(Companies: Panasonic Corporation, Johnson Controls Inc, GS Yuasa Corporation, East Penn Manufacturing Co Inc, EnerSys Ltd.)
Asia Pacific is the largest region in the global batteries manufacturing market.
The batteries market consists of sales of batteries by entities that produce primary and storage batteries. Examples of primary batteries include disposable flashlight batteries, dry cells, primary (e.g., AAA, AA, C, D, 9V), lithium batteries, primary, and watch batteries. Examples of storage batteries include lead-acid storage batteries, lithium storage batteries, and rechargeable nickel-cadmium (NICAD) batteries.
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The batteries manufacturing market is expected to reach a value of nearly $107 billion by 2022, significantly growing at a growth rate of about 8% during the forecast period. The growth in the batteries manufacturing market is due to an increase in demand for secondary batteries and innovations.
However, the market for batteries manufacturing is expected to face certain restraints from several factors such as rising competition and difficulty in extracting raw materials.
With increasing global warming and consequent rise in government regulations, the demand for clean energy is increasing. Clean energy refers to energy generated from natural sources such as sunlight, wind, and others. The Batteries used in renewable energy systems include lead-acid batteries, lithium-ion batteries, and others. Lithium-ion batteries are the most common type of batteries used in electric vehicles. For example, the electric car manufacturers Tesla and Nissan use lithium-ion batteries to power electric motors.
Major players in the global batteries manufacturing market include Panasonic Corporation, Johnson Controls Inc, GS Yuasa Corporation, East Penn Manufacturing Co Inc, EnerSys Ltd.
Panasonic Corporation, formerly known as Matsushita Electric Industrial Co., Ltd is a Japanese multinational electronics corporation headquartered in Kadoma, Osaka, Japan. The company was founded in 1918 as a producer of lightbulb sockets and has grown to become one of the largest Japanese electronics producers. In addition to electronics, it offers non-electronic products and services such as home renovation services. Panasonic was the world’s fourth-largest television manufacturer by 2012 market share.
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Few Points From Table Of Contents:
4. Batteries Manufacturing Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Batteries Manufacturing Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Batteries Manufacturing Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Batteries Manufacturing Market Trends And Strategies
8. Batteries Manufacturing Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market
9. Batteries Manufacturing Market Regional Analysis
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