Press release
Batteries Market Research 2022 - Global Size, Future Insights, Scope Analysis, Demand Outlook And CAGR Growth By 2026 | TDK Corp, Panasonic Corporation
Batteries Market
The regions covered in the batteries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest batteries market share.
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The batteries market consists of sales of batteries by entities (organizations, sole traders and partnerships) that produce primary and storage batteries. Examples of primary batteries include disposable flashlight batteries, dry cells, primary (e.g., AAA, AA, C, D, 9V), lithium batteries, primary, and watch batteries. Examples of storage batteries include lead acid storage batteries, lithium storage batteries, and rechargeable nickel-cadmium (NICAD) batteries.
Key competitors in the batteries market are Samsung SDI, LG Chem Ltd, BYD Electronic (International) Co Ltd, TDK Corp, Panasonic Corporation, Chaowei Power Holdings ltd.
The global batteries market size is expected to grow from $83.83 billion in 2021 to $96.10 billion in 2022 at a compound annual growth rate (CAGR) of 14.6%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The battery market is expected to reach $161.24 billion in 2026 at a CAGR of 13.8%.
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TBRC's report segments the global batteries market:
1) By Type: Secondary Batteries, Primary Batteries
2) By Application: Automotive Batteries, Industrial Batteries, Portable Batteries, Power Tools Batteries, SLI Batteries, Others
3) By Sales Channel: OEM, Aftermarket
4) By Mode: Online, Offline
Read Further On The Batteries Market Here:
https://www.thebusinessresearchcompany.com/report/batteries-global-market-report
The Table Of Contents Includes:
1. Executive Summary
2. Batteries Market Characteristics
3. Batteries Market Trends And Strategies
4. Impact Of COVID-19 On Batteries
5. Batteries Market Size And Growth
.....
28. Key Mergers And Acquisitions In The Batteries Market
29. Batteries Market Future Outlook And Potential Analysis
30. Appendix
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