Global Automotive Battery Market – Industry Trends and Forecast to 2026

  • Automotive
  • Upcoming Report
  • Mar 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Automotive Battery Market By Battery Type (Lithium- ion, Lead- Acid, Nickel, Sodium- ion), Vehicle Type (Passenger Vehicle, Commercial Vehicle, Electric Vehicle), Engine Type (Internal combustion Engine, Electric Vehicles), Functions (Electric propulsion, Start, Lighting, Ignition), Sales Chanel (OEM, Aftermarket), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Automotive Battery Market

Global Automotive Battery Market is expected to rise from its initial estimated value of USD 55.87 billion in 2018 to an estimated value of USD 103.18 billion by 2026, registering a CAGR of 7.97% in the forecast period of 2019-2026. Increasing electric vehicle is the major factor for the growth of this market.

Market Definition: Global Automotive Battery Market

Automotive batteries are batteries which supplies electric current to motor vehicle which are usually rechargeable in nature. Lithium- ion, Lead- Acid, Nickel, Sodium- ion are some of the automotive batteries types. They are usually is a 12-volt battery of six cells and is the heart of the car's electrical system. Its main aim is to start the engine and then the power for electrical system is supplied by alternator.

Market Drivers:

  • The new fuel-saving technologies, like micro-hybrid systems are leading to higher battery usage.
  • Increasing environmental concern is driving the market.

Market Restraints:

  • Lack of adequate infrastructure required for proper operation of battery-driven vehicles is restraining the growth of this market.
  • High cost of the batteries is another factor restraining the growth of this market.

Segmentation: Global Automotive Battery Market

  • By Battery Type

    • Lithium- ion
    • Lead- Acid

      • Construction type

        • VRLA battery
        • Flooded

      • Product

        • SLI
        • Stationary
        • Motive

    • Nickel
    • Sodium- ion

  • By Vehicle Type

    • Passenger Vehicle
    • Commercial Vehicle
    • Electric Vehicle

  • By Engine Type

    • Internal combustion Engine

      • Petrol Engines
      • Diesel Engines
      • Compressed Natural Gas (CNG) Engines

    • Electric Vehicles

      • Battery electric vehicles
      • Hybrid electric vehicles
      • Plug-In hybrid vehicles

  •  By Functions

    • Electric propulsion
    • Start
    • Lighting
    • Ignition

  • By Sales Chanel

    • OEM
    • Aftermarket

  •  By Geography

    • North America

      • US
      • Canada
      • Mexico

    • South America

      • Brazil
      • Argentina
      • Rest of South America

    • Europe

      • Germany
      • United Kingdom
      • Italy
      • France
      • Spain
      • Russia
      • Turkey
      • Belgium
      • Netherlands
      • Switzerland
      • Rest of Europe

    • Asia-Pacific

      • Japan
      • China
      • South Korea
      • India
      • Australia
      • Singapore
      • Thailand
      • Malaysia
      • Indonesia
      • Philippines
      • Rest of Asia Pacific

    • Middle East & Africa

      • South Africa
      • Egypt
      • Saudi Arabia
      • United Arab Emirates
      • Israel
      • Rest of Middle East & Africa

Key Developments in the Market:

  • In April 2018, Exide Industries announced the launch of their new completely sealed and maintenance free batteries for automotive- after market- Advanz. This battery equipped with a magic eye that can accurately indicate the health of the battery and determine its end of life. It has Ca- Ca system which ensures that topping up is necessary during the entire service life of the battery.
  • In October 2018, Amara Raja announced the launch of their new set up car battery plant. The capacity will reach 10.8 million units making it one of the largest facilities of its kind in India. The company signed a technology collaboration agreement with long-time partner Johnson Controls to introduce advanced battery technologies to India enabling higher performance across Starting, Lighting and Ignition (SLI), Enhanced Flooded Batteries (EFB) and Absorbent Glass Mat (AGM) batteries.

Competitive Analysis: Global Automotive Battery Market

Global automotive battery market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive battery market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Automotive Battery Market

Few of the major competitors currently working in the automotive battery market are Johnson Controls, GS Yuasa International Ltd., Exide Technologies., East Penn Manufacturing Company, Camel Group Co, Fengfan Co.,Ltd., FIAMM, ENERSYS., Robert Bosch GmbH,  MK Battery., Amara Raja Group, Hitachi, Ltd., SANYO Electric Co.,Ltd, Okaya Power Pvt. Ltd., Luminous India, Huawei Technologies Co., Ltd., Chaowel Power Holdings Limited.

Research Methodology: Global Automotive Battery Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved

SKU-

Please fill in the below form for detailed Table of Content

Please fill in the below form for detailed List of Table

Please fill in the below form for detailed List of Figure

CHOOSE LICENCE TYPE
  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00
BUY NOW ADD TO CART
Why Choose Us
Unlocking New Opportunities on this Report Post Covid-19