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What is the export value of rechargeable lead-acid batteries in Japan?
The export value of rechargeable lead-acid batteries in Japan registered a considerable decline of more than 30%, from USD 128 million in 2018 to USD 83 million in 2021. The most popular secondary battery in Japan is the lithium-ion battery. It has a fast charging ability and offers longer life when compared to its counterparts.
Which Japanese companies have a strong position in the battery industry?
Japanese companies have especially excelled in the mobility segment, with GS Yuasa, and Panasonic being able to secure a strong position despite stiff international competition. Panasonic, for instance, has been a long-term supplier of vehicle batteries for Tesla. Discover all statistics and data on Battery industry in Japan now on statista.com!
Who are the major players in the Japan battery market?
The Japan battery market is fragmented. Some of the major players in the market (in no particular order) include Panasonic Corporation, Maxell, Ltd., GS Yuasa International Ltd, NGK Insulators Ltd., and Toshiba Corporation. *Disclaimer: Major Players sorted in no particular order Need More Details on Market Players and Competitors?
The Japan Battery Market is growing at a CAGR of 11% over the next 5 years. Panasonic Corporation, GS Yuasa International Ltd, NGK Insulators Ltd., , Toshiba Corporation, Maxell, Ltd. are the major companies operating in Japan Battery Market.
The Japan battery market is segmented by battery type, technology, and application. By battery type, the market is segmented into primary battery and secondary battery. By application, the market is segmented into automotive batteries, industrial batteries, portable batteries, SLI batteries, and others.
What is the most popular secondary battery in Japan?
The most popular secondary battery in Japan is the lithium-ion battery. It has a fast charging ability and offers longer life when compared to its counterparts. According to the Battery Association of Japan, sales of lithium-ion batteries for vehicles in terms of volume witnessed significant growth in recent years.