Vehicle Used Battery market is growing at a CAGR of 7.8% during 2019-2025
A battery is a rechargeable battery that supplies electric energy to vehicle. This report analyzed the Battery Technology that applied in the Vehicle battery manufacturer.
Batteries are classified by chemistry, and the most common are lead, lithium and nickel-based. Lead acid stands its ground as being a robust and economical power source for bulk use and hence is predominant technology for manufacturing storage batteries. Li-ion is the battery of choice for Electric Vehicles. Lead acid batteries are the most commonly used type. Large-scale availability of batteries in various sizes and specifications along with high current level is expected to drive the market over the forecast period. Lead acid batteries are relatively cheaper as compared to other batteries and can be manufactured with relatively lower technology equipment, which in turn is projected to keep their demand high through 2025. On the other hand, the lithium-ion batteries segment is expected to post the highest CAGR during the forecast period.
Growing sales of vehicles and favorable government initiatives in developing economies such as India, China, Vietnam, and Mexico are likely to provide a fillip to the automotive battery market over the forecast period.
The global Vehicle Used Battery market was valued at 52200 million US$ in 2018 and will reach 95500 million US$ by the end of 2025, growing at a CAGR of 7.8% during 2019-2025.
This report focuses on Vehicle Used Battery volume and value at global level, regional level and company level. From a global perspective, this report represents overall Vehicle Used Battery market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Vehicle Used Battery in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Vehicle Used Battery manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
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The following manufacturers are covered:
- Johnson Controls
- Chaowei Power
- GS Yuasa
- Exide Technologies
- CATL
- East Penn Manufacturing
- BYD
- Panasonic
- PEVE
- EnerSys
- OptimumNano
- Camel
- Exide Industries
- LG Chem
- GuoXuan
- FIAMM
- SAMSUNG SDI
- Fengfan
- Amara Raja Batteries
- AESC
- Lishen
- Hitachi
- Banner Batteries
Segment by Type
- Lead-acid Battery
- Lithium-ion Battery
- Others
Key questions addressed by the report:
- Where will all these developments take Vehicle Used Battery in the mid- to long-term?
- What are the upcoming technological trends in the Vehicle Used Battery market?
- What are the opportunities for various players that exist at present and those that are planning to enter at different stages of the value chain?
- How growth strategies implemented by key players will impact the growth rate of the Vehicle Used Battery market, and who will have the undue advantage?
- What are the current adoption trends of the Vehicle Used Battery market?
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