PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1364725
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1364725
GCC Automotive Lead Acid Battery Market, By Material ; By Type ; By End User ; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2029
GCC Automotive Lead Acid Battery Market Size Set to Reach USD 490 Million by 2029.
GCC automotive lead acid battery market is flourishing due to rising automobile sales, increasing demand for electric vehicles (EVs), a growing emphasis on energy-efficient technologies, expanding automotive aftermarket, and the need for reliable power sources under the extreme climate conditions across the region.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the GCC automotive lead acid battery market size at USD 380.9 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the GCC automotive lead acid battery market size to grow at a CAGR of 4.27% reaching a value of USD 489.5 million by 2029. GCC automotive lead acid battery market is primarily driven by the growing industrial automotive and manufacturing sectors in the Gulf Cooperation Council (GCC) region, which require reliable backup power solutions. Also, increasing investments in renewable energy projects and the need for energy storage solutions to stabilize the grid contribute to market growth. Rising demand for uninterrupted power supply in critical applications, such as data centers and healthcare facilities, further fuels the market. Government initiatives promoting energy efficiency and sustainability also encourage the adoption of automotive lead acid batteries, making them a key component of the region's energy landscape.
GCC Automotive Lead Acid Battery Market - Overview:
Lead-acid batteries have been a major power source for applications in automobiles for more than a hundred years, due to their reliability and cost-effectiveness. Comprising lead dioxide and sponge lead immersed in a sulfuric acid electrolyte, lead-acid batteries are known for their ability to deliver high bursts of energy needed to start internal combustion engines (ICEs). The lead-acid chemistry is well-suited to withstand the demanding conditions of automotive use, including extreme temperatures and frequent charge-discharge cycles.
One of the key advantages of lead-acid batteries in the automotive sector is their affordability. They remain one of the most economical options for vehicle manufacturers and consumers, making them accessible to a wide range of vehicles, from compact cars to heavy-duty trucks. Moreover, their maintenance is relatively straightforward, with the ability to recharge and restore performance through routine maintenance, such as topping off electrolyte levels and ensuring proper charging.
Impact of COVID-19 on GCC Automotive Lead Acid Battery Market
GCC automotive lead acid battery market, a vital component of the region's industrial sector, witnessed significant COVID-19 impacts. The pandemic disrupted supply chains, causing delays in battery production and distribution. Reduced industrial activities during lockdowns led to decreased demand, affecting market revenue. However, the market also saw a surge in demand from the healthcare sector for uninterrupted power supply to critical equipment. As the region navigates through the pandemic's challenges, the GCC automotive lead acid battery market is expected to recover gradually, driven by increased automotive efforts across industries and a growing awareness of power reliability.
GCC Automotive Lead Acid Battery Market - By Type
Based on type, GCC automotive lead acid battery market is divided into Flooded Batteries, Enhanced Flooded Batteries, and VRLA Batteries segments. The VRLA (Valve-Regulated Lead-Acid) Batteries segment is the largest type in the GCC automotive lead acid battery market. This segment stands out as the dominant category among the offerings, alongside flooded batteries and enhanced flooded batteries. VRLA batteries are preferred for their sealed design and maintenance-free operation, making them a popular choice for various automotive applications. Their reliability and long lifespan contribute to their prominence in the market, catering to the increasing demand for dependable power solutions in the GCC region's automotive industry.
