Automotive Battery Market Outlook 2031

  • The global automotive battery market was valued at US$ 45 Bn in 2020
  • It is estimated to expand at a CAGR of 5.70% from 2021 to 2031
  • The global automotive battery market is expected to exceed the value of US$ 82.80 Bn by the end of 2031

Analysts’ Viewpoint on Automotive Battery Market Scenario

Manufacturers operating in the global automotive battery market are gaining potential growth opportunities in the upcoming years, due to rising fuel prices and awareness about benefits of electric vehicles across the globe. The increasing popularity of electric vehicles in many developing countries is driving the demand for batteries. Companies in the global automotive battery market are increasing their efforts to drive production capacity to fuel revenue opportunities in the global market. Asia Pacific dominates the global automotive battery market due to increasing adoption of vehicle electrification, along with lucrative presence of manufacturers in India and China. Growing investments and promotion activities by governments of emerging economies to use high-performance and low-emission electric vehicles strengthen the global market.

COVID-19 Impact on Global Automotive Battery Market

The rapid spread of coronavirus across the globe and enforced lockdown in many countries had a negative impact on the global automotive battery market. This has hampered the supply chain, halting manufacturing and production of passenger vehicles, light commercial vehicles, buses, etc. across the globe. Manufacturers operating in the automotive and transportation industry are recovering from the losses caused due to disturbed ecosystem and reduction in sales of automotive vehicles. Thus, manufacturers in the global automotive battery market are focusing on increasing their production capacity to gain revenue benefits.

There has been a rapid demand for electric vehicles in developing countries due to their fuel-efficiency, high-performance, and low-emission properties. Increasing research & development activities in the automotive industry, surging trend of vehicle electrification in the automobile industry, growing popularity of electric vehicles, and rising government regulations on emissions are some of the prominent factors driving the demand for automotive batteries. Furthermore, the demand has been increasing consistently due to the advent of electric and hybrid vehicles for the past few years. The increasing popularity of battery-powered vehicles boosts the global automotive battery market. Major players operating in the global automotive battery market are investing and expanding their production capabilities to deploy high quality automated batteries.

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Increasing Demand for Lithium Ion Batteries

There are a variety of batteries used in automotive vehicles. Among these, low-cost lithium ion batteries are immensely popular in consumers. Lithium ion batteries are used due to their cost-efficiency and increasing applications in electric vehicles. The rising sales of electric vehicles across the globe is creating growth opportunities for the lithium ion batteries manufacturers. The average price of these batteries is a major advantage for automobile manufacturers. Lithium ion batteries are popularly used due to their speed, safety and high thermal stability. Market players are adopting technological innovations to increase the operational efficiency of these batteries to meet the increasing demand for a longer driving range. This will automatically increase the sales of electric vehicles. All these factors are driving the global automotive battery market.

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Stringent Regulations on Vehicle Emissions in Developing Countries

There is an increasing acceptance of electric vehicles due to rising awareness about energy crisis and environmental pollution caused due to automotive vehicles. The growing popularity of low-emission vehicles for economic benefits is driving the global automotive battery market. Stringent rules and regulations applied on the vehicle emission by many development countries is contributing to the increasing demand for low-emission electric vehicles, thus fueling the demand for batteries across the globe. In various countries, there are strict rules and regulations on vehicle emissions, and it is mandatory to use advanced technologies to combat high-emission levels in electric vehicles. Due to these strict laws, many automobile manufacturers across the globe are focusing on the increasing production of low-emission and zero emission vehicles (ZEV). This factor is responsible for the increasing demand for electric vehicles, hence augmenting the growth of the global automotive battery market.

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Asia Pacific and Europe Offer Profitable Revenue Opportunities for Market Contributors

Asia Pacific and Europe are expected to account for significant share of the global automotive battery market. Increasing investments on R&D of battery system in Europe, along with presence of major original equipment manufacturers is driving the automotive battery market in the upcoming years. The presence of major automotive parts manufacturing industries across China, India, and Japan is also anticipated to propel the automotive battery market in Asia Pacific.

The surging demand for electric vehicles in Asia Pacific is due to increasing fuel prices and awareness of benefits of electric vehicles. Increasing adoption of vehicle electrification, rapidly expanding charging infrastructure, and stringent regulations on vehicle emission are some of the factors accelerating the demand for electric vehicles. The market is growing rapidly in Asia Pacific countries such as India and China. The Asia Pacific automotive battery market is driven by factors such as significant presence of manufactures, easy availability of raw material, and rapid economic growth.

