PUBLISHER: The Freedonia Group | PRODUCT CODE: 1886185
PUBLISHER: The Freedonia Group | PRODUCT CODE: 1886185
Global demand for batteries is forecast to increase 2.9% per year to $328 billion in 2029. Growth will be driven by rapid advances in emerging market applications, with particularly fast gains for lithium-ion batteries used in electric vehicle and energy storage applications. Rising use of batteries in consumer products will further contribute to growth.
This report covers the global battery market by product, market, and region. Demand, production, and net exports are presented in US dollars.
Sales by product are presented for:
Primary batteries
Alkaline
Zinc-carbon
Lithium
Other primary batteries, such as silver-oxide and zinc-air
Secondary batteries
Lead-acid
Lithium-ion
Nickel-based
Other secondary batteries, such as sodium-ion batteries
Sales by market are presented for:
Automotive
OEM
Aftermarket
Consumer
OEM
Aftermarket
Other markets, such as motive power, other transportation equipment, and energy storage
Sales are presented for 16 countries in the following regions:
North America
Central and South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast
Scope of the report:
This report analyzes the scope, size, and growth of the global battery market, including key trends in products, markets, and regions. Historical data are provided for 2014, 2019, and 2024 for demand, production, and net exports, with forecasts for 2029 and 2034. In addition, annual historical and forecast data is provided for selected time series. Data are provided in US dollars. Also included is an analysis of key industry players and their global market share.
Executive Summary
Figure 1-1. Global Batteries Market
Short-Term Analysis
Recent Economic Trends
Short-Term Battery Industry Trends (2022-2026)
Overview
Study Scope
Historical Market Size & Growth Drivers
Regional Trends
Product Trends: Secondary vs. Primary Batteries
Markets Overview
Pricing & Inflation
Factors Impacting Battery Demand
Global Economic Outlook
Global Motor Vehicles Production & Vehicles In Use
Legal & Regulatory Factors
Sustainability Trends
Primary (Disposable) Batteries
Scope & Product Description
Regional Overview
Product Trends
Pricing Patterns
Technology Trends & New Product Development
Market Share
Secondary (Rechargeable) Batteries
Scope & Product Description
Regional Overview
Product Overview
Lithium-Ion Secondary Batteries
Lead-Acid Batteries
Nickel-Based Secondary Batteries
Other Secondary Batteries
Pricing Patterns
Technology Trends & New Product Development
Market Share
Automotive Batteries
Market Scope
Regional Trends
Demand by Battery Type
Market Trends
Vehicle Applications
Key Suppliers
Consumer Batteries
Market Scope
Regional Trends
Demand by Battery Type
Market Trends
Key Suppliers
Other Battery Markets
Market Scope
Regional Trends
Demand by Battery Type
Market Trends
Key Suppliers
North America
North America: Battery Market Size & Historical Trends
North America: Battery Supply & Demand
North America: Primary Battery Demand
North America: Secondary Battery Demand
North America: Battery Markets
North America: Market Share
United States
Mexico
Canada
Central & South America
Central & South America: Battery Market Size & Historical Trends
Central & South America: Battery Supply & Demand
Central & South America: Primary Battery Demand
Central & South America: Secondary Battery Demand
Central & South America: Battery Markets
Central & South America: Market Share
Brazil
Other Central & South America
Western Europe
Western Europe: Battery Market Size & Historical Trends
Western Europe: Battery Supply & Demand
Western Europe: Primary Battery Demand
Western Europe: Secondary Battery Demand
Western Europe: Battery Markets
Western Europe: Market Share
Germany
France
United Kingdom
Spain
Italy
Other Western Europe
Eastern Europe
Eastern Europe: Battery Market Size & Historical Trends
Eastern Europe: Battery Supply & Demand
Eastern Europe: Primary Battery Demand
Eastern Europe: Secondary Battery Demand
Eastern Europe: Battery Markets
Eastern Europe: Market Share
Russia
Other Eastern Europe
Asia/Pacific
Asia/Pacific: Battery Market Size & Historical Trends
Asia/Pacific: Battery Supply & Demand
Asia/Pacific: Primary Battery Demand
Asia/Pacific: Secondary Battery Demand
Asia/Pacific: Battery Markets
Asia/Pacific: Market Share
China
Japan
South Korea
India
Taiwan
Indonesia
Other Asia/Pacific
Africa/Mideast
Africa/Mideast: Battery Market Size & Historical Trends
Africa/Mideast: Battery Supply & Demand
Africa/Mideast: Primary Battery Demand
Africa/Mideast: Secondary Battery Demand
Africa/Mideast: Battery Markets
Africa/Mideast: Market Share
Industry Structure
Key Findings & Industry Composition
Market Share
Mergers & Acquisitions
List of Industry Participants
Appendix
Report Details
Definitions
Abbreviations
Freedonia Methodology
Study-Specific Methodology
Data Changes from Previous Version
Sources
Associations & Agencies
Related Studies & Reports
Country Lists by Region
Macroeconomic Assumptions