Competitive Landscape:
GCC automotive lead acid battery market is fiercely competitive. Major companies in the market include Clarios International Inc., Middle East Battery Company, Reem Batteries & Power Appliances Co., FIAM Energy Technology SpA, C&D Technologies, Inc, EnerSys, Al Dobowi Group, and Sunlight Group Energy Storage Systems. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in GCC automotive lead acid battery market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of GCC Automotive Lead Acid Battery Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in GCC Automotive Lead Acid Battery Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. GCC Automotive Lead-Acid Battery Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growing Automotive Industry
- 3.2.1.2. Growing investments in the industrialization of the region
- 3.2.2. Restraints
- 3.2.2.1. Environmental Concerns
- 3.2.2.2. Competition from Lithium-ion Batteries
- 3.2.3. Opportunities
- 3.2.3.1. Battery Recycling
- 3.2.3.2. Expanding telecom sector
- 3.2.4. Challenges
- 3.2.4.1. Regulatory Compliance
- 3.2.4.2. Unstable economic conditions in the GCC region
- 3.2.1. Growth Drivers
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. GCC Automotive Lead-Acid Battery Market Overview
- 4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Billion)
- 4.2. Market Share and Forecast
- 4.2.1. By Vehicle Type
- 4.2.1.1. Passenger Cars
- 4.2.1.2. Commercial Vehicles
- 4.2.1.3. Two-Wheelers
- 4.2.1.4. HEV Cars
- 4.2.2. By Type
- 4.2.2.1. Flooded Batteries
- 4.2.2.2. Enhanced Flooded Batteries
- 4.2.2.3. VRLA Batteries
- 4.2.3. By Product
- 4.2.3.1. SLI Batteries
- 4.2.3.2. Micro Hybrid Batteries
- 4.2.4. By Customer Segment
- 4.2.4.1. OEM
- 4.2.4.2. Replacement
- 4.2.5. By Country
- 4.2.5.1. Saudi Arabia
- 4.2.5.2. UAE
- 4.2.5.3. Qatar
- 4.2.5.4. Bahrain
- 4.2.5.5. Kuwait
- 4.2.5.6. Oman
- 4.2.1. By Vehicle Type
5. Saudi Arabia Automotive Lead-Acid Battery Market
- 5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Vehicle Type
- 5.2.2. By Type
- 5.2.3. By Product
- 5.2.4. By Customer Segment
6. UAE Automotive Lead-Acid Battery Market
- 6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Vehicle Type
- 6.2.2. By Type
- 6.2.3. By Product
- 6.2.4. By Customer Segment
7. Qatar Automotive Lead-Acid Battery Market
- 7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Vehicle Type
- 7.2.2. By Type
- 7.2.3. By Product
- 7.2.4. By Customer Segment
8. Bahrain Automotive Lead-Acid Battery Market
- 8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Vehicle Type
- 8.2.2. By Type
- 8.2.3. By Product
- 8.2.4. By Customer Segment
9. Kuwait Automotive Lead-Acid Battery Market
- 9.1. Market Size & Forecast, 2019-2029
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Vehicle Type
- 9.2.2. By Type
- 9.2.3. By Product
- 9.2.4. By Customer Segment
10. Oman Automotive Lead-Acid Battery Market
- 10.1. Market Size & Forecast, 2019-2029
- 10.2. By Value (USD Billion)
- 10.3. Market Share & Forecast
- 10.4. By Vehicle Type
- 10.5. By Type
- 10.6. By Product
- 10.7. By Customer Segment
11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. GCC Automotive Lead-Acid Battery Market Share Analysis, 2022
- 11.3. Competitive Benchmarking, By Operating Parameters
- 11.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
12. Impact of COVID-19 on GCC Automotive Lead-Acid Battery Market
13. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 13.1. Clarios International Inc.
- 13.2. Middle East Battery Company
- 13.3. Reem Batteries & Power Appliances Co.
- 13.4. FIAM Energy Technology SpA
- 13.5. C&D Technologies, Inc
- 13.6. EnerSys
- 13.7. Al Dobowi Group
- 13.8. Sunlight Group Energy Storage Systems
- 13.9. Other Prominent Players
14. Key Strategic Recommendations
15. Research Methodology
- 15.1. Qualitative Research
- 15.1.1. Primary & Secondary Research
- 15.2. Quantitative Research
- 15.3. Market Breakdown & Data Triangulation
