DUBLIN–(Small business WIRE)–The “Battery Technology – World Current market Trajectory & Analytics” report has been extra to ResearchAndMarkets.com’s providing.
Amid the COVID-19 disaster, the world-wide sector for Battery Technologies approximated at US$ 89.3 Billion in the yr 2020, is projected to reach a revised measurement of US$ 165.5 Billion by 2027, expanding at a CAGR of 9.2% about the assessment interval 2020-2027.
Lithium-Ion, just one of the segments analyzed in the report, is projected to report a 9.7% CAGR and arrive at US$ 73.6 Billion by the finish of the assessment period of time. Following an early evaluation of the business implications of the pandemic and its induced financial disaster, development in the Lead Acid section is readjusted to a revised 9% CAGR for the next 7-yr time period.
The U.S. Marketplace is Estimated at $26.5 Billion, When China is Forecast to Grow at 8.6% CAGR
The Battery Technology industry in the U.S. is approximated at US$ 26.5 Billion in the 12 months 2020. China, the world`s second most significant economy, is forecast to access a projected sector sizing of US$ 28.6 Billion by the yr 2027 trailing a CAGR of 8.6% more than the assessment interval 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to improve at 8.5% and 7.5% respectively around the 2020-2027 period. Inside Europe, Germany is forecast to increase at about 7.5% CAGR.
Nickel Metal Hydride Segment to File 8.8% CAGR
In the world-wide Nickel Metallic Hydride phase, Usa, Canada, Japan, China and Europe will push the 8.9% CAGR approximated for this phase. These regional marketplaces accounting for a combined market place sizing of US$ 13.6 Billion in the yr 2020 will attain a projected dimensions of US$ 24.7 Billion by the close of the assessment period of time. China will remain amongst the speediest growing in this cluster of regional marketplaces. Led by countries this sort of as Australia, India, and South Korea, the sector in Asia-Pacific is forecast to reach US$ 19.1 Billion by the year 2027.
Find Competitors (Overall 34 Showcased):
- Bak Group
- BYD Business
- Chaowei Electrical power
- Up to date Amperex Engineering Co. Limited
- East Penn Production
- Energizer Holdings
- Exide Industries
Vital Matters Protected:
II. Government SUMMARY
1. Marketplace OVERVIEW
- Influencer Market Insights
- Environment Current market Trajectories
- Affect of Covid-19 and a Looming Global Economic downturn
- Global Competitor Marketplace Shares
- Battery Technological innovation Competitor Market Share State of affairs Throughout the world (in %): E
- International Competitor Market place Shares by Segment
2. Concentration ON Pick out Players
3. Market Tendencies & Motorists
4. World-wide Market place Standpoint
III. Current market Investigation
IV. Levels of competition
- Overall Companies Profiled: 34
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