Automotive Lead Acid Battery Market
Automotive Lead Acid Battery Market Study by Flooded, Enhanced Flooded, and Absorbent Glass Mat (AGM) Types for Passenger Cars and Commercial Vehicles from 2023 to 2033
Analysis of Automotive Lead Acid Battery Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Automotive Lead Acid Battery Market Outlook (2023 to 2033)
The value of the global automotive lead acid battery market reached US$ 26.93 billion in 2022, according to the latest market study by Fact. MR. Over the projection period (2023 to 2033), worldwide sales of lead acid batteries are predicted to rise at 5.1% CAGR to amount to US$ 46.54 billion by 2033-end.
Lead acid batteries consist of lead and lead oxide plates immersed in a sulfuric acid solution, forming an essential component of these batteries. When the battery discharges, it transforms reactive energy into electrical power. These batteries find extensive applications in automobiles for ignition, lighting, and starting (SLI). They supply electricity to devices such as charging plugs, radios, music players, and air conditioners within vehicles. There is a diverse range of lead acid battery types employed in the automotive industry.
The automotive lead acid battery market is expected to grow in the coming years as a result of technological advancements leading to enhanced and maintenance-free batteries, higher vehicle production, and electronic applications.
The market benefits from the increased popularity of electric vehicles and the stricter regulatory rules regarding fuel pollution. One of the key factors driving market growth is the ease with which lead acid batteries can be recycled as compared to lithium-ion batteries.
Flooded lead acid batteries include free electrolytes that can move within the battery casing. When the battery is charged, the acid and lead electrodes react electrically. In terms of value, flooded lead acid batteries are less expensive than VRLA batteries and are ideal for traction, starter, lights, and ignition (SLI).
- On July 13, 2022, Panasonic Corporation, a global leader in lithium-ion battery manufacturing, partnered with Kansas for economic development to accelerate the expansion of the electric vehicle (EV) industry in the United States.
- General Motors Company reached a significant milestone in its research and development of the next-generation Ultium chemistry on March 13, 2021. This accomplishment opened doors for a strategic joint development agreement with Solid Energy Systems, with the shared objective of accelerating the transition to an electric future.
Report Attributes | Details |
---|---|
Automotive Lead Acid Battery Market Size (2022) | US$ 26.93 Billion |
Estimated Market Value (2023) | US$ 28.30 Billion |
Forecasted Market Value (2033) | US$ 46.54 Billion |
Global Market Growth Rate (2023 to 2033) | 5.1% CAGR |
China Market Value (2033) | US$ 10.14 Billion |
China Market Growth Rate (2023 to 2033) | 5.7% CAGR |
South Korea Market Value (2033) | US$ 1.48 Billion |
South Korea Market Growth Rate (2023 to 2033) | 3% CAGR |
Key Companies Profiled | EnerSys Inc.; Johnson Controls Inc.; GS Yuasa Corporation; Panasonic Corporation; Exide Industries Ltd.; General Motors Company; CBS Energy Technology Co. Ltd.; East Penn Manufacturing Company |
Don't Need a Global Report?
save 40%! on Country & Region specific reports
What are the Factors Influencing the Demand Growth for Automotive Lead Acid Batteries?
"Higher Rate of Regeneration of Lead Acid Batteries Leading to Their Increased Adoption"
Adoption of electric vehicles is increasing worldwide. Lead acid batteries are suitable for a broad spectrum of consumer and industrial uses due to their dependability and cost. Lithium-ion batteries generally have a higher rate of handling and regeneration compared to lead acid batteries.
Governments all over the world have adopted and put into effect favorable laws that encourage the use of electric lead acid batteries in EVs to reduce the consumption of crude oil, automotive emissions, and air pollution.
- For instance, Mahindra & Mahindra declared, in 2021, its intention to spend US$ 402 million on electric vehicles over the following three years, to have 500,000 of them on Indian roads by 2025.
Such developments have boosted the utilization of automotive electric lead acid batteries in electric vehicles.
