The ‘global automotive lead-acid battery market size, share, growth, price, report and forecast 2024-2032’ by Expert Market Research gives an extensive outlook of the global automotive lead-acid battery market, assessing the market on the basis of its segments like vehicle types, products, types, customer segments, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.

Automotive Lead-Acid Battery Market Size, Share, Price, Growth, Trends, Industry Report, Key Players, Major Segments and Forecast

The key highlights of the report include:

Market Overview (2018-2032)

  • Forecast CAGR (2024-2032): 3.90%

Lead-acid batteries are extensively used in vehicles due to their low cost, their ability to function in extreme environmental conditions, and their high power-to-weight ratio, among others. Their convenience and excellent current capacity make them ideal for use in internal combustion engines (ICEs).

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/automotive-lead-acid-battery-market/requestsample

Lead-acid batteries disconnect main battery packs from critical systems by facilitating the isolation of high voltage, hence enhancing the overall safety of vehicles.

Some of the key automotive lead-acid battery trends include the growing vehicle ownership and manufacturing and the increasing middle-class population. Moreover, the increasing demand for vehicles with advanced features, including navigation and infotainment systems and lights, among others, is bolstering the usage of lead-acid batteries.

Automotive Lead-Acid Battery Industry Definition and Major Segments

Lead-acid batteries refer to rechargeable batteries that use sulphuric acid and lead to function, which is submerged into sulphuric acid for enabling a controlled chemical reaction. They are cost-effective, durable, and reliable, and are widely used to ensure the functionality of electric components in vehicles.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/automotive-lead-acid-battery-market

The market, on the basis of vehicle type, is categorised into:

  • Passenger Cars
  • Commercial Vehicles
  • Two-Wheelers
  • HEV Car

Based on product, the market is divided into:

  • SLI Batteries
  • Micro Hybrid Batteries

The various types of automotive lead-acid battery are:

  • Flooded Batteries
  • Enhanced Flooded Batteries
  • VRLA Batteries

By customer segment, the market is bifurcated into:

  • OEM
  • Replacement

The major regional markets of automotive lead-acid battery include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Automotive Lead-Acid Battery Market Trends

The automotive lead-acid battery market is being fuelled by the development of high-performance lead-acid batteries and technological advancements and innovations.

Key players are developing lead-acid batteries with reduced weight, high recyclability, and improved performance. Moreover, the development of innovative carbon solutions for facilitating the customisation of lead-acid batteries for vehicles is propelling the market growth.

The introduction of favourable government initiatives aimed at lowering urban transportation pollution and improving air quality levels is driving sales of electric vehicles. Governments globally are also subsiding EVs, which is boosting the usage of lead-acid batteries due to their reality and low costs.

Key Market Players

The major players in the automotive lead-acid battery market report are Exide Technologies Inc., GS Yuasa International Ltd, Panasonic Corporation, and Leoch International Technology Limited Inc, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Explore More Reports:

Green Ammonia Market: https://www.expertmarketresearch.com/reports/green-ammonia-market

United States Portable Air Purifier Market: https://www.expertmarketresearch.com/reports/united-states-portable-air-purifier-market

India Flame Proof Lighting Market: https://www.expertmarketresearch.com/reports/india-flame-proof-lighting-market

About Us:

Expert Market Research (EMR) is a leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Ian Bell, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com