GCC Rechargeable Battery Market Share, Report 2024-2032

GCC Rechargeable Battery Market Report by Battery Type (Lead-Acid Batteries, Li-ion Batteries, NiMH Batteries, NiCd Batteries, and Others), Capacity (150 - 1000 mAh, 1300 - 2700 mAh, 3000 - 4000 mAh, 4000 - 6000 mAh, 6000 - 10000 mAh, More than 10000 mAh), Application (Consumer Electronics, Industrial Applications, Automobile Applications, Defence, and Others), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112025A3012

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Market Overview:

The GCC rechargeable battery market size reached US$ 2.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2032, exhibiting a growth rate (CAGR) of 6.98% during 2024-2032.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Size in 2023	US$ 2.3 Billion
Market Forecast in 2032	US$ 4.3 Billion
Market Growth Rate 2024-2032	6.98%

Rechargeable batteries, also known as accumulators, secondary cells and storage batteries, are electrochemical devices that convert chemical energy into electrical energy. They comprise a cathode, anode and an electrolyte and are widely available in different shapes and sizes, ranging from button-sized cells to industrial megawatt systems. Some of the most commonly used rechargeable batteries are lead-acid and nickel-metal hydride batteries.

The continuous efforts of governing agencies to establish automobile companies and launch electric vehicles (EVs) are strengthening the growth of the GCC rechargeable battery market. Apart from this, the high demand for electronic devices, such as smartphones, laptops, digital cameras and tablets, has escalated the sales of rechargeable batteries in the region. Furthermore, several benefits offered by these batteries, such as their high energy density and lower self-discharge rate, are driving their sales in the region. However, the outbreak of the coronavirus disease (COVID-19) and consequent lockdownshave negatively influenced the market growth. The market will experience an increase in the overall production and sales when lockdown restrictions are uplifted.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the GCC rechargeable battery market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on battery type, capacity and application.

Breakup by Battery Type:

Lead-Acid Batteries
Li-ion Batteries
NiMH Batteries
NiCd Batteries
Others

Breakup by Capacity:

150 - 1000 mAh
1300 - 2700 mAh
3000 - 4000 mAh
4000 - 6000 mAh
6000 - 10000 mAh
More than 10000 mAh

Breakup by Application:

Consumer Electronics
Industrial Applications
Automobile Applications
Defence
Others

Breakup by Country:

Saudi Arabia
UAE
Qatar
Oman
Kuwait
Bahrain

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Scope of the Report	Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: Battery Type Capacity Application Country
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	Saudi Arabia, UAE, Qatar, Oman,Kuwait, Bahrain
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699
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:

How has the GCC rechargeable battery market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the GCC rechargeable battery market?
What are the key regional markets?
What is the breakup of the market based on the battery type?
What is the breakup of the market based on the capacity?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the GCC rechargeable battery market and who are the key players?
What is the degree of competition in the industry?

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