Battery Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, Japan, Germany, UK - Size and Forecast 2023-2027

Published: Dec 2022

Pages: 169

SKU: IRTNTR74788

Snapshot

Battery Market Trends, Growth and Forecast 2023-2027

The battery market size is projected to reach a value of USD 229.86 billion, with a CAGR of 17.22% between 2022 and 2027. The growth of the market depends on several factors, including the shift in the automotive industry to EVs, the increase in demand for rechargeable batteries, and the augmented demand from consumer electronics.

Market Overview

This market research and growth report extensively covers market segmentation by application (portable batteries, automotive batteries, and industrial batteries), type (lithium-ion battery, lead acid battery, nickel metal hydride battery, nickel-cadmium battery, and others), and geography (APAC, Europe, North America, South America, and Middle East and Africa). Within the battery market, the increasing significance of lithium-ion batteries is highlighted as they play an expanding role across various sectors. With the demand for increased capacity and continuous innovation in battery technologies, the lithium-ion battery market has experienced a substantial growth rate, surpassing traditional lead-acid batteries in terms of usage, especially in energy storage systems.

Market Trends and Forecasting

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Market Analysis and Growth Driver

The shift in the automotive industry to EVs is notably driving the growth of the battery market share. Electric vehicles are growing in popularity due to growing concerns about environmental pollution and a shift to a more sustainable ecosystem. Several countries have developed policies to reduce air pollution and vehicle emissions. Gasoline or conventional vehicles emit on average twice as many greenhouse gases as electric cars. Therefore, the automotive industry is shifting its focus to electrified cars to reduce emissions and carbon footprint.

Batteries are the dominant power solution for electric cars. In an electric car, the battery pack consists of tens of thousands of batteries called cells. Depending on the vehicle design, EV manufacturers use these cells to improve efficiency. Tesla, one of the largest electric car manufacturers in the world, uses batteries made by Panasonic in its cars.The proliferation of electric cars due to the factors of sustainability development will increase the sales volumes of batteries, which will contribute to the growth of the market.

The demand-supply dynamics, along with ongoing innovations, underscore the importance of lithium-ion batteries in achieving superior performance, efficiency, and cost-effectiveness. As the battery market evolves, the sustainability factor of lithium-ion batteries continues to account for their prominent role in shaping the future of electric technology and overall industry growth.

Emerging Technologies

Technological developments are a major trend in the market. Technologies such as batteries have seen rapid improvements in efficiency and cost as suppliers' R&D capabilities have increased. Batteries have numerous applications in consumer electronics due to their high energy density, which will drive the growth of the global market during the forecast period. Additionally, several vendors are also bringing technologies that are new to the market and will boost the market growth.

Study has highlighted the role of lithium-ion batteries in powering the transition to a more sustainable and efficient energy landscape, contributing to the overall trend in the battery industry. The versatility of these rechargeable batteries makes them crucial in fulfilling the energy and power needs of diverse applications, from portable devices to the automotive sector and grid-level renewable energy storage.

Wireless charging technology is gaining acceptance rapidly among consumers. It is used in battery products like smartphones and smartwatches. It provides a reliable way to charge electrical devices. Wireless charging for wearables and other devices uses AA batteries. The devices mostly use AA batteries because it makes the internal charging of the device convenient. In addition, several suppliers are launching electronic devices equipped with wireless charging technology. These factors will drive the market growth and trends of the global battery market during the forecast period.

Major Battery Market Challenge

The use of counterfeit batteries is a major challenge impeding market growth. Fake products pose a serious threat to the safety and human health worldwide. By purchasing counterfeit products, consumers risk receiving toxic ingredients, contaminated products, or defective parts. One in ten consumer electronics products sold, including electrical fuse boxes, home appliances, and mobile phone batteries, were found to be counterfeit.

