Table of Content

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 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

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