Report Update: Nov 1, 2024

World - Electric Accumulators - Market Analysis, Forecast, Size, Trends and Insights

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Accumulator market

Accumulator market: enjoy recently published data provided by an Ai-driven business intelligence platform. Statistics include trade, market size, exports, companies, consumption, market prices, production, and imports. There is a breakdown by country, including China, EU, Russia, the Middle East, the U.S., the U.K., Africa, and Latin America. Market insights and forecast to 2030 are also featured in the reports.

Accumulator - World's Largest Markets

Rating	Country
1	United States
2	China
3	Spain
4	India
5	Japan

In value terms, the United States, China and Spain were the countries with the highest levels of market value in 2020, with a combined 20% share of the global market. These countries were followed by India, Japan, the Czech Republic, Vietnam, Belgium, Poland, Indonesia, Thailand, Hungary and Singapore, which together accounted for a further 18%.

The Czech Republic (+124.8% per year) recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while accumulator market for the other global leaders experienced more modest paces of growth.

Accumulator Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Hong Kong SAR	3.2	3.3	3.2	-0.2%
Japan	8.2	4	3.9	-31.2%
China	5.5	6.1	6	4.7%
South Korea	13	8.7	7.6	-23.7%
Germany	17	17	18	3.6%
Average	9.4	8.8	9.5	0.6%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($18 per unit), while Hong Kong SAR ($3.2 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced mixed trends in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Germany	11	13	20	37.2%
United States	18	19	20	5.2%
South Korea	8.2	9.9	10	10.9%
Vietnam	4.6	4.7	7.8	30.6%
Poland	4.1	6.5	6.9	28.9%
India	3.5	3.2	3.6	0.3%
Czech Republic	11	12	3.6	-42.7%
Indonesia	3.2	3.7	3.5	4.6%
Hungary	3.2	2.9	3.4	2.3%
Thailand	7	5.6	3.3	-30.9%
Hong Kong SAR	2.5	2.7	2.9	8.7%
China	2.2	2.6	2.5	7.1%
Singapore	2	1.4	1.4	-17.7%
Average	7.5	8.1	8.7	7.9%

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($20 per unit), while Singapore ($1.4 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Accumulator - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	6.3	6.7	7.9	11.6%
Germany	4.3	5.1	7.5	31.2%
Hong Kong SAR	2.8	3	3.5	10.6%
China	3.3	3.3	3.3	0.7%
Vietnam	1.4	1.8	2.3	28.5%

In value terms, the United States ($7.9B), Germany ($7.5B) and Hong Kong SAR ($3.5B) constituted the countries with the highest levels of imports in 2020, together accounting for 31% of global imports. China, Vietnam, South Korea, Poland, the Czech Republic, India, Hungary, Thailand, Indonesia and Singapore lagged somewhat behind, together accounting for a further 22%.

Among the main importing countries, the Czech Republic (+58.8% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Accumulator - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	14	16	17	7.4%
South Korea	6.3	6.5	6.7	3.1%
Germany	3.3	3.8	5.3	27.4%
Hong Kong SAR	3.2	3.4	3.6	6.8%
Japan	3.7	3.3	3.5	-2.2%

In value terms, China ($16.6B) remains the largest accumulator supplier worldwide, comprising 26% of global exports. The second position in the ranking was occupied by South Korea ($6.7B), with a 11% share of global exports. It was followed by Germany, with a 8.5% share.

In China, accumulator exports increased at an average annual rate of +7.4% over the period from 2018-2020. In the other countries, the average annual rates were as follows: South Korea (+3.1% per year) and Germany (+27.4% per year).

Accumulator - Market Forecast

Driven by increasing demand for accumulator worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Accumulator - Top Companies

Renata AG, Spectrum Brands Holdings, Inc., Tianneng Battery Group Co., Ltd, CHENG UEI PRECISION INDUSTRY CO., LTD., Exide Technologies (inc.), Enersys, BYD Lithium Battery Co., Ltd., Sunwoda Electronic Co., Ltd., EXIDE INDUSTRIES LIMITED, SIMPLO TECHNOLOGY CO., LTD., SONY ELECTRONICS (SINGAPORE) PTE. LTD., Shenzhen Desay Battery Technology Co., Ltd., Energizer Holdings, Inc., PRIMEARTH EV ENERGY CO., LTD., Zhejiang Narada Power Source Co., Ltd., GS YUASA INTERNATIONAL LTD., Enersys Delaware Inc., SEBANG GLOBAL BATTERY CO., LTD., Shuangdeng Group Co., Ltd., SAMSUNG SDI VIETNAM COMPANY LIMITED

Accumulator - Product Coverage

HS 850710 - Electric accumulators; lead-acid, of a kind used for starting piston engines, including separators, whether or not rectangular (including square)
HS 850720 - Electric accumulators; lead-acid, (other than for starting piston engines), including separators, whether or not rectangular (including square)
HS 850730 - Electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)
HS 850740 - Electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)
HS 850750 - Electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)
HS 850760 - Electric accumulators; lithium-ion, including separators, whether or not rectangular (including square)
HS 850780 - Electric accumulators; other than lead-acid, nickel-cadmium, nickel-iron, nickel-metal hydride and lithium-ion, including separators, whether or not rectangular (including square)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global accumulator market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27202100 - Lead-acid accumulators for starting piston engines
Prodcom 27202210 -
Prodcom 27202250 -
Prodcom 27202300 - Nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer, nickel-iron and other electric accumulators

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023