Battery Market by transportation mode will surpass US$ 65 Billion
- 6 years ago
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Global battery market by transportation mode will surpass US$ 65 Billion by the end of year 2024. The demand of battery in automotive industry is growing at rapid pace due to government support clean energy and environmental friendly modes of transport. Many automotive battery manufacturers across the globe have been getting fair subsidies to enforce production capacity. Lithium-ion battery is one of the new discoveries which support large vehicle and gives sufficient power to run vehicle smoothly. Moreover the USP of the lithium-ion battery is fast charging that attracts e-vehicle manufacturers to adopt rapidly. The demand of lithium-ion battery will increase in coming future due to gradually decline in the prices of the battery. Lead acid battery market in automotive sector is matured although it is used in e-bikes and others automotive because of their low price compare to NiCD, NiMH and lithium-ion battery.
Renub Research latest report Global Battery Market by Transport (Automotive, Marine, E-Bikes, Forklift), Regions (North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, Middle East) Battery Types (Lithium-ion, Lead Acid, NIMH, SLI), Companies (Continental AG, BYD Corporation Ltd, Exide Technology, Samsung SDI, SANYO-PANASONIC, LG Chem. Power Amperex Technology Limited) provides a detailed and comprehensive insight of the Global Battery Market.
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https://www.renub.com/contactus.php
By Mode of Transport – Automotive Battery Market has the highest Market share
This report categorized into four transportation mode: Automotive, Marine, E-Bike and Forklift. Automotive battery market is one of the biggest markets compared to rest of the categories. Marine battery market is a new discovery and involved various risk. So lot of research and development is required to ensure safety in marine industry. Adoption of battery in Automotive and E-bike is massive across the world due to government support for clean energy in transportation sector.
By Regions
This report also gives core insight and scalability of battery market on the parameter of significant regions such as North America, Western Europe, Eastern Europe, Asia Pacific, Latin America and Middle East. It is expected that, there is huge possibility of battery market in Asia Pacific regions.
By Battery Type
In this report, there is comprehensive analysis of different kinds of battery and uses in transportation vehicle. In automotive sector the battery market is segmented into lithium-ion battery, nickel metal hydride battery and others where as in E-bike and Forklift battery market is categorized into lithium-ion and lead acid battery market.
https://www.renub.com/global-battery-market-by-transport-p.php
Global battery market by transportation mode will surpass US$ 65 Billion by the end of year 2024. The demand of battery in automotive industry is growing at rapid pace due to government support clean energy and environmental friendly modes of transport. Many automotive battery manufacturers across the globe have been getting fair subsidies to enforce production capacity. Lithium-ion battery is one of the new discoveries which support large vehicle and gives sufficient power to run vehicle smoothly. Moreover the USP of the lithium-ion battery is fast charging that attracts e-vehicle manufacturers to adopt rapidly. The demand of lithium-ion battery will increase in coming future due to gradually decline in the prices of the battery. Lead acid battery market in automotive sector is matured although it is used in e-bikes and others automotive because of their low price compare to NiCD, NiMH and lithium-ion battery.
Renub Research latest report Global Battery Market by Transport (Automotive, Marine, E-Bikes, Forklift), Regions (North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, Middle East) Battery Types (Lithium-ion, Lead Acid, NIMH, SLI), Companies (Continental AG, BYD Corporation Ltd, Exide Technology, Samsung SDI, SANYO-PANASONIC, LG Chem. Power Amperex Technology Limited) provides a detailed and comprehensive insight of the Global Battery Market.
Client can Purchase this Report in Sections also OR Request a Free Sample Copy of the Report:
https://www.renub.com/contactus.php
By Mode of Transport – Automotive Battery Market has the highest Market share
This report categorized into four transportation mode: Automotive, Marine, E-Bike and Forklift. Automotive battery market is one of the biggest markets compared to rest of the categories. Marine battery market is a new discovery and involved various risk. So lot of research and development is required to ensure safety in marine industry. Adoption of battery in Automotive and E-bike is massive across the world due to government support for clean energy in transportation sector.
By Regions
This report also gives core insight and scalability of battery market on the parameter of significant regions such as North America, Western Europe, Eastern Europe, Asia Pacific, Latin America and Middle East. It is expected that, there is huge possibility of battery market in Asia Pacific regions.
By Battery Type
In this report, there is comprehensive analysis of different kinds of battery and uses in transportation vehicle. In automotive sector the battery market is segmented into lithium-ion battery, nickel metal hydride battery and others where as in E-bike and Forklift battery market is categorized into lithium-ion and lead acid battery market.