Press release
Automotive Battery Market Will Multiply At An Impressive CAGR Of 5.3% By 2024 & Top Key Players Tesla Motors, Douglas Battery, East Penn Manufacturing Co., Exide Technologies, Fengfan Co. Ltd., Johnson Controls Inc., The Furukawa Battery Co., Zhejiang Hai
The global market for automotive battery market is expected to reach notable figure during the forecast period, expanding at a compound annual growth rate of 5.3% between the years 2017-2024. Factors such as rising urbanization and increasing number of automobiles on the road are anticipated to drive the demand for automotive batteries. Such factors combined with rising infrastructure are estimated to boom automotive battery market by noteworthy revenue by the end of 2024.
Request Free Sample Report @ https://www.researchnester.com/sample-request-342
In the regional segment, Asia-Pacific accounts for the highest market share in terms of revenue and is anticipated to witness significant growth owing to rapid industrialization accompanied by increasing manufacturing activities in this region by the end of 2024. Increasing automotive sales in India and China are anticipated to drive the growth of automotive battery market in Asia Pacific region. North America holds the second largest share in automotive battery and is likely to exhibit high growth avenues with U.S. automotive battery market owing to increasing research and development in automotive battery along with government initiatives for electric vehicles in this region. Further, Europe market for automotive battery is expected to witness a robust growth over the forecast period.
Automotive Industry Reflects Significant Opportunities
Riding on the back of rising disposable income and growing automotive industry, the automotive battery market is anticipated to show a tremendous growth over the forecast period. Rising demand for vehicles such as trucks, cars and two-wheelers combined with integration of features in automobiles like hands free calling, state of art sensors and car infotainment system is envisioned to bolster the growth of global automotive battery market. Moreover, factors such as increasing government initiatives and environmental concerns are believed to supplement the growth of the automotive battery market globally.
Request Table Of Content @ https://www.researchnester.com/request-toc-342
However, high energy consumption and pollution concerns are likely to inhibit the growth of the market in the near future.
The report titled “Automotive Battery Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the automotive battery market in terms of market segmentation by vehicle type, by battery type and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model. This report also provides the existing competitive scenario of some of the key players of the automotive battery market which includes company profiling of Tesla Motors, Douglas Battery, East Penn Manufacturing Co., Exide Technologies, Fengfan Co. Ltd., Johnson Controls Inc., The Furukawa Battery Co., Zhejiang Haijiu Battery Co., Zhejiang Narada Power Source Co., Fiamm SPA, Chaowei Power Holdings Ltd. and Hitachi Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the automotive battery market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Buy This Premium Report @ https://www.researchnester.com/payment/rep-id-342
About Us:-
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Follow Us:-
https://www.linkedin.com/company/research-nester-pvt.-ltd./
https://twitter.com/ResearchNester
https://www.facebook.com/Researchnester/
Contact Info:
Name: Ajay Daniel
Email: ajay.daniel@researchnester.com
Organization: Research Nester Pvt Ltd
Phone: +1 6465869123
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 Will Multiply At An Impressive CAGR Of 5.3% By 2024 & Top Key Players Tesla Motors, Douglas Battery, East Penn Manufacturing Co., Exide Technologies, Fengfan Co. Ltd., Johnson Controls Inc., The Furukawa Battery Co., Zhejiang Hai here
News-ID: 1158082 • Views: …
More Releases from Research Nester Pvt Ltd
E-commerce Market size to hit $215.2 Trillion by 2035 | Top companies include Am …
Market Outlook and Forecast
The global e-commerce market size is expected to reach USD 37.2 trillion in 2025, reflecting strong digital adoption across small enterprises, large corporations, and direct-to-consumer platforms. Driven by ecosystem modernization, fintech integration, and internet penetration, the market is forecast to expand significantly, reaching USD 215.2 trillion by 2035. During 2026-2035, the sector is projected to witness a CAGR of 19.2%, fueled by rising online shopping volumes, logistics…
PTFE Membrane Market size to exceed $5.06 Billion by 2036 | W. L. Gore & Associa …
