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Market Research Report
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1025432

Solar Battery Market 2021-2027

Published: | Orion Market Research Pvt Ltd | Delivery time: 2-3 business days

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Solar Battery Market 2021-2027
Published: July 15, 2021
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

Full-title:Global Solar Battery Market Size, Share & Trends Analysis Report by Type (Lead Acid Battery, Lithium-Ion Battery, and Others) By End-User (Telecommunication Industries, Home & Residential, Automobile Applications) Forecast, 2021-2027.

The solar battery market is anticipated to grow at a substantial CAGR of 15.5% during the forecast period. As electric vehicles are emerging, the demand for electric batteries to help reduce transportation costs has increased that in the result is influencing companies to integrate performance-oriented storage units. Many companies are focusing on solar incorporated EV charging stations, which will promote the development of systems that support both stationary and mobile batteries, further increasing the size of the solar battery market over the forecast period. Moreover, developing economies are experiencing a steady economic rise and with the growing population, the increasing electricity demand is also the factor contributing to the market growth. However, the initial installation cost and high maintenance cost of the solar batteries is the restraining factor for the solar battery market.

The global solar battery market witnessed negative growth during the COVID-19 pandemic as lockdown resulted in a lack of resources, a lack of tools and equipment, and a selective spending pattern adopted by consumers. However, rising preferences for clean solar energy and increasing awareness regarding sustainable development among B2B and B2C consumers will eventually result in the growth in the demand for solar batteries after the COVID-19 pandemic.

The global solar battery market is segmented based on type and end-user. Based on type the market is segmented into the lead-acid battery, lithium-ion battery, and others. Further, based on end-user, the market is classified into telecommunication industries, home and residential, automobile applications. The lithium-ion battery segment is expected to have a significant share of the global solar battery market as the lithium-ion battery is with low discharge rates also it has high energy power density and needs limited maintenance.

Geographically market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America is projected to dominate the solar battery market and is driven by several factors such as the region is seeing an increase in demand for electric and hybrid vehicles that use solar batteries. Furthermore, rising consumer electronics revenues in the territory have fueled demand for these batteries. Additionally, the region's rapid growth in renewable energy production, particularly wind and solar energy, has increased the demand for grid energy storage.

Research Methodology

The market study of the global solar battery market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

  • Financial reports of companies involved in the market.
  • Whitepapers, research papers, and news blogs.
  • Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

  • Global Solar Battery Market Research and Analysis by Type
  • Global Solar Battery Market Research and Analysis by End-User

The Report Covers

  • Comprehensive research methodology of the global solar battery market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global solar battery market.
  • Insights about market determinants that are stimulating the global solar battery market.
  • Detailed and extensive market segments with the regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.
Product Code: OMR2023864

Table of Contents

1. Report Summary

  • 1.1. Research Methods and Tools
  • Current Industry Analysis and Growth Potential Outlook
  • Impact of COVID-19 on the Global Solar Battery MarketIndustry
  • Recovery Scenario of Global Solar Battery Market Industry
  • 1.2. Market Breakdown
    • 1.2.1. By Segments
    • 1.2.2. By Geography

2. Market Overview and Insights

  • 2.1. Scope of the Report
  • 2.2. Analyst Insight & Current Market Trends
    • 2.2.1. Key Findings
    • 2.2.2. Recommendations
    • 2.2.3. Conclusion
  • 2.3. Regulations

3. Competitive Landscape

  • 3.1. Key Company Analysis
    • 3.1.1. Overview
    • 3.1.2. Financial Analysis
    • 3.1.3. SWOT Analysis
  • 3.2. Key Strategy Analysis
  • 3.3. Impact of COVID-19 on key players

4. Market Determinants

  • 4.1. Motivators
  • 4.2. Restraints
  • 4.3. Opportunities

5. Market Segmentation

  • 5.1. Global Solar Battery MarketByType
    • 5.1.1. Lead Acid Battery
    • 5.1.2. Lithium-Ion Battery
    • 5.1.3. Other
  • 5.2. Global Solar Battery Marketby End-User
    • 5.2.1. Telecommunication Industries
    • 5.2.2. Home and Residential
    • 5.2.3. Automobile Applications

6. Regional Analysis

  • 6.1. North America
    • 6.1.1. United States
    • 6.1.2. Canada
  • 6.2. Europe
    • 6.2.1. UK
    • 6.2.2. Germany
    • 6.2.3. Italy
    • 6.2.4. Spain
    • 6.2.5. France
    • 6.2.6. Rest of Europe
  • 6.3. Asia-Pacific
    • 6.3.1. China
    • 6.3.2. India
    • 6.3.3. Japan
    • 6.3.4. South Korea
    • 6.3.5. Rest of Asia-Pacific
  • 6.4. Rest of the World

