Press release
Automotive Lead Acid Battery Market Report with Size, Share, Value, CAGR, Outlook, Analysis, Latest Updates, Data, and News 2027 - Johnson controls, Tianneng Power, GS Yuasa
The Automotive Lead Acid Battery Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. The market report additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the players and companies to contribute to the Automotive Lead Acid Battery market growth.The Global Automotive Lead Acid Battery Market Size is Projected to Reach at a CAGR of 5% during 2022-2027.
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Top Leading Companies:
Johnson controls, Tianneng Power, GS Yuasa, Chaowei Power, Exide Technologies, Leoch, Camel, Narada Power, Enersys, Fengfan, Amara Raja, Sebang, AtlasBX, Furukawa, Sacred Sun Power, Hitachi Chemical, Hoppecke Batterien, Shoto, Banner, AC Delco, Trojan, Fujian Quanzhou Dahua, Coslight Technology, Nipress, Crown Battery Corporation, First National Battery, Yokohama Batteries, Midac, C&D Technologies, North Star
Recent Development:
In March 2016, GS Yuasa introduced the SLR-1000 Advanced Nano-Carbon Lead Acid battery. This new SLR-1000 is a 2-volt Advanced Lead battery which provides an unprecedented 5000 cycles at 70% DOD (Depth of Discharge).
In October 2015, GS Yuasa International Ltd. Which is a subsidiary of GS Yuasa Corporation entered into an agreement with Panasonic Corporation on GS Yuasa’s acceptance of Panasonic’s transfer of its lead-acid battery business to GS Yuasa. The impact of this acquisition would result in promotion of streamlining of production by spreading the production know-hows through our global horizontal business network and enhancement of development speed in order to respond to the diversification of product development demands.
In October 2014, Panasonic and UNO Minda (India) agreed to manufacture lead acid battery. This JV was aimed towards strengthening the global presence of Panasonic.
Automotive Lead Acid Battery Market Segmentation by Type:
VRLA Battery
Flooded Battery
Others
Automotive Lead Acid Battery Market Segmentation by Application:
Automotive
Bikes and motorbikes
Forklifts / trucks
Utilities
Construction
Telco
Marine
UPS
Others
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Asia-Pacific Dominates the Market
Asia-Pacific is projected to be the fastest-growing market, as it is a major consumer of the automotive lead acid batteries. There is an increasing demand for automotive lead acid batteries from countries such as Japan, China, India, Australia, and others. The increasing sale of vehicles in China and India is expected to drive the growth of the automotive lead acid batteries. Growing population, rapid urbanization, and investments in end-use industries are projected to drive the growth of the automotive lead acid batteries market in Asia-Pacific. Even though new technologies such as lithium ion batteries have been introduced in the market, lead acid batteries is a key technology in the automotive market, owing to its low cost and excellent performance in cold and hot temperatures.
Regional Automotive Lead Acid Battery Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Automotive Lead Acid Battery Market Report:
Detailed overview of Automotive Lead Acid Battery Market
Changing the Automotive Lead Acid Battery market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Automotive Lead Acid Battery market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Automotive Lead Acid Battery Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
Finally, the Automotive Lead Acid Battery Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Automotive Lead Acid Battery industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
The following are some of the reasons why you should obtain the following report:
Companies in the Automotive Lead Acid Battery industry may find current market trends, application solutions, and market landscapes useful.
Identify the current state of the market and the key industries.
It covers all of the necessary details about the market’s major producers, customers, and distributors.
We Offer Customization on Report Based on Specific Client Requirement:
– Country Level analysis for any 5 countries of your choice.
– Competitive analysis of any 5 key market players.
– 40 analyst hours to cover any other data point.
– 15% customization equal to 60 analyst hours.
In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
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