According to U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA), some lithium battery Interim Final Rule (IFR) was made in order to use or transport lithium batteries and they included Limiting lithium-ion cells and batteries to 30% state of charge (SOC). This SOC limit does not apply to cells and batteries packed with or contained in equipment, Prohibiting lithium-ion cells and batteries as cargo on passenger aircraft. Again, this prohibition does not apply to cells and batteries packed with or contained in equipment. In addition, PHMSA is providing a limited exception from this prohibition for lithium ion and lithium metal cells and batteries designed to power medical devices and limiting the use of excepted lithium ion and lithium metal cell and battery shipments to one package per consignment.

The article cited AMA's "Global Rechargeable Batteries Market Study" explored substantial growth of %. According to the report, Adoption of Water-Based Batteries is one of the primary growth factors for the market. Increasing Demand from Consumer Electronics Globally is also expected to contribute significantly to the Rechargeable Batteries market. Overall, Electronics applications of Rechargeable Batteries, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Industry Type, such as Automobile Industry, is boosting the Rechargeable Batteries market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Material Type, such as Nickel-Cadmium, is boosting the Rechargeable Batteries market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Rechargeable Batteries market identified that the demand is rising in many different parts of the world as "Growing Advancement in Technology Such as 3D Printed Lithium-Ion Cells ". Furthermore, some recent industry insights like "In March 2018, Samsung SDI introduced its new ESS product, a high-capacity 111Ah (Ampere hour) ESS battery cell, in which the energy density is substantially increased as compared to other batteries cells" is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Rechargeable Batteries market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Rechargeable Batteries market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Rechargeable Batteries Market Study

Data Triangulation
The overall Rechargeable Batteries market size is calculated using market estimation process, the Rechargeable Batteries market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Rechargeable Batteries market size has been validated using both top-down and bottom-up approaches.