Global Automotive Starting Battery Market Growth 2024-2030
The Automotive Starting Battery market was valued at USD 23.54 Billion in 2023, with a growing trend due to the increasing demand for automobiles.
- Bonafide Trust
- 31-05-2024
- Pages : 79
- Figures : 79
- Tables : 177
- Region : Global
- Category : Automotive & Transport
- Automotive Parts
According to our publisher’s latest study, the global Automotive Starting Battery market size was valued at US$ 23540 million in 2023. With growing demand in downstream market, the Automotive Starting Battery is forecast to a readjusted size of US$ 29790 million by 2030 with a CAGR of 3.4% during review period.
The research report highlights the growth potential of the global Automotive Starting Battery market. Automotive Starting Battery are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Automotive Starting Battery. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Automotive Starting Battery market.
Automotive Starting Battery is an automotive battery that powers the starter motor, mainly in combustion vehicles. Automotive Starting Battery is usually lead-acid type, and is made of six galvanic cells connected in series to provide a nominally 12-volt system.
EU is the largest Automotive Starting Battery market with about 26% market share. China is follower, accounting for about 22% market share.
The key players are Johnson Controls, Exide Technologies, GS Yuasa, Sebang, Atlasbx, East Penn, Amara Raja, FIAMM, ACDelco, Bosch, Hitachi, Banner, MOLL, Camel, Fengfan, Chuanxi, Ruiyu, Jujiang, Leoch, Wanli etc. Top 3 companies occupied about 30% market share.
Key Features:
The report on Automotive Starting Battery market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Automotive Starting Battery market. It may include historical data, market segmentation by Type (e.g., Maintenance-free Battery, Conventional Battery), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Automotive Starting Battery market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Market Drivers:
Increasing demand for electric vehicles: The growing adoption of electric vehicles is driving the demand for automotive starting batteries, as they require high-performance batteries to start the engine and power the electrical systems.
Stringent emission regulations: Governments worldwide are implementing stricter emission regulations, encouraging the adoption of electric vehicles and hybrid vehicles, which rely on high-performance batteries.
Advancements in battery technology: Improvements in battery technology have led to the development of more efficient and cost-effective batteries, making them more viable for use in vehicles.
Growing demand for comfort and convenience features: The increasing demand for comfort and convenience features in vehicles, such as start-stop technology and advanced infotainment systems, is driving the demand for high-performance batteries.
Rising demand for hybrid and electric vehicles in emerging markets: The growth of the automotive industry in emerging markets, such as China and India, is driving the demand for hybrid and electric vehicles, which require high-performance batteries.
Market Challenges:
High cost of battery production: The high cost of battery production is a significant challenge for the automotive starting battery market, as it affects the overall cost of the vehicle.
Limited recycling infrastructure: The lack of recycling infrastructure for batteries is a challenge, as it makes it difficult to recycle and reuse batteries, leading to waste and environmental concerns.
Safety concerns: Safety concerns related to battery fires and explosions are a major challenge for the industry, as they can have serious consequences for vehicle occupants and the environment.
Competition from alternative power sources: The increasing adoption of alternative power sources, such as solar and wind power, is a challenge for the automotive starting battery market, as it reduces the demand for traditional batteries.
Environmental concerns: Environmental concerns related to battery production, disposal, and recycling are a challenge for the industry, as they can have a negative impact on the environment and human health.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Automotive Starting Battery market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Automotive Starting Battery industry. This include advancements in Automotive Starting Battery technology, Automotive Starting Battery new entrants, Automotive Starting Battery new investment, and other innovations that are shaping the future of Automotive Starting Battery.
The global automotive starting battery market is witnessing significant technological advancements, driven by the increasing demand for electric vehicles, hybrid vehicles, and start-stop technology. Some of the key technological developments in the global automotive starting battery market include:
Lithium-Ion Batteries: Lithium-ion batteries are gaining popularity in the automotive industry due to their high energy density, long lifespan, and fast charging capabilities. They are used in electric vehicles, hybrid vehicles, and start-stop systems.
