Global Automotive Lead-Acid Battery Market Size Study, by Product, by Type, by End Use, by Customer Segment, and Regional Forecasts 2022-2032

Description

The global automotive lead-acid battery market is exhibiting a modest CAGR of 3.0% during the forecast period. Lead-acid batteries remain an indispensable component of the automotive industry, given their affordability, reliability, and proven performance in conventional internal combustion engine (ICE) vehicles. Despite the emergence of lithium-ion batteries, lead-acid batteries continue to dominate due to their cost-effectiveness and high recyclability.

Emerging economies, such as India, China, and Southeast Asia, are poised to drive significant growth in this market. These regions, characterized by robust automotive production and increasing vehicle ownership, demand affordable and reliable battery solutions. The lead-acid battery's compatibility with start-stop systems and its application across a diverse range of vehicle types have further cemented its position in the global automotive landscape.

The market for micro-hybrid batteries has gained substantial momentum, attributed to their ability to cater to fuel-efficient vehicles equipped with modern technologies. Enhanced Flooded Batteries (EFB) and Absorbed Glass Mat (AGM) batteries, which address the frequent charge-discharge cycles in start-stop systems, are witnessing significant advancements. Concurrently, traditional flooded batteries continue to cater to cost-sensitive consumer segments, ensuring their relevance in the marketplace.

Commercial vehicles also represent a crucial growth segment for lead-acid batteries, given their heavy reliance on these solutions for starting, lighting, and ignition (SLI) functions. The growth of logistics, construction, and transportation industries underscores the increasing adoption of lead-acid batteries for light and heavy commercial vehicles.

Regionally, North America emerges as a significant market for automotive lead-acid batteries. The region benefits from a well-established automotive manufacturing base, widespread battery replacement cycles, and a strong preference for reliable, cost-effective power solutions. Conversely, the Asia Pacific region is set to exhibit the fastest growth, driven by increasing automotive production and a growing demand for energy-efficient technologies.

EnerSys (US), Clarios (US), East Penn Manufacturing Company (US), GS Yuasa International Ltd. (Japan), and Exide Industries Ltd. (India) are key players in the automotive lead-acid battery market. These players are investing heavily in R&D and technological innovation, particularly in AGM and EFB battery technologies, to retain their competitive edge.

The detailed segments and sub-segments of the market are explained below:

By Product

SLI Batteries
Micro Hybrid Batteries
Auxiliary Batteries

By Type

Flooded Batteries
Enhanced Flooded Batteries
VRLA (Absorbed Glass Mat Batteries)

By End Use

Passenger Cars
Light & Heavy Commercial Vehicles
Two Wheelers
Three Wheelers

By Customer Segment

OEM
Aftermarket

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Automotive Lead-Acid Battery Market Executive Summary

1.1. Global Automotive Lead-Acid Battery Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Type
- 1.3.3. By End Use
- 1.3.4. By Customer Segment
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Automotive Lead-Acid Battery Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply-Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand-Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Automotive Lead-Acid Battery Market Dynamics

3.1. Market Drivers
- 3.1.1. High Demand for Cost-Effective and Reliable Batteries in Automotive Industry
- 3.1.2. Easy Recyclability Compared with Lithium-Ion Batteries
- 3.1.3. Increased Demand in Developing Economies
3.2. Market Challenges
- 3.2.1. Risk of Battery Explosion Due to Overcharging
- 3.2.2. Limited Capacity of Lead-Acid Batteries
3.3. Market Opportunities
- 3.3.1. Technological Advancements to Enhance Durability of Lead-Acid Batteries
- 3.3.2. Increasing Applications in Start-Stop Systems

Chapter 4. Global Automotive Lead-Acid Battery Market Industry Analysis

4.1. Porter's Five Forces Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's Five Forces Model
- 4.1.7. Porter's Five Forces Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Automotive Lead-Acid Battery Market Size & Forecast by Product 2022-2032

5.1. Segment Dashboard
5.2. Global Automotive Lead-Acid Battery Market: By Product Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. SLI Batteries
- 5.2.2. Micro Hybrid Batteries
- 5.2.3. Auxiliary Batteries

Chapter 6. Global Automotive Lead-Acid Battery Market Size & Forecast by Type 2022-2032

6.1. Segment Dashboard
6.2. Global Automotive Lead-Acid Battery Market: By Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Flooded Batteries
- 6.2.2. Enhanced Flooded Batteries (EFB)
- 6.2.3. VRLA Batteries

Chapter 7. Global Automotive Lead-Acid Battery Market Size & Forecast by End Use 2022-2032

7.1. Segment Dashboard
7.2. Global Automotive Lead-Acid Battery Market: By End Use Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Passenger Cars
- 7.2.2. Light & Heavy Commercial Vehicles
- 7.2.3. Two Wheelers
- 7.2.4. Three Wheelers

Chapter 8. Global Automotive Lead-Acid Battery Market Size & Forecast by Customer Segment 2022-2032

8.1. Segment Dashboard
8.2. Global Automotive Lead-Acid Battery Market: By Customer Segment Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. OEM
- 8.2.2. Aftermarket

Chapter 9. Global Automotive Lead-Acid Battery Market Size & Forecast by Region 2022-2032

9.1. North America Automotive Lead-Acid Battery Market
- 9.1.1. U.S. Automotive Lead-Acid Battery Market
- 9.1.2. Canada Automotive Lead-Acid Battery Market
9.2. Europe Automotive Lead-Acid Battery Market
- 9.2.1. UK Automotive Lead-Acid Battery Market
- 9.2.2. Germany Automotive Lead-Acid Battery Market
- 9.2.3. France Automotive Lead-Acid Battery Market
- 9.2.4. Spain Automotive Lead-Acid Battery Market
- 9.2.5. Italy Automotive Lead-Acid Battery Market
- 9.2.6. Rest of Europe Automotive Lead-Acid Battery Market
9.3. Asia Pacific Automotive Lead-Acid Battery Market
- 9.3.1. China Automotive Lead-Acid Battery Market
- 9.3.2. India Automotive Lead-Acid Battery Market
- 9.3.3. Japan Automotive Lead-Acid Battery Market
- 9.3.4. Australia Automotive Lead-Acid Battery Market
- 9.3.5. South Korea Automotive Lead-Acid Battery Market
- 9.3.6. Rest of Asia Pacific Automotive Lead-Acid Battery Market
9.4. Latin America Automotive Lead-Acid Battery Market
- 9.4.1. Brazil Automotive Lead-Acid Battery Market
- 9.4.2. Mexico Automotive Lead-Acid Battery Market
- 9.4.3. Rest of Latin America Automotive Lead-Acid Battery Market
9.5. Middle East & Africa Automotive Lead-Acid Battery Market
- 9.5.1. Saudi Arabia Automotive Lead-Acid Battery Market
- 9.5.2. South Africa Automotive Lead-Acid Battery Market
- 9.5.3. Rest of Middle East & Africa Automotive Lead-Acid Battery Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. EnerSys
- 10.1.2. Clarios
- 10.1.3. East Penn Manufacturing Company
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. EnerSys
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. Clarios
- 10.3.3. Exide Industries
- 10.3.4. GS Yuasa International
- 10.3.5. East Penn Manufacturing Company
- 10.3.6. C&D Technologies
- 10.3.7. Camel Group Co. Ltd.
- 10.3.8. Amara Raja Energy & Mobility
- 10.3.9. Robert Bosch
- 10.3.10. Stryten Energy

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes