NORTH AMERICA BATTERY MARKET FORECAST 2022-2030


TABLE OF CONTENTS

 

1.     RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES

1.2. SCOPE OF STUDY

1.3. METHODOLOGY

1.4. ASSUMPTIONS & LIMITATIONS

2.     EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES

2.2. MARKET OVERVIEW

3.     MARKET DYNAMICS

3.1. KEY DRIVERS

3.1.1. INCREASING POPULARITY OF CONSUMER ELECTRONICS

3.1.2. INCENTIVES FOR EV BATTERY MANUFACTURING

3.1.3. DECLINING PRICES OF BATTERIES

3.1.4. HIGH DEMAND FOR AUTOMOTIVE APPLICATIONS ESPECIALLY FROM ELECTRIC VEHICLES

3.2. KEY RESTRAINTS

3.2.1. SAFETY ISSUES RELATED TO BATTERY USAGE

3.2.2. VOLATILITY IN RAW MATERIAL PRICES

3.2.3. ISSUES RELATED TO BATTERY RECYCLING

4.     KEY ANALYTICS

4.1. IMPACT OF COVID-19 ON BATTERY MARKET

4.2. KEY MARKET TRENDS

4.3. PORTER’S FIVE FORCES ANALYSIS

4.3.1. BUYERS POWER

4.3.2. SUPPLIERS POWER

4.3.3. SUBSTITUTION

4.3.4. NEW ENTRANTS

4.3.5. INDUSTRY RIVALRY

4.4. OPPORTUNITY MATRIX

4.5. VENDOR LANDSCAPE

4.6. KEY BUYING CRITERIA

4.6.1. ENERGY DENSITY

4.6.2. BATTERY MEMORY

4.6.3. LIFETIME

4.6.4. DURABILITY

4.7. VALUE CHAIN ANALYSIS

4.8. LEGAL, POLICY & REGULATORY FRAMEWORK

4.9. BATTERY/RAW MATERIAL PRICE TRENDS AND FORECAST, BY MAJOR TECHNOLOGY TYPE

4.10.               IMPORT AND EXPORT ANALYSIS, BY MAJOR TECHNOLOGY TYPE AND MAJOR COUNTRIES

5.     MARKET BY TYPE

5.1. PRIMARY BATTERY

5.2. SECONDARY BATTERY

6.     MARKET BY TECHNOLOGY

6.1. LEAD-ACID BATTERY

6.2. LITHIUM-ION BATTERY

6.3. NICKEL-CADMIUM BATTERY

6.4. NICKEL METAL HYDRIDE BATTERY

6.5. NICKEL-ZINC (NIZN) BATTERY

6.6. FLOW BATTERY

6.7. SODIUM-SULFUR (NAS) BATTERY

6.8. ZINC-MANGANESE DIOXIDE BATTERY

6.9. SMALL SEALED LEAD-ACID BATTERY

6.10.               OTHER BATTERIES

7.     MARKET BY APPLICATION

7.1. AUTOMOTIVE BATTERIES

7.2. INDUSTRIAL BATTERIES

7.3. PORTABLE BATTERIES

7.4. POWER TOOLS BATTERIES

7.5. SLI BATTERIES

7.6. OTHER APPLICATIONS

8.     GEOGRAPHICAL ANALYSIS

8.1. NORTH AMERICA

8.1.1. MARKET SIZE & ESTIMATES

8.1.2. KEY GROWTH ENABLERS

8.1.3. KEY CHALLENGES

8.1.4. KEY PLAYERS

8.1.5. COUNTRY ANALYSIS

8.1.5.1.        UNITED STATES

8.1.5.2.        CANADA

9.     COMPETITIVE LANDSCAPE

9.1. KEY STRATEGIC DEVELOPMENTS

9.1.1. MERGERS & ACQUISITIONS

9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS

9.1.3. PARTNERSHIPS & AGREEMENTS

9.1.4. BUSINESS EXPANSIONS & DIVESTITURES

9.2. COMPANY PROFILES

9.2.1. A123 SYSTEMS LLC

9.2.2. BYD COMPANY LTD

9.2.3. C&D TECHNOLOGIES INC

9.2.4. CROWN BATTERY MANUFACTURING COMPANY

9.2.5. DURACELL

9.2.6. EAST PENN MANUFACTURING CO

9.2.7. ENERSYS

9.2.8. EVEREADY INDUSTRIES

9.2.9. EXIDE TECHNOLOGIES