“Substantial Demand for Lead Acid Batteries Due to Their Durability against Corrosion & Abrasion”
Lead acid batteries power a variety of car accessories, including ACs, music systems, wipers, radios, and charging ports. This is one of the main driving forces behind the market’s expansion, coupled with the increasing sales of passenger vehicles due to the growing global population, rapid urbanization, and rising income levels. Demand for electric automobiles and e-bikes is being fueled by people's growing awareness of the negative effects of carbon emissions.
As a result of their high power delivery, durability against corrosion and abrasion, and reduced internal impedance, lead acid batteries are being used extensively. Lead acid batteries have become an environmentally friendly energy storage technology due to the advancements in utilizing recycled components in their production.
To produce sophisticated and high-performance batteries, companies have been engaging in research and development (R&D) activities and collaborating or partnering with leading companies. This is expected to have a favorable impact on lead acid battery sales in the coming years.
What are the Challenges Faced by Manufacturers of Automotive Lead Acid Batteries?
“Lower Energy Density, Weight, and Size of Lead Acid Batteries"
Lead acid batteries have lower energy density compared to other battery technologies such as lithium-ion. This limits their ability to store and deliver large amounts of energy, making them less suitable for applications that require high power and longer range, such as electric vehicle (EV) batteries.
Lead-acid batteries are relatively bulky and heavy compared to other battery technologies. This makes them less suitable for applications where weight and size constraints are critical, such as electric vehicles seeking to maximize range and efficiency.
"Longer Charging Time and Limited Temperature Range"
Lead acid batteries typically require longer charging times compared to some other battery chemicals. This can be a limitation in applications where fast charging is essential, such as electric vehicles or high-demand industrial equipment.
Lead acid batteries perform best within a limited temperature range. Extreme temperatures, both hot and cold, can significantly impact their performance and lifespan. This makes them less suitable for applications in extreme climates or temperature-sensitive environments.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Country-wise Insights
What Makes the United States a Lucrative Market for Manufacturers of Lead Acid Batteries?
“Favorable Regulatory Policies and Excellent Renewable Energy Infrastructure"
Demand for automotive lead acid batteries in the United States is anticipated to reach a valuation of US$ 9.91 billion by 2033, increasing at a steady CAGR of 4.8%.
Due to its strong industrial infrastructure, swift implementation of battery-based storage of energy projects, and growth in the infrastructure for renewable energy sources, the United States is a major hotspot for industrial batteries. The battery industry is projected to be driven in the coming years by beneficial policies governing the installation of renewable energy and residential distributed power systems in the United States.
During the projected period, the expanding military spending is anticipated to support the army's increasing reliance on battery-operated communications and other electronic equipment, which will in turn increase demand for lead acid batteries.
Market players in the United States are projected to benefit significantly from advancements in lead acid battery technology to boost storage density, lengthen useful service life, and enhance cold-weather performance at an affordable price than modern battery technologies.
How is Demand for Lead Acid Batteries Shaping Up in India?
“Increased Production of Passenger and Commercial Cars to Support Economic Expansion”
The market in India is anticipated to be driven by rising demand for lead acid batteries from the telecommunication sector and data centers as well as rising application levels in sectors such as railroads. The expansion of the industry, however, is projected to be disrupted by alternative technologies, particularly lithium-ion, principally because of their declining costs and technical benefits.
India is a major market in South Asia for automobile lead acid batteries. Growth in the manufacturing of passenger and commercial cars is expected to keep supporting economic expansion in India.
Lead acid battery technology is advancing due to rising demand for 12-volt lead acid batteries and new regulations governing carbon dioxide emissions.
What is the Demand Projection for Lead Acid Batteries in Germany?
“Emphasis of Manufacturers on Advancements to Create Efficient Batteries”
The market in Germany is projected to reach US$ 4.74 billion by 2033, expanding at a noteworthy CAGR of 6.6%.
Lead acid batteries are becoming more and more necessary as auto production rises. Key manufacturers in the country are working on new products to create superior batteries to meet the rising demand for efficient power sources.
- For instance, more than 2 million electric vehicles are predicted to be deployed in Germany in the coming years. Since consumers are switching to more affordable and environmentally friendly vehicles, demand for such batteries would expand along with the demand for such vehicles.
