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The significant factors contributing to the growth of the global battery technology market include the increasing usage of electric and hybrid electric vehicles globally, rising adoption of battery technologies in the renewable energy sector, and the emerging demand for automation and battery-operated material handling equipment in different industries. <br><br>Visit:u00a0https://www.gmiresearch.com/report/global-battery-technologies-market/
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Report Title Battery Technology Market – Global Opportunities & Forecast, 2020-2027 GMI Research GMI Research See the Future Insights 1
The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study. Key Drivers of the Battery Technology Market: The significant factors contributing to the growth of the global battery technology market include the increasing usage of electric and hybrid electric vehicles globally, rising adoption of battery technologies in the renewable energy sector, and the emerging demand for automation and battery-operated material handling equipment in different industries. Moreover, the growing deployment of batteries in the utility sector is further bolstering the growth of the market during the forecast period. With the rapid automation in gadgets and portable electronic devices, there has been an upsurge in demand for batteries. In addition to this, the technological advancement in batteries, include the advancements in microelectronic battery and the charger controller technology, which is attracting new customer base into the market over the forecast period. On the other hand, the rising number of legislation to limit the usage of lead, mercury, and calcium in the manufacturing procedure will hinder the growth of the market. This report splits the Battery Technology Market as follows: By Technology: •Lithium-Ion Battery o The market for Lithium-Ion Battery, By Type ▪ Lithium Nickel Manganese Cobalt (LI-NMC) ▪ Lithium Iron Phosphate (LFP) ▪ Lithium Cobalt Oxide (LCO) ▪ Lithium Titanate Oxide (LTO) ▪ Lithium Manganese Oxide (LMO) ▪ Lithium Nickel Cobalt Aluminum Oxide (NCA) •Lead Acid Battery 2
o The market for Lead Acid Battery, By Type ▪ Flooded Lead-Acid Battery ▪ VRLA Technology •Nickel Metal Hydride Battery •Others By Application: •Power & Utilities •Transportation •Industrial •Commercial & Residential •Consumer Electronics •Medical By Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) 3
Competitive Landscape: The battery technology market report also scans the competitive landscape and profiles the major players operating in the market, including Panasonic Corporation, Samsung, Clarios, GS Yuasa International Ltd., CATL, Chaowei Power Holding Limited, BYD Company, LG, Hitachi Chemical, and Enersys, among others. About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 4