Rechargeable Batteries Market is segmented By Battery Type (Lithium-ion Batteries, Lead-acid Batteri...
Market Size in USD Bn
CAGR6.1%
Study Period | 2025-2032 |
Base Year of Estimation | 2024 |
CAGR | 6.1% |
Market Concentration | High |
Major Players | Samsung SDI Co., Ltd., Panasonic Corporation, Sony Corporation of America, LG Energy Solution Ltd., Contemporary Amperex Technology Co., Limited (CATL) and Among Others |
The rechargeable batteries market is estimated to be valued at USD 131.34 Bn in 2025 and is expected to reach USD 198.79 Bn by 2032. It is projected to grow at a compound annual growth rate (CAGR) of 6.1% from 2025 to 2032.
The rechargeable batteries market is expected to witness positive growth trends due to factors such as rising demand for electric vehicles, increasing adoption of smartphones and tablets, growing focus on renewable energy sources, and improving charging infrastructure.