Solid-State Batteries: Solid-state batteries are a new type of battery that replaces the liquid electrolyte with a solid material, making them safer and more efficient. They are expected to play a significant role in the future of electric vehicles.
Nickel-Metal Hydride (NiMH) Batteries: NiMH batteries are used in hybrid vehicles and are known for their high energy density and long lifespan.
Lead-Acid Batteries: Lead-acid batteries are the most widely used type of battery in the automotive industry, but they are being replaced by more advanced technologies.
Start-Stop Technology: Start-stop technology is a system that shuts off the engine when the vehicle is idling and restarts it when the driver is ready to move again. This technology helps to reduce fuel consumption and emissions.
Regenerative Braking: Regenerative braking is a technology that captures the kinetic energy generated during braking and converts it into electrical energy, which is stored in the battery.
Advanced Battery Management Systems (BMS): BMS is a critical component of modern electric vehicles, as it manages the charging and discharging of the battery, ensuring optimal performance and longevity.
Wireless Charging: Wireless charging technology is being developed for electric vehicles, allowing drivers to charge their vehicles without the need for cables.
High-Voltage Batteries: High-voltage batteries are being developed for electric vehicles, which can provide higher energy density and longer driving ranges.
Recycling and Repurposing: The automotive industry is focusing on recycling and repurposing of batteries to reduce waste and minimize environmental impact.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Automotive Starting Battery market. It includes factors influencing customer ' purchasing decisions, preferences for Automotive Starting Battery product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Automotive Starting Battery market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Automotive Starting Battery market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Automotive Starting Battery market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Automotive Starting Battery industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Automotive Starting Battery market.
The global automotive starting battery market is expected to witness significant growth in the coming years, driven by the increasing demand for electric vehicles, hybrid vehicles, and start-stop technology. Here are some recommendations and opportunities in the market:
Recommendations:
Invest in Research and Development: Companies should invest in R&D to develop more efficient and sustainable battery technologies, such as lithium-ion and sodium-ion batteries.
Diversify Product Portfolio: Automotive starting battery manufacturers should diversify their product portfolio to cater to the growing demand for electric and hybrid vehicles.
Focus on Sustainability: Companies should focus on sustainable manufacturing practices and reduce their environmental impact to meet the growing demand for eco-friendly products.
Develop Advanced Battery Management Systems: Companies should develop advanced battery management systems to improve the performance and lifespan of automotive starting batteries.
Partnerships and Collaborations: Companies should form partnerships and collaborations with other industry players to share knowledge, resources, and expertise.
Opportunities:
Growing Demand for Electric Vehicles: The increasing demand for electric vehicles is expected to drive the growth of the automotive starting battery market.
Start-Stop Technology: The adoption of start-stop technology in vehicles is expected to increase the demand for automotive starting batteries.
Hybrid Vehicles: The growing demand for hybrid vehicles is expected to create opportunities for automotive starting battery manufacturers.
Increasing Demand for Sustainable Energy: The increasing demand for sustainable energy is expected to drive the growth of the automotive starting battery market.
Emerging Markets: The emerging markets, such as China, India, and Brazil, are expected to provide opportunities for automotive starting battery manufacturers.
Market Segmentation:
Automotive Starting Battery market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Maintenance-free Battery
Conventional Battery
Segmentation by application
OEMs
Aftermarket
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Johnson Controls
Exide Technologies
GS Yuasa
Sebang
Atlasbx
East Penn
Amara Raja
FIAMM
ACDelco
Bosch
Hitachi
Banner
MOLL
Camel
Fengfan
Chuanxi
Ruiyu
Jujiang
Leoch
Wanli
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Starting Battery market?
What factors are driving Automotive Starting Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Starting Battery market opportunities vary by end market size?
How does Automotive Starting Battery break out type, application?
