The Asia Pacific rechargeable battery market size reached USD 51.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 78.7 Billion by 2033, exhibiting a growth rate (CAGR) of 4.9% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 51.0 Billion |
Market Forecast in 2033
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USD 78.7 Billion |
Market Growth Rate 2025-2033 | 4.9% |
Rechargeable batteries are electrochemical devices that convert chemical energy into electrical energy. Also known as secondary cells, accumulators and storage batteries, they are widely available in different shapes and sizes. At present, the demand for rechargeable batteries is escalating on account of the increasing sales of smartphones, unmanned aerial vehicles (UAVs), and electric vehicles (EVs) in the Asia Pacific region.
Continuous efforts undertaken by regional governments to encourage the utilization of electric vehicles (EVs) are strengthening the growth of the rechargeable batteries market in the Asia Pacific region. Apart from this, the demand for rechargeable batteries is increasing as they are more energy-efficient, produce less waste and can be charged with a simple battery charger. Furthermore, rising environmental concerns have also positively influenced the sales of rechargeable batteries in the region. However, the sudden outbreak of coronavirus disease (COVID-19) and lockdowns imposed by governing agencies in the region have negatively impacted operations at several manufacturing units. The market will experience an increase in the overall production once lockdown restrictions are relaxed.
IMARC Group provides an analysis of the key trends in each segment of the Asia Pacific rechargeable battery market report, along with forecasts at the regional and country levels from 2025-2033. Our report has categorized the market based on battery type, capacity and application.
Breakup by Battery Type:
Breakup by Capacity:
Breakup by Application:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Battery Types Covered | Lead-Acid Batteries, Li-ion Batteries, NiMH Batteries, NiCd Batteries, Others |
Capacities Covered | 150 - 1000 mAh, 1300 - 2700 mAh, 3000 - 4000 mAh, 4000 - 6000 mAh, 6000 - 10000 mAh, More than 10000 mAh |
Applications Covered | Consumer Electronics, Industrial Applications, Automobile Applications, Defence, Others |
Countries Covered | China, Japan, India, South Korea, Australia, Indonesia, Others |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report: