Automotive Lead Acid Battery Market

Global Automotive Lead Acid Battery Market by Applications (Stationary [Telecommunications, UPS, and Control & Switchgear], Motive, and SLI [Automobiles and Motorcycles]), Constructions (Flooded and VRLA), Sales Channels (OEM and Aftermarket) and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2021-2028

  • Report ID: AL-3286
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 174
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The global automotive lead acid battery market is estimated to register a robust CAGR during the forecast period, between 2021 and 2028. An automotive lead acid battery is a rechargeable battery invented by Gaston Planté in 1859. They are used in automobiles for starting, lighting, and ignition (SLI). Sponge lead (Pb) and lead peroxide (PbO2) batteries convert chemical energy into electrical energy by immersing their plates in sulfuric acid. Those batteries have been around for 100 years and still serve as a popular source of energy storage today. They have a high cell voltage and are less expensive. These batteries are commonly used in power stations and substations. The cells of these batteries are powerful despite their low power-to-weight and volume-to-energy ratio. This implies that they have a large power-to-weight ratio even though the energy ratios for their cells are low. The high current required by automobile starter motors makes them highly compatible with motor vehicles. Apart from providing voltage for various vehicle accessories such as music systems, wipers, radios, air conditioners, and chargers. Lead acid batteries also assist in supplying power to electrical systems.


Automotive Lead Acid Battery Market key takeaways

Market Trends, Drivers, Restraints, and Opportunities:

  • Growing automotive production and sales, as well as the increasing vehicle production, can positively affect the market.
  • Cost-effectiveness of lead acid batteries can positively influence the market growth.
  • Low-cost alternatives in energy storage and rising safety concerns about battery usage can restrain the growth of the market.
  •  Limited use of lead acid batteries used in automotive applications and the rise of electric vehicles can pose further challenges to the market.
  • Growing R&D activities can create new opportunities for the automotive lead acid batteries market.

Scope of the report:

The report on automotive lead acid battery market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Automotive Lead Acid Battery Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Applications (Stationary [Telecommunications, UPS, and Control & Switchgear], Motive, and SLI [Automobiles and Motorcycles]), Constructions (Flooded and VRLA), Sales Channels (OEM and Aftermarket)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Clarios, Exide Industries Limited, Leoch, Shangdong, C&D Technologies, GS Yuasa, East Penn, Zibo, Furukawa, Crown Battery, B.B. Battery, HOPPECKE, First National Battery, Koyo Battery, Middle East Battery, and Enersys

 

Automotive Lead Acid Battery Market Segment Insights:

SLI segment is projected to hold significant market share

In the terms of applications, the market can be divided into stationary, motive and SLI. Stationary can be further divided into telecommunications, UPS, and control & switchgear. The SLI segment can be further divided into automobiles and motorcycles. The SLI segment is projected to hold significant market share owing to improvement in cranking power and extensive utilization of advanced vehicle technologies. With other applications such as micro hybrid systems and start-stop vehicles, these batteries hold a dominant position in the conventional automobile industry, which can propel product penetration.

VRLA segment is estimated to grow at a significant pace in near future

Based on constructions, the automotive lead acid battery market can be bifurcated into flooded and VRLA. The VRLA segment is anticipated to expand at a significant pace in near future due to high rate of discharge combined with reliable and high-power delivery as seen in VRLA batteries. Further, these units are offered in a variety of industries including automotive and telecommunications for their high-power reserves and easy operation, thus contributing to the growth of the lead acid battery market.


Automotive Lead Acid Battery Market by constructions

Aftermarket segment is anticipated to account for a substantial share

On the basis of sales channels, the market can be bifurcated into OEM and aftermarket. The aftermarket segment is anticipated to account for a substantial share. In this segment, as battery replacements have increased at the end of the service, aftermarket service providers make up the majority of the sales channel market share. Batteries manufacturers and suppliers can benefit from expanded market opportunities. In contrast, the application for which a battery is deployed plays a major role in determining sales channel trends. A dealer and other vendors who provide aftermarket sales services, for example, can benefit from these services across the automobile sector.

