June 12, 2024

Rechargeable Batteries Market To Gain USD 195.55 Billion by 2032

The global rechargeable batteries market size was valued at USD 110.44 billion in 2022 and is projected to reach USD 195.55 billion by 2032, growing at a CAGR of 5.88% from 2023 to 2032, According to Precedence Research.

Rechargeable Batteries Market Size 2023 To 2032

Key Takeaways:

  • Asia Pacific captured the largest market share in 2022 and is expected to expand at the fastest CAGR from 2023 to 2032.
  • By Battery Type, the lead-acid segment is predicted to register the largest market share from 2023 to 2032.
  • By Battery Type, the lithium-ion segment holds a significant market share and is expected to grow at a remarkable CAGR from 2023 to 2032.
  • By Application, the automotive segment led the market in 2022 and is predicted to hold the largest share of the market from 2023 to 2032.
  • By Capacity, the 600-1000 mAh battery capacity segment is expected to hold the largest share of the market between 2023 and 2032.

The global rechargeable batteries market boons an in-depth synopsis of the competitive landscape of the market globally, thus helping establishments understand the primary threats and prospects that players/vendors in the market are dealt with. It also incorporates thorough business profiles of some of the prime vendors in the market.

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Rechargeable Batteries Market Report Scope 

Report Coverage Details
Market Size in 2023 USD 116.93 Billion
Market Size by 2032 USD 195.55 Billion
Growth Rate from 2023 to 2032 CAGR of 5.88%
Largest Market Asia Pacific
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Battery Type, By Application, and By Capacity

Also read: Turboprop Engine Market Size To Rake USD 1.86 Bn By 2032

The main objective of this report is to define, describe, and forecast the global rechargeable batteries market by types, application, manufacturers, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report aims to strategically analyse the micro markets with respect to individual growth trends, prospects, and contributions to the global rechargeable batteries market. The report also attempts to forecast the market size of the 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyses their core competencies. It also tracks and analyses competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in market.

Major highlights of Report:

  • Figures related to sales volume, market remuneration, and segmental shares
  • Featuring market dynamics
  • Growth prospects and expansion graph
  • PROCON study of direct & indirect sales channels
  • Profiles of prominent traders, dealer, and distributors in the industry

Geographical landscape:

  • North America, Europe, Asia-Pacific, South America, Middle East and Africa
  • Industry forecasts based on region and at country level
  • Data about sales volume recorded, industry share held, and profit margins amassed
  • Overall remuneration and estimated growth rate for each regional market

Benefits of this market

  • This study analyses the market size and share for rechargeable batteries along with the present trends in the industry and forecasts for the future, showing investment opportunities for the future.
  • In order to compare the financial capabilities of the rechargeable batteries market in the present, a quantitative analysis is done of the market from 2023 to 2032.
  • It is clear from this brilliant presentation of Porter’s Five Forces that buyers and suppliers have a lot of potential to gain from one another.
  • It is important to understand the most profitable trends in the rechargeable batteries market in order to gain an advantage in the market.
  • A comprehensive analysis of the driving factors, limitations, and opportunities is provided in the report, along with an in-depth analysis of the effect they have on the market.
  • The report also includes the market share for rechargeable batteries for several significant vendors as well as the latest developments in the market.

Leading players of the global rechargeable batteries market are analysed taking into account their market share, recent developments, new product launches, partnerships, mergers or acquisitions, and markets served. Precedence Research provide an exhaustive analysis of their product portfolios to explore the products and applications they concentrate on when operating in the global rechargeable batteries market. Furthermore, the report offers two separate market forecasts – one for the production side and another for the consumption side of the global rechargeable batteries market. It also provides useful recommendations for new as well as established players of the global rechargeable batteries market.

