Automotive Battery Market 2019, A recent report published by Data Bridge Market Research provides a unique guidance in thoughtful details regarding the development factors, used a top-down and bottom-up approach to keep it error-free and accurate. The researchers have used primary and secondary methodologies to collect data and its analysis.
Market Segment by Companies, this report covers 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, Huawei Technologies Co., Ltd., Chaowel Power Holdings Limited.
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Global Automotive Battery 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. Increasing electric vehicle is the major factor for the growth of this market.
Automotive batteries are batteries which supplies electric current to motor vehicle which are usually rechargeable in nature. Lithium- ion, Lead- Acid, Nickel, Sodium- ion are some of the automotive batteries types. They are usually is a 12-volt battery of six cells and is the heart of the car’s electrical system. Its main aim is to start the engine and then the power for electrical system is supplied by alternator.
Segmentation of the market
- 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)
Geographical landscape covered in the report
This AUTOMOTIVE BATTERY report covers a geographical landscape including the region like North America, South America, Asia and Pacific region, Middle East and Africa and Europe. Other vital key regions are also taken into account while developing this report.
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Questions related to the report:
- What does this AUTOMOTIVE BATTERY market research report offers?
This AUTOMOTIVE BATTERY report helps you to find about the key industry trends, threats and opportunities. It informs your decision for marketing strategy and planning. The most important its AUTOMOTIVE BATTERY report helps you to quickly build competitive intelligence in this rapidly changing market.
- Which techniques are utilized to overcome the threats?
Before creating this AUTOMOTIVE BATTERY report different type of tools and techniques such as SWOT analysis, Porter’s five analysis, Pestle Analysis, Industry chain analysis are utilized which helps the readers to overcome the threats of the market.
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.
Major Points Covered in Table of Contents:
- Global Automotive Battery Platforms Market Overview
- Economic Impact on Industry
- Market Competition by Manufacturers
- Production, Revenue (Value) by Region
- Supply (Production), Consumption, Export, Import by Regions
- Production, Revenue (Value), Price Trend by Type
- Global Automotive Battery Platforms Market Analysis by Application
- Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Global Automotive Battery Platforms Market Forecast
Read Complete Details with TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-automotive-battery-market
This AUTOMOTIVE BATTERY research report gives the outcome that matters most to the client. The research carried out in this report suggests what is going to be beneficial and how the report will help the business to grow.