Environmental Impact of Batteries and Regulatory Environment

Additionally, manufacturing counterfeit goods without regulations can endanger the environment. Substances such as toxic dyes and chemicals are often disposed of illegally. Environment-friendly disposal of confiscated counterfeit electronic products can be difficult. Such environmental along safety threats will hinder the growth of the global consumer battery market during the forecast period.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Battery Market Customer Landscape

Key Players in the Battery Market

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Furukawa Electric Co. Ltd. - The company operates under multiple segments including electronics and automotive systems, and functional products among others, with a high focus on electronics and automotive systems.? The company under this segment?offers solutions for automotive products. The company's key offerings include?batteries.

The market report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

Qualitative and quantitative market analysis and report of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Battery Applications

The market share growth by the portable batteries segment will be significant during the forecast period. A portable battery is a compact, hand-sized device that is designed to be flexible enough to accommodate the needs of the customer.

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The portable battery segment was valued at USD 46.04 billion in 2017 and continued to grow until 2021. The need for portable batteries is rising in parallel with the development of technological products. The requirement to often recharge mobile phones, wireless devices, and other charging electronic devices has emerged as a crucial factor driving the growth of the portable batteries industry in recent years. Around 85% of mobile phones sold worldwide are powered by rechargeable batteries. The energy storage sector is anticipated to grow at a staggering rate of 30% annually, driving demand for batteries. Numerous home appliances, such as calculators, torches, clocks, and timepieces, among others, frequently use portable batteries. Additionally, the rising popularity of smartphones and tablets is increasing the use of portable batteries, establishing them as a separate product category within the consumer electronics industry. Hence, owing to such factors, the portable battery segment is expected to grow during the forecast period.

Regional Analysis

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APAC is estimated to contribute 48% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Batteries are mainly used in various consumer electronics, such as smartphones, laptops, and tablets. The demand for batteries is expected to increase in APAC owing to the decreasing cost of Li-ion batteries during the forecast period. Furthermore, India is expected to aggressively increase the domestic production of batteries. In addition, the increasing smartphone adoption rates have made APAC one of the largest mobile markets in the world. More than half of the world's mobile subscribers reside in this region, mostly in China and India.

Segment Overview

The report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Types of Batteries Outlook (USD Billion, 2017 - 2027)
- Lithium-ion
- Lead acid
- Nickel metal hydride
- Nickel-cadmium
- Others

Application Outlook (USD Billion, 2017 - 2027)
- Portable batteries
- Automotive batteries
- Industrial batteries

Region Outlook (USD Billion, 2017 - 2027)
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa
- South America
  - Chile
  - Brazil
  - Argentina

Battery Market Scope
Report Coverage	Details
Page number	169
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 17.22%
Market growth 2023-2027	USD 229.86 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	15.49
Regional analysis	APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution	APAC at 48%
Key countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	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.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Growth Analysis Report?

CAGR of the market forecast during 2023-2027
Detailed information on factors that will drive the growth of the batteries industry between 2023 and 2027
Precise estimation of the battery market size and its contribution to the parent market
Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
Growth of the industry across APAC, Europe, North America, South America, and Middle East and Africa
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of battery market vendors

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global battery market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global battery market 2017 - 2021 ($ billion)

4.2 Application Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)

4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application

6.3 Portable batteries - Market size and forecast 2022-2027
- Exhibit 34: Chart on Portable batteries - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Portable batteries - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Portable batteries - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Portable batteries - Year-over-year growth 2022-2027 (%)

6.4 Automotive batteries - Market size and forecast 2022-2027
- Exhibit 38: Chart on Automotive batteries - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Automotive batteries - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Automotive batteries - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Automotive batteries - Year-over-year growth 2022-2027 (%)

6.5 Industrial batteries - Market size and forecast 2022-2027
- Exhibit 42: Chart on Industrial batteries - Market size and forecast 2022-2027 ($ billion)
- Exhibit 43: Data Table on Industrial batteries - Market size and forecast 2022-2027 ($ billion)
- Exhibit 44: Chart on Industrial batteries - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Industrial batteries - Year-over-year growth 2022-2027 (%)

6.6 Market opportunity by Application
- Exhibit 46: Market opportunity by Application ($ billion)

7 Market Segmentation by Type

7.1 Market segments
- Exhibit 47: Chart on Type - Market share 2022-2027 (%)
- Exhibit 48: Data Table on Type - Market share 2022-2027 (%)

