The global battery technology market size is anticipated to reach around US$ 194 Bn by 2027 and is energy storage to grow at a CAGR of around 11% in terms of revenue during the forecast period 2020 – 2027.
Battery technology market is a part of battery industry where the companies are manufacturing different types, size and functionality of batteries. Generally, a battery, also known as the galvanic cell, is an energy storage unit, where electric energy is stored, causing positive ions to remain on one electrode of the cathode and negative ions on the other anode electrode.
Market Insights
The demand for battery technologies is a key component of the advanced market for energy storage devices, and the market is projected to be competitive. Between 2010 and 2040, the demand for electricity is expected to rise by 40%. The key factor driving the growth of market is increasing demand for electricity which can be efficiently stored in the batteries. However, certain regulation, such as the EU Battery Directive, restricts the use of other chemicals such as mercury, cadmium and lead, which are not beneficial to the environment. This factor is one of the factors which may restraint the market growth during forecast period. Manufacturers are focusing on this challenge and trying to overcome this challenge by research and development to use alternative substance for batteries.
The increase in electric vehicles production and resulting demand for lithium-ion batteries are the factors driving the transport battery technology market. The need to implement advanced battery technology in the transport sector is even more imperative as new carbon emission requirements are developed.
Report coverage
The market research study on “Battery Technology Market (By Battery Type: Lead Acid Battery, Lithium-Ion Battery, Lithium-Metal Battery, Nickel Cadmium Battery, Nickel Metal Battery; By Control Technologies: Battery Chargers, Battery, Conditioners, Smart Battery System; By Application: Power & Utilities, Transportation, Industrial, Commercial & Residential, Consumer Electronics, Medical) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers detailed insights on the global battery technology market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights on global battery technology market are battery type, control technologies, application, and major geographic regions. The battery technology market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
North America accounts to show considerable growth in the global market. The U.S. market is dominating the North America and shows a steady growth rate due to presence of advanced technology in the region. Europe aim is to recover their foothold of 'battery technologies and show future development in the global battery technology market. In Asia Pacific increasing adoption of battery technology is high as this region primarily involves developing countries such as India and China. The developing countries are likely to grow the market due to rising application of battery technology. The presence of electronic manufactures such as Samsung SDI Co., Ltd., Panasonic Corp., BYD Auto Co., Ltd., Contemporary Amperex Technology, and LG Electronics Inc. is one of the major drivers flourishing the battery technology market in Asia Pacific. The region is becoming an attractive market for automobiles. It has been a centre for automotive manufacture in recent years. Recent advances in technology and industrialization have opened new doors for OEMs in developing countries.
Key Players
Major players included in this report Duracell, LG Chem Ltd., Ever Ready, Nippo, Daimler AG, Sony Electronics Inc., D&B Power Associates Inc., Dell Inc, Ford Motor Co., GE Energy LLC, General Motors Corp., Honda Motor Co. Ltd., Samsung SDI Co. Ltd., Panasonic Corp., SANYO Electric Co. Ltd., Toyota Motor Corp. and others. Increasing merger and acquisitions and product launches are being made by these companies to develop and bring new technology and products into the market.
