India Automotive Lead Acid Battery Market Outlook, 2027-28

India Automotive Lead Acid Battery market has grown with a CAGR of more than 10% by 2027. This report consist industry trends and major growing factors.

Featured Companies

  • 1. Amara Raja Batteries Limited
  • 2. Artheon Electronics Private Limited
  • 3. Base Corporation Limited
  • 4. Exide Industries Limited
  • 5. HBL Power System Limited
  • 6. Luminous Power Technologies Private Limited
  • More...

India Automotive Lead Acid Battery Market Outlook, 2027-28' gives a comprehensive analysis on the automotive lead acid battery industry of India. The market has observed a consistency in last five years and is expected to continue growing in next few years. Automotive manufacture comprises the production of two wheelers, three wheelers, commercial and passenger vehicles, truck, tractor, etc.The major causes for the growth are disposable income is increasing, India has the most number of young population in the world, increase in tourism industry, demonetization, GST, etc.

India Automotive Lead Acid Battery market has grown with a CAGR of more than 10% in the review period of FY 2022-23 to FY 2027-28. The period has witnessed the growth of replacement lead acid battery market and the consumers will be shifting from unorganized players to organized player for replacement battery market. The major reason for so is the high economic development of India which has resulted in higher purchasing power to Indian consumer, organized player like Exide is coming up with low price product to give competition to unorganized products. The replacement lead acid battery market is dominating the lead acid battery market with more than 70% market share. The duology of Exide Industries Limited and Amara Raja Batteries Limited, together share market share of more than 50% of total automotive lead acid battery market.

Automotive industry expansion, growing research and technological advancement in the electrical vehicles further aid the growth of the India battery market in the upcoming five years. India has one of the largest automobile markets in the world. Rising population of the country and growing demands for the ownership of the vehicles is also expected to add the growth of the India battery market.

Lead acid batteries are predominantly used as a SLI battery in automobiles. The growing automotive production and sales and increasing vehicle parc are directly impacting the market. Lead acid batteries are economical as compared to other batteries and provide optimal solution to end users.

The automotive lead acid battery market had faced various challenges from concerns pertaining to gassing of the battery leads to safety problems and water loss from electrolyte. Manufacturers have either upgraded or are in process of upgrading their products to enhance the efficiency of lead acid batteries. This will not only help mitigating key concerns among consumers but will also offer improved corrosion-resistance, and extended battery life. Some of the leading manufacturers have already launched corrosion-free lead acid batteries and several others are likely to follow suit to keep pace with the dynamic market environment.

India automotive lead acid battery market witnessed significant growth in recent years owing to its cost-effectiveness and high recyclability. The main drivers for lead acid battery in India are raising urbanization and increased focus on EVs by the government. Although, Covid-19 outbreak resulted in a significant decline in lead acid market on the back of the falling commercial sector in India during 2020 and the decline in automobile production..

Growing advancement in technology coupled with the strengthening of the telecommunication sector is adding to the Lead Acid Battery Industry in India. Moreover, the growing energy generation and rising demand for its storage are also the key factors fostering the growth of the market.

Covered in the report:
• Automotive lead acid battery
• Two wheeler
• Three wheeler
• Commercial vehicle
• Motive Power

How it will help solving your strategic decision-making process??

The reports give an in-depth understanding of the automotive lead acid battery market in India and consist of:
- India Lead Acid Battery Market By value.
- India Automotive Lead Acid Battery Market By Value.
- India Automotive Lead Acid Battery Market By Volume.
- India Automotive Lead Acid Battery Market Share By Type.
- India Automotive Lead Acid Battery Market Share By Industry.
- India Automotive Lead Acid Battery Market Share By Company.
- India Two Wheeler OEM & Replacement Battery Market By Value & Volume.
- India Three Wheeler OEM & Replacement Battery Market By Value & Volume.
- India Tractor OEM& Replacement Battery Market By Value & Volume.
- India Passenger Vehicle OEM & replacement Battery Market By Value & Volume
- India Commercial OEM & replacement Battery Market By value & Volume

This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Report Methodology
The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of automotive lead acid battery products in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.



