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Global Battery Technology Market to reach USD XX million by 2028.

Global Battery Technology Market Size study, By Technology Type (Lithium-Ion Battery, Lead Acid Battery, Nickel Metal Hydride Battery, Other Battery Technologies), By Application (Power & Utilities, Industrial, Commercial & Residential, Consumer Electronics, Others), and Regional Forecasts 2022-2028

Product Code: EPPGS-40981167
Publish Date: 17-05-2022
Page: 200

Global Battery Technology Market is valued at approximately USDXX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. A battery is an amalgamation of two or more electrochemical cells. Battery technology is used to store energy in the form of chemical energy in electrochemical cells and transformed it into electrical energy. The increasing demand for electric and hybrid electric vehicles, growing adoption of battery technology across the renewable energy industry, and rising deployment of batteries in the utility sector are the primary factors that are fueling the market demand across the globe. For instance, as per Statista, the total production of hybrid electric vehicles worldwide is recorded as 2.9 million vehicles in 2020. Also, the number is expected to reach 5.4 million vehicles by 2025. Accordingly, the surging production of the hybrid electric vehicle is stimulating the market growth in the impending years. However, safety issues associated with the storage transportation of spent batteries and the high cost of battery-operated industrial vehicles impede the growth of the market over the forecast period of 2022-2028. Also, large storage requirements in data centers and increasing advancements in wearable devices are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Battery Technology Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising emphasis on the renewable energy industry and rising investment in technological advancements. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the rising presence of the leading market players such as Samsung SDI Co., Ltd., LG Electronics Inc., Panasonic Corp., etc., as well as increasing demand for the electric and hybrid electric vehicles, as well as growth of the countries like South Korea, India, Japan, and China would create lucrative growth prospects for the Battery Technology Market across the Asia-Pacific region.

Major market players included in this report are:
Panasonic Corporation
Samsung SDI Co., Ltd.
Chaowei Power Co., Ltd.
Contemporary Amperex Technology Co., Ltd.
LG Chem Ltd.
BYD Company
Hitachi Chemical Co., Ltd.
Fujitsu Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology Type
Lithium-Ion Battery
Lead Acid Battery
Nickel Metal Hydride Battery
Other Battery Technologies
By Application
Power & Utilities
Commercial & Residential
Consumer Electronics
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Battery Technology Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Battery Technology Market, by Region, 2020-2028 (USD Million)
1.2.2. Battery Technology Market, by Technology Type, 2020-2028 (USD Million)
1.2.3. Battery Technology Market, by Application, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Battery Technology Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Battery Technology Market Dynamics
3.1. Battery Technology Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Increasing adoption of battery technology across the renewable energy industry Growing demand for electric and hybrid electric vehicles
3.1.2. Market Challenges Safety issues associated with storage transportation of spent batteries High cost of battery-operated industrial vehicles
3.1.3. Market Opportunities Large storage requirements in data centers Increasing advancements in wearable devices
Chapter 4. Global Battery Technology Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Battery Technology Market, by Technology Type
6.1. Market Snapshot
6.2. Global Battery Technology Market by Technology Type, Performance – Potential Analysis
6.3. Global Battery Technology Market Estimates & Forecasts by Technology Type, 2018-2028 (USD Million)
6.4. Battery Technology Market, Sub Segment Analysis
6.4.1. Lithium-Ion Battery
6.4.2. Lead Acid Battery
6.4.3. Nickel Metal Hydride Battery
6.4.4. Other Battery Technologies
Chapter 7. Global Battery Technology Market, by Application
7.1. Market Snapshot
7.2. Global Battery Technology Market by Application, Performance – Potential Analysis
7.3. Global Battery Technology Market Estimates & Forecasts by Application, 2018-2028 (USD Million)
7.4. Battery Technology Market, Sub Segment Analysis
7.4.1. Power & Utilities
7.4.2. Industrial
7.4.3. Commercial & Residential
7.4.4. Consumer Electronics
7.4.5. Others
Chapter 8. Global Battery Technology Market, Regional Analysis
8.1. Battery Technology Market, Regional Market Snapshot
8.2. North America Battery Technology Market
8.2.1. U.S. Battery Technology Market Technology Type breakdown estimates & forecasts, 2018-2028 Application breakdown estimates & forecasts, 2018-2028
8.2.2. Canada Battery Technology Market
8.3. Europe Battery Technology Market Snapshot
8.3.1. U.K. Battery Technology Market
8.3.2. Germany Battery Technology Market
8.3.3. France Battery Technology Market
8.3.4. Spain Battery Technology Market
8.3.5. Italy Battery Technology Market
8.3.6. Rest of Europe Battery Technology Market
8.4. Asia-Pacific Battery Technology Market Snapshot
8.4.1. China Battery Technology Market
8.4.2. India Battery Technology Market
8.4.3. Japan Battery Technology Market
8.4.4. Australia Battery Technology Market
8.4.5. South Korea Battery Technology Market
8.4.6. Rest of Asia Pacific Battery Technology Market
8.5. Latin America Battery Technology Market Snapshot
8.5.1. Brazil Battery Technology Market
8.5.2. Mexico Battery Technology Market
8.6. Rest of The World Battery Technology Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Clarios Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Panasonic Corporation
9.2.3. Samsung SDI Co., Ltd.
9.2.4. Chaowei Power Co., Ltd.
9.2.5. Contemporary Amperex Technology Co., Ltd.
9.2.6. Enersys
9.2.7. LG Chem Ltd.
9.2.8. BYD Company
9.2.9. Hitachi Chemical Co., Ltd.
9.2.10. Fujitsu Ltd.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the 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 breakdown the market in 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 geographies to provide a better regional outlook. In the report, 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. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

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