Setting

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

Published: 31 Jan 2023 | Report Code: 10248910 | Pages: 154

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.)

Table Of Contents:
1 Introduction	8
1.1 Industry Definition and Research Scope	8
1.1.1 Industry Definition	8
1.1.2 Research Scope	9
1.2 Research Methodology	12
1.2.1 Overview of Market Research Methodology	12
1.2.2 Market Assumption	13
1.2.3 Secondary Data	13
1.2.4 Primary Data	13
1.2.5 Data Filtration and Model Design	14
1.2.6 Market Size/Share Estimation	15
1.2.7 Research Limitations	16
1.3 Executive Summary	17
2 Market Overview and Dynamics	19
2.1 Market Size and Forecast	19
2.1.1 Impact of COVID-19 on World Economy	21
2.1.2 Impact of COVID-19 on the Market	24
2.2 Major Growth Drivers	26
2.3 Market Restraints and Challenges	31
2.4 Emerging Opportunities and Market Trends	34
2.5 Porter’s Fiver Forces Analysis	38
3 Segmentation of Global Market by Product	42
3.1 Market Overview by Product	42
3.2 Primary Battery	44
3.3 Secondary Battery	45
4 Segmentation of Global Market by Technology	46
4.1 Market Overview by Technology	46
4.2 Lead-acid Battery	48
4.3 Lithium-ion Battery	49
4.4 Nickel-based Battery	50
4.5 Flow Battery	51
4.6 Sodium–sulfur (NAS) Battery	52
4.7 Zinc-manganese Dioxide Battery	53
4.8 Other Technologies	54
5 Segmentation of Global Market by Application	55
5.1 Market Overview by Application	55
5.2 Automotive Batteries	57
5.3 Industrial Batteries	58
5.4 Consumer Electronics	59
5.5 Commercial Applications	60
5.6 Other Applications	61
6 Segmentation of Global Market by Region	62
6.1 Geographic Market Overview 2022-2032	62
6.2 North America Market 2022-2032 by Country	66
6.2.1 Overview of North America Market	66
6.2.2 U.S.	70
6.2.3 Canada	73
6.2.4 Mexico	75
6.3 European Market 2022-2032 by Country	77
6.3.1 Overview of European Market	77
6.3.2 Germany	81
6.3.3 U.K.	83
6.3.4 France	85
6.3.5 Spain	87
6.3.6 Italy	89
6.3.7 Netherlands	91
6.3.8 Rest of European Market	93
6.4 Asia-Pacific Market 2022-2032 by Country	95
6.4.1 Overview of Asia-Pacific Market	95
6.4.2 Japan	99
6.4.3 China	102
6.4.4 Australia	104
6.4.5 India	106
6.4.6 South Korea	108
6.4.7 Rest of APAC Region	110
6.5 South America Market 2022-2032 by Country	112
6.5.1 Argentina	115
6.5.2 Brazil	117
6.5.3 Chile	119
6.5.4 Rest of South America Market	121
6.6 MEA Market 2022-2032 by Country	122
6.6.1 UAE	125
6.6.2 Saudi Arabia	127
6.6.3 South Africa	129
6.6.4 Other National Markets	131
7 Competitive Landscape	132
7.1 Overview of Key Vendors	132
7.2 New Product Launch, Partnership, Investment, and M&A	135
7.3 Company Profiles	136
A123 Systems, LLC	136
BYD Company Ltd.	138
Clarios (Formerly Johnson Controls International PLC)	139
Contemporary Amperex Technology Co., Ltd. (CATL)	140
Duracell Inc.	141
EnerSys	142
Exide Technologies, Inc.	143
GS Yuasa Corporation	144
Hitachi Chemical Co., Ltd.	145
LG Chem Ltd.	146
Panasonic Corporation	147
Saft Groupe S.A.	148
Samsung SDI Co., Ltd.	149
Tesla Inc.	150
TianJin Lishen Battery Joint-Stock Co., Ltd.	151
Toshiba Corporation	152
VARTA AG	153
RELATED REPORTS	154
List of Tables:

Table 1.  Snapshot of Global Battery Market in Balanced Perspective, 2022-2032	18
Table 2. World Economic Outlook, 2021-2031	22
Table 3. World Economic Outlook, 2021-2023	23
Table 4.  Main Product Trends and Market Opportunities in Global Battery Market	34
Table 5. Global Battery Market by Product, 2022-2032, $ mn	42