Category-wise Insights
Which Vehicle Type Accounts for High Deployment of Automotive Lead Acid Batteries?
"Need for Dependable Power Sources for Passenger Cars”
Use of lead acid batteries in passenger cars is anticipated to rise at a steady CAGR of 5.2% during the forecast period.
Over the coming years, the automotive lead acid battery market is expected to be dominated by passenger cars. Due to their high demand, the increasing number of vehicles on the road, and the requirement for dependable power sources in vehicles, passenger cars make up the majority of the lead acid battery industry.
The market is anticipated to expand in the coming years due to the rising demand for backup power supplies in automobiles as well as the popularity of electric vehicles.
Why is Production of Electric Lead Acid Batteries Gaining Traction?
"Environmental Concerns and Limited Oil Resources Making Electric Lead Acid Batteries a Good Alternative"
Demand for electric lead acid batteries is expected to advance at a steady CAGR of 5.6% during the forecast period.
In response to mounting environmental concerns and depleting oil reserves, automotive manufacturers have been actively pursuing the development of alternative fuel vehicles. Electric lead acid batteries are a cleaner and more environmentally friendly alternative to traditional internal combustion engines. They produce zero emissions during operation, helping to reduce air pollution and combat climate change.
The automotive industry has experienced a surge in electric car and bike production, fueled by the growing trend toward electric vehicle usage. The cost-effectiveness of electric vehicles, coupled with their extensive application in commercial sectors, has led to their increasing utilization across the globe. Electric lead acid batteries are generally more cost-effective to operate compared to vehicles powered by internal combustion engines. They have lower maintenance requirements, as they have fewer moving parts and do not require oil changes or regular tune-ups.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Leading players in the automotive lead acid battery industry offer a wide range of products for various applications, including automotive vehicles. A majority of companies have a strong global presence and a robust distribution network, enabling them to cater to the demands of the automotive sector effectively.
- In January 2021, EnerSys and TravelCenters of America (TA) formed a partnership to provide Group 31 designated lead acid batteries, namely Odyssey Performance and NorthStar PRO, tailored specifically for heavy-duty applications.
- In December 2021, GS Yuasa Corporation announced its plans to enter the motorcycle lead acid battery market.
Key Segments of Automotive Lead Acid Battery Industry Research
-
By Battery Type :
- Flooded
- Enhanced Flooded
- Absorbent Glass Mat (AGM)
-
By Technology :
- Internal Combustion Engine (ICE)
- Hybrid
- Electric
-
By Vehicle Type :
- Passenger Cars
- Commercial Vehicles
-
By Sales Channel :
- OEMs
- Aftermarket
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Market Background
- 4. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 5. Global Market Demand (US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2031
- 6. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2031, by Battery Type
- 6.1. Flooded
- 6.2. Enhanced Flooded
- 6.3. AGM
- 7. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2031, by Technology
- 7.1. ICE
- 7.2. Hybrid
- 7.3. Electric
- 8. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2031, by Vehicle Type
- 8.1. Passenger Car
- 8.2. LCV
- 9. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2031, by Sales Channel
- 9.1. Original Equipment Manufacturer (OEM)
- 9.2. Aftermarket
- 10. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2031, by Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. Asia Pacific
- 10.5. Middle East & Africa (MEA)
- 11. North America Market Analysis 2018 to 2022 and Forecast, 2023 to 2031
- 12. Latin America Market Analysis 2018 to 2022 and Forecast, 2023 to 2031
- 13. Europe Market Analysis 2018 to 2022 and Forecast, 2023 to 2031
- 14. Asia Pacific Market Analysis 2018 to 2022 and Forecast, 2023 to 2031
- 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast, 2023 to 2031
- 16. Competitive Landscape
- 16.1. EnerSys Inc.
- 16.2. Johnson Controls Inc.
- 16.3. GS Yuasa Corporation
- 16.4. Panasonic Corporation
- 16.5. Leoch International Technology Limited
- 16.6. Exide Industries Ltd.
- 16.7. East Penn Manufacturing Company
- 16.8. Exide Technologies Inc.
- 16.9. CSB Battery Company Limited
- 16.10. FIAMM S.p.A.
