Battery Technology Market | CLARIOS (US), Panasonic Corporation (Japan), Samsung SDI (South Korea) are Major Players

The report "Battery Technology Market by Technology Type (Lithium-Ion Battery, Lead Acid Battery, Nickel Metal Hydride Battery, Other Battery Technologies), Application (Power & Utilities, Transportation, Consumer Electronics) and Region - Global Forecast to 2025",global battery technology market size is projected to grow from USD 92.0 billion in 2020 to USD 152.3 billion by 2025, at a CAGR of 10.6%. Major factors fueling the market growth include rising adoption of battery technology in the renewable energy industry, surging demand for automation and battery-operated material-handling equipment in industries, the growing use of electric and hybrid electric vehicles, increasing deployment of batteries in the utilities sector.

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The battery technology market in APAC to grow at highest CAGR during the forecast period

The adoption of battery technology is high in APAC as the region mainly comprises developing economies such as China and India, which have a huge potential for many application areas within the battery technology market. The presence of several electronic manufacturers such as Panasonic Corp. (Japan), Samsung SDI Co., Ltd. (South Korea), Contemporary Amperex Technology (China), BYD Auto Co., Ltd. (China), and LG Electronics Inc. (South Korea) is one of the key factors driving the market for batteries in APAC. The region has become an attractive automotive market. In recent years, it has emerged as a hub for automobile production. Recent infrastructure developments and industrialization activities in emerging nations have opened new avenues and opportunities for OEMs.

Key Market Players

As of 2019, Clarios (US), Panasonic Corporation (Japan), Samsung SDI (South Korea), Chaowei Power (China), Contemporary Amperex Technology (China), Enersys (US), LG Chem (South Korea), BYD Company (China), Hitachi Chemical (Japan) dominated the global battery technology market.

CLARIOS (US)

Clarios, formerly known as Johnson Controls Power Solutions, is one of the leading advanced energy storage solutions providers. Johnson Controls Power Solutions, the battery division of Johnson Controls International Inc., was acquired by Brookfield Business Partners and was renamed Clarios on May 1, 2019. Clarios offers automotive batteries globally under private labels and company brand names like Varta, Optima, LTH, Delkor, Baterias MAC, and Heliar. The company has a presence in more than 150 countries in North America, Europe, and Asia Pacific. The company focuses on expanding its product portfolio to meet the varying needs of its customers across various end-use applications. For instance, in April 2019, Clarios announced its novel VARTA Silver Dynamic Auxiliary battery range in the European market, and, in March 2019, it introduced its new VARTA Powersports batteries for motorcycle and leisure applications.

Panasonic Corporation (Japan)

Panasonic is a multinational conglomerate comprising 582 consolidated companies across the world. The company operates through four business segments: Appliances, Eco Solutions, Connected Solutions, and Automotive & Industrial Systems. The batteries & energy products subdivision produces a vast array of rechargeable and non-rechargeable batteries for industrial use, including lead-acid, lithium-ion, nickel-metal hydride, nickel-cadmium, coin, lithium, and alkaline technologies. The company focuses on inorganic strategies such as joint ventures and collaborations to target emerging and rapidly growing markets. For instance, in January 2019, it agreed to establish a joint venture with Toyota Motor Corporation related to the automatic prismatic battery business. The company plans to refine its batteries for the automotive segment and focus on the Chinese market, where it has growth potential for EVs and commercial and passenger vehicles

Samsung SDI (South Korea)

Samsung SDI, a unit of the Samsung group, manufactures secondary cells and plasma display panels. The company started its secondary Li-ion battery business in 2000; since then, Li-ion battery manufacturing has become its core business. SDI operates in two major business segments: Energy Solutions and Electronics Materials. The Energy Solutions segment includes small-sized li-on batteries, automotive batteries, and ESS (Energy Storage System) products, while the Electronics Materials segment includes semiconductors and display materials products. Samsung SDI has a strong market position in the battery technology market. The company undertakes intensive R&D activities to improve the performance of existing materials, develop new and innovative materials, and enhance the efficiency of secondary cells. It invested 6.6% of the total revenue in 2018 in R&D activities.

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4K Display Resolution Market Analysis: worth $371.35 Billion by 2020

4K refers to 4,000 pixels in several digital formats of horizontal resolution mainly used for shooting motion pictures in addition to scanning 35 mm film into digital. 4K products are used in various applications like aerospace & defense, business & education, consumer electronics, entertainment, retail & advertisement, and so on. When compared to other products, smart TVs and digital cameras are showing significant growth rate. The cinematographers are also showing interest in capturing high resolution images which can drive the 4K camera market in the coming years. The major challenge is the increase in bandwidth which leads to storage requirement while streaming 4k display resolution pictures and videos.

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Browse 102 market data tables and 46 figures spread through 320 pages and in-depth TOC on “4K Display Resolution Market by Product Types (Digital Camera, Monitor, Projectors, Smart TV, Smartphone and Tablets ), by Resolution, by Application (Aerospace & Defense, Business & Education, Consumer Electronics, and Entertainment), and by Geography - Analysis & Forecast to 2014 - 2020”
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The 4k display resolution product types include camcorders, smart TVs, projectors, digital cameras, monitors, smartphones & tablets, and others. The smart TVs are expected to witness a high growth rate in the coming two to three years because of the demand of large screen TVs which can capture the 4K market. The 4K market is expected to reach $371.35 billion in 2020 from $57.83 billion in 2014, at a CAGR of 36.33% from 2014 to 2020.

The report also presents the market trends which depicts the growth of the 4k display resolution market from 2014 to 2020. The report presents detail analysis of different segments for global which includes product types, resolutions, application, and geography. The analysis of global is done with special focus on high growth application in each vertical and fast growing application market segment. Illustrative segmentation, analysis, and forecast of the major geographical markets give an overall view of the global market.

The major companies are AU Optronics Corp (Taiwan), EIZO Corporation (Japan), Sony Corporation (Japan), LG Electronics (South Korea), Panasonic Corporation (Japan), Sharp Corporation (Japan), and Samsung Electronics Co., Ltd. (South Korea).

Market by Product Type:

The product type market includes; camcorders, smart TVs, projectors, digital cameras, monitors, smartphones & tablets, and others.
Market by Resolution:

The product type market use different resolution which lies within the range of true 4K. These resolutions are 3840x2160, 4096x2160, 3996x2160, 5120x3200, and 5120x2160.

Market by Application:

The application market for 4k display resolution is growing with high pace. Consumer electronics application is contributing from the past, whereas, other applications like entertainment and retail and advertisement are emerging in this market. Among all applications consumer electronics is one of the fastest growing applications.

Market by Geography:

The 4k display resolution market by geography is segmented into four different regions: Americas, Europe, APAC, and Rest of world.
The report recognizes the market dynamics like drivers, restrains, and opportunities. Apart from the market segmentation, the report also includes critical market data and qualitative information for each product type along with quantitative analysis such as Porter’s five force analysis, market time-line analysis, industry breakdown analysis, and value chain analysis.

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