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Low Voltage Battery-Global Market Insights and Sales Trends 2025
Synopsis
The global Low Voltage Battery market size is expected to reach US$ 969.2 million by 2029, growing at a CAGR of 5.7% from 2023 to 2029. The market is mainly driven by the significant applications of Low Voltage Battery in various end use industries. The expanding demands from the Automobiles, Electronic Devices and Other,, are propelling Low Voltage Battery market. Single Use, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Rechargeable segment is estimated at % CAGR for the next seven-year period.
In order to solve the economic, social and environmental problems related to batteries, the European Union officially implemented the "New Battery Law" on January 1, 2022, which put forward clear requirements for the sustainability, safety and carbon footprint of batteries. Lithium battery consumption in Western Europe is mainly concentrated in Germany, Britain, France and other countries, with an average annual growth rate of 3%-5%. In 2020, European countries will launch new energy subsidies, and sales will increase by 300% within two years from 2020 to 2021. The United States officially implemented the "Inflation Reduction Act" on January 1, 2023. The bill focuses on supporting industries such as electric vehicles and energy storage. For the first time, the bill includes independent energy storage in the scope of subsidies. In 2021, the United States Advanced Battery Alliance (FCAB) released the "National Lithium Battery Blueprint 2021-2030", pointing out that the United States should focus on the research and development and application of lithium batteries. China's policy on lithium batteries is mainly focused on lithium-ion batteries. In 2015, in order to strengthen the management of the lithium-ion battery industry and improve the level of industry development, China formulated the "Regulations for the Lithium-ion Battery Industry".
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Low Voltage Battery, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Low Voltage Battery market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Low Voltage Battery market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Low Voltage Battery sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Low Voltage Battery covered in this report include C&D TECHNOLOGIES, GS Yuasa International, Exide Technologies, East Penn Manufacturing Company, Foxess, The Furukawa Battery and Nuvation Research Corporation, etc.
The global Low Voltage Battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
C&D TECHNOLOGIES
GS Yuasa International
Exide Technologies
East Penn Manufacturing Company
Foxess
The Furukawa Battery
Nuvation Research Corporation
Global Low Voltage Battery market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Low Voltage Battery market, Segment by Type:
Single Use
Rechargeable
Global Low Voltage Battery market, by Application
Automobiles
Electronic Devices
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Low Voltage Battery manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Low Voltage Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Low Voltage Battery market size is expected to reach US$ 969.2 million by 2029, growing at a CAGR of 5.7% from 2023 to 2029. The market is mainly driven by the significant applications of Low Voltage Battery in various end use industries. The expanding demands from the Automobiles, Electronic Devices and Other,, are propelling Low Voltage Battery market. Single Use, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Rechargeable segment is estimated at % CAGR for the next seven-year period.
In order to solve the economic, social and environmental problems related to batteries, the European Union officially implemented the "New Battery Law" on January 1, 2022, which put forward clear requirements for the sustainability, safety and carbon footprint of batteries. Lithium battery consumption in Western Europe is mainly concentrated in Germany, Britain, France and other countries, with an average annual growth rate of 3%-5%. In 2020, European countries will launch new energy subsidies, and sales will increase by 300% within two years from 2020 to 2021. The United States officially implemented the "Inflation Reduction Act" on January 1, 2023. The bill focuses on supporting industries such as electric vehicles and energy storage. For the first time, the bill includes independent energy storage in the scope of subsidies. In 2021, the United States Advanced Battery Alliance (FCAB) released the "National Lithium Battery Blueprint 2021-2030", pointing out that the United States should focus on the research and development and application of lithium batteries. China's policy on lithium batteries is mainly focused on lithium-ion batteries. In 2015, in order to strengthen the management of the lithium-ion battery industry and improve the level of industry development, China formulated the "Regulations for the Lithium-ion Battery Industry".
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Low Voltage Battery, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Low Voltage Battery market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Low Voltage Battery market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Low Voltage Battery sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Low Voltage Battery covered in this report include C&D TECHNOLOGIES, GS Yuasa International, Exide Technologies, East Penn Manufacturing Company, Foxess, The Furukawa Battery and Nuvation Research Corporation, etc.
