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Europe Automotive Start-Stop Battery Market 2020 Trends | Key players are Clarios, East Penn Manufacturing Co., Inc., Exide Technologies, Enersys, Leoch International Technology Limited,
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Europe Automotive Start-Stop Battery Market is anticipated to exceed USD 3 billion by 2025. Introduction of stringent vehicle emission standards & mandates has increased the adoption of automobiles with high fuel efficiency which will boost the industry growth. Increasing efforts aimed toward the decarbonization of European economy will further propel the product demand over the forecast timeline.
Surging demand for automobiles owing to strong inclination toward personal vehicles & mobility along with growing implementation of advanced vehicle technologies will drive the Europe automotive start-stop battery market growth.
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AGM battery market is anticipated to witness gains over 4% by 2025. The ability of these units to provide reliable operation and superior cranking performance during extreme weather conditions will positively influence the product demand. Shifting trends toward the installation of additional electronic equipment including infotainment & lighting systems amongst others along with growing demand for premium segment vehicles will further proliferate the business landscape.
HEV battery segment will witness growth on account of increasing R&D investments toward the hybridization of the automobile power train. Increasing efforts toward cost effective automobile manufacturing coupled with increasing subsidies & tax benefits to consumers for the adoption of hybrid vehicles will positively influence the Europe automotive start-stop battery market over the forecast timeframe.
Strong incentive support, increasing vehicle production and cost competitive labor force are some of the key underlying features favoring the Turkey automotive start-stop battery market growth Rising per capita income coupled with strong macro-economic growth has created a favorable scenario for the sales of new vehicles. The adoption of new vehicle technologies is supported by the presence of multiple original equipment manufacturers (OEM's) including Ford, Daimler and Fiat, which in turn will further augment the industry landscape.
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