Battery Market 
                     Battery Market 
Size, Share & 
Trends Analysis 
2027
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Market 
Batteries are devices coSnsuismtingm oaf relyectrochemical cells used to 
provide power in various industries. The Global Battery Market is 
valued at USD 102.1 billion in 2017 and is expected to grow at a 
CAGR of 7.8%.Product insight
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Some of the key players in this business include Exide Technologies, GS 
Yuasa, Robert Bosch GmbH, and Saft Groupe S.A., Toshiba 
Corporation; LG Chem Ltd.; Saft; Sony Corporation; Eveready 
Industries; Contemporary Amperex Technology Co.among others.
Market 
Product Outlook (Revenue, USSDu Bmilliomn, 2a01r6y - 2027)
• Lead Acid
• Lithium Ion
• Nickel Metal Hydride
• Nickel Cadmium
• Others
Application Outlook (Revenue, USD Billion, 2016 - 2027)
• Automotive Batteries
• Industrial Batteries   
• Portable Batteries
Regional Outlook (Revenue, USD Billion, 2016 - 2027)
• North America
• Europe
• Asia Pacific
• Central and South America
• Middle East and Africa
Market 
Summary
Further key findings from the report suggest
• By application, nylon-66 fibers and engineering resins held the largest market share in 2018 and is 
projected to grow at a rate of 4.9% in the forecast period. This is due to a high demand for nylon-66 
in various applications owing to its properties such as high tensile strength, excellent abrasion 
resistance, and higher melting point, among others. The market in the Asia Pacific region held the 
largest market share in 2018 and is estimated to have a growth rate of 5.0% in the forecast period. 
The market dominance of the APAC region is owing to the growth of the end-user industries such as 
the automotive, electrical & electronics, and textile industry, among others, in the region.
• By industry verticals, the automotive industry  d ominated the market in 2018 and is likely to have a 
CAGR of 4.1% in the forecast period.
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