- 17. Assumption & Acronyms Used
- 18. Research Methodology
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 1: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Battery Type, 2018 to 2022
Table 2: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Battery Type, 2023 to 2033
Table 3: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Technology, 2018 to 2022
Table 4: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Technology, 2023 to 2033
Table 5: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Vehicle Type, 2018 to 2022
Table 6: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Vehicle Type, 2023 to 2033
Table 7: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Sales Channel, 2018 to 2022
Table 8: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Sales Channel, 2023 to 2033
Table 9: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Region, 2018 to 2022
Table 10: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Region, 2023 to 2033
Table 11: Global Market Volume Y-o-Y Growth , 2018 to 2022
Table 12: Global Market Volume Y-o-Y Growth , 2023 to 2033
Table 13: Global Market Value Y-o-Y Growth , 2018 to 2022
Table 14: Global Market Value Y-o-Y Growth , 2023 to 2033
Table 15: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2018 to 2022
Table 16: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2023 to 2033
Table 17: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Battery Type, 2018 to 2022
Table 18: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Battery Type, 2023 to 2033
Table 19: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Technology, 2018 to 2022
Table 20: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Technology, 2023 to 2033
Table 21: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Vehicle Type, 2018 to 2022
Table 22: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Vehicle Type, 2023 to 2033
Table 23: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Sales Channel, 2018 to 2022
Table 24: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Sales Channel, 2023 to 2033
Table 25: North America Market Volume Y-o-Y Growth , 2018 to 2022
Table 26: North America Market Volume Y-o-Y Growth , 2023 to 2033
Table 27: North America Market Value Y-o-Y Growth , 2018 to 2022
Table 28: North America Market Value Y-o-Y Growth , 2023 to 2033
Table 29: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2018 to 2022
Table 30: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2023 to 2033
Table 31: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Battery Type, 2018 to 2022
Table 32: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Battery Type, 2023 to 2033
Table 33: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Technology, 2018 to 2022
Table 34: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Technology, 2023 to 2033
Table 35: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Vehicle Type, 2018 to 2022
Table 36: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Vehicle Type, 2023 to 2033
Table 37: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Sales Channel, 2018 to 2022
Table 38: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Sales Channel, 2023 to 2033
Table 39: Latin America Market Volume Y-o-Y Growth , 2018 to 2022
Table 40: Latin America Market Volume Y-o-Y Growth , 2023 to 2033
Table 41: Latin America Market Value Y-o-Y Growth , 2018 to 2022
Table 42: Latin America Market Value Y-o-Y Growth , 2023 to 2033
Table 43: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2018 to 2022
Table 44: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2023 to 2033
Table 45: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Battery Type, 2018 to 2022
Table 46: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Battery Type, 2023 to 2033
Table 47: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Technology, 2018 to 2022
Table 48: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Technology, 2023 to 2033
Table 49: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Vehicle Type, 2018 to 2022
Table 50: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Vehicle Type, 2023 to 2033
Table 51: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Sales Channel, 2018 to 2022
Table 52: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Sales Channel, 2023 to 2033
Table 53: Europe Market Volume Y-o-Y Growth , 2018 to 2022
Table 54: Europe Market Volume Y-o-Y Growth , 2023 to 2033
Table 55: Europe Market Value Y-o-Y Growth , 2018 to 2022
