NORTH AMERICA BATTERY MARKET 2019-2027

MARKET OUTLOOK
Triton Market Research has concluded that the North America battery market is projected to grow at a CAGR of 4.51% in the estimated years 2019-2027.
The United States and Canada together constitute the battery market in the North American region.
The Canadian battery market growth is primarily driven by the significant adoption of batteries in light commercial vehicles (LCVs), heavy commercial vehicles (HCVs) and passenger cars. Besides, the rising automobile sales in the country also act as an additional driver. Since, the battery is a key component used for SLA function in vehicles, any growth in vehicle production is expected to boost the deployment of the batteries. The growth in solar energy installations in Canada is expected to drive healthy growth across the Canada battery market. For instance, according to the Canadian Solar Industries Association (CSIA), nearly 65% of electricity in Canada is generated from renewable energy sources every year, with a majority being the solar energy source. According to CSIA, the annual solar capacity in the country is forecasted to grow three-fold by 2025 and since SLA is used in storing solar energy in electrical form, any growth in Canada’s annual solar capacity is expected to drive the battery market growth in the country.
COMPETITIVE OUTLOOK
Some of the established giants in the battery market are LG Chem Ltd., Eveready Industries India Ltd., BYD Company Ltd., Exide Technologies, GS Yuasa Corporation, Hitachi Ltd., Johnson Controls, Crown Battery Manufacturing Company, NEC Corporation and Panasonic Corporation.

TABLE OF CONTENT
1. NORTH AMERICA BATTERY MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1. EMERGENCE OF ABSORBENT GLASS MAT (AGM) BATTERIES
2.2.2. RISE IN ORGANIC & INORGANIC GROWTH STRATEGIES BY COMPANIES
2.2.3. BATTERY TECHNOLOGY DISRUPTING DEFENCE INDUSTRY
2.2.4. DEVELOPMENT OF NEXT-GENERATION BATTERIES
2.2.4.1. PHOTOSYNTHESIS-POWERED BATTERIES
2.2.4.2. SODIUM-ION BATTERIES
2.2.4.3. GOLD NANOWIRE BATTERIES
2.2.4.4. URINE-POWERED BATTERIES
2.2.4.5. SUPER BATTERY
2.3. PORTER’S FIVE FORCE ANALYSIS
2.3.1. BARGAINING POWER OF BUYERS
2.3.2. BARGAINING POWER OF SUPPLIERS
2.3.3. THREAT OF NEW ENTRANTS
2.3.4. THREAT OF SUBSTITUTE
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. VENDOR SCORECARD
2.6. INDUSTRY COMPONENTS
2.7. REGULATORY FRAMEWORK
2.8. MARKET DRIVERS
2.8.1. INCREASING DEMAND OF ENERGY STORAGE SYSTEMS (ESS)
2.8.2. RISING NUMBER OF ELECTRIC VEHICLES
2.8.3. INCREASING TREND TOWARDS ADOPTION OF UPS SYSTEMS AS AN ESSENTIAL POWER BACKUP
2.8.4. GROWING DEMAND FROM AUTOMOBILES SECTOR
2.9. MARKET RESTRAINTS
2.9.1. COMPLIANCE WITH THE BATTERY STANDARDS
2.9.2. LEAD-ACID BATTERIES NEGATIVELY IMPACTING ENVIRONMENT
2.10. MARKET OPPORTUNITIES
2.10.1. WIDESPREAD USAGE IN MOTIVE INDUSTRY APPLICATIONS
2.10.2. RISING DEMAND FOR RECHARGEABLE BATTERIES IN CONSUMER PRODUCTS
2.11. MARKET CHALLENGES
2.11.1. DEVELOPMENT OF SUPER CAPACITORS
2.11.2. FLUCTUATION IN RAW MATERIAL PRICES
2.11.3. EASY AVAILABILITY OF COUNTERFEIT BATTERIES
3. NORTH AMERICA BATTERY MARKET OUTLOOK - BY BATTERY TYPE
3.1. LEAD-ACID BATTERY
3.2. LITHIUM-ION BATTERY
3.3. NICKEL METAL HYDRIDE BATTERY
3.4. NICKEL CADMIUM BATTERY
3.5. OTHER BATTERIES
4. NORTH AMERICA BATTERY MARKET OUTLOOK - BY APPLICATION
4.1. AUTOMOTIVE
4.2. INDUSTRIAL
4.3. PORTABLE
5. NORTH AMERICA BATTERY MARKET - REGIONAL OUTLOOK
5.1. UNITED STATES
5.2. CANADA
6. COMPETITIVE LANDSCAPE
6.1. A123 SYSTEMS, LLC
6.2. C&D TECHNOLOGIES, INC. (ACQUIRED BY KPS CAPITAL PARTNER)
6.3. ENERSYS
6.4. DURACELL INTERNATIONAL, INC.
6.5. EAST PENN MANUFACTURING COMPANY, INC
6.6. LG CHEM LTD.
6.7. EVEREADY INDUSTRIES INDIA LTD.
6.8. BYD COMPANY LTD.
6.9. EXIDE TECHNOLOGIES
6.10. GS YUASA CORPORATION
6.11. HITACHI LTD.
6.12. JOHNSON CONTROLS
6.13. CROWN BATTERY MANUFACTURING COMPANY
6.14. NEC CORPORATION
6.15. PANASONIC CORPORATION
6.16. SAFT GROUPE S.A.
6.17. SHENZHEN BAK BATTERY CO., LTD.
6.18. MURATA MANUFACTURING CO., LTD.
6.19. SAMSUNG SDI CO., LTD.
6.20. TOSHIBA CORPORATION
7. RESEARCH METHODOLOGY & SCOPE
7.1. RESEARCH SCOPE & DELIVERABLES
7.2. SOURCES OF DATA
7.3. RESEARCH METHODOLOGY


