Market Overview:
The global rechargeable battery market reached a value of US$ 101.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 155.5 Billion by 2027, exhibiting at a CAGR of 7.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemicon different end use industries. These insights are included in the report as a major market contributor.
A rechargeable battery, also known as a secondary cell, accumulator or storage battery, refers to an electrochemical device that converts chemical energy into electrical energy. These batteries consist of an electrolyte, anode and cathode which produce a current through an electrochemical reaction. They are available in a variety of shapes and sizes ranging from button-sized cells to industrial megawatt systems. Rechargeable batteries have gained immense popularity as they are an ecological and sustainable replacement of non-rechargeable batteries, and provide long-term cost-benefits and enhanced durability. As consumers have been adopting portable devices, such as mobile phones, laptops, cordless power tools and MP3 players, the need for rechargeable batteries has grown substantially over the years.
Nowadays, consumers prefer to use rechargeable batteries as they are more energy efficient, produce less waste and can be charged with a simple battery charger. Besides this, the ongoing innovations in the field of material sciences have enabled manufacturers to improve the performance of lithium-ion batteries which has increased their demand across the globe. For instance, there has been a rise in the usage of advanced lithium-air and -copper batteries in hybrid electric vehicles. Moreover, researchers are developing a new rechargeable battery technology, known as flow battery, that can double the power output, as compared to conventional batteries, without taking up additional space. This technology has the capability to extend the range of electric vehicles as well as the time between cell phone charges.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global rechargeable battery market, along with forecasts at the global and regional from 2022-2027. Our report has categorized the market based on battery type, capacity and application.
Breakup by Battery Type:
- Lead-Acid Batteries
- Li-ion Batteries
- NiMH Batteries
- NiCd Batteries
- Others
Breakup by Capacity:
- 150 - 1000 mAh
- 1300 - 2700 mAh
- 3000 - 4000 mAh
- 4000 - 6000 mAh
- 6000 - 10000 mAh
- More than 10000 mAh
Breakup by Application:
- Consumer Electronics
- Industrial Applications
- Automobile Applications
- Defence
- Others
Breakup by Region:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being East Penn Manufacturing, EnerSysl, Exide Technologies, Johnson Controls, LG Chem, Saft, SAMSUNG SDI, Panasonic Corporation, Apple Inc., STMicroelectronics N.V., Enfucell Oy, Ultralife Corporation, Cryopak, Blue Spark Technology, NEC Energy Solutions Inc., etc.
IMARC Group’s latest report provides a deep insight into the global rechargeable battery market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global rechargeable battery market in any manner.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Battery Type, Capacity, Application, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Companies Covered |
East Penn Manufacturing, EnerSysl, Exide Technologies, Johnson Controls, LG Chem, Saft, SAMSUNG SDI, Panasonic Corporation, Apple Inc., STMicroelectronics N.V., Enfucell Oy, Ultralife Corporation, Cryopak, Blue Spark Technology and NEC Energy Solutions Inc. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global rechargeable battery market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global rechargeable battery industry?
- What has been the impact of COVID-19 on the global rechargeable battery industry?
- What is the breakup of the market based on the battery type?
- What is the breakup of the market based on the capacity?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the global rechargeable battery industry?
- What are the key driving factors and challenges in the global rechargeable battery industry?
- What is the structure of the global rechargeable battery industry and who are the key players?
- What is the degree of competition in the global rechargeable battery industry?
- What are the profit margins in the global rechargeable battery industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Rechargeable Battery Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Battery Type
5.5 Market Breakup by Capacity
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
6 Market Breakup by Battery Type
6.1 Lead-Acid Batteries
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Li-ion Batteries
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 NiMH Batteries
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 NiCd Batteries
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Capacity
7.1 150 - 1000 mAh
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 1300 - 2700 mAh
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 3000 - 4000 mAh
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 4000 - 6000 mAh
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 6000 - 10000 mAh
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 More than 10000 mAh
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Application
8.1 Consumer Electronics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Industrial Applications
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Automobile Applications
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Defence
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 Asia Pacific
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 North America
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Europe
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 East Penn Manufacturing
14.3.2 EnerSysl
14.3.3 Exide Technologies
14.3.4 Johnson Controls
14.3.5 LG Chem
14.3.6 Saft
14.3.7 Samsung SDI
14.3.8 Panasonic Corporation
14.3.9 Apple Inc.
14.3.10 STMicroelectronics N.V.
14.3.11 Enfucell Oy
14.3.12 Ultralife Corporation
14.3.13 Cryopak
14.3.14 Blue Spark Technology
14.3.15 NEC Energy Solutions Inc.
List of Figures
Figure 1: Global: Rechargeable Battery Market: Major Drivers and Challenges
Figure 2: Global: Rechargeable Battery Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Rechargeable Battery Market: Breakup by Battery Type (in %), 2021
Figure 4: Global: Rechargeable Battery Market: Breakup by Capacity (in %), 2021
Figure 5: Global: Rechargeable Battery Market: Breakup by Application (in %), 2021
Figure 6: Global: Rechargeable Battery Market: Breakup by Region (in %), 2021
Figure 7: Global: Rechargeable Battery Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 8: Global: Rechargeable Battery Industry: SWOT Analysis
Figure 9: Global: Rechargeable Battery Industry: Value Chain Analysis
Figure 10: Global: Rechargeable Battery Industry: Porter’s Five Forces Analysis
Figure 11: Global: Rechargeable Battery (Lead-Acid Batteries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Rechargeable Battery (Lead-Acid Batteries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Rechargeable Battery (Li-ion Batteries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Rechargeable Battery (Li-ion Batteries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Rechargeable Battery (NiMH Batteries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Rechargeable Battery (NiMH Batteries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Rechargeable Battery (NiCd Batteries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Rechargeable Battery (NiCd Batteries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Rechargeable Battery (Other Battery Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Rechargeable Battery (Other Battery Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Rechargeable Battery (150 - 1000 mAh) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Rechargeable Battery (150 - 1000 mAh) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Rechargeable Battery (1300 - 2700 mAh) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Rechargeable Battery (1300 - 2700 mAh) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Rechargeable Battery (3000 - 4000 mAh) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Rechargeable Battery (3000 - 4000 mAh) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Rechargeable Battery (4000 - 6000 mAh) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Rechargeable Battery (4000 - 6000 mAh) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Rechargeable Battery (6000 - 10000 mAh) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Rechargeable Battery (6000 - 10000 mAh) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Rechargeable Battery (More than 10000 mAh) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Rechargeable Battery (More than 10000 mAh) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Rechargeable Battery (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Rechargeable Battery (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Rechargeable Battery (Industrial Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Rechargeable Battery (Industrial Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Rechargeable Battery (Automobile Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Rechargeable Battery (Automobile Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Rechargeable Battery (Defence) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Rechargeable Battery (Defence) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Rechargeable Battery (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Rechargeable Battery (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Asia Pacific: Rechargeable Battery Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Asia Pacific: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: North America: Rechargeable Battery Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: North America: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Europe: Rechargeable Battery Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Europe: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Middle East and Africa: Rechargeable Battery Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Middle East and Africa: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Latin America: Rechargeable Battery Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Latin America: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2022-2027
List of Tables
Table 1: Global: Rechargeable Battery Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Rechargeable Battery Market Forecast: Breakup by Battery Type (in Million US$), 2022-2027
Table 3: Global: Rechargeable Battery Market Forecast: Breakup by Capacity (in Million US$), 2022-2027
Table 4: Global: Rechargeable Battery Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Rechargeable Battery Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Rechargeable Battery Market Structure
Table 7: Global: Rechargeable Battery Market: Key Players