The batteries industry comprises
establishments include companies manufacturing storage and primary batteries. A
battery is a device consisting of one or more electrochemical cells that
produce electric current. Each cell produces electric current from the chemical
reaction between the electrolyte and the terminals.
The battery manufacturing market
in this report is segmented in to primary battery manufacturing and secondary battery
manufacturing.
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The global batteries
manufacturing market has been growing in the past years with a CAGR of almost 6%.
TBRC’s latest report show the historic and future trends in the market for each
year with sourced reasons to support the growth claims.
The report also shows the global
batteries manufacturing market to grow at a higher CAGR by 2021 as compared to
2017, along with geographies best suited for investments with highest return
rate.
Sample report:
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. Lithium-ion batteries are the most common
type of batteries used in electric vehicles. For example, the electric car
manufacturers Tesla and Nissan use lithium-ion batteries to power electric motors.
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Companies included in the report
are Panasonic Corporation, Johnson Controls and GS Yuasa.
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