Automotive Lead Acid Battery Market Analysis, Scope, and Growth by 2028
Automotive Lead Acid Battery Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 26.50 Billion |
Market Size by 2031 | US$ 40.49 Billion |
Global CAGR (2023 - 2031) | 5.4% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Automotive Lead Acid Battery Market News and Recent Developments
The automotive lead acid battery market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automotive lead acid battery are listed below:
- GS Yuasa Corporation announced that India-based Tata AutoComp GY Batteries Private Ltd. (“TGY”), an equity-method affiliate of subsidiary GS Yuasa International Ltd. (“GS Yuasa”), aims to double its annual production capacity for motorcycle lead-acid batteries to 8.4 million units. In addition, TGY will strengthen its production of automotive lead-acid batteries, with a focus on high-performance lead-acid batteries for environment-friendly vehicles, such as start & stop vehicles, demand for which is expected to continue growing in the years ahead. (Source: GS Yuasa Corporation, Press Release, December 2021)
Automotive Lead Acid Battery Market Report Coverage & Deliverables
The automotive lead acid battery market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. The market report "Automotive Lead Acid Battery Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering below areas-
- Automotive lead acid battery market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Automotive Lead Acid Battery Market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Automotive lead acid battery market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the Automotive Lead Acid Battery Market
- Detailed company profiles.