Battery Markets in the US by Application and End User
US demand for batteries is projected to increase 4.4 percent per year to $17.7 billion in 2020. An expansion in domestic production of hybrid and electric vehicles (H/EVs) will boost demand for high-value rechargeable batteries, while a graying US population will support demand for single-use batteries used in hearing aids and implantable medical devices.
This report covers battery demand by application and end user. Data are presented in dollar value.
Battery applications covered in this study include:
Backup power supplies
Mowers, tractors, and industrial trucks
Battery end users covered in this study include:
Scope of the Report
This report covers the scope, size, and growth of the US battery market including key trends in applications and market segmentation. Historical data are provided for 2005, 2010, and 2015 with forecasts for 2020 and 2025, with year-by-year historical market volatility also addressed. Data are provided in dollar terms. Also included is an analysis of the industry key players and their market shares.