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PUBLISHER: TechNavio | PRODUCT CODE: 1459466
PUBLISHER: TechNavio | PRODUCT CODE: 1459466
Global Secondary Battery Market 2024-2028
PUBLISHED:
PAGES: 182 Pages
DELIVERY TIME: 1-2 business days
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The secondary battery market is forecasted to grow by USD 91.79 bn during 2023-2028, accelerating at a CAGR of 13.7% during the forecast period. The report on the secondary battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by decline in lithium-ion battery costs, technological advancements in battery chemistry, and rising focus on renewable power generation.
Technavio's secondary battery market is segmented as below:
| Market Scope | |
|---|---|
| Base Year | 2024 |
| End Year | 2028 |
| Series Year | 2024-2028 |
| Growth Momentum | Accelerate |
| YOY 2024 | 12.88% |
| CAGR | 13.7% |
| Incremental Value | $91.79bn |
By Technology
- Lead-acid
- Lithium-ion
- Others
By Application
- Automotive batteries
- Industrial batteries
- Portable batteries
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the development of advanced lead-based secondary batteries as one of the prime reasons driving the secondary battery market growth during the next few years. Also, revision in standards of secondary batteries and growing number of microgrid installations will lead to sizable demand in the market.
The report on the secondary battery market covers the following areas:
- Secondary battery market sizing
- Secondary battery market forecast
- Secondary battery market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading secondary battery market vendors that include Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH, Brookfield Business Partners LP, BYD Co. Ltd., Contemporary Amperex Technology Co. Ltd., East Penn Manufacturing Co. Inc., EEMB, EnerSys, Exide Technologies, Furukawa Electric Co. Ltd., GS Yuasa International Ltd., Hitachi Ltd., Leoch International Technology Ltd., LG Corp., Lithium Battery Co., Murata Manufacturing Co. Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Shenzhen GMCELL Technology Co. Ltd., Stellantis NV, Tesla Inc., Tata Sons Pvt. Ltd., TianJin Lishen Battery Joint Stock Co. Ltd., TotalEnergies SE, Toyota Motor Corp., and U.S. Battery Manufacturing Co.. Also, the secondary battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Product Code: IRTNTR40336
Table of Contents
1 Executive Summary
- 1.1 Market overview
2 Market Landscape
- 2.1 Market ecosystem
3 Market Sizing
- 3.1 Market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
- 4.1 Global secondary battery market 2018 - 2022
- 4.2 Technology Segment Analysis 2018 - 2022
- 4.3 Application Segment Analysis 2018 - 2022
- 4.4 Geography Segment Analysis 2018 - 2022
- 4.5 Country Segment Analysis 2018 - 2022
5 Five Forces Analysis
- 5.1 Five forces summary
- 5.2 Bargaining power of buyers
- 5.3 Bargaining power of suppliers
- 5.4 Threat of new entrants
- 5.5 Threat of substitutes
- 5.6 Threat of rivalry
- 5.7 Market condition
6 Market Segmentation by Technology
- 6.1 Market segments
- 6.2 Comparison by Technology
- 6.3 Lead-acid - Market size and forecast 2023-2028
- 6.4 Lithium-ion - Market size and forecast 2023-2028
- 6.5 Others - Market size and forecast 2023-2028
- 6.6 Market opportunity by Technology
7 Market Segmentation by Application
- 7.1 Market segments
- 7.2 Comparison by Application
- 7.3 Automotive batteries - Market size and forecast 2023-2028
- 7.4 Industrial batteries - Market size and forecast 2023-2028
- 7.5 Portable batteries - Market size and forecast 2023-2028
- 7.6 Others - Market size and forecast 2023-2028
- 7.7 Market opportunity by Application
8 Customer Landscape
- 8.1 Customer landscape overview
9 Geographic Landscape
- 9.1 Geographic segmentation
- 9.2 Geographic comparison
- 9.3 APAC - Market size and forecast 2023-2028
- 9.4 Europe - Market size and forecast 2023-2028
- 9.5 North America - Market size and forecast 2023-2028
- 9.6 Middle East and Africa - Market size and forecast 2023-2028
- 9.7 South America - Market size and forecast 2023-2028
- 9.8 China - Market size and forecast 2023-2028
- 9.9 US - Market size and forecast 2023-2028
- 9.10 Japan - Market size and forecast 2023-2028
- 9.11 Germany - Market size and forecast 2023-2028
- 9.12 UK - Market size and forecast 2023-2028
- 9.13 Market opportunity By Geographical Landscape
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- 11.3 Landscape disruption
- 11.4 Industry risks
12 Vendor Analysis
- 12.1 Vendors covered
- 12.2 Market positioning of vendors
- 12.3 Brookfield Business Partners LP
- 12.4 BYD Co. Ltd.
