NORTH AMERICA BATTERY MARKET 2022-2028

 

 

TABLE OF CONTENTS

1.     NORTH AMERICA BATTERY MARKET - SUMMARY

2.     INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE BATTERY MARKET

2.2. KEY INSIGHTS

2.2.1.    INCREASING DEMAND FOR ENERGY STORAGE SYSTEMS

2.2.2.    EMERGENCE OF AGM BATTERIES

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1.    THREAT OF NEW ENTRANTS

2.3.2.    THREAT OF SUBSTITUTES

2.3.3.    BARGAINING POWER OF BUYERS

2.3.4.    BARGAINING POWER OF SUPPLIERS

2.3.5.    THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY MARKET STRATEGIES

2.6.1.    PRODUCT LAUNCHES & DEVELOPMENTS

2.6.2.    PARTNERSHIPS & AGREEMENTS

2.7. MARKET DRIVERS

2.7.1.    RISING POPULARITY OF CONSUMER ELECTRONICS

2.7.2.    INCENTIVES FOR MANUFACTURING ELECTRIC VEHICLE BATTERIES

2.7.3.    DECLINING BATTERY PRICES

2.7.4.    HIGH DEMAND FOR AUTOMOTIVE APPLICATIONS

2.8. MARKET CHALLENGES

2.8.1.    SAFETY ISSUES PERTAINING TO BATTERY USAGE

2.8.2.    VOLATILITY IN THE PRICES OF RAW MATERIALS

2.8.3.    ISSUES PERTAINING TO BATTERY RECYCLING

2.9. MARKET OPPORTUNITIES

2.9.1.    INCREASING PENETRATION OF MARINE BATTERIES

2.9.2.    GOVERNMENT INCENTIVES FOR CLEANER TRANSPORTATION

3.     NORTH AMERICA BATTERY MARKET OUTLOOK - BY BATTERY TYPE

3.1. PRIMARY BATTERY

3.2. SECONDARY BATTERY

4.     NORTH AMERICA BATTERY MARKET OUTLOOK - BY TECHNOLOGY

4.1. LEAD-ACID BATTERY

4.2. LITHIUM-ION BATTERY

4.3. NICKEL-METAL HYDRIDE (NIMH) BATTERY

4.4. NICKEL-CADMIUM (NICD) BATTERY

4.5. NICKEL-ZINC (NIZN) BATTERY

4.6. FLOW BATTERY

4.7. SODIUM-SULFUR (NAS) BATTERY

4.8. ZINC-MANGANESE DIOXIDE BATTERY

4.9. SMALL SEALED LEAD-ACID BATTERY

4.10. OTHER TECHNOLOGIES

5.     NORTH AMERICA BATTERY MARKET OUTLOOK - BY END-USE

5.1. AUTOMOTIVE BATTERIES

5.2. INDUSTRIAL BATTERIES

5.3. PORTABLE BATTERIES

5.4. POWER TOOLS BATTERIES

5.5. SLI BATTERIES

5.6. OTHER END-USES

6.     NORTH AMERICA BATTERY MARKET - COUNTRY OUTLOOK

6.1. UNITED STATES

6.2. CANADA

7.     COMPETITIVE LANDSCAPE

7.1. JOHNSONS CONTROLS INC

7.2. GS YUASA INTERNATIONAL LTD

7.3. EXIDE TECHNOLOGIES

7.4. LG CHEM LTD

7.5. A123 SYSTEMS LLC

7.6. TOSHIBA CORPORATION

7.7. PANASONIC CORPORATION

7.8. SAMSUNG SDI CO LTD

7.9. SAFT GROUPE SA

7.10. TROJAN BATTERY COMPANY

7.11. BYD COMPANY LTD

7.12. NEC CORPORATION

7.13. EVEREADY INDUSTRIES

7.14. DURACELL

7.15. EAST PENN MANUFACTURING CO

7.16. CROWN BATTERY MANUFACTURING COMPANY

7.17. C&D TECHNOLOGIES INC

7.18. ENERSYS

7.19. MURATA MANUFACTURING CO LTD

7.20. SHENZHEN BAK BATTERY CO LTD

8.     RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

 

TABLE LIST

TABLE 1: NORTH AMERICA BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: NORTH AMERICA BATTERY MARKET, BY BATTERY TYPE, 2022-2028 (IN $ MILLION)

TABLE 4: NORTH AMERICA BATTERY MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)

TABLE 5: NORTH AMERICA BATTERY MARKET, BY END-USE, 2022-2028 (IN $ MILLION)

TABLE 6: NORTH AMERICA BATTERY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

 

 

FIGURE LIST

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: NORTH AMERICA BATTERY MARKET, BY BATTERY TYPE, 2021 & 2028 (IN %)

FIGURE 3: NORTH AMERICA BATTERY MARKET, BY PRIMARY BATTERY, 2022-2028 (IN $ MILLION)

FIGURE 4: NORTH AMERICA BATTERY MARKET, BY SECONDARY BATTERY, 2022-2028 (IN $ MILLION)

FIGURE 5: NORTH AMERICA BATTERY MARKET, BY TECHNOLOGY, 2021 & 2028 (IN %)

FIGURE 6: NORTH AMERICA BATTERY MARKET, BY LEAD-ACID BATTERY, 2022-2028 (IN $ MILLION)