TABLE LIST
TABLE 1: NORTH AMERICA BATTERY MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: REGULATORY FRAMEWORK
TABLE 4: WORLDWIDE SALES OF ELECTRIC VEHICLES IN 2017 (MONTHWISE SALES)
TABLE 5: COUNTRYWISE STOCK TARGETS OF ELECTRIC VEHICLE TILL 2020
TABLE 6: NORTH AMERICA BATTERY MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 7: NORTH AMERICA BATTERY MARKET, BY BATTERY TYPE, 2019-2027 (IN $ MILLION)
TABLE 8: NORTH AMERICA BATTERY MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)


FIGURE LIST
FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: INDUSTRY COMPONENTS
FIGURE 3: WORLDWIDE SALES OF LIGHT DUTY ELECTRIC VEHICLES, 2015-2024 (IN MILLION UNITS)
FIGURE 4: WORLDWIDE AUTOMOTIVE (CARS & COMMERCIAL VEHICLES) PRODUCTION, 2015-2020 (IN MILLION)
FIGURE 5: MOTOR VEHICLE PRODUCTION IN KEY GEOGRAPHIES, 2015 & 2016 (IN THOUSAND UNITS)
FIGURE 6: AVERAGE ANNUAL OPEC CRUDE OIL PRICE, 2010-2018 (IN $ PER BARREL)
FIGURE 7: AVERAGE PRICES FOR LEAD WORLDWIDE, 2014-2018 (IN $ PER METRIC TON)
FIGURE 8: AVERAGE LITHIUM CARBONATE PRICE, 2010-2017 (IN $ PER METRIC TON)
FIGURE 9: AVERAGE SELLING PRICE OF ZINC, JANUARY 2016-JANUARY 2017 (IN $/LB)
FIGURE 10: NORTH AMERICA BATTERY MARKET, BY LEAD-ACID BATTERY, 2019-2027 (IN $ MILLION)
FIGURE 11: NORTH AMERICA BATTERY MARKET, BY LITHIUM-ION BATTERY, 2019-2027 (IN $ MILLION)
FIGURE 12: NORTH AMERICA BATTERY MARKET, BY NICKEL METAL HYDRIDE BATTERY, 2019-2027 (IN $ MILLION)
FIGURE 13: NORTH AMERICA BATTERY MARKET, BY NICKEL CADMIUM BATTERY, 2019-2027 (IN $ MILLION)
FIGURE 14: NORTH AMERICA BATTERY MARKET, BY OTHER BATTERIES, 2019-2027 (IN $ MILLION)
FIGURE 15: NORTH AMERICA BATTERY MARKET, BY AUTOMOTIVE, 2019-2027 (IN $ MILLION)
FIGURE 16: NORTH AMERICA BATTERY MARKET, BY INDUSTRIAL, 2019-2027 (IN $ MILLION)
FIGURE 17: NORTH AMERICA BATTERY MARKET, BY PORTABLE, 2019-2027 (IN $ MILLION)
FIGURE 18: NORTH AMERICA BATTERY MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 19: UNITED STATES BATTERY MARKET, 2019-2027 (IN $ MILLION)
FIGURE 20: CANADA BATTERY MARKET, 2019-2027 (IN $ MILLION)