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Battery Lug-Global Market Insights and Sales Trends 2025

Battery Lug-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1876808

No of Pages : 124

Synopsis
Battery Lug is a kind of raw material of lithium-ion polymer battery products that leads the positive and negative poles out of the cell
The global Battery Lug market size is expected to reach US$ 1402.5 million by 2029, growing at a CAGR of 11.5% from 2023 to 2029. The market is mainly driven by the significant applications of Battery Lug in various end use industries. The expanding demands from the Consumer Use LIB, EV LIB and Energy Storage LIB,, are propelling Battery Lug market. Aluminum Lug, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Nickel Lug segment is estimated at % CAGR for the next seven-year period.
China's policy on lithium-ion batteries mainly focuses on lithium-ion batteries. In 2015, in order to strengthen the management of lithium-ion battery industry and improve the development level of the industry, China formulated the Standard of Lithium-ion Battery Industry. the global sales of new energy vehicles reached 10.8 million units in 2022, with a year-on-year increase of 61.6%. In 2022, China new energy vehicle sales reached 6.8 million units, and the global share increased to 63.6%. In Q4 2022, sales penetration rate of China's new energy vehicle reached 27%, while the global average penetration rate was only 15%. Europe penetration was 19%, and North America penetration rate was only 6%. Lithium batteries will fully benefit from the high growth of downstream demand. According to the Ministry of Industry and Information Technology, China's lithium-ion battery production reached 750 GWh in 2022, up more than 130 percent year on year. Among them, the output of lithium energy storage battery exceeded 100 GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium battery was also growing rapidly. In 2022, the loading capacity of new energy vehicle power battery was about 295 GWh, and the new energy vehicle power battery was about 295 GWh. According to our research, in 2022, the overall global lithium-ion battery shipments were 957GWh, a year-on-year increase of 70%. Global vehicle power battery (EV LIB) shipments were 684GWh, a year-on-year increase of 84%; Energy storage battery (ESS LIB) shipments were 159.3GWh, a year-on-year increase of 140%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Battery Lug, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Battery Lug market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Battery Lug market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Battery Lug sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Battery Lug covered in this report include SUMITOMO ELECTRIC, Shanghai Tokuen, NEPES, CLAVIS Corporation, Zhejiang Tony Electronic, Jiangsu Jiulan New Energy, Soulbrain, POLE and ELCOM CO, etc.
The global Battery Lug market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
SUMITOMO ELECTRIC
Shanghai Tokuen
NEPES
CLAVIS Corporation
Zhejiang Tony Electronic
Jiangsu Jiulan New Energy
Soulbrain
POLE
ELCOM CO
Dongguan Huachuang New Power
SAMA
Sichuan Enlaijidianzi
MISUZU Holding
Dongguan MIC New Mstar Technology
Guangdong Zhengyee
Nets Co., Ltd
Gelonlib
Shinhwa IT
Futaba Corporation
Hebei Litonghang
Global Battery Lug market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Battery Lug market, Segment by Type:
Aluminum Lug
Nickel Lug
Nickel Plating on Copper
Others
Global Battery Lug market, by Application
Consumer Use LIB
EV LIB
Energy Storage LIB
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Battery Lug manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Battery Lug in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Battery Lug Market Overview
1.1 Battery Lug Product Overview
1.2 Battery Lug Market Segment by Type
1.2.1 Aluminum Lug
1.2.2 Nickel Lug
1.2.3 Nickel Plating on Copper
1.2.4 Others
1.3 Global Battery Lug Market Size by Type
1.3.1 Global Battery Lug Market Size Overview by Type (2018-2029)
1.3.2 Global Battery Lug Historic Market Size Review by Type (2018-2023)
1.3.3 Global Battery Lug Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Battery Lug Sales Breakdown by Type (2018-2023)
1.4.2 Europe Battery Lug Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Battery Lug Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Battery Lug Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Battery Lug Sales Breakdown by Type (2018-2023)
2 Global Battery Lug Market Competition by Company
2.1 Global Top Players by Battery Lug Sales (2018-2023)
2.2 Global Top Players by Battery Lug Revenue (2018-2023)
2.3 Global Top Players by Battery Lug Price (2018-2023)
2.4 Global Top Manufacturers Battery Lug Manufacturing Base Distribution, Sales Area, Product Type
2.5 Battery Lug Market Competitive Situation and Trends
2.5.1 Battery Lug Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Battery Lug Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Battery Lug as of 2022)
2.7 Date of Key Manufacturers Enter into Battery Lug Market
