Global Rechargeable Batteries Strategic Business Report 2023: Pushing Li-S Battery Technology as a Cheaper Alternative to Li-ion Chemistry Drives Growth

Dublin, March 20, 2023 (GLOBE NEWSWIRE) -- The "Rechargeable Batteries - Global Strategic Business Report" report has been added to's offering.

The global market for Rechargeable Batteries estimated at US$93.3 Billion in the year 2022, is projected to reach a revised size of US$130.8 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030.

Lead Acid, one of the segments analyzed in the report, is projected to record a -4.8% CAGR and reach US$30.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Lithium-Ion segment is readjusted to a revised 10.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $25.4 Billion, While China is Forecast to Grow at 7% CAGR

The Rechargeable Batteries market in the U.S. is estimated at US$25.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$26.8 Billion by the year 2030 trailing a CAGR of 7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$18.2 Billion by the year 2030.

Select Competitors (Total 286 Featured) -

  • Battery Technology Inc.
  • Beckett Energy Systems
  • BYD Company Ltd.
  • Duracell Inc.
  • EaglePicher Technologies, LLC
  • Energizer Holdings, Inc.
  • E-One Moli Energy Corp.
  • Eveready Industries India Ltd.
  • FDK Corp.
  • GS Yuasa Corp.
  • Highpower International Inc.
  • Jiangmen TWD Technology Co., Ltd.
  • Johnson Controls International Plc
  • LG Chem
  • Maxell Holdings, Ltd.
  • Panasonic Corp.
  • Saft Groupe S.A.
  • Samsung SDI Co. Ltd.
  • Spectrum Brands, Inc.
  • Tohoku Murata Manufacturing Co., Ltd.
  • Ultralife Corp.
  • VARTA Consumer Batteries GmbH & Co. KGaA

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages313
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$93.3 Billion
Forecasted Market Value (USD) by 2030$130.8 Billion
Compound Annual Growth Rate4.3%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • A Quick Primer
  • Recent Market Activity
  • Improving Economy Buoys General Market Optimism
  • Years 2016 and 2017 in Retrospect
  • 2018 Global Economic Outlook
  • Current and Future Analysis
  • Review of Demographic Trends
  • Rapidly Growing Urban Population Create Fertile Environment for Market Expansion
  • Burgeoning Middle Class Population Extends Large-Scale Opportunities
  • Rising Standards of Living Fuel Market Expansion
  • Lithium-Ion Batteries to Drive Future Growth
  • Industrial and Consumer Electronics Segment Keeps NiMH Battery Market Buoyant
  • Global Battery Sector Attracts Higher Investments
  • Li-Ion Batteries See Increased Investments
  • Rechargeable Batteries - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)



  • Rechargeable Batteries: The Out and Out Driver for Lithium Industry
  • Lithium Batteries - Undeterred Growth
  • Widening Applications Spur Growth for Li-Ion Batteries
  • Existing and Emerging Applications of Lithium-Ion Batteries
  • Battery Makers Tuning Energies for the Booming Digital World
  • LiB Prices to Soften
  • Ongoing Researches for Finding Replacement of Lithium in Batteries
  • Pushing Li-S Battery Technology as a Cheaper Alternative to Li-ion Chemistry
  • Nano-Enabled Batteries Set to Grow
  • Types of Nano-Enabled Batteries and Applications
  • Futuristic Curved Batteries Gaining Heightened Attention
  • Demand for Rechargeable Battery-Use Elecfoil Poised to Grow
  • NiCd Battery Demand on Decline
  • NiMH - A Mature Technology, Yet Strong in Consumer Applications
  • Large Scale Manufacturers Hinder Growth of Small Scale Players
  • Manufacturers Resort to Continuous Innovation to Stay Afloat
  • Existing Chemistries Face Increased Competition from Latest Battery Chemistries
  • Ready-to-Use Rechargeable Batteries - Set to Create a Revolution
  • Super Charge Ion Battery (SCiB) - A Threat to Li-Ion Battery
  • Asia-Pacific - Dominating the Lithium-ion Battery Production
  • Advanced Batteries Sector - An Overview




For more information about this report visit

About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


Global Market for Rechargeable Batteries

Contact Data