Global Starting, Lighting, And Ignition (SLI) Battery Industry Outlook 2025-2029: Market Set to Cross $50.44 Billion Milestone

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How Large Will the Starting, Lighting, And Ignition (SLI) Battery Market Size By 2025?_x000D_
The increase in the size of the starting, lighting, and ignition (SLI) battery market has been significant in recent times. The market is projected to elevate from $38.89 billion in 2024 to $41.08 billion in 2025, with a compound annual growth rate (CAGR) of 5.6%. Factors contributing to this growth during the historical period include the escalating demand for emergency power options in domestic applications, an upward trend in industrial automation demanding continuous power supply, the rising usage of renewable energy systems that require battery storage, increased application of batteries in marine uses and recreational vehicles, along with the burgeoning demand for batteries in remote and off-grid locations._x000D_
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How Big Is the Starting, Lighting, And Ignition (SLI) Battery Market Size Expected to Grow by 2029?_x000D_
In the near future, the SLI (starting, lighting, and ignition) battery market is projected to experience robust growth, increasing in value to $50.44 billion in 2029, with a CAGR of 5.3%. This growth during the forecast period can be linked to the escalating demand for cutting-edge SLI batteries boasting more durability, an increase in battery installations for commercial and industrial energy storage, stronger demand driven by the integration of renewable energy, a surge in the use of smart and interconnected battery systems for automotive purposes, and a higher demand from compact electric utility and industrial vehicles. Key trends during this forecast period will include IoT-enabled diagnostics integration, implementation in marine and leisure vehicles, employment in off-road vehicles, emphasis on lightweight battery solutions, and the growth in applications for renewable energy storage._x000D_
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Which Key Market Drivers Powering Starting, Lighting, And Ignition (SLI) Battery Market Expansion and Growth?_x000D_
The ascension in the creation of automobiles is predicted to fuel the growth of the starting, lighting, and ignition (SLI) battery market. The term automotive production covers the design, building, and assembling of motor vehicles, inclusive of cars, trucks, and motorcycles. Consumer demand for private vehicles is rising, compelling manufacturers to enhance their production to address these needs effectively. With regard to automotive production, SLI batteries perform a pivotal role by ensuring that starting, lighting and ignition systems in vehicles are dependable, and their regular well-functioning boosts vehicle efficiency and lessens downtime, facilitating smoother manufacturing and operational processes. As an example, data from the European Automobile Manufacturers' Association (ACEA), a trade group based in Belgium, shows that in March 2024, global car production rose to approximately 76 million units. This represented a significant growth of 10.2% in comparison to the prior year. Consequently, the rise in automotive production is stimulating the growth of the starting, lighting, and ignition (SLI) battery market._x000D_
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Which Fast-Growing Trends Are Poised to Disrupt the Starting, Lighting, And Ignition (SLI) Battery Market?_x000D_
Leading companies in the Starting, Lighting, and Ignition (SLI) battery market are concentrating their efforts on the creation of innovative products, such as starting power car batteries, to cater to the growing need for high-performance, automotive energy storage. These starting power car batteries are carefully crafted to produce a strong current burst for swift engine ignition, providing reliable starting function, and supporting the vehicle's electrical systems. For example, Exide Industries Ltd., a battery manufacturing company based in India, introduced advanced Starting, Lighting, and Ignition Absorbent Glass Mat (SLI-AGM) batteries for cars in July 2024. These batteries aim to deliver increased starting power, extended lifespan and better reliability across various driving conditions. Features include high resistance to vibration, quick recharge ability and improved cold-start performance. These batteries are designed to be maintenance-free and ensure a consistent power supply, promising dependable performance even in severe driving conditions._x000D_
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What Are the Emerging Segments in the Starting, Lighting, And Ignition (SLI) Battery Market?_x000D_
The starting, lighting, and ignition (SLI) battery market covered in this report is segmented as_x000D_
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1) By Type: Flooded, Enhanced Flooded Battery (EFB), Valve-Regulated Lead-Acid (VRLA)_x000D_
2) By Voltage: 12 Volts, 24 Volts, 48 Volts, 60 Volts, 120 Volts, 240 Volts_x000D_
3) By Capacity: Under 20 Ampere-Hours (Ah), 20-50 Ampere-Hours (Ah), 50-100 Ampere-Hours (Ah), Over 100 Ampere-Hours (Ah)_x000D_
4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket_x000D_
5) By Application: Automotive, Uninterruptible Power Supply (UPS), Telecom, Other Applications_x000D_
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Subsegments:_x000D_
1) By Flooded: Tubular Flooded, Flat Plate Flooded_x000D_
2) By Enhanced Flooded Battery (EFB): Spiral Wound Enhanced Flooded Battery (EFB), Flat Plate Enhanced Flooded Battery (EFB)_x000D_
3) By Valve-Regulated Lead-Acid (VRLA): Absorbent Glass Mat (AGM), Gel Battery_x000D_
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Who Are the Global Leaders in the Starting, Lighting, And Ignition (SLI) Battery Market?_x000D_
Major companies operating in the starting, lighting, and ignition (sli) battery market are Panasonic Corporation, Johnson Controls International plc, GS Yuasa Corporation, EnerSys, East Penn Manufacturing Company, Camel Group Co. Ltd., Leoch International Technology Limited, Sebang Global Battery Co. Ltd., Exide Technologies, TAB Batteries, C&D Technologies Inc., Power-Sonic Corporation, Crown Battery Manufacturing Company, The Trojan Battery Company, Midac Batteries, First National Battery Corporation, Amara Raja Batteries Limited, B.B. Battery Co. Ltd., Yokohama Industries Berhad, Fujian Quanzhou Dahua Battery Co. Ltd. _x000D_
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Which are the Top Profitable Regional Markets for the Starting, Lighting, And Ignition (SLI) Battery Industry?_x000D_
Asia-Pacific was the largest region in the starting, lighting, and ignition (SLI) battery market in 2024, and it is expected to be the fastest-growing region in the forecast period. The regions covered in starting, lighting, and ignition (SLI) battery report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa._x000D_
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