Pune, India, December 16, 2016 /MRFR Press Release/- Market research future published a raw research report on Batteries Market. The global Batteries Market is expected to grow at a CAGR of about 6% during the forecast period, 2017 to 2022.
Market Highlights
Batteries provide the electric energy to automobiles for starting, lighting and ignition. Rising the demand of hybrid, semi-hybrid and fully electric vehicles will drive the global battery market. Also adoption rate of these batteries in passenger vehicle is increasing which will drive this market. However, safety issues related to battery usage may hamper the growth of global battery market and it is expected to register a significant growth of 4% in the next five years.
North America region is a major shareholder of the Global Batteries market. Asia-Pacific region is expected to grow at good pace during the forecast period.
Browse In-depth Detailed Research Report [Table of Content, List of Figures, List of Tables] of Batteries Market Trends
Scope of the report
This study provides an overview of the Batteries System industry, tracking market segments across the categorized five geographic regions. The report provides a six-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The scope of the study segments the Batteries System market based on Battery Type, and Application.
Key Players
The leading players in the Batteries System markets are Exide Technologies, Douglas Battery, East Penn Manufacturing Co., Johnson Controls Inc., The Furukawa Battery Co. ltd, Zhejiang Haijiu Battery Co. Ltd, Chaowei Power Holding ltd, Camel Group and Fengfan Co. Ltd.
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Report details
| Companies Covered | 15 |
| Pages | 185 |
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