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Automotive Lead Acid Batteries Market Worth 45.03 Billion USD by 2021


News provided by

MarketsandMarkets

15 Mar, 2017, 15:30 GMT

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PUNE, India, March 15, 2017 /PRNewswire/ --

The report "Automotive Lead Acid Batteries Market by Product (SLI, and Micro Hybrid Batteries), Type (Flooded, Enhanced Flooded, and VRLA), Customer Segment (OEM, Aftermarket), End-User (Passenger Car, LCVs/HCVs, Two Wheeler, Three Wheelers) - Global Forecast to 2021", published by MarketsandMarkets, The global market was valued at USD 34.30 Billion in 2015 and is projected to reach USD 45.03 Billion by 2021, at a CAGR of 4.8% from 2016 to 2021.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 96 market data Tables and 50 Figures spread through 325 Pages and in-depth TOC on "Automotive Lead Acid Batteries Market"

http://www.marketsandmarkets.com/Market-Reports/automotive-lead-acid-batteries-market-33272549.html
Early buyers will receive 10% customization on this report.

Lead acid batteries have been the dominant battery technology in the automotive market, owing to their low cost and high performance and longevity. With the rising investments in the lead acid batteries in Asia-Pacific, particularly China, Japan and India, is projected to drive the growth of the automotive lead acid batteries market in this region.

Ask for PDF of the Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=33272549

Passenger cars is expected to be the fastest-growing end user segment of the global automotive lead acid batteries market

Based on end user, the Automotive Lead Acid Batteries Market has been segmented into passenger cars, HCVs & LCVs, two wheelers, and three wheelers. The passenger cars segment lad the automotive lead acid batteries market in 2015 and is projected to be the fastest-growing segment from 2016 to 2021. The use of passenger cars is expected to increase in countries, such as China, Japan, France, Germany, Brazil, and South Africa. The extensive usage of the products, such as Starting, Lighting and Ignition (SLI) batteries and VRLA batteries has fueled the growth of the market.

Based on type, flooded lead acid battery was the largest segment of the automotive lead acid batteries market 

Based on type, flooded batteries segment was the largest segment of the global automotive lead acid batteries market. These batteries are also called as vented batteries, which require periodic monitoring and topping up with distilled water for longevity to support SLI applications. The demand for enhanced flooded batteries and VRLA batteries is projected to increase in near future, as these batteries offer a cost-effective solution for entry level start-stop vehicles. VRLA batteries are engineered to operate at changing temperatures and can be installed at different orientations, unlike flooded batteries.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=33272549

Asia-Pacific was the largest market for the automotive lead acid batteries market in 2015

Asia-Pacific was the largest automotive lead acid batteries market in 2015. High growth in the automotive sector in the region is expected to boost the demand for automotive lead acid batteries in the region.

Key players operational in the automotive lead acid batteries market include Johnson Controls Inc. (U.S.), G.S.Yuasa Corporation (Japan), Exide Technologies Inc. (U.S.), and EnerSys Inc. (U.S.).

Browse Related Reports: 

Lithium Compounds Market by Application (LI-ION Batteries, Glass & Ceramics, Medical, Lubricants, Metallurgy, Polymers), by Derivatives (Lithium Carbonate, Lithium Hydroxide, Lithium Metal, Butyl-Lithium) & by Region - Global Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/lithium-compounds-market-167191191.html

Industrial Batteries Market by type (Lead-Acid, Nickel-Based, Lithium-Based), end-user industry (Telecom & Data Communication, Uninterruptible Power Supply (UPS)/Backup, Industrial Equipment, Grid-Level Energy Storage), and region - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/industrial-batteries-market-36754108.html

Subscribe Reports from Chemicals & Materials Domain http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.


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MarketsandMarkets
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