The report presents a detailed analysis of the following key players in the global battery market, looking into their capacity, market shares, and latest developments like capacity expansions,
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The report for the global battery market provides size and share analysis along with forecast and historical data. The report also provides growth, trends, drivers, and restraints analysis for the global industry.
The major market driver for the battery industry is the growing integration of electronics. Growing demand for transportation also contributes to the market’s growth. Fuel savings & government incentives for cleaner transportation boosts the demand for the market.
Based on end use, the market is segmented into automobiles, consumer electronics, grid-scale energy storage, telecom, power tools, military & defense, aerospace, and others. The automobile segment has emerged as the largest end use in the global battery industry, capturing over 31.0 % of the market share in 2024.
In addition, increasing military spending in India and China will further drive the market’s growth in the region. In India, companies such as Exide Industries, HBL Power Systems, Eveready Industries, and High Energy Batteries have the major take on the battery market.
Key players include established companies, alongside emerging startups innovating in solid-state and other advanced battery technologies. Competition is intensified by government incentives for clean energy and sustainability targets, prompting investments in R&D and manufacturing capacity.
Some of the major companies that are present in the battery market are Johnson Controls, Exide Technologies, LLC, GS Yuasa Battery Europe Ltd., Robert Bosch GmbH, Saft, Delphi, LG Chem Power, Inc., Panasonic, Toshiba, FICOSA, Schneider Electric, Lithium Werks, Analog Devices, Nuvation Energy, and Texas Instruments.
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Track evolving trends in microgrid deployment, inverter demand, and lithium storage growth across Europe, Asia, and emerging energy economies.
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