Global Battery Strategic Market Report 2023-2030 - Tweaks in EV Battery Chemistry & Policy Boost as Hallmarks of Evolving Battery Domain

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Oct 20, 2023, 11:30 ET

DUBLIN, Oct. 20, 2023 /PRNewswire/ -- The "Battery - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Battery Market to Reach $322.2 Billion by 2030

The global market for Battery estimated at US$112.9 Billion in the year 2022, is projected to reach a revised size of US$322.2 Billion by 2030, growing at a CAGR of 14% over the analysis period 2022-2030.

Lead Acid, one of the segments analyzed in the report, is projected to record 6% CAGR and reach US$60.2 Billion by the end of the analysis period. Growth in the Lithium Ion segment is estimated at 20.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $17.7 Billion, While China is Forecast to Grow at 16.1% CAGR

The Battery market in the U.S. is estimated at US$17.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$76.3 Billion by the year 2030 trailing a CAGR of 16.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.2% and 13.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.1% CAGR.

What`s New?

Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

As Indispensable Power Source, Significance of Batteries Continues to Grow in the Modern World
What is a Battery?
Evolution of Battery over the Years: A Snapshot
Pandemic Impact and Global Economic Update
From Pandemic to War & Inflation: "Gloomy Outlook for 2023 Despite Signs of Easing Inflationary Conditions"
Here's How Inflationary Pressures Affect the Economy
Supply Chain Disruptions Impact Battery Materials Market Prospects
COVID-19 Pandemic Drives Europe to Fortify All Sections of Battery Value Chain
Energy-Storage Materials for Li-Ion Batteries Face COVID-19 Headwinds
Global Market Outlook
Performance, Sustainability & Independence Trending Big in Battery Industry
Asia-Pacific to Experience Favorable Growth
Regionalization of Supply Chains
Competition
Li-ion Battery - Global Key Competitors Percentage Market Share in 2023 (E)
Leading EV Battery Manufacturers Worldwide (in %) for 2023E
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
Recent Market Activity

