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Batteries Market expected to post a growth rate of 15.34% CAGR between 2024 and 2030

Report Details:
15 Companies Covered
185 Pages

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 15.34% during the forecast period, 2024 to 2030.


Batteries 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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