Global $125+ Billion Battery Market to 2025 - Growing Demand of Electric Powered Vehicles & Continuous Decline of Lithium-ion Battery Prices
DUBLIN, Aug. 2, 2019 /PRNewswire/ -- The "Global Battery Market by Battery Types, Transport Segments, Regions, Companies" report has been added to ResearchAndMarkets.com's offering.
Global Battery Market is expected to be more than USD 126 Billion by the end of the year 2025.
Global Battery Market has bright future as demand for battery enabled vehicles is expanding extensively since governments all over the world are supporting green energy and eco-friendly mode of transportation to control air pollution and carbon emission.
For this, numerous automotive battery producers around the globe are getting abundant subsidies to enhance production capacity. Automotive batteries are also called rechargeable batteries. The primary purpose of automotive battery is to provide electric energy to vehicles used for SLI (starting, lighting, and ignition). Other than supplying power it also works as voltage stabilizer. Automotive batteries other function is to provide power to air conditioners, music systems and wipers etc.
Earlier most of the automobile uses lead-acid batteries. But currently, the Lithium-ion battery is considered to be the most compatible batteries, which helps to run both large vehicles as well as small vehicle efficiently and effectively. Lithium-ion batteries are mostly used in the automotive industry, for instance, electric vehicle, hybrid electric vehicle and e-bus etc whereas lead-acid batteries are generally used in e-bike and e-three wheelers (e-rikshwa).
The factors driving the market are the fast charging capabilities of the lithium-ion battery which is enforcing the electric vehicle manufacturer to adopt the technology at a rapid pace. Besides, the demand for the Lithium-ion battery is growing drastically in various applications like automotive and industrial because of systematically decline in the price of the lithium-ion battery.
Automotive Battery is the largest segment in Global Battery Market
This report is classified into four transportation mode: Automotive, Marine, Bikes and Forklift. The market of automotive battery is quite significant as compared to other segment in this report. Marine battery market is comparatively new discoveries and involved varieties of risk. Therefore further R&D is required to ensure 100% safety of battery in marine industry.
Regions - Global Battery Market Analysis
This chapter gives complete insight on global battery market on regional front such as Western Europe, Asia Pacific, North America, Eastern Europe, Middle East and Latin America. According to the publisher , there is huge potential of battery market in Asia Pacific regions.
Battery Type - Global Battery Market
There are various batteries used in transportation, but in this chapter, we have taken three major batteries; Lithium-ion Battery, Lead Acid Battery, Nimh and others.
Company Analysis
The company focuses on the development of new products, partnerships and acquisitions to maintain their positions in the market.
Key Topics Covered:
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Global Battery Market (2012 - 2025)
5. Transport Segments - Global Battery Market (2012 - 2025)
5.1 Automotive
5.2 Marine
5.3 E-Bikes
5.4 Forklift
5.5 SLI (Start, Light & Ignition) Battery
6. Market Share - Global Battery Market
6.1 By Transport Segments
6.2 By Automotive Battery Type
6.3 By E-bike Battery Type
6.4 By Forklift Battery Type
7. Battery Type - Global Battery Market (2012 - 2025)
7.1 Automotive Battery Market
7.1.1 Lithium-ion Battery
7.1.2 Nickel-Metal Hydride Battery (NIMH)
7.1.3 Others Automotive Battery
7.2 E-Bikes - Global Battery Market
7.2.1 Lithium-ion Battery
7.2.2 Lead Acid
7.3 By Forklift - Global Battery Market
7.3.1 Lithium-ion Battery
7.3.2 Lead Acid
8. Regions - Automotive Battery Market
8.1 North America
8.2 Western Europe
8.3 Eastern Europe
8.4 Asia Pacific
8.5 Latin America
8.6 Middle East
9. Regions - E-Bikes Battery Market
9.1 Asia-Pacific
9.1.1 China
9.1.2 Rest of Asia-Pacific
9.2 Western Europe
9.2.1 Germany
9.2.2 France
9.2.3 Rest of western Europe
9.3 North America
9.4 Latin America
9.5 Middle East & Africa
9.6 Eastern Europe
10. Porter Analysis of Battery Industry
11. Continental AG (Germany) - Company Analysis
11.1 Overview
11.2 Initiatives/Recent Developments
11.3 Sales Value (Billion US$)
12. BYD Corporation Ltd - Company Analysis
12.1 Overview
12.2 Initiatives/Recent Developments
12.3 Sales Value (Billion US$)
13. Exide Technology - Company Analysis
13.1 Overview
13.2 Initiatives/Recent Developments
14. Samsung SDI - Company Analysis
14.1 Overview
14.2 Initiatives/Recent Developments
14.3 Sales Value (Million US$)
15. SANYO-PANASONIC - Company Analysis
15.1 Overview
15.2 Initiatives/Recent Developments
15.3 Sales Value (Million US$)
16. LG Chem. Power (LGCPI) - Company Analysis
16.1 Overview
16.2 Initiatives/Recent Developments
16.3 Sales Value (Million US$)
17. Amperex Technology Limited (ATL) - Company Analysis
17.1 Overview
17.2 Initiatives/Recent Developments
17.3 Sales Value (Million US$)
18. Driving Factors
18.1 Growth in Transportation Needs
18.2 Growing Demand of Electric Powered Vehicles
18.3 Continuous Decline of Lithium-ion Battery Prices
19. Challenges
19.1 Stringent Lead Pollution Norms that are affecting the Manufacturers
19.2 High Import Taxes
19.3 Grid Flexibility
Companies Mentioned
- Continental AG
- BYD Corporation
- Exide Technology
- Samsung SDI
- Sanyo Panasonic
- LG Chemical
- Amperex Technology Limited (ATL)
For more information about this report visit https://www.researchandmarkets.com/r/g8pwwl
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Share this article