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Light Vehicle Batteries Market by Application and Geography - Global Forecast 2019-2023 - Product Image

Light Vehicle Batteries Market by Application and Geography - Global Forecast 2019-2023

  • ID: 4801811
  • Report
  • June 2019
  • Region: Global
  • 118 pages
  • TechNavio
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FEATURED COMPANIES

  • A123 Systems LLC
  • Clarios
  • GS Yuasa Corp.
  • LG Chem Ltd.
  • Samsung SDI Co. Ltd.
  • MORE
Global Light Vehicle Batteries Market: About this market

Light vehicle batteries are rechargeable batteries which are used for starting lighting and ignition (SLl) applications in light internal combustion engine vehicles (ICEVs) and for power propulsion in light electric vehicles (EVs). This light vehicle batteries market analysis considers sales from both internal combustion engine vehicle (ICEV), and electric vehicle (EV). Our analysis also considers the sales of light vehicle batteries in APAC, MEA, and The Americas. In 2018, the internal combustion engine vehicle (ICEV) segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the increase in the global production of passenger cars and light commercial vehicles will play a significant role in the internal combustion engine vehicle (ICEV) segment to maintain its market position. Also, our global light vehicle batteries report also looks at factors such as Stringent regulations on CHG emissions from automobiles, rising urbanization, declining Li-ion battery prices. However, widening disparity between lithium demand and supply, stringent laws against lead pollution, lack of EV charging infrastructure may hamper the growth of the light vehicle batteries industry over the forecast period.

Global Light Vehicle Batteries Market: Overview

Declining Li-ion battery prices

Li-ion batteries are the most widely used batteries for light vehicles across the world as it is a light metal that has better electrochemical properties than other battery technologies. The declining cost of Li-ion batteries can be attributed to the increasing adoption in the automotive industry and the development of cost-effective production methods by vendors. The declining cost of Li-ion batteries will fuel the light vehicle batteries market to grow at a CAGR of over 10% during the forecast period.

Advances in battery technologies

The global batteries market has been witnessing a significant increase in R&D activities by manufacturers to develop new battery technologies. For instance, the UltraBattery is a hybrid device with a chemical combination of both lead-acid battery and an ultracapacitor. This battery has been witnessing many design improvements over conventional lead-acid technology. The unique chemistry of the battery increases power handling as well as vastly reduces sulfation, which allows it to run continuously without charging fully. These advances in battery technologies will drive the global light vehicle batteries market during the forecast period.

Competitive Landscape

With the presence of several major players, the global light vehicle batteries market is fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading light vehicle batteries manufacturers, that include A123 Systems LLC, Clarios, East Penn Manufacturing Co. Inc., GS Yuasa Corp., LG Chem Ltd., and Samsung SDI Co. Ltd.

Also, the light vehicle batteries market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • A123 Systems LLC
  • Clarios
  • GS Yuasa Corp.
  • LG Chem Ltd.
  • Samsung SDI Co. Ltd.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
  • Market segmentation by application
  • Comparison by application
  • ICEV - Market size and forecast 2018-2023
  • EV - Market size and forecast 2018-2023
  • Market opportunity by application
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Rising number of collaborations between market vendors
  • Advances in battery technologies
  • Technological advances in automotive industry
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • A123 Systems LLC
  • Clarios
  • East Penn Manufacturing Co. Inc.
  • GS Yuasa Corp.
  • LG Chem Ltd.
  • Samsung SDI Co. Ltd.
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits:
Exhibit 01: Global secondary battery market
Exhibit 02: Segments of global secondary battery market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Application - Market share 2018-2023 (%)
Exhibit 18: Comparison by application
Exhibit 19: ICEV - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: ICEV - Year-over-year growth 2019-2023 (%)
Exhibit 21: EV - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: EV - Year-over-year growth 2019-2023 (%)
Exhibit 23: Market opportunity by application
Exhibit 24: Customer landscape
Exhibit 25: Market share by geography 2018-2023 (%)
Exhibit 26: Geographic comparison
Exhibit 27: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 28: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 29: EMEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: EMEA - Year-over-year growth 2019-2023 (%)
Exhibit 31: Americas - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: Americas - Year-over-year growth 2019-2023 (%)
Exhibit 33: Key leading countries
Exhibit 34: Market opportunity
Exhibit 35: Impact of drivers and challenges
Exhibit 36: Vendor landscape
Exhibit 37: Landscape disruption
Exhibit 38: Vendors covered
Exhibit 39: Vendor classification
Exhibit 40: Market positioning of vendors
Exhibit 41: A123 Systems LLC - Vendor overview
Exhibit 42: A123 Systems LLC - Organizational developments
Exhibit 43: A123 Systems LLC - Key offerings
Exhibit 44: Clarios - Vendor overview
Exhibit 45: Clarios - Key offerings
Exhibit 46: East Penn Manufacturing Co. Inc. - Vendor overview
Exhibit 47: East Penn Manufacturing Co. Inc. - Organizational developments
Exhibit 48: East Penn Manufacturing Co. Inc. - Key offerings
Exhibit 49: GS Yuasa Corp. - Vendor overview
Exhibit 50: GS Yuasa Corp. - Business segments
Exhibit 51: GS Yuasa Corp. - Organizational developments
Exhibit 52: GS Yuasa Corp. - Geographic focus
Exhibit 53: GS Yuasa Corp. - Segment focus
Exhibit 54: GS Yuasa Corp. - Key offerings
Exhibit 55: LG Chem Ltd. - Vendor overview
Exhibit 56: LG Chem Ltd. - Business segments
Exhibit 57: LG Chem Ltd. - Organizational developments
Exhibit 58: LG Chem Ltd. - Geographic focus
Exhibit 59: LG Chem Ltd. - Segment focus
Exhibit 60: LG Chem Ltd. - Key offerings
Exhibit 61: Samsung SDI Co. Ltd. - Vendor overview
Exhibit 62: Samsung SDI Co. Ltd. - Business segments
Exhibit 63: Samsung SDI Co. Ltd. - Organizational developments
Exhibit 64: Samsung SDI Co. Ltd. - Geographic focus
Exhibit 65: Samsung SDI Co. Ltd. - Segment focus
Exhibit 66: Samsung SDI Co. Ltd. - Key offerings
Exhibit 67: Validation techniques employed for market sizing
Exhibit 68: Definition of market positioning of vendors


Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • A123 Systems LLC
  • Clarios
  • GS Yuasa Corp.
  • LG Chem Ltd.
  • Samsung SDI Co. Ltd.
  • MORE
The following companies are recognised as the key players in the global automotive steering lock system market: A123 Systems LLC, Clarios, East Penn Manufacturing Co. Inc., GS Yuasa Corp., LG Chem Ltd., and Samsung SDI Co. Ltd.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the advances in battery technologies.”

According to the report, one of the major drivers for this market is the declining Li-ion battery prices.

Further, the report states that one of the major factors hindering the growth of this market is the stringent laws against lead pollution.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • A123 Systems LLC
  • Clarios
  • East Penn Manufacturing Co. Inc.
  • GS Yuasa Corp.
  • LG Chem Ltd.
  • Samsung SDI Co. Ltd.
Note: Product cover images may vary from those shown
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