Table of Content

1 Introduction 5
1.1 Industry Definition and Research Scope 5
1.1.1 Industry Definition 5
1.1.2 Research Scope 6
1.2 Research Methodology 9
1.2.1 Overview of Market Research Methodology 9
1.2.2 Market Assumption 10
1.2.3 Secondary Data 10
1.2.4 Primary Data 10
1.2.5 Data Filtration and Model Design 11
1.2.6 Market Size/Share Estimation 12
1.2.7 Research Limitations 13
1.3 Executive Summary 14

2 Market Overview and Dynamics 16
2.1 Market Size and Forecast 16
2.1.1 Impact of COVID-19 on World Economy 18
2.1.2 Impact of COVID-19 on the Market 21
2.2 Major Growth Drivers 23
2.3 Market Restraints and Challenges 28
2.4 Emerging Opportunities and Market Trends 31
2.5 Porter’s Fiver Forces Analysis 35

3 Segmentation of Asia Pacific Market by Product 39
3.1 Market Overview by Product 39
3.2 Primary Battery 41
3.3 Secondary Battery 42

4 Segmentation of Asia Pacific Market by Technology 43
4.1 Market Overview by Technology 43
4.2 Lead-acid Battery 45
4.3 Lithium-ion Battery 46
4.4 Nickel-based Battery 47
4.5 Flow Battery 48
4.6 Sodium–sulfur (NAS) Battery 49
4.7 Zinc-manganese Dioxide Battery 50
4.8 Other Technologies 51

5 Segmentation of Asia Pacific Market by Application 52
5.1 Market Overview by Application 52
5.2 Automotive Batteries 54
5.3 Industrial Batteries 55
5.4 Consumer Electronics 56
5.5 Commercial Applications 57
5.6 Other Applications 58

6 Asia-Pacific Market 2022-2032 by Country 59
6.1 Overview of Asia-Pacific Market 59
6.2 Japan 62
6.3 China 65
6.4 Australia 68
6.5 India 70
6.6 South Korea 72
6.7 Rest of APAC Region 74

7 Competitive Landscape 76
7.1 Overview of Key Vendors 76
7.2 New Product Launch, Partnership, Investment, and M&A 79
7.3 Company Profiles 80
A123 Systems, LLC 80
BYD Company Ltd. 82
Clarios (Formerly Johnson Controls International PLC) 83
Contemporary Amperex Technology Co., Ltd. (CATL) 84
Duracell Inc. 85
EnerSys 86
Exide Technologies, Inc. 87
GS Yuasa Corporation 88
Hitachi Chemical Co., Ltd. 89
LG Chem Ltd. 90
Panasonic Corporation 91
Saft Groupe S.A. 92
Samsung SDI Co., Ltd. 93
Tesla Inc. 94
TianJin Lishen Battery Joint-Stock Co., Ltd. 95
Toshiba Corporation 96
VARTA AG 97
RELATED REPORTS 98