Table 6. Global Battery Market by Technology, 2022-2032, $ mn	46
Table 7. Global Battery Market by Application, 2022-2032, $ mn	55
Table 8. Global Battery Market by Region, 2022-2032, $ mn	63
Table 9.  Leading National Battery Market, 2022 and 2032, $ mn	65
Table 10. North America Battery Market by Country, 2022-2032, $ mn	68
Table 11. U.S. Battery Market by Product, 2022-2032, $ mn	72
Table 12. U.S. Battery Market by Technology, 2022-2032, $ mn	72
Table 13. U.S. Battery Market by Application, 2022-2032, $ mn	72
Table 14. Canada Battery Market by Product, 2022-2032, $ mn	74
Table 15. Canada Battery Market by Technology, 2022-2032, $ mn	74
Table 16. Canada Battery Market by Application, 2022-2032, $ mn	74
Table 17. Mexico Battery Market by Product, 2022-2032, $ mn	76
Table 18. Mexico Battery Market by Technology, 2022-2032, $ mn	76
Table 19. Mexico Battery Market by Application, 2022-2032, $ mn	76
Table 20. Europe Battery Market by Country, 2022-2032, $ mn	80
Table 21. Germany Battery Market by Product, 2022-2032, $ mn	82
Table 22. Germany Battery Market by Technology, 2022-2032, $ mn	82
Table 23. Germany Battery Market by Application, 2022-2032, $ mn	82
Table 24. U.K. Battery Market by Product, 2022-2032, $ mn	84
Table 25. U.K. Battery Market by Technology, 2022-2032, $ mn	84
Table 26. U.K. Battery Market by Application, 2022-2032, $ mn	84
Table 27. France Battery Market by Product, 2022-2032, $ mn	86
Table 28. France Battery Market by Technology, 2022-2032, $ mn	86
Table 29. France Battery Market by Application, 2022-2032, $ mn	86
Table 30. Spain Battery Market by Product, 2022-2032, $ mn	88
Table 31. Spain Battery Market by Technology, 2022-2032, $ mn	88
Table 32. Spain Battery Market by Application, 2022-2032, $ mn	88
Table 33. Italy Battery Market by Product, 2022-2032, $ mn	90
Table 34. Italy Battery Market by Technology, 2022-2032, $ mn	90
Table 35. Italy Battery Market by Application, 2022-2032, $ mn	90
Table 36. Netherlands Battery Market by Product, 2022-2032, $ mn	92
Table 37. Netherlands Battery Market by Technology, 2022-2032, $ mn	92
Table 38. Netherlands Battery Market by Application, 2022-2032, $ mn	92
Table 39. Battery Market in Rest of Europe by Country, 2022-2032, $ mn	94
Table 40. APAC Battery Market by Country, 2022-2032, $ mn	97
Table 41. Japan Battery Market by Product, 2022-2032, $ mn	101
Table 42. Japan Battery Market by Technology, 2022-2032, $ mn	101
Table 43. Japan Battery Market by Application, 2022-2032, $ mn	101
Table 44. China Battery Market by Product, 2022-2032, $ mn	103
Table 45. China Battery Market by Technology, 2022-2032, $ mn	103
Table 46. China Battery Market by Application, 2022-2032, $ mn	103
Table 47. Australia Battery Market by Product, 2022-2032, $ mn	105
Table 48. Australia Battery Market by Technology, 2022-2032, $ mn	105
Table 49. Australia Battery Market by Application, 2022-2032, $ mn	105
Table 50. India Battery Market by Product, 2022-2032, $ mn	107
Table 51. India Battery Market by Technology, 2022-2032, $ mn	107
Table 52. India Battery Market by Application, 2022-2032, $ mn	107
Table 53. South Korea Battery Market by Product, 2022-2032, $ mn	109
Table 54. South Korea Battery Market by Technology, 2022-2032, $ mn	109
Table 55. South Korea Battery Market by Application, 2022-2032, $ mn	109
Table 56. Battery Market in Rest of APAC by Country/Region, 2022-2032, $ mn	111
Table 57. South America Battery Market by Country, 2022-2032, $ mn	114
