
Automotive Lead Acid Battery Market, By Battery Type (Flooded, Enhanced Flooded, AGM), By Sales Channel (OEM and Aftermarket), By Vehicle Type (Passenger car and Light commercial vehicle), By Region (North America, Europe, Asia Pacific, Latin America, Mid
Description
Automotive Lead Acid Battery Market, By Battery Type (Flooded, Enhanced Flooded, AGM), By Sales Channel (OEM and Aftermarket), By Vehicle Type (Passenger car and Light commercial vehicle), By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
An automotive lead acid battery is a rechargeable battery that supplies the electric current to an automotive vehicle. Lead acid battery comprises of two different acid and electrodes. This chemicals reacts with each other to produce electric energy from chemical energy. The primary goal of automotive lead acid battery is to provide the starter, which starts the engine. Apart from supplying power to run the vehicle, lead acid batteries provide voltage to vehicle accessories such as music player, air conditioner charging plugs, radio, and wipers. On the basis of vehicle types global automobile lead acid battery is segmented into passenger cars and light motor vehicles. In 2021, passenger cars sub segment dominated the global automotive lead acid battery market with 75.6%.
The Global Automotive Lead Acid Battery Market is estimated to account for US$ 25,871.30 Mn in terms of value by the end of 2030.
Market Dynamics
Increasing demand of lead acid batteries in electric vehicles is expected to drive the global lead acid battery in automotive market in the forecast period. Automotive industry is shifting from IC engine vehicles to electric vehicles. This shift is due to advancement of electric vehicles technologies and initiative from electric vehicle companies such as Tesla which are making huge development in battery technologies.
Moreover, Lead-Acid battery provides advantages over the Li-ion batteries such as less sensitivity towards temporaries, constant voltage and others. Though electric vehicles are shifting towards Lithium ion batteries however for certain advantages of lead acid batteries over the Lithium ion batteries are expected to drive the global automobile lead acid battery market in the forecast period.
Key features of the study:
An automotive lead acid battery is a rechargeable battery that supplies the electric current to an automotive vehicle. Lead acid battery comprises of two different acid and electrodes. This chemicals reacts with each other to produce electric energy from chemical energy. The primary goal of automotive lead acid battery is to provide the starter, which starts the engine. Apart from supplying power to run the vehicle, lead acid batteries provide voltage to vehicle accessories such as music player, air conditioner charging plugs, radio, and wipers. On the basis of vehicle types global automobile lead acid battery is segmented into passenger cars and light motor vehicles. In 2021, passenger cars sub segment dominated the global automotive lead acid battery market with 75.6%.
The Global Automotive Lead Acid Battery Market is estimated to account for US$ 25,871.30 Mn in terms of value by the end of 2030.
Market Dynamics
Increasing demand of lead acid batteries in electric vehicles is expected to drive the global lead acid battery in automotive market in the forecast period. Automotive industry is shifting from IC engine vehicles to electric vehicles. This shift is due to advancement of electric vehicles technologies and initiative from electric vehicle companies such as Tesla which are making huge development in battery technologies.
Moreover, Lead-Acid battery provides advantages over the Li-ion batteries such as less sensitivity towards temporaries, constant voltage and others. Though electric vehicles are shifting towards Lithium ion batteries however for certain advantages of lead acid batteries over the Lithium ion batteries are expected to drive the global automobile lead acid battery market in the forecast period.
Key features of the study:
- This report provides an in-depth analysis of the Global Automotive Lead Acid Battery Market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
- It profiles leading players in the Global Automotive Lead Acid Battery Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered in the Global Automotive Lead Acid Battery Market are Exide Technologies, Enersys Inc., FIAMM S.p.A, Johnson Controls Inc., Exide Industries, GS Yuasa Corporation, CSB Battery Technologies, Panasonic Corporation, East Penn Manufacturing Company, and Leoch International Technology Limited.
- The key market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
- The Global Automotive Lead Acid Battery Market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Automotive Lead Acid Battery Market.
- Global Automotive Lead Acid Battery Market, By Battery Type:
- Flooded
- Enhanced Flooded
- AGM
- Global Automotive Lead Acid Battery Market, By Sales Channel:
- OEM
- Aftermarket
- Global Automotive Lead Acid Battery Market, By Vehicle Type:
- Passenger car
- Light commercial vehicle
- Global Automotive Lead Acid Battery Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profiles
- Exide Technologies*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Enersys Inc.
- FIAMM S.P.A
- Johnson Controls Inc.
- Exide Industries
- GS Yuasa Corporation
- CSB Battery Technologies
- Panasonic Corporation
- East Penn Manufacturing Company
- Leoch International Technology Limited.
- Qualifacts Systems Inc.
- Valant Medical Solutions Inc.
- Welligent Inc.
Table of Contents
130 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Battery Type
- Market Snippet, By Sales Channel
- Market Snippet, By Vehicle Type
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launch/Approvals
- Impact of COVID-19 Pandemic
- 4. Global Automotive Lead Acid Battery Market, By Battery Type, 2017-2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
- Flooded
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Enhanced Flooded
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- AGM
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- 5. Global Automotive Lead Acid Battery Market, By Sales Channel, 2017-2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
- OEM
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Aftermarket
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- 6. Global Automotive Lead Acid Battery Market, By Vehicle Type, 2017-2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
- Passenger car
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Light commercial vehicle
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- 7. Global Automotive Lead Acid Battery Market, By Region, 2017-2030 (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
- North America
- Regional Trends
- Market Size and Forecast, By Battery Type, 2017–2030 (US$ Million)
- Market Size and Forecast, By Sales Channel, 2017–2030 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2017–2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Battery Type, 2017–2030 (US$ Million)
- Market Size and Forecast, By Sales Channel, 2017–2030 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2017–2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- U.K.
- Germany
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Battery Type, 2017–2030 (US$ Million)
- Market Size and Forecast, By Sales Channel, 2017–2030 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2017–2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Battery Type, 2017–2030 (US$ Million)
- Market Size and Forecast, By Sales Channel, 2017–2030 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2017–2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East and Africa
- Market Size and Forecast, By Battery Type, 2017–2030 (US$ Million)
- Market Size and Forecast, By Sales Channel, 2017–2030 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2017–2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- South Africa
- GCC Countries
- Rest of the Middle East and Africa
- 8. Competitive Landscape
- Company Profiles
- Exide Technologies
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Enersys Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- FIAMM S.p.A
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Johnson Controls Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Exide Industries
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- GS Yuasa Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- CSB Battery Technologies
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Panasonic Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- East Penn Manufacturing Company
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Leoch International Technology Limited.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Analyst Views
- 9. Section
- References
- Research Methodology
- About us and Sales Contact
- *Browse 60 market data tables and 40 figures on "Global Automotive Lead Acid Battery Market- Global forecast to 2030”.
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