Automotive Batteries Market by Vehicle Type, Channel, and Geography - Forecast and Analysis 2023-2027

Published: Dec 2022 Pages: 173 SKU: IRTNTR40989

The automotive batteries market is estimated to grow at a CAGR of 17.75% between 2022 and 2027. The size of the market is forecast to increase by USD 89.21 billion. The growth of the market depends on several factors, including the rise in sales of passenger cars, the growing demand for air conditioning systems in commercial vehicles in APAC, and the rise in sales of electric vehicles, which is increasing demand for automotive batteries. 

This report extensively covers market segmentation by vehicle type (passenger cars and commercial vehicles), channel (OEM and aftermarket), and geography (APAC, North America, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Automotive Batteries Market During the Forecast Period?

To learn more about this report, Download Report Sample

Parent Market Analysis

Technavio categorizes the global automotive batteries market as a part of the global renewable electricity market within the global independent power and renewable electricity market. The parent global renewable electricity market covers companies engaged in the generation and distribution of electricity using renewable sources. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Automotive Batteries Market: Key Drivers, Trends, Challenges, and Customer Landscape

The rise in sales of passenger cars is notably driving the market growth, although factors such as multiple limitations and the short life cycle of lead-acid batteries may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Automotive Batteries Market Driver

The rise in sales of passenger cars is notably driving market growth. Increasing preference for fuel efficiency and the comfort of traveling in three-row seats in crossovers and SUVs are the main drivers of the SUV and crossover market. Although both SUVs and crossovers look similar, they are distinct in fuel efficiency and usability. Additionally, the reduction of interest rates on car loans in some countries like the US has enabled consumers to buy larger and more expensive vehicles. Automotive batteries in the passenger cars segment contribute to the majority of the global market.

OEMs, such as Toyota, have undertaken manufacturing plans for increasing their production of passenger cars. Toyota is planning to relocate its auto production to Mexico to meet the increased demand for SUVs and crossovers in Canada and the US. The new plant is also set for manufacturing its flagship model, Corolla. Thus, the growing preference for fuel efficiency and the comfort of traveling will drive the market growth during the forecast period.

Significant Automotive Batteries Market Trend

Growing demand for AGM batteries is an emerging trend in the market. Earlier in the 1980s, AGM batteries were used in aircraft. They are perfect for vehicles that are heavily equipped with electrical accessories, such as navigation systems; touchscreen infotainment systems; and electric parking brakes and technologies, such as start and stop. As there is an increase in the trend of electrical accessories, the popularity of AGM batteries has also grown.

One of the primary benefits of AGM batteries is that they discharge slowly as compared with conventional lead-acid batteries. Therefore, they have a longer life. In addition, since the free flow of electrolytes is restricted, the probability or the chances of the spill hazard is comparatively much lower than the lead-acid batteries. This enhances the safety of the vehicle. Moreover, the lifespan of AGM batteries is almost twice of conventional batteries. All these benefits have led to an increase in the popularity of AGM batteries which will drive the global market growth during the forecast period.

Major Automotive Batteries Market Challenge

Multiple limitations and the short life cycles of lead-acid batteries are major challenges impeding the market growth. The lead-acid battery was the first rechargeable battery that was used for commercial applications and is still widely used. There are multiple reasons for its popularity. However, lead-acid is heavy and less durable than nickel or lithium-based systems. A full discharge causes a permanent depletion of the small amount of the capacity of the battery. The loss of the small capacity of the battery does not have a major impact on the running of the vehicle when the battery is in good operating condition but will have a major impact once the performance drops to half of the nominal capacity.

Furthermore, the life expectancy of batteries under continuous charge depends on charge voltage, frequency and depth of discharge, and temperature. Elevated temperature reduces the lifespan of the batteries. Apart from the aforementioned limitations, lead-acid batteries have low energy density and, therefore, cannot be stored in a discharged condition. Hence, such factors will hamper the growth of the market during the forecast period.

Key Automotive Batteries Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Automotive Batteries Market Customer Landscape

Who are the Major Automotive Batteries Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Clarios - The company operates under one segment. The company under this segment offers a line of batteries such as lead-acid and lithium-ion for automotive, heavy-duty, marine, and power sports industries. The key offerings of the company include automotive batteries such as Lithium-ion batteries. 

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • A123 Systems LLC
  • Amara Raja Group
  • Crown Battery Manufacturing Co.
  • East Penn Manufacturing Co. Inc.
  • EnerSys
  • Exide Industries Ltd.
  • Furukawa Electric Co. Ltd.
  • GS Yuasa Corp.
  • HBL Power Systems Ltd.
  • Hitachi Ltd.
  • Leoch International Technology Ltd.
  • LG Corp.
  • Panasonic Holdings Corp.
  • Robert Bosch GmbH
  • Samsung SDI Co. Ltd.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Automotive Batteries Market?

The market share growth by the passenger car segment will be significant during the forecast period. The global passenger car market is constantly undergoing changes in terms of technological development. These upgrades are primarily driven by the dynamic nature of emission regulations, fuel efficiency standards, safety standards, and the pressure to decrease production costs. 