Asia Pacific is expected to dominate the market

In terms of regions, the automotive lead acid battery market is classified as Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the market owing to the positive outlook toward the growth of the automotive sector along with ongoing industrialization. The region is highly characterized by the presence of restricted access to electricity and rising urbanization. Increasing investment across commercial infrastructure development can fuel a requirement for efficient energy storage devices including UPS and inverters, which is estimated to stimulate product adoption across the region.


Automotive Lead Acid Battery Market by regions

Segments

Segments Covered in the Report:

By Applications

  • Stationary
    • Telecommunication
    • UPS
    • Control & Switchgear
    • Others
  • Motive
  • SLI
    • Automobiles
    • Motorcycles
By Constructions
  • Flooded
  • VRLA
By Sales Channels
  • OEM
  • Aftermarket
By Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
By Key Players
  • Clarios
  • Exide Industries Limited
  • Leoch
  • Shangdong
  • C&D Technologies
  • GS Yuasa
  • East Penn
  • Zibo
  • Furukawa
  • Crown Battery
  • B.B. Battery
  • HOPPECKE
  • First National Battery
  • Koyo Battery
  • Middle East Battery
  • Enersys

Competitive Landscape

Key players in the automotive lead acid battery market are Clarios, Exide Industries Limited, Leoch, Shangdong, C&D Technologies, GS Yuasa, East Penn, Zibo, Furukawa, Crown Battery, B.B. Battery, HOPPECKE, First National Battery, Koyo Battery, Middle East Battery, and Enersys. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

Automotive Lead Acid Battery Market by key players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Lead Acid Battery Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Automotive Lead Acid Battery Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Automotive Lead Acid Battery Market - Supply Chain
  4.5. Global Automotive Lead Acid Battery Market Forecast
     4.5.1. Automotive Lead Acid Battery Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automotive Lead Acid Battery Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Automotive Lead Acid Battery Market Absolute $ Opportunity
5. Global Automotive Lead Acid Battery Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Automotive Lead Acid Battery Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Automotive Lead Acid Battery Demand Share Forecast, 2019-2026
6. North America Automotive Lead Acid Battery Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Automotive Lead Acid Battery Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Automotive Lead Acid Battery Demand Share Forecast, 2019-2026
7. Latin America Automotive Lead Acid Battery Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Automotive Lead Acid Battery Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Automotive Lead Acid Battery Demand Share Forecast, 2019-2026
8. Europe Automotive Lead Acid Battery Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Automotive Lead Acid Battery Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Automotive Lead Acid Battery Demand Share Forecast, 2019-2026
9. Asia Pacific Automotive Lead Acid Battery Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Automotive Lead Acid Battery Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Automotive Lead Acid Battery Demand Share Forecast, 2019-2026
10. Middle East & Africa Automotive Lead Acid Battery Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Automotive Lead Acid Battery Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Automotive Lead Acid Battery Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Automotive Lead Acid Battery Market: Market Share Analysis
  11.2. Automotive Lead Acid Battery Distributors and Customers
  11.3. Automotive Lead Acid Battery Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Clarios
     11.4.2. Exide Industries Limited
     11.4.3. Leoch
     11.4.4. Shangdong
     11.4.5. C&D Technologies
     11.4.6. GS Yuasa
     11.4.7. East Penn
     11.4.8. Zibo

Segments Covered in the Report:

By Applications

  • Stationary
    • Telecommunication
    • UPS
    • Control & Switchgear
    • Others
  • Motive
  • SLI
    • Automobiles
    • Motorcycles
By Constructions
  • Flooded
  • VRLA
By Sales Channels
  • OEM
  • Aftermarket
By Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
By Key Players
  • Clarios
  • Exide Industries Limited
  • Leoch
  • Shangdong
  • C&D Technologies
  • GS Yuasa
  • East Penn
  • Zibo
  • Furukawa
  • Crown Battery
  • B.B. Battery
  • HOPPECKE
  • First National Battery
  • Koyo Battery
  • Middle East Battery
  • Enersys

Key players in the automotive lead acid battery market are Clarios, Exide Industries Limited, Leoch, Shangdong, C&D Technologies, GS Yuasa, East Penn, Zibo, Furukawa, Crown Battery, B.B. Battery, HOPPECKE, First National Battery, Koyo Battery, Middle East Battery, and Enersys. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

Automotive Lead Acid Battery Market by key players

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