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 2020. 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 2020, 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.
Global Car Batteries market size will reach 28200 million US$ by 2026, from 18200 million US$ in 2020, at a CAGR of 5.6% during the forecast period. In this study, 2020 has been considered as the base year and 2021-2026 as the forecast period to estimate the market size for Car Batteries.
This report covers the present status and the future prospects of the global Car Batteries market for 2015-2026.
The report offers detailed coverage of Car Batteries industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Car Batteries by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Johnson Controls, GS Yuasa, Exide Technologies, Hitachi Chemical, Camel Group, Sebang, Atlas BX, CSIC Power, East Penn, Banner Batteries, Chuanxi Storage, Exide Industries, Ruiyu Battery, Amara Raja
Market Segment as follows:
Market by Order Type
VRLA Battery
Flooded Battery
Other
Car Batteries Breakdown Data by Application
OEM
Automotive Channel
Ecommerce
Wholesale Clubs
Other
Car Batteries market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Car Batteries market for the forecast period 2021 - 2026?
• What are the driving forces in the Car Batteries market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Car Batteries industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.