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Global SLI Battery Market is set to expand over 3% by 2025 a Comprehensive Analysis | Key Players – East Penn, Leoch International, Crown Battery Power Sonic Corporation, Dyno Battery, Exide Industries Limited, Mutlu Battery and ACDelco amongst others
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Ongoing technological innovations coupled with changing consumer preferences toward personal mobility will drive market growth. The growing demand for additional electronics and equipment in automobiles will positively influence the demand for high capacity VRLA batteries. Furthermore, expertise in waste disposal processes and techniques toward battery recycling will propel the demand for recycled SLI batteries.
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Enhanced Flooded SLI battery market will expand over 5% by 2025. Optimized charge acceptance coupled with large charging cycles are some of the significant features that favor the adoption of these batteries over traditional LAB’s. The growing demand for high performance batteries for automobiles with high power supply demand will further boost business growth.
Russia SLI battery market will witness growth on account of increasing production of automobiles coupled with growing economic stability. Favorable government policies toward automobile manufacturing will further strengthen product adoption. For instance, on April 2018, the Russian government approved “Strategy of the development of the automotive industry in Russia up to 2025” with an aim toward improvement of technological competencies, export share and production of automotive components.
Mexico market size is anticipated to exceed 10 million units by 2025. Low labor wages and high compensation toward automotive assembly projects are some of the prominent factors which will augment the industry landscape. In addition, aggressive manufacturing incentives has created a favorable business environment for industry participants across the automotive industry. Robust battery recycling processes & infrastructure coupled with strong distribution channels will further strengthen the SLI battery market size.
The Middle East & Africa market in 2018, was valued over USD 2 billion and is set to witness strong growth over the forecast timeframe. Increasing per capita income coupled with growing number of Complete Knock-Down (CKD) plants will drive the industry growth. Recovering economic conditions along with growing construction activities will create a significant demand for buses, heavy trucks and other commercial vehicles which in turn will enhance business outlook.
Significant industry participants operating across the SLI battery market include ACDelco, Banner Batteries, Mutlu Battery, Exide, Interstate Batteries, Dyno Battery, Power Sonic Corporation, Trojan Battery, Crown Battery, FIAMM, Banner, Erdil Battery, Braille Battery, Leoch International, Johnson Controls, East Penn and Enersys amongst others.
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Chapter 3 Global SLI Battery Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014 – 2025 (USD Million)
3.3 Industry ecosystem analysis
3.4 Regulatory landscape
Chapter 4 Global SLI Battery Market, By Technology
4.1 Global SLI battery market share by technology, 2018 & 2025
4.2 Flooded
4.3 EFB
4.4 VRLA
Chapter 5 Global SLI Battery Market, By Sales Channel
5.1 Global SLI battery market share by sales channel, 2018 & 2025
5.2 OEM
5.2.1 Global market from OEM, 2014 – 2025
5.2.2 Global market from OEM by region, 2014 – 2025
5.3 Aftermarket
Browse Full Report @ https://www.gminsights.com/industry-analysis/sli-battery-market
What Information does this report contain?
• Historical data coverage: 2014 to 2018;
• Growth Projections: 2019 to 2025.
• Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
• 6-7-year performance forecasts: major segments covering applications, top products and geographies.
• Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research
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