Press release
Global Batteries Market is expected to Rise at a CAGR of 4% from 2016 to 2022
Batteries Market
Global Batteries Market Segmented on the basis of
By Battery Type
• Lead acid
• Lithium ion
• Nickel metal hydride
• Nickel cadmium
By Application
• Two/Three Wheelers
• Electric Cars
• Heavy Vehicles
By Regions
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Market Highlights:
Batteries are a device that provides the electric energy to automobiles for starting, lighting and ignition. Rising the demand of hybrid, semi-hybrid and fully electric vehicles will drive the global battery market. Also adoption rate of these Batteries in passenger vehicle is increasing which will drive this market. However, safety issues related to battery usage may hamper the growth of global battery market. Thus the Batteries System market is expected to register a CAGR of about 4%.
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Key Players
The leading players in the Batteries market are
• Exide Technologies
• Douglas Battery
• East Penn Manufacturing Co.
• Johnson Controls Inc.
• The Furukawa Battery Co. ltd
• Zhejiang Haijiu Battery Co. Ltd
• Chaowei Power Holding ltd
• Camel Group
• Fengfan Co. Ltd
Intended Audience
• Batteries manufacturers
• Distributer & Supplier companies
• Automotive Manufacturers
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities
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Study Objectives of Batteries Market
• To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Batteries Market
• To provide insights about factors affecting the market growth
• To Analyze the Global Batteries Market based on various factors such as supply chain analysis, and Porter’s five force analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by Battery Type, and Application,
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Regional Analysis of Batteries Market
North America region dominates the global Batteries market, because increasing eco-friendly initiatives & raising the production of technologically advanced vehicles. This region will grow at good pace during the forecast period. Asia-Pacific region will show a significant growth during the forecast period. Factors like rising the disposable income and rising the demand of commercial & passenger vehicles, will drive the global Batteries market.
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Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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