Automotive Battery Market: Overview

  • Rising focus on research & development and investments in the automotive industry for electric vehicles, growing demand for electric vehicles among consumers, surging trend of vehicle electrification in the automobile industry, government regulations on emissions, and increasing fuel-efficiency are prominent factors driving the demand for automotive battery
  • The demand for automotive batteries has been increasing consistently due the advent of electric and hybrid vehicles for the last few years

Drivers of Automotive Battery Market

  • Key factors fueling the demand for lead acid battery include initiatives undertaken to introduce green energy solutions in the automotive industry. Manufacturing companies of automotive battery are focusing on expansion of their production and distribution capacities in various countries. Some companies are collaborating directly with regional manufacturers to improve their industrial research activities. All these factors are anticipated to drive the automotive battery market.
  • Increase in disposable income of individuals and stable economic structure of countries have propelled the demand for vehicles, thereby boosting production levels, which, in turn, is fueling the demand for automotive battery. Furthermore, on-demand mobility, introduction of ultra-batteries in the energy storage segment, and development of advanced energy storage modules for the automobile industry are key factors driving automotive production as well as the consumption of batteries.

Challenges for Automotive Battery Market

  • The COVID-19 pandemic hampered majority of businesses across the globe, owing to the imposition of lockdowns that caused people to stay at home. The forced lockdown led to a decline in vehicle sales; subsequently, contracting the global automotive battery market.
  • However, the global automotive battery market is projected to expand from 2021, owing to economic measures taken by governments to recover from financial losses caused by forced shutdown of business activities during the COVID-19 pandemic in 2020

Segmentation of Automotive Battery Market

  • The global automotive battery market has been segmented based on type, propulsion, vehicle type, sales channel, and region
  • Based on propulsion, the global automotive market has been segmented into IC engine and electric. The IC engine segment dominated the automotive battery market, in terms of volume, in 2020. The electric segment is projected to expand at a notable pace, which is likely to enhance the use of automotive battery. Electric vehicles are projected to dominate the market during the forecast period due to the enactment of stringent emission norms across the globe, which, in turn, is estimated to fuel the automotive battery market during the forecast period.
  • Based on vehicle type, the passenger vehicle segment dominated the global automotive battery market. Rise in sale of passenger vehicles across the globe is projected to drive the market. Increase in purchase capacity of consumers across the globe is likely to increase the sale of vehicle, which, in turn, is anticipated to fuel the automotive battery market.

Automotive Battery Market: Regional Analysis

  • Based on region, the global automotive battery market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
  • Europe and Asia Pacific held a major share of the global automotive battery market, in terms of revenue, in 2020, as these regions are home to major vehicle manufacturers and tier-1 suppliers who have advanced research and development facilities that help enhance the use of automotive battery
  • Rapid expansion of small- and medium-scale industries across the globe is estimated to boost the automotive battery market. Surge in the number of startups across developing countries in Asia Pacific is likely to offer opportunities for the automotive battery market in Asia Pacific.

Automotive Battery Market: Competition Landscape

  • Key players operating in the global automotive battery market include
    • Leoch International Tech
    • Furukawa Electric Co. Ltd.
    • Hitachi Ltd.
    • Haldex Incorporated
    • Exide Industries Limited
    • Panasonic Corporation
    • CATL
    • GS Yuasa
    • LG Chem
    • Samsung SDI
    • SK Innovation
  • Major players operating in global automotive battery market are focusing on expansion of their market share by engaging in collaborations, partnerships, and mergers & acquisition. In December 2020, LG Chem Ltd planned to more than double the production capacity of battery cells it makes in China for Tesla Inc. electric vehicles (EV) in 2021, in order to keep up with its U.S.-based client's expansion in the biggest car market.

Automotive Battery Market Snapshot

Attribute

Detail

Market Value in 2020

US$ 45 Bn

Market Value in 2031

US$ 82.80 Bn

Growth Rate (CAGR)

5.70%

Forecast Period

2021-2031

Quantitative Units

US$ Bn for Value and Units for Volume

Research Scope

The report covers regional and global automotive battery market revenue, along with key factors influencing the market.

Report Coverage

It includes Executive Summary, Market Overview, Global Market, Regional Market, and Competition Landscape.

