Global Batteries Market Forecast 2021


Posted March 6, 2021 by Kavita

Global Batteries Market Report 2021: COVID 19 Impact and Recovery to 2030 from provides the strategists
 
Bharat Book Bureau Provides the Trending Market Research Report on “Batteries Global Market Report 2021” under Consumer Goods Category. The report offers a collection of superior market research, market analysis competitive intelligence and Market reports.

Global Batteries Market Report 2021: COVID 19 Impact and Recovery to 2030 from provides the strategists, marketers and senior management with the critical information they need to assess the global batteries market as it emerges from the Covid 19 shut down.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.

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Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market research findings.
• Benchmark performance against key competitors.
• Utilize the relationships between key data sets for superior strategizing.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Description:

Where is the largest and fastest growing market for the batteries? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Batteries market global report from answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider batteries market, and compares it with other markets.
• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery.
• Market segmentations break down market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
• The batteries market section of the report gives context. It compares the batteries market with other segments of the electrical equipment market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, batteries indicators comparison.

Scope

Markets Covered: 1) By Type: Secondary Batteries; Primary Batteries
2) By Application: Automotive Batteries; Industrial Batteries; Portable Batteries; Power Tools Batteries; SLI Batteries; Others
3) By Sales Channel: OEM; Aftermarket
4) By Mode: Online; Offline

Subsegments Covered: Lead Acid; Lithium-Ion (Li-Ion); Nickel-Cadmium (Ni-Cd); Nickel Metal Hydride; Other Secondary Batteries; Alkaline Primary Batteries; Lithium Primary Batteries; Other Primary Batteries

Companies Mentioned: Panasonic Corporation; Johnson Controls Inc; GS Yuasa Corporation; East Penn Co Inc; EnerSys Ltd

Metrics Covered: Number of Enterprises; Number of Employees

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

Regions:
Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, batteries indicators comparison.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Major companies in the batteries market include Panasonic Corporation; Johnson Controls Inc; GS Yuasa Corporation; East Penn Manufacturing Co Inc and EnerSys Ltd.

The global batteries market is expected to grow from $82.95 billion in 2020 to $90.24 billion in 2021 at a compound annual growth rate (CAGR) of 8.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $126.85 billion in 2025 at a CAGR of 9%.

The batteries market consists of sales of batteries by entities (organizations, sole traders and partnerships) that produce primary and storage batteries. Examples of primary batteries include disposable flashlight batteries, dry cells, primary (e.g., AAA, AA, C, D, 9V), lithium batteries, primary, and watch batteries. Examples of storage batteries include lead acid storage batteries, lithium storage batteries, and rechargeable nickel-cadmium (NICAD) batteries. The batteries market is segmented into primary batteries and secondary batteries.

Asia Pacific was the largest region in the global batteries market, accounting for 39% of the market in 2020. North America was the second largest region accounting for 22% of the global batteries market. Africa was the smallest region in the global batteries market.

Flow batteries are gaining prominence due to low energy density than normal lithium ion batteries. Flow batteries are rechargeable batteries where chemical energy is provided by the two chemical components dissolved in liquids which are contained within a system. It doubles the maximum voltage and yields high storage capacity of renewable power. They have the advantage of supplying power to a large network of electric grid by storing a huge amount of energy than traditional batteries. For instance, some of the major companies manufacturing flow batteries include Sumitomo Electric Industries, UniEnergy Technologies, Dalian Rongke Power and Gildemeister.


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Tags batteries market analysis , batteries market share , batteries market size , batteries market type
Last Updated March 6, 2021