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Automotive Battery Box Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Automotive Battery Box Market SizeThe global Automotive Battery Box market is projected to grow from US$ 529 million in 2024 to US$ 834.8 million by 2030, at a Compound Annual Growth Rate (CAGR) of 7.9% during the forecast period.
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Technological advancements in the automotive industry, majorly in electric vehicles, are expected to create attractivegrowth opportunities for major players. Thus, the growing traffic of international transportation has increased thedemand for automotive transport, which is ultimately responsible for the growth of the car battery box market. Also, the rise in electrification and modification in the automotive battery industry is estimated to boost the market outlook. Furthermore, the growing adoption of infotainment systems in different vehicles has propelled the demand for energy-efficient batteries. The growing research and development in automotive battery technology for the automobile fuel cell is expected toboost the market growth. Furthermore, the development of lithium ion batteries based on nanotechnology propelledwith government initiatives for electric vehicle sales worldwide is further expected to create growth opportunities forthe battery box market.
In terms of production side, this report researches the Automotive Battery Box production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of Automotive Battery Box by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.
By Type
• Flooded Battery
• AGM Battery
By Application
• Passenger Vehicle
• Commercial Vehicle
Key Companies
Johnson Controls, GS Yuasa, Exide Technologies, Camel Group, Exide Industries, Sebang, Hitachi Chemical, Amara Raja, Atlas BX, Fengfan, East Penn, Ruiyu Battery, Chuanxi Storage, Banner Batteries
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