Press release
Asia-Pacific Battery Market Size, Share and Forecast 2019-2025
The Asia-Pacific battery market is estimated to grow at a significant CAGR during the forecast period. The increasing demand from end-user industries such as the automotive industry, consumer electronics industry, and energy & power industry tend to drive the regional growth of the market. Major economies contributing to the growth of the market include India, China, and Japan.Request a Free Sample of our Asia-Pacific Battery Market: https://www.omrglobal.com/request-sample/asia-pacific-battery-market
The growing support from the Indian government to play a key role in the growth of the Asia-Pacific battery industry. India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities as the country intends to promote the use of electric vehicles and cut down its dependence on oil.
“Currently, the battery energy storage industry is at a very nascent stage in India with investors being a little apprehensive to invest in a sunrise industry”, said the government. According to a proposal drafted by NITI Aayog, India plans to retain its import tax rate of 5% for certain types of batteries, including EV batteries, until 2022, however will increase it to 15% thereafter for promoting domestic manufacturing.
This policy creates an ample opportunity for the battery makers such as South Korea’s LG Chem and Japan’s Panasonic Corp/ as well as automotive players that have building Eves’ in India such as Tata Motors and Mahindra & Mahindra.
A full Report of Asia-Pacific Battery Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-battery-market
Market Coverage
• Market number available for – 2018-2025
• Base year- 2018
• Forecast period- 2019-2025
• Segment Covered- By Category, By Type, and By Application
• Regions Covered- Asia-Pacific
• Competitive Landscape- A123 Systems LLC, BYD Co. Ltd., Exide Industries Ltd., Hitachi Chemical Co. Ltd., LG Chem Ltd., Mitsui & Co. Ltd., Panasonic Corp., and Saft Group SA
Asia-Pacific Battery Market- Segmentation
By Category
• Primary
• Secondary
By Type
• Lithium-Ion
• Nickel-Metal Hydride (NI-MH)
• Nickel Cadmium
• Lead Acid
• Others
By Application
• Automotive
• Industrial
• Consumer Electronics
• Power & Energy
• Others
Asia-Pacific Battery Market– Segment by Region
• China
• Japan
• India
• Rest of Asia-Pacific
Company Profiles
• A123 Systems, LLC
• Overview
• A123 Systems, LLC in Asia-Pacific
• A123 Systems, LLC in Battery Landscape
• Recent Developments
• Automotive Energy Supply Corp.
• BYD Co. Ltd.
• Contemporary Amperex Technology Co., Ltd.
• Exide Industries Ltd.
• GS Yuasa Corp
• Hitachi Chemical Co., Ltd
• KAYO Battery (Shenzhen) Co. Ltd.
• LG Chem Ltd.
• Mitsui & Co. Ltd.
• NGK Insulators Ltd.
• Panasonic Corp.
• ProLogium Technology Co., Ltd.
• Saft Groupe SA
• SAMSUNG SDI CO.,LTD
• SK Continental E-motion Korea Co., Ltd.
• Toshiba Corp.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-battery-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Asia-Pacific Battery Market Size, Share and Forecast 2019-2025 here
News-ID: 2196267 • Views: …
More Releases from ORION MARKET RESEARCH

Automotive Battery Sensor Market Rising Demand and Growth Forecast Through 2033
The global automotive battery sensor market was valued at approximately USD 3.5 billion in 2023 and is projected to grow to around USD 8.9 billion by 2033, achieving a compound annual growth rate (CAGR) of about 9.8% from 2024 to 2033.
Automotive Battery Sensor Market Overview
The automotive battery sensor market is expanding rapidly as electrification transforms the vehicle industry. These sensors-which monitor critical battery parameters like voltage, current, temperature, and state-of-charge-are…

Animal-Based Protein Supplement Market Size Analysis, Competitive Insights, Lead …
The global animal-based protein supplement market was valued at approximately USD 28.2 billion in 2023 and is projected to reach around USD 47.0 billion by 2033, growing at a compound annual growth rate (CAGR) of about 10.9% from 2024 to 2033.
Animal-Based Protein Supplement Market Overview
The animal-based protein supplement market is growing rapidly due to increasing health awareness and the rising popularity of sports and fitness activities. Consumers are seeking high-quality…

Aluminium Recycling Market Size Future Scope, Demands and Projected Industry Gro …
The global aluminium recycling market was valued at approximately USD 72 billion in 2023 and is projected to reach around USD 130 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2032.
Aluminium Recycling Market Overview
The aluminium recycling market is experiencing significant growth, driven by increasing demand for sustainable materials and the environmental benefits of recycling. Recycling aluminium requires up to 95% less energy…

Visual Effects Services (VFX) Market Comprehensive Research Study, Business Over …
The global Visual Effects Services (VFX) market was valued at approximately USD 16.8 billion in 2023 and is projected to reach around USD 41.5 billion by 2033, growing at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2033 .
Visual Effects Services (VFX) Market Overview
The Visual Effects Services (VFX) market is experiencing robust growth, driven by advancements in technology and increasing demand for high-quality visual content across various…
More Releases for Battery
Thin Film Micro Battery Market, By Rechargeability (Primary Battery, Secondary B …
The thin film micro battery market is expected to witness market growth at a rate of 30.9% in the forecast period of 2022 to 2029. Data Bridge Market Research report on thin film micro battery market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand for the Internet of Things (IoT)…
Deep Cycle Gel Battery Market 2022 Analysis by Top Leading Players | Trojan Batt …
The Deep Cycle Gel Battery Market report offers qualitative and quantitative insights as well as a thorough examination of the market size and expansion rate of all potential market segments. The report has been put together using primary and secondary research methodologies, which offer an exact and detailed understanding of the Deep Cycle Gel Battery market. The Deep Cycle Gel Battery Market is projected to succeed at a CAGR of…
Global Power Energy Storage Battery Market 2019 - Lithium Ion Battery,All-vanadi …
Power Energy Storage Battery Market
The Global Power Energy Storage Battery Market 2019 Research Report incorporates a total and careful investigation of Power Energy Storage Battery industry covering diverse perspectives like market volume, piece of the overall industry, advertise techniques, Power Energy Storage Battery development patterns, assortment of uses, use volume, request and supply examination, creation limit and Power Energy Storage Battery industry cost structures amid Forecast period from…
Space Battery Market analysis report- with Leading players, Types Nickel-based B …
Space Battery Market
The Space Battery Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The report also analyzes the development proposals and the feasibility of new investments. The Space Battery Market report has been collated in order to provide guidance and direction to the companies and individuals interested in buying this…
Global EV Battery Recycling Market : Nickel–Cadmium Battery, Nickel–Metal Hy …
The EV Battery Recycling Market Research Report consists of all the essential information in regards to the global market. This report presents an in-depth analysis of various industry factors, such as the market trends, dynamics, production, estimates, industry development drivers, size, share, investigation, supply, forecast trends, sales, industry demand, as well as several other factors.
The Global EV Battery Recycling Market report has been generated leveraging a target amalgamation…
Global Lead Acid UPS Battery Market 2017 : Sebang Global Battery, CSB Battery, H …
Global Lead Acid UPS Battery Market 2016-2017
A market study based on the " Lead Acid UPS Battery Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Lead Acid UPS Battery Market 2017’. The research report analyses the historical as well as present performance of the worldwide Lead Acid UPS Battery industry, and makes predictions on the future status of Lead Acid UPS Battery…