Format

Electronic (PDF)

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Countries Covered

  • U. S.
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • East Europe
  • Rest of Europe
  • China
  • India
  • Japan
  • South Korea
  • ASEAN Countries
  • Rest of APAC
  • GCC Countries
  • Turkey
  • South Africa
  • Rest of Middle East & Africa
  • Brazil
  • Mexico
  • Rest of Latin America

Market Segmentation

  • Type
    • Lithium Ion
    • Sealed Lead Acid
    • Nickel-Metal Hydride
    • Nickel-Cadmium
  • Propulsion
    • Internal Combustion Engine
      • Gasoline
      • Diesel
    • Electric
      • Battery Electric
      • Hybrid Electric
  • Vehicle Type
    • Passenger Vehicle
    • Light Commercial Vehicle
    • Heavy Duty Trucks
    • Bus & Coaches
    • Two Wheeler Vehicle
  • Sales Channel
    • OEM
    • Aftermarket

Companies Profiled

  • Leoch International Tech,
  • Furukawa Electric Co. Ltd.,
  • Hitachi Ltd.,
  • Haldex Incorporated,
  • Exide Industries Limited,
  • Panasonic Corporation,
  •  CATL,
  • GS Yuasa,
  • LG Chem,
  • Samsung SDI,
  • SK Innovation
  • Others

Customization Scope

Available upon Request

Pricing

Available upon Request

Automotive Battery Market – Scope of the Report

Transparency Market Research’s recent report on the automotive battery market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the automotive battery market analyzes the scenario for the period of 2017 to 2031, wherein, 2020 is the base year and 2019 and before is historical data. This report enables readers to make important decisions with regard to their business, with the help of a wealth of information enclosed in the study

This TMR study on the automotive battery market also provides data on the developments made by important players and stakeholders in the market, along with a competitive analysis. The report also provides an understanding of the strengths, weaknesses, threats, and opportunities, along with the trends and restraints in the landscape. Presented in a clear sanctioned manner, this report on the automotive battery market gives readers an individual understanding of the market

Key Questions Answered in This Report on Automotive Battery Market

  • How much value will the automotive battery market generate by the end of the forecast period?
  • Which segment of the market is likely to have the maximum market share by 2031?
  • What are the impact factors and their effects on the market for automotive battery market?
  • What regions currently contribute the maximum share to the overall automotive battery market?
  • What are the indicators expected to drive the automotive battery market?
  • What region is likely to be a lucrative market during the forecast period?
  • What are the essential strategies by key stakeholders in the automotive battery market to expand their geographic presence?
  • What are the major advancements witnessed in the automotive battery market?
  • How regulatory norms affected the market for automotive battery market?

This report answers these questions and more about the automotive battery market, aiding major stakeholders and key players in making the right decisions and strategizing for the advancement of their business.

Automotive Battery Market – Research Methodology

This TMR report on the automotive battery market is based on a complete and comprehensive evaluation of the market, backed by secondary and primary sources.  Market volume is determined by country wise model mapping of vehicle through internal & external proprietary databases, and relevant patent and regulatory databases. The competitive scenario of the automotive battery market is supported by an assessment of the different factors that influence the market on a minute and granular level. By thoroughly analyzing the historical data, current trends and announcement by the key players, researchers of the automotive battery market arrive at predictions and estimations, and calculate the forecast for the market.

This report uses an analytical triangulation method to estimate the numbers and figures of the automotive battery market, with both a bottom-up and top-down approach

This detailed assessment of the automotive battery market, along with an overview of the landscape, is provided based on a careful examination of the avenues related to this industry. Analysts’ conclusions on how the automotive battery market is estimated to expand are based on carefully vetted primary and secondary sources.

Automotive Battery Market – Segmentation

This report on the automotive battery market provides information on the basis of type, propulsion, vehicle type, sales channel, and region.

Type
  • Lithium Ion
  • Sealed Lead Acid
  • Nickel-Metal Hydride
  • Nickel-Cadmium
Propulsion
  • Internal Combustion Engine
    • Gasoline
    • Diesel
  • Electric
    • Battery Electric
    • Hybrid Electric
Vehicle Type
  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Duty Trucks
  • Bus & Coaches
  • Two Wheeler Vehicle
Sales Channel
  • OEM
  • Aftermarket
Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

This study also discusses the underlying trends and impact of various factors that are driving the automotive battery market along with their influence on the evolution of the market.

This study also offers Porter’s Five Point Analysis, value chain analysis, regulatory scenario, and a SWOT analysis of the automotive battery market, in order to elaborate the crucial growth tactics and opportunities for market players contributing to the market.

