If you purchase this report now and we update it in next 100 days, get it free!
Argentina, a country rich in industrial and natural resources, has a diverse economic landscape shaped by its regional characteristics. Northern Argentina is known for its significant mineral resources, including lithium, which is increasingly important for battery production. The provinces of Salta and Jujuy are prominent in lithium mining, contributing to the growing battery market. Central Argentina, particularly the Pampa region, is vital for agriculture, producing soybeans, wheat, and corn, which are key to the country’s economy. This region also has a robust industrial base, including food processing and manufacturing. Southern Argentina, including Patagonia, is less densely populated but rich in natural resources such as oil and gas, with significant reserves located in the Neuquén Basin. This region is also known for its potential in renewable energy, particularly wind power, due to strong and consistent winds. Eastern Argentina, along the Atlantic coast, has major port cities like Buenos Aires and Rosario, crucial for trade and exporting agricultural products.
According to the research report "Argentina Batteries Market Overview, 2029," published by Bonafide Research, the Argentina Batteries market was valued at more than USD 0.69 Billion in 2023. The depletion of natural resources, the increase in carbon emissions, and the continuous efforts taken by both public and private sectors to reduce carbon emissions and save fuel consumption contribute to the market's growth. The implementation of government carbon emission regulations is expected to increase the use of lithium-ion batteries, thereby fueling industrial battery market shares across the country. Manufacturers develop improved solutions and various equipments for specific requirements, along with improved technology and fuel efficiency, to reduce operation costs and enhance the productivity of industrial batteries. These requirements have increased the demand for industrial batteries in equipment manufacturing applications in Argentina. The combination of abundant natural resources and industrial development positions Argentina as a key player in the global battery market, particularly in the context of lithium-ion batteries for EVs and renewable energy storage, aligning with the country’s economic and environmental objectives.
What's Inside a Bonafide Research`s industry report?
A Bonafide Research industry report provides in-depth market analysis, trends, competitive insights, and strategic recommendations to help businesses make informed decisions.
According to the report, the market is segmented into two types of batteries: primary and secondary. Among these types, the secondary segment is anticipated to dominate the market during the forecast period. These batteries are available in various sizes and shapes, such as miniature cells are used to power hearing aids and wristwatches, lithium-ion batteries or large lead acid batteries which are used in vehicles, thin cells are used in smart-phones and at the largest extreme, huge battery banks the size of rooms that provide standby or emergency power for telephone exchanges and computer data centers. The growing demand in Argentina for renewable energy storage and electric vehicles (EVs) is driving the expansion of secondary batteries. Cleaner transportation and sustainable energy alternatives are being encouraged by government incentives and environmental legislation. Lithium-ion batteries are becoming more and more in demand as EV infrastructure grows and investments in renewable energy projects, like solar and wind power, increase. These batteries are necessary for a variety of applications.
The lead-acid, lithium-ion, and nickel-based battery markets in Argentina are all distinct from one another and each has its own growth patterns and functions. The majority of lead-acid battery applications are found in automotive settings, specifically in starting, lighting, and ignition (SLI) systems, uninterruptible power supplies (UPS), and backup power. Although their market growth is rather stable when compared to newer technologies, their cost and durability guarantee their future use. Due in large part to Argentina's abundant lithium reserves in areas like Salinas Grandes and Olaroz, the market for lithium-ion batteries is expanding significantly. The production of high-performance lithium-ion batteries, which are widely utilized in renewable energy storage systems and electric vehicles (EVs), depends on these reserves. Certain industrial equipment and hybrid cars are among the niche uses for nickel-based batteries, such as nickel-metal hydride (NiMH) and nickel-cadmium (NiCd).
In Argentina, automotive batteries are primarily dominated by lead-acid technology, used extensively in conventional vehicles for starting, lighting, and ignition (SLI) systems. However, the market is beginning to shift as electric vehicle (EV) adoption grows. The expansion of EV infrastructure and government incentives is driving interest in lithium-ion batteries, which are essential for modern electric and hybrid vehicles. This transition reflects Argentina's broader focus on sustainability and clean energy. Portable batteries in Argentina are largely driven by lithium-ion technology, which powers consumer electronics such as smartphones, laptops, and tablets. The growing demand for portable and efficient energy sources supports the use of lithium-ion batteries due to their high energy density and longer lifespan. This trend is aligned with the increasing digitalization and technological advancements in the country.
COVID-19 Impacts:
Argentina's battery industry has been significantly impacted by the COVID-19 pandemic, notably in the areas of lithium mining and battery production. The pandemic caused changes in consumer behavior and supply chain disruptions that had an impact on battery distribution and manufacture. Plans for lithium mining in Argentina were influenced by COVID-19 restrictions, which may indicate a slowdown in the extraction and processing of lithium, a vital ingredient in the manufacture of batteries. Argentina has been boosting its lithium production capacity in spite of these obstacles, which may eventually lessen some of the detrimental effects on the battery market.