Get a glance at the market contribution of various segments Request a PDF Sample

The passenger car segment was valued at USD 30.57 billion in 2017 and continued to grow until 2021.  A passenger car makes use of a significant number of interior electronics to provide comforts, such as lighting, heating, air conditioning, and audio systems. The battery also acts as a source for starting the vehicle. In addition, they are used to power electric vehicles. As the demand for battery electric vehicles increases worldwide due to emission norms, policies, and incentives provided by governments, the demand for batteries will rise during the forecast period. It is estimated that by 2030, there will be a requirement of 2,700 Gigawatt hour worth of lithium-ion batteries a year. All these factors will drive the demand for batteries, and the global market for the passenger vehicle segment will witness steady growth during the forecast period.

Which are the Key Regions for the Automotive Batteries Market?

For more insights on the market share of various regions Request PDF Sample now!

APAC is estimated to contribute 55% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

China, India, and Japan are the major markets in APAC that account for most of the sales of the vehicles. The production of such batteries in APAC depends on the production and sales of passenger cars and commercial vehicles and the rising demand for export-oriented production of automotive components. Furthermore, lower wages, the ready availability of human resources, the availability of raw materials and associated transportation services, and the lower value of local currency further drive the manufacturing industry in these countries.

The primary drivers for the growth include the increasing disposable income and the launches of new car models by OEMs. Moreover, APAC has the maximum number of potential first-time buyers of passenger cars, which is also leading to growth in the sales of passenger cars, which, in turn, is driving the market.

In 2020, the automotive battery market in APAC witnessed certain challenges owing to the COVID-19 outbreak. However, the lifting of travel restrictions, the resumption of operations in the manufacturing sector, and the initiation of large-scale COVID-19 vaccination drives in 2021 increased the demand for these batteries. Additionally, the increasing penetration of renewable energy in the energy mix is expected to play a major role in the growth of the regional market during the forecast period. Therefore, such factors will drive the growth of the regional market during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by Vehicle Type (Passenger cars and Commercial vehicles), Channel (OEM and Aftermarket), and Geography (APAC, North America, Europe, South America, and Middle East and Africa).

  • Vehicle Type Outlook (USD Billion, 2017 - 2027)
    • Passenger cars
    • Commercial vehicles
  • Channel Outlook (USD Billion, 2017 - 2027)
    • OEM
    • Aftermarket
  • Region Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Automotive Batteries Market Scope

Report Coverage

Details

Page number

173

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 17.75%

Market growth 2023-2027

USD 89.21 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

16.01

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 55%

Key countries

US, China, Japan, India, and Germany

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

A123 Systems LLC, Amara Raja Group, Clarios, Crown Battery Manufacturing Co., East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., Furukawa Electric Co. Ltd., GS Yuasa Corp., HBL Power Systems Ltd., Hitachi Ltd., Leoch International Technology Ltd., LG Corp., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung SDI Co. Ltd., Shandong Sacred Sun Power Sources Co. Ltd., TotalEnergies SE, Montana Tech Components AG, and Toshiba Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Automotive Batteries Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the automotive batteries market between 2023 and 2027
  • Precise estimation of the automotive batteries market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the industry across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of automotive batteries market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Vehicle Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global automotive batteries market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global automotive batteries market 2017 - 2021 ($ billion)
    • 4.2 Vehicle type Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Vehicle type Segment 2017 - 2021 ($ billion)
    • 4.3 Channel Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Channel Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Vehicle Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Vehicle Type - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Vehicle Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Vehicle Type
      • Exhibit 32: Chart on Comparison by Vehicle Type
      • Exhibit 33: Data Table on Comparison by Vehicle Type
    • 6.3 Passenger cars - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Passenger cars - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Passenger cars - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Passenger cars - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Passenger cars - Year-over-year growth 2022-2027 (%)
    • 6.4 Commercial vehicles - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Commercial vehicles - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Commercial vehicles - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Vehicle Type
      • Exhibit 42: Market opportunity by Vehicle Type ($ billion)