1. Executive Summary: Global Automotive Battery Market

    1.1. Global Automotive Battery Market Volume (Units) Value (US$ Mn), 2017‒2031

2. Market Overview

    2.1. Introduction

    2.2. Market Dynamics

        2.2.1. Drivers

        2.2.2. Restraints

        2.2.3. Opportunity

    2.3. Market Factor Analysis

        2.3.1. Porter’s Five Force Analysis

        2.3.2. Value Chain Analysis

            2.3.2.1. List of Key Manufacturers

            2.3.2.2. List of Customers

            2.3.2.3. Level of Integration

        2.3.3. SWOT Analysis

    2.4. Regulatory Scenario

    2.5. Key Industry Development

    2.6. Key Industry Trends

    2.7. COVID-19 Impact Analysis

3. Global Automotive Battery Market Analysis and Forecast, by Type

    3.1. Definition

    3.2. Market Snapshot

    3.3. Global Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Type, 2017‒2031

        3.3.1. Lithium Ion

        3.3.2. Sealed Lead Acid

        3.3.3. Nickel-Metal Hydride

        3.3.4. Nickel Cadmium

4. Global Automotive Battery Market Analysis and Forecast, by Vehicle Type

    4.1. Definition

    4.2. Market Snapshot

    4.3. Global Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

        4.3.1. Passenger Vehicle

        4.3.2. Light Commercial Vehicle

        4.3.3. Heavy Duty Trucks

        4.3.4. Bus & Coaches

        4.3.5. Two Wheeler Vehicle

5. Global Automotive Battery Market Analysis and Forecast, by Propulsion

    5.1. Definition

    5.2. Market Snapshot

    5.3. Global Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Propulsion, 2017‒2031

        5.3.1. IC Engine

            5.3.1.1. Gasoline

            5.3.1.2. Diesel

        5.3.2. Electric

            5.3.2.1. Battery Electric

            5.3.2.2. Hybrid Electric

            5.3.2.3. Plug-in Hybrid Electric

6. Global Automotive Battery Market Analysis and Forecast, by Sales Channel

    6.1. Definition

    6.2. Market Snapshot

    6.3. Global Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by sales Channel, 2017‒2031

        6.3.1. OEM

        6.3.2. Aftermarket

7. Global Automotive Battery Market Analysis and Forecast, by Region

    7.1. Market Snapshot

    7.2. Global Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Region, 2017‒2031

        7.2.1. North America

        7.2.2. Europe

        7.2.3. Asia Pacific

        7.2.4. Middle East & Africa

        7.2.5. South America

8. North America Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, 2017‒2031

    8.1. Market Snapshot

    8.2. North America Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Type

        8.2.1. Lithium Ion

        8.2.2. Sealed Lead Acid

        8.2.3. Nickel-Metal Hydride

        8.2.4. Nickel Cadmium

    8.3. North America Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Vehicle Type

        8.3.1. Passenger Vehicle

        8.3.2. Light Commercial Vehicle

        8.3.3. Heavy Duty Trucks

        8.3.4. Bus & Coaches

        8.3.5. Two Wheeler Vehicle

    8.4. North America Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Propulsion

        8.4.1. IC Engine

            8.4.1.1. Gasoline

            8.4.1.2. Diesel

        8.4.2. Electric

            8.4.2.1. Battery Electric

            8.4.2.2. Hybrid Electric

            8.4.2.3. Plug-in Hybrid Electric

    8.5. North America Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Sales Channel

        8.5.1. OEM

        8.5.2. Aftermarket

    8.6. North America Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Country

        8.6.1. U.S.

        8.6.2. Canada

        8.6.3. Mexico

9. Europe Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, 2017‒2031

    9.1. Market Snapshot

    9.2. Europe Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, By Type

        9.2.1. Lithium Ion

        9.2.2. Sealed Lead Acid

        9.2.3. Nickel-Metal Hydride

        9.2.4. Nickel Cadmium

    9.3. Europe Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, By Vehicle Type

        9.3.1. Passenger Vehicle

        9.3.2. Light Commercial Vehicle

        9.3.3. Heavy Duty Trucks

        9.3.4. Bus & Coaches

        9.3.5. Two Wheeler Vehicle

    9.4. Europe Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, By Propulsion Type

        9.4.1. IC Engine

        9.4.2. Gasoline

        9.4.3. Diesel

        9.4.4. Electric

        9.4.5. Battery Electric

        9.4.6. Hybrid Electric

        9.4.7. Plug-in Hybrid Electric

    9.5. Europe Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Sales Channel

