Market Overview:
The global automotive sealed lead-acid battery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. Additionally, the increasing demand for electric vehicles is also contributing to the growth of this market. The global automotive sealed lead-acid battery market can be segmented on the basis of type into AGM batteries and gel batteries. The AGM battery segment is expected to account for a larger share of the global automotive sealed lead-acid battery market than that of gel batteries during the forecast period from 2018 to 2030.
Product Definition:
An automotive sealed lead-acid battery is a rechargeable battery that supplies electrical current to start a vehicle's engine and power its electrical components. It is also known as a SLI battery, starting, lighting, and ignition battery.
AGM Battery:
Lead-acid batteries are the most common source of energy used in automotive applications. They are economical, provide high power density and have a low self-discharge rate making them suitable for use in portable devices such as radios, GPS systems and mobile phones. However, these batteries pose an environmental threat as they contain harmful lead compounds that can contaminate the environment when disposed of properly.
Gel Battery:
Gel battery is a specialty battery that offers high power density, excellent safety and performance, and low maintenance. It consists of two electrodes (positive & negative), an electrolyte solution (sulfuric acid or phosphoric acid), and a membrane separator that allows the flow of current between the electrodes. These batteries are used in applications where high power is required for short periods such as in electric cars.
Application Insights:
The passenger vehicle segment led the market and accounted for more than 70.0% share of the global revenue in 2017 owing to increasing demand for electric and hybrid vehicles across various regions, including North America, Europe, Asia Pacific and Middle East & Africa. The commercial vehicle segment is expected to witness significant growth over the forecast period due to rising demand from industries such as UPS, telecoms and public transportation systems among others.
Sealed lead-acid batteries are used in a variety of applications including automotive; Uninterruptible Power Supply (UPS) application; telecommunication industry; medical equipment; industrial power backup systems (PBUSS); consumer electronics storage devices such as video recorders or camcorders among others. The growing use of these batteries in electronic products has resulted in increased product sales which is anticipated to boost the growth of this market over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2017 owing to high demand from countries, such as China and India. In addition, rising sales of passenger vehicles in countries like South Korea and Japan are anticipated to fuel product demand over the next eight years.
Europe was estimated at USD X million in 2017 and is projected to grow at a CAGR of XX% during the forecast period on account of increasing automotive production coupled with growing consumer preference for electric vehicles across Germany, U.K.
Growth Factors:
- Increasing demand for automobiles: The global automotive market is expected to grow at a CAGR of 4.5% from 2016 to 2020, reaching a value of .7 trillion by 2020. This growth is primarily attributed to the increasing demand for automobiles in developing countries such as China and India.
- Stringent emission norms: Stringent emission norms are being implemented by various governments across the globe in an effort to reduce environmental pollution levels. These norms are resulting in the increased adoption of electric and hybrid vehicles, which require advanced lead-acid batteries for their operation.
- Development of smart grids: The development of smart grids is aiding the growth of the lead-acid battery market as these grids require large numbers of reliable and durable batteries for their operation. Smart grids help improve energy efficiency by reducing wastage and integrating renewable energy sources into the grid system seamlessly .
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Sealed Lead-acid Battery Market Research Report
By Type
AGM Battery, Gel Battery
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Johnson Controls, GS Yuasa, Exide Technologies, Hitachi Chemical, Camel Group, Sebang, Atlas BX, CSIC Power, East Penn, Banner Batteries, Chuanxi Storage, Exide Industries, Ruiyu Battery, Amara Raja
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Sealed Lead-acid Battery Market Report Segments:
The global Automotive Sealed Lead-acid Battery market is segmented on the basis of:
Types
AGM Battery, Gel Battery
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Johnson Controls
- GS Yuasa
- Exide Technologies
- Hitachi Chemical
- Camel Group
- Sebang
- Atlas BX
- CSIC Power
- East Penn
- Banner Batteries
- Chuanxi Storage
- Exide Industries
- Ruiyu Battery
- Amara Raja
Highlights of The Automotive Sealed Lead-acid Battery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AGM Battery
- Gel Battery
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Sealed Lead-acid Battery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive sealed lead-acid batteries are a type of rechargeable battery that is used in automobiles and other vehicles. They are typically smaller and lighter than traditional lead-acid batteries, which makes them more efficient and easier to install. Automotive sealed lead-acid batteries also have a longer life expectancy than traditional lead-acid batteries, making them an ideal choice for vehicles that are used frequently.
Some of the major companies in the automotive sealed lead-acid battery market are Johnson Controls, GS Yuasa, Exide Technologies, Hitachi Chemical, Camel Group, Sebang, Atlas BX, CSIC Power, East Penn, Banner Batteries, Chuanxi Storage, Exide Industries, Ruiyu Battery, Amara Raja.
The automotive sealed lead-acid battery market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Sealed Lead-acid Battery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Sealed Lead-acid Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Sealed Lead-acid Battery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Sealed Lead-acid Battery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Sealed Lead-acid Battery Market Size & Forecast, 2020-2028
4.5.1 Automotive Sealed Lead-acid Battery Market Size and Y-o-Y Growth
4.5.2 Automotive Sealed Lead-acid Battery Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 AGM Battery
5.2.2 Gel Battery
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Sealed Lead-acid Battery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Sealed Lead-acid Battery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 AGM Battery
9.6.2 Gel Battery
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 AGM Battery
10.6.2 Gel Battery
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 AGM Battery
11.6.2 Gel Battery
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 AGM Battery
12.6.2 Gel Battery
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 AGM Battery
13.6.2 Gel Battery
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Sealed Lead-acid Battery Market: Competitive Dashboard
14.2 Global Automotive Sealed Lead-acid Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson Controls
14.3.2 GS Yuasa
14.3.3 Exide Technologies
14.3.4 Hitachi Chemical
14.3.5 Camel Group
14.3.6 Sebang
14.3.7 Atlas BX
14.3.8 CSIC Power
14.3.9 East Penn
14.3.10 Banner Batteries
14.3.11 Chuanxi Storage
14.3.12 Exide Industries
14.3.13 Ruiyu Battery
14.3.14 Amara Raja
