Automotive Lead Acid Battery Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029

Published on : Mar-2020 | List of Tables : 84 | List of Figures : 124 | No. of Pages : 170 | Report Code : FACT4626MR |

Increasing Vehicles Sales to Unlock Lucrative Opportunities for Automotive Lead Acid Battery Market

The sales of passenger cars and commercial vehicles in China, India, and other ASEAN countries are on the rise and is resulting in growing utilization of automotive lead acid batteries. The automotive lead acid batteries are installed in every vehicle as they are used for starting, lighting and ignition (SLI) processes in the vehicle. Moreover, owing to their cost-effective methods for storing sufficient energy by providing short term source of power to the vehicle especially when the engine is off has prompted automotive manufacturers to opt for lead acid batteries. Further, the steady  shift from the internal combustion engine vehicles to electric vehicles in North America and Western Europe, coupled with increasing popularity of stop-start and plug-in technologies is anticipated to create a plethora of opportunities for the automotive lead acid battery manufacturers by 2029. The global automotive lead acid battery market is estimated to create an absolute $ opportunity worth US$ ~ 14.5 Bn during the end of the forecast period (2019-2029) and is foreseen to grow at a moderate CAGR of 4.6%.

Enhanced Flooded Battery (EFB) to See an Upward Trend in Sales

Owing to the increasing electrification and modification of cars, requirement for power is increasing rapidly especially for hybrid and electric cars. This has led to a growing preference for enhanced flooded batteries (EFB). The EFB is designed to offer enhanced cycling capability and improved charge acceptance as compared to the flooded batteries and is widely used in premium vehicles. Furthermore, the demand for enhanced flooded battery in Asia-Pacific region is rising due to its functional benefits thus creating opportunities for the players operating in the automotive lead acid battery market. Owing to the above-mentioned facts, the enhanced flooded battery is expected to cross US$ 1.4 Bn mark by the end of the forecast period. Enhanced flooded batteries are also foreseen to grow 1.2X faster than the Absorbent Glass Mat (AGM) batteries by 2029.

automotive lead acid battery market 02

Our incisive market intelligence on automotive lead acid batteries will enable you to build your next strategy. To know more, ask an analyst here

Asia-Pacific Market Poised for Sharper Revenue Margins

Regionally, Asia-Pacific is projected to maintain its lead in the global automotive lead acid battery market with nearly 45% of the total revenue share in the market and is expected to continue its dominance over the forecast period. Furthermore, growing automotive sales in developing countries such as China and India is anticipated to drive demand for lead acid batteries. Additionally, flooded lead acid batteries are highly preferred in Asia and Middle East Region, owing to their cost-effective energy storage. Asia-Pacific is estimated to create an absolute dollar opportunity worth US$ ~9.7 Bn through the forecast duration. Furthermore, owing to the optimistic outlook of automotive lead acid battery market in Europe, the region is forecasted to account for nearly 20% in the overall value opportunity created in the automotive lead acid battery market.

automotive lead acid battery market 01

Our regional insights on automotive lead acid batteries will equip you to expand your business footprint. For more details, request for a report sample here

Partnerships Coupled with Increased Production Capacity to Augment Market Resiliency

Prominent players are continuously focusing on enhancing their production capacity to strengthen their market presence, increase business operations and to increase their share in the market.

  • In June 2019, EnerSys Inc. announced its plans for the expansion of TPPL (Thin Plate Pure Lead) capacity over the period of three years to commercialize its Greenseal Bi-Polar Battery Technology
  • In 2018, GS Yuasa Corporation opened its biggest production plant in China for the production of lead acid batteries
  • In February 2017, Johnson Controls and Aqua Metals signed the battery recycling technology partnership.

Automotive Lead Acid Battery Market - Scope of the Report

Fact.MR recently published a market study on the global market for automotive lead acid battery. The study provides a detailed assessment on the key market dynamics, including drivers, trends, opportunities, restraints, and detailed information about the automotive lead acid battery market structure. The market study presents exclusive information about how the automotive lead acid battery market will grow during the forecast period of 2019-2029.