2.8 Key Manufacturers Battery Lug Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Battery Lug Status and Outlook by Region
3.1 Global Battery Lug Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Battery Lug Historic Market Size by Region
3.2.1 Global Battery Lug Sales in Volume by Region (2018-2023)
3.2.2 Global Battery Lug Sales in Value by Region (2018-2023)
3.2.3 Global Battery Lug Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Battery Lug Forecasted Market Size by Region
3.3.1 Global Battery Lug Sales in Volume by Region (2024-2029)
3.3.2 Global Battery Lug Sales in Value by Region (2024-2029)
3.3.3 Global Battery Lug Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Battery Lug by Application
4.1 Battery Lug Market Segment by Application
4.1.1 Consumer Use LIB
4.1.2 EV LIB
4.1.3 Energy Storage LIB
4.2 Global Battery Lug Market Size by Application
4.2.1 Global Battery Lug Market Size Overview by Application (2018-2029)
4.2.2 Global Battery Lug Historic Market Size Review by Application (2018-2023)
4.2.3 Global Battery Lug Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Battery Lug Sales Breakdown by Application (2018-2023)
4.3.2 Europe Battery Lug Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Battery Lug Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Battery Lug Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Battery Lug Sales Breakdown by Application (2018-2023)
5 North America Battery Lug by Country
5.1 North America Battery Lug Historic Market Size by Country
5.1.1 North America Battery Lug Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Battery Lug Sales in Volume by Country (2018-2023)
5.1.3 North America Battery Lug Sales in Value by Country (2018-2023)
5.2 North America Battery Lug Forecasted Market Size by Country
5.2.1 North America Battery Lug Sales in Volume by Country (2024-2029)
5.2.2 North America Battery Lug Sales in Value by Country (2024-2029)
6 Europe Battery Lug by Country
6.1 Europe Battery Lug Historic Market Size by Country
6.1.1 Europe Battery Lug Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Battery Lug Sales in Volume by Country (2018-2023)
6.1.3 Europe Battery Lug Sales in Value by Country (2018-2023)
6.2 Europe Battery Lug Forecasted Market Size by Country
6.2.1 Europe Battery Lug Sales in Volume by Country (2024-2029)
6.2.2 Europe Battery Lug Sales in Value by Country (2024-2029)
7 Asia-Pacific Battery Lug by Region
7.1 Asia-Pacific Battery Lug Historic Market Size by Region
7.1.1 Asia-Pacific Battery Lug Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Battery Lug Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Battery Lug Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Battery Lug Forecasted Market Size by Region
7.2.1 Asia-Pacific Battery Lug Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Battery Lug Sales in Value by Region (2024-2029)
8 Latin America Battery Lug by Country
8.1 Latin America Battery Lug Historic Market Size by Country
8.1.1 Latin America Battery Lug Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Battery Lug Sales in Volume by Country (2018-2023)
8.1.3 Latin America Battery Lug Sales in Value by Country (2018-2023)
8.2 Latin America Battery Lug Forecasted Market Size by Country
8.2.1 Latin America Battery Lug Sales in Volume by Country (2024-2029)
8.2.2 Latin America Battery Lug Sales in Value by Country (2024-2029)
9 Middle East and Africa Battery Lug by Country
9.1 Middle East and Africa Battery Lug Historic Market Size by Country
9.1.1 Middle East and Africa Battery Lug Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Battery Lug Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Battery Lug Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Battery Lug Forecasted Market Size by Country
9.2.1 Middle East and Africa Battery Lug Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Battery Lug Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 SUMITOMO ELECTRIC
10.1.1 SUMITOMO ELECTRIC Company Information
10.1.2 SUMITOMO ELECTRIC Introduction and Business Overview
10.1.3 SUMITOMO ELECTRIC Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.1.4 SUMITOMO ELECTRIC Battery Lug Products Offered
10.1.5 SUMITOMO ELECTRIC Recent Development
10.2 Shanghai Tokuen
10.2.1 Shanghai Tokuen Company Information
10.2.2 Shanghai Tokuen Introduction and Business Overview
10.2.3 Shanghai Tokuen Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Shanghai Tokuen Battery Lug Products Offered
10.2.5 Shanghai Tokuen Recent Development
10.3 NEPES
10.3.1 NEPES Company Information
10.3.2 NEPES Introduction and Business Overview
10.3.3 NEPES Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.3.4 NEPES Battery Lug Products Offered
10.3.5 NEPES Recent Development
10.4 CLAVIS Corporation
10.4.1 CLAVIS Corporation Company Information
10.4.2 CLAVIS Corporation Introduction and Business Overview
10.4.3 CLAVIS Corporation Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.4.4 CLAVIS Corporation Battery Lug Products Offered
10.4.5 CLAVIS Corporation Recent Development
10.5 Zhejiang Tony Electronic
10.5.1 Zhejiang Tony Electronic Company Information
