Global Automotive Lead Acid Battery Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2025

Published - Aug 2018 | Category - Energy and Power | No. of Pages - 146 | Published By - ARC

Introduction

Automotive batteries are starting energy source for cars. Lead acid batteries provide electrical current to automobiles. These batteries are also referred as SLI batteries which stands for Starting, Lighting and Ignition. Lead batteries discharge less than 3% of its capacity as a starting current, thus, produces maximum current for the shorter time period. These batteries are rechargeable and are used in most of the motor vehicles.
Based on the structure, three types of batteries namely, flooded, enhanced flood and valve-regulated lead-acid battery (VRLA) batteries are commercially available. Flooded batteries are widely used whereas enhanced flooded batteries and VRLA battery segments are anticipated to grow at the fastest growth rate.

Market Dynamics

Constantly expanding automotive industry with high demand for new as well as used cars across the world is driving the growth of the market. In addition, low or no maintenance of these batteries is propelling the adoption of them across the globe. Moreover, developing technologies such as start-stop coupled with miniaturization of the batteries making them portable is supporting the market growth. On the other hand, high lead content possess a risk of harm to the environment which is challenging the market growth in the long run. The global market is dominated by a few players which includes but not limited to Exide Technologies, Johnson Controls, and East Penn, and EnerSys.


 

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