Goldstein Research
Date of publication: 06 September 2019
Automotive Lead Acid Battery Market to Reach USD 33.5 bn by 2024 according to Goldstein Research
Asia Pacific region accounted for the largest market share of about 35% in terms of revenue owing to huge automotive and electric vehicle industry in the region
According to Goldstein Research, global automotive lead acid battery market is expected to reach USD 33.5 billion by 2024, growing at a CAGR of 4.5% over the forecast period 2016-2024. The demand for eco-friendly and fuel efficient vehicles along with the growth of automotive industry together is driving the growth of the market. Global automotive lead acid battery market segmentation has been done on the basis of product type, vehicle type, distribution channel and geography. Passenger cars accounted for largest share of 42% in 2016, and over the forecast period it is expected to continue its dominance. Global market is largely dominated by Asia-Pacific region with a revenue share of about 35.0%. Africa and South East Asian countries are anticipated to be the most opportunistic regions. Learn more about Automotive Lead-acid Battery Market @ https://bit.ly/2FVZQrq Market Segmentation On the basis of our in-depth analysis, Global Automotive Lead Acid Battery Market can be segmented as follows:

· By Product Type

o Flooded Batteries o Enhanced Flooded Batteries o VRLA Batteries

· By Vehicle Type

o Passenger Cars o LCVs/HCVs o Two Wheelers o Three Wheelers

· By Distribution Channel

o OEMs (Original Equipment Manufacturers) o Aftermarket

· By Region

o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)} o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} “Global Automotive Lead Acid Battery Market Outlook 2024” by Goldstein Research contains detailed overview of the global automotive lead acid battery market.Further, for the in-depth analysis, it encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Exide Technologies, Johnson Controls International plc., Panasonic, Robert Bosch, Haldex Incorporated, ZF TRW Automotive Holdings Corporation, Hitachi Ltd., EnerSys, Furukawa Electric Co. Ltd., Leoch International Tech, GS Yuasa Corporation, Crown Battery Manufacturing Company, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global automotive lead acid battery market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. Get market report sample @ https://bit.ly/2m27I1l Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts are working on automotive reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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