openPR Logo
Press release

Automotive Battery Market Analysis: Trends and Growth Factors

09-18-2023 01:14 PM CET | Logistics & Transport

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Automotive Battery Market

Automotive Battery Market

Automotive Battery Market was valued at US$ 17.98 Bn in 2022 and is expected to grow US$ 23.98 Bn by 2029, at a CAGR of 4.2% during the forecast period.

Automotive Battery Market Report Scope and Research Methodology

Report Scope

This report offers a comprehensive analysis of the Automotive Battery market, encompassing market values, scope, research methodology, drivers, restraints, and regional insights. It aims to provide stakeholders with a deep understanding of the market dynamics and opportunities.

Research Methodology

The base year for this report is 2022, with market projections extending from 2023 to 2029. The analysis is based on real market data, taking into account trends over the past five years, including the unique challenges posed in 2020 due to the COVID-19 pandemic.

Know More About The Report: https://www.maximizemarketresearch.com/market-report/global-automotive-battery-market/55569/

What are Automotive Battery Market Dynamics?

Key factors driving the global Automotive Battery market include the increasing demand for automobiles and the stringent emission standards enforced by government agencies worldwide. Advancements in fuel-saving technologies like micro-hybrid systems have led to higher battery usage. Lithium-ion batteries, known for their lightweight and efficiency, are gaining popularity, particularly in transportation. The launch of new hybrid and electric automotive models and the growing consumer preference for zero-emission and low-emission electric vehicles further boost the market. Additionally, investments in fuel cell-based automobiles and nanotechnology-based lithium batteries offer growth opportunities for industry leaders.

Request For Free Sample Report: https://www.maximizemarketresearch.com/request-sample/55569

Automotive Battery Market Segmentation?

The lead-acid battery category, which accounts for 39% of the worldwide automotive battery market, has the biggest market share by battery type. Because they are durable, abuse-tolerant, tried and tested, and used in the automobile industry for SLI (Starting, Lighting, and Ignition) applications. They can discharge at high rates, need little maintenance, and have better beginning capacity. They are also less expensive and easier to manufacture.

by Battery Type

Lead Acid
Nickel Metal Hybrid
Lithium-Ion
Others

by Vehicle Type

Passenger
Commercial
Electric
Other

by Battery Technology

SLI
AGM
Deep Cycle
Wet Cell
Others

Who are Automotive Battery Market Key Players?

1. Johnson Controls International plc.
2. Haldex Incorporated
3. ZF TRW Automotive Holdings Corporation
4. Hitachi Ltd.
5. EnerSys
6. Furukawa Electric Co. Ltd.
7. Leoch International Tech
8. GS Yuasa Corporation
9. Crown Battery Manufacturing Company
10.Exide Industries Limited
11.East Penn Manufacturing Co., Inc.
12.Camel Group Co., Ltd.
13.FIAMM S.p.A.
14.Fengfan Co., Ltd.
15.Douglas Battery
16.Zhejiang Narada Power Source Co. Ltd.
17.Shandong Sacred Sun Power Sources Co., Ltd.
18.Zhejiang Haijiu Battery Co., Ltd.
19.Chaowei Power Holdings Ltd.
20.Robert Bosch GmbH

Get your Sample PDF: https://www.maximizemarketresearch.com/request-sample/55569

Table of Content: Automotive Battery Market

Part 01: Executive Summary

Part 02: Scope of the Automotive Battery Market Report

Part 03: Global Automotive Battery Market Landscape

Part 04: Global Automotive Battery Market Sizing

Part 05: Global Automotive Battery Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Regional Insights:

The Asia Pacific region is experiencing the fastest growth in the Automotive Battery market, driven by demand from rapidly growing economies like Japan and India. Japan, with its large population base and increasing vehicle demand, leads the market in Asia. The availability of low-cost labor, abundant raw materials, and components further contribute to Japan's automotive battery market.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)

Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Related Reports:

Organic Pet Food Market https://www.maximizemarketresearch.com/market-report/organic-pet-food-market/166911/

Coin Collection Market https://www.maximizemarketresearch.com/market-report/coin-collection-market/194419/

Smart Irrigation Market https://www.maximizemarketresearch.com/market-report/smart-irrigation-market/22818/

Global Biscuits Market https://www.maximizemarketresearch.com/market-report/global-biscuits-market/26465/

Wearable Robots Market https://www.maximizemarketresearch.com/market-report/wearable-robots-market/188896/

Global Fire Protection Systems Market https://www.maximizemarketresearch.com/market-report/global-fire-protection-systems-market/99576/

Contact Maximize Market Research:

MAXIMIZE MARKET RESEARCH PVT. LTD.

444 West Lake Street, Floor 17,

Chicago, IL, 60606, USA.

