Automobile manufacturers from around the world are observing the rapid innovation and advent of battery technologies with a technology-neutral standpoint. OEMs are adopting new designs and mechanics to develop automobile components that enable optimization of electricity consumption. Such practices support the inclusion of advanced batteries in automobiles. Moreover, with increasing preference to electric vehicles and hybrids, manufacturers of automotive batteries will be focusing largely on extending the capacity of individual batteries and developing new technologies that enable speedy recharging and assured stabilization. According to Transparency Market Research, the global market for automotive batteries will witness a steady growth over the forecast period, 2017-2022. The report estimates that by the end of 2022, the global automotive battery market will be worth over US$ 54.5 billion. For providing insightful forecast on the global automotive battery market, the report has analyzed the market into a slew of segments.

High Demand for Automotive Batteries with Chemical Composition - Small Sealed Lead Acid (SSLA)

Chemical composition of automotive batteries plays the most instrumental role in their adoption among automobile manufacturers. Chemicals filled inside these batteries have the critical influence in performance of battery with respect to power efficiency, engine ignition and electrical functioning of the entire vehcile. The report projects that chemical composition – Small Sealed Lead Acid – commonly identified as SSLA is becoming a sought-after in the global automotive battery market. In 2017, over 38 percent of revenues procured in the global automotive battery market are expected to be accounted by the SSLA composition. Batteries made with this chemical composition are expected to outsell the ones equipped with Lithium-ion (Li-ion). Over the forecast period, sales of Li-ion batteries are anticipated to incur a steady pace, while SSLA batteries are estimated to register a CAGR of 6.7%. 

automotive battery market

Key Focus on Equipping Compact and Mid-Sized Vehicles

Manufacturers of automotive batteries in the global market are expected to remain focused on delivering batteries for brimming sales of compact and mid-sized vehicles. As the global sales of these two vehicle-segments continues to soar beyond that of premium, luxury and commercial vehicles, providing automotive batteries at an equally rapid pace is becoming a challenge for market players. Nevertheless, manufacturing automotive batteries for compact vehicles and mid-sized automobiles is relatively less complex, and entails no added expenditure with respect to adopting new and untested technologies. The report anticipates that by the end of 2017, mid-sized and compact vehicles will contribute to nearly half of the revenues being procured in the global automotive battery market.

Automotive Battery Aftermarkets to Witness Steady Sales Traction

With respect to the sales of automotive batteries, OEMs are being observed as the largest channel in the global automotive battery market. According to the report, automotive batteries sold globally through OEMs will rake in nearly US$ 40 billion by the end of 2022. The report also expects that over the forecast period, OEMs will witness robust CAGR with respect to sales of automotive batteries. On the other hand, the aftermarket sales of automotive batteries will witness a relatively moderate CAGR over the forecast period. Low need for changing automotive batteries in vehicle customization processes will be limiting the growth of automotive battery aftermarkets around the world.

Key Manufacturers of Automotive Batteries

The report observes that companies namely, Johnson Controls International plc., Haldex Incorporated, ZF TRW Automotive Holdings Corporation, Hitachi Ltd., EnerSys, Furukawa Electric Co. Ltd., Leoch International Tech, GS Yuasa Corporation, Crown Battery Manufacturing Company, and Exide Industries Limited will be key players in the global automotive battery market throughout the forecast period. A majority of these players are likely to focus on regulatory compliance in production of batteries and the chemicals being filled in them. The overall competition environment in the global automotive battery market is expected to remain aggressive in the upcoming years.

Transparency Market Research (PMR) offers an exclusive study on the global market for automotive batteries. The report is comprehensive and insightful, wherein a slew of factors influencing the dynamics of global automotive battery market have been analyzed. For generating accurate forecast on the global automotive battery market for the five-year period (2017-2022), revenues from key market participants for the past five years have been aggregated as a baseline to derive market size estimations. By availing this report, players in the global market for automotive batteries can avoid the undertaking of heavy in-house research on how the market will expand in the near future. Through the inferences offered in this report, the market players will be enabled to take informed decisions and create credible strategies towards expansion of their presence in the overall automotive battery market.

Report Synopsis

The report is compiled by considering a robust study structure that provides detailed analysis and forecast on the global automotive battery market in a chronological manner. Executive summary in the report provides a concise outline on key findings offered in the report, with a particular focus on revealing regional forecast on the global automotive battery market. The overview of the report delivers market introduction, a standard definition to automotive battery, and forecast estimations in Year-on-Year (Y-o-Y) growth rate metrics.

The report covers all key aspects influencing the growth of global automotive battery market in a section focused on market dynamics. This section provides a technology roadmap based on the prospects for manufacturing of automotive batteries till date. The section also provides analysis on automotive production across multiple regions, the diversity in global sales of automobile parts such as batteries, and their distribution network. The report also offers an intensity map that plots the presence of key market players in several regional automotive battery markets across the globe.

Key sections in the report deliver segmented analysis on the forecasted expansion of the global automotive battery market. The report has analyzed the global automotive battery market on the basis of type of chemical composition, vehicle type, sales channel, and region. Additional information on cross-segmental analysis and country-specific forecast on automotive battery market has also been provided in the report. The report has also profiled key players in the global automotive battery market, in a section focused on competition landscape. Based on their current market standings and key undertakings, companies participating in the global automotive battery market have been analyzed for understanding key competitors in the market for the approaching years.

Market Taxonomy

For the purpose of analysis, the taxonomy on global automotive battery market has been precisely illustrated in the table below:


Chemical Composition Type

Vehicle Type

Sales Channel

North America

Lithium Ion (Li-ion)

Compact Vehicle


Latin America

Nickel–Metal Hydride (Ni-MH)

Mid-Sized Vehicle



Nickel–Cadmium (Ni-Cd)

Premium Vehicle



Small Sealed Lead Acid (SSLA)

Luxury Vehicle




Commercial Vehicle




Heavy Commercial Vehicle


Research Objective

Our team of analysts and subject matter experts have developed this report by employing a range of research approaches, creating a reliable methodology for analyzing and forecasting the global automotive battery market. Qualitative insights offered in the report have been infused with quantitative estimations to boost the accuracy of market size forecasts being provided. The segmental and overall market size estimations have been interpreted through metrics such as compound annual growth rate (CAGR), revenue share, absolute dollar opportunities, and Basis Point Share (BPS) index. The report serves as a credible business document for automotive battery manufacturers seeking high-quality and dependable research study on how the overall market will expand in the near future. The scope of the report is to enable these players towards creating strategies that help them build stronger footholds across the untapped markets for automotive batteries in the immediate future.