Table 58. Argentina Battery Market by Product, 2022-2032, $ mn	116
Table 59. Argentina Battery Market by Technology, 2022-2032, $ mn	116
Table 60. Argentina Battery Market by Application, 2022-2032, $ mn	116
Table 61. Brazil Battery Market by Product, 2022-2032, $ mn	118
Table 62. Brazil Battery Market by Technology, 2022-2032, $ mn	118
Table 63. Brazil Battery Market by Application, 2022-2032, $ mn	118
Table 64. Chile Battery Market by Product, 2022-2032, $ mn	120
Table 65. Chile Battery Market by Technology, 2022-2032, $ mn	120
Table 66. Chile Battery Market by Application, 2022-2032, $ mn	120
Table 67. MEA Battery Market by Country, 2022-2032, $ mn	124
Table 68. UAE Battery Market by Product, 2022-2032, $ mn	126
Table 69. UAE Battery Market by Technology, 2022-2032, $ mn	126
Table 70. UAE Battery Market by Application, 2022-2032, $ mn	126
Table 71. Saudi Arabia Battery Market by Product, 2022-2032, $ mn	128
Table 72. Saudi Arabia Battery Market by Technology, 2022-2032, $ mn	128
Table 73. Saudi Arabia Battery Market by Application, 2022-2032, $ mn	128
Table 74. South Africa Battery Market by Product, 2022-2032, $ mn	130
Table 75. South Africa Battery Market by Technology, 2022-2032, $ mn	130
Table 76. South Africa Battery Market by Application, 2022-2032, $ mn	130
Table 77. A123 Systems, LLC: Company Snapshot	136
Table 78. A123 Systems, LLC: Business Segmentation	137
Table 79. A123 Systems, LLC: Product Portfolio	137
List of Figures:

Figure 1. Research Method Flow Chart	12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation	15
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032	17
Figure 4. Industry Value Chain Analysis	19
Figure 5. Global Battery Market, 2022-2032, $ mn	20
Figure 6. Impact of COVID-19 on Business	24
Figure 7. Primary Drivers and Impact Factors of Global Battery Market	26
Figure 8. World Electric Vehicle Market, 2019-2030, $ bn	29
Figure 9. World Electric Vehicle Market, 2019-2030, million units	29
Figure 10. Renewable Electricity Capacity Growth by Region/Country, 2015-2020 and 2022-2027, GW	30
Figure 11. Primary Restraints and Impact Factors of Global Battery Market	31
Figure 12. Investment Opportunity Analysis	35
Figure 13. Porter’s Fiver Forces Analysis of Global Battery Market	38
Figure 14. Breakdown of Global Battery Market by Product, 2022-2032, % of Revenue	43
Figure 15. Global Addressable Market Cap in 2023-2032 by Product, Value ($ mn) and Share (%)	43
Figure 16. Global Battery Market by Product: Primary Battery, 2022-2032, $ mn	44
Figure 17. Global Battery Market by Product: Secondary Battery, 2022-2032, $ mn	45
Figure 18. Breakdown of Global Battery Market by Technology, 2022-2032, % of Sales Revenue	47
Figure 19. Global Addressable Market Cap in 2023-2032 by Technology, Value ($ mn) and Share (%)	47
Figure 20. Global Battery Market by Technology: Lead-acid Battery, 2022-2032, $ mn	48
Figure 21. Global Battery Market by Technology: Lithium-ion Battery, 2022-2032, $ mn	49
Figure 22. Global Battery Market by Technology: Nickel-based Battery, 2022-2032, $ mn	50
Figure 23. Global Battery Market by Technology: Flow Battery, 2022-2032, $ mn	51
Figure 24. Global Battery Market by Technology: Sodium–sulfur (NAS) Battery, 2022-2032, $ mn	52
Figure 25. Global Battery Market by Technology: Zinc-manganese Dioxide Battery, 2022-2032, $ mn	53
Figure 26. Global Battery Market by Technology: Other Technologies, 2022-2032, $ mn	54
Figure 27. Breakdown of Global Battery Market by Application, 2022-2032, % of Sales Revenue	56
