USD 150 BN OF POTENTIAL OPPORTUNITY IS OPENING UP BATTERY INDUSTRY
Download PDFDisruption – Battery with newer and innovative chemistry and its applications in electric vehicle are the next big trend – more than Usd 150 Billion of potential opportunity is opening up in the battery space
Disruption – Battery with newer and innovative chemistry and its applications in electric vehicle are the next big trend – more than Usd 150 Billion of potential opportunity is opening up in the battery space
The growth of battery Market could be attributed to the rising demand from various sectors such as electric vehicles, data centers, electric utilities, and in other renewable sectors
TOP Battery GROWTH STORIES
MARKETSANDMARKETS PROVIDED CONSULTATION TO A LITHIUM-ION BATTERY PROVIDER TO ASSESS THE MANUFACTURING INDUSTRIES MARKET SCENARIO THAT COULD INCREASE THEIR REVENUE BY >USD 50 MILLION IN 5 YEARS
Download PDF
MARKETSANDMARKETS HELPED AN ELECTRIC SCOOTER COMPANY TO IDENTIFY THE BEST LITHIUM-ION BATTERY PROVIDER; CREATING A REVENUE OPPORTUNITY OF >US$ 20 MILLION IN 5-6 YEARS
Download PDF
MARKETSANDMARKETS PROVIDED DETAIL ANALYSIS OF PATENT WITH REGARDS TO DIFFERENT TYPE OF BATTERY CHEMISTRY ACROSS GLOBE; CREATING AN OPPORTUNITY OF >USD 20 MILLION IN NEXT 4-5 YEARS
Download PDFGlobal Battery MARKET IS ESTIMATED TO GROW AT A CAGR Of more than 10% IN THE COMING 5-6 YEARS, R&D activities is expected to offer new and improved version of batteries with higher battery specification
Global Battery MARKET IS ESTIMATED TO GROW AT A CAGR Of more than 10% IN THE COMING 5-6 YEARS, R&D activities is expected to offer new and improved version of batteries with higher battery specification
THERE IS an opportunity of approximately more than USD 90 billion in the ecosystem of lithium-ion battery; majority of its demand is from consumer and electric vehicle application
Transportation and industrial application are some of biggest battery market; application in consumer electronics is expected to grow at high CAGR in next 5-6 years
ADDITIONALLY, WE HAVE ASSISTED A HOST OF battery manufacturing company to TAP HIGH GROWTH OPPORTUNITIES ACROSS EMERGING END-USERS, GEOGRAPHIES & COMPETITION
WHY DO COMPANIES NEED HELP TO GROW?
Customer prioritization and assessing unmet needs:
- What are the disruptions in our clients’ businesses? How can we support them for our own growth?
- Who are the most potential customers going forward? Should we prioritize consumer good and retail, medical & life sciences, IT & telecom, industrial & manufacturing applications or aerospace & defense companies?
- What are the key unmet needs of customers? Who are the key stakeholders in different settings? Do vendor selection criteria differ by settings? Which new service offerings should be added to the existing service line?
Where to Play:
- Which applications and technologies should we focus on? Should it be AI, big data, autonomous vehicles, EVs, IoT, or any other?
- Which regions should we place our bets on? Should we continue with developed countries or do developing countries offer more growth opportunities?
Building a compelling Right to Win (RTW):
- For M&A, which are the right targets for us? Should we target saller regional TIC service providers with wide customer reach or the test and measurement companies? Should we enter new markets directly or through partners?
- How can we differentiate from top players? What is their right-to-win vs ours?
SOME UNKNOWNS & ADJACENCIES
- Adoption levels of newer enabling technologies is low. However, slowly it is being implemented at various industries; both as green and brown field projects. Before COVID-19 implementation of enabling technology was just a pilot project but after that it has become a mandatory technology to be implemented in the factory shop floor.
- Increase focus on monitoring using various technology and equipment is driving the market
- Markets such as Electric Vehicle, Smart Grid, Renewable Energy, Solar Inverter Battery and Telecom Network Infrastructure along with 5G are in huge demand in the cosystem of smart manufacturing
- Most of the demand for the implementation of newer enabling technologies is expected to APAC region
GROWTH PROBLEMS ENCOUNTERED BY Battery COMPANIES
Customer prioritization and assessing unmet needs:
- What are the disruptions in our clients’ businesses? How can we support them for our own growth?
- Who are the most potential customers going forward? Should we prioritize consumer electronics, healthcare, transportation or industrial applications companies?
- What are the key unmet needs of customers? Who are the key stakeholders in different settings? Do vendor selection criteria differ by settings? Which new chemistry should be adopted for the development of battery?
Where to Play:
- Which applications and chemistry should we focus on? Should it be lithium ion, solid state battery or any other?
- Which regions should we place our bets on? Should we continue with developed countries or do developing countries offer more growth opportunities?
Building a compelling Right to Win (RTW):
- For M&A, which are the right targets for us?
- Should we target lithium-ion battery manufacturer or battery start-up companies having different battery chemistry? Should we enter new markets directly or through partners?
