Global Battery Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
According to our (Global Info Research) latest study, the global Battery market size was valued at USD 107860 million in 2022 and is forecast to a readjusted size of USD 137610 million by 2029 with a CAGR of 3.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Battery key players include Johnson Controls, LG Chem, Panasonic, etc. Global top three manufacturers hold a share about 20%.
Asia-Pacific is the largest market, with a share over 40%, followed by Europe and North America, both have a share about 45 percent. 
In terms of product, Acid Battery is the largest segment, with a share about 55%. And in terms of application, the largest application is Commercial, followed by Home.
This report is a detailed and comprehensive analysis for global Battery market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Battery market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Battery market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Battery market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Battery market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Battery
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Battery market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Johnson Controls, LG Chem, Panasonic, SAMSUNG and GS Yuasa, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Battery market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Lead Acid
    Lithium Ion & Nickel Metal Hydride
Market segment by Application
    Home Use
    Commercial Use
Major players covered
    Johnson Controls
    LG Chem
    Panasonic
    SAMSUNG
    GS Yuasa
    Exide
    EnerSys
    East Penn
    BYD
    ATL
    Duracell
    Energizer
    BAK
    Tianjin Lishen
    SONY
    GP Batteries
    Furukawa Battery
    AtlasBX
    C&D Technologies
    Maxell
    Nanfu Battery
    FUJIFILM
    Zhongyin (Ningbo) Battery
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Battery product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Battery, with price, sales, revenue and global market share of Battery from 2018 to 2023.
Chapter 3, the Battery competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Battery breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Battery market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Battery.
Chapter 14 and 15, to describe Battery sales channel, distributors, customers, research findings and conclusion.