Press release
Automotive Battery Market Rising at 8.5% CAGR with Automotive Energy Supply Corporation, VARTA, Delphi Automotive, China Aviation Lithium, Exide, Amara Raja Batteries,A123 Systems
Market Overview:According to Market Prognosis, the Global Automotive Battery Market is accounted for $52.01 billion in 2017 and expected to grow at a CAGR of 8.5% to reach $109.12 billion by 2026. Factors such as increasing demand for transportation, rapid expansion in the automotive industry, large-scale availability of batteries in various sizes and specifications, stringent government initiatives for electric vehicles and growing consumer preference for pollution-free electric and hybrid vehicles are fuelling the market growth. However, fluctuating raw materials prices of nickel and lead are one of the major factors hampering the market growth.
Automotive battery is a battery that can be rechargeable and supply electric energy to automotive systems and automobiles. It is mainly known as ‘rechargeable battery’. The purpose of automotive batteries is to start the system and supply power to the vehicles when electrical requirements exceed the supply from the charging. It is a voltage stabilizer for voltage spikes in electrical vehicle systems and supplies power for the lighting systems and electrical accessories when the engine is not operating.
Detailed Sample Copy of Updated Analysis @ https://marketprognosis.com/sample-request/7818
By Battery, lithium ion segment held significant growth rate due to continuous efforts by automotive manufacturers to produce more vehicles with electric drive trains and plug-in hybrid vehicles. By Geography, Asia Pacific has registered the largest market share followed by North America during the forecast period owing to the growing demand for automotive applications in countries such as India and South Korea, high sales of commercial cars, passenger cars, and motorcycles, growing infrastructure and rising disposable incomes of people in Indonesia, Malaysia, Thailand and Philippines regions.
Top Industry Players:
Some of the key players in Global Automotive Battery Market: Automotive Energy Supply Corporation, VARTA, Delphi Automotive, China Aviation Lithium, Exide, Amara Raja Batteries,A123 Systems, East Penn Manufacturing Co., Panasonic Corporation, The Furukawa Battery Co., Samsung SD,Fengfan Co. Ltd., Toshiba Corporation, Johnson Controls, Saft Group S.A.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Request Discount on this repots @ https://marketprognosis.com/discount-request/14117
Market Segments:
Battery types Covered:
• Lithium Ion(LI-Ion)
• Lead Acid
• Nickel Metal Hydride(NI-MH)
• Gasoline
• Nickel-cadmium
• Others
Vehicles Covered:
• Electric vehicle
• Commercial vehicles
• Premium Vehicle
• Passenger vehicles
• Compact Vehicle
• Luxury Vehicle
• Mid-Sized Vehicle
Functions Covered:
• Lighting and ignition
• Electric propulsion
Sales Channels Covered:
• Aftermarket
• Original Equipment Manufacturer(OEM)
Enquiry Before Buying @ https://marketprognosis.com/enquiry/14117
About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
Contact us:
ProgMark Pvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Battery Market Rising at 8.5% CAGR with Automotive Energy Supply Corporation, VARTA, Delphi Automotive, China Aviation Lithium, Exide, Amara Raja Batteries,A123 Systems here
News-ID: 1113265 • Views: …
More Releases from Market Prognosis
Third-Party Logistics (3PL) Market Latest Study Focuses On Current, Future Innov …
The report covers a forecast and an analysis of the Third-Party Logistics (3PL) Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume.
Overview of the Global Third-Party Logistics (3PL) Market:
The report spread across 90 pages is an overview of the Global Third-Party Logistics (3PL) Market. These report study based on the Third-Party…
Ride-Hailing Market: An Insight on the Important Factors and Trends Influencing …
The report covers a forecast and an analysis of the Ride-Hailing Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume.
Overview of the Global Ride-Hailing Market:
The report spread across 90 pages is an overview of the Global Ride-Hailing Market. These report study based on the Ride-Hailing Market. It is a complete overview…
COVID-19 Impact on Professional Indemnity Insurance Market 2021-2026: Industry I …
The report covers a forecast and an analysis of the Professional Indemnity Insurance Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume.
Overview of the Global Professional Indemnity Insurance Market:
The report spread across 90 pages is an overview of the Global Professional Indemnity Insurance Market. These report study based on the Professional…
Modular Construction Market Future Growth Explored in Latest Research Report by …
The report covers a forecast and an analysis of the Modular Construction Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume.
Overview of the Global Modular Construction Market:
The report spread across 90 pages is an overview of the Global Modular Construction Market. These report study based on the Modular Construction Market. It…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
