Rechargeable Battery Industry Rechargeable Battery Industry | Page 2
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.
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.
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