Table 56: Europe Market Value Y-o-Y Growth , 2023 to 2033
Table 57: Asia-Pacific Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2018 to 2022
Table 58: Asia-Pacific Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2023 to 2033
Table 59: Asia-Pacific Market Value (US$ Mn) and Volume (Units) Analysis, by Battery Type, 2018 to 2022
Table 60: Asia-Pacific Market Value (US$ Mn) and Volume (Units) Analysis, by Battery Type, 2023 to 2033
Table 61: Asia-Pacific Market Value (US$ Mn) and Volume (Units) Analysis, by Technology, 2018 to 2022
Table 62: Asia-Pacific Market Value (US$ Mn) and Volume (Units) Analysis, by Technology, 2023 to 2033
Table 63: Asia-Pacific Market Value (US$ Mn) and Volume (Units) Analysis, by Vehicle Type, 2018 to 2022
Table 64: Asia-Pacific Market Value (US$ Mn) and Volume (Units) Analysis, by Vehicle Type, 2023 to 2033
Table 65: Asia-Pacific Market Value (US$ Mn) and Volume (Units) Analysis, by Sales Channel, 2018 to 2022
Table 66: Asia-Pacific Market Value (US$ Mn) and Volume (Units) Analysis, by Sales Channel, 2023 to 2033
Table 67: Asia-Pacific Market Volume Y-o-Y Growth , 2018 to 2022
Table 68: Asia-Pacific Market Volume Y-o-Y Growth , 2023 to 2033
Table 69: Asia-Pacific Market Value Y-o-Y Growth , 2018 to 2022
Table 70: Asia-Pacific Market Value Y-o-Y Growth , 2023 to 2033
Table 71: Middle East & Africa Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2018 to 2022
Table 72: Middle East & Africa Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2023 to 2033
Table 73: Middle East & Africa Market Value (US$ Mn) and Volume (Units) Analysis, by Battery Type, 2018 to 2022
Table 74: Middle East & Africa Market Value (US$ Mn) and Volume (Units) Analysis, by Battery Type, 2023 to 2033
Table 75: Middle East & Africa Market Value (US$ Mn) and Volume (Units) Analysis, by Technology, 2018 to 2022
Table 76: Middle East & Africa Market Value (US$ Mn) and Volume (Units) Analysis, by Technology, 2023 to 2033
Table 77: Middle East & Africa Market Value (US$ Mn) and Volume (Units) Analysis, by Vehicle Type, 2018 to 2022
Table 78: Middle East & Africa Market Value (US$ Mn) and Volume (Units) Analysis, by Vehicle Type, 2023 to 2033
Table 79: Middle East & Africa Market Value (US$ Mn) and Volume (Units) Analysis, by Sales Channel, 2018 to 2022
Table 80: Middle East & Africa Market Value (US$ Mn) and Volume (Units) Analysis, by Sales Channel, 2023 to 2033
Table 81: Middle East & Africa Market Volume Y-o-Y Growth , 2018 to 2022
Table 82: Middle East & Africa Market Volume Y-o-Y Growth , 2023 to 2033
Table 83: Middle East & Africa Market Value Y-o-Y Growth , 2018 to 2022
Table 84: Middle East & Africa Market Value Y-o-Y Growth , 2023 to 2033
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 1: Global Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2018 to 2022
Figure 2: Global Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2023 to 2033
Figure 3: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 4: Global Market Incremental $ Opportunity, 2023 to 2033
Figure 5: Global Market Share and BPS Analysis by Battery Type, 2023 & 2033
Figure 6: Global Market Y-o-Y Growth Projections by Battery Type, 2023 to 2033
Figure 7: Global Market Attractiveness Analysis by Battery Type, 2023 to 2033
Figure 8: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Flooded, 2018 to 2033
Figure 9: Global Market Incremental $ Opportunity by Flooded, 2023 to 2033
Figure 10: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Enhanced Flooded, 2018 to 2033
Figure 11: Global Market Incremental $ Opportunity by Enhanced Flooded, 2023 to 2033
Figure 12: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Absorbent Glass Mat, 2018 to 2033
Figure 13: Global Market Incremental $ Opportunity by Absorbent Glass Mat, 2023 to 2033
Figure 14: Global Market Share and BPS Analysis by Technology, 2023 & 2033
Figure 15: Global Market Y-o-Y Growth Projections by Technology, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 17: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Internal Combustion Engine, 2018 to 2033
Figure 18: Global Market Incremental $ Opportunity by Internal Combustion Engine, 2023 to 2033
Figure 19: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Hybrid, 2018 to 2033
Figure 20: Global Market Incremental $ Opportunity by Hybrid, 2023 to 2033
Figure 21: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Electric, 2018 to 2033
Figure 22: Global Market Incremental $ Opportunity by Electric, 2023 to 2033
