Rechargeable Batteries Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Rechargeable Batteries Market is segmented By Battery Type (Lithium-ion Batteries, Lead-acid Batteries, NiMH Batteries, NiCd Batteries, Others), By Ap....
Rechargeable Batteries Market Size
Market Size in USD Bn
CAGR5.88%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 5.88% |
| Market Concentration | High |
| Major Players | Samsung SDI Co., Ltd., Panasonic Corporation, Sony Corporation of America, LG Energy Solution Ltd., Contemporary Amperex Technology Co., Limited (CATL) and Among Others |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
Want to purchase customized report?
please let us know !
please let us know !
Rechargeable Batteries Market Analysis
The rechargeable batteries market is estimated to be valued at USD 123.81 Bn in 2024 and is expected to reach USD 184.65 Bn by 2031. It is projected to grow at a compound annual growth rate (CAGR) of 5.88% from 2024 to 2031.
The rechargeable batteries market is expected to witness positive growth trends due to factors such as rising demand for electric vehicles, increasing adoption of smartphones and tablets, growing focus on renewable energy sources, and improving charging infrastructure.