Global Automotive Battery Market Research Strategies and Forecasts, 2018 to 2025

Fior Markets released a new market research study titled Global Automotive Battery Market 2018 which features consultations about the essential market development and difficulties that the exporters and the market face and give a review of the key patterns rising in the market. Research and facts draws paint a more accurate picture of your market.  Elements that are driving the market development and energizing its sections are additionally scrutinized in the report. This report exhibits a top to the bottom estimate of the Automotive Battery market including empowering key patterns, market drivers, challenges, arrangement patterns, openings, and future guide.

Report Highlights:

The report additionally features on its applications, types, organizations, segments, advancements of this market. It briefs an economic overview and strategical objective of the competitive world. Here, the novel contributors and existing players in the global Automotive Battery market are highlighted. An isolated section of this report points out the major key vendors that permit that allows understanding the costing structure, price, company profile, their contact information, major products and so on. A comprehensive overview of regional distributions and the overview types of popular products in the industry has also been demonstrated in the report. The report estimates the size and valuation of the industry in the coming years.

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Market segment by manufacturers includes: East Penn Manufacturing Co., Inc., Camel Group Co., Ltd., Exide Technologies, FIAMM S.p.A., Fengfan Co., Ltd., Douglas Battery, Zhejiang Narada Power Source Co. Ltd., Johnson Controls Inc., The Furukawa Battery Co., Ltd., and Shandong Sacred Sun Power Sources Co., Ltd., Zhejiang Haijiu Battery Co., Ltd., Chaowei Power Holdings Ltd., Hitachi Ltd., Shandong Sacred Sun Power Sources Co., Ltd., and GS Yuasa Corporation.

Geographically, this report is split into some important regions, together with production, consumption, revenue (USD), along with a market share in those regions covering North America, Europe, Asia-Pacific, South America, The Middle East and Africa.

Crucial Points Covered In The Market:

  • The report offers the size of historical and the current market, which forms the base of the global Automotive Battery market is predicted to develop in the future.
  • Competitive landscape of the global market has been given, and this includes a dashboard view of competing firms and their respective market share concerning value (USD mn) and volume (units).
  • The market is analyzed by the product form, end-users, regions and presents forecast concerning value (US$ Mn) for 2018-2025.
  • The market values presented in this report is based on data and information collected at a regional stage.

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The report will be beneficial for both current players and new members as it offers some advantage for level playing contention. The further section introduces the analysis of key market participants combined with development plans and policies, profit & loss statistics, product value, production techniques, the price structure of the market. Primary and secondary resources are the grounds of the data analysis which has been presented in the report.Moreover, other crucial elements such as product overview, raw material supply, demand statistics, expected developments, profit and consumption ratio, and supply chain relationship are featured in this research.

Customization of the Report:This report can be customized to meet the client’s requirements. Please connect with our sales team (sales@fiormarkets.com), who will ensure that you get a report that suits your needs.

Global Automotive Battery Market 2018 Key Players – East Penn Manufacturing Co., Inc., Camel Group Co., Ltd., Exide Technologies, FIAMM S.p.A.

Global Automotive Battery Market by Battery Type (Lithium-Ion Based, Nickel-Based, Lead-Acid Based, Sodium-Ion, Others), Vehicle Type (Passenger Vehicles, Others),Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025.

The global automotive battery market is expected to grow from USD 49.05 Billion in 2017 to USD 85.41 Billion by 2025 at a CAGR of 7.2% during the forecast period from 2018-2025. Growing demand for hybrid, semi-hybrid and fully electric vehicles is propelling the growth of automotive vehicles market. Besides this, the newest trend of start–stop batteries in vehicles is also boosting the market.

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The lead-acid based segment dominated the market with the highest share of 38.70% in 2017

The battery type segment is classified into lithium-ion based, nickel-based, lead-acid based, sodium-ion and others. The lead-acid based segment dominated the market in 2017.Lead-acid batteries are basically used for SLI applications in conventional vehicles because of their higher cold cranking performance, low cost, and increased reliability. They are less expensive and simple in manufacturing, capable of high discharge rates, minimal maintenance and superior starting capacity.

The electric vehicle segment is dominating the market and valued around USD 19.23 Billion in 2017

The vehicle type segment is segmented intopassenger vehicles, commercial vehicles, electric vehicles and others. The electric vehicle segment is dominating the market with the highest share in 2017. Rising number of electric cars on the road would promote the growth of privately and publicly accessible charging infrastructure.

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Regional Segmentation Analysis:

The market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and Middle East and Africa. The North America is dominating the market with the highest market share of 44.20% in 2017. This dominance is due to presence of strong manufacturing base of lead-acid battery which is expected to promote market growth in the region. Also, increasing demand for electric vehicles due to increase in government regulations is likely to spur the growth of electric vehicles segment over the forecast period.

Competitive Analysis:

The major players ofmarketinclude East Penn Manufacturing Co., Inc., Camel Group Co., Ltd., Exide Technologies, FIAMM S.p.A., Fengfan Co., Ltd., Douglas Battery, Zhejiang Narada Power Source Co. Ltd., Johnson Controls Inc., The Furukawa Battery Co., Ltd., and Shandong Sacred Sun Power Sources Co., Ltd., Zhejiang Haijiu Battery Co., Ltd., Chaowei Power Holdings Ltd., Hitachi Ltd., Shandong Sacred Sun Power Sources Co., Ltd., and GS Yuasa Corporation.For instance, in February 2019, Electric car maker Tesla has intended to acquire US-based energy storage company Maxwell Technologies so as to help the electric automaker to improve its batteries and lower the costs as more competitors enter the market.

Customization of the Report:This report can be customized to meet the client’s requirements. Please connect with our sales team(sales@fiormarkets.com),who will ensure that you get a report that suits your needs.