9.2.10. GS YUASA INTERNATIONAL LTD

9.2.11. JOHNSONS CONTROLS INC

9.2.12. LG CHEM LTD

9.2.13. MURATA MANUFACTURING CO LTD

9.2.14. NEC CORPORATION

9.2.15. PANASONIC CORPORATION

9.2.16. SAFT GROUPE SA

9.2.17. SAMSUNG SDI CO LTD

9.2.18. SHENZHEN BAK BATTERY CO LTD

9.2.19. TOSHIBA CORPORATION

9.2.20. TROJAN BATTERY COMPANY

 

LIST OF TABLES

 

TABLE 1: MARKET SNAPSHOT - BATTERY

TABLE 2: LEGAL, POLICY & REGULATORY FRAMEWORK

TABLE 3: NORTH AMERICA BATTERY MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 4: NORTH AMERICA BATTERY MARKET, BY TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 5: NORTH AMERICA BATTERY MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 6: NORTH AMERICA BATTERY MARKET, BY TECHNOLOGY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 7: NORTH AMERICA BATTERY MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 8: NORTH AMERICA BATTERY MARKET, BY APPLICATION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 9: NORTH AMERICA BATTERY MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 10: NORTH AMERICA BATTERY MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 11: LEADING PLAYERS OPERATING IN NORTH AMERICA BATTERY MARKET

TABLE 12: LIST OF MERGERS & ACQUISITIONS

TABLE 13: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 14: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 15: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

 

LIST OF FIGURES

 

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: KEY BUYING CRITERIA

FIGURE 6: VALUE CHAIN ANALYSIS

FIGURE 7: NORTH AMERICA BATTERY MARKET, GROWTH POTENTIAL, BY TYPE, IN 2021

FIGURE 8: NORTH AMERICA BATTERY MARKET, BY PRIMARY BATTERY, 2022-2030 (IN $ MILLION)

FIGURE 9: NORTH AMERICA BATTERY MARKET, BY SECONDARY BATTERY, 2022-2030 (IN $ MILLION)

FIGURE 10: NORTH AMERICA BATTERY MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2021

FIGURE 11: NORTH AMERICA BATTERY MARKET, BY LEAD-ACID BATTERY, 2022-2030 (IN $ MILLION)

FIGURE 12: NORTH AMERICA BATTERY MARKET, BY LITHIUM-ION BATTERY, 2022-2030 (IN $ MILLION)

FIGURE 13: NORTH AMERICA BATTERY MARKET, BY NICKEL-CADMIUM BATTERY, 2022-2030 (IN $ MILLION)

FIGURE 14: NORTH AMERICA BATTERY MARKET, BY NICKEL METAL HYDRIDE BATTERY, 2022-2030 (IN $ MILLION)

FIGURE 15: NORTH AMERICA BATTERY MARKET, BY NICKEL-ZINC (NIZN) BATTERY, 2022-2030 (IN $ MILLION)

FIGURE 16: NORTH AMERICA BATTERY MARKET, BY FLOW BATTERY, 2022-2030 (IN $ MILLION)

FIGURE 17: NORTH AMERICA BATTERY MARKET, BY SODIUM-SULFUR (NAS) BATTERY, 2022-2030 (IN $ MILLION)

FIGURE 18: NORTH AMERICA BATTERY MARKET, BY ZINC-MANGANESE DIOXIDE BATTERY, 2022-2030 (IN $ MILLION)

