Asia-pacific Battery Market Forecast 2022-2030

The Asia-Pacific battery market is evaluated to develop with a CAGR of 17.68% over the forecasted years of 2022 to 2030. Key factors such as the increasing adoption of electric vehicles, the launch of high-quality energy as well as power storage technology, and the developing renewable sector are mainly ascribed to the regional market's growth.

MARKET INSIGHTS

The Asia-Pacific battery market growth evaluation covers the assessment of South Korea, India, Australia & New Zealand, Japan, China, and Rest of Asia-Pacific. The increasing adoption of electric vehicles, in addition to the developments within the automotive industry, are among the key driving forces propelling the battery market growth in India. The country's government is also taking numerous steps for the promotion and subsequent adoption of electric vehicles. Since electric vehicles are set to play an essential role in achieving the UN Sustainable Development Goals, the adoption of electric vehicles in India is anticipated to rise on account of the increasing need for clean energy sources.

On the other hand, in South Korea, Samsung SDI, as well as LG Energy Solutions (LGES), announced the launch of the new generation 21700 lithium-ion battery in 2022, thus increasing energy density by approximately 10%. This factor could further enhance the country's edge, primarily in terms of electric vehicle battery manufacturing. Hence, such drivers are estimated to influence the Asia-Pacific battery market growth over the forecast period.

COMPETITIVE INSIGHTS

Eminent players operating in the market are: Toshiba Corporation, LG Chem Ltd, GS Yuasa International Ltd, etc.

Our report offerings include:

Explore key findings of the overall market

Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

Market Segmentation cater to a thorough assessment of key segments with their market estimations

Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 24052

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. SCOPE OF STUDY
1.3. METHODOLOGY
1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. INCREASING POPULARITY OF CONSUMER ELECTRONICS
- 3.1.2. INCENTIVES FOR EV BATTERY MANUFACTURING
- 3.1.3. DECLINING PRICES OF BATTERIES
- 3.1.4. HIGH DEMAND FOR AUTOMOTIVE APPLICATIONS ESPECIALLY FROM ELECTRIC VEHICLES
3.2. KEY RESTRAINTS
- 3.2.1. SAFETY ISSUES RELATED TO BATTERY USAGE
- 3.2.2. VOLATILITY IN RAW MATERIAL PRICES
- 3.2.3. ISSUES RELATED TO BATTERY RECYCLING

4. KEY ANALYTICS

4.1. IMPACT OF COVID-19 ON BATTERY MARKET
4.2. KEY MARKET TRENDS
4.3. PORTER'S FIVE FORCES ANALYSIS
- 4.3.1. BUYERS POWER
- 4.3.2. SUPPLIERS POWER
- 4.3.3. SUBSTITUTION
- 4.3.4. NEW ENTRANTS
- 4.3.5. INDUSTRY RIVALRY
4.4. OPPORTUNITY MATRIX
4.5. VENDOR LANDSCAPE
4.6. KEY BUYING CRITERIA
- 4.6.1. ENERGY DENSITY
- 4.6.2. BATTERY MEMORY
- 4.6.3. LIFETIME
- 4.6.4. DURABILITY
4.7. VALUE CHAIN ANALYSIS
4.8. LEGAL, POLICY & REGULATORY FRAMEWORK
4.9. BATTERY/RAW MATERIAL PRICE TRENDS AND FORECAST, BY MAJOR TECHNOLOGY TYPE
4.10. IMPORT AND EXPORT ANALYSIS, BY MAJOR TECHNOLOGY TYPE AND MAJOR COUNTRIES

5. MARKET BY TYPE

5.1. PRIMARY BATTERY
5.2. SECONDARY BATTERY

6. MARKET BY TECHNOLOGY

6.1. LEAD-ACID BATTERY
6.2. LITHIUM-ION BATTERY
6.3. NICKEL-CADMIUM BATTERY
6.4. NICKEL METAL HYDRIDE BATTERY
6.5. NICKEL-ZINC (NIZN) BATTERY
6.6. FLOW BATTERY
6.7. SODIUM-SULFUR (NAS) BATTERY
6.8. ZINC-MANGANESE DIOXIDE BATTERY
6.9. SMALL SEALED LEAD-ACID BATTERY
6.10. OTHER BATTERIES

7. MARKET BY APPLICATION

7.1. AUTOMOTIVE BATTERIES
7.2. INDUSTRIAL BATTERIES
7.3. PORTABLE BATTERIES
7.4. POWER TOOLS BATTERIES
7.5. SLI BATTERIES
7.6. OTHER APPLICATIONS

8. GEOGRAPHICAL ANALYSIS

8.1. ASIA-PACIFIC
- 8.1.1. MARKET SIZE & ESTIMATES
- 8.1.2. KEY GROWTH ENABLERS
- 8.1.3. KEY CHALLENGES
- 8.1.4. KEY PLAYERS
- 8.1.5. COUNTRY ANALYSIS
  - 8.1.5.1. CHINA
  - 8.1.5.2. JAPAN
  - 8.1.5.3. INDIA
  - 8.1.5.4. SOUTH KOREA
  - 8.1.5.5. AUSTRALIA & NEW ZEALAND
  - 8.1.5.6. REST OF ASIA-PACIFIC

