Global Automotive lead-acid battery market is estimated to grow with approx.4.40% CAGR during the year 2018 – 2026. The base year considered for the study is 2017 and the forecast period is 2018-2026. Global Automotive lead-acid battery market is primarily driven by the following factors:

• Surge in automotive sales
• Lead acid batteries strikes the right balance of cost and effectiveness
• Rising demand for battery-powered vehicles
• Recycling of the battery gives it an advantage over other competing products
• Growing popularity of start/stop systems in the automotive sector

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The important driver increasing growth in the global Automotive lead-acid battery market is the surge in automotive sales. The automotive sector is one of the key end-user of the lead-acid batteries. These lead acid batteries are stationary lead acid batteries that are used in automotive for SLI (Starting, Lightening and ignition) and MLA (Motive Lead Acid batteries). They are also used in railroad, mining, and heavy duty equipment’s. The United States was the global leader in total automobile production for many decades. However, at present,  China is the largest producer of motor vehicles.

An SLI battery is a lead-acid rechargeable battery that is majorly used in automobiles. SLI means starting, lighting, and ignition; these 3 processes all consume energy, which is supplied by the battery of vehicles. The SLI battery is mainly created for automobiles, and it is always installed along with the vehicle’s charging system so that there is a continuous cycle of discharge and charge in the battery whenever the vehicle is in use. Nominal capacity is an important specification of an SLI battery. This is termed as Amp-hours available when the battery gets discharged from 100% state of charge to the empty state of the battery. SLI batteries are mostly used for short bursts of power; for example- during starting the engine or running light electrical loads. The rising production of light commercial vehicles, passenger cars, trucks, buses, coaches and minibuses across the world leads to an increase in demand for Starting Lightning and Ignition (SLI) batteries.

High levels of lead and sulfuric acid and stringent government regulations are the major factors hindering the Automotive lead-acid battery market. Although a lead-acid battery is the conventional rechargeable battery used on a large scale automotive, it still has various adverse effects on humans as well as the environment. The lead-acid battery is made up of lead, which is a highly toxic metal.  Also, its electrolytes are made up of approximately 36% sulphuric acid, which is a highly corrosive acid.  Both of these elements together are harmful to the humans, and they cause various disorders, a fact, which is restricting the growth of the global automotive lead acid battery market.

The Global Automotive Lead-Acid Battery Market segments include type, products, customer segment and end user.

Type are segmented into:

• Flooded Batteries
• Enhanced Flooded Batteries
• VRLA Batteries

Products are segmented into:

• SLI Batteries
• Micro Hybrid Batteries

Customer Segments include:

• OEM Batteries
• Aftermarket Batteries

End –users are segmented into:

• Passenger Car
• LCVs and HCVs
• Two Wheelers
• Three Wheelers

The report scope is widely categorized on the basis of its components which includes products and types. Moreover, the market revenue estimates and forecast includes only Automotive lead-acid battery systems and excludes other types of automotive batteries.

Geographically, the Global Automotive Lead Acid Battery Market has been segmented on the basis of four major regions, which includes:

• Automotive Lead Acid Battery North America Market – U.S. & Canada
• Automotive Lead Acid Battery Asia Pacific Market – China, India, Japan, Australia, RoAPAC
• Automotive Lead Acid Battery Europe Market – UK, France, Germany, Spain, RoE
• Rest of World – Latin America and Middle East & Africa

The Asia Pacific automotive lead-acid battery market is anticipated to account for the largest market share during the forecast period. The Asia-Pacific market is mainly driven by the increasing demand for electric vehicles in China, along with the dominant market share of the country in the Automotive sector. China is the largest Automobile producing country across the globe which includes the production and manufacturing of both the commercial as well as passenger vehicles. The Automobile lead-acid battery has also been on the upsurge in India. The country’s sales of the Two-wheeler vehicles surpassed those of China’s in the year 2015. The Lead-acid batteries have their pivotal utility in the SLI (Starting lighting and ignition) of the two-wheeled vehicles.

The Automotive lead-acid battery market is segmented  on the basis of types which include flooded batteries, enhanced flooded batteries and VRLA batteries,; on the basis of products which are sub-divided into SLI batteries and Micro-Hybrid Batteries, and is also segmented on the basis  of end-users which are sub-divided into passenger cars, LCVs and HCVs, two wheelers and three wheelers.  On the basis of customer segment, the market is divided into OEM batteries and aftermarket batteries.

The major market players in the Global Automotive Lead-Acid Battery Market are:

• JOHNSON CONTROLS
• GS YUSUA
• EXIDE TECHNOLOGIES
• ENERSYS
• EAST PENN MANUFACTURING
• OTHERS

Company Profiles covers analysis of important players

These companies are using organic and inorganic strategies for growth. For instance, in September 2016, U.S Department of Energy’s Argonne National Laboratory and two leading lead-acid battery companies, East Penn manufacturing and RSR technologies have collaborated to accelerate the research on lead-acid batteries in order to improve their performance. In February 2017, Johnson Controls signed a partnership agreement with Aqua Metals to cover Europe, North America, and China for a clean industrialized process of lead-acid recycling batteries. This initiative provides a tremendous step for Johnson Controls, towards future opportunity to work with the global leader Aqua Metals in automotive battery manufacturing.

Key Findings of the Global Automotive Lead-Acid Battery Market.

• Surge in automotive sales and rising demand for battery-powered vehicles is fueling growth in the Global Automotive Lead-Acid Battery Market.
• Asia Pacific is anticipated to account for the largest revenue share in 2017.
• SLI Batteries segment is dominating the market due to its excessive use in two-wheelers
• Increasing government support
• Product launch is the key strategy adopted by various market players of the Global Automotive Lead Acid Battery Market.
• Passenger cars sector is a major end-user segment.