The Middle East and Africa lithium ion battery market is fragmented in nature, as it consists of many global players such as Panasonic Industry Co., Ltd., SAMSUNG SDI CO.,LTD, and TOSHIBA CORPORATION among others. The presence of these companies produces competitive prices for lithium-ion battery products across the region.
The major players in the Middle East and Africa Lithium Ion Battery Market are Shenzhen A&S Power Technology Co., Ltd., LITHIUMWERKS, Panasonic Corporation, Dalian CBAK Power Battery Co., Ltd and TOSHIBA CORPORATION, among other domestic players.
Middle East Battery Company has the latest and largest advanced technology plant in the region engaged in manufacturing automotive sealed maintenance free batteries for all types of cars.
There are profiles of Eveready, Energizer, and Duracell, among other major battery manufacturing companies in South Africa.
Apart from numerous small scale battery manufacturers, Exide Industries Ltd., AmaraRaja Batteries Ltd., Su-Kam power Systems, Hyderabad Batteries Ltd., Luminous Power Technologies Ltd, Okaya Batteries Ltd, Base Corporation, etc., are major battery manufacturing companies in India and part of our impressive client list.
Additionally, the growing demand for smart devices and wearables is expected to drive market growth. Data Bridge Market Research analyzes that the Middle East and Africa lithium ion battery market is expected to reach the value of USD 4,709.96 million by 2030, at a CAGR of 12.8% during the forecast period.