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Table of Contents
- 1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Years Considered
- 1.3 Research Objectives
- 1.4 Market Research Methodology
- 1.5 Research Process and Data Source
- 1.6 Economic Indicators
- 1.7 Currency Considered
- 1.8 Market Estimation Caveats
- 2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Automotive Starting Battery Annual Sales 2019-2030
- 2.1.2 World Current & Future Analysis for Automotive Starting Battery by Geographic Region, 2019, 2023 & 2030
- 2.1.3 World Current & Future Analysis for Automotive Starting Battery by Country/Region, 2019, 2023 & 2030
- 2.2 Automotive Starting Battery Segment by Type
- 2.2.1 Maintenance-free Battery
- 2.2.2 Conventional Battery
- 2.3 Automotive Starting Battery Sales by Type
- 2.3.1 Global Automotive Starting Battery Sales Market Share by Type (2019-2024)
- 2.3.2 Global Automotive Starting Battery Revenue and Market Share by Type (2019-2024)
- 2.3.3 Global Automotive Starting Battery Sale Price by Type (2019-2024)
- 2.4 Automotive Starting Battery Segment by Application
- 2.4.1 OEMs
- 2.4.2 Aftermarket
- 2.5 Automotive Starting Battery Sales by Application
- 2.5.1 Global Automotive Starting Battery Sale Market Share by Application (2019-2024)
- 2.5.2 Global Automotive Starting Battery Revenue and Market Share by Application (2019-2024)
- 2.5.3 Global Automotive Starting Battery Sale Price by Application (2019-2024)
- 3 Global Automotive Starting Battery by Company
- 3.1 Global Automotive Starting Battery Breakdown Data by Company
- 3.1.1 Global Automotive Starting Battery Annual Sales by Company (2019-2024)
- 3.1.2 Global Automotive Starting Battery Sales Market Share by Company (2019-2024)
- 3.2 Global Automotive Starting Battery Annual Revenue by Company (2019-2024)
- 3.2.1 Global Automotive Starting Battery Revenue by Company (2019-2024)
- 3.2.2 Global Automotive Starting Battery Revenue Market Share by Company (2019-2024)
- 3.3 Global Automotive Starting Battery Sale Price by Company
- 3.4 Key Manufacturers Automotive Starting Battery Producing Area Distribution, Sales Area, Product Type
- 3.4.1 Key Manufacturers Automotive Starting Battery Product Location Distribution
- 3.4.2 Players Automotive Starting Battery Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
- 4 World Historic Review for Automotive Starting Battery by Geographic Region
- 4.1 World Historic Automotive Starting Battery Market Size by Geographic Region (2019-2024)
- 4.1.1 Global Automotive Starting Battery Annual Sales by Geographic Region (2019-2024)
- 4.1.2 Global Automotive Starting Battery Annual Revenue by Geographic Region (2019-2024)
- 4.2 World Historic Automotive Starting Battery Market Size by Country/Region (2019-2024)
- 4.2.1 Global Automotive Starting Battery Annual Sales by Country/Region (2019-2024)
- 4.2.2 Global Automotive Starting Battery Annual Revenue by Country/Region (2019-2024)
- 4.3 Americas Automotive Starting Battery Sales Growth
- 4.4 APAC Automotive Starting Battery Sales Growth
- 4.5 Europe Automotive Starting Battery Sales Growth
- 4.6 Middle East & Africa Automotive Starting Battery Sales Growth
- 5 Americas
- 5.1 Americas Automotive Starting Battery Sales by Country
- 5.1.1 Americas Automotive Starting Battery Sales by Country (2019-2024)
- 5.1.2 Americas Automotive Starting Battery Revenue by Country (2019-2024)
- 5.2 Americas Automotive Starting Battery Sales by Type
- 5.3 Americas Automotive Starting Battery Sales by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Brazil
- 6 APAC
- 6.1 APAC Automotive Starting Battery Sales by Region
- 6.1.1 APAC Automotive Starting Battery Sales by Region (2019-2024)
- 6.1.2 APAC Automotive Starting Battery Revenue by Region (2019-2024)
- 6.2 APAC Automotive Starting Battery Sales by Type
- 6.3 APAC Automotive Starting Battery Sales by Application
- 6.4 China
- 6.5 Japan