        9.5.1. OEM

        9.5.2. Aftermarket

    9.6. Europe Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Country and Sub-region

        9.6.1. Germany

        9.6.2. U.K.

        9.6.3. France

        9.6.4. Italy

        9.6.5. Spain

        9.6.6. Nordic Countries

        9.6.7. Russia & CIS

        9.6.8. Rest of Europe

10. Asia Pacific Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, 2017‒2031

    10.1. Market Snapshot

    10.2. Asia Pacific Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, By Type

        10.2.1. Lithium Ion

        10.2.2. Sealed Lead Acid

        10.2.3. Nickel-Metal Hydride

        10.2.4. Nickel Cadmium

    10.3. Asia Pacific Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, By Vehicle Type

        10.3.1. Passenger Vehicle

        10.3.2. Light Commercial Vehicle

        10.3.3. Heavy Duty Trucks

        10.3.4. Bus & Coaches

        10.3.5. Two Wheeler Vehicle

    10.4. Asia Pacific Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, By Propulsion Type

        10.4.1. IC Engine

        10.4.2. Gasoline

        10.4.3. Diesel

        10.4.4. Electric

        10.4.5. Battery Electric

        10.4.6. Hybrid Electric

        10.4.7. Plug-in Hybrid Electric

    10.5. Asia Pacific Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Sales Channel

        10.5.1. OEM

        10.5.2. Aftermarket

    10.6. Asia Pacific Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Country and Sub-region

        10.6.1. China

        10.6.2. India

        10.6.3. ASEAN

        10.6.4. ANZ

        10.6.5. Rest of Asia Pacific

11. Middle East & Africa Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, 2017‒2031

    11.1. Market Snapshot

    11.2. Middle East & Africa Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, By Type

        11.2.1. Lithium Ion

        11.2.2. Sealed Lead Acid

        11.2.3. Nickel-Metal Hydride

        11.2.4. Nickel Cadmium

    11.3. Middle East & Africa Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, By Vehicle Type

        11.3.1. Passenger Vehicle

        11.3.2. Light Commercial Vehicle

        11.3.3. Heavy Duty Trucks

        11.3.4. Bus & Coaches

        11.3.5. Two Wheeler Vehicle

    11.4. Middle East & Africa Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, By Propulsion Type

        11.4.1. IC Engine

        11.4.2. Gasoline

        11.4.3. Diesel

        11.4.4. Electric

        11.4.5. Battery Electric

        11.4.6. Hybrid Electric

        11.4.7. Plug-in Hybrid Electric

    11.5. Middle East & Africa Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Sales Channel

        11.5.1. OEM

        11.5.2. Aftermarket

    11.6. Middle East & Africa Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Country and Sub-region

        11.6.1. GCC

        11.6.2. Turkey

        11.6.3. South Africa

        11.6.4. Rest of Middle East & Africa

12. South America Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, 2017‒2031

    12.1. Market Snapshot

    12.2. South America Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, By Type

        12.2.1. Lithium Ion

        12.2.2. Sealed Lead Acid

        12.2.3. Nickel-Metal Hydride

        12.2.4. Nickel Cadmium

    12.3. South America Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, By Vehicle Type

        12.3.1. Passenger Vehicle

        12.3.2. Light Commercial Vehicle

        12.3.3. Heavy Duty Trucks

        12.3.4. Bus & Coaches

        12.3.5. Two Wheeler Vehicle

    12.4. South America Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, By Propulsion Type

        12.4.1. IC Engine

        12.4.2. Gasoline

        12.4.3. Diesel

        12.4.4. Electric

        12.4.5. Battery Electric

        12.4.6. Hybrid Electric

        12.4.7. Plug-in Hybrid Electric

    12.5. South America Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Sales Channel

        12.5.1. OEM

        12.5.2. Aftermarket

    12.6. South America Automotive Battery Market Volume (Units) Value (US$ Mn) Forecast, by Country and Sub-region

        12.6.1. Brazil

        12.6.2. Argentina

        12.6.3. Rest of South America

13. Competition Landscape

    13.1. Market Analysis By Company (2020)

    13.2. Market Player – Competition Matrix (By Tier and Size of companies)

    13.3. Key Market Players (Details – Overview, Recent Developments, Strategy)

        13.3.1. Leoch International Tech,

            13.3.1.1. Overview

