Market by Application, 2022-2032, $ mn
Table 64. Chile Battery Market by Product, 2022-2032, $ mn
Table 65. Chile Battery Market by Technology, 2022-2032, $ mn
Table 66. Chile Battery Market by Application, 2022-2032, $ mn
Table 67. MEA Battery Market by Country, 2022-2032, $ mn
Table 68. UAE Battery Market by Product, 2022-2032, $ mn
Table 69. UAE Battery Market by Technology, 2022-2032, $ mn
Table 70. UAE Battery Market by Application, 2022-2032, $ mn
Table 71. Saudi Arabia Battery Market by Product, 2022-2032, $ mn
Table 72. Saudi Arabia Battery Market by Technology, 2022-2032, $ mn
Table 73. Saudi Arabia Battery Market by Application, 2022-2032, $ mn
Table 74. South Africa Battery Market by Product, 2022-2032, $ mn
Table 75. South Africa Battery Market by Technology, 2022-2032, $ mn
Table 76. South Africa Battery Market by Application, 2022-2032, $ mn
Table 77. A123 Systems, LLC: Company Snapshot
Table 78. A123 Systems, LLC: Business Segmentation
Table 79. A123 Systems, LLC: Product Portfolio

List Of Figures

LIST OF FIGURES:

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032
Figure 4. Industry Value Chain Analysis
Figure 5. Global Battery Market, 2022-2032, $ mn
Figure 6. Impact of COVID-19 on Business
Figure 7. Primary Drivers and Impact Factors of Global Battery Market
Figure 8. World Electric Vehicle Market, 2019-2030, $ bn
Figure 9. World Electric Vehicle Market, 2019-2030, million units
Figure 10. Renewable Electricity Capacity Growth by Region/Country, 2015-2020 and 2022-2027, GW
Figure 11. Primary Restraints and Impact Factors of Global Battery Market
Figure 12. Investment Opportunity Analysis
Figure 13. Porter’s Fiver Forces Analysis of Global Battery Market
Figure 14. Breakdown of Global Battery Market by Product, 2022-2032, % of Revenue
Figure 15. Global Addressable Market Cap in 2023-2032 by Product, Value ($ mn) and Share (%)
Figure 16. Global Battery Market by Product: Primary Battery, 2022-2032, $ mn
Figure 17. Global Battery Market by Product: Secondary Battery, 2022-2032, $ mn
Figure 18. Breakdown of Global Battery Market by Technology, 2022-2032, % of Sales Revenue
Figure 19. Global Addressable Market Cap in 2023-2032 by Technology, Value ($ mn) and Share (%)
Figure 20. Global Battery Market by Technology: Lead-acid Battery, 2022-2032, $ mn
Figure 21. Global Battery Market by Technology: Lithium-ion Battery, 2022-2032, $ mn
Figure 22. Global Battery Market by Technology: Nickel-based Battery, 2022-2032, $ mn
Figure 23. Global Battery Market by Technology: Flow Battery, 2022-2032, $ mn
Figure 24. Global Battery Market by Technology: Sodium–sulfur (NAS) Battery, 2022-2032, $ mn
Figure 25. Global Battery Market by Technology: Zinc-manganese Dioxide Battery, 2022-2032, $ mn
Figure 26. Global Battery Market by Technology: Other Technologies, 2022-2032, $ mn
Figure 27. Breakdown of Global Battery Market by Application, 2022-2032, % of Sales Revenue
Figure 28. Global Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%)
Figure 29. Global Battery Market by Application: Automotive Batteries, 2022-2032, $ mn
Figure 30. Global Battery Market by Application: Industrial Batteries, 2022-2032, $ mn
Figure 31. Global Battery Market by Application: Consumer Electronics, 2022-2032, $ mn
Figure 32. Global Battery Market by Application: Commercial Applications, 2022-2032, $ mn
Figure 33. Global Battery Market by Application: Other Applications, 2022-2032, $ mn
Figure 34. Global Market Snapshot by Region
Figure 35. Geographic Spread of Worldwide Battery Market, 2022-2032, % of Sales Revenue
Figure 36. Global Addressable Market Cap in 2023-2032 by Region, Value ($ mn) and Share (%)
Figure 37. North American Battery Market, 2022-2032, $ mn
Figure 38. Breakdown of North America Battery Market by Country, 2022 and 2032, % of Revenue
Figure 39. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 40. U.S. Battery Market, 2022-2032, $ mn
Figure 41. Canada Battery Market, 2022-2032, $ mn
Figure 42. Battery Market in Mexico, 2022-2032, $ mn
Figure 43. European Battery Market, 2022-2032, $ mn
Figure 44. Breakdown of European Battery Market by Country, 2022 and 2032, % of Revenue
Figure 45. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 46. Battery Market in Germany, 2022-2032, $ mn
Figure 47. Battery Market in U.K., 2022-2032, $ mn
Figure 48. Battery Market in France, 2022-2032, $ mn
Figure 49. Battery Market in Spain, 2022-2032, $ mn
Figure 50. Battery Market in Italy, 2022-2032, $ mn
Figure 51. Battery Market in Netherlands, 2022-2032, $ mn
Figure 52. Battery Market in Rest of Europe, 2022-2032, $ mn
Figure 53. Asia-Pacific Battery Market, 2022-2032, $ mn
Figure 54. Breakdown of APAC Battery Market by Country, 2022 and 2032, % of Revenue
Figure 55. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 56. Battery Market in Japan, 2022-2032, $ mn
Figure 57. Battery Market in China, 2022-2032, $ mn
Figure 58. Battery Market in Australia, 2022-2032, $ mn
Figure 59. Battery Market in India, 2022-2032, $ mn
Figure 60. Battery Market in South Korea, 2022-2032, $ mn
Figure 61. Battery Market in Rest of APAC, 2022-2032, $ mn
Figure 62. South America Battery Market, 2022-2032, $ mn
Figure 63. Breakdown of South America Battery Market by Country, 2022 and 2032, % of Revenue
Figure 64. Contribution to South America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 65. Battery Market in Argentina, 2022-2032, $ mn
Figure 66. Battery Market in Brazil, 2022-2032, $ mn
Figure 67. Battery Market in Chile, 2022-2032, $ mn
Figure 68. Battery Market in Rest of South America, 2022-2032, $ mn
Figure 69. Battery Market in Middle East and Africa (MEA), 2022-2032, $ mn
Figure 70. Breakdown of MEA Battery Market by Country, 2022 and 2032, % of Revenue
Figure 71. Contribution to MEA 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 72. Battery Market in UAE, 2022-2032, $ mn
Figure 73. Battery Market in Saudi Arabia, 2022-2032, $ mn
Figure 74. Battery Market in South Africa, 2022-2032, $ mn
Figure 75. Growth Stage of Global Battery Industry over the Forecast Period