For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
The North American battery market is predicted to grow at a CAGR of 4.30% from 2019 to 2027. The market has been segmented on the basis of application and battery type. The various investments for the development of new forms of batteries are expected to open many doors for market expansion.
The United States and Canada are considered for the market study of the North American region. Due to the demand for electric vehicles and passenger cars in the region are expected to increase the demand for batteries in the manufacturing sector of the region. The automobile companies established in the region are investing significant amounts in batteries for the electric vehicle's manufacture. So, a rise in the production rate of EVs will be influencing the battery market growth.
The companies like Hitachi, Ltd., Murata Manufacturing Co., Ltd., Panasonic Corporation, C&D Technologies, Inc. (acquired by KPS Capital Partner), EnerSys, Samsung SDI Co., Ltd., Duracell International, Inc., Shenzhen BAK Battery Co., Ltd., Exide Technologies, Eveready Industries India Ltd., GS Yuasa Corporation, A123 Systems, LLC, Toshiba Corporation, LG Chem Ltd., NEC Corporation, Saft Groupe S.A., East Penn Manufacturing Company, Inc., Crown Battery Manufacturing Company, Johnson Controls and BYD Company, Ltd. are the major players in the North America.