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Battery Market Size 2024: Global Share, Industry And Report Analysis By 2031 | GPB International Ltd. Guangzhou Sunland New Energy Technology Co., Ltd. Guangzhou Tianqiu Enterprise Co., Ltd.
Battery Market
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The increasing demand for electric vehicles globally is a key contributor to the growth of the global battery market. According to the EV Outlook 2023, the automotive lithium-ion (Li-ion) battery demand increased by about 65.0% to 550 GWh in 2022, from about 330 GWh in 2021, primarily as a result of growth in electric passenger car sales, with new registrations increasing by 55.0% in 2022 relative to 2021. In China, battery demand for vehicles grew over 70.0%, while electric car sales increased by 80.0% in 2022 relative to 2021, with growth in battery demand slightly tempered by an increasing share of PHEVs.
full report of Battery Market available @ https://www.omrglobal.com/industry-reports/battery-market
• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2021
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
Global Battery Market Report Segment
By Category
• Primary
• Secondary
By Type
• Lithium-Ion (Li-Ion)
• Nickel-Metal Hydride (NI-MH)
• Nickel Cadmium
• Lead Acid
• Others
By Application
• Automotive
• Industrial
• Household
• Telecommunication
• Others
Global Battery Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
The Report Covers
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global battery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.
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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. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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Contact Person: Mr. Anurag Tiwari
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