Battery as energy storage technology has become an important aspect of our life which is ful
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The global battery production machine market is expected to grow from USD 13.26 billion in 2024 to USD 37.59 billion in 2029, at a compound annual growth rate (CAGR) of 23.2%. during the forecast period.The key players Hitachi High-Tech Corporation (Japan), Dürr Group (Germany), Lead Intelligent Equipment Co., Ltd. (China), Schuler Group (Germany), and Yinghe Technology Co., Ltd .(China).
The global flow battery market is expected to grow from USD 0.34 billion by 2024 to USD 1.18 billion by 2030, at a compound annual growth rate (CAGR) of 23.0% during the forecast period.The key players Infinite Energy Systems (UK), Sumitomo Electric Industries, Ltd. (Japan), VRB Energy (Canada), Enerox GmbH (Austria), Elestor (The Netherlands), ESS Tech, Inc. (US), Largo Inc. (Canada), Lockheed Martin Corporation (US), and Primus Power (US).
The global battery energy storage market is expected to grow from USD 7.8 billion in 2024 to USD 25.6 billion by 2029, at a compound annual growth rate (CAGR) of 26.9% during the forecast period. The key players BYD Company Ltd. (China), Samsung SDI Co., Ltd. (South Korea), LG Energy Solution (South Korea), Panasonic Corporation (Japan) and Tesla (US).
The global battery management system market size is expected to grow from USD 9.1 billion in 2024 to USD 22.0 billion by 2029, at a compound annual growth rate (CAGR) of 19.3%. during the forecast period.The key players Sensata Technologies, Inc. (Japan), Eberspächer (Germany), Panasonic Holdings Corporation (Japan), and LG Energy Solution. (South Korea), AVL (Austria), FICOSA Internartional SA (Spain), Leclanché SA (Switzerland), Elithion (US), BMS PowerSafe (France), PowerTech Systems (France).
The global battery cyclers market is expected to grow from USD 794 million in 2024 to USD 1,609 million by 2029, at a compound annual growth rate (CAGR) of 15.2% during the forecast period.The key players AMETEK.Inc. (US), BioLogic (France), Chroma ATE, Inc. (Taiwan), Arbin Instruments (US), DIGATRON (US).
The global microinverter market is expected to grow from USD 4.9 billion in 2024 to USD 14.5 billion by 2029, at a compound annual growth rate (CAGR) of 24.1% during the forecast period.The key players Enphase Energy (US), Altenergy Power Systems (US), Hoymiles (China), Ningbo Deye Inverter Technology Co Ltd (China), Chilicon Power LLC (US), AEconversion GmbH & CO. KG (Germany), Envertech (China), ZJBENY (China), Bluesun Solar Co., Ltd. (China), and Solar Panels Plus (US).
The global lithium-sulfur battery market is expected to grow from USD 32 million in 2023 to USD 209 million in 2028, at a compound annual growth rate (CAGR) of 45.6% during the forecast period.The key players PolyPlus Battery Company (US), NexTech Batteries Inc. (US), Li-S Energy Limited (Australia), Lyten, Inc. (US), Theion GmbH (Germany), Gelion plc (Australia), Zeta Energy LLC (US).
The global solid-state battery market is expected to grow from USD 85 million in 2023 to USD 963 million by 2030, at a compound annual growth rate (CAGR) of 41.5% during the forecast period.The key players Blue Solutions (France), Ilika (UK), Solid Power (US), QuantumScape (US), ProLogium Technology Co., Ltd. (Taiwan), BrightVolt (US), Excellatron (US), Sakuu Corporation (US), and Hitachi Zosen Corporation (Japan)
The global lithium-ion battery market size is expected to grow from USD 56.8 billion in 2023 to USD 187.1 billion by 2032, at a compound annual growth rate (CAGR) of 14.2% during the forecast period.The key players LG Energy Solution (South Korea), Samsung SDI Co. Ltd. (South Korea), SK Innovation Co., Ltd. (South Korea), Panasonic Holdings Corporation (Japan), BYD Company Limited (China), and Toshiba Corporation (Japan).
The global nickel metal hydride (NiMH) battery market size is expected to grow from USD 2.4 billion in 2023 to USD 2.7 billion by 2028, at a compound annual growth rate (CAGR) of 3.1% during the forecast period.The major players Energizer Holdings, Inc. (US), Panasonic Holdings Corporation (Japan), Duracell (US), VARTA AG (Germany), FDK Corporation (Japan), BYD Company Limited (China), Primearth EV Energy Co., Ltd. (Japan), and GP Batteries International Limited (China).
The global micro battery market is expected to grow from USD 0.5 billion in 2023 to USD 1.3 billion by 2028, at a compound annual growth rate (CAGR) of 22.4% during the forecast period.The key players Cymbet Corporation (US), Enfucell (Finland), Ultralife Corporation (US), Molex, LLC (US), Panasonic Holdings Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), TDK Corporation (Japan), Maxell, Ltd. (Japan), VARTA AG (Germany), Renata SA (Switzerland), and Duracell Inc. (US) among others.
The global thin film and printed battery market size is expected to grow from USD 187 million in 2023 to USD 650 million by 2028, at a compound annual growth rate (CAGR) of 28.2% during the forecast period.The Key Players Samsung SDI Co., Ltd. (South Korea), Enfucell (Finland), Molex, LLC (US), NGK Insulators, Ltd. (Japan), Ultralife Corporation (US), Jenax Inc. (South Korea), and ProLogium Technology Co., Ltd. (Taiwan).
