Market Updates Rechargeable Battery Market Top Manufacturers, | Page 2

Rechargeable battery market is anticipated to expand at a significant CAGR of 8.32% in the upcoming period as the
scope, product types, and its applications are increasing across the globe. The declining Li-on battery prices is an
emerging trend in the market. Due to the decrease in the demand for other batteries, the Li-ion battery market is
observing fast-paced development. The main difference between Li-ion batteries and other battery technology such
as fuel cell batteries is the pricing.
Market could be explored by type, capacity, application, and geography. Market could be explored by type as Lead-
acid battery and Lithium-ion (LiOn) and Others. The “Lead-acid battery” segment led the rechargeable battery market
in 2017 and will continue to lead in the forecast period. The key factor that may be attributed to the growth of the
market includes an increase in demand.
Based on capacity, market could span 150 - 1000 mAh, 1300 - 2700 mAh, 3000 - 4000 mAh, 4000 - 6000 mAh, 6000 -
10000 mAh and More than 10000 mAh. The key applications that could be explored in the rechargeable battery market
include Laptops, Consumer Devices, Mobiles, Speakers, Music Players, Digital Camera, Power Banks (Portable charger)
and Others. Automobile (Two wheelers and Four wheelers).
APAC accounted for the major share of the market in 2017 and will continue to lead in the forecast period. The factors
that could be attributed to the growth include rapid growth rate and hold moderately large market share, and growing
usage and manufacturing of consumer devices such as digital camera, smartphones, speakers, notepads, laptops, etc.
in China, and Asia-Pacific region. Asia-Pacific is followed by European and North American region.
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Some of the key players that fuel the growth of the rechargeable battery market comprise Energizer, Duracell Inc.,
Godrej.com, SONY CORPORATION OF AMERICA, SPECTRUM BRANDS, INC., MikroElektronika d.o.o., Optimum Nano
Energy Co., Ltd, GPB International Limited, BREN-TRONICS, INC., Camelion Batteries GmbH, Panasonic Corporation,
SAMSUNG, Illinois Capacitor, and Fedco Batteries, etc. The leading companies are taking up partnerships, mergers and
acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Market Segment:
The major manufacturers covered in this report
• Battery Technology, Inc.
• Beckett Energy Systems
• BYD Company Limited