The global Low Voltage Battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
C&D TECHNOLOGIES
GS Yuasa International
Exide Technologies
East Penn Manufacturing Company
Foxess
The Furukawa Battery
Nuvation Research Corporation
Global Low Voltage Battery market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Low Voltage Battery market, Segment by Type:
Single Use
Rechargeable
Global Low Voltage Battery market, by Application
Automobiles
Electronic Devices
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Low Voltage Battery manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Low Voltage Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Low Voltage Battery Market Overview
1.1 Low Voltage Battery Product Overview
1.2 Low Voltage Battery Market Segment by Type
1.2.1 Single Use
1.2.2 Rechargeable
1.3 Global Low Voltage Battery Market Size by Type
1.3.1 Global Low Voltage Battery Market Size Overview by Type (2018-2029)
1.3.2 Global Low Voltage Battery Historic Market Size Review by Type (2018-2023)
1.3.3 Global Low Voltage Battery Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Low Voltage Battery Sales Breakdown by Type (2018-2023)
1.4.2 Europe Low Voltage Battery Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Low Voltage Battery Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Low Voltage Battery Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Low Voltage Battery Sales Breakdown by Type (2018-2023)
2 Global Low Voltage Battery Market Competition by Company
2.1 Global Top Players by Low Voltage Battery Sales (2018-2023)
2.2 Global Top Players by Low Voltage Battery Revenue (2018-2023)
2.3 Global Top Players by Low Voltage Battery Price (2018-2023)
2.4 Global Top Manufacturers Low Voltage Battery Manufacturing Base Distribution, Sales Area, Product Type
2.5 Low Voltage Battery Market Competitive Situation and Trends
2.5.1 Low Voltage Battery Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Low Voltage Battery Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Low Voltage Battery as of 2022)
2.7 Date of Key Manufacturers Enter into Low Voltage Battery Market
2.8 Key Manufacturers Low Voltage Battery Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Low Voltage Battery Status and Outlook by Region
3.1 Global Low Voltage Battery Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Low Voltage Battery Historic Market Size by Region
3.2.1 Global Low Voltage Battery Sales in Volume by Region (2018-2023)
3.2.2 Global Low Voltage Battery Sales in Value by Region (2018-2023)
3.2.3 Global Low Voltage Battery Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Low Voltage Battery Forecasted Market Size by Region
3.3.1 Global Low Voltage Battery Sales in Volume by Region (2024-2029)
3.3.2 Global Low Voltage Battery Sales in Value by Region (2024-2029)
3.3.3 Global Low Voltage Battery Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Low Voltage Battery by Application
4.1 Low Voltage Battery Market Segment by Application
4.1.1 Automobiles
4.1.2 Electronic Devices
4.1.3 Other
4.2 Global Low Voltage Battery Market Size by Application
4.2.1 Global Low Voltage Battery Market Size Overview by Application (2018-2029)
4.2.2 Global Low Voltage Battery Historic Market Size Review by Application (2018-2023)
4.2.3 Global Low Voltage Battery Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Low Voltage Battery Sales Breakdown by Application (2018-2023)
4.3.2 Europe Low Voltage Battery Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Low Voltage Battery Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Low Voltage Battery Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Low Voltage Battery Sales Breakdown by Application (2018-2023)
5 North America Low Voltage Battery by Country
5.1 North America Low Voltage Battery Historic Market Size by Country
5.1.1 North America Low Voltage Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Low Voltage Battery Sales in Volume by Country (2018-2023)
5.1.3 North America Low Voltage Battery Sales in Value by Country (2018-2023)
5.2 North America Low Voltage Battery Forecasted Market Size by Country
5.2.1 North America Low Voltage Battery Sales in Volume by Country (2024-2029)
5.2.2 North America Low Voltage Battery Sales in Value by Country (2024-2029)
6 Europe Low Voltage Battery by Country
6.1 Europe Low Voltage Battery Historic Market Size by Country
6.1.1 Europe Low Voltage Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Low Voltage Battery Sales in Volume by Country (2018-2023)
6.1.3 Europe Low Voltage Battery Sales in Value by Country (2018-2023)
6.2 Europe Low Voltage Battery Forecasted Market Size by Country
6.2.1 Europe Low Voltage Battery Sales in Volume by Country (2024-2029)
