Press release
Unlocking Opportunities in the Automotive Lead-Acid Battery Market: Trends, Strategies, and Revenue Forecasts Through 2034
Automotive Lead-Acid Battery Market
According to Polaris Market Research analysis, the global automotive lead-acid battery market was valued at USD 28.86 billion in 2024. It is projected to reach USD 38.63 billion by 2034, registering a compound annual growth rate (CAGR) of 3.0% from 2025-2034.
Market Preface
The lead-acid battery is normally utilized as an automotive battery for starting the engine but also as a prominent energy source for vehicle electrification for automobiles such as golf carts, motorized wheelchairs, and electric scooters. Further, it is also utilized as a repository in back up power supplies. A lead-acid battery comprises of anode, cathodes, barriers between them, and electrolyte. When completely charged, the anode comprises predominantly of lead and the cathode of lead dioxide.
The electrolyte is a concentrated sulfuric acid solution (H2SO4). When utilizing the battery, the lead reacts with the sulfuric acid, discharging electrons and hydrogen ions that are located from the anode to the cathode. On the cathode, the PbO2 reacts with sulphuric acid. Thus, due to a complete reaction, both electrodes are smeared in lead sulfate (PbSO4). When charged, the charger generates a surplus of negative electrons on the anode, and the hydrogen ions are drawn to it, forcing a reverse reaction to occur.
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Market Growth Drivers
Growing Urbanization: Several regions globally are witnessing rapid urbanization. As per the data issued by the World Bank, 56% of the global population resides in urban regions, and is anticipated to double by 2050. Urbanization causes a rise in automobile sales as consumers depend on private and public vehicles for everyday traveling, thereby driving the automotive lead-acid battery market development.
Rising Disposable Income: Growing disposable income pushes people to prioritize vehicle possession for ease, status, and movability which causes elevated adoption of lead-acid batteries as these batteries are installed in vehicles. Growing spending power also motivates consumers to advance to contemporary models, which need dependable lead-acid automotive batteries for lighting, ignition, and electronic systems.
Competitive Insights
The market is categorized by the presence of a few players holding a sizable market share. Key companies are mentioned below:
• Amara Raja Energy & Mobility Limited
• C&D Technologies, Inc.
• Camel Group Co., Ltd.
• Century Batteries
• Clarios
• Crown Battery
• CSB Energy Technology Co., Ltd.
• East Penn Manufacturing Company
• EnerSys
• Exide Technologies
• Fiamm Energy Technology S.p.A.
• GS Yuasa International Ltd.
• Leoch International Technology Limited, Inc
• Moura Accumulators SA
• Reem Batteries
• Robert Bosch LLC
• Stryten Energy
• The Furukawa Battery Co., Ltd.
• Tianneng Rechargeable Battery Manufacturers
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Automotive Lead-Acid Battery Market Report Highlights
o In terms of type, the flooded batteries segment dominated the automotive lead-acid battery market share in 2024 due to their affordability, reliability, and widespread use in internal combustion engine (ICE) vehicles.
o Based on end user, the aftermarket segment is expected to grow at a rapid pace during the forecast period owing to the high replacement rate of batteries in vehicles.
o Asia Pacific led the global automotive lead-acid battery market revenue share in 2024 due to high vehicle production, rising automotive sales, and strong presence of battery manufacturers.
o The market in Europe is estimated to grow at a rapid pace during the forecast period, owing to the rising adoption of advanced battery technologies and stringent environmental regulations.
Market Geography
The automotive lead-acid battery market provides a diverse geographical landscape, with several areas exhibiting unique market characteristics. Asia Pacific held the largest market share in 2024, due to elevated vehicle production, growing automotive sales, and the robust existence of battery makers.
Europe is estimated to grow at a rapid pace during the forecast period due to the growing acquisition of progressive battery technologies and strict ecological directives.
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Market Segmentation
Automotive Lead-Acid Battery Market, Type Outlook (Revenue - USD Billion, 2020-2034)
• Flooded Batteries
• VRLA Batteries
Automotive Lead-Acid Battery Market, Product Outlook (Revenue - USD Billion, 2020-2034)
• SLI Batteries
• Micro Hybrid Batteries
• Auxiliary Batteries
Automotive Lead-Acid Battery Market, Vehicle Type Outlook (Revenue - USD Billion, 2020-2034)
• Passenger Cars
• Light and Heavy Commercial Vehicles
Automotive Lead-Acid Battery Market, End User Outlook (Revenue - USD Billion, 2020-2034)
• OEM
• Aftermarket
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