Press release
Automotive Lead Acid Battery Market Size worth US$ 34,535.01Million 2027 | Exide Technologies, Johnson Controls Inc., CSB Battery Technologies, GS Yuasa Corporation, among others.
Automotive Lead Acid Battery Market
Global Automotive lead acid battery market provides a thorough analysis of the automotive lead acid battery segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities in This report includes exclusive data gathered by a team of research and industry specialists.
Automotive Lead Acid Battery Market report 2021 provides detailed information on the current market size in terms of production, value, consumption and distribution in key areas such as North America, Asia Pacific (China, Japan) and Europe.
Top Key Players:
Major companies contributing to the global Automotive Lead Acid Battery Market include: Exide Technologies, Enersys Inc., FIAMM S.p.A, Johnson Controls Inc., Exide Industries, GS Yuasa Corporation, CSB Battery Technologies, Panasonic Corporation, East Penn Manufacturing Company, and Leoch International Technology Limited.
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Global Automotive Lead Acid Battery Market Segmentation:
By Battery Type
Flooded
Enhanced Flooded
AGM
By Sales Channel
OEM
Aftermarket
By Vehicle Type
Passenger car
Light commercial vehicle
Market Dynamics:
In the last few years, the number of batteries produced has increased steadily. In North America alone, there are almost 500 different lead acid manufacturers from a wide variety of manufacturers. Some major manufacturers that are prominent in the automotive industry are Sony, Bosch, and LG Chem. It is not surprising to find that these leading players have also established large manufacturing plants in Asia Pacific.
The automotive lead acid battery market in North America is expected to witness significant decline, as sales of motorcycles and cars witness downward trend. For instance, Yamaha Motor Co. has projected that the company’s motorcycle sales will drop 4.7% to 60,000 units in North America in 2020. During the fiscal year ended December 31, 2019, motorcycle sales dropped 6.3% to 63,000 units year over year. Similarly, Harley-Davidson Inc. reported that retail sales volumes dropped 4.3% in 2019 from 2018.
The global automotive lead acid battery production has been increasing steadily since early 1990s. The production rate is predicted to be about 50 million a year by the end of the next decade. This is expected to grow to around 100 million a year in the coming decade. In North America alone, the average production for automotive lead acid batteries is estimated at over three million a year. Asia Pacific is expected to make a significant contribution to the automotive lead acid battery market.
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Regional Classification:
Europe:
Italy
UK
Norway
France
Others
Asia Pacific:
India
China
Japan
Pakistan
South Korea
Others
Rest of World:
Turkey
Israel
Saudi Arabia
Brazil and Others
Key questions answered in this report
What will the market size be in 2027 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges Makeup Packaging market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Contact Us:
Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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