According to new
research study the report “Global
Automotive Lead Acid Batteries Market, By Product Type (SLI, Stationary,
Motive), By Type (Flooded Batteries, Enhanced Flooded Batteries, VRLA
Batteries), By Application (Electric Vehicles, Hybrid Vehicles, Light Motor
Vehicles, Heavy Motor Vehicles)” – Industry Trends and Forecast to 2024
The Global
Automotive Lead Acid Batteries Market accounted for USD 35.70 billion in 2016
and is projected to grow at a CAGR of 4.5% during the forecast period of 2017
to 2024.
·
No of pages: 350
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Market Definition of Automotive Lead Acid Batteries Market
Lead acid batteries are the devices used for storage of
electricity that be used during an emergency or wherever power supply
connection is not available. Governments have started offering subsidies to
manufacture low cost electric vehicles, which do not pollute the environment.
Growing demand for automotive lead acid batteries in electric vehicles, hybrid
vehicles, light motor vehicles, and heavy motor vehicles is expected to be a
key driver of the market over the next seven years.
• No
of Figures: 60
Report
Segmentation of Automotive Lead Acid Batteries Market
The automotive
lead acid batteries market share is segmented on the basis of product type
into SLI, stationary and motive.
·
On the basis of application, the market is segmented into
flooded batteries, enhanced flooded batteries and VRLA batteries.
·
On the basis of application, the market is segmented into
electric vehicles, hybrid vehicles, light motor vehicles, and heavy motor
vehicles.
·
On the basis of geography, the automotive lead acid batteries
market report covers data points for 28 countries across multiple geographies
such as North America, South America, Europe, Asia-Pacific and Middle East
& Africa. Some of the major countries covered in this report are U.S.,
Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China,
India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa,
and Brazil among others.
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Competitive Analysis
The global automotive
lead acid batteries market is fragmented with the presence of a large
number of players across different regions. These major players have adopted various
organic as well as inorganic growth strategies such as mergers &
acquisitions, new product launches, expansions, agreements, joint ventures,
partnerships, and others to strengthen their position in this market.
• No of Tables: 220
Major Market Competitors:
Some of the major players in automotive lead acid batteries
market include Johnson Controls Inc., Exide Technologies Inc., GS Yuasa
Corporation, Middle East Battery Company, Reem Batteries & Power Appliances
Co. Saoc, Enersys Inc., Saft Groupe S.A., Northstar Battery Company LLC.,
C&D Technologies, Inc., Robert Bosch GmbH, East Penn Manufacturing Company,
Panasonic Corporation, Trojan Battery Company, Samsung Sdi Company Limited,
Leoch International Technology Ltd, Exide Industries Ltd., Koyo Battery Co.,
Ltd., Tai Mao Battery Co., Ltd., PT Century Batteries Indonesia, Thai Bellco
Battery Co.,Ltd., Thai Bellco Battery Co., Ltd., CSB Battery Co., Ltd. (Hitachi
Chemical Energy Technology Co. Ltd.) and many more.
Read more about the Automotive Lead
Acid Batteries Market Visit @ http://databridgemarketresearch.com/reports/global-automotive-lead-acid-batteries-market/
Summary of Market Drivers
and Restraints:
·
Growing
demand for electric and hybrid electric vehicles
·
Advancements in manufacturing processes of lead
acid batteries
·
Government subsidiaries and stringent
regulations regarding pollution emission
Market Restraint:
·
High lead content can harm the environment
Research Methodology of Global Automotive Lead
Acid Batteries Market:
Data collection and base year analysis is done using data
collection modules with large sample sizes. The market data is analyzed and
forecasted using market statistical and coherent models. Also market share
analysis and key trend analysis are the major success factors in the market
report. To know more please request an analyst call or can drop down your
inquiry.
The key research methodology used by DBMR research team is
data triangulation which involves data mining, analysis of the impact of data
variables on the market, and primary (industry expert) validation. Apart from
this, other data models include Vendor Positioning Grid, Market Time Line
Analysis, Market Overview and Guide, Company Positioning Grid, Company Market
Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor
Share Analysis. To know more about the research methodology, drop in an inquiry
to speak to our industry experts.
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