Global Rechargeable Batteries Strategic Business Report 2023: Pushing Li-S Battery Technology as a Cheaper Alternative to Li-ion Chemistry Drives Growth


Dublin, March 20, 2023 (GLOBE NEWSWIRE) -- The "Rechargeable Batteries - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Rechargeable Batteries estimated at US$93.3 Billion in the year 2022, is projected to reach a revised size of US$130.8 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030.

Lead Acid, one of the segments analyzed in the report, is projected to record a -4.8% CAGR and reach US$30.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Lithium-Ion segment is readjusted to a revised 10.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $25.4 Billion, While China is Forecast to Grow at 7% CAGR

The Rechargeable Batteries market in the U.S. is estimated at US$25.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$26.8 Billion by the year 2030 trailing a CAGR of 7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$18.2 Billion by the year 2030.

Select Competitors (Total 286 Featured) -

  • Battery Technology Inc.
  • Beckett Energy Systems
  • BYD Company Ltd.
  • Duracell Inc.
  • EaglePicher Technologies, LLC
  • Energizer Holdings, Inc.
  • E-One Moli Energy Corp.
  • Eveready Industries India Ltd.
  • FDK Corp.
  • GS Yuasa Corp.
  • Highpower International Inc.
  • Jiangmen TWD Technology Co., Ltd.
  • Johnson Controls International Plc
  • LG Chem
  • Maxell Holdings, Ltd.
  • Panasonic Corp.
  • Saft Groupe S.A.
  • Samsung SDI Co. Ltd.
  • Spectrum Brands, Inc.
  • Tohoku Murata Manufacturing Co., Ltd.
  • Ultralife Corp.
  • VARTA Consumer Batteries GmbH & Co. KGaA

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages313
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$93.3 Billion
Forecasted Market Value (USD) by 2030$130.8 Billion
Compound Annual Growth Rate4.3%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • A Quick Primer
  • Recent Market Activity
  • Improving Economy Buoys General Market Optimism
  • Years 2016 and 2017 in Retrospect
  • 2018 Global Economic Outlook
  • Current and Future Analysis
  • Review of Demographic Trends
  • Rapidly Growing Urban Population Create Fertile Environment for Market Expansion
  • Burgeoning Middle Class Population Extends Large-Scale Opportunities
  • Rising Standards of Living Fuel Market Expansion
  • Lithium-Ion Batteries to Drive Future Growth
  • Industrial and Consumer Electronics Segment Keeps NiMH Battery Market Buoyant
  • Global Battery Sector Attracts Higher Investments
  • Li-Ion Batteries See Increased Investments
  • Rechargeable Batteries - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Rechargeable Batteries: The Out and Out Driver for Lithium Industry
  • Lithium Batteries - Undeterred Growth
  • Widening Applications Spur Growth for Li-Ion Batteries
  • Existing and Emerging Applications of Lithium-Ion Batteries
  • Battery Makers Tuning Energies for the Booming Digital World
  • LiB Prices to Soften
  • Ongoing Researches for Finding Replacement of Lithium in Batteries
  • Pushing Li-S Battery Technology as a Cheaper Alternative to Li-ion Chemistry
  • Nano-Enabled Batteries Set to Grow
  • Types of Nano-Enabled Batteries and Applications
  • Futuristic Curved Batteries Gaining Heightened Attention
  • Demand for Rechargeable Battery-Use Elecfoil Poised to Grow
  • NiCd Battery Demand on Decline
  • NiMH - A Mature Technology, Yet Strong in Consumer Applications
  • Large Scale Manufacturers Hinder Growth of Small Scale Players
  • Manufacturers Resort to Continuous Innovation to Stay Afloat
  • Existing Chemistries Face Increased Competition from Latest Battery Chemistries
  • Ready-to-Use Rechargeable Batteries - Set to Create a Revolution
  • Super Charge Ion Battery (SCiB) - A Threat to Li-Ion Battery
  • Asia-Pacific - Dominating the Lithium-ion Battery Production
  • Advanced Batteries Sector - An Overview

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/jf2j94

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Attachment

 
Global Market for Rechargeable Batteries

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