Battery Market Statistical Analysis in 2018 by Top 10 Players like Douglas Battery, Johnson Controls Inc , The Furukawa Battery Co. Ltd , Penn Manufacturing Company Inc.till 2023

Global Battery Market Information by Battery Type, by Application (Portable, Automotive, Industrial) and Region.Global Batteries Market is expected to grow at a CAGR of about 4% during the forecast period, 2017 to 2023.

Market Highlights:-

Emerging technologies such as flexible batteries and aluminum-ion batteries, are expected to increase the competition. The high purchase price creates a major limitation for the consumers to adopt lithium battery into their devices or systems. Safety issues related to battery usage may hamper the growth of global battery market, which otherwise has been projected to grow at 4% in the next five years.

Get Sample Copy @ https://www.marketresearchfuture.com/sample_request/2930

Major Key Players of Battery Market:-
The leading players in the battery market are Exide Technologies (U.S.), Douglas Battery (U.S.), Penn Manufacturing Company, Inc.(U.S.), Johnson Controls Inc(U.S.), The Furukawa Battery Co. ltd (Japan), Zhejiang Haijiu Battery Co. Ltd (China), Chaowei Power Holding ltd (China), CamelGroup (Italy) and Fengfan Co. Ltd.(China)

Industry Developments:-
In January 2018, Contemporary Amperex Technology Co Ltd (CATL) has announced for USD 2 billion IPO in Shenzhen, to construct two battery plants which will include a giant 24 GWh facility which will help to massively boost the output.

On 31st August 2016, Douglas Battery introduced a new line of LegaC2™ high-frequency modular chargers. These new line chargers featured industry’s most efficient, most compact, and most versatile designs, available as wall-mounted or a free-standing design.

Market Research Future Analysis:-
There are many elements that hold the growth of global battery market. Contribution to the global industrial scenario is estimated to increase significantly in the forecast period. Asia-Pacific is dominating the battery market due to factors such as growing demand from automobile and industrial sectors. Moreover, steady growth in domestic production and exports of automobiles coupled with expanding vehicle fleet is projected to drive demand for batteries. Additionally, rising penetration of two-wheelers in semi urban and rural India is projected to surge replacement demand for two-wheeler batteries during the forecast period.

Read Complete Report @ https://www.marketresearchfuture.com/reports/battery-market-2930

Major Points From Table Of Contents:-
1 Executive Summary
2 Research Methodology
3 Market Dynamics
4 Global Battery Market, By Battery Type
5 Global Battery Market, By Application
5.1 Introduction
5.2 Portable
5.3 Automotive
5.4 Industrial
6 Regional Market Analysis
6.1 Introduction
6.2 North America
6.2.1 U.S.
6.2.2 Canada
6.3 Europe
6.3.1 U.K
6.3.2 France
6.3.3 Germany
6.3.4 Spain

For more information or any query @ https://www.marketresearchfuture.com/enquiry/2930

6.3.5 Rest Of Europe
6.4 Asia-Pacific
6.4.1 China
6.4.2 Japan
6.4.3 India
6.4.4 Rest Of Asia-Pacific
6.5 Rest Of The World

Continued..............

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Technologies and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

This release was published on openPR.