Global Battery Technology market will reach 95500 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/6/10

A battery is a rechargeable battery that supplies electric energy to vehicle.

Of the major players of Battery Technology, Johnson Controls maintained its first place in the ranking in 2017. Johnson Controls accounted for 14.05 % of the Global Battery Technology revenue market share in 2017. Other players accounted for 6.49 %, 5.73 % including Chaowei Power and GS Yuasa.

In this study, the market for Battery Technology consumption divided into five geographic regions: In North America, total Battery Technology accounted for 20.69 %. In the Europe, total Battery Technology accounted for 24.72 %.

In 2018, the global Battery Technology market size was 60300 million US$ and it is expected to reach 95500 million US$ by the end of 2025, with a CAGR of 6.8% between 2019 and 2025.

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