Key indicators of market growth, which include Year-on-Year (Y-o-Y) growth of the market, value chain, supply chain analysis, and Compounded Annual Growth Rate (CAGR) are explained in Fact. MR’s study in a comprehensive manner. This information can help readers understand the quantitative growth prospects of the automotive lead acid battery market in the forecast period.

The study is relevant for stakeholders in the automotive lead acid battery market, including manufacturers, suppliers, distributors, and investors, and can help them in developing appropriate strategies to grow in the market. Stakeholders in the automotive lead acid battery market, investors, industry experts, researchers, and journalists, as well as business researchers can leverage the information and data presented in the Fact.MR study.

The study also includes statistics as well as facts related to macro as well as microeconomic factors that are impacting developments in the automotive lead acid battery market. It also offers actionable insights based on future trends in the automotive lead acid battery market. Furthermore, small businesses and new entrants in the automotive lead acid battery market too can make use of the information presented in this study, based on which, they can make appropriate business decisions in order to gain momentum in the market.

Key Segments of the Automotive Lead Acid Battery Market

Fact.MR’s study on the automotive lead acid battery market offers information divided into four key segments— battery type, technology, vehicle type, and sales channel across five region. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.

Battery Type

Technology

Vehicle Type

Sales Channel

Region

  • Flooded
  • Enhanced Flooded
  • Absorbent Glass Mat (AGM)
  • Internal Combustion Engine (ICE)
  • Hybrid
  • Electric
  • Passenger Cars
  • Light Commercial Vehicles
  • OEM
  • Aftermarket
  • North America
  • Latin America
  • Europe
  • Asia-Pacific
  • MEA (Middle East & Africa)

Key Questions Answered in Fact.MR’s Automotive Lead Acid Battery Market Report

  • Which regions will continue to remain the most profitable regional markets for automotive lead acid battery market players?
  • Which factors will induce a change in the demand for automotive lead acid battery during the assessment period?
  • How will changing trends impact the automotive lead acid battery market?
  • How can market players capture the low-hanging opportunities in the automotive lead acid battery market in developed regions?
  • Which companies are leading the automotive lead acid battery market?
  • What are the winning strategies of stakeholders in the automotive lead acid battery market to upscale their position in this landscape?

Automotive Lead Acid Battery Market: Research Methodology

In Fact.MR’s study, a unique research methodology is utilized to conduct extensive research on the growth of the automotive lead acid battery market, and reach conclusions on future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of conclusions.

Secondary resources referred to analysts during the preparation of the automotive lead acid battery market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, who have contributed to the development of this report as a primary resource.