Figure 23: Global Market Share and BPS Analysis by Vehicle Type, 2023 & 2033
Figure 24: Global Market Y-o-Y Growth Projections by Vehicle Type, 2023 to 2033
Figure 25: Global Market Attractiveness Analysis by Vehicle Type, 2023 to 2033
Figure 26: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Passenger Cars, 2018 to 2033
Figure 27: Global Market Incremental $ Opportunity by Passenger Cars, 2023 to 2033
Figure 28: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Light Commercial Vehicles, 2018 to 2033
Figure 29: Global Market Incremental $ Opportunity by Light Commercial Vehicles, 2023 to 2033
Figure 30: Global Market Share and BPS Analysis by Sales Channel, 2023 & 2033
Figure 31: Global Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 32: Global Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 33: Global Market Value (US$ Mn), Volume (Unit) and Forecast by OEM, 2018 to 2033
Figure 34: Global Market Incremental $ Opportunity by OEM, 2023 to 2033
Figure 35: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Aftermarket, 2018 to 2033
Figure 36: Global Market Incremental $ Opportunity by Aftermarket, 2023 to 2033
Figure 37: Global Market Share and BPS Analysis by Region, 2023 & 2033
Figure 38: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 39: Global Market Attractiveness Index by Region, 2023 to 2033
Figure 40: North America Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2018 to 2022
Figure 41: North America Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2023 to 2033
Figure 42: North America Market Share Analysis by Country, 2023 & 2033
Figure 43: North America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 44: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 45: North America Market Share Analysis by Battery Type, 2023 & 2033
Figure 46: North America Market Y-o-Y Growth Projection by Battery Type, 2023 to 2033
Figure 47: North America Market Attractiveness Analysis by Battery Type, 2023 to 2033
Figure 48: North America Market Share Analysis by Technology, 2023 & 2033
Figure 49: North America Market Y-o-Y Growth Projection by Technology, 2023 to 2033
Figure 50: North America Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 51: North America Market Share Analysis by Vehicle Type, 2023 & 2033
Figure 52: North America Market Y-o-Y Growth Projection by Vehicle Type, 2023 to 2033
Figure 53: North America Market Attractiveness Analysis by Vehicle Type, 2023 to 2033
Figure 54: North America Market Share Analysis by Sales Channel, 2023 & 2033
Figure 55: North America Market Y-o-Y Growth Projection by Sales Channel, 2023 to 2033
Figure 56: North America Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 57: Latin America Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2018 to 2022
Figure 58: Latin America Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2023 to 2033
Figure 59: Latin America Market Share Analysis by Country, 2023 & 2033
Figure 60: Latin America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 61: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 62: Latin America Market Share Analysis by Battery Type, 2023 & 2033
Figure 63: Latin America Market Y-o-Y Growth Projection by Battery Type, 2023 to 2033
Figure 64: Latin America Market Attractiveness Analysis by Battery Type, 2023 to 2033
Figure 65: Latin America Market Share Analysis by Technology, 2023 & 2033
Figure 66: Latin America Market Y-o-Y Growth Projection by Technology, 2023 to 2033
Figure 67: Latin America Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 68: Latin America Market Share Analysis by Vehicle Type, 2023 & 2033
Figure 69: Latin America Market Y-o-Y Growth Projection by Vehicle Type, 2023 to 2033
Figure 70: Latin America Market Attractiveness Analysis by Vehicle Type, 2023 to 2033
Figure 71: Latin America Market Share Analysis by Sales Channel, 2023 & 2033
Figure 72: Latin America Market Y-o-Y Growth Projection by Sales Channel, 2023 to 2033
Figure 73: Latin America Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 74: Europe Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2018 to 2022
Figure 75: Europe Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2023 to 2033
Figure 76: Europe Market Share Analysis by Country, 2023 & 2033
Figure 77: Europe Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 78: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 79: Europe Market Share Analysis by Battery Type, 2023 & 2033
