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The battery market has the potential to grow by USD 82.89 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 27.77%.
This battery market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (consumer electronics, transportation, and stationary) and geography (APAC, North America, Europe, South America, and MEA). The battery market report also offers information on several market vendors, including Aptiv Plc, Exide Technologies, GS Yuasa Corp., Johnson Controls International Plc, LG Chem Ltd., Panasonic Corp., Robert Bosch GmbH, Saft Groupe SA, Samsung SDI Co. Ltd., and Toshiba Corp. among others.
Browse TOC and LoE with selected illustrations and example pages of Battery Market
The rising inclusion of renewables in the energy mix is notably driving the battery market growth, although factors such as the demand-supply gap of battery components may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the battery market industry get your FREE report sample now.
This battery market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
The battery market is fragmented and the vendors are deploying growth strategies such as focusing on developing new products to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the battery market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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62% of the market’s growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for battery market in APAC. Market growth in this region will be faster than the growth of the market in other regions. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
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The battery market share growth by the consumer electronics segment will be significant during the forecast period. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the battery market size.
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Battery Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 27.77% |
Market growth 2021-2025 |
$ 82.89 billion |
Market structure |
Fragmented |
YoY growth (%) |
21.56 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 62% |
Key consumer countries |
China, US, Japan, South Korea (Republic of Korea), and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Aptiv Plc, Exide Technologies, GS Yuasa Corp., Johnson Controls International Plc, LG Chem Ltd., Panasonic Corp., Robert Bosch GmbH, Saft Groupe SA, Samsung SDI Co. Ltd., and Toshiba Corp. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for 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. |
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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