1. Global Automotive Lead Acid Battery Market - Executive Summary

    1.1. Global Market Outlook

    1.2. Supply and Demand Side Trends

    1.3. Segmental Outlook

    1.4. Analysis and Recommendations

2. Global Automotive Lead Acid Battery Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition

3. Market Background

    3.1. Global Automotive Battery Market Overview

        3.1.1. Automotive Battery Market Value & Volume Analysis by Type

            3.1.1.1. Lead Acid Battery

            3.1.1.2. Lithium Ion Battery

            3.1.1.3. Metal Hydride Battery

            3.1.1.4. Others

    3.2. New Technology involving in the Automotive Battery

    3.3. Recent Development in the Global Automotive Battery Pack Market 

    3.4. Investments Announced in Global Automotive Battery Market 

    3.5. Global Electric Vehicle Production Outlook by Region

    3.6. Global Electric Vehicle Regulatory Scenario

    3.7. Market Viewpoint

        3.7.1. Adoption Rates

        3.7.2. Patent Analysis

    3.8. Recent Developments in Automotive Lead Acid Battery Market

    3.9. Macro - Economic Factors

    3.10. Automotive Lead Acid Battery  Market: Value Chain

        3.10.1. List of Key Manufacturers

        3.10.2. List of Channel Partners

        3.10.3. Operating Margins 

        3.10.4. Notes on Value Added at Each Node in the Value Chain

    3.11. Market Dynamics

        3.11.1. Market Drivers

        3.11.2. Market Restraints

        3.11.3. Market Opportunities Analysis

4. Global Automotive Lead Acid Battery Market Demand Analysis 2014-2018 and Forecast, 2019-2028

    4.1. Historical Market Volume (000’ Units) Analysis, 2014-2018 

    4.2. Current and Future Market Volume (000’ Units) Projections, 2019–2029 

    4.3. Y-o-Y Growth Trend Analysis 

5. Global Automotive Lead Acid Battery Market Demand (US$ Mn) Analysis 2014-2018 and Forecast, 2019-2029

    5.1. Historical Market Value (US$ Mn) Projections, 2014-2018

    5.2. Current and Future Market Value (US$ Mn) Projections, 2019-2029

        5.2.1. Y-o-Y Growth Trend Analysis

        5.2.2. Absolute $ Opportunity Analysis

6. Global Automotive Lead Acid Battery Market Analysis 2014-2018 and Forecast, 2019-2029, by Battery Type

    6.1. Introduction / Key Findings

    6.2. Historical Market Size (US$ Mn) and Volume Analysis By Battery Type, 2014 - 2018 

    6.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Vehicle Type, 2019 - 2029

        6.3.1.  Flooded

        6.3.2.  Enhanced Flooded

        6.3.3.  AGM

    6.4. Market Attractiveness Analysis By Battery Type

7. Global Automotive Lead Acid Battery Market Analysis 2014-2018 and Forecast, 2019-2029, by Technology

    7.1. Introduction / Key Findings

    7.2. Historical Market Size (US$ Mn) and Volume  Analysis By Technology, 2014 - 2018 

    7.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Technology, 2019 - 2029

        7.3.1.  ICE

        7.3.2.  Hybrid

        7.3.3.  Electric

    7.4. Market Attractiveness Analysis By Technology

8. Global Automotive Lead Acid Battery Market Analysis 2014-2018 and Forecast, 2019-2029, by Vehicle Type

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Mn) and Volume Analysis By Vehicle Type, 2014 - 2018 

    8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Vehicle Type, 2019 - 2029

        8.3.1.  Passenger Car

        8.3.2.  LCV

    8.4. Market Attractiveness Analysis By Vehicle Type

9. Global Automotive Lead Acid Battery Market Analysis 2014-2018 and Forecast, 2019-2029, by Sales Channel

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) and Volume Analysis By Sales Channel, 2014 - 2018 

