Press release
Automotive Lead-Acid Battery Market Size To Worth USD 16.4 Billion in 2033 | Grow CAGR by 2.11%
Automotive Lead-Acid Battery Market
The automotive lead-acid battery market is experiencing rapid growth, driven by electric vehicle support, recycling and sustainability, and aftermarket battery demand. According to IMARC Group's latest research publication, "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 2025-2033", The global automotive lead-acid battery market size reached USD 13.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 16.4 Billion by 2033, exhibiting a growth rate (CAGR) of 2.11% during 2025-2033.
This detailed analysis primarily encompasses industry size, business trends, market share, key growth factors, and regional forecasts. The report offers a comprehensive overview and integrates research findings, market assessments, and data from different sources. It also includes pivotal market dynamics like drivers and challenges, while also highlighting growth opportunities, financial insights, technological improvements, emerging trends, and innovations. Besides this, the report provides regional market evaluation, along with a competitive landscape analysis.
Grab a sample PDF of this report: https://www.imarcgroup.com/automotive-lead-acid-battery-market/requestsample
Our report includes:
● Market Dynamics
● Market Trends And Market Outlook
● Competitive Analysis
● Industry Segmentation
● Strategic Recommendations
Factors Affecting the Growth of the Automotive Lead-Acid Battery Industry:
● Electric Vehicle Support
Lead-acid batteries remain critical for electric vehicles to power small electrical systems, such as lighting, and infotainment. The electric vehicle market in the Asia-Pacific region and hybrid vehicles in North America are continuing to drive growth in lead-acid battery adoption. Enhanced flooded batteries, with better durability, are becoming appealing to manufacturers, and Exide. The growth of lead-acid batteries is sustaining the market by providing manufacturers, in particular from emerging markets, with a more dependable solution to accommodate the diversity of vehicle types, in particular lithium-ion.
● Recycling and Sustainability
The increasing focus on environmentally friendly practices is helping drive demand for recyclable lead-acid batteries. European regulations around the environment are the most strict in the world and the Asia-Pacific will continue to advance recycling projects to promote closed-loop processes and address various waste disposal. Companies like Johnson Controls are achieving very high recycling rates thus reducing waste. The demand for sustainable solutions aligns with uncontested sustainability goals globally, allowing companies to enhance market appeal by marketing lower-cost green solutions for automotive and industrial applications.
● Aftermarket Battery Demand
Increasing vehicle ownership is stimulating aftermarket demand for lead-acid batteries, particularly in Latin America and Africa, where the markets are growing with the permanent maintenance and replacement needs of old vehicles and maintenance needs of traditional vehicles and start-stop vehicles. The lead-acid battery market is made up of cost sensitive consumers who are looking for durable batteries to ensure reliability in a low sustainable lifestyle. Clarios & the aftermarket aftermarket supports this growth with aging vehicle fleets with the retail and service centers expanding distribution networks.
Buy Full Report: https://www.imarcgroup.com/checkout?id=1144&method=1670
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.
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.
Ask Analyst for Sample Report: https://www.imarcgroup.com/request?type=report&id=1144&flag=C
Research Methodology:
The report employs a comprehensive research methodology, combining primary and secondary data sources to validate findings. It includes market assessments, surveys, expert opinions, and data triangulation techniques to ensure accuracy and reliability.
Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.
About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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
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