Automotive Battery Market 2018 Industry Research Report


Posted September 11, 2018 by abhi0210

“Automotive Battery Market Research Report - Global Forecast to 2023” is latest report published by MarketResearchFuture”.

 
Automotive Battery Market Analysis by battery type (lead acid, nickel metal hydride, lithium ion, others), vehicle type (passenger vehicles, commercial vehicles) and by Regions - Global Forecast To 2023.

The Market is witnessing increased competition and is expected to further intensify during the forecast period. The players in the market incorporate acquisition, collaboration, partnership and expansion in order to gain competitive advantage in this market and to maintain their market position.

Technological advancements in the manufacturing of the automotive batteries and the increasing research and development expenditure by the key players is expected to increase the level of competition in the Automotive Battery Market.

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Batteries are an important component of automotive as they serve different automotive applications in both Conventional and Alternative Powertrains. The automotive battery market is expected to be driven by enhanced demand for electrified, micro-hybrid, and full-hybrid powertrains.

This growth of the automotive battery market can be attributed to the increase in demand for automobiles and stringent emission standards set by numerous government agencies. The growth will be further driven by increasing environmental concerns on emissions from traditional automotive batteries and offering of different advantages with the advanced technologies which are used in present batteries.

The market is expected to present huge opportunities during the forecast period with the growing demand for hybrid and electric vehicles and the increase in investment on research and development for hybrid and electric vehicles. However, the growth of this market is expected to be restrained by the underdeveloped infrastructure support for electric vehicles and also fluctuations in the prices of raw materials.                    

Market Segmentation:

The automotive battery market can be segmented in to two key dynamics for the convenience of the report and enhanced understanding;

Segmentation by battery type - lead acid, nickel metal hydride, lithium ion, others

Segmentation by Vehicle Type - passenger vehicles, commercial vehicles

Segmentation by Regions: North America, Europe, APAC and Rest of the World.

The market for automotive battery systems is expected to grow with an increase in demand for automobiles, majorly in the United States and the European region. There is an immense demand of commercial vehicles in United States. With the increase in demand of commercial vehicles there is an increase in demand for Automotive Battery systems market. The growth of the European region is also driven by the presence of major auto manufacturers, who are mainly focusing on meeting the increasing demand for both passenger and commercial vehicles. Owing to all these factors, the growth of the regions is expected to grow at a rapid pace.

Due to the presence of the most populous countries of the world such as China and India, the dominance of APAC in the global automotive battery systems market value, is evident. Aggressive growth in the Asian automotive market, is expected to boost the demand in the automotive battery market in this region. Additionally, the booming electric two wheeler in the Asia Pacific region, has immense potential for the market for automotive battery, during the forecast period. This is expected to give the manufacturers, additional opportunities to develop additional revenue streams. The market has been experiencing rapid growth in the last two years, owing to the rising sales of passenger cars, emerging economies, shifting of global players and technological advancements. These factors give a much needed thrust to the automotive battery systems market.

Table of Contents:

1 Introduction

1.1 Definition

1.2 Scope Of Study

1.3 Research Objective

1.4 Assumptions & Limitations

1.5 Market Structure:

2 Research Propulsionology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

3 Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

3.5 Macroeconomic Indicators

4 Market Factor Analysis

4.1 Porter's Five Forces Model

Continued...

List of Figures:

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter's Five Forces Analysis

FIGURE 7 Value Chain Analysis

Continued...

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Issued By Abhi
Business Address Pune
Country India
Categories Automotive , Business , Industry
Tags automotive battery market
Last Updated September 11, 2018