Press release
China Battery Market Trends, Research Report, Growth, Opportunities, Forecast 2021-2027
The China battery market is estimated to grow at a significant CAGR during the forecast period. The growing renewable energy industry tends to create the demand for renewable energy batteries and hence drive the regional growth of the market.China has made substantial progress in scaling up renewable power as well as reducing the cost of renewable energy in the past 20 years. As a result of this, China has fulfilled the 13th Five?Year Plan targets ahead of time. Wind and solar PV have gradually entered the post?subsidy era. In 2018, the government promoted the consumption of renewable energy by setting mandatory caps on curtailment and minimum consumption targets.
A full report of China Battery Market is available at https://www.omrglobal.com/industry-reports/china-battery-market
Batteries, especially lithium-ion batteries, are used for storing energy have become a key partner of photovoltaic solar, wind, and hybrid power plants, especially in areas not connected to a strong grid. The need for storage has increased significantly with the growing use of renewable sources.
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- China
• Competitive Landscape- A123 Systems LLC, BYD Co. Ltd. and Saft Group SA
To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/china-battery-market
Key Questions Addressed by the Report
• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
China 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
Company Profiles
• A123 Systems, LLC
• Automotive Energy Supply Corp.
• BYD Co. Ltd.
• Chaowei Power Holdings Ltd.
• KAYO Battery (Shenzhen) Co. Ltd.
• NGK Insulators Ltd.
• ProLogium Technology Co., Ltd.
• Saft Groupe SA
• Tianneng Battery Group Co., Ltd.
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
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.
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