MARKET TRENDS & DRIVERS

Li-ion Battery Registers Strong Growth with Expanding Applications in Consumer Electronics, Electric Vehicles and Energy Storage Sectors
A Comparative Review of Key Properties of Different Li-ion Batteries
Existing and Emerging Applications of Lithium-Ion Batteries
China Dominates Li-ion Battery Production, US and Europe Make Efforts to Gain Strong Position
Global Li-ion Battery Manufacturing Capacity (in GWh) for the Years 2019, 2022 and 2025
Global Li-ion Battery Market Production Capacity Share Breakdown by Region/Country for 2020 and 2030
Global Li-ion Battery Production Capacity Pipeline in GWh for 2020 and 2030
Leading Li-ion Battery Mega Factories Worldwide: Ranked by Storage Capacity in GWh Per Annum
Robust Outlook for EVs Opens New Avenues of Growth for EV Batteries
Pandemic Impact on EVs and Prospects for Battery Technologies
Global Electric Vehicle Sales % Change in 2020
Electric Micromobility Rises in Prominence Amid Covid-19 Pandemic
Global Electric Passenger Car Stock (In Million Units) for the Years 2017, 2018, 2019, 2020 & 2025P
Global Electric Heavy Duty Vehicles Stock (In Million Units) for the Years 2017, 2018, 2019, 2020 & 2025P
Global Automakers Focus on Securing Raw Materials for EVs
Projected Demand for Metals and Minerals from Li-ion Battery Packs Used in Passenger EVs by Type for the Years 2025 and 2030 (In Thousand Metric Tons)
Rising Sales of Electric Buses Bolsters Demand for Li-ion Batteries
Shortfall of Raw Materials to Augment Cost of EV Batteries
Li-Ion Battery Cell & Pack Price (in $ per kWh) for the Years 2015-2023
Amazing Array of Trends Charging Up EV Battery Space
Tweaks in EV Battery Chemistry & Policy Boost as Hallmarks of Evolving Battery Domain
Major Players Operating in the EV Battery Space
Production of Electric Cars Set to Increase Focus on Battery Recycling
Global Li-ion Battery Recycling Market Share Breakdown by Region/Country for 2022
Li-ion Batteries Emerge as the Dominant Technology for Grid-Scale Energy Storage
Comparison of Key Features for NaS Battery, Lithium-ion Battery, and Flow Battery Technologies
Rapid Growth of Renewable Energy Market Drives Opportunities
Global Cumulative PV Capacity Additions in GW: 2018, 2020, 2022, 2024, 2026
Increase in Offshore Wind Installations Presents New Opportunities: Global Offshore Wind Net Capacity Additions (In GW) for The Years 2018-2022
Li-ion Solar Batteries Hold an Edge over Lead Acid Batteries for Residential Solar Customers
Key Trends Driving the Battery Energy Storage Systems Market
Emerging Trends & Developments to Watch-For in Energy Storage
Buzzing Technologies with Potential to Shift Boundaries of Battery Industry
Trends Making Energetic Splash in Home Battery Storage Market
Rapid Proliferation of Smart Homes Bodes Well for Battery Uptake
Driven by Focus on Convenience, Comfort and Energy Savings, the Rising Proliferation of Smart Homes Presents Steady Growth Opportunities for Batteries Market
New Battery Chemistry and Modularity at the Forefront of Innovations in UPS Systems
Battery Management Gains Precedence
Backup Power Demand Gives Special Thrust to Lead-Acid Batteries amid COVID-19
Graphene Holds the Potential to Enhance Attributes of Li-ion Batteries
Smart UPS Systems Built on Li-Ion Batteries Present Exciting Opportunities for Data Centers to Leverage Stored, Unused Energy
Increasing Adoption of Li-ion Batteries in Data Centers
Complex Infrastructure and Scale of Modern Data Centers Necessitates Energy Storage: Potential for Flow Batteries
Demand for Portable Batteries Set to Rise in Tandem with Expansion of Portable Applications
Li-ion Batteries Offer Support for Industrial Applications
Increased Preference for Li-ion Batteries by Motorcycle Manufacturers Due to High Resistivity to Drive the Market Growth
Dynamics in the Consumer Batteries Space
Growing Demand for Mobile Computing Devices To Spur Demand
World Consumer Li-Ion Rechargeable Battery Market by Application (2023E): Percentage Breakdown of Volume Shipments for Mobile Phone, Notebook PC, Tablet PC and Others
Widespread Use of Li-ion Batteries in Smartphones
Li-ion Batteries Gain Momentum in Wearable Devices
Demand for Smart Batteries Pushes Up the Importance of Battery Fuel Gauge ICs
The Rise of Drones Spurs Demand for Drone Batteries
Advanced Batteries for UAV Drones
Global Number of Commercial Drones (In Units) for Years 2020, 2022, 2024 & 2026
Nickel Cadmium Batteries: Declining Demand Deters Market Prospects
Decelerating Demand Deters Nickel Metal Hydride Batteries Segment
Flow Batteries Gain Demand
Smart Grids Elevate the Prospects for Flow Batteries
Pandemic Impact on the Vanadium Redox Battery Market
Vanadium Flow Batteries: Unveiling the Much Needed Energy Storage Breakthrough
Next Generation Advanced Batteries to Witness Rapid Growth as Industry Focuses on Sustainability
Lithium Polymer Battery Attracts Growth
Lithium Sulphur Batteries Demand to Accelerate
Lead-Acid Batteries Remain Central to the Automotive Industry
Short Life of Lead Acid Batteries & Growing Vehicle PARC Fuels Opportunities for Aftermarket Batteries
Auto Production Halts Induced by Chip Shortages Hobbles Much Awaited Recovery
World Automobile Production in Million Units: 2008-2022
Rising Share of Electronics in Automobiles to Augment Demand
Growing Significance of Solid-State Batteries Over Traditional Lithium-ion Battery Systems to Drive the Market Growth
Solid-State Technology Seeks Role in EV Domain
Notable Battery Trends Poised to Transform Marketplace
Next-Generation Battery Technologies Creating a Roadmap for Tomorrow
Battery Chemistry Improvements Augment Innovations & Advancements
Researchers Aim to Develop Advanced Li-Ion Batteries for Electric Vehicles
Inadequacies of Electrolyte-based Li-Ion Battery Cells Prompt New R&D Investments
Stanford Researchers Focus on Battery Technology
Select Battery Innovations and Developments
Dynamics in Battery Materials Space to Shape Trends in Battery Market
Opportunities and Challenges of Sustainable Battery Production
Favorable Demographic & Socio-Economic Trends Strengthen Market Prospects
Rapid Growth in Urban Households
World Urban Population in Millions: 1950-2050
Growing Affluence of Middle Class Consumer Segment
Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
Rising Living Standards

FOCUS ON SELECT PLAYERS (Total 328 Featured)

A123 Systems LLC
Banpu Public Company Limited
BYD Company Ltd.
Contemporary Amperex Technology Co. Ltd.
Duracell Inc.
EnerDel, Inc.
Eveready Industries India Ltd.
Exide Technologies, Inc.
GS Yuasa International Ltd.
Hitachi High-Tech Corporation
Johnson Controls International PLC
LG Chem Ltd.
NEC Corporation
Panasonic Corporation
Robert Bosch GmbH
Saft Groupe SA
Samsung SDI Co., Ltd.
Sony Corporation
Tesla, Inc.
Toshiba Corporation
Trojan Battery Company

For more information about this report visit https://www.researchandmarkets.com/r/pxa3hn

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