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Los Angeles, CA -- (SBWIRE) -- 04/16/2019 -- Car Batteries are batteries that powers the starter motor, mainly in combustion vehicles. Car Batteries are usually lead-acid type, and is made of six galvanic cells connected in series to provide a nominally 12-volt system.
On the basis of type, VRLA Battery is the largest segment with around 74.58% revenue share of the total market in 2017. The next large types are Flooded Battery, accounting for about 23.37% in terms of revenue.
On the basis of geography, the global Car Batteries market is segmented into regions, namely, North America, Europe, China, Japan, India, Southeast Asia and RoW. In 2017, Europe is the largest consumer as well as the steady growing regional market for Car Batteries and held 25.17% share in the global market, followed by North America with the market share of 20.97%. The demand for Car Batteries has been rapid increasing in Asian countries, especially in China and India.
The global Car Batteries market was 19300 million US$ in 2018 and is expected to 28200 million US$ by the end of 2025, growing at a CAGR of 5.6% between 2019 and 2025.
This report studies the Car Batteries market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Car Batteries in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
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