South Africa Battery Market is expected to grow with the CAGR of 7.2% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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South Africa battery market is a highly fragmented market, which includes number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in South Africa battery market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, In September 2017, Trojan Battery Company announced the launch of its new Solar Flooded battery models. The new sets of the battery were an extension to solar deep-cycle battery offerings and are tested up to 17-year design life. The new product increased the product portfolio of the company.
Panasonic Corporation, Amara Raja Batteries Ltd. and Duracell Inc. (A Subsidiary of Berkshire Hathaway Inc.) are the dominating player in South Africa Battery market respectively. The other key players existing in the market includes TOSHIBA CORPORATION, Eveready (Pty) Ltd., Metair, Shenzhen A&S Power Technology Co., Ltd., LITHIUMWERKS, AutoX, Probe Group, Energizer, Saft (A Subsidiary of Total), Dixon Batteries, BlueNova, Trojan Battery Company, among others .
Panasonic Corporation is headquartered in Osaka, Japan and was founded in year 1918. The company focus on providing extensive range of solutions such as batteries, electronic materials, FA and industrial devices and electronic components for B2B business. The company operates in appliances, life solutions, connected solutions, automotive, industrial solutions of which industrial solutions is the market focused business segment. The company offers consumer and business product portfolio of which business is market focused product category.
The company has wide global presence across North America, Latin America, Europe, Middle East & Africa, Asia-Pacific with its subsidiary Sanyo (Japan), JVC (Japan), Panasonic U.K. Ltd. (U.K.), KDK (Japan), Panasonic Australia (Australia), among others.
Amara Raja Batteries Ltd.
Amara Raja Batteries Ltd. is headquartered in Telangana, India and was founded in year 1985. The company is engaged in manufacturing of lead-acid batteries for various applications such as industrial and automotive. The company offers automotive and industrial batteries which are market focused product category.
The company has wide global presence across Middle East, Africa and Asia-Pacific with its subsidiary Amara Raja Power Systems Limited (India).
Duracell Inc. (A Subsidiary of Berkshire Hathaway Inc.)
Duracell Inc. (A Subsidiary of Berkshire Hathaway Inc.) is headquartered in Geneva, Switzerland and was founded in 1920. The company is engaged in manufacturing of high performance alkaline batteries, rechargeable and specialty cells. Company offers product categories such as alkaline batteries, rechargeable and chargers, specialty batteries, coin/button batteries.
The company has presence across the globe in Americas, Europe, Asia-Pacific, Middle East and Africa. In addition, it also generates revenue from its subsidiaries such as Duracell US Operations (U.S.), Duracell Industrial Operations, Inc (U.S.), Duracell U.S. Holding LLC (U.S.), Duracell Canada, Inc (Canada), Duracell Comercial e Importadora do Brazil Ltda. (Brazil).
South Africa Battery Market – Industry Trends and Forecast to 2027