Battery Technology Market – Global Opportunities & Forecast, 2020-2027
The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study.
Key Drivers of the Battery Technology Market:
The significant factors contributing to the growth of the
global battery
technology market include the increasing usage of electric and hybrid
electric vehicles globally, rising adoption of battery technologies in the
renewable energy sector, and the emerging demand for automation and
battery-operated material handling equipment in different industries. Moreover,
the growing deployment of batteries in the utility sector is further bolstering
the growth of the market during the forecast period. With the rapid automation
in gadgets and portable electronic devices, there has been an upsurge in demand
for batteries. In addition to this, the technological advancement in batteries,
include the advancements in microelectronic battery and the charger controller
technology, which is attracting new customer base into the market over the
forecast period. On the other hand, the rising number of legislation to limit
the usage of lead, mercury, and calcium in the manufacturing procedure will
hinder the growth of the market.
This report splits the Battery Technology Market as
follows:
By Technology:
·
Lithium-Ion Battery
o
The
market for Lithium-Ion Battery, By Type
§
Lithium
Nickel Manganese Cobalt (LI-NMC)
§
Lithium
Iron Phosphate (LFP)
§
Lithium
Cobalt Oxide (LCO)
§
Lithium
Titanate Oxide (LTO)
§
Lithium
Manganese Oxide (LMO)
§
Lithium
Nickel Cobalt Aluminum Oxide (NCA)
·
Lead Acid Battery
o
The
market for Lead Acid Battery, By Type
§
Flooded
Lead-Acid Battery
§
VRLA
Technology
·
Nickel Metal Hydride Battery
·
Others
By Application:
·
Power & Utilities
·
Transportation
·
Industrial
·
Commercial & Residential
·
Consumer Electronics
·
Medical
By Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
Competitive Landscape:
The battery technology market report
also scans the competitive landscape and profiles the major players operating
in the market, including Panasonic Corporation, Samsung, Clarios, GS Yuasa
International Ltd., CATL, Chaowei Power Holding Limited, BYD Company, LG,
Hitachi Chemical, and Enersys, among others.
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