10.5.2 Zhejiang Tony Electronic Introduction and Business Overview
10.5.3 Zhejiang Tony Electronic Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Zhejiang Tony Electronic Battery Lug Products Offered
10.5.5 Zhejiang Tony Electronic Recent Development
10.6 Jiangsu Jiulan New Energy
10.6.1 Jiangsu Jiulan New Energy Company Information
10.6.2 Jiangsu Jiulan New Energy Introduction and Business Overview
10.6.3 Jiangsu Jiulan New Energy Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Jiangsu Jiulan New Energy Battery Lug Products Offered
10.6.5 Jiangsu Jiulan New Energy Recent Development
10.7 Soulbrain
10.7.1 Soulbrain Company Information
10.7.2 Soulbrain Introduction and Business Overview
10.7.3 Soulbrain Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Soulbrain Battery Lug Products Offered
10.7.5 Soulbrain Recent Development
10.8 POLE
10.8.1 POLE Company Information
10.8.2 POLE Introduction and Business Overview
10.8.3 POLE Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.8.4 POLE Battery Lug Products Offered
10.8.5 POLE Recent Development
10.9 ELCOM CO
10.9.1 ELCOM CO Company Information
10.9.2 ELCOM CO Introduction and Business Overview
10.9.3 ELCOM CO Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.9.4 ELCOM CO Battery Lug Products Offered
10.9.5 ELCOM CO Recent Development
10.10 Dongguan Huachuang New Power
10.10.1 Dongguan Huachuang New Power Company Information
10.10.2 Dongguan Huachuang New Power Introduction and Business Overview
10.10.3 Dongguan Huachuang New Power Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Dongguan Huachuang New Power Battery Lug Products Offered
10.10.5 Dongguan Huachuang New Power Recent Development
10.11 SAMA
10.11.1 SAMA Company Information
10.11.2 SAMA Introduction and Business Overview
10.11.3 SAMA Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.11.4 SAMA Battery Lug Products Offered
10.11.5 SAMA Recent Development
10.12 Sichuan Enlaijidianzi
10.12.1 Sichuan Enlaijidianzi Company Information
10.12.2 Sichuan Enlaijidianzi Introduction and Business Overview
10.12.3 Sichuan Enlaijidianzi Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Sichuan Enlaijidianzi Battery Lug Products Offered
10.12.5 Sichuan Enlaijidianzi Recent Development
10.13 MISUZU Holding
10.13.1 MISUZU Holding Company Information
10.13.2 MISUZU Holding Introduction and Business Overview
10.13.3 MISUZU Holding Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.13.4 MISUZU Holding Battery Lug Products Offered
10.13.5 MISUZU Holding Recent Development
10.14 Dongguan MIC New Mstar Technology
10.14.1 Dongguan MIC New Mstar Technology Company Information
10.14.2 Dongguan MIC New Mstar Technology Introduction and Business Overview
10.14.3 Dongguan MIC New Mstar Technology Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Dongguan MIC New Mstar Technology Battery Lug Products Offered
10.14.5 Dongguan MIC New Mstar Technology Recent Development
10.15 Guangdong Zhengyee
10.15.1 Guangdong Zhengyee Company Information
10.15.2 Guangdong Zhengyee Introduction and Business Overview
10.15.3 Guangdong Zhengyee Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Guangdong Zhengyee Battery Lug Products Offered
10.15.5 Guangdong Zhengyee Recent Development
10.16 Nets Co., Ltd
10.16.1 Nets Co., Ltd Company Information
10.16.2 Nets Co., Ltd Introduction and Business Overview
10.16.3 Nets Co., Ltd Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Nets Co., Ltd Battery Lug Products Offered
10.16.5 Nets Co., Ltd Recent Development
10.17 Gelonlib
10.17.1 Gelonlib Company Information
10.17.2 Gelonlib Introduction and Business Overview
10.17.3 Gelonlib Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Gelonlib Battery Lug Products Offered
10.17.5 Gelonlib Recent Development
10.18 Shinhwa IT
10.18.1 Shinhwa IT Company Information
10.18.2 Shinhwa IT Introduction and Business Overview
10.18.3 Shinhwa IT Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Shinhwa IT Battery Lug Products Offered
10.18.5 Shinhwa IT Recent Development
10.19 Futaba Corporation
10.19.1 Futaba Corporation Company Information
10.19.2 Futaba Corporation Introduction and Business Overview
10.19.3 Futaba Corporation Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Futaba Corporation Battery Lug Products Offered
10.19.5 Futaba Corporation Recent Development
10.20 Hebei Litonghang
10.20.1 Hebei Litonghang Company Information
10.20.2 Hebei Litonghang Introduction and Business Overview
10.20.3 Hebei Litonghang Battery Lug Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Hebei Litonghang Battery Lug Products Offered
10.20.5 Hebei Litonghang Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Battery Lug Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Battery Lug Industrial Chain Analysis
11.4 Battery Lug Market Dynamics
11.4.1 Battery Lug Industry Trends
11.4.2 Battery Lug Market Drivers
11.4.3 Battery Lug Market Challenges
11.4.4 Battery Lug Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Battery Lug Distributors
12.3 Battery Lug Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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