Automotive Start-Stop Battery Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Automotive start-stop battery is a kind of rechargeable battery that is working on a start-stop mechanism. By the principle of operation, an Automotive start-stop battery shut offs the engine automatically when the vehicle comes to a halt. Although, the automotive start-stop battery still powers all the other electrical systems and devices like as AC and the radio till the engine starts again. The engine gets started automatically by the automotive start-stop battery within a fraction of second when the brakes are released. Therefore Automotive Start-Stop Battery helps in reduction of total fuel consumption and enhancing the efficiency of the vehicle.

MARKET DYNAMICS

Growing automotive production and increasing adoption of start-stop technology by automotive OEMs is expected to drive the automotive start stop battery market in the future. Additionally, the growing fleet of electric and hybrid electric vehicles, with the constituent battery being the key source of power is also identified as significant growth provider of automotive start-stop battery. Moreover, with the growing prices of crude oil coupled the demand for more energy efficient automobiles, the global market for automotive start-stop battery market is expected to grow with healthy CAGR during the forecast period.

MARKET SCOPE

The ˜Global Automotive Start-Stop Battery Market' is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the automotive start-stop battery market with detailed market segmentation by battery type and application. The global automotive start-stop battery market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive start-stop battery market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

1. By Battery Type: On the basis of battery type, the global market for automotive start-stop battery is segmented as Lead-acid Batteries, Enhanced Flooded Batteries, Absorbent Glass Mat Batteries, Li-ion Batteries.
2. By Application: On the basis of application, the global market for automotive start-stop battery is segmented as Conventional Vehicle, Electric Vehicle.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The automotive start-stop battery market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the automotive start-stop battery market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the automotive start-stop battery market in these regions.

IMPACT OF COVID 19

The impact of COVID-19 is inevitable on any industry as there were continuous lockdowns and halt of manufacturing units across the world. The covid-19 pandemic has slowed battery supply chains as most of the battery cells are manufactured in china, thereby highlighting the dependence on China and the associated risks. The global automotive battery market is anticipated to witness a steady growth during the forecast period due to increasing end users' preference for zero-emission hybrid and electric vehicles, owing to falling battery price, reducing crude oil reserves, and environmental effect of conventional automobiles.

MARKET PLAYERS

The report covers vital developments in the automotive start-stop battery market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships and collaborations. These activities have paved the way for the expansion of businesses and the customer base of market players. The market players from the automotive start-stop battery market are anticipated to have lucrative growth opportunities in the future with the rising demand for automotive start-stop battery in the global market. Below mentioned is the list of a few companies engaged in the automotive start-stop battery Market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the automotive start-stop battery market. Decide the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.

•   A123 System LLC
•   ATLASBX Co Ltd
•   Century Batteries
•   East Penn Manufacturing
•   Exide Technologies
•   GS Yuasa Corporation
•   Johnson Controls Inc.
•   Leoch Battery
•   Maxwell Technologies, Inc.
•   Platinum International Limited
•   Powergenix

The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study

Automotive Start-Stop Battery Report Scope