The global battery technology market is segmented as below:
Market Segmentation
Battery Technology Market By Battery Type
- Lead acid battery
- Lithium-ion battery
- Lithium-metal battery
- Nickel cadmium battery
- Nickel metal battery
Battery Technology Market By Control Technologies
- Battery Chargers
- Battery Conditioners
- Smart Battery System
Battery Technology Market By Application
- Power & Utilities
- Transportation
- Industrial
- Commercial & Residential
- Consumer Electronics
- Medical
Battery Technology Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Battery Technology
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Battery Technology Market By Battery Type
1.2.2.1. Global Battery Technology Market Revenue and Growth Rate Comparison By Battery Type (2016-2027)
1.2.2.2. Global Battery Technology Market Revenue Share By Battery Type in 2019
1.2.2.2.1. Lead acid battery
1.2.2.2.2. Lithium-ion battery
1.2.2.2.3. Lithium-metal battery
1.2.2.2.4. Nickel cadmium battery
1.2.2.2.5. Nickel metal battery
1.2.3. Battery Technology Market By Control Technologies
1.2.3.1. Global Battery Technology Market Revenue and Growth Rate Comparison By Control Technologies (2016-2027)
1.2.3.1.1. Battery Chargers
1.2.3.1.2. Battery Conditioners
1.2.3.1.3. Smart Battery System
1.2.4. Battery Technology Market By Application
1.2.4.1. Global Battery Technology Market Revenue and Growth Rate Comparison By Application (2016-2027)
1.2.4.2. Power & Utilities
1.2.4.3. Transportation
1.2.4.4. Industrial
1.2.4.5. Commercial & Residential
1.2.4.6. Consumer Electronics
1.2.4.7. Medical
1.2.5. Battery Technology Market By Geography
1.2.5.1. Global Battery Technology Market Revenue and Growth Rate Comparison By Geography (2016-2027)
1.2.5.2. North America Battery Technology Market Revenue and Growth Rate(2016-2027)
1.2.5.3. Europe Battery Technology Market Revenue and Growth Rate(2016-2027)
1.2.5.4. Asia-Pacific Battery Technology Market Revenue and Growth Rate(2016-2027)
1.2.5.5. Latin America Battery Technology Market Revenue and Growth Rate(2016-2027)
1.2.5.6. Middle East and Africa (MEA)Battery Technology Market Revenue and Growth Rate(2016-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Battery Technology Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Battery Technology Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Battery Technology Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Battery Technology Major Manufacturers in 2019
CHAPTER 4. BATTERY TECHNOLOGY MARKET BY BATTERY TYPE
4.1. Global Battery Technology Revenue By Battery Type
4.2. Lead acid battery
4.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
4.3. Lithium-ion battery
4.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
4.4. Lithium-metal battery
4.4.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
4.5. Nickel cadmium battery
4.5.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
4.6. Nickel metal battery
4.6.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 5. BATTERY TECHNOLOGY MARKET BY CONTROL TECHNOLOGIES
5.1. Global Battery Technology Revenue By Control Technologies
5.2. Battery Chargers
5.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
5.3. Battery Conditioners
5.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
5.4. Smart Battery System
5.4.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 6. BATTERY TECHNOLOGY MARKET BY APPLICATION
6.1. Global Battery Technology Revenue By Application
6.2. Power & Utilities
6.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.3. Transportation
6.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.4. Industrial
6.4.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.5. Commercial & Residential
6.5.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.6. Consumer Electronics
6.6.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.7. Medical
6.7.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.7.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA BATTERY TECHNOLOGY MARKET BY COUNTRY
7.1. North America Battery Technology Market Revenue and Growth Rate, 2016 - 2027 ($Million)
7.2. North America Battery Technology Market Revenue Share Comparison, 2016 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Battery Technology Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 8. EUROPE BATTERY TECHNOLOGY MARKET BY COUNTRY
8.1. Europe Battery Technology Market Revenue and Growth Rate, 2016 - 2027 ($Million)
8.2. Europe Battery Technology Market Revenue Share Comparison, 2016 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC BATTERY TECHNOLOGY MARKET BY COUNTRY
9.1. Asia-Pacific Battery Technology Market Revenue and Growth Rate, 2016 - 2027 ($Million)
9.2. Asia-Pacific Battery Technology Market Revenue Share Comparison, 2016 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA BATTERY TECHNOLOGY MARKET BY COUNTRY
10.1. Latin America Battery Technology Market Revenue and Growth Rate, 2016 - 2027 ($Million)
10.2. Latin America Battery Technology Market Revenue Share Comparison, 2016 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA BATTERY TECHNOLOGY MARKET BY COUNTRY
11.1. Middle East & AFRICA Battery Technology Market Revenue and Growth Rate, 2016 - 2027 ($Million)
11.2. Middle East & AFRICA Battery Technology Market Revenue Share Comparison, 2016 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
11.5. Rest of Middle East & AFRICA
11.5.1. Market Revenue and Forecast By Battery Type, 2016 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Control Technologies, 2016 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Duracell
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Type Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. LG Chem Ltd.
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Type Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Ever Ready
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Type Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Nippo
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Type Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Daimler AG
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Type Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Sony Electronics Inc.
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Type Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. D&B Power Associates Inc.
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Type Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Dell Inc
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Type Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Ford Motor Co.
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Type Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. GE Energy LLC
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Type Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Type Portfolio
12.11.5. Key Developments
12.11.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
