Global Batteries Market, 2020-2026

Global Batteries Market, 2020-2026

Bonafide Trust 23-11-2020 33 Pages
Region : Global Category : Energy & Utility Power storage & Backup

The Global Batteries Market is expected to grow by US$ 78.62 billion during 2020-2026, progressing at a CAGR of 9.9% during the forecast period. Asia Pacific is the most significant revenue contributor in the global batteries market, accounting for 68.1% of the market in 2019. The region is expected to witness significant developments in the batteries market. This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, applications, and regions. The global market data on batteries can be segmented by product: alkaline, lead-acid, lithium, lithium-ion, other primary batteries, other secondary batteries, and zinc-carbon. The lead-acid lithium-ion segment held the largest market share of 45.7% in 2019. However, the lithium-ion segment is expected to witness the highest CAGR during the forecast period. Batteries market is further segmented by applications: automotive, consumer, and others. In 2019, the automotive segment held the largest share of the market and is anticipated to register the highest CAGR during 2020–2026. The study provides historical market data (2016-2019) and forecasts from 2020 till 2026. The market size and estimations are provided in terms of revenue (million USD) considering 2019 as base year and market forecast will be given from 2020 to 2026. The data-centric report focuses on market trends, status and outlook for segments, and future growth. With comprehensive market assessment across the major geographies such as Asia Pacific, Eastern Europe, Middle East and Africa (MEA), North America, South America, and Western Europe the report is a valuable asset for the existing players, new entrants and the future investors. Why buy this report? - Get a detailed picture of the Global Batteries Market - Identify segments/areas to invest in over the forecast period in the Global Batteries Market - Understand the competitive environment, the market’s leading players

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