Press release
Automotive Battery Market Growth, Trends & Forecast 2025 | Top key players - Robert Bosch GmBH, Hitachi, Ltd., Exide Industries Ltd | Navigating US Tariff Impact
The Global Automotive Battery Market reached USD 65.2 billion in 2022 and is expected to reach USD 100.0 billion by 2031, growing with a CAGR of 5.5% during the forecast period 2024-2031.Automotive Battery Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Automotive Battery Market refers to the industry that designs, manufactures, and supplies batteries for vehicles, including traditional combustion engine cars, electric vehicles (EVs), and hybrid models. These batteries provide the necessary power to operate vehicles and are essential for the growing adoption of electric mobility, with advancements focusing on improving energy efficiency, performance, and environmental sustainability.
List of the Key Players in the Automotive Battery Market:
Panasonic Corporation, LG Chem, GS Yuasa International Ltd., Robert Bosch GmBH, Hitachi, Ltd., Exide Industries Ltd., A123 Systems LLC, Samsung SDI Co., Ltd and BYD Motors Inc.
Industry Development:
In July 2023, Sunwoda, a Chinese battery manufacturing company, announced an investment of USD 274.7 million to build a new battery production facility in Hungary. This move is part of the company's efforts to strengthen its presence in the European market.
In July 2023, Stellantis, a multinational automotive manufacturing conglomerate, expanded its partnership with Samsung, the South Korean tech conglomerate, to build a second battery plant in the U.S.. This expansion aims to support the growing demand for electric vehicles and the adoption of sustainable energy solutions.
Assessing the Effects of U.S. Tariffs on the Market
The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.
Research Process:
Both primary and secondary data sources have been used in the global Automotive Battery Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Automotive Battery Market:
By Battery: Lead-Acid Batteries, Lithium-Ion Batteries, Others.
By Engine: Internal Combustion (IC) Engine, Electric Powertrain.
By Ampere Rating: Below 50 Ah, 50-70 Ah, Above 70 Ah.
By Vehicle: Passenger Vehicles, Commercial Vehicles.
Regional Analysis for Automotive Battery Market:
The regional analysis of the Automotive Battery Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Automotive Battery market?
➠ Who are the leading manufacturers in the global Automotive Battery industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Automotive Battery industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Automotive Battery market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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Contact Person: Sai Kiran
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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