- 12.5 East Penn Manufacturing Co. Inc.
- 12.6 EEMB
- 12.7 Exide Technologies
- 12.8 Furukawa Electric Co. Ltd.
- 12.9 GS Yuasa International Ltd.
- 12.10 Hitachi Ltd.
- 12.11 Leoch International Technology Ltd.
- 12.12 LG Corp.
- 12.13 Murata Manufacturing Co. Ltd.
- 12.14 Panasonic Holdings Corp.
- 12.15 Samsung Electronics Co. Ltd.
- 12.16 Tesla Inc.
- 12.17 TotalEnergies SE
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- 13.3 Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 List of abbreviations
Product Code: IRTNTR40336
Exhibits:
- Exhibits1: Executive Summary - Chart on Market Overview
- Exhibits2: Executive Summary - Data Table on Market Overview
- Exhibits3: Executive Summary - Chart on Global Market Characteristics
- Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
- Exhibits5: Executive Summary - Chart on Market Segmentation by Technology
- Exhibits6: Executive Summary - Chart on Market Segmentation by Application
- Exhibits7: Executive Summary - Chart on Incremental Growth
- Exhibits8: Executive Summary - Data Table on Incremental Growth
- Exhibits9: Executive Summary - Chart on Vendor Market Positioning
- Exhibits10: Parent market
- Exhibits11: Market Characteristics
- Exhibits12: Offerings of vendors included in the market definition
- Exhibits13: Market segments
- Exhibits14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibits15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibits16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibits17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibits18: Historic Market Size - Data Table on global secondary battery market 2018 - 2022 ($ billion)
- Exhibits19: Historic Market Size - Technology Segment 2018 - 2022 ($ billion)
- Exhibits20: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
- Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
- Exhibits23: Five forces analysis - Comparison between 2023 and 2028
- Exhibits24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
- Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
- Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
- Exhibits29: Chart on Market condition - Five forces 2023 and 2028
- Exhibits30: Chart on Technology - Market share 2023-2028 (%)
- Exhibits31: Data Table on Technology - Market share 2023-2028 (%)
- Exhibits32: Chart on Comparison by Technology
- Exhibits33: Data Table on Comparison by Technology
- Exhibits34: Chart on Lead-acid - Market size and forecast 2023-2028 ($ billion)
- Exhibits35: Data Table on Lead-acid - Market size and forecast 2023-2028 ($ billion)
- Exhibits36: Chart on Lead-acid - Year-over-year growth 2023-2028 (%)
- Exhibits37: Data Table on Lead-acid - Year-over-year growth 2023-2028 (%)
- Exhibits38: Chart on Lithium-ion - Market size and forecast 2023-2028 ($ billion)
- Exhibits39: Data Table on Lithium-ion - Market size and forecast 2023-2028 ($ billion)
- Exhibits40: Chart on Lithium-ion - Year-over-year growth 2023-2028 (%)
- Exhibits41: Data Table on Lithium-ion - Year-over-year growth 2023-2028 (%)
- Exhibits42: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibits43: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibits44: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibits45: Data Table on Others - Year-over-year growth 2023-2028 (%)
- Exhibits46: Market opportunity by Technology ($ billion)
- Exhibits47: Data Table on Market opportunity by Technology ($ billion)
- Exhibits48: Chart on Application - Market share 2023-2028 (%)
- Exhibits49: Data Table on Application - Market share 2023-2028 (%)
- Exhibits50: Chart on Comparison by Application
- Exhibits51: Data Table on Comparison by Application
- Exhibits52: Chart on Automotive batteries - Market size and forecast 2023-2028 ($ billion)
- Exhibits53: Data Table on Automotive batteries - Market size and forecast 2023-2028 ($ billion)
- Exhibits54: Chart on Automotive batteries - Year-over-year growth 2023-2028 (%)
- Exhibits55: Data Table on Automotive batteries - Year-over-year growth 2023-2028 (%)
