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PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1206883
PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1206883
Rechargeable Battery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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The global rechargeable battery market size reached US$ 109.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 165.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.93% during 2023-2028.
A rechargeable battery, also known as a secondary cell, accumulator or storage battery, refers to an electrochemical device that converts chemical energy into electrical energy. These batteries consist of an electrolyte, anode and cathode which produce a current through an electrochemical reaction. They are available in a variety of shapes and sizes ranging from button-sized cells to industrial megawatt systems. Rechargeable batteries have gained immense popularity as they are an ecological and sustainable replacement of non-rechargeable batteries, and provide long-term cost-benefits and enhanced durability. As consumers have been adopting portable devices, such as mobile phones, laptops, cordless power tools and MP3 players, the need for rechargeable batteries has grown substantially over the years.
Nowadays, consumers prefer to use rechargeable batteries as they are more energy efficient, produce less waste and can be charged with a simple battery charger. Besides this, the ongoing innovations in the field of material sciences have enabled manufacturers to improve the performance of lithium-ion batteries which has increased their demand across the globe. For instance, there has been a rise in the usage of advanced lithium-air and -copper batteries in hybrid electric vehicles. Moreover, researchers are developing a new rechargeable battery technology, known as flow battery, that can double the power output, as compared to conventional batteries, without taking up additional space. This technology has the capability to extend the range of electric vehicles as well as the time between cell phone charges.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global rechargeable battery market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on battery type, capacity and application.
Breakup by Battery Type:
- Lead-Acid Batteries
- Li-ion Batteries
- NiMH Batteries
- NiCd Batteries
- Others
Breakup by Capacity:
150 - 1000 mAh
1300 - 2700 mAh
3000 - 4000 mAh
4000 - 6000 mAh
6000 - 10000 mAh
- More than 10000 mAh
Breakup by Application:
- Consumer Electronics
- Industrial Applications
- Automobile Applications
- Defence
- Others
Breakup by Region:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
Competitive Landscape:
- The report has also analysed the competitive landscape of the market with some of the key players being East Penn Manufacturing, EnerSys, Exide Technologies, Johnson Controls, LG Chem, Saft, SAMSUNG SDI, Panasonic Corporation, Apple Inc., STMicroelectronics N.V., Enfucell Oy, Ultralife Corporation, Cryopak, Blue Spark Technology, NEC Energy Solutions Inc., etc.
- IMARC Group's latest report provides a deep insight into the global rechargeable battery market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global rechargeable battery market in any manner.
Key Questions Answered in This Report:
- 1. What was the size of the global rechargeable battery market in 2022?
- 2. What is the expected growth rate of the global rechargeable battery market during 2023-2028?
- 3. What are the key factors driving the global rechargeable battery market?
- 4. What has been the impact of COVID-19 on the global rechargeable battery market?
- 5. What is the breakup of the global rechargeable battery market based on the battery type?
- 6. What is the breakup of the global rechargeable battery market based on the capacity?
- 7. What is the breakup of the global rechargeable battery market based on the application?
- 8. What are the key regions in the global rechargeable battery market?
- 9. Who are the key players/companies in the global rechargeable battery market?
Product Code: SR1323A355_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Rechargeable Battery Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Battery Type
- 5.5 Market Breakup by Capacity
- 5.6 Market Breakup by Application
- 5.7 Market Breakup by Region
- 5.8 Market Forecast
6 Market Breakup by Battery Type
- 6.1 Lead-Acid Batteries
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Li-ion Batteries
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 NiMH Batteries
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 NiCd Batteries
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Capacity
- 7.1 150 - 1000 mAh
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 1300 - 2700 mAh
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 3000 - 4000 mAh
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 4000 - 6000 mAh
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 6000 - 10000 mAh
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 More than 10000 mAh
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by Application
- 8.1 Consumer Electronics
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Industrial Applications
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Automobile Applications
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Defence
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 Asia Pacific
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 North America
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Europe
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Middle East and Africa
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Latin America
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 East Penn Manufacturing
- 14.3.2 EnerSys
- 14.3.3 Exide Technologies
- 14.3.4 Johnson Controls
- 14.3.5 LG Chem
- 14.3.6 Saft
- 14.3.7 Samsung SDI
- 14.3.8 Panasonic Corporation
- 14.3.9 Apple Inc.