9. COMPETITIVE LANDSCAPE

9.1. KEY STRATEGIC DEVELOPMENTS
- 9.1.1. MERGERS & ACQUISITIONS
- 9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 9.1.3. PARTNERSHIPS & AGREEMENTS
- 9.1.4. BUSINESS EXPANSIONS & DIVESTITURES
9.2. COMPANY PROFILES
- 9.2.1. A123 SYSTEMS LLC
- 9.2.2. BYD COMPANY LTD
- 9.2.3. C&D TECHNOLOGIES INC
- 9.2.4. CROWN BATTERY MANUFACTURING COMPANY
- 9.2.5. DURACELL
- 9.2.6. EAST PENN MANUFACTURING CO
- 9.2.7. ENERSYS
- 9.2.8. EVEREADY INDUSTRIES
- 9.2.9. EXIDE TECHNOLOGIES
- 9.2.10. GS YUASA INTERNATIONAL LTD
- 9.2.11. JOHNSONS CONTROLS INC
- 9.2.12. LG CHEM LTD
- 9.2.13. MURATA MANUFACTURING CO LTD
- 9.2.14. NEC CORPORATION
- 9.2.15. PANASONIC CORPORATION
- 9.2.16. SAFT GROUPE SA
- 9.2.17. SAMSUNG SDI CO LTD
- 9.2.18. SHENZHEN BAK BATTERY CO LTD
- 9.2.19. TOSHIBA CORPORATION
- 9.2.20. TROJAN BATTERY COMPANY

Product Code: 24052

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - BATTERY
TABLE 2: LEGAL, POLICY & REGULATORY FRAMEWORK
TABLE 3: ASIA-PACIFIC BATTERY MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 4: ASIA-PACIFIC BATTERY MARKET, BY TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC BATTERY MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC BATTERY MARKET, BY TECHNOLOGY, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC BATTERY MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC BATTERY MARKET, BY APPLICATION, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC BATTERY MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 10: ASIA-PACIFIC BATTERY MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 11: LEADING PLAYERS OPERATING IN ASIA-PACIFIC BATTERY MARKET
TABLE 12: LIST OF MERGERS & ACQUISITIONS
TABLE 13: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 14: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 15: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: KEY BUYING CRITERIA
FIGURE 6: VALUE CHAIN ANALYSIS
FIGURE 7: ASIA-PACIFIC BATTERY MARKET, GROWTH POTENTIAL, BY TYPE, IN 2021
FIGURE 8: ASIA-PACIFIC BATTERY MARKET, BY PRIMARY BATTERY, 2022-2030 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC BATTERY MARKET, BY SECONDARY BATTERY, 2022-2030 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC BATTERY MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2021
FIGURE 11: ASIA-PACIFIC BATTERY MARKET, BY LEAD-ACID BATTERY, 2022-2030 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC BATTERY MARKET, BY LITHIUM-ION BATTERY, 2022-2030 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC BATTERY MARKET, BY NICKEL-CADMIUM BATTERY, 2022-2030 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC BATTERY MARKET, BY NICKEL METAL HYDRIDE BATTERY, 2022-2030 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC BATTERY MARKET, BY NICKEL-ZINC (NIZN) BATTERY, 2022-2030 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC BATTERY MARKET, BY FLOW BATTERY, 2022-2030 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC BATTERY MARKET, BY SODIUM-SULFUR (NAS) BATTERY, 2022-2030 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC BATTERY MARKET, BY ZINC-MANGANESE DIOXIDE BATTERY, 2022-2030 (IN $ MILLION)
FIGURE 19: ASIA-PACIFIC BATTERY MARKET, BY SMALL SEALED LEAD-ACID BATTERY, 2022-2030 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC BATTERY MARKET, BY OTHER BATTERIES, 2022-2030 (IN $ MILLION)
FIGURE 21: ASIA-PACIFIC BATTERY MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2021
FIGURE 22: ASIA-PACIFIC BATTERY MARKET, BY AUTOMOTIVE BATTERIES, 2022-2030 (IN $ MILLION)
FIGURE 23: ASIA-PACIFIC BATTERY MARKET, BY INDUSTRIAL BATTERIES, 2022-2030 (IN $ MILLION)
FIGURE 24: ASIA-PACIFIC BATTERY MARKET, BY PORTABLE BATTERIES, 2022-2030 (IN $ MILLION)
FIGURE 25: ASIA-PACIFIC BATTERY MARKET, BY POWER TOOLS BATTERIES, 2022-2030 (IN $ MILLION)
FIGURE 26: ASIA-PACIFIC BATTERY MARKET, BY SLI BATTERIES, 2022-2030 (IN $ MILLION)
FIGURE 27: ASIA-PACIFIC BATTERY MARKET, BY OTHER APPLICATIONS, 2022-2030 (IN $ MILLION)
FIGURE 28: ASIA-PACIFIC BATTERY MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)
FIGURE 29: CHINA BATTERY MARKET, 2022-2030 (IN $ MILLION)
FIGURE 30: JAPAN BATTERY MARKET, 2022-2030 (IN $ MILLION)
FIGURE 31: INDIA BATTERY MARKET, 2022-2030 (IN $ MILLION)
FIGURE 32: SOUTH KOREA BATTERY MARKET, 2022-2030 (IN $ MILLION)
FIGURE 33: AUSTRALIA & NEW ZEALAND BATTERY MARKET, 2022-2030 (IN $ MILLION)
FIGURE 34: REST OF ASIA-PACIFIC BATTERY MARKET, 2022-2030 (IN $ MILLION)