List of Figures



Figure 1. Research Method Flow Chart 9
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 12
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 14
Figure 4. Industry Value Chain Analysis 16
Figure 5. Asia Pacific Battery Market, 2022-2032, $ mn 17
Figure 6. Impact of COVID-19 on Business 21
Figure 7. Primary Drivers and Impact Factors of Asia Pacific Battery Market 23
Figure 8. World Electric Vehicle Market, 2019-2030, $ bn 26
Figure 9. World Electric Vehicle Market, 2019-2030, million units 26
Figure 10. Renewable Electricity Capacity Growth by Region/Country, 2015-2020 and 2022-2027, GW 27
Figure 11. Primary Restraints and Impact Factors of Asia Pacific Battery Market 28
Figure 12. Investment Opportunity Analysis 32
Figure 13. Porter’s Fiver Forces Analysis of Asia Pacific Battery Market 35
Figure 14. Breakdown of Asia Pacific Battery Market by Product, 2022-2032, % of Revenue 40
Figure 15. Asia Pacific Addressable Market Cap in 2023-2032 by Product, Value ($ mn) and Share (%) 40
Figure 16. Asia Pacific Battery Market by Product: Primary Battery, 2022-2032, $ mn 41
Figure 17. Asia Pacific Battery Market by Product: Secondary Battery, 2022-2032, $ mn 42
Figure 18. Breakdown of Asia Pacific Battery Market by Technology, 2022-2032, % of Sales Revenue 44
Figure 19. Asia Pacific Addressable Market Cap in 2023-2032 by Technology, Value ($ mn) and Share (%) 44
Figure 20. Asia Pacific Battery Market by Technology: Lead-acid Battery, 2022-2032, $ mn 45
Figure 21. Asia Pacific Battery Market by Technology: Lithium-ion Battery, 2022-2032, $ mn 46
Figure 22. Asia Pacific Battery Market by Technology: Nickel-based Battery, 2022-2032, $ mn 47
Figure 23. Asia Pacific Battery Market by Technology: Flow Battery, 2022-2032, $ mn 48
Figure 24. Asia Pacific Battery Market by Technology: Sodium–sulfur (NAS) Battery, 2022-2032, $ mn 49
Figure 25. Asia Pacific Battery Market by Technology: Zinc-manganese Dioxide Battery, 2022-2032, $ mn 50
Figure 26. Asia Pacific Battery Market by Technology: Other Technologies, 2022-2032, $ mn 51
Figure 27. Breakdown of Asia Pacific Battery Market by Application, 2022-2032, % of Sales Revenue 53
Figure 28. Asia Pacific Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 53
Figure 29. Asia Pacific Battery Market by Application: Automotive Batteries, 2022-2032, $ mn 54
Figure 30. Asia Pacific Battery Market by Application: Industrial Batteries, 2022-2032, $ mn 55
Figure 31. Asia Pacific Battery Market by Application: Consumer Electronics, 2022-2032, $ mn 56
Figure 32. Asia Pacific Battery Market by Application: Commercial Applications, 2022-2032, $ mn 57
Figure 33. Asia Pacific Battery Market by Application: Other Applications, 2022-2032, $ mn 58
Figure 34. Breakdown of APAC Battery Market by Country, 2022 and 2032, % of Revenue 60
Figure 35. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 61
Figure 36. Battery Market in Japan, 2022-2032, $ mn 63
Figure 37. Battery Market in China, 2022-2032, $ mn 65
Figure 38. Battery Market in Australia, 2022-2032, $ mn 68
Figure 39. Battery Market in India, 2022-2032, $ mn 70
Figure 40. Battery Market in South Korea, 2022-2032, $ mn 72
Figure 41. Battery Market in Rest of APAC, 2022-2032, $ mn 74
Figure 42. Growth Stage of Asia Pacific Battery Industry over the Forecast Period 76

List of Tables



Table 1. Snapshot of Asia Pacific Battery Market in Balanced Perspective, 2022-2032 15
Table 2. World Economic Outlook, 2021-2031 19
Table 3. World Economic Outlook, 2021-2023 20
Table 4. Main Product Trends and Market Opportunities in Asia Pacific Battery Market 31
Table 5. Asia Pacific Battery Market by Product, 2022-2032, $ mn 39
Table 6. Asia Pacific Battery Market by Technology, 2022-2032, $ mn 43
Table 7. Asia Pacific Battery Market by Application, 2022-2032, $ mn 52
Table 8. APAC Battery Market by Country, 2022-2032, $ mn 60
Table 9. Japan Battery Market by Product, 2022-2032, $ mn 64
Table 10. Japan Battery Market by Technology, 2022-2032, $ mn 64
Table 11. Japan Battery Market by Application, 2022-2032, $ mn 64
Table 12. China Battery Market by Product, 2022-2032, $ mn 66
Table 13. China Battery Market by Technology, 2022-2032, $ mn 66
Table 14. China Battery Market by Application, 2022-2032, $ mn 66
Table 15. Australia Battery Market by Product, 2022-2032, $ mn 69
Table 16. Australia Battery Market by Technology, 2022-2032, $ mn 69
Table 17. Australia Battery Market by Application, 2022-2032, $ mn 69
Table 18. India Battery Market by Product, 2022-2032, $ mn 71
Table 19. India Battery Market by Technology, 2022-2032, $ mn 71
Table 20. India Battery Market by Application, 2022-2032, $ mn 71
Table 21. South Korea Battery Market by Product, 2022-2032, $ mn 73
Table 22. South Korea Battery Market by Technology, 2022-2032, $ mn 73
Table 23. South Korea Battery Market by Application, 2022-2032, $ mn 73
Table 24. Battery Market in Rest of APAC by Country/Region, 2022-2032, $ mn 75
Table 25. A123 Systems, LLC: Company Snapshot 80
Table 26. A123 Systems, LLC: Business Segmentation 81
Table 27. A123 Systems, LLC: Product Portfolio 81