GCC Rechargeable Battery Market Overview:
The GCC rechargeable battery market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. A rechargeable battery can be recharged, charged, and discharged many times when compared to a disposable or primary battery that is supplied fully charged and must be discarded after use. These batteries use reversible cell reactions, enabling them to regain their electrical potential when exposed to passing electric currents. Rechargeable batteries are made using different combinations of electrode materials and electrolytes, including nickel-cadmium (NiCd), zinc-air, nickel–metal hydride (NiMH), lithium iron phosphate (LiFePO4), lithium-ion (Li-ion), and Li-ion polymer. They comprise an anode, cathode, and electrolyte and are widely available in various shapes and sizes, ranging from industrial megawatt systems to button-sized cells. The commonly available rechargeable batteries in the market include lead-acid, Li-ion, and nickel-metal hydride batteries.
The increasing population in the GCC region has considerably surged the demand for energy, which represents one of the primary factors accelerating the market growth. In continuation, regional governments are actively working to establish automobile companies and launch electric vehicles (EVs) to address the growing environmental concerns, which is positively supporting the market growth. Moreover, the shifting consumer preference toward rechargeable batteries over disposable batteries due to their various advantages, such as high energy density, less waste production, lower self-discharge rate, and rechargeability, is acting as another factor driving the market growth. Additionally, the burgeoning demand for electronic devices, including laptops, digital cameras, smartphones, and tablets, due to increasing consumer expenditure power is providing a significant boost to the market growth in the region. Besides this, key market players are heavily investing in research and development (R&D) activities to introduce innovative product variants, such as advanced lithium-air and -copper batteries, which, in turn, is bolstering the market growth. Other factors, such as the easy product availability across diverse platforms and the inflating sales of EVs, are creating a positive outlook for the market.
Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC rechargeable battery market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC rechargeable battery market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC rechargeable battery market in detail for latest trends, outlook and opportunities.
The report analyses the competitive structure of the GCC rechargeable battery market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC rechargeable battery market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC rechargeable battery market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC rechargeable battery market industry. Furthermore, the value chain analysis of the GCC rechargeable battery market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.
GCC Rechargeable Battery Market Segment Insights:
The GCC rechargeable battery market has been analysed as followed:
By Battery Type:
By Capacity:
By Application:
By Country:
Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.
Competative Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Highlights of the GCC Rechargeable Battery Market Report:
Report Customisation:
The GCC rechargeable battery market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 GCC Rechargeable Battery Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Battery Type
6.1 Lead-Acid Batteries
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Li-ion Batteries
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 NiMH Batteries
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 NiCd Batteries
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Capacity
7.1 150 - 1000 mAh
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 1300 - 2700 mAh
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 3000 - 4000 mAh
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 4000 - 6000 mAh
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 6000 - 10000 mAh
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 More than 10000 mAh
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Application
8.1 Consumer Electronics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Industrial Applications
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Automobile Applications
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Defence
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Country
9.1 Saudi Arabia
9.1.1 Market Trends
9.1.2 Market Breakup by Battery Type
9.1.3 Market Breakup by Capacity
9.1.4 Market Breakup by Application
9.1.5 Market Forecast
9.2 UAE
9.2.1 Market Trends
9.2.2 Market Breakup by Battery Type
9.2.3 Market Breakup by Capacity
9.2.4 Market Breakup by Application
9.2.5 Market Forecast
9.3 Qatar
9.3.1 Market Trends
9.3.2 Market Breakup by Battery Type
9.3.3 Market Breakup by Capacity
9.3.4 Market Breakup by Application
9.3.5 Market Forecast
9.4 Oman
9.4.1 Market Trends
9.4.2 Market Breakup by Battery Type
9.4.3 Market Breakup by Capacity
9.4.4 Market Breakup by Application
9.4.5 Market Forecast
9.5 Kuwait
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Bahrain
9.6.1 Market Trends
9.6.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Policy and Regulatory Landscape
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
List of Figures
Figure 1: GCC: Rechargeable Battery Market: Major Drivers and Challenges
Figure 2: GCC: Rechargeable Battery Market: Sales Value (in Million US$), 2017-2022
Figure 3: GCC: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: GCC: Rechargeable Battery Market: Breakup by Battery Type (in %), 2022
Figure 5: GCC: Rechargeable Battery Market: Breakup by Capacity (in %), 2022