FIGURE 7: NORTH AMERICA BATTERY MARKET, BY LITHIUM-ION BATTERY, 2022-2028 (IN $ MILLION)

FIGURE 8: NORTH AMERICA BATTERY MARKET, BY NICKEL-METAL HYDRIDE (NIMH) BATTERY, 2022-2028 (IN $ MILLION)

FIGURE 9: NORTH AMERICA BATTERY MARKET, BY NICKEL-CADMIUM (NICD) BATTERY, 2022-2028 (IN $ MILLION)

FIGURE 10: NORTH AMERICA BATTERY MARKET, BY NICKEL-ZINC (NIZN) BATTERY, 2022-2028 (IN $ MILLION)

FIGURE 11: NORTH AMERICA BATTERY MARKET, BY FLOW BATTERY, 2022-2028 (IN $ MILLION)

FIGURE 12: NORTH AMERICA BATTERY MARKET, BY SODIUM-SULFUR (NAS) BATTERY, 2022-2028 (IN $ MILLION)

FIGURE 13: NORTH AMERICA BATTERY MARKET, BY ZINC-MANGANESE DIOXIDE BATTERY, 2022-2028 (IN $ MILLION)

FIGURE 14: NORTH AMERICA BATTERY MARKET, BY SMALL SEALED LEAD-ACID BATTERY, 2022-2028 (IN $ MILLION)

FIGURE 15: NORTH AMERICA BATTERY MARKET, BY OTHER TECHNOLOGIES, 2022-2028 (IN $ MILLION)

FIGURE 16: NORTH AMERICA BATTERY MARKET, BY END-USE, 2021 & 2028 (IN %)

FIGURE 17: NORTH AMERICA BATTERY MARKET, BY AUTOMOTIVE BATTERIES, 2022-2028 (IN $ MILLION)

FIGURE 18: NORTH AMERICA BATTERY MARKET, BY INDUSTRIAL BATTERIES, 2022-2028 (IN $ MILLION)

FIGURE 19: NORTH AMERICA BATTERY MARKET, BY PORTABLE BATTERIES, 2022-2028 (IN $ MILLION)

FIGURE 20: NORTH AMERICA BATTERY MARKET, BY POWER TOOLS BATTERIES, 2022-2028 (IN $ MILLION)

FIGURE 21: NORTH AMERICA BATTERY MARKET, BY SLI BATTERIES, 2022-2028 (IN $ MILLION)

FIGURE 22: NORTH AMERICA BATTERY MARKET, BY OTHER END-USES, 2022-2028 (IN $ MILLION)

FIGURE 23: NORTH AMERICA BATTERY MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)

FIGURE 24: UNITED STATES BATTERY MARKET 2022-2028 (IN $ MILLION)

FIGURE 25: CANADA BATTERY MARKET 2022-2028 (IN $ MILLION)

 

Strategic initiatives by government and market players boost the region’s growth

 

MARKET OUTLOOK

Triton’s market research report states that the battery market in North America is expected to progress with a CAGR of 15.32% in the forecast period 2022-2028. The countries studied across the region are Canada and the United States.

In 2022, the United States Department of Energy issued notices of intent to offer $2.91 billion to boost advanced battery production, which is important for the expanding clean energy industries, including energy storage and electric vehicles. The department’s intent behind the offer is to fund battery materials refining and production plants, recycling facilities, and battery cell and pack manufacturing facilities.

This will further increase the energy independence, economic competitiveness as well as national security of the country. Such significant government initiatives in battery technologies are expected to strengthen the studied market in the country.

Additionally, market players in Canada take strategic initiatives such as partnerships, joint ventures, and investments that aid the growth of the country’s battery market. For instance, Stellantis announced its partnership with LG Energy Solution in 2022 to make batteries for electric vehicles at a new plant in Canada. The joint venture involves $4.1 billion to be utilized for constructing a facility in Windsor(Ontario) that will supply batteries for electric vehicle production of Stellantis in North America.

 

Get more insights the North America Battery Market:

 

https://www.tritonmarketresearch.com/reports/north-america-battery-market

 

COMPETITIVE OUTLOOK

The leading companies in the market include LG Chem Ltd, Crown Battery Manufacturing Company, Johnsons Controls Inc, Exide Technologies, Murata Manufacturing Co Ltd, Toshiba Corporation, East Penn Manufacturing Co, GS Yuasa International Ltd, Panasonic Corporation, Duracell, C&D Technologies Inc, and EnerSys.

 

SEGMENTATION

1. JOHNSONS CONTROLS INC

2. GS YUASA INTERNATIONAL LTD

3. EXIDE TECHNOLOGIES

4. LG CHEM LTD

5. A123 SYSTEMS LLC

6. TOSHIBA CORPORATION

7. PANASONIC CORPORATION

8. SAMSUNG SDI CO LTD

9. SAFT GROUPE SA

10. TROJAN BATTERY COMPANY

11. BYD COMPANY LTD

12. NEC CORPORATION

13. EVEREADY INDUSTRIES

14. DURACELL

15. EAST PENN MANUFACTURING CO

16. CROWN BATTERY MANUFACTURING COMPANY

17. C&D TECHNOLOGIES INC

18. ENERSYS

19. MURATA MANUFACTURING CO LTD

20. SHENZHEN BAK BATTERY CO LTD