7.2 Comparison by Type
- Exhibit 49: Chart on Comparison by Type
- Exhibit 50: Data Table on Comparison by Type

7.3 Lithium ion - Market size and forecast 2022-2027
- Exhibit 51: Chart on Lithium ion - Market size and forecast 2022-2027 ($ billion)
- Exhibit 52: Data Table on Lithium ion - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Chart on Lithium ion - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Lithium ion - Year-over-year growth 2022-2027 (%)

7.4 Lead acid - Market size and forecast 2022-2027
- Exhibit 55: Chart on Lead acid - Market size and forecast 2022-2027 ($ billion)
- Exhibit 56: Data Table on Lead acid - Market size and forecast 2022-2027 ($ billion)
- Exhibit 57: Chart on Lead acid - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Lead acid - Year-over-year growth 2022-2027 (%)

7.5 Nickel metal hydride - Market size and forecast 2022-2027
- Exhibit 59: Chart on Nickel metal hydride - Market size and forecast 2022-2027 ($ billion)
- Exhibit 60: Data Table on Nickel metal hydride - Market size and forecast 2022-2027 ($ billion)
- Exhibit 61: Chart on Nickel metal hydride - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Nickel metal hydride - Year-over-year growth 2022-2027 (%)

7.6 Nickel cadmium - Market size and forecast 2022-2027
- Exhibit 63: Chart on Nickel cadmium - Market size and forecast 2022-2027 ($ billion)
- Exhibit 64: Data Table on Nickel cadmium - Market size and forecast 2022-2027 ($ billion)
- Exhibit 65: Chart on Nickel cadmium - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on Nickel cadmium - Year-over-year growth 2022-2027 (%)

7.7 Others - Market size and forecast 2022-2027
- Exhibit 67: Chart on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 68: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 69: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on Others - Year-over-year growth 2022-2027 (%)

7.8 Market opportunity by Type
- Exhibit 71: Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 72: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 73: Chart on Market share by geography 2022-2027 (%)
- Exhibit 74: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 75: Chart on Geographic comparison
- Exhibit 76: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2022-2027
- Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027
- Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 North America - Market size and forecast 2022-2027
- Exhibit 85: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 86: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 87: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027
- Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 93: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 94: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 95: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 China - Market size and forecast 2022-2027
- Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)

9.9 US - Market size and forecast 2022-2027
- Exhibit 101: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 102: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 103: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on US - Year-over-year growth 2022-2027 (%)

9.10 Germany - Market size and forecast 2022-2027
- Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.11 UK - Market size and forecast 2022-2027
- Exhibit 109: Chart on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 110: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 111: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 112: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.12 Japan - Market size and forecast 2022-2027
- Exhibit 113: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 114: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 115: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 116: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 117: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 118: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 119: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 120: Overview on factors of disruption

11.4 Industry risks
- Exhibit 121: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 122: Vendors covered

12.2 Market positioning of vendors
- Exhibit 123: Matrix on vendor position and classification

12.3 A123 Systems LLC
- Exhibit 124: A123 Systems LLC - Overview
- Exhibit 125: A123 Systems LLC - Product / Service
- Exhibit 126: A123 Systems LLC - Key offerings

12.4 Clarios
- Exhibit 127: Clarios - Overview
- Exhibit 128: Clarios - Product / Service
- Exhibit 129: Clarios - Key news
- Exhibit 130: Clarios - Key offerings

12.5 Cummins Inc.
- Exhibit 131: Cummins Inc. - Overview
- Exhibit 132: Cummins Inc. - Business segments
- Exhibit 133: Cummins Inc. - Key offerings
- Exhibit 134: Cummins Inc. - Segment focus

12.6 EnerSys
- Exhibit 135: EnerSys - Overview
- Exhibit 136: EnerSys - Business segments
- Exhibit 137: EnerSys - Key news
- Exhibit 138: EnerSys - Key offerings
- Exhibit 139: EnerSys - Segment focus

