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Automotive Battery Market 2022 Future Trend, Growth rate, Opportunity, Industry Analysis to 2027- Hitachi Limited, Ohnson Controls, Inc., Chaowei Power Holding Limited
The report provides a strategic analysis of the Global Automotive Battery Market and the growth estimates for the forecast period 2022 to 2027. The report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. This report focuses on the major drivers, restraints, opportunities, and threats for key players. Also report focuses on Automotive Battery Market Trends, volume, and value at the global level, regional level, and company level.The Automotive Battery Market is expected to register a CAGR of 5.6% over the forecast period 2022 – 2027.
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Top companies operating in the Global Automotive Battery market profiled in the report are:
Luminous Power Technologies (P) Limited, Fengfan Co., Ltd., Zhejiang Haijiu Battery Co., Ltd., Hitachi Limited, Ohnson Controls, Inc., Chaowei Power Holding Limited, East Penn Manufacturing Co., Inc., EnerSys, Inc., GS Yuasa Corporation, Amara Raja Batteries Ltd., Su-Kam Power System Limited, Robert Bosch GmbH, Exide Technologies, Camel Group Co., Ltd., MK Battery International Limited, Huawei Corporation, FIAMM Group
Industry News:
In November 2020, Delhi-based battery maker Inverted Energy announced the opening of its lithium battery manufacturing facility in New Delhi, India. The commissioning of the plant, which currently has a production capacity of 100 MWh (megawatt hour) annually, is aimed at reducing the dependence on China.
In December 2020, LG Chem Ltd announced its plans to more than double the production capacity of battery cells it makes in China for Tesla Inc. electric vehicles (EV) in 2021 to keep up with its US client's growth in the biggest car market. The firm, a supplier for Tesla's Shanghai-built Model 3, would also ship its increased output from China and Korea to Tesla's factories in Germany and the United States.
Market Segmentation by Types covers:
Lithium-ion
Nickel-metal hydride
Nickel-cadmium
Gasoline
Lead-acid
Market Segmentation by Applications covers:
Electric Bikes
Electric Cars
Hybrid Cars
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The Asia-Pacific Region to Dominate the Automotive Battery Market
The Asia-Pacific region is expected to have the fastest growth in the automotive battery market value, owing to the increasing demand for such vehicles and high sales of passenger cars, commercial cars, and motorcycles. However, North America dominates the automotive battery market outlook as all the string lead-acid battery manufacturers are in the region, leading to the increasing demand for electric vehicles. The area also has strict norms toward using eco-friendly products, ensuring the automotive battery market share's sharp rise.
Regional Analysis for Automotive Battery Market:
North America, Latin America, Asia-Pacific, Africa, Europe, and others have been studied at length based on various parameters of businesses such as type, size, application, and end-users. The global Automotive Battery Market is presented for niche reading. The report presents portfolios of different strategies and the best practices governing businesses. Some applicable sales methodologies have been included in this research report, that could influence business output.
Major Points Covered in Table of Content:
Chapter 1: Automotive Battery Market Overview
Chapter 2: Analysis of Strategies of Leading Players of Automotive Battery Market
Chapter 3: Study on Key Market Trends
Chapter 4: Automotive Battery Market Forecasts
Chapter 5: Regional Growth Analysis of Automotive Battery Market
Chapter 6: Market Analysis
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Key Reasons to Purchase:
– To gain understanding analyses of the Automotive Battery Market and have a comprehensive understanding of the global market and its commercial landscape.
– To understand the most affecting driving and restraining forces in the market and their impact on the global market.
– To understand the future outlook and prospects for the Automotive Battery Market.
– To know the Key market trends across the business segments, Regions, and Countries.
– To analyze competitive growths such as new product launches, agreements, and share in the market.
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1- Country-level analysis for any 5 countries of your choice.
2- Competitive analysis of any 5 key market players.
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