    9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Sales Channel, 2019 - 2029

        9.3.1.  Original Equipment Manufacturer (OEM)

        9.3.2.  Aftermarket

    9.4. Market Attractiveness Analysis By Sales Channel

10. Global Automotive Lead Acid Battery Market Analysis 2014-2018 and Forecast, 2019-2029, by Region

    10.1. Introduction

    10.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2014 - 2018

    10.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2019 - 2029

        10.3.1.  North America

        10.3.2.  Latin America

        10.3.3.  Europe

        10.3.4.  Asia Pacific

        10.3.5.  Middle East & Africa (MEA)

    10.4. Market Attractiveness Analysis By Region

    10.5. Demand Share Analysis

    10.6. Regional Trends

11. North America Automotive Lead Acid Battery Market Analysis 2014-2018 and Forecast, 2019-2029

    11.1. Introduction

    11.2. Average Pricing Analysis

    11.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2018

    11.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029

        11.4.1. By Country

            11.4.1.1. U.S.

            11.4.1.2. Canada

        11.4.2. By Battery Type

        11.4.3. By Technology

        11.4.4. By Vehicle Type

        11.4.5. By Sales Channel

    11.5. Market Attractiveness Analysis

        11.5.1. By Battery Type

        11.5.2. By Technology

        11.5.3. By Vehicle Type

        11.5.4. By Sales Channel

    11.6. Demand Share Analysis

12. Latin America Automotive Lead Acid Battery Market Analysis 2014-2018 and Forecast, 2019-2029

    12.1. Introduction

    12.2. Average Pricing Analysis

    12.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2018

    12.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029

        12.4.1. By Country

            12.4.1.1. Brazil

            12.4.1.2. Mexico

            12.4.1.3. Rest of Latin America

        12.4.2. By Battery Type

        12.4.3. By Technology

        12.4.4. By Vehicle Type

        12.4.5. By Sales Channel

    12.5. Market Attractiveness Analysis

        12.5.1. By Country

        12.5.2. By Battery Type

        12.5.3. By Technology

        12.5.4. By Vehicle Type

        12.5.5. By Sales Channel

    12.6. Demand Share Analysis

13. Europe Automotive Lead Acid Battery Market Analysis 2014-2018 and Forecast, 2019-2029

    13.1. Introduction

    13.2. Average Pricing Analysis

    13.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2018

    13.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029

        13.4.1. By Country

            13.4.1.1. Germany

            13.4.1.2. Italy

            13.4.1.3. France

            13.4.1.4. U.K.

            13.4.1.5. Spain

            13.4.1.6. Russia

            13.4.1.7. Rest of Europe

        13.4.2. By Vehicle Type

        13.4.3. By Technology

        13.4.4. By Battery Type

        13.4.5. By Sales Channel

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Battery Type

        13.5.3. By Technology

        13.5.4. By Vehicle Type

        13.5.5. By Sales Channel

    13.6. Demand Share Analysis

14. Asia Pacific Automotive Lead Acid Battery Market Analysis 2014-2018 and Forecast, 2019-2029

    14.1. Introduction

    14.2. Average Pricing Analysis

    14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2018

    14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029

        14.4.1. By Country

            14.4.1.1. China

            14.4.1.2. Japan

            14.4.1.3. South Korea

            14.4.1.4. India

            14.4.1.5. Australia

            14.4.1.6. Rest of South Asia

        14.4.2. By Battery Type

        14.4.3. By Technology

        14.4.4. By Vehicle Type

        14.4.5. By Sales Channel

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Battery Type

        14.5.3. By Technology

        14.5.4. By Vehicle Type

        14.5.5. By Sales Channel

    14.6. Demand Share Analysis

15. Middle East and Africa Automotive Lead Acid Battery Market Analysis 2014-2018 and Forecast, 2019-2029

    15.1. Introduction

    15.2. Average Pricing Analysis

    15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2018

    15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029

        15.4.1. By Country

            15.4.1.1. GCC Countries

            15.4.1.2. Turkey

            15.4.1.3. Iran

            15.4.1.4. Egypt 

            15.4.1.5. South Africa

            15.4.1.6. Rest of Middle East and Africa

        15.4.2. By Vehicle Type

        15.4.3. By Battery Type

        15.4.4. By Technology

        15.4.5. By Sales Channel

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Vehicle Type

        15.5.3. By Battery Type

        15.5.4. By Technology

        15.5.5. By Sales Channel

