Market Overview:
The global PERC battery market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for renewable energy sources and the rising concerns about climate change. In addition, government initiatives and subsidies for installing solar PV systems are also contributing to the growth of this market. The global PERC battery market is segmented on the basis of type, application, and region. On the basis of type, it is divided into single-sided PERC battery, double-sided PERC battery, and others. On the basis of application, it is classified into commercial power station, city power station, and others.
Product Definition:
PERC Battery is a type of rechargeable battery that uses a polymer electrolyte. It is often used in laptop computers and other portable devices. The importance of PERC Battery lies in its ability to store more energy than traditional lead-acid batteries, making it ideal for use in portable devices.
Single-Sided PERC Battery:
Single-sided PERC battery is a type of lithium-ion battery used in the power electronic industries. It has a single electrolyte and single anode, unlike the double electrolyte and double anode batteries such as LiPON or NMC. The advantages of using SSPE over other batteries are high energy density, low self-discharge rate & Lifetakeup time, less maintenance requirements & safe handling etc.
Double-Sided PERC Battery:
Double-sided PERC battery is a lithium iron phosphate battery with two terminals for balance of charge and discharge. It has the ability to provide higher power density, longer life cycle, and enhanced safety in comparison to conventional batteries. Growing demand for energy storage across various sectors including commercial, residential & industrial applications is expected to drive the market over the forecast period.
Application Insights:
The commercial power station segment dominated the global PERC battery market in terms of revenue in 2017. The growth can be attributed to increasing investments by various governments and private institutions for the development of electric power infrastructure. For instance, as per a document published by the World Bank, it is estimated that around USD 300 billion are required annually to meet electricity demand from households and industry across developing countries. However, only about USD 170 billion are invested annually due to low reliability concerns and other challenges faced by utility companies worldwide. Thus, an increase in investment is expected to drive demand for PERC batteries over the forecast period.
The others application segment includes residential applications such as solar UPS systems along with grid-connected micro-grid UPS systems used at military bases or government facilities among others where off-grid backup power solutions are required owing to limited space availability or remote locations without access to conventional electrical grids (UPS).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. China, Japan, South Korea, Taiwan and India are key countries in this region. Rapid growth of industrialization coupled with government initiatives for promoting renewable energy sources such as wind & solar is expected to drive the regional market growth over the forecast period.
Europe accounted for a significant share of revenue in 2017 owing to rapid development of power generation from biomass along with large-scale investments made by governments towards deployment ofPERC batteries for power generation from waste heat at nuclear power plants. Germany leads Europe's per capita battery production followed by U.K.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for PERC batteries, as they are used in most electric vehicles.
- Rising demand from renewable energy sector: The growth of the renewable energy sector is another major driver for the PERC battery market. Renewables such as solar and wind power are becoming increasingly popular due to their low environmental impact and growing concerns about climate change. This is expected to drive the demand for PERC batteries in the coming years.
- Growing investment in smart grid infrastructure: Smart grids are being increasingly adopted all over the world as a way to improve efficiency and reduce costs associated with electricity generation, transmission, and distribution. This is likely to result in increased demand for PERC batteries from utilities seeking to upgrade their grid infrastructure systems..
Scope Of The Report
Report Attributes
Report Details
Report Title
PERC Battery Market Research Report
By Type
Single-Sided PERC Battery, Double-Sided PERC Battery, Others
By Application
Commercial Power Station, City Power Station, Others
By Companies
TONGWEI, LONGI, Aikosolar, Jinko Solar, JA SOLAR, Trina Solar, Q CELLS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global PERC Battery Market Report Segments:
The global PERC Battery market is segmented on the basis of:
Types
Single-Sided PERC Battery, Double-Sided PERC Battery, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Power Station, City Power Station, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TONGWEI
- LONGI
- Aikosolar
- Jinko Solar
- JA SOLAR
- Trina Solar
- Q CELLS
Highlights of The PERC Battery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single-Sided PERC Battery
- Double-Sided PERC Battery
- Others
- By Application:
- Commercial Power Station
- City Power Station
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PERC Battery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PERC Battery is a lithium ion battery. It is used in laptops, tablets and other portable electronics.
Some of the major players in the perc battery market are TONGWEI, LONGI, Aikosolar, Jinko Solar, JA SOLAR, Trina Solar, Q CELLS.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PERC Battery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PERC Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PERC Battery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PERC Battery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PERC Battery Market Size & Forecast, 2020-2028
4.5.1 PERC Battery Market Size and Y-o-Y Growth
4.5.2 PERC Battery Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single-Sided PERC Battery
5.2.2 Double-Sided PERC Battery
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Power Station
6.2.2 City Power Station
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PERC Battery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PERC Battery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single-Sided PERC Battery
9.6.2 Double-Sided PERC Battery
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Power Station
9.10.2 City Power Station
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single-Sided PERC Battery
10.6.2 Double-Sided PERC Battery
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Power Station
10.10.2 City Power Station
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single-Sided PERC Battery
11.6.2 Double-Sided PERC Battery
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Power Station
11.10.2 City Power Station
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single-Sided PERC Battery
12.6.2 Double-Sided PERC Battery
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Power Station
12.10.2 City Power Station
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single-Sided PERC Battery
13.6.2 Double-Sided PERC Battery
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Power Station
13.10.2 City Power Station
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PERC Battery Market: Competitive Dashboard
14.2 Global PERC Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TONGWEI
14.3.2 LONGI
14.3.3 Aikosolar
14.3.4 Jinko Solar
14.3.5 JA SOLAR
14.3.6 Trina Solar
14.3.7 Q CELLS
