United States Rechargeable Battery Market

Market Overview:

The United States rechargeable battery market is currently witnessing strong growth. Rechargeable batteries, also known as accumulators and secondary cells, are electrochemical devices that comprise electrolytes, anodes and cathodes to convert chemical energy into electrical energy. These batteries are cost-efficient, durable and considered an ecological and sustainable replacement of non-rechargeable batteries. They are available in diversified shapes and sizes, ranging from button-sized cells to industrial megawatt systems. Consequently, they find extensive applications in mobile phones, laptops, cordless power tools and MP3 players in the United States.

With the increasing environmental concerns and inflating petroleum and diesel prices, the demand for electric vehicles (EVs) is escalating. This represents one of the key factors contributing to the rechargeable battery market growth in the United States. Apart from this, the rising emphasis on renewable energy sources for generating electricity is resulting in the increasing adoption of grid energy storage. This is positively influencing the demand for lithium-ion batteries as they are compact and lightweight, and offer low self-discharge rates and high efficiency. Furthermore, the key players are focusing on developing flow batteries that can double the power output without taking additional space. These technological advancements are anticipated to drive the market in the coming years. Looking forward, IMARC Group expects the market to exhibit moderate growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States rechargeable battery market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, battery type, capacity and application.

Market Breakup by Battery Type:

• Lead-Acid Batteries
• Li-ion Batteries
• NiMH Batteries
• NiCd Batteries
• Others
   

Market Breakup by Capacity:

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

Market Breakup by Application:

• Consumer Electronics
• Industrial Applications
• Automobile Applications
• Defence
• Others
   

Breakup by Region:

• Northeast
• Midwest
• South
• West
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

• How has the United States rechargeable battery market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the United States rechargeable battery market?
• What are the key regional markets?
• 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 industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the United States rechargeable battery market and who are the key players?
• What is the degree of competition in the industry?