Market By Battery Type, Application And Geography | Forecast 2019-2027
After in-depth research conducted by Triton Market Research, the finding shows that the North America battery market will grow progressively at a CAGR of 4.51% in terms of revenue for the forecast period of 2019-2027.
The countries scrutinized in the North American battery market are:
• The United States
• Canada
The United States battery market’s growth is primarily driven by several key drivers, including the rising year-over-year automobile sales and substantial adoption of EVs in the country. Further, the rising adoption of electric and hybrid vehicles in the US also boosts the growth of the battery market in the country. Corporates in the United States are fast implementing the Internet of Things (IoT) services, which are accelerating the data volume, thereby expanding the data center demand. According to the January 2017 report of the National Telecommunications & Information Administration (NTIA), the enterprises in the US were planning to expand their investments in smart office devices by about 33% by January 2018. Moreover, the batteries are used in uninterrupted power supply (UPS) to store energy and support the data center operations. Hence, the increase in data volume is expected to expand the demand for data centers. Also, SLA is used in offline datacenter operations and thus, increasing the number of data centers is expected to propel the United States battery market growth.
A123 Systems, LLC, a subsidiary of Wanxiang Group, is engaged in the development and manufacturing of lithium-ion batteries and energy storage systems. The company offers a range of transportation energy storage solutions for passenger and commercial electric vehicles (EVs), hybrid electric vehicles (HEVs) and plug-in hybrid electric vehicles (PHEVs). A123 Systems offers battery cells, energy modules and energy storage systems. These products find usage in transportation and commercial applications. The company operates in the US, China and Germany. It is headquartered in Livonia, Michigan, the United States.
MARKET BY INSULATION TYPE, MOU ..
VIEW REPORT
Market By Application, Type An ..
VIEW REPORT
Market By Products, Applicatio ..
VIEW REPORT
Market By Application, Type Of ..
VIEW REPORT
Market By Battery Type, Applic ..
VIEW REPORT
Market By Application, Chemist ..
VIEW REPORT
Market by Material Type, Sourc ..
VIEW REPORT
Market By Source, System, Appl ..
VIEW REPORT1.
NORTH AMERICA BATTERY MARKET - SUMMARY
2.
INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1.
EMERGENCE OF ABSORBENT GLASS MAT (AGM) BATTERIES
2.2.2.
RISE IN ORGANIC & INORGANIC GROWTH STRATEGIES BY COMPANIES
2.2.3.
BATTERY TECHNOLOGY DISRUPTING DEFENCE INDUSTRY
2.2.4.
DEVELOPMENT OF NEXT-GENERATION BATTERIES
2.2.4.1.
PHOTOSYNTHESIS-POWERED BATTERIES
2.2.4.2.
SODIUM-ION BATTERIES
2.2.4.3.
GOLD NANOWIRE BATTERIES
2.2.4.4.
URINE-POWERED BATTERIES
2.2.4.5.
SUPER BATTERY
2.3. PORTER’S FIVE FORCE ANALYSIS
2.3.1.
BARGAINING POWER OF BUYERS
2.3.2.
BARGAINING POWER OF SUPPLIERS
2.3.3.
THREAT OF NEW ENTRANTS
2.3.4.
THREAT OF SUBSTITUTE
2.3.5.
THREAT OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. VENDOR SCORECARD
2.6. INDUSTRY COMPONENTS
2.7. REGULATORY FRAMEWORK
2.8. MARKET DRIVERS
2.8.1.
INCREASING DEMAND OF ENERGY STORAGE SYSTEMS (ESS)
2.8.2.
RISING NUMBER OF ELECTRIC VEHICLES
2.8.3.
INCREASING TREND TOWARDS ADOPTION OF UPS SYSTEMS AS AN ESSENTIAL POWER
BACKUP
2.8.4.
GROWING DEMAND FROM AUTOMOBILES SECTOR
2.9. MARKET RESTRAINTS
2.9.1.
COMPLIANCE WITH THE BATTERY STANDARDS
2.9.2.
LEAD-ACID BATTERIES NEGATIVELY IMPACTING ENVIRONMENT
2.10.
MARKET OPPORTUNITIES
2.10.1.
WIDESPREAD USAGE IN MOTIVE INDUSTRY APPLICATIONS
2.10.2.
RISING DEMAND FOR RECHARGEABLE BATTERIES IN CONSUMER PRODUCTS
2.11.
MARKET CHALLENGES
2.11.1.
DEVELOPMENT OF SUPER CAPACITORS
2.11.2.
FLUCTUATION IN RAW MATERIAL PRICES
2.11.3.
EASY AVAILABILITY OF COUNTERFEIT BATTERIES
3.
NORTH AMERICA BATTERY MARKET OUTLOOK - BY BATTERY TYPE
3.1. LEAD-ACID BATTERY
3.2. LITHIUM-ION BATTERY
3.3. NICKEL METAL HYDRIDE BATTERY
3.4. NICKEL CADMIUM BATTERY
3.5. OTHER BATTERIES
4.
