Quick Summary:
In a constantly evolving industry, staying at the forefront of the Global Automotive Lead Acid Batteries Market is crucial for driving strategic growth. The global market, currently estimated at US$12.3 Billion is projected to reach an impressive US$15 Billion by 2030, heavily influenced by developments in aftermarkets for Passenger Cars and Commercial Vehicles.
Our comprehensive market research report offers business executives precise, innate insights with data-driven projections. It provides an in-depth analysis of leading competitors such as ATLASBX Co., Ltd., East Penn Manufacturing Company, Inc., ENERSYS, among others, helping you understand and navigate the competitive landscape. In addition, the report provides regional analyses including potential growth markets such as China and existing markets such as the U.S., equipping you with the knowledge you need to expand your business globally. Purchase our report to unlock the key to your business's growth and success in the Global Automotive Lead Acid Batteries Market.
Global Automotive Lead Acid Batteries Market to Reach $15 Billion by 2030
The global market for Automotive Lead Acid Batteries estimated at US$12.3 Billion in the year 2022, is projected to reach a revised size of US$15 Billion by 2030, growing at a CAGR of 2.5% over the analysis period 2022-2030. Aftermarket Passenger Cars, one of the segments analyzed in the report, is projected to record a 3.3% CAGR and reach US$6.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Aftermarket Commercial Vehicles segment is readjusted to a revised 2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.4 Billion, While China is Forecast to Grow at 4.4% CAGR
The Automotive Lead Acid Batteries market in the U.S. is estimated at US$3.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2030 trailing a CAGR of 4.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 2.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.9 Billion by the year 2030.Select Competitors (Total 62 Featured) -
- ATLASBX Co., Ltd.
- Camel Group Co., Ltd.
- Crown Battery
- East Penn Manufacturing Company, Inc.
- ENERSYS
- Exide Technologies
- FIRST NATIONAL BATTERY
- Fujian Quanzhou Dahua Battery Co. Ltd.
- Furukawa Battery Co. Ltd.
- GS Yuasa Corporation
- Hitachi Chemical Energy Technology Co., Ltd
- Johnson Controls, Inc.
- Leoch Battery Corporation
- Lion Batteries Holdings Pty Ltd.
- Narada Power Source Co., Ltd.
- Trojan Battery Company
- Yokohama Batteries
- ZIBO TORCH ENERGY Co., LTD.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Automotive Lead Acid Batteries?
What is the growth rate of the Global Market for Automotive Lead Acid Batteries?
What is the forecasted size of the Global Market for Automotive Lead Acid Batteries?
Who are the key companies in the Global Market for Automotive Lead Acid Batteries?
| Report Attribute | Details |
|---|---|
| No. of Pages | 283 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 12.3 Billion |
| Forecasted Market Value ( USD | $ 15 Billion |
| Compound Annual Growth Rate | 2.5% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ATLASBX Co., Ltd.
- Camel Group Co., Ltd.
- Crown Battery
- East Penn Manufacturing Company, Inc.
- ENERSYS
- Exide Technologies
- FIRST NATIONAL BATTERY
- Fujian Quanzhou Dahua Battery Co. Ltd.
- Furukawa Battery Co. Ltd.
- GS Yuasa Corporation
- Hitachi Chemical Energy Technology Co., Ltd
- Johnson Controls, Inc.
- Leoch Battery Corporation
- Lion Batteries Holdings Pty Ltd.
- Narada Power Source Co., Ltd.
- Trojan Battery Company
- Yokohama Batteries
- ZIBO TORCH ENERGY Co., LTD.