The global silicon battery market is expected to grow from USD 55 million in 2023 to USD 414 million by 2028, at a compound annual growth rate (CAGR) of 49.5% during the forecast period.The major players Amprius Technologies, Inc. (US), Enovix Corporation (US), Enevate Corporation (US), NanoGraf Corporation (US), Sila Nanotechnologies, Inc. (US), Group14 Technologies, Inc. (US), and Nexeon Limited (UK).
The global battery technology market is expected to grow from USD 95.7 billion in 2022 to USD 136.6 billion by 2027, at a compound annual growth rate (CAGR) of 7.4% during the forecast period.The Major players LG Chem (South Korea), Hitachi Ltd. (Japan), SAMSUNG SDI CO. LTD. (South Korea), GS Yuasa International Ltd. (Japan), Enersys (US), Panasonic Holdings Corporation (Japan), and Contemporary Amperex Technology Co., Ltd. (China).
The global nickel cadmium battery market size is expected to grow from USD 1.4 Billion in 2022 to USD 1.6 Billion by 2027, at a compound annual growth rate (CAGR) of 2.8% during the forecast period.The Major Players ALCAD A.B. (Sweden), EnerSys (US), GS Yuasa Corporation (Japan), HOPPECKE Batterien GmbH & Co. KG (Germany), HBL Power Systems Limited (India), and Saft Groupe SAS (France).
The metal-air battery market is expected to grow from USD 498 million in 2022 to USD 993 million by 2027, at a compound annual growth rate (CAGR) of 14.8% during the forecast period.The Major Players in the GP Batteries International (Hong Kong), Arotech Corporation (US), Energizer Holdings (US), Duracell (US), and Renata SA (Switzerland).
The global lithium silicon battery market is expected to grow from USD 10 million in 2022 to USD 247 million by 2030, at a compound annual growth rate (CAGR) of 48.4 % during the forecast period.The major players Amprius Technologies (US), Enovix Corporation (US), NanoGraf Corporation (US), Enevate Corporation (US), Sila Nanotechnologies, Inc. (US), and Group14 Technologies, Inc. (US).
The power bank market is expected to reach USD 13.4 billion by 2025; growing at a CAGR of 8.1% during the forecasting period. Anker Innovations (China), AUKEY (China), Xiaomi (China), ADATA (Taiwan), RAVPower (US), GRIFFIN (US), Lenovo (China), mophie (US), AMBRANE (India), and INTEX (India) are among the major players in this market.
The flexible battery market is expected to reach USD 296 million by 2025; it is expected to grow at a CAGR of 24.7% during the forecasting period. Samsung SDI (South Korea), LG Chem (South Korea), Enfucell Oy Ltd. (Finland), Blue Spark Technologies (US), Apple, Inc. (US), Panasonic Corporation (Japan), Ultralife Corporation (US), BrightVolt (US), Imprint Energy (US), Energy Diagnostics (UK), Prologium Technology Co., Ltd. (Taiwan), Molex (US), PolyPlus Battery Company (US), ITEN SA (France), Jenax (South Korea), and Guangzhou Fullriver Battery New Technology Co., Ltd. (China), are key players operating in the flexible battery market.
The global battery market for IoT is estimated to grow from USD 9.2 billion in 2020 to USD 15.9 billion in 2025; growing at a CAGR of 11.6% from 2020 to 2025. Duracell Inc (Duracell) (US), Energizer Holdings Inc (Energizer) (US), Panasonic Corporation (Panasonic) (Japan), LG Chem Ltd (LG Chem) (South Korea), Samsung SDI Co (Samsung SDI) (South Korea), STmicroelectronics N.V (STmicroelectronics) (Switzerland), Cymbet Corporation Inc (Cymbet) (US), Ultralife Corporation (Ultralife) (US), Ilika Plc (Ilika) (UK), and Imprint Energy Inc (Imprint Energy) (US) are the prominent players in the global battery market for IoT.
The global AGM battery market size is projected to reach USD 13.9 billion by 2025; growing at a CAGR of 5.3% during the forecasting period. Exide Technologies (US), Clarios (US), Power Sonic Corporation (US), EnerSys (US), Fullriver Battery (US) East Penn Manufacturing Company (US), Universal Power Group (US), Fullriver Battery (US), and C&D Technologies (US), among others, are the major players operating in the AGM battery market.
The overall nanowire battery market is projected to reach USD 243 million by 2026, growing at a CAGR of 35.7% during the forecasting period. Major players involved in the nanowire battery market include Amprius (US), Sila Nanotechnologies (US), OneD Material (US), Nexeon (UK), NEI Corporation (US), XG Sciences (US), LG Chem (South Korea), Panasonic (Japan), Samsung SDI (South Korea), Enevate (US), ACS Materials (US), Novarials Corporation (US), Boston Power (US), Lithium Werks (Netherlands), and Targray (Canada).
The overall wireless power transmission market is expected to be valued at USD 11.27 Billion by 2022, growing at a CAGR of 23.15%. The growth of this market is propelled by the factors such as the convenience offered by and consumer preference for wireless connectivity and need for effective charging systems. The inductive technology in the growth stage, while the magnetic resonance technology is entering the introductory stage; both the markets are expected to grow in the coming years.
Portable battery pack report primarily deals with different battery technologies and product types of electronic devices. This report segments the global portable battery market into four different segments, namely capacity range, product type, technology, and geography. The global portable battery market is expected to reach $10.94 billion by 2020, at an estimated CAGR of 17.53 % from 2014 to 2020. Asia-Pacific is the leading region in the overall portable battery pack market followed by North America and Europe.