Market Research Report
Asia Pacific Battery Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||798101|
|Published||Content info||92 Pages
Delivery time: 1-2 business days
|Asia Pacific Battery Market Forecast 2019-2027|
|Published: March 9, 2019||Content info: 92 Pages||
The Asia Pacific market for batteries is expected to grow at 7.55% CAGR during the forecasting period of 2019-2027, with an expected value of $XX millions by the end of 2027. Countries like the Republic of China, India, Japan, South Korea, Australia and the remaining regional countries forming the Rest of Asia Pacific are considered for the market study.
The various established automobile companies are investing significant amounts of investments in the batteries for the functioning of the electric vehicles manufactured by them. Thus, the rise in the electric vehicles sales will be propelling the demand for the battery market in the APAC region. Electric vehicle companies are also working towards manufacturing battery cars. The private organizations making substantial investments and the intensified adoption & utility of electrical vehicles are primarily driving the battery market in the region.
The major companies operating in the APAC regional market are NEC Corporation, Eveready Industries India Ltd., EnerSys, East Penn Manufacturing Company, Inc., BYD Company, Ltd., LLC, Panasonic Corporation, A123 Systems, Duracell International, Inc., Johnson Controls, Samsung SDI Co., Ltd., Crown Battery Manufacturing Company, Shenzhen BAK Battery Co., Ltd., Exide Technologies, Saft Groupe S.A., LG Chem Ltd., Toshiba Corporation, Hitachi, Ltd., C&D Technologies, Inc. (acquired by KPS Capital Partner), GS Yuasa Corporation and Murata Manufacturing Co., Ltd.