Automotive Lead Acid Battery Market Size, Share, and Forecast by 2028
Automotive Lead Acid Battery Market: Strategic Insights
Automotive Lead Acid Battery Market
-
CAGR (2023 - 2031)5.4% -
Market Size 2023
US$ 26.50 Billion -
Market Size 2031
US$ 40.49 Billion
Market Dynamics
GROWTH DRIVERS
- Easily recyclable compared to lithium-ion batteries
- The growing automotive industry
FUTURE TRENDS
- Technological developments to improve durability
OPPORTUNITIES
- Increasing Passenger Car and Light Commercial Vehicle Sales
Key Players
- Clarios
- CSB Energy Technology Co Ltd
- EnerSys
- East Penn Manufacturing Company
- Exide Industries Limited
- GS Yuasa International Ltd
- Johnson Controls Inc
- leoch International Technology Limited Inc
- Panasonic Corporation
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Product
- SLI and Micro Hybrid Batteries
Type
- Flooded
- Enhanced Flooded
- VRLA
End-user
- Passenger Car
- LCV
- MCV and HCV