Figure 28. Global Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%)	56
Figure 29. Global Battery Market by Application: Automotive Batteries, 2022-2032, $ mn	57
Figure 30. Global Battery Market by Application: Industrial Batteries, 2022-2032, $ mn	58
Figure 31. Global Battery Market by Application: Consumer Electronics, 2022-2032, $ mn	59
Figure 32. Global Battery Market by Application: Commercial Applications, 2022-2032, $ mn	60
Figure 33. Global Battery Market by Application: Other Applications, 2022-2032, $ mn	61
Figure 34.  Global Market Snapshot by Region	62
Figure 35.  Geographic Spread of Worldwide Battery Market, 2022-2032, % of Sales Revenue	63
Figure 36. Global Addressable Market Cap in 2023-2032 by Region, Value ($ mn) and Share (%)	64
Figure 37.  North American Battery Market, 2022-2032, $ mn	67
Figure 38. Breakdown of North America Battery Market by Country, 2022 and 2032, % of Revenue	68
Figure 39. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)	69
Figure 40. U.S. Battery Market, 2022-2032, $ mn	71
Figure 41. Canada Battery Market, 2022-2032, $ mn	73
Figure 42.  Battery Market in Mexico, 2022-2032, $ mn	75
Figure 43.  European Battery Market, 2022-2032, $ mn	78
Figure 44. Breakdown of European Battery Market by Country, 2022 and 2032, % of Revenue	79
Figure 45. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)	80
Figure 46.  Battery Market in Germany, 2022-2032, $ mn	81
Figure 47.  Battery Market in U.K., 2022-2032, $ mn	83
Figure 48.  Battery Market in France, 2022-2032, $ mn	85
Figure 49.  Battery Market in Spain, 2022-2032, $ mn	87
Figure 50.  Battery Market in Italy, 2022-2032, $ mn	89
Figure 51.  Battery Market in Netherlands, 2022-2032, $ mn	91
Figure 52.  Battery Market in Rest of Europe, 2022-2032, $ mn	93
Figure 53. Asia-Pacific Battery Market, 2022-2032, $ mn	96
Figure 54. Breakdown of APAC Battery Market by Country, 2022 and 2032, % of Revenue	96
Figure 55. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)	98
Figure 56.  Battery Market in Japan, 2022-2032, $ mn	100
Figure 57.  Battery Market in China, 2022-2032, $ mn	102
Figure 58.  Battery Market in Australia, 2022-2032, $ mn	104
Figure 59.  Battery Market in India, 2022-2032, $ mn	106
Figure 60.  Battery Market in South Korea, 2022-2032, $ mn	108
Figure 61.  Battery Market in Rest of APAC, 2022-2032, $ mn	110
Figure 62. South America Battery Market, 2022-2032, $ mn	113
Figure 63. Breakdown of South America Battery Market by Country, 2022 and 2032, % of Revenue	113
Figure 64. Contribution to South America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)	114
Figure 65.  Battery Market in Argentina, 2022-2032, $ mn	115
Figure 66.  Battery Market in Brazil, 2022-2032, $ mn	117
Figure 67.  Battery Market in Chile, 2022-2032, $ mn	119
Figure 68.  Battery Market in Rest of South America, 2022-2032, $ mn	121
Figure 69. Battery Market in Middle East and Africa (MEA), 2022-2032, $ mn	123
Figure 70. Breakdown of MEA Battery Market by Country, 2022 and 2032, % of Revenue	123
Figure 71. Contribution to MEA 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)	124
Figure 72.  Battery Market in UAE, 2022-2032, $ mn	125
Figure 73.  Battery Market in Saudi Arabia, 2022-2032, $ mn	127
Figure 74.  Battery Market in South Africa, 2022-2032, $ mn	129
Figure 75. Growth Stage of Global Battery Industry over the Forecast Period	132
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.)