Automotive Lead-Acid Battery Market Size to Surpass USD 16.3 Billion by 2032 | Exhibiting CAGR of 2.2%

IMARC Group's report titled "𝗔𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗟𝗲𝗮𝗱-𝗔𝗰𝗶𝗱 𝗕𝗮𝘁𝘁𝗲𝗿𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗽𝗼𝗿𝘁 𝗯𝘆 𝗩𝗲𝗵𝗶𝗰𝗹𝗲 𝗧𝘆𝗽𝗲 (𝗣𝗮𝘀𝘀𝗲𝗻𝗴𝗲𝗿 𝗖𝗮𝗿𝘀, 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗩𝗲𝗵𝗶𝗰𝗹𝗲𝘀, 𝗧𝘄𝗼-𝗪𝗵𝗲𝗲𝗹𝗲𝗿𝘀, 𝗛𝗘𝗩 𝗖𝗮𝗿𝘀), 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 (𝗦𝗟𝗜 𝗕𝗮𝘁𝘁𝗲𝗿𝗶𝗲𝘀, 𝗠𝗶𝗰𝗿𝗼 𝗛𝘆𝗯𝗿𝗶𝗱 𝗕𝗮𝘁𝘁𝗲𝗿𝗶𝗲𝘀), 𝗧𝘆𝗽𝗲 (𝗙𝗹𝗼𝗼𝗱𝗲𝗱 𝗕𝗮𝘁𝘁𝗲𝗿𝗶𝗲𝘀, 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝗙𝗹𝗼𝗼𝗱𝗲𝗱 𝗕𝗮𝘁𝘁𝗲𝗿𝗶𝗲𝘀, 𝗩𝗥𝗟𝗔 𝗕𝗮𝘁𝘁𝗲𝗿𝗶𝗲𝘀), 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗦𝗲𝗴𝗺𝗲𝗻𝘁 (𝗢𝗘𝗠, 𝗥𝗲𝗽𝗹𝗮𝗰𝗲𝗺𝗲𝗻𝘁), 𝗮𝗻𝗱 𝗥𝗲𝗴𝗶𝗼𝗻 𝟮𝟬𝟮𝟰-𝟮𝟬𝟯𝟮". The global automotive lead-acid battery market size reached US$ 13.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 16.3 Billion by 2032, exhibiting a growth rate (CAGR) of 2.2% during 2024-2032.

𝗙𝗼𝗿 𝗮𝗻 𝗶𝗻-𝗱𝗲𝗽𝘁𝗵 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀, 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗿𝗲𝗳𝗲𝗿 𝘀𝗮𝗺𝗽𝗹𝗲 𝗰𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗿𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/automotive-lead-acid-battery-market/requestsample

𝗙𝗮𝗰𝘁𝗼𝗿𝘀 𝗔𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗚𝗿𝗼𝘄𝘁𝗵 𝗼𝗳 𝘁𝗵𝗲 𝗔𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗟𝗲𝗮𝗱-𝗮𝗰𝗶𝗱 𝗕𝗮𝘁𝘁𝗲𝗿𝘆 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆:

𝗩𝗲𝗵𝗶𝗰𝗹𝗲 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻:

Original equipment manufacturers (OEMs) are major consumers of lead-acid batteries. As vehicle production is increasing, the demand for batteries to power these vehicles is rising. OEMs require reliable and cost-effective battery solutions to meet the power needs of the vehicles they manufacture. The automotive industry is one of the largest manufacturing sectors around the world. When there is an upswing in vehicle production due to factors like economic growth, consumer demand, or new market entries, it directly results in higher demand for lead-acid batteries.

𝗘𝗰𝗼-𝗙𝗿𝗶𝗲𝗻𝗱𝗹𝘆 𝗜𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲𝘀:

Lead-acid batteries are known for their high recyclability rate, as the recycling process for lead-acid batteries is well-established and efficient. This recyclability reduces the environmental impact of these batteries and aligns with eco-friendly objectives to minimize waste. Various regions and countries have regulations to ensure the proper disposal and recycling of lead-acid batteries. Compliance with these regulations is essential for battery manufacturers and users, reinforcing the eco-friendly aspect of lead-acid battery management. The concept of a circular economy, where products and materials are reused and recycled to reduce resource consumption, resonates with the lead-acid battery industry.

𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗰𝗮𝗹 𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗺𝗲𝗻𝘁𝘀:

Technological advancements are leading to the development of advanced lead-acid battery designs. These designs can include improvements in electrode materials, separator materials, and overall battery construction. Enhanced designs can result in higher energy density, longer cycle life, and better overall performance. Absorbent glass mat (AGM) and gel battery technologies are examples of advancements within the lead-acid battery category. These technologies offer advantages, such as improved resistance to vibration and deep cycling, making them suitable for applications like start-stop systems in vehicles.

