Automotive Battery Market by Battery Type (Lead Acid, Lithium Ion), Vehicle Type (Commercial Vehicles, Passenger Cars), End-user - Global Forecast 2024-2030

Automotive Battery Market by Battery Type (Lead Acid, Lithium Ion), Vehicle Type (Commercial Vehicles, Passenger Cars), End-user - Global Forecast 2024-2030


The Automotive Battery Market size was estimated at USD 60.55 billion in 2023 and expected to reach USD 65.94 billion in 2024, at a CAGR 8.99% to reach USD 110.64 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automotive Battery Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automotive Battery Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Automotive Battery Market, highlighting leading vendors and their innovative profiles. These include Amara Raja Batteries Ltd., BYD Company Ltd., Century Yuasa Batteries Pty Ltd, Clarios, LLC, Contemporary Amperex Technology Co., Limited, East Penn Manufacturing Co., Exicom Tele-Systems, Exide Industries Limited, General Motors Company, GS Yuasa Corporation, Hitachi, Ltd., Johnson Controls International PLC, LG Energy Solution Ltd., Mitsubishi Corporation, NEC Corporation, Okaya Power Pvt. Ltd., Panasonic Holdings Corporation, Robert Bosch GmbH, Samsung SDI Co., Ltd., Tata Motors Ltd., Tesla Power USA Inc., Tianneng Group, Toshiba Corporation, Varta AG, Wanxiang Group, and Zhejiang Narada Power Source Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Automotive Battery Market to forecast the revenues and analyze trends in each of the following sub-markets:

Battery Type

Lead Acid
  • Lithium Ion
  • Vehicle Type

    Commercial Vehicles

    Electric Vehicles
  • IC Engine Vehicles
  • Passenger Cars

    Electric Vehicles
  • IC Engine Cars
  • End-user

    Aftermarket
  • OEMs
  • Region

    Americas

    Argentina
  • Brazil
  • Canada
  • Mexico
  • United States

    California
  • Florida
  • Illinois
  • New York
  • Ohio
  • Pennsylvania
  • Texas
  • Asia-Pacific

    Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Vietnam
  • Europe, Middle East & Africa

    Denmark
  • Egypt
  • Finland
  • France
  • Germany
  • Israel
  • Italy
  • Netherlands
  • Nigeria
  • Norway
  • Poland
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • Sweden
  • Switzerland
  • Turkey
  • United Arab Emirates
  • United Kingdom
    The report offers valuable insights on the following aspects:

    1. Market Penetration: It presents comprehensive information on the market provided by key players.
    2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
    3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
    4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
    5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
    The report addresses key questions such as:

    1. What is the market size and forecast of the Automotive Battery Market?
    2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automotive Battery Market?
    3. What are the technology trends and regulatory frameworks in the Automotive Battery Market?
    4. What is the market share of the leading vendors in the Automotive Battery Market?
    5. Which modes and strategic moves are suitable for entering the Automotive Battery Market?