Figure 6: GCC: Rechargeable Battery Market: Breakup by Application (in %), 2022
Figure 7: GCC: Rechargeable Battery Market: Breakup by Country (in %), 2022
Figure 8: GCC: Rechargeable Battery (Lead-Acid Batteries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: GCC: Rechargeable Battery (Lead-Acid Batteries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: GCC: Rechargeable Battery (Li-ion Batteries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: GCC: Rechargeable Battery (Li-ion Batteries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: GCC: Rechargeable Battery (NiMH Batteries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: GCC: Rechargeable Battery (NiMH Batteries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: GCC: Rechargeable Battery (NiCd Batteries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: GCC: Rechargeable Battery (NiCd Batteries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: GCC: Rechargeable Battery (Other Battery Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: GCC: Rechargeable Battery (Other Battery Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: GCC: Rechargeable Battery (150 - 1000 mAh) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: GCC: Rechargeable Battery (150 - 1000 mAh) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: GCC: Rechargeable Battery (1300 - 2700 mAh) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: GCC: Rechargeable Battery (1300 - 2700 mAh) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: GCC: Rechargeable Battery (3000 - 4000 mAh) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: GCC: Rechargeable Battery (3000 - 4000 mAh) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: GCC: Rechargeable Battery (4000 - 6000 mAh) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: GCC: Rechargeable Battery (4000 - 6000 mAh) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: GCC: Rechargeable Battery (6000 - 10000 mAh) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: GCC: Rechargeable Battery (6000 - 10000 mAh) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: GCC: Rechargeable Battery (More than 10000 mAh) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: GCC: Rechargeable Battery (More than 10000 mAh) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: GCC: Rechargeable Battery (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: GCC: Rechargeable Battery (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: GCC: Rechargeable Battery (Industrial Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: GCC: Rechargeable Battery (Industrial Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: GCC: Rechargeable Battery (Automobile Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: GCC: Rechargeable Battery (Automobile Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: GCC: Rechargeable Battery (Defence) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: GCC: Rechargeable Battery (Defence) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: GCC: Rechargeable Battery (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: GCC: Rechargeable Battery (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Saudi Arabia: Rechargeable Battery Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Saudi Arabia: Rechargeable Battery Market: Breakup by Battery Type (in %), 2022
Figure 42: Saudi Arabia: Rechargeable Battery Market: Breakup by Capacity (in %), 2022
Figure 43: Saudi Arabia: Rechargeable Battery Market: Breakup by Application (in %), 2022
Figure 44: Saudi Arabia: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: UAE: Rechargeable Battery Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: UAE: Rechargeable Battery Market: Breakup by Battery Type (in %), 2022
Figure 47: UAE: Rechargeable Battery Market: Breakup by Capacity (in %), 2022
Figure 48: UAE: Rechargeable Battery Market: Breakup by Application (in %), 2022
Figure 49: UAE: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Qatar: Rechargeable Battery Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Qatar: Rechargeable Battery Market: Breakup by Battery Type (in %), 2022
Figure 52: Qatar: Rechargeable Battery Market: Breakup by Capacity (in %), 2022
Figure 53: Qatar: Rechargeable Battery Market: Breakup by Application (in %), 2022
Figure 54: Qatar: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Oman: Rechargeable Battery Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Oman: Rechargeable Battery Market: Breakup by Battery Type (in %), 2022
Figure 57: Oman: Rechargeable Battery Market: Breakup by Capacity (in %), 2022
Figure 58: Oman: Rechargeable Battery Market: Breakup by Application (in %), 2022
Figure 59: Oman: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Kuwait: Rechargeable Battery Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Kuwait: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Bahrain: Rechargeable Battery Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Bahrain: Rechargeable Battery Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: GCC: Rechargeable Battery Industry: SWOT Analysis
Figure 65: GCC: Rechargeable Battery Industry: Value Chain Analysis
Figure 66: GCC: Rechargeable Battery Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: GCC: Rechargeable Battery Market: Key Industry Highlights, 2022 and 2028
Table 2: GCC: Rechargeable Battery Market Forecast: Breakup by Battery Type (in Million US$), 2023-2028
Table 3: GCC: Rechargeable Battery Market Forecast: Breakup by Capacity (in Million US$), 2023-2028
Table 4: GCC: Rechargeable Battery Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: GCC: Rechargeable Battery Market Forecast: Breakup by Country (in Million US$), 2023-2028
Table 6: GCC: Rechargeable Battery Market: Competitive Structure
Table 7: GCC: Rechargeable Battery Market: Key Players
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