- 15.3.1. Secondary Research
- 15.3.2. Primary Research
- 15.4. Breakdown of Primary Research Respondents, By Country
- 15.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
- Figure 1 GCC Automotive Lead-Acid Battery Segmentation
- Figure 2 GCC Automotive Lead-Acid Battery Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 GCC Automotive Lead-Acid Battery Market Size, By Value (USD Billion), 2019-2029
- Figure 5 GCC Automotive Lead-Acid Battery Market Share, By Vehicle Type, By Value, 2019-2029
- Figure 6 GCC Automotive Lead-Acid Battery Market Share, By Type, By Value, 2019-2029
- Figure 7 GCC Automotive Lead-Acid Battery Market Share, By Product, By Value, 2019-2029
- Figure 8 GCC Automotive Lead-Acid Battery Market Share, By Customer Segment, By Value, 2019-2029
- Figure 9 GCC Automotive Lead-Acid Battery Market Share, By Country, By Value, 2019-2029
- Figure 10 Saudi Arabia Automotive Lead-Acid Battery Market Size, By Value (USD Billion), 2019-2029
- Figure 11 Saudi Arabia Automotive Lead-Acid Battery Market Share, By Vehicle Type, By Value, 2019-2029
- Figure 12 Saudi Arabia Automotive Lead-Acid Battery Market Share, By Type, By Value, 2019-2029
- Figure 13 Saudi Arabia Automotive Lead-Acid Battery Market Share, By Product, By Value, 2019-2029
- Figure 14 Saudi Arabia Automotive Lead-Acid Battery Market Share, By Customer Segment, By Value, 2019-2029
- Figure 15 UAE Automotive Lead-Acid Battery Market Size, By Value (USD Billion), 2019-2029
- Figure 16
- Figure 17 UAE Automotive Lead-Acid Battery Market Share, By Type, By Value, 2019-2029
- Figure 18 UAE Automotive Lead-Acid Battery Market Share, By Product, By Value, 2019-2029
- Figure 19 UAE Automotive Lead-Acid Battery Market Share, By Customer Segment, By Value, 2019-2029
- Figure 20 Qatar Automotive Lead-Acid Battery Market Size, By Value (USD Billion), 2019-2029
- Figure 21 Qatar Automotive Lead-Acid Battery Market Share, By Vehicle Type, By Value, 2019-2029
- Figure 22 Qatar Automotive Lead-Acid Battery Market Share, By Type, By Value, 2019-2029
- Figure 23 Qatar Automotive Lead-Acid Battery Market Share, By Product, By Value, 2019-2029
- Figure 24 Qatar Automotive Lead-Acid Battery Market Share, By Customer Segment, By Value, 2019-2029
- Figure 25 Bahrain Automotive Lead-Acid Battery Market Size, By Value (USD Billion), 2019-2029
- Figure 26 Bahrain Automotive Lead-Acid Battery Market Share, By Vehicle Type, By Value, 2019-2029
- Figure 27 Bahrain Automotive Lead-Acid Battery Market Share, By Type, By Value, 2019-2029
- Figure 28 Bahrain Automotive Lead-Acid Battery Market Share, By Product, By Value, 2019-2029
- Figure 29 Bahrain Automotive Lead-Acid Battery Market Share, By Customer Segment, By Value, 2019-2029
- Figure 30 Kuwait Automotive Lead-Acid Battery Market Size, By Value (USD Billion), 2019-2029
- Figure 31 Kuwait Automotive Lead-Acid Battery Market Share, By Vehicle Type, By Value, 2019-2029
- Figure 32 Kuwait Automotive Lead-Acid Battery Market Share, By Type, By Value, 2019-2029
- Figure 33 Kuwait Automotive Lead-Acid Battery Market Share, By Product, By Value, 2019-2029
- Figure 34 Kuwait Automotive Lead-Acid Battery Market Share, By Customer Segment, By Value, 2019-2029
- Figure 35 Oman Automotive Lead-Acid Battery Market Size, By Value (USD Billion), 2019-2029
- Figure 36 Oman Automotive Lead-Acid Battery Market Share, By Vehicle Type, By Value, 2019-2029
- Figure 37 Oman Automotive Lead-Acid Battery Market Share, By Type, By Value, 2019-2029
- Figure 38 Oman Automotive Lead-Acid Battery Market Share, By Product, By Value, 2019-2029
- Figure 39 Oman Automotive Lead-Acid Battery Market Share, By Customer Segment, By Value, 2019-2029
List of Tables
- Table 1 GCC Automotive Lead-Acid Battery Market Size, By Value (USD Billion), 2019-2029
- Table 2 GCC Automotive Lead-Acid Battery Market Size, By Vehicle Type, By Value, 2019-2029
- Table 3 GCC Automotive Lead-Acid Battery Market Size, By Type, By Value, 2019-2029
