Brazil Battery Market Report and Forecast 2025-2034
Market Report I 2025-06-30 I 102 Pages I EMR Inc.
The Brazil battery market size reached nearly USD 205.50 Million in 2024. The market is projected to grow at a CAGR of 11.00% between 2025 and 2034 to reach a value of around USD 583.50 Million by 2034.
Key Trends in the Market
Battery refers to an electrochemical device which is used to power various electronic equipment or devices and can be recharged by connecting to a source of electricity. A battery works on the principle of conversion of chemical energy into electrical.
- The increasing sales of electric vehicles across the country are driving the Brazil battery market growth. Over the forecast period, new models of electric cars are likely to enter the Brazilian market, thereby surging the demand for lithium-ion batteries.
- Collaborative efforts by private and public players in the country aimed towards reducing carbon emissions and the depletion of natural resources are leading to a swift transition from traditional power generation methods to stored energy systems. Moreover, the increasing use of batteries to store renewable energy in the utility sector is one of the key Brazil battery market trends.
- Heightening utilisation of industrial batteries for various applications, like offering backup power for telecom base stations and data centres and powering warehouse equipment, among others, is driving the market growth.
Market Segmentation
The EMR's report titled "Brazil Battery Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Primary
- Secondary
Market Breakup by Technology
- Lead-acid Battery
- Lithium-ion Battery
- Others
Market Breakup by Application
- Automotive
- Industrial Batteries
- Consumer Electronics
- Others
Market Breakup by Region
- Sao Paulo
- Minas Gerais
- Rio de Janeiro
- Bahia
- Rio Grande do Sul
- Others
Market Share by Technology
Lithium-ion battery accounts for a significant portion of the Brazil battery market share. This can be attributed to the increasing expansion of lithium production capacity across Jequitinhonha Valley and Minas Gerais. Favourable policies of the Brazilian government aimed towards escalating lithium investments in the nation, owing to the increasing demand for downstream lithium-ion battery products, are further fuelling the segment's growth.
Market Share by Application
According to the Brazil battery market analysis, consumer goods are expected to witness a heightened demand in the coming years. The growing popularity of social media and e-commerce platforms and rising disposable incomes have been scaling up the sales of consumer goods such as headphones, handheld power tools, and several types of electrical appliances, boosting the usage of rechargeable batteries.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the Brazil battery market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Clarios
Clariosis a company which develops battery technology. The company offers lead-acid and lithium-ion batteries to the end users. It was founded in 1885 and is headquartered in Wisconsin, the United States.
ENERSYS
ENERSYSis a leading battery manufacturer which provides stored energy systems and batteries for industrial applications. The company was founded in 2000 and is headquartered in Pennsylvania, the United States.
Moura Group
Moura Groupis a company which manufactures electrical equipment and components, along with energy accumulation solutions. Based in Brazil, the company is one of the largest suppliers of vehicle fleets in Latin America.
Other Brazil battery market players include Inventus Power, CBMM, Toshiba Corporation, Johnson Matthey, and Panasonic Corporation, among others.
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Brazil Battery Market Overview
5.1 Key Industry Highlights
5.2 Brazil Battery Historical Market (2018-2024)
5.3 Brazil Battery Market Forecast (2025-2034)
6 Brazil Battery Market by Type
6.1 Primary
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Secondary
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
7 Brazil Battery Market by Technology
7.1 Lead-acid Battery
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Lithium-ion Battery
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Others
8 Brazil Battery Market by Application
8.1 Automotive
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.1.3 Breakup by Battery Type
8.1.3.1 Lead-acid Battery
8.1.3.2 Lithium-ion Battery
8.1.3.3 Others
8.2 Industrial Batteries
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.2.3 Breakup by Battery Type
8.2.3.1 Lead-acid Battery
8.2.3.2 Lithium-ion Battery
8.2.3.3 Others
8.3 Consumer Electronics
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.3.3 Breakup by Battery Type
8.3.3.1 Lead-acid Battery
8.3.3.2 Lithium-ion Battery
8.3.3.3 Others
8.4 Others
9 Brazil Battery Market by Region
9.1 Sao Paulo
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Minas Gerais
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Rio de Janeiro
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Bahia
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
9.5 Rio Grande do Sul
9.5.1 Historical Trend (2018-2024)
9.5.2 Forecast Trend (2025-2034)
9.6 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Trade Data Analysis (HS Code - 856)
11.1 Major Exporting Country
11.1.1 By Value
11.1.2 By Volume
11.2 Major Importing Country
11.2.1 By Value
11.2.2 By Volume
12 Price Analysis
13 Competitive Landscape
13.1 Supplier Selection
13.2 Key Global Players
13.3 Key Regional Players
13.4 Key Player Strategies
13.5 Company Profiles
13.5.1 Clarios
13.5.1.1 Company Overview
13.5.1.2 Product Portfolio
13.5.1.3 Demographic Reach and Achievements
13.5.1.4 Certifications
13.5.2 ENERSYS
13.5.2.1 Company Overview
13.5.2.2 Product Portfolio
13.5.2.3 Demographic Reach and Achievements
13.5.2.4 Certifications
13.5.3 Moura Group
13.5.3.1 Company Overview
13.5.3.2 Product Portfolio
13.5.3.3 Demographic Reach and Achievements
13.5.3.4 Certifications
13.5.4 Inventus Power
13.5.4.1 Company Overview
13.5.4.2 Product Portfolio
13.5.4.3 Demographic Reach and Achievements
13.5.4.4 Certifications
13.5.5 CBMM
13.5.5.1 Company Overview
13.5.5.2 Product Portfolio
13.5.5.3 Demographic Reach and Achievements
13.5.5.4 Certifications
13.5.6 Toshiba Corporation
13.5.6.1 Company Overview
13.5.6.2 Product Portfolio
13.5.6.3 Demographic Reach and Achievements
13.5.6.4 Certifications
13.5.7 Johnson Matthey
13.5.7.1 Company Overview
13.5.7.2 Product Portfolio
13.5.7.3 Demographic Reach and Achievements
13.5.7.4 Certifications
13.5.8 Panasonic Corporation
13.5.8.1 Company Overview
13.5.8.2 Product Portfolio
13.5.8.3 Demographic Reach and Achievements
13.5.8.4 Certifications
13.5.9 Others
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