    7 Market Segmentation by Channel

    • 7.1 Market segments
      • Exhibit 43: Chart on Channel - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Channel - Market share 2022-2027 (%)
    • 7.2 Comparison by Channel
      • Exhibit 45: Chart on Comparison by Channel
      • Exhibit 46: Data Table on Comparison by Channel
    • 7.3 OEM - Market size and forecast 2022-2027
      • Exhibit 47: Chart on OEM - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Data Table on OEM - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Chart on OEM - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on OEM - Year-over-year growth 2022-2027 (%)
    • 7.4 Aftermarket - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Aftermarket - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Data Table on Aftermarket - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Chart on Aftermarket - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Aftermarket - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Channel
      • Exhibit 55: Market opportunity by Channel ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 59: Chart on Geographic comparison
      • Exhibit 60: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 81: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 82: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 83: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 India - Market size and forecast 2022-2027
      • Exhibit 97: Chart on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 98: Data Table on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 99: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 101: Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 104: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 105: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 106: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 107: Matrix on vendor position and classification
            • 12.3 A123 Systems LLC
              • Exhibit 108: A123 Systems LLC - Overview
              • Exhibit 109: A123 Systems LLC - Product / Service
              • Exhibit 110: A123 Systems LLC - Key offerings
            • 12.4 Amara Raja Group
              • Exhibit 111: Amara Raja Group - Overview
              • Exhibit 112: Amara Raja Group - Business segments
              • Exhibit 113: Amara Raja Group - Key offerings
              • Exhibit 114: Amara Raja Group - Segment focus
            • 12.5 Clarios
              • Exhibit 115: Clarios - Overview
              • Exhibit 116: Clarios - Product / Service
              • Exhibit 117: Clarios - Key news
              • Exhibit 118: Clarios - Key offerings
            • 12.6 Crown Battery Manufacturing Co.
              • Exhibit 119: Crown Battery Manufacturing Co. - Overview
              • Exhibit 120: Crown Battery Manufacturing Co. - Product / Service
              • Exhibit 121: Crown Battery Manufacturing Co. - Key offerings
            • 12.7 East Penn Manufacturing Co. Inc.
              • Exhibit 122: East Penn Manufacturing Co. Inc. - Overview
              • Exhibit 123: East Penn Manufacturing Co. Inc. - Product / Service
              • Exhibit 124: East Penn Manufacturing Co. Inc. - Key news
              • Exhibit 125: East Penn Manufacturing Co. Inc. - Key offerings
            • 12.8 EnerSys
              • Exhibit 126: EnerSys - Overview
              • Exhibit 127: EnerSys - Business segments
              • Exhibit 128: EnerSys - Key news
              • Exhibit 129: EnerSys - Key offerings
              • Exhibit 130: EnerSys - Segment focus
            • 12.9 Exide Industries Ltd.
              • Exhibit 131: Exide Industries Ltd. - Overview
              • Exhibit 132: Exide Industries Ltd. - Product / Service
              • Exhibit 133: Exide Industries Ltd. - Key offerings
            • 12.10 Furukawa Electric Co. Ltd.
              • Exhibit 134: Furukawa Electric Co. Ltd. - Overview
              • Exhibit 135: Furukawa Electric Co. Ltd. - Business segments
              • Exhibit 136: Furukawa Electric Co. Ltd. - Key news
              • Exhibit 137: Furukawa Electric Co. Ltd. - Key offerings
              • Exhibit 138: Furukawa Electric Co. Ltd. - Segment focus
            • 12.11 GS Yuasa Corp.
              • Exhibit 139: GS Yuasa Corp. - Overview
              • Exhibit 140: GS Yuasa Corp. - Business segments
              • Exhibit 141: GS Yuasa Corp. - Key news
              • Exhibit 142: GS Yuasa Corp. - Key offerings
              • Exhibit 143: GS Yuasa Corp. - Segment focus
            • 12.12 Hitachi Ltd.
              • Exhibit 144: Hitachi Ltd. - Overview
              • Exhibit 145: Hitachi Ltd. - Business segments
              • Exhibit 146: Hitachi Ltd. - Key news
              • Exhibit 147: Hitachi Ltd. - Key offerings
              • Exhibit 148: Hitachi Ltd. - Segment focus
            • 12.13 LG Corp.
              • Exhibit 149: LG Corp. - Overview
              • Exhibit 150: LG Corp. - Business segments
              • Exhibit 151: LG Corp. - Key offerings
              • Exhibit 152: LG Corp. - Segment focus
            • 12.14 Panasonic Holdings Corp.
              • Exhibit 153: Panasonic Holdings Corp. - Overview
              • Exhibit 154: Panasonic Holdings Corp. - Business segments
              • Exhibit 155: Panasonic Holdings Corp. - Key news
              • Exhibit 156: Panasonic Holdings Corp. - Key offerings
              • Exhibit 157: Panasonic Holdings Corp. - Segment focus
            • 12.15 Robert Bosch GmbH
              • Exhibit 158: Robert Bosch GmbH - Overview
              • Exhibit 159: Robert Bosch GmbH - Business segments
              • Exhibit 160: Robert Bosch GmbH - Key offerings
              • Exhibit 161: Robert Bosch GmbH - Segment focus
            • 12.16 Toshiba Corp.
              • Exhibit 162: Toshiba Corp. - Overview
              • Exhibit 163: Toshiba Corp. - Business segments
              • Exhibit 164: Toshiba Corp. - Key offerings
              • Exhibit 165: Toshiba Corp. - Segment focus
            • 12.17 TotalEnergies SE
              • Exhibit 166: TotalEnergies SE - Overview
              • Exhibit 167: TotalEnergies SE - Business segments
              • Exhibit 168: TotalEnergies SE - Key news
              • Exhibit 169: TotalEnergies SE - Key offerings
              • Exhibit 170: TotalEnergies SE - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 171: Inclusions checklist
                • Exhibit 172: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 173: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 174: Research methodology
                • Exhibit 175: Validation techniques employed for market sizing
                • Exhibit 176: Information sources
              • 13.5 List of abbreviations
                • Exhibit 177: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              automotive batteries market

              QUICK BUY

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis