Asia Pacific Automotive Lead Acid Batteries Market was worth USD 10.1 billion in 2021 and is projected to grow at a CAGR of 6.91%, to reach USD 14.1 billion by 2026. Automotive Lead Acid Batteries have been the most common mode of energy storage for the past hundred years. They are utilized in car, desk bound, and deep cycle programs. Lead-acid batteries had been the dominant battery technology in the car market. Despite the emergence of new technology, its dominance will remain untouched in the years yet to come due to its low value and extended lifespan. It is easily the most effective mode within the automotive vicinity because of its extremely good overall performance.
The growth of this market is stimulated via a variety of things which encompass growing vehicle manufacturing as a consequence of a promising automobile income outlook in developing economies, growing production of hybrid and electric powered cars, developing automobile electrification, studies and development collaborations, and solid car manufacturing. Low maintenance and developing adoption of superior car technology in addition contribute to the growth of the market. Key inclinations found within the international automobile lead acid battery marketplace encompass enhancements in lead acid battery era and prolonged-term deliver contracts between battery vendors and car OEMs.
Manufacturers are also centered on developing high-quality car lead acid batteries adhering to guidelines and OEM particular necessities. Some of the automobile lead acid battery vendors have long-time period providers’ contracts with OEMs with regards to the development of vehicle lead acid batteries.
The automobile Lead Acid Batteries market is categorized via type, application, customer and Product. Based on type, it is classified into VRLA, Flooded, and enhanced Flooded batteries. On the premise of application, the marketplace is categorized into LCVs/HCVs, 3 Wheelers, two Wheeler, and Passenger car. On the basis of product it's classified into Micro Hybrid and SLI Batteries.
By Regional segmentation, the Asia-pacific Automotive Lead Acid Batteries market is categorized into China, India, South Korea, Japan and others. China led the Asia-Pacific vehicle lead acid batteries marketplace in 2017. The automotive lead acid batteries marketplace in China is projected to witness the highest growth over the coming few years followed by India and Japan.
Some of the major players in Automotive Lead Acid Batteries market are C&D Technologies, Inc., CSB Battery Co., Ltd., Hitachi Chemical Energy Technology Co. Ltd., East Penn Manufacturing Company, Enersys Inc., Exide Industries Ltd., Exide Technologies Inc., GS Yuasa Corporation, and Johnson Controls Inc.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1.1 SLI Batteries
5.1.2 Micro Hybrid Batteries
5.1.3 Y-o-Y Growth Analysis, By Product
5.1.4 Market Attractiveness Analysis, By Product
5.1.5 Market Share Analysis, By Product
5.2.1 Flooded Batteries
5.2.2 Enhanced Flooded Batteries
5.2.3 VRLA Batteries
5.2.4 Y-o-Y Growth Analysis, By Type
5.2.5 Market Attractiveness Analysis, By Type
5.2.6 Market Share Analysis, By Type
5.3.1 Passenger Car
5.3.3 Two Wheeler
5.3.4 Three Wheeles
5.3.5 Y-o-Y Growth Analysis, By Application
5.3.6 Market Attractiveness Analysis, By Application
5.3.7 Market Share Analysis, By Application
5.4.3 Y-o-Y Growth Analysis, By Customers
5.4.4 Market Attractiveness Analysis, By Customers
5.4.5 Market Share Analysis, By Customers
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
220.127.116.11 By Geographical Area
18.104.22.168 By Product
22.214.171.124 By Type
126.96.36.199 By Application
188.8.131.52 By Customers
6.1.4 Market Attractiveness Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Product
18.104.22.168 By Type
22.214.171.124 By Application
126.96.36.199 By Customers
6.1.5 Market Share Analysis
188.8.131.52 By Geographical Area
184.108.40.206 By Product
220.127.116.11 By Type
18.104.22.168 By Application
22.214.171.124 By Customers
6.5 South Korea
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 C&D Technologies, Inc.
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 CSB Battery Co., Ltd.
8.3 Hitachi Chemical Energy Technology Co. Ltd.
8.4 East Penn Manufacturing Company
8.5 Enersys Inc
8.6 Exide Industries Ltd
8.7 Exide Technologies Inc.
8.8 GS Yuasa Corporation
8.9 Johnson Controls Inc.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures
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