Make this report your own
Have queries/questions regarding a report
Take advantage of intelligence tailored to your business objective
Manmayi Raval
Research Consultant
Considered in this report
• Geography: Argentina
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029
Don’t pay for what you don’t need. Save 30%
Customise your report by selecting specific countries or regions
Aspects covered in this report
• Argentina Batteries market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By Type
• Primary
• Secondary
By Technology
• Lead acid
• Lithium ion
• Nickel metal hybrid
• Nickel cadmium
• Others
The approach of the report:
We keep an eye on evolving markets and try to evaluate the potential of the products and services. If we find the market interesting, we start working on it and create the desired table of content, considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personnel, company owners, dealers, distributors, and end-users. Once the questionnaires have been finalized, we start collecting the primary data (mostly through phone calls) and try to understand the market dynamics regionally or tier-wise. This process gives us in-depth details of the market, including all present companies, the top-performing products with reasons why they dominate; we get the details of new players and their innovative approaches; market trends; dynamics; and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. From this, we get a rough estimate of the market and start checking existing product price variants, trade, production, raw material scenarios, policies and regulatory landscape, etc. Then, to finalize the market, we start collecting financials of each player present in the market, including limited, private limited, and LLPs. Moreover, we perform cross-industry and cross-region analysis of the product, and based on collected primary inputs and using statistical modeling, we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but gives more weight age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validate the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in the form of strategic recommendations for new as well as existing players. The QC team then checks the overall report that includes spell check, data verification, and makes the same dispatch ready and error-free.
Intended Audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the battery manufacturers, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Table of Contents
1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Argentina Macro Economic Indicators
5. Market Dynamics
5.1. Market Drivers & Opportunities
5.2. Market Restraints & Challenges
5.3. Market Trends
5.3.1. XXXX
5.3.2. XXXX
5.3.3. XXXX
5.3.4. XXXX
5.3.5. XXXX
5.4. Covid-19 Effect
5.5. Supply chain Analysis
5.6. Policy & Regulatory Framework
5.7. Industry Experts Views
6. Argentina Batteries Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast, By Type
6.3. Market Size and Forecast, By Technology
6.4. Market Size and Forecast, By Application
7. Argentina Batteries Market Segmentations
7.1. Argentina Batteries Market, By Type
7.1.1. Argentina Batteries Market Size, By Primary, 2018-2029
7.1.2. Argentina Batteries Market Size, By Secondary, 2018-2029
7.2. Argentina Batteries Market, By Technology
7.2.1. Argentina Batteries Market Size, By Lead acid, 2018-2029
7.2.2. Argentina Batteries Market Size, By Lithium ion, 2018-2029
7.2.3. Argentina Batteries Market Size, By Nickel metal hybrid, 2018-2029
7.2.4. Argentina Batteries Market Size, By Nickel cadmium, 2018-2029
7.2.5. Argentina Batteries Market Size, By Others, 2018-2029
7.3. Argentina Batteries Market, By Application
7.3.1. Argentina Batteries Market Size, By Automotive Batteries, 2018-2029
7.3.2. Argentina Batteries Market Size, By Industrial Batteries, 2018-2029
7.3.3. Argentina Batteries Market Size, By Portable Batteries, 2018-2029
8. Argentina Batteries Market Opportunity Assessment
8.1. By Type, 2024 to 2029
8.2. By Technology, 2024 to 2029
8.3. By Application, 2024 to 2029
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.1.1. Company Snapshot
9.2.1.2. Company Overview
9.2.1.3. Financial Highlights
9.2.1.4. Geographic Insights
9.2.1.5. Business Segment & Performance
9.2.1.6. Product Portfolio
9.2.1.7. Key Executives
9.2.1.8. Strategic Moves & Developments
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer
Table 1: influencing factors for batteries market, 2023
Table 2: Argentina batteries market size and forecast, by type (2018 to 2029f) (in usd million)
Table 3: Argentina batteries market size and forecast, by technology (2018 to 2029f) (in usd million)
Table 4: Argentina batteries market size and forecast, by application (2018 to 2029f) (in usd million)
Table 5: Argentina batteries market size of primary (2018 to 2029) in usd million
Table 6: Argentina batteries market size of secondary (2018 to 2029) in usd million
Table 7: Argentina batteries market size of lead acid (2018 to 2029) in usd million
Table 8: Argentina batteries market size of lithium ion (2018 to 2029) in usd million
Table 9: Argentina batteries market size of nickel metal hybrid (2018 to 2029) in usd million
Table 10: Argentina batteries market size of nickel cadmium (2018 to 2029) in usd million
Table 11: Argentina batteries market size of others (2018 to 2029) in usd million
Table 12: Argentina batteries market size of automotive batteries (2018 to 2029) in usd million
Table 13: Argentina batteries market size of industrial batteries (2018 to 2029) in usd million
Table 14: Argentina batteries market size of portable batteries (2018 to 2029) in usd million
Figure 1: Argentina batteries market size by value (2018, 2023& 2029f) (in usd million)
Figure 2: market attractiveness index, by type
Figure 3: market attractiveness index, by technology
Figure 4: market attractiveness index, by application
Figure 5: porter's five forces of Argentina batteries market
One individual can access, store, display, or archive the report in Excel format but cannot print, copy, or share it. Use is confidential and internal only. Read More
One individual can access, store, display, or archive the report in PDF format but cannot print, copy, or share it. Use is confidential and internal only. Read More
Up to 10 employees in one region can store, display, duplicate, and archive the report for internal use. Use is confidential and printable. Read More
All employees globally can access, print, copy, and cite data externally (with attribution to Bonafide Research). Read More