Uploaded on Jan 13, 2021
Global Automotive Battery Market is expected to rise from its initial estimated value of USD 55.87 billion in 2018 to an estimated value of USD 103.18 billion by 2026, registering a CAGR of 7.97% in the forecast period of 2021-2026. Increasing electric vehicle is the major factor for the growth of this market.
Automotive Battery Market ppt
Automotive Battery Market –
Industry Trends and Forecast to
2026
Automotive Battery Market By Battery Type (Lithium- ion,
Lead- Acid, Nickel, Sodium- ion), Vehicle Type (Passenger
Vehicle, Commercial Vehicle, Electric Vehicle), Engine
Type (Internal combustion Engine, Electric Vehicles),
Functions (Electric propulsion, Start, Lighting, Ignition),
Sales Chanel (OEM, Aftermarket)
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Report Description
Global Automotive Battery Market is expected to rise from its
initial estimated value of USD 55.87 billion in 2018 to an estimated
value of USD 103.18 billion by 2026, registering a CAGR of 7.97%
in the forecast period of 2019-2026. Increasing electric vehicle is
the major factor for the growth of this market.
They are usually is a 12-volt battery of six cells and is the heart of
the car's electrical system. Its main aim is to start the engine and
then the power for electrical system is supplied by alternator.
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-automotive-battery-market
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Major Key Players
Some of the major players operating in this market are :
Johnson Controls
GS Yuasa International Ltd.
Exide Technologies.
East Penn Manufacturing Company
Camel Group Co,
Okaya Power Pvt. Ltd.
Luminous India,
Huawei Technologies Co., Ltd.,
Chaowel Power Holdings Limited.
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Market Segmentation
By Battery (Type Lithium- ion, Lead- Acid, Construction type, VRLA battery ,
Flooded ,Product ,SLI , Stationary Motive Nickel Sodium- ion)
By Vehicle (TypePassenger Vehicle , Commercial Vehicle,Electric Vehicle)
By Functions (Electric propulsion , Start , Lighting ,Ignition
By Sales Chanel (OEM , Aftermarket)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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About Data Bridge Market
Research
An absolute way to forecast what future holds is to comprehend the trend
today!
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resilience and integrated approaches. We are determined to unearth the best
market opportunities and foster efficient information for your business to
thrive in the market. Data Bridge endeavors to provide appropriate solutions
to the complex business challenges and initiates an effortless decision-making
process.
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