- Table 4 GCC Automotive Lead-Acid Battery Market Size, By Product, By Value, 2019-2029
- Table 5 GCC Automotive Lead-Acid Battery Market Size, By Customer Segment, By Value, 2019-2029
- Table 6 GCC Automotive Lead-Acid Battery Market Size, By Country, By Value, 2019-2029
- Table 7 Saudi Arabia Automotive Lead-Acid Battery Market Size, By Value (USD Billion), 2019-2029
- Table 8 Saudi Arabia Automotive Lead-Acid Battery Market Size, By Vehicle Type, By Value, 2019-2029
- Table 9 Saudi Arabia Automotive Lead-Acid Battery Market Size, By Type, By Value, 2019-2029
- Table 10 Saudi Arabia Automotive Lead-Acid Battery Market Size, By Product, By Value, 2019-2029
- Table 11 Saudi Arabia Automotive Lead-Acid Battery Market Size, By Customer Segment, By Value, 2019-2029
- Table 12 UAE Automotive Lead-Acid Battery Market Size, By Value (USD Billion), 2019-2029
- Table 13 UAE Automotive Lead-Acid Battery Market Size, By Vehicle Type, By Value, 2019-2029
- Table 14 UAE Automotive Lead-Acid Battery Market Size, By Type, By Value, 2019-2029
- Table 15 UAE Automotive Lead-Acid Battery Market Size, By Product, By Value, 2019-2029
- Table 16 UAE Automotive Lead-Acid Battery Market Size, By Customer Segment, By Value, 2019-2029
- Table 17 Qatar Automotive Lead-Acid Battery Market Size, By Value (USD Billion), 2019-2029
- Table 18 Qatar Automotive Lead-Acid Battery Market Size, By Vehicle Type, By Value, 2019-2029
- Table 19 Qatar Automotive Lead-Acid Battery Market Size, By Type, By Value, 2019-2029
- Table 20 Qatar Automotive Lead-Acid Battery Market Size, By Product, By Value, 2019-2029
- Table 21 Qatar Automotive Lead-Acid Battery Market Size, By Customer Segment, By Value, 2019-2029
- Table 22 Bahrain Automotive Lead-Acid Battery Market Size, By Value (USD Billion), 2019-2029
- Table 23 Bahrain Automotive Lead-Acid Battery Market Size, By Vehicle Type, By Value, 2019-2029
- Table 24 Bahrain Automotive Lead-Acid Battery Market Size, By Type, By Value, 2019-2029
- Table 25 Bahrain Automotive Lead-Acid Battery Market Size, By Product, By Value, 2019-2029
- Table 26 Bahrain Automotive Lead-Acid Battery Market Size, By Customer Segment, By Value, 2019-2029
- Table 27 Kuwait Automotive Lead-Acid Battery Market Size, By Value (USD Billion), 2019-2029
- Table 28 Kuwait Automotive Lead-Acid Battery Market Size, By Vehicle Type, By Value, 2019-2029
- Table 29 Kuwait Automotive Lead-Acid Battery Market Size, By Type, By Value, 2019-2029
- Table 30 Kuwait Automotive Lead-Acid Battery Market Size, By Product, By Value, 2019-2029
- Table 31 Kuwait Automotive Lead-Acid Battery Market Size, By Customer Segment, By Value, 2019-2029
- Table 32 Oman Automotive Lead-Acid Battery Market Size, By Value (USD Billion), 2019-2029
- Table 33 Oman Automotive Lead-Acid Battery Market Size, By Vehicle Type, By Value, 2019-2029
- Table 34 Oman Automotive Lead-Acid Battery Market Size, By Type, By Value, 2019-2029
- Table 35 Oman Automotive Lead-Acid Battery Market Size, By Product, By Value, 2019-2029
- Table 36 Oman Automotive Lead-Acid Battery Market Size, By Customer Segment, By Value, 2019-2029
- Table 37 Clarios International Inc. Company Overview
- Table 38 Clarios International Inc. Financial Overview
- Table 39 Middle East Battery Company: Company Overview
- Table 40 Middle East Battery Company Financial Overview
- Table 41 Reem Batteries & Power Appliances Co. Company Overview
- Table 42 Reem Batteries & Power Appliances Co. Financial Overview
- Table 43 FIAM Energy Technology SpA Company Overview
- Table 44 FIAM Energy Technology SpA Financial Overview
- Table 45 C&D Technologies, Inc Company Overview
- Table 46 C&D Technologies, Inc Financial Overview
- Table 47 EnerSys Company Overview
- Table 48 EnerSys Financial Overview
- Table 49 Al Dobowi Group Company Overview
- Table 50 Al Dobowi Group Financial Overview
- Table 51 Sunlight Group Energy Storage Systems Company Overview
- Table 52 Sunlight Group Energy Storage Systems Financial Overview