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Prashant Tiwari

Prashant Tiwari

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Prashant Tiwari

Companies Mentioned

  • Amara Raja Batteries Limited
  • Artheon Electronics Private Limited
  • Base Corporation Limited
  • Exide Industries Limited
  • HBL Power System Limited
  • Luminous Power Technologies Private Limited
  • Okaya Power Group
  • Southern Batteries Private Limited
  • Su-kam Power Systems Limited
  • TATA Autocomp EY Batteries Private Limited
  • Jayachandran Industries Private Limited
  • Microtex Energy Private Limited
  • Livguard Energy Technologies Private Limited

Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 2.7. India Macro Economic Indicators
  • 2.8. Demographics Insight
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. India Lead Acid Market Outlook
  • 4.1. Market Size By Value
  • 4.2. Market Share
  • 4.2.1. By Type
  • 4.2.2. By Segment
  • 5. India Automotive Lead Acid Battery Market Outlook
  • 5.1. Market Size
  • 5.1.1. By Value
  • 5.1.2. By Volume
  • 5.2. Market Share
  • 5.2.1. By Type
  • 5.2.2. By Industry
  • 5.2.3. By Company
  • 6. India Automotive OEM Battery Market Outlook
  • 6.1. Market Size
  • 6.1.1. By Value
  • 6.1.2. By Volume
  • 6.1.3. Market Share By Industry
  • 7. India Automotive Replacement Battery Market Outlook
  • 7.1. Market Size
  • 7.1.1. By Value
  • 7.1.2. By Volume
  • 7.1.3. Market Share By Industry
  • 8. Two Wheeler OEM and Replacement Battery Market Outlook
  • 8.1. Market Size
  • 8.1.1. By Value
  • 8.1.2. By Volume
  • 9. Three Wheeler OEM and Replacement Battery Market Outlook
  • 9.1. Market Size
  • 9.1.1. By Value
  • 9.1.2. By Volume
  • 10. Passenger Vehicle OEM and Replacement Battery Market Outlook
  • 10.1. Market Size
  • 10.1.1. By Value
  • 10.1.2. By Volume
  • 11. Commercial Vehicle OEM and Replacement Battery Market Outlook
  • 11.1. Market Size
  • 11.1.1. By Value
  • 11.1.2. By Volume
  • 12. Tractor OEM and Replacement Battery Market Outlook
  • 12.1. Market Size
  • 12.1.1. By Value
  • 12.1.2. By Volume
  • 13. E-rickshaw OEM and Replacement Battery Market Outlook
  • 13.1. Market Size
  • 13.1.1. By Value
  • 13.1.2. By Volume
  • 14. Motive OEM and Replacement Battery Market Outlook
  • 14.1. Market Size
  • 14.1.1. By Value
  • 14.1.2. By Volume
  • 15. Other OEM and Replacement Battery Market Outlook
  • 15.1. Market Size
  • 15.1.1. By Value
  • 15.1.2. By Volume
  • 16. Product Price & Variant Analysis
  • 17. PEST analysis
  • 18. Trade Dynamics
  • 18.1. Import
  • 18.2. Export
  • 19. Market Dynamics
  • 19.1. Drivers
  • 19.2. Challenges
  • 20. Market Trends & Developments
  • 20.1. Electrical Batteries for Renewable Energy
  • 20.2. Increasing Focus On Electric Vehicles
  • 20.3. Increasing Automotive sector
  • 20.4. Performance Enhanced Through Technological Advancements
  • 21. Competitive Landscape
  • 21.1. Porter`s Five Forces
  • 21.2. Company Profiles
  • 21.2.1. Exide Industries Limited
  • 21.2.1.1. Company Snapshot
  • 21.2.1.2. Company Overview
  • 21.2.1.3. Financial Highlights
  • 21.2.1.4. Geographic Spread and Distribution network
  • 21.2.1.5. Business Segment & Performance
  • 21.2.1.6. Product Portfolio
  • 21.2.1.7. Key Executives
  • 21.2.1.8. Strategic Moves & Developments
  • 21.2.2. Amara Raja Batteries Limited
  • 21.2.3. Luminous Power Technologies Limited
  • 21.2.4. HBL Power System Limited
  • 21.2.5. Su-kam Power Systems Limited
  • 21.2.6. Okaya Power Private Limited
  • 21.2.7. TATA Autocomp EY Batteries Private Limited
  • 21.2.8. Base Corporation Limited
  • 21.2.9. Southern Batteries Private Limited
  • 21.2.10. Artheon Electronics Private Limited Company Snapshot
  • 22. Strategic Recommendation’s
  • 23. Disclaimer

