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Vietnam Battery Companies (2024 - 2029)

Various companies in the battery technology industry, including multinational corporations and joint stock firms, are making significant strides in the market. These enterprises are innovating and developing new power sources, contributing to the growth and advancement of the sector. The battery technology companies, ranging from those specializing in industrial batteries to those focusing on sustainable power sources, are playing a crucial role in the industry's evolution and progression.

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Team License

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Corporate License

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Book before:

Top Companies in Vietnam Battery Market

This report lists the top Vietnam Battery companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Vietnam Battery industry.

  1. Vision Group

  2. PINACO

  3. GS Battery Vietnam Co. Ltd

  4. Leoch Battery Corporation

  5. Heng Li (Vietnam) Battery Technology Co. Ltd

*Disclaimer: Top companies sorted in no particular order

Vietnam Battery Market Major Players

Vietnam Battery Market Concentration

Vietnam Battery Market Concentration

Vietnam Battery Company List

  1. 1. INTRODUCTION

    1. 1.1 Scope of the Study

    2. 1.2 Market Definition

    3. 1.3 Study Assumptions

  2. 2. EXECUTIVE SUMMARY

  3. 3. RESEARCH METHODOLOGY

  4. 4. MARKET OVERVIEW

    1. 4.1 Introduction

    2. 4.2 Market Size and Demand Forecast in USD million, till 2029

    3. 4.3 Recent Trends and Developments

    4. 4.4 Government Policies and Regulations

    5. 4.5 Market Dynamics

      1. 4.5.1 Drivers

        1. 4.5.1.1 Declining Lithium-ion Battery Prices

        2. 4.5.1.2 Growing Demand for Lithium-ion Batteries in the Country

      2. 4.5.2 Restraints

        1. 4.5.2.1 The Country Relies on Pumped Hydro Storage Rather than Battery Storage Systems

    6. 4.6 Supply Chain Analysis

    7. 4.7 PESTLE Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Battery Technology

      1. 5.1.1 Lead-acid Battery

      2. 5.1.2 Lithium-ion Battery

      3. 5.1.3 Other Battery Types

    2. 5.2 Application

      1. 5.2.1 Automotive

      2. 5.2.2 Data Centers

      3. 5.2.3 Telecommunication

      4. 5.2.4 Energy Storage

      5. 5.2.5 Other Applications

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Strategies Adopted by Leading Players

    3. 6.3 Company Profiles

      1. 6.3.1 Vision Group

      2. 6.3.2 Leoch International Technology Limited

      3. 6.3.3 PINACO

      4. 6.3.4 Saite Power Source(Vietnam) Co. Ltd

      5. 6.3.5 Heng Li (Vietnam) Battery Technology Co. Ltd

      6. 6.3.6 Ritar Power (Vietnam) Company Limited

      7. 6.3.7 TIA Sang Battery Joint Stock Company

      8. 6.3.8 GS Battery Vietnam Co. Ltd

      9. 6.3.9 Eni- Florence Vietnam Co. Ltd

      10. 6.3.10 Kung Long Batteries Industrial Co. Ltd

    4. *List Not Exhaustive

    5. 6.4 Potential List of Distributors/Importers with Their Battery Brands

    6. 6.5 Market Ranking Analysis

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Rising Focus on Technologically Advanced Batteries by End Users and Manufacturers


Specific to Vietnam Battery Market
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Competitive Landscape Report Includes

Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.

Vietnam Battery Market Companies Summary

The Vietnam battery market is projected to see significant growth in the coming years, driven by factors such as declining lithium-ion battery prices and increasing demand for lead-acid batteries. However, the country's reliance on pumped hydro storage over battery storage systems may hinder the growth of battery-based energy storage systems and the battery market. Despite this, the rising focus on technologically advanced batteries by end users and manufacturers is expected to create substantial opportunities for firms in the battery sector to invest and redirect their resources towards breakthrough battery technology. The lead-acid battery is set to dominate the Vietnam battery market, with its primary use being in automotive applications. The low cost of these batteries makes them a preferred choice when price is a critical factor, and they are commonly used in backup supplies for mobile phone towers, hospitals, and off-grid remote storage. On the other hand, the penetration of electric vehicles is anticipated to provide a significant boost to the lithium-ion battery market. The government's aim to develop major cities into smart cities, coupled with new developments in EV manufacturing plants and vehicles, is expected to increase lithium-ion battery manufacturing in the country. The battery market in Vietnam is moderately fragmented, with several key players contributing to the market's growth.

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Vietnam Battery Companies - Table of Contents

  1. 1. COMPETITIVE LANDSCAPE

    1. 1.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 1.2 Strategies Adopted by Leading Players

    3. 1.3 Company Profiles

      1. 1.3.1 Vision Group

      2. 1.3.2 Leoch International Technology Limited

      3. 1.3.3 PINACO

      4. 1.3.4 Saite Power Source(Vietnam) Co. Ltd

      5. 1.3.5 Heng Li (Vietnam) Battery Technology Co. Ltd

      6. 1.3.6 Ritar Power (Vietnam) Company Limited

      7. 1.3.7 TIA Sang Battery Joint Stock Company

      8. 1.3.8 GS Battery Vietnam Co. Ltd

      9. 1.3.9 Eni- Florence Vietnam Co. Ltd

      10. 1.3.10 Kung Long Batteries Industrial Co. Ltd

    4. *List Not Exhaustive

    5. 1.4 Potential List of Distributors/Importers with Their Battery Brands

    6. 1.5 Market Ranking Analysis

Vietnam Battery Companies FAQs

Vision Group, PINACO, GS Battery Vietnam Co. Ltd, Leoch Battery Corporation and Heng Li (Vietnam) Battery Technology Co. Ltd are the major companies operating in the Vietnam Battery Market.

Vietnam Battery Market Report Snapshots

Vietnam Battery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)