The North American battery market is estimated to grow at a significant CAGR during the forecast period. The market growth is attributed to the presence of major battery manufacturers in the region. Moreover, the increasing penetration of portable electronic devices such as computers, camcorders, and other small battery-operated devices further gives a boost to the regional growth of the market. Moreover, the increasing telecommunication industry in the region further contributes to market growth. For instance, Ni-Cd is used in the telecommunication industry as they offer reliable backup power in telecommunication towers that is crucial for ensuring safe and continuous operation in these industries.
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The North American 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 is 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
North American Battery Market by Category
- Primary
- Secondary
North American Battery Market by Type
- Lithium Ion (Li-Ion)
- Nickel-Metal Hydride (NI-MH)
- Nickel Cadmium
- Lead Acid
- Others
North American Battery Market by Application
- Automotive
- Industrial
- Consumer Electronics
- Power & Energy
- Others
Regional Analysis
- North America
- United States
- Canada
Company Profiles
- A123 Systems, LLC
- Overview
- A123 Systems, LLC in North America
- A123 Systems, LLC in Battery Landscape
- Recent Developments
- Altair Nanotechnologies Inc.
- BYD Co. Ltd.
- Ambri Inc.
- Automotive Energy Supply Corp.
- Exide Industries Ltd.
- Contemporary Amperex Technology Co., Ltd.
- MaxPower Inc.
- NGK Insulators Ltd.
- Panasonic Corp.
- Saft Groupe SA
- Tesla, Inc..
The Report Covers
- Comprehensive research methodology of the North American 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 North American Battery Market.
- Insights about market determinants that are stimulating the North American 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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