List of Table
Table 1: India Tier-wise Classification Of Cities
Table 2: India Region-wise Classification Of Cities
Table 3: India Lead Acid market Share By Segment (2016-17, 2021-22 & 2027-28F)
Table 4: India Automotive Lead Acid Battery market Share By Product Type (2016-17, 2021-22 & 2027-28F)
Table 5: India Frozen Food market Share By Company (2016-17, 2021-22 & 2027-28F)
Table 6: India Automotive OEM Acid Battery market Share By Product Type (2016-17, 2021-22 & 2027-28F)
Table 7: India Automotive Replacement Battery market Share By Product Type (2016-17, 2021-22 & 2027-28F)
Table 8: HS Code for Automotive Lead Acid Battery Market in India 2021
Table 9: Import Duty Structure for HS Code XXXX in India 2021
Table 10: Import of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 11: Import of HS Code XXXX in India - By Country By Value &Volume Share 2021-22
Table 12: Export of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 13: Export of HS Code XXXX in India - By Country By Value &Volume Share 2021-22

List of Figures
Figure 1: India Population 2017-2021( In Crore)
Figure 2: India Population Age Structure (EST. 2019)
Figure 3: India Urban VS Rural (Crore)
Figure 4: India Lead Acid Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 5: India Lead Acid Market Share By Value, By Type , (2016-17, 2021-22 & 2027-28F)
Figure 6: India Automotive Lead Acid Battery Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 7: India Automotive Lead Acid Battery Market Size By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 8: India Automotive Lead Acid Battery Market Share By Value, By Type , (2016-17, 2021-22 & 2027-28F)
Figure 9: India Automotive OEM Battery Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 10: India Automotive OEM Battery Market Size By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 11: India Automotive Replacement Battery Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 12: India Automotive Replacement Battery Market Size By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 13: India Two Wheeler OEM and Replacement Battery Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 14: India Two Wheeler OEM and Replacement Battery Market Size By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 15: Three Wheeler OEM and Replacement Battery Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 16: Three Wheeler OEM and Replacement Battery Market Size By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 17: Passenger Vehicle OEM and Replacement Battery Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 18: Passenger Vehicle OEM and Replacement Battery Market Size By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 19: Commercial Vehicle OEM and Replacement Battery Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 20: Commercial Vehicle OEM and Replacement Battery Market Size By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 21: Tractor OEM and Replacement Battery Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 22: Tractor OEM and Replacement Battery Market Size By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 23: E-rickshaw OEM and Replacement Battery Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 24: E-rickshaw OEM and Replacement Battery Market Size By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 25: Motive OEM and Replacement Battery Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 26: Motive OEM and Replacement Battery Market Size By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 27: Other OEM and Replacement Battery Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 28: Other OEM and Replacement Battery Market Size By Volume 2016-17 to 2027-28F (in Billion Liters)
Figure 29: Porter's Five Forces of India Automotive Lead Acid Battery Market

Feed Phosphate Market Research FAQs

The expected Market Size of the Indian Automotive lead Acid Battery market to grow during the forecast period is around INR 50,000 Crore.

The Indian Automotive Lead Acid Battery market is segmented into two parts: Automotive OEM and Automotive Replacement. The automotive Replacement segment leads the market and is expected to continue its domination.

The Industry-wise breakup of the India Automotive Lead Acid Battery market is, 2Wheelers, 3Wheelers, 4Wheelers, Commercial, Tractor, Motive, and E-rickshaw. 2Wheelers and 4Wheelers together hold more than 80% of the market share.

The key players in Indian Automotive Lead Acid Battery Market are Exide, Amara Raja, Luminous, TATA Green, Okaya, HBL, and Su-Kam.

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India Automotive Lead Acid Battery Market Outlook, 2027-28

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