Press release
GCC Automotive Lead-Acid Battery Market Size, Top Manufacturers, Price, Growth Factors and Forecast 2022-2027
GCC Automotive Lead-Acid Battery Market
An automotive lead-acid battery is one of the key components in automobiles, which is a rechargeable battery widely utilized for propelling the engine. It comprises a metallic lead anode and a lead-dioxide cathode plate immersed in the sulfuric acid solution that aid in igniting a vehicle's engine along with supplying current to the automobile. It is a starting, lighting and ignition (SLI) system that is cost-effective, robust and durable in nature and can tolerate overcharging compared to lithium-ion batteries. As a result, it is integrated into numerous conventional combustion engine vehicles as it exhibits excellent cell voltage and large power-to-weight ratio.
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Market Trends:
The GCC market is majorly driven by significant growth in the automotive industry. This is attributed to the increasing production and selling of automobiles and the rising adoption of vehicles for personal use. In addition to this, the growing utilization of lead-acid batteries to supply voltage to vehicle accessories, such as air conditioners (ACs), charging plugs, wipers, radios, and music systems, is significantly boosting the demand for lead-acid batteries in the GCC region. Moreover, the rising preference for lead-acid batteries on accounts of their advantages, such as resistance to corrosion and abrasion and high current delivery, is creating a positive market outlook. Other factors driving the market further include increasing collaborations or partnerships among leading manufacturers and extensive research and development (R&D) activities conducted by key players.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
GCC Automotive Lead-Acid Battery Market Segmentation:
Our report has categorized the market based on country, vehicle type, product, type and customer segment.
Key Regions Analysed:
• Saudi Arabia
• UAE
• Qatar
• Bahrain
• Oman
• Kuwait
Analysis for Each Country
Market by Vehicle Type:
• Passenger Cars
• Commercial Vehicles
• Two Wheelers
• HEV Cars
Market by Product:
• SLI Batteries
• Micro Hybrid Batteries
Market by Type:
• Flooded Batteries
• Enhanced Flooded Batteries
• VRLA Batteries
Market by Customer Segment:
• OEM
• Replacement
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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