Battery Consumption Market | Forecast 2018-2023
In this report, Planet Market Reports covers the present scenario with the base year being 2017 and the growth prospects of global Battery market for 2018-2023.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
For industry structure analysis, the Battery industry is concentrated. These manufacturers are large multinational corporations. The top ten producers account for about 88% of the revenue market.
The production of Battery increased from 56918 K MT in 2013 to 63641 K MT in 2017 with an average growth rate of 2.25%.
Asia-Pacific occupied 45.20% of the sales market in 2017. It is followed by South America and Europe, which respectively account for around 19.23% and 18.43% of the global total industry. Other countries have a smaller amount of sales.
Over the next five years, Planet Market Reports projects that Battery will register a 4.1% CAGR in terms of revenue, reach US$ 113800 million by 2023, from US$ 89200 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Battery market by product type, application, key manufacturers and key regions.
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To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Alkaline Battery
Acid Battery
Organic Battery
Segmentation by application:
Home Use
Commercial Use
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Johnson Controls
LG Chem
Panasonic
SAMSUNG
GS Yuasa
Exide
EnerSys
East Penn
BYD
ATL
Duracell
Energizer
BAK
Tianjin Lishen
SONY
GP Batteries
Furukawa Battery
AtlasBX
C&D Technologies
Maxell
Nanfu Battery
FUJIFILM
Zhongyin Ningbo Battery
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Battery consumption value & volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Battery market by identifying its various subsegments.
Focuses on the key global Battery manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Battery with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Battery submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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