OBSTACLES TO GROWTH FOR CURRENT PLAYERS
- Not able to keep pace with fast evolving lithium-ion battery industry – New battery chemistry are leading to enhanced battery specification
- Many start-ups and emerging companies eating up market share of established companies
- Unclear picture about the government support (both policies and funding and battery recycling regulation
KEY UNCERTAINTIES/ PERSPECTIVES WHICH INDUSTRY LEADERS SEEK ANSWERS TO:
KEY QUESTIONS OF Battery COMPANIES
- Which battery chemistry will be relevant and redundant in the next 5 years?
- Can new and advanced battery become affordable?
- How can companies optimize the manufacturing processes of new battery which have higher specification?
- What regulatory policies can help strategize and achieve higher sales?
KEY QUESTIONS OF COMPANIES IN ADJACENT MARKETS
- What are the regulations surrounding battery recycling?
- How renewable energy is dependent on new and advanced battery technology to store the energy when not needed
- How are companies handling the availability of raw material for battery?
- What will be the impact of implementation of hydrogen fuel cell in battery market?
LEADERS ACROSS VARIOUS FUNCTIONS IN battery COMPANIES NEED HELP IN TACKLING BELOW INTERCONNECTED REVENUE RELATED PROBLEMS (1)
LEADERS ACROSS VARIOUS FUNCTIONS IN battery COMPANIES NEED HELP IN TACKLING BELOW INTERCONNECTED REVENUE RELATED PROBLEMS (2)
LEADERS ACROSS VARIOUS FUNCTIONS IN battery COMPANIES NEED HELP IN TACKLING BELOW INTERCONNECTED REVENUE RELATED PROBLEMS (3)
What is driving change
in your business
- Product life cycles getting shorter.
- Ecosystems getting converged.
- Newer technologies and new use-cases disrupting.
- New markets, new geographies, new clients, competition and partners.
Are changes only impacting you or your clients and their clients as well?
The trial will be a guided tour by our representative to help you discover the shift in revenue sources of your clients and clients' clients that will impact your revenue. This is your opportunity to unlock the research IP worth $100 million
Ri story: for A multinational corporation and a leader in Battery markets, we helped client to accelerate market capture by 6-12 months IN consumer electronics
RI STORY: MNM PROVIDED CONSULTATION TO A LITHIUM-ION BATTERY PROVIDER TO ASSESS THE MANUFACTURING INDUSTRIES MARKET SCENARIO THAT COULD INCREASE THEIR REVENUE BY >USD 50 MILLION IN 5 YEARS
RI STORY: FOR AN ELECTRIC SCOOTER COMPANY, MNM HELPED THE CLIENT IDENTIFY THE BEST LITHIUM-ION BATTERY PROVIDER; CREATING A REVENUE OPPORTUNITY OF >US$ 20 MILLION IN 5-6 YEARS
THE FOCUS OF MNM RESEARCH IS ON HIGH-GROWTH MARKETS AND EMERGING battery TECHNOLOGIES, WHICH WILL BECOME ~80% OF THE REVENUES OF battery PLAYERS IN THE NEXT 5–10 YEARS
INDICATIVE LIST OF OTHER PROJECTS EXECUTED FOR Battery COMPANIES:
- STUDY
- Absorbent Glass Mat (AGM) Battery Market
- Aircraft Battery Market
- Automotive Battery Thermal Management System Market
- Automotive Lead Acid Batteries Market
- Battery Additives Market
- Battery Coating Market
- Battery Electrolyte Market
- Battery Energy Storage System Market
- Battery Management System Market
- Battery Market for IoT
- Lithium-ion Battery Recycling Market
- Marine Battery Market
- Metal-air Battery Market
- Battery Materials Market
- Battery Monitoring System Market
- Battery Packaging Market
- Battery Recycling Market
- Battery Sensor Market
- Battery Separators Market
- Battery Technology Market
- Drone Battery Market
- EV Battery Market
- Flexible Battery Market
- Micro Battery Market
- Military Battery Market
- Nanowire Battery Market
- Flow Battery Market
- Global Battery Market
- Graphene Battery Market
- Grid-Scale Battery Market
- High Voltage Battery Market
- Industrial Batteries Market
- Lead Acid Battery Market
- Lithium Iron Phosphate Batteries Market
- Lithium-Ion Battery Anode Market
- Lithium-Ion Battery Market
- Portable Battery Pack Market
- Silicon Battery Market
- Solid State Battery Market
- Train Battery Market
RI STORY: MNM PROVIDED DETAIL ANALYSIS OF PATENT WITH REGARDS TO DIFFERENT TYPE OF BATTERY CHEMISTRY ACROSS GLOBE; CREATING AN OPPORTUNITY OF >USD 20 MILLION IN NEXT 4-5 YEARS
impacting you and
your clients
Battery COMPANIES
VP – Product Development
Leading provider of lithium-ion
MarketsandMarkets response is quick. Their attitude is flexible and positive. Analyst insight are globally considered and significant. Client service team quickly respond to our inquiry and demand. Their wide range of global survey helps us make our strategic plan. We hope KS will be easier to search for a report.
Director – Marketing,
Leading provider of Battery Raw Material
MarketsandMarkets offers a unique combination of expertise and dedicated engagement model. The analyst and client servicing team at MnM is extremely supportive and flexible, the analytical capability are commendable. The business insights were very detailed and aligned well with our expectation. We were thoroughly impressed with their approach and continue to partner on revenue impact.
Second Panel
Third Panel