+1 800 507 4489 +91 9607365656

sales@maximizemarketresearch.com

www.maximizemarketresearch.com

About Maximize Market Research:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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 Battery Market Analysis: Trends and Growth Factors here

News-ID: 3211933 • Views:

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Flavors and Fragrances Market Growth Forecast, Revenue Projections, and Future Outlook (CAGR 4.83% from 2024 to 2030)
Flavors and Fragrances Market Growth Forecast, Revenue Projections, and Future O …
Flavors and Fragrances Market size was valued at US$ 32.59 Bn in 2023 and the total revenue is expected to grow at CAGR 4.83% through 2024 to 2030, reaching nearly US$ 45.34 Bn. Flavors and Fragrances Market Overview: The Flavors and Fragrances Market is experiencing robust growth, fueled by increasing consumer demand for food, beverages, personal care products, and household items with appealing tastes and aromas. Flavors enhance the sensory experience of
Blood Collection Tubes Market Growth Forecast, Revenue Projections, and Future Outlook (CAGR 7.23% from 2025 to 2032)
Blood Collection Tubes Market Growth Forecast, Revenue Projections, and Future O …
Blood Collection Tubes Market size was valued at USD 5.59 Billion in 2024 and the total Blood Collection Tubes revenue is expected to grow at a CAGR of 7.23% from 2025 to 2032, reaching nearly USD 9.77 Billion. Blood Collection Tubes Market Overview: The Blood Collection Tubes Market is witnessing steady growth due to increasing demand for efficient blood sampling and diagnostic procedures across hospitals, laboratories, and research facilities. Blood collection tubes
Paints and Coatings Market Growth Forecast, Revenue Projections, and Future Outlook (CAGR 4.16% from 2025 to 2032)
Paints and Coatings Market Growth Forecast, Revenue Projections, and Future Outl …
Paints and Coatings Market size was valued at USD 212.79 Billion in 2024 and the total Paints and Coatings revenue is expected to grow at a CAGR of 4.16% from 2025 to 2032, reaching nearly USD 294.82 Billion. Paints and Coatings Market Overview: The Paints and Coatings Market is experiencing robust growth as construction, automotive, and industrial sectors continue to expand globally. Paints and coatings are essential for protecting surfaces, enhancing aesthetics,
Testing, Inspection, and Certification Market Growth Forecast, Revenue Projections, and Future Outlook (CAGR 3.4% from 2025 to 2032)
Testing, Inspection, and Certification Market Growth Forecast, Revenue Projectio …
Testing, Inspection and Certification Market size was valued at USD 231.51 Billion in 2024 and the total Testing, Inspection and Certification revenue is expected to grow at a CAGR of 3.4% from 2025 to 2032, reaching nearly USD 302.50 Billion. Testing, Inspection, and Certification Market Overview: The Testing, Inspection, and Certification (TIC) Market is witnessing steady growth as industries worldwide prioritize quality, safety, and regulatory compliance. TIC services play a crucial role

All 5 Releases


More Releases for Battery

Thin Film Micro Battery Market, By Rechargeability (Primary Battery, Secondary B …
The thin film micro battery market is expected to witness market growth at a rate of 30.9% in the forecast period of 2022 to 2029. Data Bridge Market Research report on thin film micro battery market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand for the Internet of Things (IoT)
Deep Cycle Gel Battery Market 2022 Analysis by Top Leading Players | Trojan Batt …
The Deep Cycle Gel Battery Market report offers qualitative and quantitative insights as well as a thorough examination of the market size and expansion rate of all potential market segments. The report has been put together using primary and secondary research methodologies, which offer an exact and detailed understanding of the Deep Cycle Gel Battery market. The Deep Cycle Gel Battery Market is projected to succeed at a CAGR of
Global Power Energy Storage Battery Market 2019 - Lithium Ion Battery,All-vanadi …
Power Energy Storage Battery Market The Global Power Energy Storage Battery Market 2019 Research Report incorporates a total and careful investigation of Power Energy Storage Battery industry covering diverse perspectives like market volume, piece of the overall industry, advertise techniques, Power Energy Storage Battery development patterns, assortment of uses, use volume, request and supply examination, creation limit and Power Energy Storage Battery industry cost structures amid Forecast period from
Space Battery Market analysis report- with Leading players, Types Nickel-based B …
Space Battery Market The Space Battery Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The report also analyzes the development proposals and the feasibility of new investments. The Space Battery Market report has been collated in order to provide guidance and direction to the companies and individuals interested in buying this
Global EV Battery Recycling Market : Nickel–Cadmium Battery, Nickel–Metal Hy …
The EV Battery Recycling Market Research Report consists of all the essential information in regards to the global market. This report presents an in-depth analysis of various industry factors, such as the market trends, dynamics, production, estimates, industry development drivers, size, share, investigation, supply, forecast trends, sales, industry demand, as well as several other factors. The Global EV Battery Recycling Market report has been generated leveraging a target amalgamation
Global Lead Acid UPS Battery Market 2017 : Sebang Global Battery, CSB Battery, H …
Global Lead Acid UPS Battery Market 2016-2017 A market study based on the " Lead Acid UPS Battery Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Lead Acid UPS Battery Market 2017’. The research report analyses the historical as well as present performance of the worldwide Lead Acid UPS Battery industry, and makes predictions on the future status of Lead Acid UPS Battery