Vehicle Auxiliary Battery Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024

Description

Market Overview

The vehicle auxiliary battery market will generate an estimated revenue of USD 5,054.7 million in 2024, and it is expected to witness a CAGR of 5.4% during 2024-2030, to reach USD 6,947.7 million by 2030. This is because the global market drivers have been boosted by the increased sales of both hybrid electric vehicles (HEVs) and battery electric vehicles (BEVs).

Solid-state batteries are gradually replacing lithium-ion batteries in portable electronics and EVs due to the following advantages that assist in overcoming the challenges posed by electric vehicles. Therefore, there is an increased effort from organizations and manufacturers to improve the employment of solid-state batteries for automobiles.

These strategies mainly focus on enhancing the production and the design of the manufacturing materials, as well as increasing the scale or capacity of batteries, for better commercial application. The companies in the vehicle manufacturing industry, battery manufacturing industry, and technology industries are collaborating on Research and Development activities to bring more solid-state batteries to vehicles faster.

Due to the increase in people's disposable income, people are now able to purchase cars that are equipped with complex features such as adaptive and intelligent headlights, ADAS, airbags, improved climate control systems, digital instrument clusters, and infotainment panels.

Accordingly, the extent to which the connected car market is a major trend as the cars are packed with numerous features. These features increase the required amount of electric power and increase the load on the traction battery of choice of EVs.

Key Insights

The lead acid category dominates the market with a 35% share in 2024.

Lead-acid batteries are in high demand for auxiliary purposes due to their affordability and reliability.

They are commonly used in the SLI (starting, lighting, ignition) systems of vehicles.

Lithium-ion category will grow at the highest CAGR of 5.8% from 2024 to 2030.

Growth is driven by rising demand for efficient, high-performance auxiliary batteries for upcoming ICE and electric vehicles.

The 10-15 V category dominates the vehicle auxiliary battery market with a 45% share in 2024.

These batteries are widely used in conventional vehicles for lighting, infotainment, and starter motors.

15 V category will grow at the highest CAGR from 2024 to 2030.

High-voltage auxiliary batteries are gaining popularity in commercial vehicles, heavy-duty trucks, and buses.

Prismatic category dominates the market in 2024 and is expected to grow at a 5.7% CAGR during 2024-2030.

Prismatic cells deliver more power and store more energy with less casing material.

Passenger vehicles category dominates the market with a 65% share in 2024 and is expected to grow the fastest during 2024-2030.

Rising demand for cars and two-three-wheelers, advancements in automotive technologies, and electrification trends drive this growth.

The SLI systems category dominates the market with a 55% share in 2024.

The infotainment systems category will grow at the highest CAGR from 2024 to 2030.

APAC holds the largest revenue share of 45% in 2024 and is expected to grow at a 6.0% CAGR from 2024 to 2030.

Governments in the region are implementing regulations against polluting vehicles, offering EV subsidies, and supporting EV infrastructure.

Japan and South Korea are focusing on their EV battery markets, while India promotes EV adoption through the Vehicle Scrappage Policy.

China leads the global EV market, with a 55% increase in new electric car registrations in 2022.

