Automotive Lead Acid Battery Market, By Battery Type, By Sales Channel, By Vehicle Type, By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
The global automotive lead-acid battery market refers to the industry that involves the production, distribution, and sales of lead-acid batteries specifically designed for automotive applications. These batteries are widely used as the primary power source for traditional internal combustion engine vehicles, providing electrical energy for engine starting, lighting, and powering various electrical components in automobiles. The growth of the market can be attributable to factors like, long-standing presence of lead-acid batteries in the automotive industry, offering reliable and cost-effective energy storage solutions for a wide range of vehicles, including cars, trucks, buses, and motorcycles. Despite the emergence of alternative battery technologies, lead-acid batteries continue to play a crucial role in the automotive sector, especially in applications such as start-stop systems and backup power. However, the market also faces challenges, including increasing competition from lithium-ion batteries and environmental concerns related to the recycling and disposal of lead-acid batteries.
Market Dynamics
The global lead acid battery in automotive market is anticipated to grow due to rising demand for lead acid batteries in electric vehicles over the forecast period. Electric vehicles are replacing vehicles with IC engines in the automotive sector. This transition is the result of improvements in electric vehicle technology and drive from electric vehicle manufacturers like Tesla, who are making significant advancements in battery technology. Additionally, compared to Li-ion batteries, lead acid batteries offer benefits including stable voltage and less sensitivity to transients. Even though manufacturers of electric vehicles are moving toward lithium ion batteries, the global market for automobile lead acid batteries is anticipated to grow throughout the projected period due to a number of advantages lead acid batteries have over lithium ion batteries.
Key features of the study:
This report provides an in-depth analysis of the global automotive lead acid battery size (US$ billion) and Compound Annual Growth Rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global automotive lead acid battery market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as a part of this study are Exide Technologies, Enersys Inc., FIAMM S.p.A, Johnson Controls Inc., GS Yuasa Corporation, CSB Battery Technologies, Panasonic Corporation, East Penn Manufacturing Company, and Leoch International Technology Limited. And Others.
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global automotive lead acid battery market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive lead acid battery market
Detailed Segmentation
Global Automotive Lead Acid Battery Market, By Battery Type:
Flooded
Enhanced Flooded
AGM
Global Automotive Lead Acid Battery Market, By Sales Channel:
OEM
Aftermarket
Global Automotive Lead Acid Battery Market, By Vehicle Type:
Passenger car
Light commercial vehicle
Global Automotive Lead Acid Battery Market, By Region:
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of Middle East & Africa
Company Profiles
Exide Technologies
Enersys Inc.
FIAMM S.p.A.
Johnson Controls Inc.
GS Yuasa Corporation
CSB Battery Technologies
Panasonic Corporation
East Penn Manufacturing Company
Leoch International Technology Limited
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Battery Type
Market Snippet, By Sales Channel
Market Snippet, By Vehicle Type
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Advancements in lead acid battery technology
Increasing demand for automotive
Restraints
Increasing adoption of lithium-ion batteries
Fluctuation in pricing of lead acid batteries
Market Opportunities
Emergence of techniques to increase durability and performance of lead acid batteries
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launches/Approvals
Impact of COVID-19 Pandemic
4. Global Automotive Lead Acid Battery Market, By Battery Type, 2018-2030, (US$ Billion )
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 - 2030
Segment Trends Market Share Analysis, 2022 and 2030 (%)
Flooded
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Enhanced Flooded
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
AGM
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
5. Global Automotive Lead Acid Battery Market, By Sales Channel, 2018-2030, (US$ Billion )
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 - 2030
Segment Trends Market Share Analysis, 2022 and 2030 (%)
OEM
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Aftermarket
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
6. Global Automotive Lead Acid Battery Market, By Vehicle Type, 2018-2030, (US$ Billion )
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 - 2030
Segment Trends Market Share Analysis, 2022 and 2030 (%)
Passenger car
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Light commercial vehicle
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
7. Global Automotive Lead Acid Battery Market, By Region, 2018-2030, (US$ Billion )
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2018–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Battery Type, 2018-2030, (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2018-2030, (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018-2030, (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion )
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Battery Type, 2018-2030, (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2018-2030, (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018-2030, (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion )
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Battery Type, 2018-2030, (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2018-2030, (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018-2030, (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion )
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Battery Type, 2018-2030 ,(US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2018-2030, (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018-2030, (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion )
Brazil
Mexico
Rest of Latin America
Middle East and Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth,2018-2030 (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Battery Type, 2018-2030 (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2018-2030 (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018-2030 (US$ Billion )
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion )
South Africa
GCC Countries
Rest of the Middle East & Africa
8. Competitive Landscape
Company Profiles
Exide Technologies
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Enersys Inc.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
FIAMM S.p.A.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Johnson Controls Inc.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
GS Yuasa Corporation
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
CSB Battery Technologies
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Panasonic Corporation
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
East Penn Manufacturing Company
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Leoch International Technology Limited
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Analyst Views
9. Section
References
Research Methodology
About us and Sales Contact
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