Global Solar Batteries Industry Forecast to 2027 | COVID-19 Revised | Lithium-Ion Batteries Market Expected to Reach $9 Billion by the End of 2027

Dublin, June 29, 2020 (GLOBE NEWSWIRE) — The “Solar Batteries – Global Market Trajectory & Analytics” report has been added to’s offering. Amid the COVID-19 crisis and the looming economic recession, the Solar Batteries market worldwide will grow by a projected US$11.2 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 15%.The global analysis and forecast periods covered are 2020-2027 (current & future analysis) and 2012-2019 (historic review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.Lithium-Ion Batteries, one of the segments analyzed and sized in this study, is forecast to grow at over 18.1% and reach a market size of US$9 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Lithium-Ion Batteries market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.As part of the new emerging geographic scenario, the United States is forecast to readjust to a 12.7% CAGR. Within Europe, Germany will add over US$407.3 Million to the region’s size over the next 7 to 8 years. In addition, over US$341.3 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the Lithium-Ion Batteries segment will reach a market size of US$287.4 Million by the close of the analysis period.Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Solar Batteries market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 20.6% over the next couple of years and add approximately US$2.2 Billion in terms of addressable market opportunity.Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Solar Batteries market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.Competitors identified in this market include, among others: A123 Systems LLCAlpha Technologies, Inc.BAE Batterien GmbHBattery Energy Power Solutions Pty.Betta Batteries Europe B.V.BYD Co. Ltd.C&D Technologies, Inc.East Penn Manufacturing Co. Inc.EnerSysExide TechnologiesGS Yuasa CorporationHBL Power Systems Ltd.LG ChemSAFTSamsung SDI Co. LtdSystems Sunlight S.A. Key Topics Covered I. INTRODUCTION, METHODOLOGY & REPORT SCOPEII. EXECUTIVE SUMMARY1. MARKET OVERVIEW Global Competitor Market SharesSolar Batteries Competitor Market Share Scenario Worldwide (in %): 2019 & 2025Impact of COVID-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVEIII. MARKET ANALYSISIV. COMPETITION Total Companies Profiled: 54 For more information about this report visit Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. CONTACT:
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Leave a Reply

%d bloggers like this: