The China battery market is estimated to grow at a significant CAGR during the forecast period. The market growth is attributed to the growing consumer electronics industry and the increasing demand from the electric vehicle industry. Further, the availability of low-cost manufacturers in the region also drives the regional growth of the market. Five Chinese companies, namely CATL, BYD, Guoxuan High-tech, and Lishen Battery are among the top battery companies by shipments in the country.
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The China battery market is segmented on the basis of category, type, and application. Based on the category, the market is bifurcated into the primary battery and secondary battery. Based on the type, the market Li-Ion battery, Ni-MH battery, Nickel Cadmium battery, lead-acid battery, and other batteries. Moreover, as per application, the market is segmented into automotive, industrial, consumer electronics, power & energy, and other applications. The emerging focus on new and recycled battery technologies in consumer electrics coupled with the high replacement rate of consumer electronics such as smartphones and power banks are primarily contributing to the market of the consumer electronics segment.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
China Battery Market by Category
- Primary
- Secondary
China Battery Market by Type
- Lithium-Ion (Li-Ion)
- Nickel-Metal Hydride (NI-MH)
- Nickel Cadmium
- Lead Acid
- Others
China Battery Market by Application
- Automotive
- Industrial
- Consumer Electronics
- Others
Company Profiles
- A123 Systems, LLC
- Overview
- A123 Systems, LLC in Battery Landscape
- Recent Developments
- Automotive Energy Supply Corp.
- BYD Co. Ltd.
- Chaowei Power Holdings Ltd.
- Contemporary Amperex Technology Co., Ltd.
- KAYO Battery (Shenzhen) Co. Ltd.
- NGK Insulators Ltd.
- ProLogium Technology Co., Ltd.
- Saft Groupe SA
- Tianneng Battery Group Co., Ltd.
The Report Covers
- Comprehensive research methodology of the China Battery Market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the China Battery Market.
- Insights about market determinants that are stimulating the China Battery Market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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