- Exhibits56: Chart on Industrial batteries - Market size and forecast 2023-2028 ($ billion)
- Exhibits57: Data Table on Industrial batteries - Market size and forecast 2023-2028 ($ billion)
- Exhibits58: Chart on Industrial batteries - Year-over-year growth 2023-2028 (%)
- Exhibits59: Data Table on Industrial batteries - Year-over-year growth 2023-2028 (%)
- Exhibits60: Chart on Portable batteries - Market size and forecast 2023-2028 ($ billion)
- Exhibits61: Data Table on Portable batteries - Market size and forecast 2023-2028 ($ billion)
- Exhibits62: Chart on Portable batteries - Year-over-year growth 2023-2028 (%)
- Exhibits63: Data Table on Portable batteries - Year-over-year growth 2023-2028 (%)
- Exhibits64: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibits65: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibits66: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibits67: Data Table on Others - Year-over-year growth 2023-2028 (%)
- Exhibits68: Market opportunity by Application ($ billion)
- Exhibits69: Data Table on Market opportunity by Application ($ billion)
- Exhibits70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Exhibits71: Chart on Market share By Geographical Landscape 2023-2028 (%)
- Exhibits72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
- Exhibits73: Chart on Geographic comparison
- Exhibits74: Data Table on Geographic comparison
- Exhibits75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibits76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibits77: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibits78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- Exhibits79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibits80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibits81: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibits82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- Exhibits83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibits84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibits85: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibits86: Data Table on North America - Year-over-year growth 2023-2028 (%)
- Exhibits87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibits88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibits89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibits90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibits91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibits92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibits93: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibits94: Data Table on South America - Year-over-year growth 2023-2028 (%)
- Exhibits95: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibits96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibits97: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibits98: Data Table on China - Year-over-year growth 2023-2028 (%)
- Exhibits99: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibits100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibits101: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibits102: Data Table on US - Year-over-year growth 2023-2028 (%)
- Exhibits103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibits104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibits105: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibits106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
- Exhibits107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibits108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibits109: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibits110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- Exhibits111: Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibits112: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibits113: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibits114: Data Table on UK - Year-over-year growth 2023-2028 (%)
- Exhibits115: Market opportunity By Geographical Landscape ($ billion)
