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Global Automotive Battery Aftermarket 2016-2020

Global Automotive Battery Aftermarket 2016-2020

About Automotive Battery Aftermarket

There is always a demand in the automotive world for the replacement of parts and accessories, for which consumers have to increasingly fall back on the aftermarket supplies. This has resulted in the strengthening of the automotive aftermarket for accessories and parts, including batteries. With the continuous technological advancement in the automotive world, the trend to install more and more electrical accessories in vehicles is generating the requirement for more powerful batteries to operate them.

Technavio’s analysts forecast the global automotive battery aftermarket to grow at a CAGR of 5.61% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive battery aftermarket for 2016-2020. To calculate the market size, the report considers the sales figures of the different vehicles segment such as passenger cars, LCVs, and M&HCVs.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Automotive Battery Aftermarket 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Johnson Controls
  • Exide Technologies
  • Panasonic
  • Robert Bosch
Market driver
  • Multiple limitations and short life cycle of lead-acid batteries
  • For a full, detailed list, view our report
Market challenge
  • Supercapacitors to increasingly replace batteries
  • For a full, detailed list, view our report
Market trend
  • Growing demand for absorbent glass mat (AGM) batteries
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive Battery Aftermarket 2016-2020

Technavio recognizes the following companies as the key players in the global automotive battery aftermarket: Johnson Controls, Exide Technologies, Panasonic, and Robert Bosch

Commenting on the report, an analyst from Technavio’s team said: “There is a growing demand for AGM batteries over the conventional lead acid batteries. AGM batteries are perfect for vehicles heavily equipped with electrical accessories such as navigation system, touchscreen infotainment systems, electric parking brakes, and technologies such as start and stop. With the increasing trend of installing more and more electrical accessories in vehicles, the popularity of AGM batteries has gone up.”

According to the report, the first rechargeable batteries for commercial use were lead acid batteries. Lead acid batteries continue to be widely used since they are dependable in terms of performance and price on cost-per-watt basis. However, since lead acid is heavy and is less durable, a full discharge in batteries causes strain and drains out the battery to a small amount of capacity

Further, the report states that the charge and discharge process in lead acid batteries is a slow process, and due to numerous charge and discharge cycles, the chemical compounds inside the battery get degraded over time. Due to this issue, lead acid batteries inherently have low power density and their ability to retain energy throughout their lifetime deteriorates due to material damage. This shortcoming of lead acid batteries has been overcome by the introduction of supercapacitors. Supercapacitors use a different storage mechanism and do not involve any chemical reactions, unlike lithium batteries. Supercapacitors are excellent regarding power density. They pack tremendous power that can be charged quickly, and they release that power in fast bursts of current. Supercapacitors are also environmentally friendly since it does not rely on metals and other toxic materials.



Companies Mentioned

Johnson Controls, Exide Technologies, Panasonic, Robert Bosch .

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Segmentation of global automotive battery aftermarket
    • Market size and forecast
      • Table Global automotive battery aftermarket 2015-2020 (millions of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by vehicle type
    • Global automotive battery aftermarket by vehicle type
      • Table Segmentation of global automotive battery aftermarket by vehicle type 2015 and 2020
      • Table Global automotive battery aftermarket 2015-2020 (millions of units)
    • Global automotive battery aftermarket in passenger car segment
      • Table Global automotive battery aftermarket in passenger car segment 2015-2020 (millions of units)
      • Table Global automotive battery aftermarket in passenger car segment by region 2015-2020 (millions of units)
    • Global automotive battery aftermarket in LCV segment
      • Table Global automotive battery aftermarket in LCV segment 2015-2020 (millions of units)
      • Table Global automotive battery aftermarket in LCV segment by region 2015-2020 (millions of units)
    • Global automotive battery aftermarket in M&HCV segment
      • Table Global automotive battery aftermarket in M&HCV segment 2015-2020 (millions of units)
      • Table Global automotive battery aftermarket in M&HCV segment by region 2015-2020 (millions of units)
  • Geographical segmentation
    • Geographical segmentation of global automotive battery aftermarket
      • Table Geographical segmentation of global automotive battery aftermarket 2015 and 2020
    • Global automotive battery aftermarket in Americas
      • Table Global automotive battery aftermarket in Americas 2015-2020 (millions of units)
    • Global automotive battery aftermarket in Europe
      • Table Global automotive battery aftermarket in Europe 2015-2020 (millions of units)
    • Global automotive battery aftermarket in APAC
      • Table Global automotive battery aftermarket in APAC 2015-2020 (millions of units)
  • Key leading countries
    • Table Key leading countries
  • Market drivers
    • Table Global automotive battery aftermarket drivers
    • Multiple limitations and short life cycle of lead-acid batteries
    • Growing traffic congestion in cities
    • Increase in use of electrical accessories in cars
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Challenges in automotive battery aftermarket
    • Rise in counterfeit automotive products
    • Supercapacitors to increasingly replace batteries
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Trends in automotive battery aftermarket
    • Growing demand for absorbent glass mat (AGM) batteries
    • Increase in average miles driven
    • Rising interest in road trip tourism
  • Vendor landscape
    • Competitive scenario
  • Key vendor analysis
    • Johnson Controls
      • Table Johnson Controls business segmentation by revenue 2015
      • Table Johnson Controls product portfolio
    • Exide Technologies
      • Table Exide technologies product portfolio
    • Panasonic
      • Table Panasonic business segmentation by revenue 2015
    • Robert Bosch
      • Table Business segmentation by revenue 2015
      • Table Bosch geographical segmentation by revenue 2015
      • Table Bosch product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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