Secondary Battery Market Scope And Analysis

Report Code : TIPRE00014996
Category : Electronics and Semiconductor

No. of Pages : 150

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Secondary Battery Market Scope, Analysis, and Trends by 2027

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Secondary Battery Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 66.32 Billion
Market Size by 2031	US$ 134.10 Billion
Global CAGR (2023 - 2031)	9.2%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Technology Lead-acid Secondary Battery Lithium-ion Secondary Battery Other Technologies By Application Automotive Industrial Portable Batteries Medical Device Forklift Other Applications
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Amperex Technology Limited BYD Company Ltd Duracell Inc EnerSys Contemporary Amperex Technology Co Limited Panasonic Corporation SaftGroupe SA Samsung SDI Co Ltd GS Yuasa International Ltd LG Chem

Secondary Battery Market News and Recent Developments

The secondary battery market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:

In April 2024, BYD, a Chinese car manufacturer, is set to introduce its second-generation 'blade' battery pack in August 2024. This new battery technology is expected to have enough range to drive an electric car from Sydney to Melbourne on a single charge. The second-generation blade battery pack will be based on BYD's proprietary lithium-ion phosphate (LFP) battery technology. It is worth noting that this technology will surpass the introduction of solid-state batteries with a similar claimed range by Toyota, which is currently planned for 2026 at the earliest.

(Source: BYD, Press Release, 2024)

Secondary Battery Market Report Coverage and Deliverables

The "Secondary Battery Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Market dynamics such as drivers, restraints, and key opportunities
Key future trends
Detailed PEST/Porter's Five Forces and SWOT analysis
Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
Detailed company profiles