Global battery market is expected to grow from USD 14.08 billion in 2016 to USD 17.25 billion by 2021, at a CAGR of 4.15% from 2016 to 2021. A battery consists of one or multiple cells which facilitates the conversion of chemical energy into electricity. Batteries are used to supply primary power or act as back-up power supply in transport, industrial, or commercial applications. With the demand in the global transportation market increasing, the market for batteries is also projected to grow. Rising number of electrical circuits and devices in the transportation industry is one of the major factors driving this growth. The base year considered for the study is 2015, and the forecast has been provided for the period between 2016 and 2021.
Target Audience Of Global Battery Market • Battery Manufacturers • Battery component suppliers and distributors • Electric vehicle manufacturers • Hybrid electric vehicle manufacturers • Automotive Manufacturers • Airplane Manufacturers
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Scope Of The Report: Automotive Battery Market by Type • Lead Acid • Nickel–Metal Hydride (NI-MH) • Lithium Ion (Li-Ion) Global Aerospace Battery Market, By Application: • Piston Engine • Turboprops • Business Jets
Key players of Global Battery Market • Johnson Controls Inc. (U.S.) • Exide Technologies (U.S.) • GS Yuasa (Japan) • Robert Bosch GmbH (Germany) • Saft Groupe S.A. (France)
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Booming two wheeler market in asia oceania. Asia oceania is the largest market for two wheelers owing to high preference for such vehicles as a mode of transport. Asia includes india and china, two countries with world's largest populations where there is a high demand for two wheelers. Even low income countries like indonesia have a huge market for two wheelers. The report covers the global battery market, in terms of volume ('000 units) and value (USD million). It explains the qualitative and quantitative aspects of the global battery market based on region, application, and battery type from 2015 to 2021.
Browse 123 market data tables and 62 figures spread through 177 pages and in-depth TOC on "global battery market"
This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
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