            13.3.1.2. Recent Developments

            13.3.1.3. Strategy

        13.3.2. Furukawa Electric Co. Ltd.,

            13.3.2.1. Overview

            13.3.2.2. Recent Developments

            13.3.2.3. Strategy

        13.3.3. Hitachi Ltd.,

            13.3.3.1. Overview

            13.3.3.2. Recent Developments

            13.3.3.3. Strategy

        13.3.4. Haldex Incorporated,

            13.3.4.1. Overview

            13.3.4.2. Recent Developments

            13.3.4.3. Strategy

        13.3.5. Exide Industries Limited,

            13.3.5.1. Overview

            13.3.5.2. Recent Developments

            13.3.5.3. Strategy

        13.3.6. Panasonic Corporation,

            13.3.6.1. Overview

            13.3.6.2. Recent Developments

            13.3.6.3. Strategy

        13.3.7. CATL,

            13.3.7.1. Overview

            13.3.7.2. Recent Developments

            13.3.7.3. Strategy

        13.3.8. GS Yuasa,

            13.3.8.1. Overview

            13.3.8.2. Recent Developments

            13.3.8.3. Strategy

        13.3.9. LG Chem,

            13.3.9.1. Overview

            13.3.9.2. Recent Developments

            13.3.9.3. Strategy

        13.3.10. Samsung SDI,

            13.3.10.1. Overview

            13.3.10.2. Recent Developments

            13.3.10.3. Strategy

        13.3.11. SK Innovation

            13.3.11.1. Overview

            13.3.11.2. Recent Developments

            13.3.11.3. Strategy

        13.3.12. Others 

List of Tables

Table 1: Global Automotive Battery Market Volume (Units) Forecast, by Type, 2017‒2031

Table 2: Global Automotive Battery Market Value (US$ Mn) Forecast, by Type, 2017‒2031

Table 3: Global Automotive Battery Market Volume (Units) Forecast, by Propulsion, 2017‒2031

Table 4: Global Automotive Battery Market Value (US$ Mn) Forecast, by Propulsion, 2017‒2031

Table 5: Global Automotive Battery Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

Table 6: Global Automotive Battery Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

Table 7: Global Automotive Battery Market Volume (Units) Forecast, by Sales Channel, 2017‒2031

Table 8: Global Automotive Battery Market Value (US$ Mn) Forecast, by Sales Channel, 2017‒2031

Table 9: Global Automotive Battery Market Volume (Units) Forecast, by Region, 2017‒2031

Table 10: Global Automotive Battery Market Value (US$ Mn) Forecast, by Region, 2017‒2031

Table 11: North America Automotive Battery Market Volume (Units) Forecast, by Type, 2017‒2031

Table 12: North America Automotive Battery Market Value (US$ Mn) Forecast, by Type, 2017‒2031

Table 13: North America Automotive Battery Market Volume (Units) Forecast, by Propulsion, 2017‒2031

Table 14: North America Automotive Battery Market Value (US$ Mn) Forecast, by Propulsion, 2017‒2031

Table 15: North America Automotive Battery Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

Table 16: North America Automotive Battery Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

Table 17: North America Automotive Battery Market Volume (Units) Forecast, by Sales Channel, 2017‒2031

Table 18: North America Automotive Battery Market Value (US$ Mn) Forecast, by Sales Channel, 2017‒2031

Table 19: North America Automotive Battery Market Volume (Units) Forecast, by Country, 2017‒2031

Table 20: North America Automotive Battery Market Value (US$ Mn) Forecast, by Country, 2017‒2031

Table 21: Europe Automotive Battery Market Volume (Units) Forecast, by Type, 2017‒2031

Table 22: Europe Automotive Battery Market Value (US$ Mn) Forecast, by Type, 2017‒2031

Table 23: Europe Automotive Battery Market Volume (Units) Forecast, by Propulsion, 2017‒2031

Table 24: Europe Automotive Battery Market Value (US$ Mn) Forecast, by Propulsion, 2017‒2031

Table 25: Europe Automotive Battery Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

Table 26: Europe Automotive Battery Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

Table 27: Europe Automotive Battery Market Volume (Units) Forecast, by Sales Channel, 2017‒2031

Table 28: Europe Automotive Battery Market Value (US$ Mn) Forecast, by Sales Channel, 2017‒2031

Table 29: Europe Automotive Battery Market Volume (Units) Forecast, by Country and Sub-region, 2017‒2031

Table 30: Europe Automotive Battery Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

Table 31: Asia Pacific Automotive Battery Market Volume (Units) Forecast, by Type, 2017‒2031

Table 32: Asia Pacific Automotive Battery Market Value (US$ Mn) Forecast, by Type, 2017‒2031

