The Batteries Global Market Report 2023, provides comprehensive information on the batteries market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Batteries Market’s Growth:
https://www.thebusinessresearchcompany.com/report/batteries-global-market-report
As per The Business Research Company’s Batteries Global Market Report 2023, the global batteries market size grew from $93.71 billion in 2022 to $103.87 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The batteries industry is expected to grow to $153.86 billion in 2027 at a CAGR of 10.3%.
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The batteries market is segmented:
1) By Type: Secondary Batteries, Primary Batteries
2) By Application: Automotive Batteries, Industrial Batteries, Portable Batteries, Power Tools Batteries, SLI Batteries, Other Applications
3) By Sales Channel: OEM, Aftermarket
4) By Mode: Online, Offline
Asia-Pacific was the largest region in the batteries market in 2022.
The table of contents in TBRC’s batteries market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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