Middle East & North Africa Battery Market By Type (Lead Acid, Lithium-ion, Nickel-Based & Alkaline Flow), By Application (Industrial, Automotive, Electronics, Inverter/ESS & Others), By Country, Competition Forecast & Opportunities 2013 – 2023

Middle East & North Africa battery market stood at $ 3.21 billion in 2017 and is projected to reach $ 4.48 billion by 2023, predominantly on the back of increasing vehicle fleet size and growing demand for premium cars in the region. Increasing penetration of lithium-ion batteries, owing to growing focus of the governments across the region to promote the use of electric vehicles and energy storage solutions in renewable based power sector, is driving the demand for batteries in the region during forecast period. Moreover, expanding 5th Generation based telecommunication network and implementation of Vision Documents in Saudi Arabia, UAE, Qatar and Kuwait are likely to further aid the Middle East & North Africa battery market in the coming years.

Years considered for this report

Historical Years2013-2016

Base Year2017

Estimated Year2018

Forecast Period2019-2023

Objective of the Study

• To analyze and forecast Middle East & North Africa battery market size.
• To define, classify and forecast Middle East & North Africa battery market based on battery type, application and regional distribution.
• To scrutinize the detailed market segmentation and forecast the market size, in terms of value, based on regions by segmenting the Middle East & North Africa battery market.
• To identify the major drivers and challenges for Middle East & North Africa battery market.
• To examine competitive developments such as expansions, new product launches, supply contracts, and mergers & acquisitions in Middle East & North Africa battery market.
• To evaluate product pricing and trends in Middle East & North Africa battery market.
• To strategically profile leading players operating in Middle East & North Africa battery market.

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Some of the major players operating in Middle East & North Africa battery market are ACDelco Inc., Johnson Controls, SEBANG Global Battery Co. Ltd., ATLASBX Co., Ltd., GS Yuasa Corporation, Panasonic Corporation, EnerSys, Energizer Holdings Inc., SAFT Groupe S.A., Chloride Egypt, and Exide Technologies, among others.

Market insights research performed primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of battery manufacturers and suppliers, globally. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research was able to include manufacturers that could not be identified due to the limitations of secondary research. Market insights research analyzed product offerings, end users and regional presence of all major battery companies operating in MENA.

Market insights research calculated Middle East & North Africa battery market size using bottom-up approach, where manufacturers’ value sales data for different battery types was recorded as well as forecast for the future years. Market insights research sourced these values from company annual reports, World Bank, industry magazines, industry reports, news dailies, credible paid databases, International Organization of Motor Vehicle Manufacturers (OICA), UN Department of Economic and Social Affairs, and other secondary sources.

Key Target Audience

• Battery manufacturers, suppliers and other stakeholders
• Associations, organizations and alliances related to batteries market
• Government bodies such as regulating authorities and policy makers
• Market research and consulting firms