Table 33: Asia Pacific Automotive Battery Market Volume (Units) Forecast, by Propulsion, 2017‒2031

Table 34: Asia Pacific Automotive Battery Market Value (US$ Mn) Forecast, by Propulsion, 2017‒2031

Table 35: Asia Pacific Automotive Battery Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

Table 36: Asia Pacific Automotive Battery Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

Table 37: Asia Pacific Automotive Battery Market Volume (Units) Forecast, by Sales Channel, 2017‒2031

Table 38: Asia Pacific Automotive Battery Market Value (US$ Mn) Forecast, by Sales Channel, 2017‒2031

Table 39: Asia Pacific Automotive Battery Market Volume (Units) Forecast, by Country and Sub-region, 2017‒2031

Table 40: Asia Pacific Automotive Battery Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

Table 41: Middle East & Africa Automotive Battery Market Volume (Units) Forecast, by Type, 2017‒2031

Table 42: Middle East & Africa Automotive Battery Market Value (US$ Mn) Forecast, by Type, 2017‒2031

Table 43: Middle East & Africa Automotive Battery Market Volume (Units) Forecast, by Propulsion, 2017‒2031

Table 44: Middle East & Africa Automotive Battery Market Value (US$ Mn) Forecast, by Propulsion, 2017‒2031

Table 45: Middle East & Africa Automotive Battery Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

Table 46: Middle East & Africa Automotive Battery Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

Table 47: Middle East & Africa Automotive Battery Market Volume (Units) Forecast, by Sales Channel, 2017‒2031

Table 48: Middle East & Africa Automotive Battery Market Value (US$ Mn) Forecast, by Sales Channel, 2017‒2031

Table 49: Middle East & Africa Automotive Battery Market Volume (Units) Forecast, by Country and Sub-region, 2017‒2031

Table 50: Middle East & Africa Automotive Battery Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

Table 51: South America Automotive Battery Market Volume (Units) Forecast, by Type, 2017‒2031

Table 52: South America Automotive Battery Market Value (US$ Mn) Forecast, by Type, 2017‒2031

Table 53: South America Automotive Battery Market Volume (Units) Forecast, by Propulsion, 2017‒2031

Table 54: South America Automotive Battery Market Value (US$ Mn) Forecast, by Propulsion, 2017‒2031

Table 55: South America Automotive Battery Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

Table 56: South America Automotive Battery Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

Table 57: South America Automotive Battery Market Volume (Units) Forecast, by Sales Channel, 2017‒2031

Table 58: South America Automotive Battery Market Value (US$ Mn) Forecast, by Sales Channel, 2017‒2031

Table 59: South America Automotive Battery Market Volume (Units) Forecast, by Country and Sub-region, 2017‒2031

Table 60: South America Automotive Battery Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

List of Figures

Figure 1: Global Automotive Battery Market Value (US$ Mn) Projection, by Type, 2017‒2031

Figure 2: Global Automotive Battery Market, US$ Mn, Incremental Opportunity, by Type, 2021‒2031

Figure 3: Global Automotive Battery Market Value (US$ Mn) Projection, by Propulsion, 2017‒2031

Figure 4: Global Automotive Battery Market, US$ Mn, Incremental Opportunity, by Propulsion, 2021‒2031

Figure 5: Global Automotive Battery Market Value (US$ Mn) Projection, by Vehicle Type, 2017‒2031

Figure 6: Global Automotive Battery Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021‒2031

Figure 7: Global Automotive Battery Market Value (US$ Mn) Projection, by Sales Channel, 2017‒2031

Figure 8: Global Automotive Battery Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021‒2031

Figure 9: Global Automotive Battery Market Value (US$ Mn) Projection by Region, 2017‒2031

Figure 10: Global Automotive Battery Market, US$ Mn, Incremental Opportunity, by Region, 2021‒2031

Figure 11: North America Automotive Battery Market Value (US$ Mn) Projection, by Type, 2017‒2031

Figure 12: North America Automotive Battery Market, US$ Mn, Incremental Opportunity, by Type, 2021‒2031

Figure 13: North America Automotive Battery Market Value (US$ Mn) Projection, by Propulsion, 2017‒2031

Figure 14: North America Automotive Battery Market, US$ Mn, Incremental Opportunity, by Propulsion, 2021‒2031

Figure 15: North America Automotive Battery Market Value (US$ Mn) Projection, by Vehicle Type, 2017‒2031

Figure 16: North America Automotive Battery Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021‒2031

Figure 17: North America Automotive Battery Market Value (US$ Mn) Projection, by Sales Channel, 2017‒2031

