Automotive Lead Acid Batteries Market Projected to Garner Significant Revenues by 2031 -End

Published Oct 13 


Abhishek Kale
By Abhishek Kale

9 Articles



Subtitle: Demand for sustainable packaging solutions has been considerably influencing AUTOMOTIVE LEAD ACID BATTERY sales outlook. Future Market Insights (FMI) offers an in-depth analysis of key factors affecting AUTOMOTIVE LEAD ACID BATTERY sales across diverse sectors.

Global sales of automotive lead acid batteries are expected to reach US$ 25.6 Bn in 2021. Fact.MR expects the automotive lead-acid battery industry to grow steadily, registering a CAGR exceeding 5% from 2021-2031. Expected valuation by the end of the forecast period is US$ 41.8 Bn. As per the report, the market is likely to generate an absolute $ opportunity worth US$ 14.5 Bn.

The report also delivers information on sales outlook in 20+ countries. Expansion of the Automotive Lead Acid Battery market is largely dependent on scope for logistic applications. The impact of organized retail section expansion also is studied to uncover hidden opportunities for growth.

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Key Automotive Lead Acid Battery survey highlights and projections

· Expansion of organized retail sector, besides surging sales via online channels will presents attractive growth opportunities. Driven by this, fact mr predicts the market to rise at 5% cagr through 2021-2031

· Expansion of food service sector and focus on pocket-friendly yet efficient packaging solutions will drive Automotive Lead Acid Battery sales in india and china

· Prospects for growth remain optimistic in japan and south korea, backed by industrialization and favorable government policies.

· Sales within the u.s. Will account for maximum demand registered in north america.

· Demand will remain high in germany and the u.k. As both countries focus on technological improvements in packaging machineries.

Report benefits & key questions answered

· Automotive Lead Acid Battery company & brand share review: fact mr offers in-depth brand audit to identify how strategies adopted by companies to establish their brand image will help them to achieve their growth targets.

· Automotive Lead Acid Battery historical volume analysis: the study evaluates sales registered in the market between 2016 and 2020 and compares the same with future outlook.

· Automotive Lead Acid Battery category & segment level analysis: fact mr presents refined sales outlook. This chapter evaluates key factors enabling sales across various segments within the market. It also analyzes prospects for sales across emerging countries.

· Automotive Lead Acid Battery demographics spending pattern: fact mr survey on Automotive Lead Acid Battery market evaluates the spending behavior of consumers. It studies the factors affecting their consumption, in turn influencing their spending pattern. Overall higher willingness to spend on advanced packaging is observed, which will bode well for the market.

· Expenditure on Automotive Lead Acid Battery post covid-19 recovery: the report presents comparison between pre-covid and post covid spending pattern of consumers. Higher inclination to shop online and expansion of ecommerce post covid will have a considerable impact on overall Automotive Lead Acid Battery sales.

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Competitive landscape analysis

The report offers in-depth insights into competition prevailing in the market. It profiles companies in terms of tier 1, tier 2, and tier 3. Growth prospects for companies belonging to each of these tiers are studied in detail.

The survey also includes company share analysis to evaluate share held by these companies, respectively. It also underscores some of the winning strategies adopted by the market players. The impact of government regulations on strategies adopted by the market players are evaluated in details.

Some of the leading companies operating in the market are

· EnerSys Inc.

· Johnson Controls Inc.

· GS Yuasa Corporation

· Panasonic Corporation

· Leoch International Technology Limited

· Exide Industries Ltd.

· East Penn Manufacturing Company

· Exide Technologies Inc.

· CSB Battery Company Limited

· NorthStar

· FIAMM S.p.A.

Key Segments Covered

Battery Type

· Flooded Automotive Lead Acid Battery

· Enhanced Flooded Automotive Lead Acid Battery

· Absorbent Glass Mat (AGM) Automotive Lead Acid Battery

Technology

· Internal Combustion Engine (ICE) Lead Acid Battery

· Hybrid Lead Acid Battery

· Electric Lead Acid Battery

Vehicle Type

· Automotive Lead Acid Battery for Passenger Cars

· Automotive Lead Acid Battery for Light Commercial Vehicles

Sales Channel

· Automotive Lead Acid Battery Sales via OEMs

· Automotive Lead Acid Battery Sales via Aftermarket

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