FIGURE 19: NORTH AMERICA BATTERY MARKET, BY SMALL SEALED LEAD-ACID BATTERY, 2022-2030 (IN $ MILLION)

FIGURE 20: NORTH AMERICA BATTERY MARKET, BY OTHER BATTERIES, 2022-2030 (IN $ MILLION)

FIGURE 21: NORTH AMERICA BATTERY MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2021

FIGURE 22: NORTH AMERICA BATTERY MARKET, BY AUTOMOTIVE BATTERIES, 2022-2030 (IN $ MILLION)

FIGURE 23: NORTH AMERICA BATTERY MARKET, BY INDUSTRIAL BATTERIES, 2022-2030 (IN $ MILLION)

FIGURE 24: NORTH AMERICA BATTERY MARKET, BY PORTABLE BATTERIES, 2022-2030 (IN $ MILLION)

FIGURE 25: NORTH AMERICA BATTERY MARKET, BY POWER TOOLS BATTERIES, 2022-2030 (IN $ MILLION)

FIGURE 26: NORTH AMERICA BATTERY MARKET, BY SLI BATTERIES, 2022-2030 (IN $ MILLION)

FIGURE 27: NORTH AMERICA BATTERY MARKET, BY OTHER APPLICATIONS, 2022-2030 (IN $ MILLION)

FIGURE 28: NORTH AMERICA BATTERY MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 29: UNITED STATES BATTERY MARKET, 2022-2030 (IN $ MILLION)

FIGURE 30: CANADA BATTERY MARKET, 2022-2030 (IN $ MILLION)

 

KEY FINDINGS

The North America battery market is estimated to grow with a CAGR of 16.32% during the forecasting years of 2022 to 2030. The region’s market growth is ascribed to the development of the renewable energy industry, the depreciating prices of lithium-ion batteries, the rising sales of consumer electronics, and the increase in the adoption of electric vehicles.

 

Get more Insights into the North America Battery Market:

https://inkwoodresearch.com/reports/north-america-battery-market/

 

MARKET INSIGHTS

The North America battery market growth study entails the analysis of Canada and the United States. In 2021, the United States government announced funding of $209 million for 26 new laboratory research projects pertaining to electric vehicle batteries. It is also taking measures to bolster the domestic supply chain of lithium batteries. The research project concentrates on advanced batteries, connected vehicles, and electric vehicles. Moreover, research and development activities are also being conducted in the United States, especially in the avenue of battery technologies.

On the other hand, researchers at the University of Texas at Austin, funded partially by the United States National Science Foundation, developed a stable sodium-based battery material that can recharge as rapidly as a traditional lithium-ion battery. It also possesses the potential for increased energy output compared to present lithium-ion battery technologies. Hence, these factors are set to play a vital role in fueling the battery market growth in North America over the forecast period.

 

COMPETITIVE INSIGHTS

The top firms operating in the market are A123 Systems LLC, Johnsons Controls Inc, Trojan Battery Company, etc.

 

Our report offerings include:

·       Explore key findings of the overall market

·       Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

·       Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

·       Market Segmentation cater to a thorough assessment of key segments with their market estimations

·       Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

·       Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

·       Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

·       Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

 

SEGMENTATION

1.     A123 SYSTEMS LLC

2.     BYD COMPANY LTD

3.     C&D TECHNOLOGIES INC

4.     CROWN BATTERY MANUFACTURING COMPANY

5.     DURACELL

6.     EAST PENN MANUFACTURING CO

7.     ENERSYS

8.     EVEREADY INDUSTRIES

9.     EXIDE TECHNOLOGIES

10. GS YUASA INTERNATIONAL LTD

11. JOHNSONS CONTROLS INC

12. LG CHEM LTD

13. MURATA MANUFACTURING CO LTD

14. NEC CORPORATION

15. PANASONIC CORPORATION

16. SAFT GROUPE SA

17. SAMSUNG SDI CO LTD

18. SHENZHEN BAK BATTERY CO LTD

19. TOSHIBA CORPORATION

20. TROJAN BATTERY COMPANY

 

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