Figure 18: North America Automotive Battery Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021‒2031

Figure 19: North America Automotive Battery Market Value (US$ Mn) Projection by Country, 2017‒2031

Figure 20: North America Automotive Battery Market, US$ Mn, Incremental Opportunity, by Country, 2021‒2031

Figure 21: Europe Automotive Battery Market Value (US$ Mn) Projection, by Type, 2017‒2031

Figure 22: Europe Automotive Battery Market, US$ Mn, Incremental Opportunity, by Type, 2021‒2031

Figure 23: Europe Automotive Battery Market Value (US$ Mn) Projection, by Propulsion, 2017‒2031

Figure 24: Europe Automotive Battery Market, US$ Mn, Incremental Opportunity, by Propulsion, 2021‒2031

Figure 25: Europe Automotive Battery Market Value (US$ Mn) Projection, by Vehicle Type, 2017‒2031

Figure 26: Europe Automotive Battery Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021‒2031

Figure 27: Europe Automotive Battery Market Value (US$ Mn) Projection, by Sales Channel, 2017‒2031

Figure 28: Europe Automotive Battery Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021‒2031

Figure 29: Europe Automotive Battery Market Value (US$ Mn) Projection by Country and Sub-region, 2017‒2031

Figure 30: Europe Automotive Battery Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2021‒2031

Figure 31: Asia Pacific Automotive Battery Market Value (US$ Mn) Projection, by Type, 2017‒2031

Figure 32: Asia Pacific Automotive Battery Market, US$ Mn, Incremental Opportunity, by Type, 2021‒2031

Figure 33: Asia Pacific Automotive Battery Market Value (US$ Mn) Projection, by Propulsion, 2017‒2031

Figure 34: Asia Pacific Automotive Battery Market, US$ Mn, Incremental Opportunity, by Propulsion, 2021‒2031

Figure 35: Asia Pacific Automotive Battery Market Value (US$ Mn) Projection, by Vehicle Type, 2017‒2031

Figure 36: Asia Pacific Automotive Battery Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021‒2031

Figure 37: Asia Pacific Automotive Battery Market Value (US$ Mn) Projection, by Sales Channel, 2017‒2031

Figure 38: Asia Pacific Automotive Battery Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021‒2031

Figure 39: Asia Pacific Automotive Battery Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2021‒2031

Figure 40: Middle East & Africa Automotive Battery Market Value (US$ Mn) Projection, by Type, 2017‒2031

Figure 41: Middle East & Africa Automotive Battery Market, US$ Mn, Incremental Opportunity, by Type, 2021‒2031

Figure 42: Middle East & Africa Automotive Battery Market Value (US$ Mn) Projection, by Propulsion, 2017‒2031

Figure 43: Middle East & Africa Automotive Battery Market, US$ Mn, Incremental Opportunity, by Propulsion, 2021‒2031

Figure 44: Middle East & Africa Automotive Battery Market Value (US$ Mn) Projection, by Vehicle Type, 2017‒2031

Figure 45: Middle East & Africa Automotive Battery Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021‒2031

Figure 46: Middle East & Africa Automotive Battery Market Value (US$ Mn) Projection, by Sales Channel, 2017‒2031

Figure 47: Middle East & Africa Automotive Battery Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021‒2031

Figure 48: Middle East & Africa Automotive Battery Market Value (US$ Mn) Projection by Country and Sub-region, 2017‒2031

Figure 49: Middle East & Africa Automotive Battery Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2021‒2031

Figure 50: South America Automotive Battery Market Value (US$ Mn) Projection, by Type, 2017‒2031

Figure 51: South America Automotive Battery Market, US$ Mn, Incremental Opportunity, by Type, 2021‒2031

Figure 52: South America Automotive Battery Market Value (US$ Mn) Projection, by Propulsion, 2017‒2031

Figure 53: South America Automotive Battery Market, US$ Mn, Incremental Opportunity, by Propulsion, 2021‒2031

Figure 54: South America Automotive Battery Market Value (US$ Mn) Projection, by Vehicle Type, 2017‒2031

Figure 55: South America Automotive Battery Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021‒2031

Figure 56: South America Automotive Battery Market Value (US$ Mn) Projection, by Sales Channel, 2017‒2031

Figure 57: South America Automotive Battery Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021‒2031

Figure 58: South America Automotive Battery Market Value (US$ Mn) Projection by Country and Sub-region, 2017‒2031

Figure 59: South America Automotive Battery Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2021‒2031

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Automotive Battery Market