NORTH AMERICA BATTERY MARKET OUTLOOK - BY APPLICATION
4.1. AUTOMOTIVE
4.2. INDUSTRIAL
4.3. PORTABLE
5.
NORTH AMERICA BATTERY MARKET - REGIONAL OUTLOOK
5.1. UNITED STATES
5.2. CANADA
6.
COMPETITIVE LANDSCAPE
6.1. A123 SYSTEMS, LLC
6.2. C&D TECHNOLOGIES, INC. (ACQUIRED BY KPS
CAPITAL PARTNER)
6.3. ENERSYS
6.4. DURACELL INTERNATIONAL, INC.
6.5. EAST PENN MANUFACTURING COMPANY, INC
6.6. LG CHEM LTD.
6.7. EVEREADY INDUSTRIES INDIA LTD.
6.8. BYD COMPANY LTD.
6.9. EXIDE TECHNOLOGIES
6.10.
GS YUASA CORPORATION
6.11.
HITACHI LTD.
6.12.
JOHNSON CONTROLS
6.13.
CROWN BATTERY MANUFACTURING COMPANY
6.14.
NEC CORPORATION
6.15.
PANASONIC CORPORATION
6.16.
SAFT GROUPE S.A.
6.17.
SHENZHEN BAK BATTERY CO., LTD.
6.18.
MURATA MANUFACTURING CO., LTD.
6.19.
SAMSUNG SDI CO., LTD.
6.20.
TOSHIBA CORPORATION
7.
RESEARCH METHODOLOGY & SCOPE
7.1. RESEARCH SCOPE & DELIVERABLES
7.2. SOURCES OF DATA
7.3. RESEARCH METHODOLOGY
TABLE 1: NORTH AMERICA BATTERY MARKET, BY COUNTRY, 2019-2027 (IN $
MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: REGULATORY FRAMEWORK
TABLE 4: WORLDWIDE SALES OF ELECTRIC VEHICLES IN 2017 (MONTHWISE SALES)
TABLE 5: COUNTRYWISE STOCK TARGETS OF ELECTRIC VEHICLE TILL 2020
TABLE 6: NORTH AMERICA BATTERY MARKET, BY APPLICATION, 2019-2027 (IN $
MILLION)
TABLE 7: NORTH AMERICA BATTERY MARKET, BY BATTERY TYPE, 2019-2027 (IN $
MILLION)
TABLE 8: NORTH AMERICA BATTERY MARKET, BY COUNTRY, 2019-2027 (IN $
MILLION)
FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: INDUSTRY COMPONENTS
FIGURE 3: WORLDWIDE SALES OF LIGHT DUTY ELECTRIC VEHICLES, 2015-2024 (IN
MILLION UNITS)
FIGURE 4: WORLDWIDE AUTOMOTIVE (CARS & COMMERCIAL VEHICLES)
PRODUCTION, 2015-2020 (IN MILLION)
FIGURE 5: MOTOR VEHICLE PRODUCTION IN KEY GEOGRAPHIES, 2015 & 2016
(IN THOUSAND UNITS)
FIGURE 6: AVERAGE ANNUAL OPEC CRUDE OIL PRICE, 2010-2018 (IN $ PER
BARREL)
FIGURE 7: AVERAGE PRICES FOR LEAD WORLDWIDE, 2014-2018 (IN $ PER METRIC
TON)
FIGURE 8: AVERAGE LITHIUM CARBONATE PRICE, 2010-2017 (IN $ PER METRIC
TON)
FIGURE 9: AVERAGE SELLING PRICE OF ZINC, JANUARY 2016-JANUARY 2017 (IN
$/LB)
FIGURE 10: NORTH AMERICA BATTERY MARKET, BY LEAD-ACID BATTERY, 2019-2027
(IN $ MILLION)
FIGURE 11: NORTH AMERICA BATTERY MARKET, BY LITHIUM-ION BATTERY,
2019-2027 (IN $ MILLION)
FIGURE 12: NORTH AMERICA BATTERY MARKET, BY NICKEL METAL HYDRIDE
BATTERY, 2019-2027 (IN $ MILLION)
FIGURE 13: NORTH AMERICA BATTERY MARKET, BY NICKEL CADMIUM BATTERY,
2019-2027 (IN $ MILLION)
FIGURE 14: NORTH AMERICA BATTERY MARKET, BY OTHER BATTERIES, 2019-2027
(IN $ MILLION)
FIGURE 15: NORTH AMERICA BATTERY MARKET, BY AUTOMOTIVE, 2019-2027 (IN $
MILLION)
FIGURE 16: NORTH AMERICA BATTERY MARKET, BY INDUSTRIAL, 2019-2027 (IN $
MILLION)
FIGURE 17: NORTH AMERICA BATTERY MARKET, BY PORTABLE, 2019-2027 (IN $
MILLION)
FIGURE 18: NORTH AMERICA BATTERY MARKET, REGIONAL OUTLOOK, 2018 &
2027 (IN %)
FIGURE 19: UNITED STATES BATTERY MARKET, 2019-2027 (IN $ MILLION)
FIGURE 20: CANADA BATTERY MARKET, 2019-2027 (IN $ MILLION)