The Global Automotive lead-acid battery market is expected to grow further at an estimated CAGR of 4.40% between the years 2018-2026
The
Global Automotive lead-acid batterymarket is forecasted to grow further at
an estimated CAGR of 4.40% between the years 2018 – 2026. The market is driven
by a surge in automotive sales and the
growing demand for battery-powered
vehicles. The fact that these batteries can be recycled and are fairly cost
effective are also aiding the market expansion.
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MARKET
INSIGHTS
The global automotive lead-acid battery market is segmented according to customer
segments, products, types, and end-users.
The customer segments include OEM batteries and aftermarket batteries. The
products available in this market are classified into micro-hybrid batteries
and SLI batteries. The lead-acid
batteries by type are further classified
into enhanced flooded batteries, flooded batteries, and VRLA batteries. The
end-users for this market include LCVs and HCVs, passenger car, two wheelers
and three wheelers.
REGIONAL
INSIGHTS
The global lead-acid battery market is regionally segmented into Asia-Pacific, Europe,
North America and rest of the world. The Asia-Pacific market is predicted to
reign the global market over the forecast period. A major contributor to this region is China. The country is the
biggest automobile manufacturer in the world for both passenger as well as commercial vehicles. The Indian market, too,
is projected to witness significant
growth over the forecast period, due to a huge demand for two-wheeler vehicles
in the nation.
COMPETITIVE
INSIGHTS
Some of the leading players in
this market are C&D Technologies Inc (Acquired By Kps Capital Partner),
B.B. Battery Co, Crown Battery, CSB Battery Company Ltd, Enersys, Exide
Technologies Inc, East Penn Manufacturing, Fengfan Co Ltd (China), Johnson
Controls Inc, GS Yuasa Corporation, Narada Power Source Co Ltd, Northstar,
Nipress (Indonesia), Toshiba Corporation and Zibo Torch Energy Co Ltd.
Geographically, the Global Automotive Lead Acid Battery Market has been segmented on the basis of four major regions, which includes:
Automotive Lead Acid Battery North America Market – U.S. & Canada
Automotive Lead Acid Battery Asia Pacific Market – China, India, Japan, Australia, RoAPAC
Automotive Lead Acid Battery Europe Market – UK, France, Germany, Spain, RoE

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