The major players in the market

  • GPB International Limited
  • SAMSUNG
  • Godrej.com
  • Camelion Batterien GmbH
  • Fedco Batteries
  • Illinois Capacitor
  • Sony Corporation of America
  • Spectrum Brands, INC
  • Energizer
  • Optimum Nano Energy Co. Ltd
  • Panasonic Corporation

Rechargeable Batteries Market Segmentations:

By Battery Type

  • Lead-acid Batteries
  • Li-on Batteries
  • NiMH Batteries
  • NiCd Batteries
  • Others

By Application

  • Consumer Electronics
  • Industrial
  • Automobile
  • Defense
  • Others

By Capacity

  • 150-1000 mAh
  • 1300-2700 mAh
  • 3000-4000 mAh
  • 4000-6000 mAh
  • 6000-10000 mAh
  • More than 10000 mAh

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Rechargeable Batteries Market 

5.1. COVID-19 Landscape: Rechargeable Batteries Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Rechargeable Batteries Market, By Battery Type

8.1. Rechargeable Batteries Market Revenue and Volume, by Battery Type, 2023-2032

8.1.1 Lead-acid Batteries

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Li-on Batteries

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

8.1.3. NiMH Batteries

8.1.3.1. Market Revenue and Volume Forecast (2020-2032)

8.1.4. NiCd Batteries

8.1.4.1. Market Revenue and Volume Forecast (2020-2032)

8.1.5. Others

8.1.5.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global Rechargeable Batteries Market, By Application

9.1. Rechargeable Batteries Market Revenue and Volume, by Application, 2023-2032

9.1.1. Consumer Electronics

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. Industrial

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

9.1.3. Automobile

9.1.3.1. Market Revenue and Volume Forecast (2020-2032)

9.1.4. Defense

9.1.4.1. Market Revenue and Volume Forecast (2020-2032)

9.1.5. Others

9.1.5.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global Rechargeable Batteries Market, By Capacity 

10.1. Rechargeable Batteries Market Revenue and Volume, by Capacity, 2023-2032

10.1.1. 150-1000 mAh

10.1.1.1. Market Revenue and Volume Forecast (2020-2032)

10.1.2. 1300-2700 mAh

10.1.2.1. Market Revenue and Volume Forecast (2020-2032)

10.1.3. 3000-4000 mAh

10.1.3.1. Market Revenue and Volume Forecast (2020-2032)

10.1.4. 4000-6000 mAh

10.1.4.1. Market Revenue and Volume Forecast (2020-2032)

10.1.5. 6000-10000 mAh

10.1.5.1. Market Revenue and Volume Forecast (2020-2032)

10.1.6. More than 10000 mAh

10.1.6.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 11. Global Rechargeable Batteries Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.1.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.1.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.4.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.1.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.5.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.2.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.2.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.4.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.2.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.5.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.2.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.6.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.2.7.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.7.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.3.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.3.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.4.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.3.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.5.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.3.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.6.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.3.7.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.7.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.4.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.4.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.4.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.5.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.4.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.6.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.4.7.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.7.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.5.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.4.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Battery Type (2020-2032)

11.5.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.5.3. Market Revenue and Volume Forecast, by Capacity (2020-2032)

Chapter 12. Company Profiles

12.1. GPB International Limited

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. SAMSUNG

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Godrej.com

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Camelion Batterien GmbH

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Fedco Batteries

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Illinois Capacitor

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Sony Corporation of America

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Spectrum Brands, INC

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Energizer

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Optimum Nano Energy Co. Ltd

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Key inquiries addressed in the report:

  • Investigate the COVID 19 outbreak’s effects.
  • Our researchers give precise responses, pinpoint significant chances and fresh investments, and suggest excellent market strategy avenues.

About Us

Precedence Research is a Canada/India based company and one of the leading providers of strategic market insights. We offer executive-level blueprints of markets and solutions beyond flagship surveys. Our repository covers consultation, syndicated market studies, and customized research reports. Through our services we aim at connecting an organization’s goal with lucrative prospects globally.

From gauging investment feasibility to uncovering hidden growth opportunities, our market studies cover in-depth analysis, which also is interspersed with relevant statistics. Recommendation are often enclosed within our reports with the sole intent of enabling organizations achieve mission-critical success.

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