Comparing 20 vendors in Battery Technology across 96 criteria.

Market Presence
Contenders Contenders
Market Leaders Market Leaders
Emerging Companies Emerging Companies
Innovators Innovators
Panasonic
Enersys
CATL
Duracell
Energizer
GS Yuasa
Lithium Werks
LG Chem
East Penn
Exide
Exide Industry
Saft
Showa Denko
Clarios
Chaowei
Toshiba
Shenzhen
BYD
Samsung SDI
Montana
Product Footprint
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POWERED BY MARKETSANDMARKETS
Mar 29, 2024
The Full List

The Full List

Company Headquarters Year Founded Holding Type
BYD
CATL
Chaowei
Clarios
Duracell
East Penn Lyon Station, USA 1946 Private
Energizer
Enersys Reading, USA 2000 Public
Exide
Exide Industry Kolkata, India 1947 Public
GS Yuasa
LG Chem Seoul, South Korea 1947 Public
Lithium Werks
Montana
Panasonic
Saft Levallois-Perret, France 1918 Private
Samsung SDI Yongin-si, South Korea 1970 Public
Shenzhen
Showa Denko Tokyo, Japan 1939 Public
Toshiba
 
Frequently Asked Questions (FAQs)
A battery is made up of at least two electrochemical cells. When connected to an electrical circuit through which an electrical current can flow, these electrochemical cells store energy in the form of chemical energy, which is turned into electrical energy.
The market is being driven by the expanding usage of electric and hybrid electric cars, as well as the rising adoption of battery technology in the renewable energy industry.
With a market share of 32.5 percent in 2021, China's CATL was the biggest lithium-ion battery manufacturer. With a market share of 21.5 percent, LG Chem came in second, followed by Panasonic with a market share of 14.7 percent.
Lithium-ion batteries, lead-acid batteries, and nickel-metal hydride batteries are among the most common technologies. By 2025, there will be a market opportunity of USD 152.3 billion.
Lithium-ion batteries, often known as li-ion batteries, are the most common and widely used batteries in today's globe.
Energy density, power density, charging time, longevity, cost, and sustainability are the most significant concerns in battery design. Researchers, developers, and designers can solve these issues using Multiphysics simulation.
A battery management system is essential for lithium-ion battery applications ranging from phones to electric cars. Without a battery management system, one of the many units could be overcharged, leading it to fail or even catch fire. Fundamental physics and chemistry are the battery's ultimate limits, which are more difficult to overcome than management-system software issues. As a result, batteries continue to be more significant than battery management systems.
Engineers at The University of Texas at Austin have developed a sodium-sulphur battery that overcomes one of the most significant barriers to the technology being a commercially viable alternative to the ubiquitous lithium-ion batteries that power everything from smartphones to electric vehicles.
 
Research Methodology
Research Methodology

360 Quadrants

360 Quadrants is a scientific research methodology by MarketsandMarkets to understand market leaders in 6000+ micro markets

360 Quadrants

360 Quadrants is a scientific research methodology by MarketsandMarkets to understand market leaders in 6000+ micro markets

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