Market Outlook and Forecast
The PTFE membrane market continues to strengthen its position as a critical materials segment within filtration, environmental protection, medical applications, and advanced manufacturing. In 2025, the market reached a valuation of USD 2.73 billion, reflecting steady adoption across end-use industries that require high-performance membranes with superior chemical resistance, thermal stability, and hydrophobicity. By 2036, the PTFE membrane market is projected to grow to USD 5.06 billion, supported…
Observability Tools and Platforms Market size to hit $172.1 Billion by 2035 | To …
Market Outlook and Forecast
The Observability Tools and Platforms Market is undergoing a transformative evolution as enterprises intensify their focus on digital resiliency, data-driven operations, and real-time performance insights. The market reached a valuation of USD 28.5 billion in 2025, supported by accelerating cloud adoption, container orchestration, AI-driven IT operations, and distributed application architectures. By 2035, the market is projected to expand substantially to USD 172.1 billion, supported by a strong…
Bioidentical Hormones Market size to surpass $4.7 Billion by 2035 | Top players …
Market Outlook and Forecast
The global Bioidentical Hormones Market is expanding steadily as clinical adoption widens and patient preference for natural hormone therapies strengthens. As of 2025, the market value stands at USD 2.8 billion, supported by rising prescription volumes for estrogen, progesterone, testosterone, and compounded bioidentical therapy formulations. By 2035, the Bioidentical Hormones Market is expected to reach USD 4.7 billion, driven by rising consumer awareness, clinical validation, and evolving…
More Releases for Battery
Thin Film Micro Battery Market, By Rechargeability (Primary Battery, Secondary B …
The thin film micro battery market is expected to witness market growth at a rate of 30.9% in the forecast period of 2022 to 2029. Data Bridge Market Research report on thin film micro battery market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand for the Internet of Things (IoT)…
Deep Cycle Gel Battery Market 2022 Analysis by Top Leading Players | Trojan Batt …
The Deep Cycle Gel Battery Market report offers qualitative and quantitative insights as well as a thorough examination of the market size and expansion rate of all potential market segments. The report has been put together using primary and secondary research methodologies, which offer an exact and detailed understanding of the Deep Cycle Gel Battery market. The Deep Cycle Gel Battery Market is projected to succeed at a CAGR of…
Global Power Energy Storage Battery Market 2019 - Lithium Ion Battery,All-vanadi …
Power Energy Storage Battery Market
The Global Power Energy Storage Battery Market 2019 Research Report incorporates a total and careful investigation of Power Energy Storage Battery industry covering diverse perspectives like market volume, piece of the overall industry, advertise techniques, Power Energy Storage Battery development patterns, assortment of uses, use volume, request and supply examination, creation limit and Power Energy Storage Battery industry cost structures amid Forecast period from…
Space Battery Market analysis report- with Leading players, Types Nickel-based B …
Space Battery Market
The Space Battery Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The report also analyzes the development proposals and the feasibility of new investments. The Space Battery Market report has been collated in order to provide guidance and direction to the companies and individuals interested in buying this…
Global EV Battery Recycling Market : Nickel–Cadmium Battery, Nickel–Metal Hy …
The EV Battery Recycling Market Research Report consists of all the essential information in regards to the global market. This report presents an in-depth analysis of various industry factors, such as the market trends, dynamics, production, estimates, industry development drivers, size, share, investigation, supply, forecast trends, sales, industry demand, as well as several other factors.
The Global EV Battery Recycling Market report has been generated leveraging a target amalgamation…
Global Lead Acid UPS Battery Market 2017 : Sebang Global Battery, CSB Battery, H …
Global Lead Acid UPS Battery Market 2016-2017
A market study based on the " Lead Acid UPS Battery Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Lead Acid UPS Battery Market 2017’. The research report analyses the historical as well as present performance of the worldwide Lead Acid UPS Battery industry, and makes predictions on the future status of Lead Acid UPS Battery…
