New York, Feb. 17, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Secondary Battery Market by Technology and Geography - Forecast and Analysis 2020-2024" - https://www.reportlinker.com/p05862939/?utm_source=GNW
Our reports on global secondary battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by decline in lithium-ion battery costs.
In addition, development of advanced lead-acid battery is anticipated to boost the growth of the global secondary battery market as well.
Market Segmentation
The global secondary battery market is segmented as below:
TechnologyLead-acid Lithium-ion Others
Geographic segmentation
North America APAC Europe South America MEA
Key Trends for global secondary battery market growth
This study identifies development of advanced lead-acid battery as the prime reasons driving the global secondary battery market growth during the next few years.
Prominent vendors in global secondary battery market
We provide a detailed analysis of around 25 vendors operating in the global secondary battery market, including some of the vendors such as BYD Co. Ltd., Clarios, Contemporary Amperex Technology Co. Ltd., East Penn Manufacturing Co. Inc., Exide Technologies, GS Yuasa Corp., LG Chem Ltd., Panasonic Corp., Samsung SDI Co. Ltd. and Tesla Inc. .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Read the full report: https://www.reportlinker.com/p05862939/?utm_source=GNW
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The Secondary Battery Market is expected to grow by USD 55.62 bn during 2020-2024, progressing at a CAGR of 11% during the forecast period
Global Secondary Battery Market 2020-2024 The analyst has been monitoring the global secondary battery market and it is poised to grow by USD 55. 62 bn during 2020-2024, progressing at a CAGR of 11% during the forecast period.
| Source: ReportLinker