7. Company Profiles

  • 7.1. Duracell Inc.
  • 7.2. East Penn Manufacturing Co. Inc.
  • 7.3. Exide Industries Ltd.
  • 7.4. Fusion Power Systems
  • 7.5. GS Yuasa Corp.
  • 7.6. Iron Edison Battery Company, LLC
  • 7.7. LG Corp.
  • 7.8. Kokam Co.
  • 7.9. MaxPower, Inc.
  • 7.10. Okaya Power Pvt. Ltd.
  • 7.11. PAE Ltd.
  • 7.12. Panasonic Corp.
  • 7.13. Samsung SDI Co., Ltd.
  • 7.14. Schneider Electric SE
  • 7.15. Sealed Energy Systems
  • 7.16. SMA Solar Technology AG
  • 7.17. Sullivan Solar Power
  • 7.18. Tesla, Inc.
  • 7.19. Toshiba Corp.
  • 7.20. Trojan Battery CO LLC

LIST OF TABLES

  • 1. GLOBAL SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
  • 2. GLOBALSOLARLEAD-ACID BATTERYMARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
  • 3. GLOBALSOLARLITHIUM-ION BATTERYMARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
  • 4. GLOBAL OTHERSOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 5. GLOBALSOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
  • 6. GLOBALSOLAR BATTERY MARKET FORTELECOMMUNICATION INDUSTRIESMARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027($ MILLION)
  • 7. GLOBALSOLAR BATTERY MARKETFOR HOME AND RESIDENTIALMARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
  • 8. GLOBALSOLAR BATTERY MARKETFOR AUTOMOBILE APPLICATIONSMARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 9. GLOBALSOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
  • 10. NORTH AMERICAN SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
  • 11. NORTH AMERICAN SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BYTYPE, 2020-2027 ($ MILLION)
  • 12. NORTH AMERICAN SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
  • 13. EUROPEAN SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
  • 14. EUROPEAN SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
  • 15. EUROPEAN SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
  • 16. ASIA-PACIFIC SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
  • 17. ASIA-PACIFIC SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
  • 18. ASIA-PACIFIC SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
  • 19. REST OF THE WORLD SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 20. REST OF THE WORLD SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY TYPE2020-2027 ($ MILLION)
  • 21. REST OF THE WORLD SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)

LIST OF FIGURES

1. IMPACT OF COVID-19 ON GLOBAL SOLAR BATTERY MARKET, 2020-2027 (% MILLION)

2. IMPACT OF COVID-19 ON GLOBAL SOLAR BATTERY MARKETBY SEGMENT, 2020-2027 (% MILLION)

  • 3. RECOVERY OF GLOBAL SOLAR BATTERY MARKET, 2020-2027 (%)
  • 4. GLOBAL SOLAR BATTERY MARKET SHARE BY TYPE, 2020 VS 2027 (%)
  • 5. GLOBAL SOLAR BATTERY MARKET SHARE BY END-USER, 2020 VS 2027 (%)
  • 6. GLOBAL SOLAR BATTERY MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 7. GLOBALSOLARLEAD-ACID BATTERY MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 8. GLOBALSOLARLITHIUM-ION BATTERY MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 9. GLOBAL OTHERSOLAR BATTERY MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 10. GLOBALSOLAR BATTERY MARKET FORTELECOMMUNICATION INDUSTRIESMARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 11. GLOBALSOLAR BATTERY MARKETFOR HOME AND RESIDENTIALMARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 12. GLOBALSOLAR BATTERY MARKETFOR AUTOMOBILE APPLICATIONS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 13. GLOBALSOLAR BATTERY MARKET FOR OTHERS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 14. US SOLAR BATTERY MARKETSIZE, 2020-2027($ MILLION)
  • 15. CANADA SOLAR BATTERY MARKETSIZE, 2020-2027($ MILLION)
  • 16. UK SOLAR BATTERY MARKET AND MARKET SIZE, 2020-2027($ MILLION)
  • 17. FRANCE SOLAR BATTERY MARKETSIZE, 2020-2027($ MILLION)
  • 18. GERMANY SOLAR BATTERY MARKETSIZE, 2020-2027($ MILLION)
  • 19. ITALY SOLAR BATTERY MARKETSIZE, 2020-2027($ MILLION)
  • 20. SPAIN SOLAR BATTERY MARKETSIZE, 2020-2027($ MILLION)
  • 21. REST OF EUROPE SOLAR BATTERY MARKETSIZE, 2020-2027($ MILLION)
  • 22. INDIA SOLAR BATTERY MARKETSIZE, 2020-2027($ MILLION)
  • 23. CHINA SOLAR BATTERY MARKETSIZE, 2020-2027($ MILLION)
  • 24. JAPAN SOLAR BATTERY MARKETSIZE, 2020-2027($ MILLION)
  • 25. SOUTH KOREA SOLAR BATTERY MARKETSIZE, 2020-2027($ MILLION)
  • 26. REST OF ASIA-PACIFIC SOLAR BATTERY MARKETSIZE, 2020-2027($ MILLION)
  • 27. REST OF THE WORLD SOLAR BATTERY MARKETSIZE, 2020-2027($ MILLION)