Pakistan Battery Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Top Battery Companies in Pakistan Market and is segmented by Technology (Lithium-Ion Battery, Lead-Acid Battery, and Other Technologies) and Application (SLI Batteries, Industrial Batteries, Portable, Automotive, and Other Applications).

Pakistan Battery Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Pakistan Battery Market Size

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Pakistan Battery Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 3.50 %
Market Concentration Medium

Major Players

Pakistan Battery Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Pakistan Battery Market Analysis

The Pakistan Battery Market is expected to register a CAGR of greater than 3.5% during the forecast period.

  • Over the medium period, factors such as the growing automotive sector in the country and the low cost of lead and lithium are likely to drive the Pakistan battery market during the forecast period. Moreover, there has been a sharp increase in the sales of automobiles, particularly of the two- and four-wheeler varieties, which also include electric vehicles. This surged the demand for SLI batteries and lithium-ion batteries, which is expected to propel the Pakistan battery market.
  • On the other hand, an economic slowdown and increasing government debt will likely restrain the Pakistan battery market during the forecast period.
  • Nevertheless, increasing the FDI due to the OBOR (One Belt, One Road) project, which includes various infrastructure projects, is likely to create a massive opportunity for the battery companies to fully fill the requirement of energy storage demand. Moreover, transportation and the number of heavy vehicles are expected to increase due to infrastructure development, which is likely to boost the battery market during the forecast period.

Pakistan Battery Industry Overview

The Pakistani battery market is moderately fragmented due to few companies operating in the industry because of the complex technology. The key players in this market (in no particular order) include Zhejiang Narada Power Source Co. Ltd., Phoenix Battery Ltd., Atlas Battery Limited, Exide Pakistan Limited, and National Battery Industry Ltd.

Pakistan Battery Market Leaders

  1. Zhejiang Narada Power Source Co., Ltd.

  2. Phoenix Battery Ltd.

  3. Atlas Battery Limited

  4. Exide Pakistan Limited.

  5. National Battery Industry Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Pakistan Battery Market Concentration
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Pakistan Battery Market News

  • September 2022: NUR E-75, Pakistan's first locally manufactured and developed electric vehicle, claimed to have a range of 200 km with a top speed of 120 km/hr. The company DICE Foundation and private players in Pakistan were expected to start importing by the end of 2024.

Pakistan Battery Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD million, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 The Growing Automotive Sector in the Country
    • 4.5.1.2 The Low Cost of Lead and Lithium
    • 4.5.2 Restraints
    • 4.5.2.1 An Economic Slowdown and Increasing Government Debt
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 Technology
    • 5.1.1 Lithium-ion Battery
    • 5.1.2 Lead-acid Battery
    • 5.1.3 Other Technologies
  • 5.2 Application
    • 5.2.1 SLI Batteries
    • 5.2.2 Industrial Batteries
    • 5.2.3 Portable
    • 5.2.4 Automotive
    • 5.2.5 Other Applications

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Zhejiang Narada Power Source Co. Ltd.
    • 6.3.2 Phoenix Battery .
    • 6.3.3 Atlas Battery Limited
    • 6.3.4 Exide Pakistan Limited
    • 6.3.5 National Battery Industry Ltd.
    • 6.3.6 Volta & Osaka Batteries Ltd
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Increasing the FDI Due to the OBOR (One Belt, One Road) Project, Which Includes Various Infrastructure Projects
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Pakistan Battery Industry Segmentation

A battery can be defined as an electrochemical device (consisting of one or more electrochemical cells) that can be charged with an electric current and discharged whenever required. Batteries are usually devices that are made up of multiple electrochemical cells that are connected to external inputs and outputs. The Pakistani battery market is segmented by technology and application. By technology, the market is segmented into lithium-ion battery, lead-acid battery, and other technologies. By application, the market is segmented into SLI batteries, industrial batteries, portable, automotive, and other applications. For each segment, market sizing and forecasts have been done based on revenue (USD million).

Technology Lithium-ion Battery
Lead-acid Battery
Other Technologies
Application SLI Batteries
Industrial Batteries
Portable
Automotive
Other Applications
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Pakistan Battery Market Research FAQs

What is the current Pakistan Battery Market size?

The Pakistan Battery Market is projected to register a CAGR of greater than 3.5% during the forecast period (2025-2030)

Who are the key players in Pakistan Battery Market?

Zhejiang Narada Power Source Co., Ltd., Phoenix Battery Ltd., Atlas Battery Limited, Exide Pakistan Limited. and National Battery Industry Ltd. are the major companies operating in the Pakistan Battery Market.

What years does this Pakistan Battery Market cover?

The report covers the Pakistan Battery Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Pakistan Battery Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Pakistan Batteries Industry Report

Statistics for the 2025 Pakistan Battery market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Pakistan Battery analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Pakistan Batteries Market Report Snapshots