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Automotive Lead Acid Battery Market Demand to Reach US$ 33.14 Bn by 2026

11-02-2017 07:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Automotive Lead Acid Battery Market Demand to Reach US$ 33.14 Bn

Asia Pacific’s robust automotive sector will continue to create sustained demand for lead acid batteries. Globally, the automotive lead acid battery market is expected to increase at 4.2% CAGR during 2016 - 2026 and surpass US$ 33.14 Bn in revenues. These insights are featured in a new report “Automotive Lead Acid Battery Market: Global Industry Analysis and Opportunity Assessment, 2016 - 2026” by Future Market Insights (FMI).

Click to View Complete Report @ https://www.futuremarketinsights.com/reports/automotive-lead-acid-battery-market

Lead acid batteries are widely used for starting, lighting, and ignition purposes in automobiles. Stable growth in automotive production, promising vehicle sales outlook in developing economies, and expanding size of fleet on road are expected to fuel demand for lead acid batteries during the forecast period. Technological advancements in powertrains and carbon emission reduction; and growth in wireless charging infrastructure are other key factors expected to drive growth of the automotive lead acid battery market during the forecast period.

The global automotive lead acid battery market covers five major regions -- Asia Pacific, North America, Latin America, Europe, and Middle East & Africa (MEA). In terms of value, Asia Pacific has been estimated to account for the largest share in the global automotive lead acid battery market – with over 33% market share in 2015 – followed by Europe and North America. Among all the regions, the Asia Pacific market is anticipated to register the highest CAGR over 2016 - 2026, followed by Middle East & Africa (MEA). The market in MEA is in the nascent stage, primarily due to low automotive production and vehicle parc.

The key players profiled by FMI in this report include Enersys Inc., Johnson Control Inc., GS Yuasa Corporation, Panasonic Corporation, Leoch International Technology Ltd., Exide Technologies, East Penn Manufacturing Company, CBS Battery Technologies, Exide Industries, and FIAMM SpA.

Report Overview, with TOC @ https://www.futuremarketinsights.com/reports/automotive-lead-acid-battery-market/toc

ABOUT US

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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Future Market Insights

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Valley Cottage, NY 10989,

United States

T: +1-347-918-3531

F: +1-845-579-5705

Email: sales@futuremarketinsights.com

Website: www.futuremarketinsights.com

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