Wide-ranging market information of the AUTOMOTIVE BATTERY Market report will surely grow business and improve return on investment (ROI). This market research report gives CAGR values along with its fluctuations for the specific forecast period.
This Market is expected to rise from its initial estimated value of USD 55.87 billion in 2018 to an estimated value of USD 103.18 billion by 2026, registering a CAGR of 7.97% in the forecast period of 2019-2026. Few of the leading organizations’ names are listed here– Johnson Controls, GS Yuasa International Ltd., Exide Technologies., East Penn Manufacturing Company, Camel Group Co, Fengfan Co.,Ltd., FIAMM, ENERSYS., Robert Bosch GmbH, MK Battery., Amara Raja Group, Hitachi, Ltd., SANYO Electric Co.,Ltd, Okaya Power Pvt. Ltd., Luminous India, others
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Let’s know why the report is worth considering-
Utilizes Powerful Tools and Methodologies-: The Automotive Battery market has been evaluated and analyzed utilizing various powerful market research tool and methodologies such as SWOT analysis, income feasibility analysis, PEST analysis and PORTER’s Five Forces analysis. These tools analyze the competitive forces prevailing in the market which somehow affects the market growth.
Performs Competitive Analysis: The Automotive Battery report incorporates the detailed analysis of the leading organizations and their thought process and what are the methodologies they are adopting to maintain their brand image in this market. The report aides the new bees to understand the level of competition that they need to fight for to strengthen their roots in this competitive market.
Highlights following MARKET DRIVERS AND RESTRAINT:
- The new fuel-saving technologies, like micro-hybrid systems are leading to higher battery usage.
- Increasing environmental concern is driving the market.
- Lack of adequate infrastructure required for proper operation of battery-driven vehicles is restraining the growth of this market.
- High cost of the batteries is another factor restraining the growth of this market.
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Conducts Overall AUTOMOTIVE BATTERY Market Segmentation: This knowledgeable market research report offers lucrative opportunities by breaking down complex market data into segments on the basis of –
By Battery Type (Lithium- ion, Lead- Acid, Nickel, Sodium- ion),
Vehicle Type (Passenger Vehicle, Commercial Vehicle, Electric Vehicle),
Engine Type (Internal combustion Engine, Electric Vehicles),
Functions (Electric propulsion, Start, Lighting, Ignition),
Sales Chanel (OEM, Aftermarket)
The AUTOMOTIVE BATTERY report covers market shares for global, Europe, North America, Asia Pacific and South America. The analysis of this report has been used to examine various segments that are relied upon to witness the quickest development based on the estimated forecast frame.
Key Developments in the Market:
In April 2018, Exide Industries announced the launch of their new completely sealed and maintenance free batteries for automotive- after market- Advanz. This battery equipped with a magic eye that can accurately indicate the health of the battery and determine its end of life. It has Ca- Ca system which ensures that topping up is necessary during the entire service life of the battery.
In October 2018, Amara Raja announced the launch of their new set up car battery plant. The capacity will reach 10.8 million units making it one of the largest facilities of its kind in India. The company signed a technology collaboration agreement with long-time partner Johnson Controls to introduce advanced battery technologies to India enabling higher performance across Starting, Lighting and Ignition (SLI), Enhanced Flooded Batteries (EFB) and Absorbent Glass Mat (AGM) batteries.
Strategic Points Covered in TOC:
Chapter 1: Introduction, market driving force product scope, market risk, market overview, and market opportunities of the global Hair Tie market
Chapter 2: Evaluating the leading manufacturers of the Automotive Battery market which consists of its revenue, sales, and price of the products
Chapter 3: Displaying the competitive nature among key manufacturers, with market share, revenue, and sales
Chapter 4: Presenting Automotive Battery market by regions, market share and with revenue and sales for the projected period
Chapter 5, 6, 7, 8 and 9: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions
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