Global Battery Components Market, By Component Type (Anode, Cathode, Electrolyte, and Others), By Ba

Published Date: May 2019 | Report Code : EQ1932419

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Global Battery Components Market, By Component Type (Anode, Cathode, Electrolyte, and Others), By Battery Type (Primary and Secondary), and By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World) – Market Size & Forecasting (2016-2028)

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Domain : Equipment

Report Code : EQ1932419

Status : Published May 2019

The Global Battery Components Market is projected to reach USD 236.39 billion by 2028 at a CAGR of 16.3% during the forecast period. A battery is a device that stores electrical energy in the form of chemical energy and converts it into electricity. There are several kinds of batteries. However, they work under the same underlying concept and possess the same three main components, namely, anode, cathode, and electrolyte. For the discharge of electricity, anode releases electrons to the negative terminal and ions in the electrolyte through the oxidation reaction. The positive terminal accepts the electrons and completes the circuit for the flow of electrons. The electrolyte acts as a medium for the electrons to travel and provide for contact between the two.

Global Battery Components Market

There are mainly two types of batteries, namely, primary and secondary. Primary batteries are for single-use and cannot be recharged while secondary batteries can be recharged. The most common type of secondary battery is the lithium-ion battery, which is used in a wide range of electronic items such as mobile phones, toys, etc. Battery components for lithium-ion batteries hold the highest share in the market due to its use in mobile phones throughout the world. The mobile phone industry is growing at a high rate with new technologies being researched to make long-lasting lithium-ion batteries. Moreover, lithium-ion battery, under the secondary battery type segment is expected to witness the highest growth during the forecasting period due to the increasing popularity of electric vehicles, which use lithium-ion batteries to generate electric energy that is converted into mechanical energy to power the engine.

Global Battery Components Market

The Asia Pacific region is expected to account for the largest market share. This can be attributed to the presence of a vast number of battery manufacturers in the region due to the easy availability of raw materials and a huge market for batteries in the region.

Key Factors Impacting Market Growth:

  • The high growth of the mobile industry
  • The growing popularity of electric vehicles
  • Increasing the use of portable devices such as speakers, laptops, etc.
  • Investments in research and development to make lasting batteries

Key Developments:

  • In July 2017, SII Semiconductor Corporation, a subsidiary of Seiko Instruments Incorporated, introduced S-8223A/B/C/D series integrated circuits for the protection of lithium-ion secondary batteries.
  • In November 2017, Samsung Advanced Institute of Technology (SAIT) developed a battery material called graphene ball, which enables a 45% increase in capacity and charges 5 times faster than conventional lithium-ion batteries.
  • In January 2018, Contemporary Amperex Technology Co Ltd (CATL) announced to invest USD 2 billion in Shenzhen, to build two battery plants, including a giant 24 GWh facility, which will boost its output. 

What This Study Provides:

  • Global market and submarket forecast covering the period of 2016 to 2028, with accompanying analysis
  • Regional market and submarket forecast covering the period of 2016 to 2028, with accompanying analysis
  • National market and submarket forecast covering the period of 2016 to 2028, with accompanying analysis
  • Extensive details and analysis of contracts, projects, and program
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • Analysis of game changing technological trends and how these will shape the industry
  • Explanation or political, regulatory and technical factors to consider
  • Barriers to entry analysis for markets around the world
  • Profiles of leading companies operating within the sector with market share analysis
  • SWOT analysis of the market, together with the opportunities available and the key threats faced
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • Market conclusions & recommendations

Market Segmentation:

By Component Type:

  • Anode
  • Cathode
  • Electrolyte
  • Others

By Battery Type:

  • Primary
    • Alkaline
    • Others
  • Secondary
    • Lithium-Ion
    • Lead Acid
    • Nickel Metal Hydride
    • Nickel Cadmium
    • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Component Type
    • By Battery Type
  • Western Europe
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Component Type
    • By Battery Type
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Component Type
    • By Battery Type
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Component Type
    • By Battery Type
  • Middle East
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Component Type
    • By Battery Type
  • Rest of the World
    • By Region (Latin America, Brazil, Rest of the World)
    • By Component Type
    • By Battery Type

Companies Covered: Enersys, BYD Co. Ltd., Lishen Battery, East Penn Manufacturing, Exide Industries, FIAMM, LG Chem Ltd., and Sanyo-Panasonic… 

Years Considered In The Study

 

Historic Year

2016, 2017

Base Year

2018

Forecast Period

2019-2028 

CAGR %(2019-2028)

16.3

Key Questions Answered By This Report:

  • How is the battery components market evolving?
  • What is driving and restraining battery components dynamics?
  • How will each battery component submarket segment grow over the forecast period and how much Sales will these submarkets account for in 2028?
  • How will market shares of each battery components submarket develop from 2019-2028?
  • Which battery components submarket will be the main driver of the overall market from 2019-2028?
  • How will political and regulatory factors influence regional battery components markets and submarkets?
  • Will leading national battery components broadly follow macroeconomic dynamics, or will individual country sectors outperform the rest of the economy?
  • How will market shares of the national markets change by 2028 and which nation will lead the market in 2028?
  • Who are the leading players and what are their prospects over the forecast period?
  • How will the sector evolve as alliances form during the period between 2019 and 2028?

Reasons to Buy This Report:

  • Market size estimation of the global battery components market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: [email protected]

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