- 14.3.10 STMicroelectronics N.V.
- 14.3.11 Enfucell Oy
- 14.3.12 Ultralife Corporation
- 14.3.13 Cryopak
- 14.3.14 Blue Spark Technology
- 14.3.15 NEC Energy Solutions Inc.
Product Code: SR1323A355_Report
List of Figures
- Figure 1: Global: Rechargeable Battery Market: Major Drivers and Challenges
- Figure 2: Global: Rechargeable Battery Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Rechargeable Battery Market: Breakup by Battery Type (in %), 2022
- Figure 4: Global: Rechargeable Battery Market: Breakup by Capacity (in %), 2022
- Figure 5: Global: Rechargeable Battery Market: Breakup by Application (in %), 2022
- Figure 6: Global: Rechargeable Battery Market: Breakup by Region (in %), 2022
- Figure 7: Global: Rechargeable Battery Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 8: Global: Rechargeable Battery Industry: SWOT Analysis
- Figure 9: Global: Rechargeable Battery Industry: Value Chain Analysis
- Figure 10: Global: Rechargeable Battery Industry: Porter's Five Forces Analysis
- Figure 11: Global: Rechargeable Battery (Lead-Acid Batteries) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Rechargeable Battery (Lead-Acid Batteries) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Rechargeable Battery (Li-ion Batteries) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Rechargeable Battery (Li-ion Batteries) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Rechargeable Battery (NiMH Batteries) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Rechargeable Battery (NiMH Batteries) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Rechargeable Battery (NiCd Batteries) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Rechargeable Battery (NiCd Batteries) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Rechargeable Battery (Other Battery Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Rechargeable Battery (Other Battery Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Rechargeable Battery (150 - 1000 mAh) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Rechargeable Battery (150 - 1000 mAh) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Rechargeable Battery (1300 - 2700 mAh) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Rechargeable Battery (1300 - 2700 mAh) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Rechargeable Battery (3000 - 4000 mAh) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Rechargeable Battery (3000 - 4000 mAh) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Rechargeable Battery (4000 - 6000 mAh) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Rechargeable Battery (4000 - 6000 mAh) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Rechargeable Battery (6000 - 10000 mAh) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Rechargeable Battery (6000 - 10000 mAh) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Rechargeable Battery (More than 10000 mAh) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Rechargeable Battery (More than 10000 mAh) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Global: Rechargeable Battery (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Global: Rechargeable Battery (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Global: Rechargeable Battery (Industrial Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Global: Rechargeable Battery (Industrial Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Global: Rechargeable Battery (Automobile Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Global: Rechargeable Battery (Automobile Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Global: Rechargeable Battery (Defence) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Global: Rechargeable Battery (Defence) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Global: Rechargeable Battery (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Global: Rechargeable Battery (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Asia Pacific: Rechargeable Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Asia Pacific: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: North America: Rechargeable Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: North America: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Europe: Rechargeable Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Europe: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Middle East and Africa: Rechargeable Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Middle East and Africa: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Latin America: Rechargeable Battery Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Latin America: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2023-2028
List of Tables
- Table 1: Global: Rechargeable Battery Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Rechargeable Battery Market Forecast: Breakup by Battery Type (in Million US$), 2023-2028
- Table 3: Global: Rechargeable Battery Market Forecast: Breakup by Capacity (in Million US$), 2023-2028
- Table 4: Global: Rechargeable Battery Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Rechargeable Battery Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Rechargeable Battery Market Structure
- Table 7: Global: Rechargeable Battery Market: Key Players
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