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City of Industry, CA -- (SBWIRE) -- 06/29/2018 -- This report studies the global Automotive Lead-acid Battery market status and forecast, categorizes the global Automotive Lead-acid Battery market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, China, Japan, South Korea, India and other regions (Southeast Asia, Central & South America, and Middle East & Africa)
The lead-acid battery is a rechargeable battery technology available in the market, which is generally used in numerous applications such as motive, automotive, and stationary applications. These batteries are utilized in automotive applications majorly due to their cranking property, which provides the power within a short span.
The passenger cars segment dominated the global automotive lead acid batteries market in 2017, followed by the LCVs & HCV's. The passenger cars segment is projected to witness highest growth from 2018 to 2023, due to the increasing demand for the batteries in starting, lighting, and ignition.
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Flooded battery was the largest segment of the automotive lead acid batteries market in 2017. It is the most common type of battery, and is used in a wide range of automotive applications. Enhanced flooded batteries is projected to be the fastest-growing segment between 2018 and 2023. This growth can be attributed to long life, and cost and environmental benefits associated with lead acid batteries.
The global Automotive Lead-acid Battery market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at a CAGR of during 2018-2025.
The major manufacturers covered in this report
Trojan Battery Company
East Penn Manufacturing
Middle East Battery
Hitachi Chemical Energy
Northstar Battery Company
Tai Mao Battery
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
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