Marine Battery Market
Marine Battery Market - Global Industry Assessment & Forecast
#
Pages:
147
2022
Sep - 2023
VMR-VMR-2022-1113
Segments Covered
By
Application Commercial, Defense, Unmaned, Others
-
By
Battery Type Lithium-ion, Nickel Cadmium, Sodium, Fuel-Cell, Flooded, Gel, Lead-acid, Other Battery Types
-
By
Sales Channel OEM, Aftermarket
-
By
Design Solid State Batteries, Flow Batteries
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 0.5 Billion |
 Revenue 2030:
|
USD 1.9 Billion |
 Revenue CAGR
(2023 - 2030): |
21.30% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Europe |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Marine Battery Market by Application by Battery Type by Sales Channel by Design by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
After the secondary research, primary research was used to derive and estimate market numbers for mentioned segments/sub-segments in the Marine Battery market. During the primary data collection process, the secondary data was analyzed and revalidated through exhaustive primary research. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end0use industry, and estimate future trends within the market.
Data Triangulation and Market Size Estimations
Top-down and bottom-up approaches are used to validate and estimate the market size of the Marine Battery market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. The data was triangulated by employing various data models and statistical techniques to arrive at exact statistics and future market trends.
FAQ
Frequently Asked Question
What is the global demand for Marine Battery in terms of revenue?
-
The global Marine Battery valued at USD 0.5 Billion in 2022 and is expected to reach USD 1.9 Billion in 2030 growing at a CAGR of 21.30%.
Which are the prominent players in the market?
-
The prominent players in the market are Johnson Controls Inc., Exide Technologies, Northstar Battery Company, East Penn Manufacturing Co., EnerSys, Trojan Battery Company, Crown Battery Manufacturing Company, Rolls Battery Engineering, GS Yuasa Corporation and Saft Group S.A..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 21.30% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Marine Battery include
- Implementation of sulphur 2020 rule
Which region accounted for the largest share in the market?
-
Europe was the leading regional segment of the Marine Battery in 2022.
