Global Start-stop Battery Market 2024-2028
The start-stop battery market is forecasted to grow by USD 23.30 bn during 2023-2028, accelerating at a CAGR of 27.12% during the forecast period. The report on the start-stop battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by strict auto emission regulations, increasing demand for EVs and HEVs, and long battery lifespan.
Technavio's start-stop battery market is segmented as below:
- By Technology
- Lead-acid battery
- Lithium-ion battery
- Others
- By Application
- EV
- Conventional vehicles
- By Geography
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the declining lithium-ion battery prices as one of the prime reasons driving the start-stop battery market growth during the next few years. Also, increasing focus on fuel efficiency and advances in battery technologies will lead to sizable demand in the market.
The report on the start-stop battery market covers the following areas:
- Start-stop battery market sizing
- Start-stop battery market forecast
- Start-stop battery market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading start-stop battery market vendors that include A123 Systems LLC, Acumuladores Moura SA, Banner GmbH, Berkshire Hathaway Inc., Braille Battery, Continental AG, CSBattery, East Penn Manufacturing Co. Inc., Energizer Holdings Inc., EnerSys, Exide Technologies, General Motors Co., Genuine Parts Co., GS Yuasa International Ltd., Hankook Tire and Technology Co. Ltd., Hitachi Ltd., Leoch International Technology Ltd., Power Sonic Corp., UCAP Power Inc., and ZincFive. Also, the start-stop battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.