12.7 Exide Industries Ltd.
- Exhibit 140: Exide Industries Ltd. - Overview
- Exhibit 141: Exide Industries Ltd. - Product / Service
- Exhibit 142: Exide Industries Ltd. - Key offerings

12.8 Furukawa Electric Co. Ltd.
- Exhibit 143: Furukawa Electric Co. Ltd. - Overview
- Exhibit 144: Furukawa Electric Co. Ltd. - Business segments
- Exhibit 145: Furukawa Electric Co. Ltd. - Key news
- Exhibit 146: Furukawa Electric Co. Ltd. - Key offerings
- Exhibit 147: Furukawa Electric Co. Ltd. - Segment focus

12.9 GS Yuasa Corp.
- Exhibit 148: GS Yuasa Corp. - Overview
- Exhibit 149: GS Yuasa Corp. - Business segments
- Exhibit 150: GS Yuasa Corp. - Key news
- Exhibit 151: GS Yuasa Corp. - Key offerings
- Exhibit 152: GS Yuasa Corp. - Segment focus

12.10 Hitachi Ltd.
- Exhibit 153: Hitachi Ltd. - Overview
- Exhibit 154: Hitachi Ltd. - Business segments
- Exhibit 155: Hitachi Ltd. - Key news
- Exhibit 156: Hitachi Ltd. - Key offerings
- Exhibit 157: Hitachi Ltd. - Segment focus

12.11 LG Chem
- Exhibit 158: LG Chem - Overview
- Exhibit 159: LG Chem - Business segments
- Exhibit 160: LG Chem - Key news
- Exhibit 161: LG Chem - Key offerings
- Exhibit 162: LG Chem - Segment focus

12.12 Murata Manufacturing Co. Ltd.
- Exhibit 163: Murata Manufacturing Co. Ltd. - Overview
- Exhibit 164: Murata Manufacturing Co. Ltd. - Business segments
- Exhibit 165: Murata Manufacturing Co. Ltd. - Key news
- Exhibit 166: Murata Manufacturing Co. Ltd. - Key offerings
- Exhibit 167: Murata Manufacturing Co. Ltd. - Segment focus

12.13 Panasonic Holdings Corp.
- Exhibit 168: Panasonic Holdings Corp. - Overview
- Exhibit 169: Panasonic Holdings Corp. - Business segments
- Exhibit 170: Panasonic Holdings Corp. - Key news
- Exhibit 171: Panasonic Holdings Corp. - Key offerings
- Exhibit 172: Panasonic Holdings Corp. - Segment focus

12.14 Robert Bosch GmbH
- Exhibit 173: Robert Bosch GmbH - Overview
- Exhibit 174: Robert Bosch GmbH - Business segments
- Exhibit 175: Robert Bosch GmbH - Key news
- Exhibit 176: Robert Bosch GmbH - Key offerings
- Exhibit 177: Robert Bosch GmbH - Segment focus

12.15 Samsung Electronics Co. Ltd.
- Exhibit 178: Samsung Electronics Co. Ltd. - Overview
- Exhibit 179: Samsung Electronics Co. Ltd. - Business segments
- Exhibit 180: Samsung Electronics Co. Ltd. - Key news
- Exhibit 181: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 182: Samsung Electronics Co. Ltd. - Segment focus

12.16 TDK Corp.
- Exhibit 183: TDK Corp. - Overview
- Exhibit 184: TDK Corp. - Business segments
- Exhibit 185: TDK Corp. - Key news
- Exhibit 186: TDK Corp. - Key offerings
- Exhibit 187: TDK Corp. - Segment focus

12.17 Toshiba Corp.
- Exhibit 188: Toshiba Corp. - Overview
- Exhibit 189: Toshiba Corp. - Business segments
- Exhibit 190: Toshiba Corp. - Key offerings
- Exhibit 191: Toshiba Corp. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 192: Inclusions checklist
- Exhibit 193: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 194: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 195: Research methodology
- Exhibit 196: Validation techniques employed for market sizing
- Exhibit 197: Information sources

13.5 List of abbreviations
- Exhibit 198: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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