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North America Battery Market Outlook, 2026

North America Battery Market Outlook, 2026

Bonafide Research 13-02-2021 105 Pages Figures : 22 Tables : 28
Region : North America Category : Consumer Goods & Services Power storage & Backup

1. Panasonic Corporation

2. A 123 System LLC

3. BYD Company Limited

4. C&D Technologies Inc.

5. Clarios

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The report title 'North America Battery Market Outlook, 2026' published by Bonafide Research gives a complete insight on the battery classified on basis of type (primary & secondary), technology (lead-acid, lithium-ion, nickel-cadmium & nickel-metal hydride), and application (automotive, industrial & portable), for the countries of USA, Mexico, and Canada. North America remains a pioneer in the research and innovation in the global battery market and one of the largest consumers of batteries. The region contributes a share of over 15% to the total market in the year 2020, following the Asia Pacific and Europe. The market is anticipated to grow with a CAGR of less than 8% lowest compared to the other regions.

Even though the lead-acid battery segment dominates the market with over half of the share for a decade, it has been encountering a steady decline in market share. The lithium-ion battery segment is expected to grow as the only segment in the regional market to portray a double digit CAGR through the forecasted period. This is to be supported by the increasing demand backed by the accentuating investments towards the electric vehicle and renewable industry. All the other battery technology segments put together are expected to contribute to a market of USD 4.79 Billion by the end of the forecasted period. The consumer market put aside, the largest users of primary batteries are the military, specialty emergency services, and forest fire fighters. High energy density, long storage, and operational readiness are among their strong attributes. Yet, the segment has been showing a decline in the market share and is likely to reach a share of 11.11% by the end of 2026.

The United States is already among the countries leading in global EV sales, along with other economies like Canada, which has already begun transforming its public transportation infrastructure for EVs. The United States is the dominant player in the North America battery market, contributing to the highest share yet depicting the lowest historic CAGR of 3.75%. New requirements regarding maximum permissible mercury limits and cadmium for primary power units and batteries for Mexico were established in 2019. There has been a great deal of talk about lithium in Mexico following the discovery of the world’s largest deposit in Bacadéhuachi, which has reserves calculated at 243.8 Million tonnes of what can be termed as the- oil of the future. In Canada, the shipping and importing of lithium batteries are subject to the Transportation of Dangerous Goods Act, 1992 and its regulations. They are now considered dangerous goods and the ban on transporting lithium-ion batteries as cargo on passenger aircraft is now legislated within the act.

Apart from the major global companies, like Contemporary Amperex Technology Co. Limited, BYD Co. Ltd, Samsung SDI Co., Ltd, LG Chem Ltd, and Panasonic Corporation., the market competes with other smaller and regional marketers. AMBRI, Aquion Energy, Battery Streak, Electrovaya, Energizer, Enersys, Solid Power, etc are to name a few. In late 2020, China’s largest lithium producer, Ganfeng Lithium, initiated to build a battery recycling plant in Mexico to supply minerals to the US to tap a growing market for used materials in electric vehicles. The facility is supposed to recycle batteries from Tesla as well as Chinese electric buses in use across the region.

Companies Mentioned: A123 System LLC, BYD Company Limited, C&D Technologies Inc, Clarios, Contemporary Amperex Technology Corporation Limited, GS Yuasa International Limited, Hitachi Chemical Corporation Limited, LG Chem Limited, Panasonic Corporation, Saft Group SA, Samsung Corporation Limited, Sony Corporation, Toshiba Corporation

CONSIDERED IN THE REPORT
• Geography: North America
• Base year: 2020
• Historical year: 2015
• Forecasted year: 2026

COUNTRIES COVERED:
• USA
• Mexico
• Canada

The report also covers the major countries in the region with a clear comparison of the past performance and the estimated growth of the market in the forecasted period. In addition, the market is studied in detail with respect to the different types of the battery and its purposes regionally.
ASPECTS COVERED IN THE REPORT
• Market Size By Value for the time period (2015-2026F)
• Market Share by Battery Type (Primary & Secondary)
• Market Share by Battery Technology (Lead Acid, Lithium Ion, Nickel Cadmium & Nickel Metal Hydride)
• Market Share by Battery Application (Automotive, Industrial & Portable)
• Market Share by Country

Key Points Covered in this report:
• Market Evolution through value and volume CAGRs at different verticals
• Detailed discussion on the market dynamics that influence the market and the possible opportunities
• In sights on the market leader's performance including market shares, strategies, products, financial positions, etc

This report would help you answer the following questions:
1. What is the market size and forecast of the North America Battery Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the North America Battery Market during the forecast period?
3. Which region outstands in the North America Battery Market?
4. Which are the segments to invest in over the forecast period in the North America Battery Market?
5. What is the competitive strategic window for opportunities in the North America Battery Market?
6. What are the technology trends and regulatory frameworks in the North America Battery Market?
7. What are the major company in the North America Battery Market?

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