Global Rechargeable Battery Market – Opportunities & Forecast, 2018-2025


Posted May 15, 2020 by arif12

Global Rechargeable Battery Market by Battery Type (Lead-acid, NiCD, NiMH, Li-ion and Poly Lithium);

 
A rechargeable battery is an electrical battery that can be charged, as opposed to disposable batteries, which are rejected after use. A rechargeable battery is recharged by putting its terminals on a DC current; they are generally better alternatives as opposed to disposable batteries, as they are cost-efficient in the long term. Different types of rechargeable batteries are available in the market, including Lead-acid batteries, NiCD batteries, NiMH batteries, Li-ion batteries and Poly Lithium batteries. Rechargeable batteries are widely used across industries, namely automobile and telecom.

The markets for rechargeable batteries have been gaining impetus due to mounting demand from the automotive industry, consumer durables, and electronic industry, among others. In addition, rapid growth in automotive industry and large-scale availability of different battery sizes and specifications is supporting the growth of the rechargeable battery during the forecast period.. The demand has also been boosted due to an increased use of portable electronic devices like laptops, UPS, Power banks among others; however, the primary deterrent during the forecast period, has been its high cost along with the availability of various substitutes, which often turn out to be fake and thereby short-lived.

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The key players operating in the market include Battery Technology Inc., Beckett Energy systems, BYD Company Ltd. , Duracell Inc. , Eagle Picher Technologies, LLC, energizer Holdings, Inc. , E-One Moli Energy Corp., Eveready Industry India Ltd., FDK Corporation, GPB International Limited among others.

The global rechargeable battery market has been segmented based on the battery type, material, application and industry. Based on the battery type, a product comprises of Lead-acid, NiCD, NiMH, Li-ion, poly lithium-Ion battery. This report provides an in-depth global market analysis of rechargeable batteries based on battery type, material, application and industry within the period from 2018 to 2025. The report highlights some major drivers of growth as well as highlights challenges faced by the participants in the market. Moreover, the research report lends insight into the market size, based on which it forecasts the global trend ahead, analysing minutely the competitive landscape, the major players and their strategies as on 2018.

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Key questions answered in this research report:
1- At what pace is global rechargeable battery market growing? What will be growth trend in future?
2- What are the key drivers and challenges in the current market? What will be the impact of drivers and challenges in the future?
3- What are the regional revenue and forecasts? Which are the major regional revenue pockets for growth in the global rechargeable market?
4- What are the various application areas and how they are poised to grow?

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Issued By Sarah Nash
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Categories Blockchain
Tags global rechargeable battery market , gmiresearch , rechargeable battery
Last Updated May 15, 2020