    Note: PDF & Excel + Online Access - 1 Year

  • 1. Preface
    1.1. Objectives of the Study
    1.2. Market Segmentation & Coverage
    1.3. Years Considered for the Study
    1.4. Currency & Pricing
    1.5. Language
    1.6. Limitations
    1.7. Assumptions
    1.8. Stakeholders
    2. Research Methodology
    2.1. Define: Research Objective
    2.2. Determine: Research Design
    2.3. Prepare: Research Instrument
    2.4. Collect: Data Source
    2.5. Analyze: Data Interpretation
    2.6. Formulate: Data Verification
    2.7. Publish: Research Report
    2.8. Repeat: Report Update
    3. Executive Summary
    4. Market Overview
    4.1. Introduction
    4.2. Automotive Battery Market, by Region
    5. Market Insights
    5.1. Market Dynamics
    5.1.1. Drivers
    5.1.1.1. Increasing expansion of automotive industry globally
    5.1.1.2. Government initiatives to encourage fuel saving and cleaner transportation
    5.1.1.3. Rising integration of electronics in automotive
    5.1.2. Restraints
    5.1.2.1. Lack of charging infrastructure for EV’s and volatile raw material prices
    5.1.3. Opportunities
    5.1.3.1. Research and development in batteries for electric vehicles
    5.1.3.2. Growing expansion of automotive battery manufacturers
    5.1.4. Challenges
    5.1.4.1. Environmental concerns associated with disposal of automotive batteries
    5.2. Market Segmentation Analysis
    5.3. Market Trend Analysis
    5.4. Cumulative Impact of High Inflation
    5.5. Porter’s Five Forces Analysis
    5.5.1. Threat of New Entrants
    5.5.2. Threat of Substitutes
    5.5.3. Bargaining Power of Customers
    5.5.4. Bargaining Power of Suppliers
    5.5.5. Industry Rivalry
    5.6. Value Chain & Critical Path Analysis
    5.7. Regulatory Framework
    6. Automotive Battery Market, by Battery Type
    6.1. Introduction
    6.2. Lead Acid
    6.3. Lithium Ion
    7. Automotive Battery Market, by Vehicle Type
    7.1. Introduction
    7.2. Commercial Vehicles
    7.3.1. Electric Vehicles
    7.3.2. IC Engine Vehicles
    7.3. Passenger Cars
    7.4.1. Electric Vehicles
    7.4.2. IC Engine Cars
    8. Automotive Battery Market, by End-user
    8.1. Introduction
    8.2. Aftermarket
    8.3. OEMs
    9. Americas Automotive Battery Market
    9.1. Introduction
    9.2. Argentina
    9.3. Brazil
    9.4. Canada
    9.5. Mexico
    9.6. United States
    10. Asia-Pacific Automotive Battery Market
    10.1. Introduction
    10.2. Australia
    10.3. China
    10.4. India
    10.5. Indonesia
    10.6. Japan
    10.7. Malaysia
    10.8. Philippines
    10.9. Singapore
    10.10. South Korea
    10.11. Taiwan
    10.12. Thailand
    10.13. Vietnam
    11. Europe, Middle East & Africa Automotive Battery Market
    11.1. Introduction
    11.2. Denmark
    11.3. Egypt
    11.4. Finland
    11.5. France
    11.6. Germany
    11.7. Israel
    11.8. Italy
    11.9. Netherlands
    11.10. Nigeria
    11.11. Norway
    11.12. Poland
    11.13. Qatar
    11.14. Russia
    11.15. Saudi Arabia
    11.16. South Africa
    11.17. Spain
    11.18. Sweden
    11.19. Switzerland
    11.20. Turkey
    11.21. United Arab Emirates
    11.22. United Kingdom
    12. Competitive Landscape
    12.1. FPNV Positioning Matrix
    12.2. Market Share Analysis, By Key Player
    12.3. Competitive Scenario Analysis, By Key Player
    13. Competitive Portfolio
    13.1. Key Company Profiles
    13.1.1. Amara Raja Batteries Ltd.
    13.1.2. BYD Company Ltd.
    13.1.3. Century Yuasa Batteries Pty Ltd
    13.1.4. Clarios, LLC
    13.1.5. Contemporary Amperex Technology Co., Limited
    13.1.6. East Penn Manufacturing Co.
    13.1.7. Exicom Tele-Systems
    13.1.8. Exide Industries Limited
    13.1.9. General Motors Company
    13.1.10. GS Yuasa Corporation
    13.1.11. Hitachi, Ltd.
    13.1.12. Johnson Controls International PLC
    13.1.13. LG Energy Solution Ltd.
    13.1.14. Mitsubishi Corporation
    13.1.15. NEC Corporation
    13.1.16. Okaya Power Pvt. Ltd.
    13.1.17. Panasonic Holdings Corporation
    13.1.18. Robert Bosch GmbH
    13.1.19. Samsung SDI Co., Ltd.
    13.1.20. Tata Motors Ltd.
    13.1.21. Tesla Power USA Inc.
    13.1.22. Tianneng Group
    13.1.23. Toshiba Corporation
    13.1.24. Varta AG
    13.1.25. Wanxiang Group
    13.1.26. Zhejiang Narada Power Source Co., Ltd.
    13.2. Key Product Portfolio
    14. Appendix
    14.1. Discussion Guide
    14.2. License & Pricing
    FIGURE 1. AUTOMOTIVE BATTERY MARKET RESEARCH PROCESS
    FIGURE 2. AUTOMOTIVE BATTERY MARKET SIZE, 2023 VS 2030
    FIGURE 3. AUTOMOTIVE BATTERY MARKET SIZE, 2018-2030 (USD MILLION)
    FIGURE 4. AUTOMOTIVE BATTERY MARKET SIZE, BY REGION, 2023 VS 2030 (%)
    FIGURE 5. AUTOMOTIVE BATTERY MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 6. AUTOMOTIVE BATTERY MARKET DYNAMICS
    FIGURE 7. AUTOMOTIVE BATTERY MARKET SIZE, BY BATTERY TYPE, 2023 VS 2030 (%)
    FIGURE 8. AUTOMOTIVE BATTERY MARKET SIZE, BY BATTERY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 9. AUTOMOTIVE BATTERY MARKET SIZE, BY VEHICLE TYPE, 2023 VS 2030 (%)
    FIGURE 10. AUTOMOTIVE BATTERY MARKET SIZE, BY VEHICLE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 11. AUTOMOTIVE BATTERY MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
    FIGURE 12. AUTOMOTIVE BATTERY MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 13. AMERICAS AUTOMOTIVE BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 14. AMERICAS AUTOMOTIVE BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 15. UNITED STATES AUTOMOTIVE BATTERY MARKET SIZE, BY STATE, 2023 VS 2030 (%)
    FIGURE 16. UNITED STATES AUTOMOTIVE BATTERY MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 17. ASIA-PACIFIC AUTOMOTIVE BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 18. ASIA-PACIFIC AUTOMOTIVE BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 19. EUROPE, MIDDLE EAST & AFRICA AUTOMOTIVE BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 20. EUROPE, MIDDLE EAST & AFRICA AUTOMOTIVE BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 21. AUTOMOTIVE BATTERY MARKET, FPNV POSITIONING MATRIX, 2023
    FIGURE 22. AUTOMOTIVE BATTERY MARKET SHARE, BY KEY PLAYER, 2023

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