- Exhibits116: Data Tables on Market opportunity By Geographical Landscape ($ billion)
- Exhibits117: Impact of drivers and challenges in 2023 and 2028
- Exhibits118: Overview on Criticality of inputs and Factors of differentiation
- Exhibits119: Overview on factors of disruption
- Exhibits120: Impact of key risks on business
- Exhibits121: Vendors covered
- Exhibits122: Matrix on vendor position and classification
- Exhibits123: Brookfield Business Partners LP - Overview
- Exhibits124: Brookfield Business Partners LP - Business segments
- Exhibits125: Brookfield Business Partners LP - Key offerings
- Exhibits126: Brookfield Business Partners LP - Segment focus
- Exhibits127: BYD Co. Ltd. - Overview
- Exhibits128: BYD Co. Ltd. - Business segments
- Exhibits129: BYD Co. Ltd. - Key offerings
- Exhibits130: BYD Co. Ltd. - Segment focus
- Exhibits131: East Penn Manufacturing Co. Inc. - Overview
- Exhibits132: East Penn Manufacturing Co. Inc. - Product / Service
- Exhibits133: East Penn Manufacturing Co. Inc. - Key news
- Exhibits134: East Penn Manufacturing Co. Inc. - Key offerings
- Exhibits135: EEMB - Overview
- Exhibits136: EEMB - Product / Service
- Exhibits137: EEMB - Key offerings
- Exhibits138: Exide Technologies - Overview
- Exhibits139: Exide Technologies - Product / Service
- Exhibits140: Exide Technologies - Key news
- Exhibits141: Exide Technologies - Key offerings
- Exhibits142: Furukawa Electric Co. Ltd. - Overview
- Exhibits143: Furukawa Electric Co. Ltd. - Product / Service
- Exhibits144: Furukawa Electric Co. Ltd. - Key offerings
- Exhibits145: GS Yuasa International Ltd. - Overview
- Exhibits146: GS Yuasa International Ltd. - Business segments
- Exhibits147: GS Yuasa International Ltd. - Key offerings
- Exhibits148: GS Yuasa International Ltd. - Segment focus
- Exhibits149: Hitachi Ltd. - Overview
- Exhibits150: Hitachi Ltd. - Business segments
- Exhibits151: Hitachi Ltd. - Key news
- Exhibits152: Hitachi Ltd. - Key offerings
- Exhibits153: Hitachi Ltd. - Segment focus
- Exhibits154: Leoch International Technology Ltd. - Overview
- Exhibits155: Leoch International Technology Ltd. - Product / Service
- Exhibits156: Leoch International Technology Ltd. - Key offerings
- Exhibits157: LG Corp. - Overview
- Exhibits158: LG Corp. - Business segments
- Exhibits159: LG Corp. - Key offerings
- Exhibits160: LG Corp. - Segment focus
- Exhibits161: Murata Manufacturing Co. Ltd. - Overview
- Exhibits162: Murata Manufacturing Co. Ltd. - Business segments
- Exhibits163: Murata Manufacturing Co. Ltd. - Key news
- Exhibits164: Murata Manufacturing Co. Ltd. - Key offerings
- Exhibits165: Murata Manufacturing Co. Ltd. - Segment focus
- Exhibits166: Panasonic Holdings Corp. - Overview
- Exhibits167: Panasonic Holdings Corp. - Business segments
- Exhibits168: Panasonic Holdings Corp. - Key news
- Exhibits169: Panasonic Holdings Corp. - Key offerings
- Exhibits170: Panasonic Holdings Corp. - Segment focus
- Exhibits171: Samsung Electronics Co. Ltd. - Overview
- Exhibits172: Samsung Electronics Co. Ltd. - Business segments
- Exhibits173: Samsung Electronics Co. Ltd. - Key news
- Exhibits174: Samsung Electronics Co. Ltd. - Key offerings
- Exhibits175: Samsung Electronics Co. Ltd. - Segment focus
- Exhibits176: Tesla Inc. - Overview
- Exhibits177: Tesla Inc. - Business segments
- Exhibits178: Tesla Inc. - Key news
- Exhibits179: Tesla Inc. - Key offerings
- Exhibits180: Tesla Inc. - Segment focus
- Exhibits181: TotalEnergies SE - Overview
- Exhibits182: TotalEnergies SE - Business segments
- Exhibits183: TotalEnergies SE - Key news
- Exhibits184: TotalEnergies SE - Key offerings
- Exhibits185: TotalEnergies SE - Segment focus
- Exhibits186: Inclusions checklist
- Exhibits187: Exclusions checklist
- Exhibits188: Currency conversion rates for US$
- Exhibits189: Research methodology
- Exhibits190: Validation techniques employed for market sizing
- Exhibits191: Information sources
- Exhibits192: List of abbreviations
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