Global battery demand is forecast to rise 7.7 percent per year to $120 billion in 2019. China will remain the largest national market as well as one of the fastest growing. Secondary batteries will outpace primary types. Rechargeable lithium-ion batteries will be the fastest growing products.This study analyzes the $83 billion world battery industry. It presents historical supply and demand data (2004, 2009 and 2014) and forecasts (2019 and 2024) by type (primary, secondary) and market (e.g., consumer, automotive, industrial) for six world regions and 16 countries, with supply and demand data for an additional 18 countries.The study also considers market environment factors, reviews battery technology, evaluates company market share and profiles 39 industry participants, including Johnson Controls, Panasonic, and Exide Technologies.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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