Global Secondary Batteries Market Forecast And Growth Through COVID-19, Competitive Landscape, Segments, Key Regions Overview

The Business Research Company’s ‘Secondary Batteries Global Market Report 2021 - By Product Type (Lead Acid, Lithium-Ion (Li-Ion), Nickel Metal Hydride), By Application (Electronics, Motor Vehicles, Portable Devices), By End User (Automotive, Household, Industrial), COVID-19 Impact And Recovery’ is the most comprehensive report available on this market. It covers 60 geographies and thus helps gain a truly global perspective of the market. The regional and country breakdowns section gives an analysis of the market in each geography as well as the size of the market by region and by country. It also compares the market’s historic and forecast growth while highlighting important trends and strategies that template market players can adopt.

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The global secondary batteries market is expected to grow from $52.58 billion in 2020 to $57.61 billion in 2021 at a compound annual growth rate (CAGR) of 9.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The secondary batteries market is expected to reach $83.24 billion in 2025 at a CAGR of 10%.

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The secondary batteries market consists of sales of secondary batteries and related services that are used in portable devices, electronics, and motor vehicles. Secondary batteries are electrical batteries which can be charged, discharged and recharged multiple times. Secondary batteries include Lithium-ion, lead-acid, Nickel Metal Hydride (NiMH) based secondary batteries. Secondary batteries are highly cost-efficient in the long term and are environment friendly.

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The secondary batteries market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Some of the major players of the secondary batteries market are BYD Company Ltd., Samsung SDI Co. Ltd., LG Chem Co. Ltd., Johnson Controls, Amperex Technologies Ltd., Energizer Holdings, Inc., Panasonic Corporation, Aquion Energy, Battery Technology Inc., Beckett Energy Systems, Duracell Inc., EaglePicher Technologies, LLC, Electrochem Automation Inc., EnerVault Corporation, E-One Moli Energy Corp., Eveready Industries India Ltd., FDK Corporation, GPB International Limited, GS Yuasa Corporation, Highpower International Inc., Hitachi Chemical, Jiangmen TWD Technology Co., Ltd., Maxell Holdings, Ltd., Nippon Chemi-Con, Saft Groupe S.A., Spectrum Brands, Inc., VARTA Consumer Batteries GmbH & Co. KgaA, TCL Hyperpower Batteries, Inc., Tohoku Murata Manufacturing Co., Ltd., Ultralife Corporation.

The global secondary batteries market is segmented –

1) By Product Type: Lead Acid, Lithium-Ion (Li-Ion), Nickel Metal Hydride, Others

2) By Application: Electronics, Motor Vehicles, Portable Devices, Others

3) By End User: Automotive, Household, Industrial

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The secondary batteries market report describes and explains the global secondary batteries market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The secondary batteries report evaluates the market across each region and for the major economies within each region.

The countries covered in the global secondary batteries market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global secondary batteries market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Full Report Includes

  1. Executive Summary
  2. Report Structure
  3. Secondary Batteries Market Characteristics
  4. Secondary Batteries Market Product Analysis
  5. Secondary Batteries Market Supply Chain


  1. Key Mergers And Acquisitions In The Secondary Batteries Market
  2. Market Background: Machinery Manufacturing Market
  3. Recommendations
  4. Appendix
  5. Copyright And Disclaimer

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