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Global Battery Strategic Market Report 2023-2030 - Tweaks in EV Battery Chemistry & Policy Boost as Hallmarks of Evolving Battery Domain
Saturday, October 28, 2023
DUBLIN, Oct. 20, 2023 /PRNewswire/ -- The "Battery - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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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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