Press release
Automotive Battery Market 2018: Global Industry Analysis Report to 2023
Request a Free Sample of our Automotive Battery Market: https://www.omrglobal.com/request-sample/automotive-battery-market
The Global automotive battery market is expected to grow at a CAGR of 6.1 % during 2018-2023. The major factor that augments the global automotive battery market is increasing automobile sales, rising adoption of vehicle electrification, growing battery sales in the replacement market, growing lead-acid battery usage in the automobile sector. Though, lack of charging stations for electric vehicles, environmental concern such as lead toxicity, act as a barrier and hinders the growth of global automotive battery market. on the other hand, growing fuel cell-based batteries, R&D on newer battery technologies such as aluminum ion and aluminum air batteries and rising sales of electric vehicles in the forecasted year act as an opportunity and may augment the global automotive battery market in the forecasted year.
A full Report of Automotive Battery Market is Available at: https://www.omrglobal.com/industry-reports/automotive-battery-market
Global automotive battery market is divided regionally into North America, Europe, Asia Pacific and Rest of the World. APAC is growing at a significant pace and expected to occupy a major market share in the forecasted period. China is the major country in this region owing to overgrowing automobile sales and technological advancement. India is anticipated to become one of the leading economies of the world in the coming decades. It is the second most populous country after China and ranks third in terms of purchasing power parity, after China and the US. With a growing population, India is simultaneously experiencing massive urbanization, this will fuel the automobile sector in India and augment the automotive battery market in the forecasted year. Europe is showing growth in the next five years owing to widespread production of automobiles in countries such as Germany, Italy, Sweden, and the UK. The presence of major automotive manufacturers, such as Jaguar, Volkswagen, Volvo, Audi, BMW, Mercedes-Benz, and Fiat, in the region is anticipated to aid in industrial expansion.
• Automotive Battery Market Segmentation
By Types
Lead Acid Battery
Nickel Metal Battery
Lithium Ion Battery
Sodium Ion Battery
By Fuel Type
Internal Combustion (IC) Engine Vehicle
Electric Vehicle
By Vehicle Type
•
Two-Wheeler
Passenger
Commercial
•
Competitive Landscape
Key Strategies
Key Company Analysis
•
Regional Analysis
North American
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
APAC
India
China
Japan
Rest of APAC
Rest of The World
•
Company Profiles
Acdelco
Amaron
Atlasbx
Banner Batteries
C&D Technologies
Chaowei Power
CSB Battery
EAST PENN Manufacturing
Enersys
EXIDE Technologies
First National Battery
GS Yuasa Corporate
Johnson Controls
Midac Power
Narada Power
Northstar Battery
Panasonic
Sacred Sun Power Sources
Static Power, Inc.
Tianneng Power
Zibo Torch Energy Co. Ltd.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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