Automotive Battery Market 2018 Global Key Players Analysis To 2023: Global Johnson Controls Haldex, ZF TRW, Hitachi, EnerSys, Furukawa, Leoch, GS Yuasa, Crown Battery, and Exide Industries

Automotive Battery Market 2018 is latest market research report published by “Market Research Future”, which includes comprehensive information on Global Automotive Battery Market with historic and forecast data on Automotive Battery Industry Size, Share, Growth, Trends, And Key Company Analysis with Regional Outlook To 2023. Global Automotive Battery Market to Perceive a High Rate of Gains in the Forecast Period by 2023.

Automotive Battery market is segmented by battery type (lead acid, nickel metal hydride, lithium ion, others), vehicle type (passenger vehicles, commercial vehicles) and by Regions.

Automotive Battery Market Key Companies Analyzed In Report Are:

Johnson Controls International plc.(U.S.), Haldex Incorporated (Sweden), ZF TRW Automotive Holdings Corporation (U.S.), Hitachi Ltd.(Japan), EnerSys (U.S.), Furukawa Electric Co. Ltd. (Japan), Leoch International Tech (China), GS Yuasa Corporation (Japan), Crown Battery Manufacturing Company (U.S.), and Exide Industries Limited (India).

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Automotive Battery Market Overview:

The automotive battery market has expanded considerably due to the rise in the production of cars globally. Market focused reports associated with the automobile industry among others of late have been made available by Market Research Future which issues reports on this industry. The market is anticipated to develop at an unparalleled growth rate in the forecast period.

Automotive batteries are an important part of automobiles, and face a relatively high level of inelastic demand; this contributes in a major way to the expansion of the market in the forecast period. Factors such as the introduction of technologies such as ADAS, the demand for automotive battery, occupant sensing and vehicle connectivity, is estimated to considerably develop the market for the duration of the forecast period. Growing demand for passenger vehicles is also expected to transform the development pace by 2023.

Industry Segments

The segmentation of the automotive battery market is carried out on the basis of battery type, vehicle type, and region. The battery type based segmentation of the market consists of nickel metal hydride, lead acid, lithium ion and others. The segmentation of the vehicle type segments the market into commercial vehicles and passenger vehicles. The regions covered in the market are Europe, North America, APAC and Rest of the World.

Detailed Regional Analysis:

The market for automotive battery systems is estimated to develop with a rise in the demand for automobiles, primarily in the European region and the United States. There is also a vast demand base for commercial vehicles in the United States. With the surge in the demand of commercial vehicles, there is an escalation in demand for automotive battery systems market. The progress of the European region is also fuelled by the existence of major auto producers, who are primarily concentrating on achieving the growing demand for both commercial and passenger vehicles. Due to the combination of these factors, the progress of the regions is anticipated to develop at a speedy pace. The existence of the most populated countries of the world such as China and India, the control of APAC in the automotive battery systems market globally, is obvious. The fast pace of growth in the Asian automotive market is anticipated to lift the demand for automotive battery market in this region. Moreover, the thriving electric two wheeler segment in the Asia Pacific region, has enormous potential for the market for automotive battery, through the forecast period. This is anticipated to give the manufacturers, extra opportunities to grow additional revenue streams. The market has also experiencing speedy development in the last two years, due to the rising sales of passenger cars, developing economies, shifting of global competitors and technological developments. These reasons will give a much needed boost to the market for automotive battery systems.

Global Competitive Analysis:

The prominent trends and players have led to a positive tone for development. The important trends and players have established a positive tone for development. The prospects for growth and innovation have amplified at a rapid pace transforming the market. Engaging and converting prospective opportunities is modifying the growth pace of the market considerably. The stimulus for the market’s growth has changed the competitive backdrop of the market. By making certain supply and demand are in balance, the competitors can reveal new opportunities for growth.  The competitors in the market have been encouraged to plan strategic road-maps that capitalize on the positive market cues.

Industry Updates:

May 2018 Panasonic Corp which is Tesla Inc’s battery cell supplier recently stated that it is aiming to make automotive batteries without the inclusion of cobalt in the near future following soaring prices of the key battery ingredient. The top battery makers are trying hard to decrease the cobalt content in lithium-ion batteries as the cost of the mineral has increased over the recent years, and the growth of the electric vehicles segment is estimated to lead to cobalt shortages ultimately.

REPORT CONTENT:

CHAPTER 1. METHODOLOGY AND SCOPE

1.1. RESEARCH METHODOLOGY

1.1.1. INITIAL DATA EXPLORATION

1.1.2. STATISTICAL MODELING AND FORECAST

1.1.3. INDUSTRY INSIGHTS AND VALIDATION

1.2. DATA SOURCES

CHAPTER 2. EXECUTIVE SUMMARY

2.1. AUTOMOTIVE BATTERY INDUSTRY 3600 SYNOPSIS, 2012 – 2023

2.1.1. BUSINESS TRENDS

2.1.2. BATTERY TYPE TRENDS

2.1.3. VEHICLE TYPE TRENDS

CHAPTER 3 AUTOMOTIVE BATTERY INDUSTRY INSIGHTS

3.1 INDUSTRY SEGMENTATION

3.2 INDUSTRY SIZE AND FORECAST

3.3 INDUSTRY ECOSYSTEM ANALYSIS

3.4 INDUSTRY IMPACT FORCES

3.4.1 GROWTH DRIVERS

3.5 GROWTH POTENTIAL ANALYSIS

3.6 COMPANY MARKET SHARE ANALYSIS, 2015

3.7 PORTER’S ANALYSIS

3.8 PESTEL ANALYSIS

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