Figure 80: Europe Market Y-o-Y Growth Projection by Battery Type, 2023 to 2033
Figure 81: Europe Market Attractiveness Analysis by Battery Type, 2023 to 2033
Figure 82: Europe Market Share Analysis by Technology, 2023 & 2033
Figure 83: Europe Market Y-o-Y Growth Projection by Technology, 2023 to 2033
Figure 84: Europe Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 85: Europe Market Share Analysis by Vehicle Type, 2023 & 2033
Figure 86: Europe Market Y-o-Y Growth Projection by Vehicle Type, 2023 to 2033
Figure 87: Europe Market Attractiveness Analysis by Vehicle Type, 2023 to 2033
Figure 88: Europe Market Share Analysis by Sales Channel, 2023 & 2033
Figure 89: Europe Market Y-o-Y Growth Projection by Sales Channel, 2023 to 2033
Figure 90: Europe Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 91: Asia-Pacific Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2018 to 2022
Figure 92: Asia-Pacific Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2023 to 2033
Figure 93: Asia-Pacific Market Share Analysis by Country, 2023 & 2033
Figure 94: Asia-Pacific Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 95: Asia-Pacific Market Attractiveness Analysis by Country, 2023 to 2033
Figure 96: Asia-Pacific Market Share Analysis by Battery Type, 2023 & 2033
Figure 97: Asia-Pacific Market Y-o-Y Growth Projection by Battery Type, 2023 to 2033
Figure 98: Asia-Pacific Market Attractiveness Analysis by Battery Type, 2023 to 2033
Figure 99: Asia-Pacific Market Share Analysis by Technology, 2023 & 2033
Figure 100: Asia-Pacific Market Y-o-Y Growth Projection by Technology, 2023 to 2033
Figure 101: Asia-Pacific Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 102: Asia-Pacific Market Share Analysis by Vehicle Type, 2023 & 2033
Figure 103: Asia-Pacific Market Y-o-Y Growth Projection by Vehicle Type, 2023 to 2033
Figure 104: Asia-Pacific Market Attractiveness Analysis by Vehicle Type, 2023 to 2033
Figure 105: Asia-Pacific Market Share Analysis by Sales Channel, 2023 & 2033
Figure 106: Asia-Pacific Market Y-o-Y Growth Projection by Sales Channel, 2023 to 2033
Figure 107: Asia-Pacific Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Figure 108: Middle East & Africa Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2018 to 2022
Figure 109: Middle East & Africa Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2023 to 2033
Figure 110: Middle East & Africa Market Share Analysis by Country, 2023 & 2033
Figure 111: Middle East & Africa Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 112: Middle East & Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 113: Middle East & Africa Market Share Analysis by Battery Type, 2023 & 2033
Figure 114: Middle East & Africa Market Y-o-Y Growth Projection by Battery Type, 2023 to 2033
Figure 115: Middle East & Africa Market Attractiveness Analysis by Battery Type, 2023 to 2033
Figure 116: Middle East & Africa Market Share Analysis by Technology, 2023 & 2033
Figure 117: Middle East & Africa Market Y-o-Y Growth Projection by Technology, 2023 to 2033
Figure 118: Middle East & Africa Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 119: Middle East & Africa Market Share Analysis by Vehicle Type, 2023 & 2033
Figure 120: Middle East & Africa Market Y-o-Y Growth Projection by Vehicle Type, 2023 to 2033
Figure 121: Middle East & Africa Market Attractiveness Analysis by Vehicle Type, 2023 to 2033
Figure 122: Middle East & Africa Market Share Analysis by Sales Channel, 2023 & 2033
Figure 123: Middle East & Africa Market Y-o-Y Growth Projection by Sales Channel, 2023 to 2033
Figure 124: Middle East & Africa Market Attractiveness Analysis by Sales Channel, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the current size of the automotive lead acid battery market?
The global automotive lead acid battery market size is estimated at US$ 28.30 billion in 2023.
At what rate is the global market expected to grow from 2023 to 2033?
The market is forecasted to expand at a CAGR of 5.1% during the forecast period.
What is the expected sales value of automotive lead acid batteries for 2033?
Worldwide sales of automotive lead acid batteries are set to reach US$ 46.54 billion by 2033.
What is the demand outlook for lead acid batteries in the United States?
Demand for lead acid batteries in the U.S. is projected to rise at 4.8% CAGR through 2033.
At what rate is the market predicted to expand in Germany?
The market in Germany is expected to progress at a CAGR of 6.6% through 2033.