Start-stop Battery Market - Global Forecast, 2022 - 2028

Start-stop Battery Market - Global Forecast, 2022 - 2028

Start-stop battery is an advanced battery that provides the starting power as a traditional automotive battery with the cyclic capacity. The global start-stop battery market is expected to exhibit a CAGR of 21.8% over the forecast period (2018-2025). In 2021, the global start-stop battery market generated revenue of US$ 6.05 billion and is expected to reach US$ 29 billion by 2025. Increasing investment on production of start-stop battery by various market players is accelerating growth of the market. For instance, in 2015, the Johnson Controls announced plans to invest US$ 555 million to expand AGM battery production in the U.S., Germany, and China.
Market Dynamics
The Europe start-stop battery market generated revenue of US$ 1.98 billion in 2021 and is expected to reach US 9.5 billion by 2025, exhibiting a CAGR of 21.5% over the forecast period. Germany, France, and U.K. are major growth engines for the market in this region. The increasing sales of automotive vehicles Europe is one of the major factors driving growth of the market in this region. According to International Organization of Motor Vehicle Manufacturers, the sales or new registration of automotive vehicles in Europe was 20.9 million units in 2021, which was an increase from 20.1 million units recorded in 2016. Increasing adoption of automotive vehicles in turn, is increasing the demand for start-stop batteries to lower energy consumption and emissions by vehicles. Thus boosting growth of the start-stop battery market in European countries. Increasing regulations to reduce carbon emissions also plays a key role for growth of the market in this region. According to European Union legislation, the average emissions level of a new car sold in 2021 was 118.5 grams of CO2 per kilometer, with a target to reach 95 grams of CO2 per kilometer by 2021.
Key features of the study:
This report provides in-depth analysis of start-stop battery market, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity 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 the leading players
It profiles leading players in the global start-stop battery market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, start-stop battery market capital, key developments, strategies, and future plans
Companies covered as part of this study include A123 System LLC, ATLASBX Co., Ltd, East Penn Manufacturing, Exide Technologies, GS Yuasa International Ltd., Johnson Controls, Leoch Battery, Inc., Panasonic Corporation, Saft America, Inc., and Tianneng Power International Co., Ltd.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
The global start-stop battery market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global start-stop battery market
Detailed Segmentation:
Global Start-stop battery Market, By Battery Type:
Lead-acid Battery
Absorbent Glass Mat
Enhanced Flooded Battery
Lithium-ion Battery
Global Start-stop battery Market, By Application
Conventional Vehicle
Electric Vehicle
Global Start-stop battery Market, By Geography:
North America
By Battery Type
Lead-acid Battery
Absorbent Glass Mat
Enhanced Flooded Battery
Lithium-ion Battery
By Application
Conventional Vehicle
Electric Vehicle
By Country:
U.S.
Canada
Europe
By Battery Type
Lead-acid Battery
Absorbent Glass Mat
Enhanced Flooded Battery
Lithium-ion Battery
By Application
Conventional Vehicle
Electric Vehicle
By Country:
Germany
UK
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Battery Type
Lead-acid Battery
Absorbent Glass Mat
Enhanced Flooded Battery
Lithium-ion Battery
By Application
Conventional Vehicle
Electric Vehicle
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
By Battery Type
Lead-acid Battery
Absorbent Glass Mat
Enhanced Flooded Battery
Lithium-ion Battery
By Application
Conventional Vehicle
Electric Vehicle
By Country:
Brazil
Mexico
Rest of Latin America
Middle East
By Battery Type
Lead-acid Battery
Absorbent Glass Mat
Enhanced Flooded Battery
Lithium-ion Battery
By Application
Conventional Vehicle
Electric Vehicle
By Country:
GCC Countries
Israel
Rest of Middle East
Africa
By Battery Type
Lead-acid Battery
Absorbent Glass Mat
Enhanced Flooded Battery
Lithium-ion Battery
By Application
Conventional Vehicle
Electric Vehicle
By Country:
Northern Africa
Central Africa
South Africa
Company Profiles
A123 System LLC
Company Overview
Product Portfolio
Key Strategies
Recent Developments/ Updates
ATLASBX Co., Ltd
Company Overview
Product Portfolio
Key Strategies
Recent Developments/ Updates
East Penn Manufacturing
Company Overview
Product Portfolio
Key Strategies
Recent Developments/ Updates
Exide Technologies
Company Overview
Product Portfolio
Key Strategies
Recent Developments/ Updates
GS Yuasa International Ltd.
Company Overview
Product Portfolio
Key Strategies
Recent Developments/ Updates
Johnson Controls
Company Overview
Product Portfolio
Key Strategies
Recent Developments/ Updates
Leoch Battery, Inc.
Company Overview
Product Portfolio
Key Strategies
Recent Developments/ Updates
Panasonic Corporation
Company Overview
Product Portfolio
Key Strategies
Recent Developments/ Updates
Saft America, Inc.
Company Overview
Product Portfolio
Key Strategies
Recent Developments/ Updates
Tianneng Power International Co., Ltd.
Company Overview
Product Portfolio
Key Strategies
Recent Developments/ Updates