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Global Automotive Battery Market – By Chemical Composition, Sales Channel, Vehicle type, Region - Market Size, Company Profiles, Industry Trends (2018 - 2025)

Automotive || Region: Global || 120 pages
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An automotive battery is a rechargeable battery used for supplying power to electric vehicles.The battery feeds the starter of the engines. Automotive battery is one of the critical automotive components deployed to provide power for Starting, Lighting and Ignition (SLI) in an automobile. Automotive battery could soon become an inevitable source to operate electric vehicles as it now being used to power up their entire framework and engine of the vehicles. The inception of electric vehicles has caused a surge in the number of these batteries and with the growth of electric vehicles these batteries are going to be in demand much more than before.

Demand Scenario

The global automotive battery market was USD 38.63 billion in 2018 and is estimated to reach USD 61.95 billion by 2025 at a CAGR of 6.98% during the forecasted period. The market demand for this battery is huge as more and more vehicles are being developed daily and more electric vehicles are increasingly being used.

Growth by Region

North America dominates the market due to the presence of large companies in batteries like Exide, Johnson Controls, and Odyssey. Being advanced in the field of technology North America has shown a significant interest in the field and a lot of progress has been made.

Asia-Pacific market has a huge CAGR of 8.9% during the forecast period. This amounts to the increasing population in various countries of this region like India, Indonesia, China and Korea. Due to this demand for vehicles has increased significantly and hence the demand for this market arises automatically.

Drivers vs. Constraints

The passenger car battery market is expected to continue its dominance in the global automotive battery market during the forecast period as well. The use of electric power in vehicle as a fuel is new trend in last few years. Environmental changes and scarce oil resources are the driving force behind their increasing adoption. On the other hand, the market can be negatively affected by the rise of safety issues associated with battery usage and unavailability of proper infrastructure required for the proper utilization of electric vehicles. Also, the overflowing sales of mid-sized and compact vehicles compared to those of other types of vehicles has been making it difficult for automotive battery manufacturers to provide products at a huge pace.

Industry Structure and Updates

The need for more efficient and environment friendly vehicles has got this technology growing a lot. A lot of research is being done to make the technology more efficient and huge new players are competing in the market to develop better and more efficient system. The market is dependent on raw material suppliers and manufacturers. Mergers & acquisitions and joint ventures are among the key strategies adopted by market players in an attempt to consolidate their market presence.

 

Global Automotive Battery Market – By Chemical Composition, Sales Channel, Vehicle type, Region - Market Size, Company Profiles, Industry Trends (2018 - 2025)

1. Research Methodology
2. Executive Summary
3. Market Overview
3.1. Definition
3.2. Industry Value Chain Analysis
3.3. Porters 5 Forces
3.4. Regulations
4. Market Dynamics
4.1. Introduction
4.2. Drivers
4.3. Constraints
4.4. Trends
5. Global Automotive Battery Market Segmentation, Forecasts and Trends - by Chemical Composition
5.1. Lithium-ion
5.2. Nickel-metal Hydride
5.3. Nickel-Cadmium
5.4. Small Sealed Lead Acid
6. Global Automotive Battery Market Segmentation, Forecasts and Trends - by Sales Channel
6.1. OEM
6.2. Aftermarket
7. Global Automotive Battery Market Segmentation, Forecasts and Trends - by Vehicle type
7.1. Compact Vehicle
7.2. Mid-sized Vehicle
7.3. Premium Vehicle
7.4. Luxury Vehicle
7.5. Commercial Vehicle
7.6. Heavy Commercial Vehicle
8. Global Automotive Battery Market Segmentation, Forecasts and Trends - by Region
8.1. North America
8.1.1. U.S.
8.1.2. Canada
8.1.3. Mexico
8.2. Europe
8.2.1. UK
8.2.2. France
8.2.3. Germany
8.2.4. Italy
8.2.5. Others
8.3. Asia Pacific
8.3.1. India
8.3.2. China
8.3.3. Japan
8.3.4. Australia
8.3.5. Others
8.4. South America
8.4.1. Brazil
8.4.2. Argentina
8.4.3. Others
8.5. Middle East and Africa
8.5.1. South Africa
8.5.2. UAE
8.5.3. Saudi Arabia
8.5.4. Egypt
8.5.5. Others
9. Competitive Intelligence
9.1. Company Market Share Analysis
9.2. Industry M&As, Consolidations
10. Company Profiles
10.1. Exide Technologies
10.2. Hitachi
10.3. East Penn Manufacturing Company
10.4. Tesla
10.5. NEC Corporation
10.6. LG Chem Ltd
10.7. Johnson Controls
10.8. BYD Co., Ltd
10.9. A123 Systems
10.10. EnerSys
10.11. LLC
10.12. GS Yuasa Corporation
10.13. Amara Raja Batteries
10.14. Automotive Energy Supply Corporation
10.15. Saft Group S.A.
10.16. Delphi Automotive
10.17. Others
11. Investment Opportunities

Exide Technologies
Hitachi
East Penn Manufacturing Company
Tesla
NEC Corporation
LG Chem Ltd
Johnson Controls
BYD Co., Ltd
A123 Systems
EnerSys
LLC
GS Yuasa Corporation
Amara Raja Batteries
Automotive Energy Supply Corporation
Saft Group S.A.
Delphi Automotive

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