Press release
Automotive Starting Battery Market | To See Huge Growth & Profitable Business | Key Players – East Penn Manufacturing Company, Johnson Controls, EXIDE Technologies, GS Yuasa, BYD Co. Ltd, Robert Bosch GmbH, Saft Groupe SA
The automotive battery is a battery that supplies electric energy to automobiles, it is also widely known as a “rechargeable battery”. The automotive batteries are mainly used for starting, lighting, and ignition (SLI) systems and their main purpose is to start the system. Apart from starting the engine, automotive batteries supply the extra power required when the vehicle’s electrical requirements exceed the supply from the charging system. Moreover, the automotive starting battery is a stabilizer that balances potentially damaging voltage spikes. Owing to the growing demand for electric and hybrid vehicles, across the globe, alternate batteries such as absorbent glass mat (AGM) and enhanced flooded battery (EFB) are favored due to their better functionality and performance. In addition, the rise in electrification and modification, particularly for micro-hybrid and electric vehicles, are leading to a growing inclination toward absorbent glass mat (AGM) and enhanced flooded battery (EFB) batteries.
Download Report Sample (PDF with Insights, Charts, Tables, Figures) at: https://www.alliedmarketresearch.com/request-sample/10476
COVID-19 scenario analysis:
Many companies have claimed that the disruption in the supply of components from various countries due to the outbreak of Covid-19 will impact the company’s planned production.
The ongoing issue of COVID-19 in several countries has affected the supply of many components to companies manufacturing facilities.
Almost every worker in every company has affected due to the pandemic, as there are jobs and salary cuts by the companies.
The COVID-19 is one of the first pandemics of its kind that is forcing the automotive industry to re-think its business
The premium segment may revive soon in the market but it will take a long time to get back on track for the entire market after the lockdown.
Get detailed COVID-19 impact analysis:https://www.alliedmarketresearch.com/request-for-customization/10476?reqfor=covid
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Some of the factors that boost the market growth include rise in integration of electronics and surge in demand for transportation. However, the safety issues related to battery uses, failure of battery due to excess heat, and underdeveloped infrastructure for electric vehicles are considered as the key factors restraining the growth of this market. Furthermore, the surge in demand for hybrids & environmental studies (EVS) and R&D in batteries for hybrid & environmental studies (EVS) are expected to offer lucrative opportunities for the market.
The automotive starting battery market trends are as follows:
Surge in integration of electronics
The use of electric power in the vehicle as fuel is a new growing trend over the past decade. The environmental changes and scarce oil resources are the driving force behind their increasing adoption. In addition, electric power is cheaper and cleaner than conventional fuels, which helps in the reduction of CO2 emissions, which are responsible for global warming. Moreover, the technological advancements in the field of alternative fueled vehicles such as electric vehicles are estimated to present an attractive opportunity for the market players. Hence, the increased traffic of international transportation has led to increased demand for automobile transport which has led to the growth of the automotive starting battery market.
Increase in demand for transportation
The transportation industry across the globe has grown significantly over the past few years. The increase in population and subsequent change in demand for the vehicle have increased. In addition, surge in population and economic growth are responsible for increasing automobile sales as well as sales of other ways of transportation such as marine, two-wheelers, and aviation. Moreover, governments across the globe are also promoting the adoption of alternative fuel vehicles to reduce the dependence on oil imports as well.
Interested to Procure the Data? Inquire here at: https://www.alliedmarketresearch.com/purchase-enquiry/10476
Key benefits of the report:
This study presents the analytical depiction of the automotive starting battery market industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the automotive starting battery market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the automotive starting battery market scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed automotive starting battery market analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions answered in the wave windsurf boards market research report:
What are the leading market players active in the automotive starting battery market?
What are the current trends that will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What are the projections for the future that would help in taking further strategic steps?
Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at: https://www.alliedmarketresearch.com/connect-to-analyst/10476
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
About Allied Market Research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
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 Starting Battery Market | To See Huge Growth & Profitable Business | Key Players – East Penn Manufacturing Company, Johnson Controls, EXIDE Technologies, GS Yuasa, BYD Co. Ltd, Robert Bosch GmbH, Saft Groupe SA here
News-ID: 2285384 • Views: …
More Releases from Allied Market Research
Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion …
Allied Market Research published a new report, titled, "Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion by 2032." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine…
MarTech Market Witnessing CAGR of 18.5% Hit USD 1.7 Trillion by 2032
The global marketing technology market is experiencing growth due to several factors, including the increasing digital transformation, the surge in demand for personalized experience, and the proliferation of automation and efficiency. However, data privacy and compliance, and the high cost of implementation are expected to hamper market growth. Furthermore, the growing integration of AI and ML technologies and the increase in demand for real-time marketing are anticipated to provide lucrative…
Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Bi …
Allied Market Research published a new report, titled, "Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Billion by 2031 ." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and…
Digital Educational Publishing Market Growing at 15.9% CAGR Reach USD 41.5 Billi …
The Market report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.
The global Digital Educational Publishing Market was valued at $9.9 billion in 2021, and is projected to reach $41.5 billion by 2031, growing at…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
