Automotive Battery Market Revenue, Regional-Outlook, Services And Growth

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Automotive Battery Market was valued at US$ 17.98 Bn in 2022 and is expected to grow US$ 23.98 Bn by 2029, at a CAGR of 4.2% during the forecast period.

Automotive Battery Market Overview

Maximize Market Research, a prominent international business consultancy firm catering to large and medium-sized enterprises worldwide has recently released its highly anticipated "Automotive Battery Market" Report. With a global presence, the company serves clients in over 34 countries.

According to the research analyst's insights from the report, the Asia Pacific region holds tremendous potential as a lucrative opportunity for the Automotive Battery market and its component manufacturers over the next decade. Remarkably, the market has exhibited resilience and an upward trend even in the face of an economic slowdown, as analyzed post the Covid lockdown period. The report has explored the prosperous prospects and valuable opportunities presented by the Asia Pacific region in the Automotive Battery market for the coming years.

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Automotive Battery Market Scope

Between 2021 and 2029, experts predict a steady rise in the Automotive Battery market. Leading industry players are anticipated to aggressively bolster the sector's growth. The market analysis report encompasses import and export consumption, supply and demand chain, costs, shares, sales volumes, revenues, and gross profits. It also scrutinizes manufacturing bases, capacity, production, factory prices, revenues, and market share of each manufacturer. The report covers countries like the USA, Canada, Mexico, Germany, France, the UK, Russia, Italy, China, Japan, South Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia.

Automotive Battery Market Segmentation

by Battery

Type Lead Acid
Nickel Metal Hybrid
Lithium-Ion
Others

The lead-acid battery category, which accounts for 39% of the worldwide automotive battery market, has the biggest market share by battery type. Because they are durable, abuse-tolerant, tried and tested, and used in the automobile industry for SLI (Starting, Lighting, and Ignition) applications. They can discharge at high rates, need little maintenance, and have better beginning capacity. They are also less expensive and easier to manufacture.

by Vehicle

Type Passenger
Commercial
Electric
Other

by Battery

Technology SLI
AGM
Deep Cycle
Wet Cell
Others

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Automotive Battery Market Key Players

1. Johnson Controls International plc.
2. Haldex Incorporated
3. ZF TRW Automotive Holdings Corporation
4. Hitachi Ltd.
5. EnerSys
6. Furukawa Electric Co. Ltd.
7. Leoch International Tech
8. GS Yuasa Corporation
9. Crown Battery Manufacturing Company
10.Exide Industries Limited
11.East Penn Manufacturing Co., Inc.
12.Camel Group Co., Ltd.
13.FIAMM S.p.A.
14.Fengfan Co., Ltd.
15.Douglas Battery
16.Zhejiang Narada Power Source Co. Ltd.
17.Shandong Sacred Sun Power Sources Co., Ltd.
18.Zhejiang Haijiu Battery Co., Ltd.
19.Chaowei Power Holdings Ltd.
20.Robert Bosch GmbH
21.MK Battery
22.Amara Raja Group
23.SANYO Electric Co.,Ltd
24.Hitachi, Ltd.

Table of content for the Automotive Battery Market includes:

1. Preface

1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology

2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary: Global Automotive Battery Market Size, by Market Value (US$ Bn)

4. Market Overview

4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies

5. Supply Side and Demand Side Indicators

6. Global Automotive Battery Market Analysis and Forecast

6.1. Automotive Battery Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America

Regional Analysis

The report provides valuable figures, revenue data, and a comprehensive analysis of the business chain structure, presenting insights into the opportunities and industry news surrounding the Automotive Battery market. With in-depth coverage of various regions, businesses can gain a profound understanding of the market's dynamics, enabling them to make informed decisions and capitalize on emerging prospects in this dynamic industry.

Key Questions answered in the Automotive Battery Market Report are:

  • What is Automotive Battery Market?
  • What is the forecast period of the Automotive Battery Market?
  • What is the competitive scenario of the Automotive Battery market?
  • Which region held the largest market share in the Automotive Battery Market?
  • What are the opportunities for the Automotive Battery Market?
  • What are the restraining factors in the Automotive Battery market?
  • Who are the key players of the Automotive Battery market?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Automotive Battery
  • Landscape- Leading key players and other prominent key players.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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