Global Automotive Battery Market, by Battery Type (Lead Acid, Nickel Metal Hydride, Lithium-Ion and Others), by Battery Technology (SLI, AGM, Deep Cycle, Wet Cell and Others), by Vehicle Type (Passenger, Commercial, Electric and Others), by Region (North America, Eastern Europe, Western Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & Forecasting (2016-2028)

The Global Automotive Battery Market is projected to reach USD 115.55 Billion by 2028 at a CAGR of 8.5% during the forecast period. An automotive battery is an electrochemical device that produces voltage and delivers electric current. The primary functions of automotive battery includes operating the starter motor, providing current for the ignition system during cranking, supplying power for the lighting systems and electrical accessories when the engine is not operating, to act as a voltage stabilizer for the entire electrical system and to provide current when the electrical demand of the vehicle exceeds the output of the charging system.

Automotive Battery Market

The demand for the automotive battery is increasing due to the increasing demand for automobiles. Strict government emission standards and promotions electric powered vehicles instead of traditional fuel based automobile are also attributing to the growth of the automotive battery market.

 Global Automotive Battery Market

Some of the key Impact Factors:

  • Increasing demand for automobiles
  • Government initiatives for hybrid and electric vehicles

What This Study Provides:

  • Global market and submarket forecast covering the period of 2016 to 2028, with accompanying analysis
  • Regional market and submarket forecast covering the period of 2016 to 2028, with accompanying analysis
  • National market and submarket forecast covering the period of 2016 to 2028, with accompanying analysis
  • Extensive details and analysis of contracts, projects, and program
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • Analysis of game-changing technological trends and how these will shape the industry
  • Explanation or political, regulatory and technical factors to consider
  • Barriers to entry analysis for markets around the world
  • Profiles of leading companies operating within the sector with market share analysis
  • SWOT analysis of the market, together with the opportunities available and the key threats faced
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • Market conclusions & recommendations

Market Segmentation:

By Battery Type:

  • Lead Acid
  • Nickel Metal Hydride
  • Lithium Ion
  • Others

By Battery Technology:

  • SLI
  • AGM
  • Deep Cycle
  • Wet Cell
  • Others

By Vehicle Type:

  • Passenger
  • Commercial
  • Electric
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Battery Type
    • By Battery Technology
    • By Vehicle Type
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Europe)
    • By Battery Type
    • By Battery Technology
    • By Vehicle Type
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Battery Type
    • By Battery Technology
    • By Vehicle Type
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Battery Type
    • By Battery Technology
    • By Vehicle Type
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Battery Type
    • By Battery Technology
    • By Vehicle Type
  • Rest of the World
    • By Region (South America, Africa)
    • By Battery Type
    • By Battery Technology
    • By Vehicle Type

Companies Covered: Panasonic Corporation, Samsung SDI Co. Ltd., Johnson Controls International PLC, Kokam Co. Ltd., Toshiba Corporation, LG Chem Power Inc., Sanyo Electric Co. Ltd, A123 Systems, LLC, BYD Co., Ltd., East Penn Manufacturing Company, EnerSys, Exide Technologies….

Years Considered In The Study

 

Historic Year

2016, 2017

Base Year

2018

Forecast Period

2019-2028 

CAGR % (2019-2028)

8.5

 

Key Questions Answered By This Report

  • How is the automotive battery market evolving?
  • What is driving and restraining automotive battery dynamics?
  • How will each automotive battery submarket segment grow over the forecast period and how much Sales will these submarkets account for in 2028?
  • How will market shares of each automotive battery submarket develop from 2019-2028?
  • Which automotive battery submarket will be the main driver of the overall market from 2019-2028?
  • How will political and regulatory factors influence regional automotive battery markets and submarkets?
  • Will leading national automotive battery broadly follow macroeconomic dynamics, or will individual country sectors outperform the rest of the economy?
  • How will market shares of the national markets change by 2028 and which nation will lead the market in 2028?
  • Who are the leading players and what are their prospects over the forecast period?
  • How will the sector evolve as alliances form during the period between 2019 and 2028?

Reasons to buy this report:

  • Market size estimation of the automotive battery market on a regional and global basis
  • The unique research design for market size estimation and forecasts
  • Profiling of the major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet the specific requirements:

  • By segment
  • By sub-segment
  • By Region/Country

For more information, contact: sales@quincemarketinsights.com