According to Goldstein Research, global automotive lead acid battery market is expected to reach USD 33.5 billion by 2024, growing at a CAGR of 4.5% over the forecast period 2016-2024. The demand for eco-friendly and fuel efficient vehicles along with the growth of automotive industry together is driving the growth of the market.

Global automotive lead acid battery market segmentation has been done on the basis of product type, vehicle type, distribution channel and geography. Passenger cars accounted for largest share of 42% in 2016, and over the forecast period it is expected to continue its dominance. Global automotive lead acid battery market is largely dominated by Asia-Pacific region with a revenue share of about 35.0%. Africa and South East Asian countries are anticipated to be the most opportunistic regions.
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Market Segmentation
On the basis of our in-depth analysis, Global Automotive Lead Acid BatteryMarket can be segmented as follows:
Automotive Lead Acid Battery Market By Product Type
• Flooded Batteries
• Enhanced Flooded Batteries
• VRLA Batteries
Automotive Lead Acid Battery Market By Vehicle Type
• Passenger Cars
• LCVs/HCVs
• Two Wheelers
• Three Wheelers
Automotive Lead Acid Battery Market By Distribution Channel
• OEMs (Original Equipment Manufacturers)
• Aftermarket
Automotive Lead Acid Battery Market By Region
• North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
• Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
“Global Automotive Lead Acid Battery Market Outlook 2024”contains detailed overview of the global automotive lead acid battery market.On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, vehicle type and distribution channel.
Further, for the in-depth analysis, Global Automotive Lead Acid Battery Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asExide Technologies, Johnson Controls International plc., Panasonic, Robert Bosch, Haldex Incorporated, ZF TRW Automotive Holdings Corporation, Hitachi Ltd., EnerSys, Furukawa Electric Co. Ltd., Leoch International Tech, GS Yuasa Corporation, Crown Battery Manufacturing Company,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Objective of Report:
• To analyze and forecast market size automotive lead acid battery market
• To calculate the expected growth rate of automotive lead acid battery market
• To classify and forecast automotive lead acid battery market based on product type, end user, and region.
• To identify market Key Players, driving factors, & trends of automotive lead acid battery market with the help of SWOT Analysis.
• To identify and analyze the profiles of leading players involved in the manufacturing and supplying of automotive lead acid battery market.
• To identify market opportunities for the existing and entry level players.
Overall, the report represents the global automotive lead acid battery market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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