- Base Year: 2018
- Estimated Year: 2019
- Forecast Period: 2019 to 2026
This report categorizes the market with various types, applications, companies, and regions. It focuses on the present scenario and the future growth of the global Automotive Starting Battery market, especially in regions like North America, Asia-Pacific, Europe, South America, Middle East and Africa.
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Major manufacturers profiled in the analysis report include Johnson Controls, Bosch, Ford Motor, ACDelco, GS Yuasa, Denso, Exide Technologies, Esan Battery, Primearth EV Energy, Hyundai Sungwoo, Moll Batteries, ATLASBX, Sebang Battery, A123 Systems, Duracell, Lincon Batteries, Chaowei, Leoch, Fengfan, Chuanxi, Wanli, Tianjin GS, Camel, Weilipo, and Aokly.
The growing consumer preference for pollution-free electric and hybrid vehicles is one of the key factors anticipated to fuel the growth of the automotive starting battery market over the forecast period. Furthermore, favorable regulatory policies can provide a phenomenal push to sales of electric vehicles, which in turn can help the automotive starting battery market to gain tremendous momentum during the forecast period.
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In 2018, the global automotive starting battery market was mainly concentrated in the threeregions of Asia-Pacific, North America and Europe, with the market share of 35.08%, 27.05% and 25.66% respectively, accounting for a total of 87.79%.
The Asia Pacific market dominated the market in 2018 due to the growing product demand in automotive applications in various countries including South Korea, India, Malaysia, and Indonesia. Europe has been one of the leading producers of automobiles in the past and is anticipated to continue its prominence in the foreseeable future. Moreover, the global automotive starting battery market is expected to witness significant growth over the upcoming years owing to rapid expansion in the automotive industry in emerging economies such as Mexico, Vietnam, Indonesia, India, and Thailand. Increasing demand for electric vehicles in the U.S. and Mexico, owing to rising government efforts to reduce carbon emission by developing eco-friendly products, is likely to spur the growth of the automotive starting battery market in the U.S. over the forecast period.
The type of the Automotive Starting Battery market can be divided into Lithium-Ion Based, Lead-Acid Based.
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