6.2.2 Europe Low Voltage Battery Sales in Value by Country (2024-2029)
7 Asia-Pacific Low Voltage Battery by Region
7.1 Asia-Pacific Low Voltage Battery Historic Market Size by Region
7.1.1 Asia-Pacific Low Voltage Battery Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Low Voltage Battery Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Low Voltage Battery Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Low Voltage Battery Forecasted Market Size by Region
7.2.1 Asia-Pacific Low Voltage Battery Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Low Voltage Battery Sales in Value by Region (2024-2029)
8 Latin America Low Voltage Battery by Country
8.1 Latin America Low Voltage Battery Historic Market Size by Country
8.1.1 Latin America Low Voltage Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Low Voltage Battery Sales in Volume by Country (2018-2023)
8.1.3 Latin America Low Voltage Battery Sales in Value by Country (2018-2023)
8.2 Latin America Low Voltage Battery Forecasted Market Size by Country
8.2.1 Latin America Low Voltage Battery Sales in Volume by Country (2024-2029)
8.2.2 Latin America Low Voltage Battery Sales in Value by Country (2024-2029)
9 Middle East and Africa Low Voltage Battery by Country
9.1 Middle East and Africa Low Voltage Battery Historic Market Size by Country
9.1.1 Middle East and Africa Low Voltage Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Low Voltage Battery Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Low Voltage Battery Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Low Voltage Battery Forecasted Market Size by Country
9.2.1 Middle East and Africa Low Voltage Battery Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Low Voltage Battery Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 C&D TECHNOLOGIES
10.1.1 C&D TECHNOLOGIES Company Information
10.1.2 C&D TECHNOLOGIES Introduction and Business Overview
10.1.3 C&D TECHNOLOGIES Low Voltage Battery Sales, Revenue and Gross Margin (2018-2023)
10.1.4 C&D TECHNOLOGIES Low Voltage Battery Products Offered
10.1.5 C&D TECHNOLOGIES Recent Development
10.2 GS Yuasa International
10.2.1 GS Yuasa International Company Information
10.2.2 GS Yuasa International Introduction and Business Overview
10.2.3 GS Yuasa International Low Voltage Battery Sales, Revenue and Gross Margin (2018-2023)
10.2.4 GS Yuasa International Low Voltage Battery Products Offered
10.2.5 GS Yuasa International Recent Development
10.3 Exide Technologies
10.3.1 Exide Technologies Company Information
10.3.2 Exide Technologies Introduction and Business Overview
10.3.3 Exide Technologies Low Voltage Battery Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Exide Technologies Low Voltage Battery Products Offered
10.3.5 Exide Technologies Recent Development
10.4 East Penn Manufacturing Company
10.4.1 East Penn Manufacturing Company Company Information
10.4.2 East Penn Manufacturing Company Introduction and Business Overview
10.4.3 East Penn Manufacturing Company Low Voltage Battery Sales, Revenue and Gross Margin (2018-2023)
10.4.4 East Penn Manufacturing Company Low Voltage Battery Products Offered
10.4.5 East Penn Manufacturing Company Recent Development
10.5 Foxess
10.5.1 Foxess Company Information
10.5.2 Foxess Introduction and Business Overview
10.5.3 Foxess Low Voltage Battery Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Foxess Low Voltage Battery Products Offered
10.5.5 Foxess Recent Development
10.6 The Furukawa Battery
10.6.1 The Furukawa Battery Company Information
10.6.2 The Furukawa Battery Introduction and Business Overview
10.6.3 The Furukawa Battery Low Voltage Battery Sales, Revenue and Gross Margin (2018-2023)
10.6.4 The Furukawa Battery Low Voltage Battery Products Offered
10.6.5 The Furukawa Battery Recent Development
10.7 Nuvation Research Corporation
10.7.1 Nuvation Research Corporation Company Information
10.7.2 Nuvation Research Corporation Introduction and Business Overview
10.7.3 Nuvation Research Corporation Low Voltage Battery Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Nuvation Research Corporation Low Voltage Battery Products Offered
10.7.5 Nuvation Research Corporation Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Low Voltage Battery Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Low Voltage Battery Industrial Chain Analysis
11.4 Low Voltage Battery Market Dynamics
11.4.1 Low Voltage Battery Industry Trends
11.4.2 Low Voltage Battery Market Drivers
11.4.3 Low Voltage Battery Market Challenges
11.4.4 Low Voltage Battery Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Low Voltage Battery Distributors
12.3 Low Voltage Battery Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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