Press release
Secondary Batteries Market Growth By Top Companies, Region, Application, Driver, Trends And Forecasts
The Business Research Company
The global secondary batteries market was worth $57.77 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 12.3% and reach $91.88 billion by 2023.
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The secondary batteries market consists of sales of secondary batteries and related services that are used in portable devices, electronics, and motor vehicles. Secondary batteries are electrical batteries which can be charged, discharged and recharged multiple times. Secondary batteries include Lithium-ion, lead-acid, Nickel Metal Hydride (NiMH) based secondary batteries.
Increasing demand for electric vehicles will positively impact the secondary batteries market. Secondary batteries are increasingly being used in hybrid vehicles. The wide temperature ranges between -30°C to +75°C and the rapid charging capacity of Nickel Metal Hybride (NiMH) batteries are ideal for the automotive sector. NiMH batteries can handle the high power levels which are essential for electric vehicles.
Secondary Batteries Market Segmentation:
By Type
1. Lead Acid
2. Lithium-Ion (Li-Ion)
3. Nickel Metal Hydride
4. Others
By Application
1. Electronics
2. Motor Vehicles
3. Portable Devices
4. Others
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Few Points From Table Of Content
1. Executive Summary
2. Secondary Batteries Market Characteristics
3. Secondary Batteries Market Size And Growth
4. Secondary Batteries Market Segmentation
5. Secondary Batteries Market Regional And Country Analysis
……
25. Secondary Batteries Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Secondary Batteries Market
27. Secondary Batteries Market Trends And Strategies
28. Secondary Batteries Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the secondary batteries market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the secondary batteries market are Amperex Technologies Ltd., BYD Co. Ltd., LG Chem Ltd., Samsung SDI Co. Ltd., and Johnson Controls.
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About US:
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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