Batteries Manufacturing Market Global Briefing 2018

Batteries Manufacturing Market Global Briefing 2018

  • January 2018 •
  • 30 pages •
  • Report ID: 4907954 •
  • Format: PDF
The battery manufacturing industry can be classified into
i) Primary Battery manufacturing that comprises establishments manufacturing disposable flashlight batteries, dry cells, lithium batteries and watch batteries. And
ii) Storage Battery Manufacturing that include establishments manufacturing storage batteries. Storage batteries are rechargeable batteries that can be recharged by passing a current through it in the opposite direction of its discharge.

Asia Pacific was the largest region in the batteries manufacturing market in 2017, accounting for around 80% market share. North America was the second largest region accounting for around 8% market share. South America was the lowest region accounting for around 1% market share.

With increasing global warming and consequent rise in government regulations, the demand for clean energy is increasing. Clean energy refers to energy generated from natural sources such as sunlight, wind and others.

Renewable energy systems process energy from natural sources into usable forms and store in batteries for use at a later point of time. The Batteries used in renewable energy systems include lead acid batteries, lithium-ion batteries and others.

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