Automotive Battery Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

The report on global automotive battery market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global automotive battery market to grow with a CAGR of 7.7% over the forecast period of 2018-2024. The study on automotive battery market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.

The report on automotive battery market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global automotive battery market over the period of 2016 to 2024. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global automotive battery market over the period of 2016 to 2024. Further, the growth matrix given in the report brings an insight into the investment areas that existing or new market players can consider.

Research Methodology

Primary Research

Primary research involves extensive interviews and analysis of the opinions provided by the primary respondents.

The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through:

1. Key Opinion Leaders associated
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers

Primary research respondents typically include:

1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include:

1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Report Findings

1. Drivers

• Growing demand for the automobile industry


• Stringent emission standards set by numerous government agencies


• Adoption of fuel-saving technology


• Launch of new hybrid and new electric automotive models

2. Restraints

• Safety issues related to battery


• Fluctuation in the prices of raw materials

3. Opportunities

• Increase in research and development in for fuel cell based automobile


• Development of nanotechnology-based lithium batteries

Segment Covered

The global automotive battery market is segmented on the basis of battery type and vehicle type.

Global Automotive Battery Market by Battery Type

• Lithium-ion


• Lead-acid


• Nickel-based


• Sodium-ion

Global Automotive Battery Market by Vehicle Type

• Passenger Vehicles


• Commercial Vehicles


• Electric Vehicles

Company Profiles

• Samsung SDI Co., Ltd.


• Panasonic Corporation


• LG Chem Ltd.


• Johnson Controls


• Exide Technologies


• Hitachi, Ltd.


• NEC Corporation


• Toshiba Corporation


• Tesla, Inc.


• A123 Systems, LLC

What does this report deliver?

1. Comprehensive analysis of global as well as regional markets of automotive battery market.

2. Complete coverage of all the segments in automotive battery market to analyze the trends, developments in the global market and forecast of market size up to 2024.

3. Comprehensive analysis of the companies operating in the global automotive battery market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.

4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.