𝗟𝗲𝗮𝗱𝗶𝗻𝗴 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝗶𝗻 𝘁𝗵𝗲 𝗚𝗹𝗼𝗯𝗮𝗹 𝗔𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗟𝗲𝗮𝗱-𝗔𝗰𝗶𝗱 𝗕𝗮𝘁𝘁𝗲𝗿𝘆 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆:

C&D Technologies Inc.
Clarios
CSB Energy Technology Co. Ltd (Showa Denko K.K.)
East Penn Manufacturing Company
EnerSys
Exide Industries Ltd.
GS Yuasa Corporation
Koyo Battery Co., Ltd.
Leoch International Technology Ltd
Century Batteries Indonesia
Robert Bosch GmbH
Thai Bellco Battery Co. Ltd.

𝗘𝘅𝗽𝗹𝗼𝗿𝗲 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗿𝗲𝗽𝗼𝗿𝘁 𝘄𝗶𝘁𝗵 𝘁𝗮𝗯𝗹𝗲 𝗼𝗳 𝗰𝗼𝗻𝘁𝗲𝗻𝘁𝘀: https://www.imarcgroup.com/automotive-lead-acid-battery-market

𝗔𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗟𝗲𝗮𝗱-𝗮𝗰𝗶𝗱 𝗕𝗮𝘁𝘁𝗲𝗿𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗽𝗼𝗿𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻:

𝗕𝘆 𝗩𝗲𝗵𝗶𝗰𝗹𝗲 𝗧𝘆𝗽𝗲:

Passenger Cars
Commercial Vehicles
Two-Wheelers
HEV Cars

Commercial vehicles represented the largest segment due to their higher power requirements and the need for reliable, cost-effective batteries in applications, such as trucks, buses, and heavy-duty vehicles.

𝗕𝘆 𝗣𝗿𝗼𝗱𝘂𝗰𝘁:

SLI Batteries
Micro Hybrid Batteries

SLI batteries accounted for the largest market share as they are essential for starting, lighting, and ignition functions in both passenger cars and commercial vehicles.

𝗕𝘆 𝗧𝘆𝗽𝗲:

Flooded Batteries
Enhanced Flooded Batteries
VRLA Batteries

Flooded batteries exhibit a clear dominance in the market on account of their established presence, cost-effectiveness, and suitability for a wide range of automotive applications.

𝗕𝘆 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗦𝗲𝗴𝗺𝗲𝗻𝘁:

OEM
Replacement

OEM holds the biggest market share as it is the primary consumer of lead-acid batteries for new vehicle production.

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

Asia Pacific enjoys the leading position in the automotive lead-acid battery market. This can be accredited to its robust automotive manufacturing industry, especially in countries like China and India.

𝗚𝗹𝗼𝗯𝗮𝗹 𝗔𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗟𝗲𝗮𝗱-𝗮𝗰𝗶𝗱 𝗕𝗮𝘁𝘁𝗲𝗿𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗧𝗿𝗲𝗻𝗱𝘀:

The market is witnessing a shift towards advanced lead-acid battery technologies like absorbent glass mat (AGM) and gel batteries, which offer improved performance, longer life, and increased resistance to vibration. Lead-acid batteries are increasingly being integrated into start-stop systems in vehicles, helping to improve fuel efficiency and reduce emissions, especially in urban driving conditions.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

𝗢𝘁𝗵𝗲𝗿 𝗥𝗲𝗽𝗼𝗿𝘁𝘀 𝗕𝘆 𝗜𝗠𝗔𝗥𝗖 𝗚𝗿𝗼𝘂𝗽:

𝗣𝗶𝗰𝗸𝘂𝗽 𝗧𝗿𝘂𝗰𝗸 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.imarcgroup.com/pickup-truck-market

𝗣𝗹𝘂𝗺𝗯𝗶𝗻𝗴 𝗙𝗶𝘅𝘁𝘂𝗿𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.imarcgroup.com/plumbing-fixtures-market

𝗕𝗿𝗮𝗻𝗱𝘆 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.imarcgroup.com/prefeasibility-report-brandy-manufacturing-plant

𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲 𝗦𝗼𝗳𝘁𝘄𝗮𝗿𝗲 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.imarcgroup.com/real-estate-software-market

𝗪𝗮𝗹𝗹𝗽𝗮𝗽𝗲𝗿 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.imarcgroup.com/wallpaper-market

𝗪𝗲𝗮𝗽𝗼𝗻𝘀 𝗖𝗮𝗿𝗿𝗶𝗮𝗴𝗲 & 𝗥𝗲𝗹𝗲𝗮𝘀𝗲 𝗦𝘆𝘀𝘁𝗲𝗺 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.imarcgroup.com/weapons-carriage-release-system-market

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝘀:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

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.

IMARCs 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 companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

This release was published on openPR.