    15.6. Demand Share Analysis

16. Competitive Landscape

    16.1. Market Analysis Methodology

    16.2. Market Share Analysis

    16.3. Supplier Capacity

    16.4. Competition Dashboard

    16.5. Competition Deep Dive

        16.5.1. EnerSys Inc.

            16.5.1.1. Company Overview

            16.5.1.2. Product Portfolio

            16.5.1.3. Profitability by Market Segments (Product/Channel/Region)

            16.5.1.4. Sales Footprint

            16.5.1.5. Strategy Overview

                16.5.1.5.1. Marketing Strategy

                16.5.1.5.2. Product Strategy

                16.5.1.5.3. Channel Strategy

        16.5.2. Johnson Controls Inc.

            16.5.2.1. Company Overview

            16.5.2.2. Product Portfolio

            16.5.2.3. Profitability by Market Segments (Product/Channel/Region)

            16.5.2.4. Sales Footprint

            16.5.2.5. Strategy Overview

                16.5.2.5.1. Marketing Strategy

                16.5.2.5.2. Product Strategy

                16.5.2.5.3. Channel Strategy

        16.5.3. GS Yuasa Corporation

            16.5.3.1. Company Overview

            16.5.3.2. Product Portfolio

            16.5.3.3. Profitability by Market Segments (Product/Channel/Region)

            16.5.3.4. Sales Footprint

            16.5.3.5. Strategy Overview

                16.5.3.5.1. Marketing Strategy

                16.5.3.5.2. Product Strategy

                16.5.3.5.3. Channel Strategy

        16.5.4. Panasonic Corporation

            16.5.4.1. Company Overview

            16.5.4.2. Product Portfolio

            16.5.4.3. Profitability by Market Segments (Product/Channel/Region)

            16.5.4.4. Sales Footprint

            16.5.4.5. Strategy Overview

                16.5.4.5.1. Marketing Strategy

                16.5.4.5.2. Product Strategy

                16.5.4.5.3. Channel Strategy

        16.5.5. Leoch International Technology Limited

            16.5.5.1. Company Overview

            16.5.5.2. Product Portfolio

            16.5.5.3. Profitability by Market Segments (Product/Channel/Region)

            16.5.5.4. Sales Footprint

            16.5.5.5. Strategy Overview

                16.5.5.5.1. Marketing Strategy

                16.5.5.5.2. Product Strategy

                16.5.5.5.3. Channel Strategy

        16.5.6. Exide Industries Ltd.

            16.5.6.1. Company Overview

            16.5.6.2. Product Portfolio

            16.5.6.3. Profitability by Market Segments (Product/Channel/Region)

            16.5.6.4. Sales Footprint

            16.5.6.5. Strategy Overview

                16.5.6.5.1. Marketing Strategy

                16.5.6.5.2. Product Strategy

                16.5.6.5.3. Channel Strategy

        16.5.7. East Penn Manufacturing Company

            16.5.7.1. Company Overview

            16.5.7.2. Product Portfolio

            16.5.7.3. Profitability by Market Segments (Product/Channel/Region)

            16.5.7.4. Sales Footprint

            16.5.7.5. Strategy Overview

                16.5.7.5.1. Marketing Strategy

                16.5.7.5.2. Product Strategy

                16.5.7.5.3. Channel Strategy

        16.5.8. Exide Technologies Inc.

            16.5.8.1. Company Overview

            16.5.8.2. Product Portfolio

            16.5.8.3. Profitability by Market Segments (Product/Channel/Region)

            16.5.8.4. Sales Footprint

            16.5.8.5. Strategy Overview

                16.5.8.5.1. Marketing Strategy

                16.5.8.5.2. Product Strategy

                16.5.8.5.3. Channel Strategy

        16.5.9. CSB Battery Company Limited

            16.5.9.1. Company Overview

            16.5.9.2. Product Portfolio

            16.5.9.3. Profitability by Market Segments (Product/Channel/Region)

            16.5.9.4. Sales Footprint

            16.5.9.5. Strategy Overview

                16.5.9.5.1. Marketing Strategy

                16.5.9.5.2. Product Strategy

                16.5.9.5.3. Channel Strategy

        16.5.10. FIAMM S.p.A.

            16.5.10.1. Company Overview

            16.5.10.2. Product Portfolio

            16.5.10.3. Profitability by Market Segments (Product/Channel/Region)

            16.5.10.4. Sales Footprint

            16.5.10.5. Strategy Overview

                16.5.10.5.1. Marketing Strategy

                16.5.10.5.2. Product Strategy

                16.5.10.5.3. Channel Strategy

17. Assumption & Acronyms Used

18. Research Methodology

Fact.MR offers custom research services that help clients to get specific research solutions

We are committed towards customer satisfaction and quality service.


Our Clients

Our Clients

Automotive Lead Acid Battery Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029