- 6.6 South Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 China Taiwan
- 7 Europe
- 7.1 Europe Automotive Starting Battery by Country
- 7.1.1 Europe Automotive Starting Battery Sales by Country (2019-2024)
- 7.1.2 Europe Automotive Starting Battery Revenue by Country (2019-2024)
- 7.2 Europe Automotive Starting Battery Sales by Type
- 7.3 Europe Automotive Starting Battery Sales by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 8 Middle East & Africa
- 8.1 Middle East & Africa Automotive Starting Battery by Country
- 8.1.1 Middle East & Africa Automotive Starting Battery Sales by Country (2019-2024)
- 8.1.2 Middle East & Africa Automotive Starting Battery Revenue by Country (2019-2024)
- 8.2 Middle East & Africa Automotive Starting Battery Sales by Type
- 8.3 Middle East & Africa Automotive Starting Battery Sales by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
- 9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers & Growth Opportunities
- 9.2 Market Challenges & Risks
- 9.3 Industry Trends
- 10 Manufacturing Cost Structure Analysis
- 10.1 Raw Material and Suppliers
- 10.2 Manufacturing Cost Structure Analysis of Automotive Starting Battery
- 10.3 Manufacturing Process Analysis of Automotive Starting Battery
- 10.4 Industry Chain Structure of Automotive Starting Battery
- 11 Marketing, Distributors and Customer
- 11.1 Sales Channel
- 11.1.1 Direct Channels
- 11.1.2 Indirect Channels
- 11.2 Automotive Starting Battery Distributors
- 11.3 Automotive Starting Battery Customer
- 12 World Forecast Review for Automotive Starting Battery by Geographic Region
- 12.1 Global Automotive Starting Battery Market Size Forecast by Region
- 12.1.1 Global Automotive Starting Battery Forecast by Region (2025-2030)
- 12.1.2 Global Automotive Starting Battery Annual Revenue Forecast by Region (2025-2030)
- 12.2 Americas Forecast by Country
- 12.3 APAC Forecast by Region
- 12.4 Europe Forecast by Country
- 12.5 Middle East & Africa Forecast by Country
- 12.6 Global Automotive Starting Battery Forecast by Type
- 12.7 Global Automotive Starting Battery Forecast by Application
- 13 Key Players Analysis
- 13.1 Johnson Controls
- 13.1.1 Johnson Controls Company Information
- 13.1.2 Johnson Controls Automotive Starting Battery Product Portfolios and Specifications
- 13.1.3 Johnson Controls Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.1.4 Johnson Controls Main Business Overview
- 13.1.5 Johnson Controls Latest Developments
- 13.2 Exide Technologies
- 13.2.1 Exide Technologies Company Information
- 13.2.2 Exide Technologies Automotive Starting Battery Product Portfolios and Specifications
- 13.2.3 Exide Technologies Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.2.4 Exide Technologies Main Business Overview
- 13.2.5 Exide Technologies Latest Developments
- 13.3 GS Yuasa
- 13.3.1 GS Yuasa Company Information
- 13.3.2 GS Yuasa Automotive Starting Battery Product Portfolios and Specifications
- 13.3.3 GS Yuasa Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.3.4 GS Yuasa Main Business Overview
- 13.3.5 GS Yuasa Latest Developments
- 13.4 Sebang
- 13.4.1 Sebang Company Information
- 13.4.2 Sebang Automotive Starting Battery Product Portfolios and Specifications
- 13.4.3 Sebang Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.4.4 Sebang Main Business Overview
- 13.4.5 Sebang Latest Developments
- 13.5 Atlasbx
- 13.5.1 Atlasbx Company Information
- 13.5.2 Atlasbx Automotive Starting Battery Product Portfolios and Specifications
- 13.5.3 Atlasbx Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.5.4 Atlasbx Main Business Overview
- 13.5.5 Atlasbx Latest Developments
- 13.6 East Penn
- 13.6.1 East Penn Company Information
- 13.6.2 East Penn Automotive Starting Battery Product Portfolios and Specifications
- 13.6.3 East Penn Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.6.4 East Penn Main Business Overview
- 13.6.5 East Penn Latest Developments
- 13.7 Amara Raja
- 13.7.1 Amara Raja Company Information
