Automotive Lead Acid Battery Market, By Battery Type (Flooded, Enhanced Flooded, AGM), By Sales Channel (OEM and Aftermarket), By Vehicle Type (Passenger car and Light commercial vehicle), By Region (North America, Europe, Asia Pacific, Latin America, Mid

Automotive Lead Acid Battery Market, By Battery Type (Flooded, Enhanced Flooded, AGM), By Sales Channel (OEM and Aftermarket), By Vehicle Type (Passenger car and Light commercial vehicle), By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

An automotive lead acid battery is a rechargeable battery that supplies the electric current to an automotive vehicle. Lead acid battery comprises of two different acid and electrodes. This chemicals reacts with each other to produce electric energy from chemical energy. The primary goal of automotive lead acid battery is to provide the starter, which starts the engine. Apart from supplying power to run the vehicle, lead acid batteries provide voltage to vehicle accessories such as music player, air conditioner charging plugs, radio, and wipers. On the basis of vehicle types global automobile lead acid battery is segmented into passenger cars and light motor vehicles. In 2021, passenger cars sub segment dominated the global automotive lead acid battery market with 75.6%.

The Global Automotive Lead Acid Battery Market is estimated to account for US$ 25,871.30 Mn in terms of value by the end of 2030.

Market Dynamics

Increasing demand of lead acid batteries in electric vehicles is expected to drive the global lead acid battery in automotive market in the forecast period. Automotive industry is shifting from IC engine vehicles to electric vehicles. This shift is due to advancement of electric vehicles technologies and initiative from electric vehicle companies such as Tesla which are making huge development in battery technologies.

Moreover, Lead-Acid battery provides advantages over the Li-ion batteries such as less sensitivity towards temporaries, constant voltage and others. Though electric vehicles are shifting towards Lithium ion batteries however for certain advantages of lead acid batteries over the Lithium ion batteries are expected to drive the global automobile lead acid battery market in the forecast period.

Key features of the study:

• This report provides an in-depth analysis of the Global Automotive Lead Acid Battery Market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the Global Automotive Lead Acid Battery Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered in the Global Automotive Lead Acid Battery Market are Exide Technologies, Enersys Inc., FIAMM S.p.A, Johnson Controls Inc., Exide Industries, GS Yuasa Corporation, CSB Battery Technologies, Panasonic Corporation, East Penn Manufacturing Company, and Leoch International Technology Limited.
• The key market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
• The Global Automotive Lead Acid Battery Market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the 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
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
• Company Profiles
• Exide Technologies*
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments
• Enersys Inc.
• FIAMM S.P.A
• Johnson Controls Inc.
• Exide Industries
• GS Yuasa Corporation
• CSB Battery Technologies
• Panasonic Corporation
• East Penn Manufacturing Company
• Leoch International Technology Limited.
• Qualifacts Systems Inc.
• Valant Medical Solutions Inc.
• Welligent Inc.

“*” marked represents similar segmentation in other categories in the respective section.