Anz Automotive Battery Market to Witness Surge in Demand Owing to Rising End-use Adoption


Posted November 23, 2021 by Ajaykumar_PMR

Anz Automotive Battery Market to Witness Surge in Demand Owing to Rising End-use Adoption

 
The ANZ automotive battery market will expand at a CAGR of 7 % over the forecast period of 2020 to 2030, and reach a valuation of US$ 1.5 Bn by the end of 2030.

An automotive battery is type of rechargeable battery that is utilized for the starting, lighting, and ignition of a vehicle, and for handling all the electric parts of the vehicle. Automotive batteries are installed in both, IC engine-propelled vehicles as well as electric & hybrid vehicles. Electrification of vehicle components and increasing preference toward electrical vehicles factors are expected to boost the demand for automotive batteries over the forecast period.

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FACTS AT A GLANCE

Companies: GS Yuasa Corporation,Exide Technologies,East Penn Manufacturing Company,Clarios Delkor Corporation,ENERSYS,Panasonic Corp,Supercharge Batteries,Hankook AtlasBX Co. Ltd.,FIAMM Energy Technology S.p.A.,Marshall Batteries

Coverage: All major geographies and key segments

Segments: Anz Automotive Battery Market is segmented by Battery Type that is Lead Acid, Lithium-ion, NiMH and by vehicle type that is IC Engines, Electric & Hybrid Vehicles

Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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anz automotive battery market

ABSTRACT-

Persistence Market Research (PMR) recently published a study report on the ANZ automotive battery market. The report provides detailed valuation on key market dynamics, such as the drivers, trends, opportunities, and restraints, along with detailed information about the ANZ automotive battery market structure.
This market report presents exclusive facts and figures about how the ANZ automotive battery market is expected to grow over the forecast period of 2020-2030.

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Key indicators of market growth, such as value chain analysis and supply chain, compounded annual growth rate (CAGR), and year-on-year (Y-o-Y) growth of the market are explained in PMR’s report in a comprehensive manner. This information helps readers understand the quantitative development projections of the ANZ automotive battery market over the forecast period.

The study is relevant for stakeholders in the ANZ automotive battery market, such as manufacturers, distributors, suppliers, and investors, as it can help develop effective strategies for growth. Stakeholders, investors, industry experts, researchers, and journalists, as well as business researchers in the ANZ automotive Battery market can leverage the information and statistics presented in PMR’s market report.

The report includes facts & figures related to the macro- as well as micro-economic factors that are impacting the growth of the ANZ automotive battery market. The study also offers actionable insights based on the trends in the ANZ automotive battery market.

Furthermore, regional players and new entrants in the ANZ automotive battery market can also use the information presented in this report to make winning business decisions and gain momentum in the market.

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Last Updated November 23, 2021