- 13.7.2 Amara Raja Automotive Starting Battery Product Portfolios and Specifications
- 13.7.3 Amara Raja Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.7.4 Amara Raja Main Business Overview
- 13.7.5 Amara Raja Latest Developments
- 13.8 FIAMM
- 13.8.1 FIAMM Company Information
- 13.8.2 FIAMM Automotive Starting Battery Product Portfolios and Specifications
- 13.8.3 FIAMM Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.8.4 FIAMM Main Business Overview
- 13.8.5 FIAMM Latest Developments
- 13.9 ACDelco
- 13.9.1 ACDelco Company Information
- 13.9.2 ACDelco Automotive Starting Battery Product Portfolios and Specifications
- 13.9.3 ACDelco Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.9.4 ACDelco Main Business Overview
- 13.9.5 ACDelco Latest Developments
- 13.10 Bosch
- 13.10.1 Bosch Company Information
- 13.10.2 Bosch Automotive Starting Battery Product Portfolios and Specifications
- 13.10.3 Bosch Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.10.4 Bosch Main Business Overview
- 13.10.5 Bosch Latest Developments
- 13.11 Hitachi
- 13.11.1 Hitachi Company Information
- 13.11.2 Hitachi Automotive Starting Battery Product Portfolios and Specifications
- 13.11.3 Hitachi Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.11.4 Hitachi Main Business Overview
- 13.11.5 Hitachi Latest Developments
- 13.12 Banner
- 13.12.1 Banner Company Information
- 13.12.2 Banner Automotive Starting Battery Product Portfolios and Specifications
- 13.12.3 Banner Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.12.4 Banner Main Business Overview
- 13.12.5 Banner Latest Developments
- 13.13 MOLL
- 13.13.1 MOLL Company Information
- 13.13.2 MOLL Automotive Starting Battery Product Portfolios and Specifications
- 13.13.3 MOLL Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.13.4 MOLL Main Business Overview
- 13.13.5 MOLL Latest Developments
- 13.14 Camel
- 13.14.1 Camel Company Information
- 13.14.2 Camel Automotive Starting Battery Product Portfolios and Specifications
- 13.14.3 Camel Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.14.4 Camel Main Business Overview
- 13.14.5 Camel Latest Developments
- 13.15 Fengfan
- 13.15.1 Fengfan Company Information
- 13.15.2 Fengfan Automotive Starting Battery Product Portfolios and Specifications
- 13.15.3 Fengfan Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.15.4 Fengfan Main Business Overview
- 13.15.5 Fengfan Latest Developments
- 13.16 Chuanxi
- 13.16.1 Chuanxi Company Information
- 13.16.2 Chuanxi Automotive Starting Battery Product Portfolios and Specifications
- 13.16.3 Chuanxi Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.16.4 Chuanxi Main Business Overview
- 13.16.5 Chuanxi Latest Developments
- 13.17 Ruiyu
- 13.17.1 Ruiyu Company Information
- 13.17.2 Ruiyu Automotive Starting Battery Product Portfolios and Specifications
- 13.17.3 Ruiyu Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.17.4 Ruiyu Main Business Overview
- 13.17.5 Ruiyu Latest Developments
- 13.18 Jujiang
- 13.18.1 Jujiang Company Information
- 13.18.2 Jujiang Automotive Starting Battery Product Portfolios and Specifications
- 13.18.3 Jujiang Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.18.4 Jujiang Main Business Overview
- 13.18.5 Jujiang Latest Developments
- 13.19 Leoch
- 13.19.1 Leoch Company Information
- 13.19.2 Leoch Automotive Starting Battery Product Portfolios and Specifications
- 13.19.3 Leoch Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.19.4 Leoch Main Business Overview
- 13.19.5 Leoch Latest Developments
- 13.20 Wanli
- 13.20.1 Wanli Company Information
- 13.20.2 Wanli Automotive Starting Battery Product Portfolios and Specifications
- 13.20.3 Wanli Automotive Starting Battery Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.20.4 Wanli Main Business Overview
- 13.20.5 Wanli Latest Developments
- 14 Research Findings and Conclusion
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