Middle East & Africa Battery Contract Manufacturing Market Size & Outlook
Middle East & Africa battery contract manufacturing market, 2018-2030 (US$M)
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MEA battery contract manufacturing market highlights
- The MEA battery contract manufacturing market generated a revenue of USD 141.0 million in 2023.
- The market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, lithium-ion was the largest revenue generating product in 2023.
- Lithium polymer is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 141.0 million |
| Market revenue in 2030 | USD 211.1 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Lithium-ion |
| Fastest growing segment | Lithium polymer |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lithium-ion, Lithium polymer, Lithium iron phosphate, Alkaline, Nickel Metal Hydride, Nickel Cadmium |
| Key market players worldwide | Tetra Tech Inc, Pure Hydrogen Corp Ltd, Johnson Controls International PLC, Valmet Corp, Rose Electronics, Tiger Electronics, Coulometrics |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.7% of the global battery contract manufacturing market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 5,312.2 million by 2030.
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Battery Contract Manufacturing Market Scope
Battery Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa battery contract manufacturing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to battery contract manufacturing market will help companies and investors design strategic landscapes.
Lithium-ion was the largest segment with a revenue share of 38.79% in 2023. Horizon Databook has segmented the Middle East & Africa battery contract manufacturing market based on lithium-ion, lithium polymer, lithium iron phosphate, alkaline, nickel metal hydride, nickel cadmium covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of battery contract manufacturing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa battery contract manufacturing market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa battery contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA battery contract manufacturing market size, by country, 2018-2030 (US$M)
Middle East & Africa Battery Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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