Product Code: 13059

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by type
- 1.4.2. Market size breakdown, by voltage
- 1.4.3. Market size breakdown, by battery cell
- 1.4.4. Market size breakdown, by vehicle type
- 1.4.5. Market size breakdown, by application
- 1.4.6. Market size breakdown, by sales channel
- 1.4.7. Market size breakdown, by region
- 1.4.8. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Volume
- 1.5.2. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Volume, by Type (2019-2030)
6.3. Market Revenue, by Type (2019-2030)
6.4. Market Volume, by Voltage (2019-2030)
6.5. Market Revenue, by Voltage (2019-2030)
6.6. Market Volume, by Battery Cell (2019-2030)
6.7. Market Revenue, by Battery Cell (2019-2030)
6.8. Market Volume, by Vehicle Type (2019-2030)
6.9. Market Revenue, by Vehicle Type (2019-2030)
6.10. Market Volume, by Application (2019-2030)
6.11. Market Revenue, by Application (2019-2030)
6.12. Market Volume, by Sales Channel (2019-2030)
6.13. Market Revenue, by Sales Channel (2019-2030)
6.14. Market Volume, by Region (2019-2030)
6.15. Market Revenue, by Region (2019-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Volume, by Type (2019-2030)
7.3. Market Revenue, by Type (2019-2030)
7.4. Market Volume, by Voltage (2019-2030)
7.5. Market Revenue, by Voltage (2019-2030)
7.6. Market Volume, by Battery Cell (2019-2030)
7.7. Market Revenue, by Battery Cell (2019-2030)
7.8. Market Volume, by Vehicle Type (2019-2030)
7.9. Market Revenue, by Vehicle Type (2019-2030)
7.10. Market Volume, by Application (2019-2030)
7.11. Market Revenue, by Application (2019-2030)
7.12. Market Volume, by Sales Channel (2019-2030)
7.13. Market Revenue, by Sales Channel (2019-2030)
7.14. Market Volume, by Country (2019-2030)
7.15. Market Revenue, by Country (2019-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Volume, by Type (2019-2030)
8.3. Market Revenue, by Type (2019-2030)
8.4. Market Volume, by Voltage (2019-2030)
8.5. Market Revenue, by Voltage (2019-2030)
8.6. Market Volume, by Battery Cell (2019-2030)
8.7. Market Revenue, by Battery Cell (2019-2030)
8.8. Market Volume, by Vehicle Type (2019-2030)
8.9. Market Revenue, by Vehicle Type (2019-2030)
8.10. Market Volume, by Application (2019-2030)
8.11. Market Revenue, by Application (2019-2030)
8.12. Market Volume, by Sales Channel (2019-2030)
8.13. Market Revenue, by Sales Channel (2019-2030)
8.14. Market Volume, by Country (2019-2030)
8.15. Market Revenue, by Country (2019-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Volume, by Type (2019-2030)
9.3. Market Revenue, by Type (2019-2030)
9.4. Market Volume, by Voltage (2019-2030)
9.5. Market Revenue, by Voltage (2019-2030)
9.6. Market Volume, by Battery Cell (2019-2030)
9.7. Market Revenue, by Battery Cell (2019-2030)
9.8. Market Volume, by Vehicle Type (2019-2030)
9.9. Market Revenue, by Vehicle Type (2019-2030)
9.10. Market Volume, by Application (2019-2030)
9.11. Market Revenue, by Application (2019-2030)
9.12. Market Volume, by Sales Channel (2019-2030)
9.13. Market Revenue, by Sales Channel (2019-2030)
9.14. Market Volume, by Country (2019-2030)
9.15. Market Revenue, by Country (2019-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Volume, by Type (2019-2030)
10.3. Market Revenue, by Type (2019-2030)
10.4. Market Volume, by Voltage (2019-2030)
10.5. Market Revenue, by Voltage (2019-2030)
10.6. Market Volume, by Battery Cell (2019-2030)
10.7. Market Revenue, by Battery Cell (2019-2030)
10.8. Market Volume, by Vehicle Type (2019-2030)
10.9. Market Revenue, by Vehicle Type (2019-2030)
10.10. Market Volume, by Application (2019-2030)
10.11. Market Revenue, by Application (2019-2030)
10.12. Market Volume, by Sales Channel (2019-2030)
10.13. Market Revenue, by Sales Channel (2019-2030)
10.14. Market Volume, by Country (2019-2030)
10.15. Market Revenue, by Country (2019-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Volume, by Type (2019-2030)
11.3. Market Revenue, by Type (2019-2030)
11.4. Market Volume, by Voltage (2019-2030)
11.5. Market Revenue, by Voltage (2019-2030)
11.6. Market Volume, by Battery Cell (2019-2030)
11.7. Market Revenue, by Battery Cell (2019-2030)
11.8. Market Volume, by Vehicle Type (2019-2030)
11.9. Market Revenue, by Vehicle Type (2019-2030)
11.10. Market Volume, by Application (2019-2030)
11.11. Market Revenue, by Application (2019-2030)
11.12. Market Volume, by Sales Channel (2019-2030)
11.13. Market Revenue, by Sales Channel (2019-2030)
11.14. Market Volume, by Country (2019-2030)
11.15. Market Revenue, by Country (2019-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Volume, by Type (2019-2030)
12.3. Market Revenue, by Type (2019-2030)
12.4. Market Volume, by Voltage (2019-2030)
12.5. Market Revenue, by Voltage (2019-2030)
12.6. Market Volume, by Battery Cell (2019-2030)
12.7. Market Revenue, by Battery Cell (2019-2030)
12.8. Market Volume, by Vehicle Type (2019-2030)
12.9. Market Revenue, by Vehicle Type (2019-2030)
12.10. Market Volume, by Application (2019-2030)
12.11. Market Revenue, by Application (2019-2030)
12.12. Market Volume, by Sales Channel (2019-2030)
12.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Volume, by Type (2019-2030)
13.3. Market Revenue, by Type (2019-2030)
13.4. Market Volume, by Voltage (2019-2030)
13.5. Market Revenue, by Voltage (2019-2030)
13.6. Market Volume, by Battery Cell (2019-2030)
13.7. Market Revenue, by Battery Cell (2019-2030)
13.8. Market Volume, by Vehicle Type (2019-2030)
13.9. Market Revenue, by Vehicle Type (2019-2030)
13.10. Market Volume, by Application (2019-2030)
13.11. Market Revenue, by Application (2019-2030)
13.12. Market Volume, by Sales Channel (2019-2030)
13.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Volume, by Type (2019-2030)
14.3. Market Revenue, by Type (2019-2030)
14.4. Market Volume, by Voltage (2019-2030)
14.5. Market Revenue, by Voltage (2019-2030)
14.6. Market Volume, by Battery Cell (2019-2030)
14.7. Market Revenue, by Battery Cell (2019-2030)
14.8. Market Volume, by Vehicle Type (2019-2030)
14.9. Market Revenue, by Vehicle Type (2019-2030)
14.10. Market Volume, by Application (2019-2030)
14.11. Market Revenue, by Application (2019-2030)
14.12. Market Volume, by Sales Channel (2019-2030)
14.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Volume, by Type (2019-2030)
15.3. Market Revenue, by Type (2019-2030)
15.4. Market Volume, by Voltage (2019-2030)
15.5. Market Revenue, by Voltage (2019-2030)
15.6. Market Volume, by Battery Cell (2019-2030)
15.7. Market Revenue, by Battery Cell (2019-2030)
15.8. Market Volume, by Vehicle Type (2019-2030)
15.9. Market Revenue, by Vehicle Type (2019-2030)
15.10. Market Volume, by Application (2019-2030)
15.11. Market Revenue, by Application (2019-2030)
15.12. Market Volume, by Sales Channel (2019-2030)
15.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Volume, by Type (2019-2030)
16.3. Market Revenue, by Type (2019-2030)
16.4. Market Volume, by Voltage (2019-2030)
16.5. Market Revenue, by Voltage (2019-2030)
16.6. Market Volume, by Battery Cell (2019-2030)
16.7. Market Revenue, by Battery Cell (2019-2030)
16.8. Market Volume, by Vehicle Type (2019-2030)
16.9. Market Revenue, by Vehicle Type (2019-2030)
16.10. Market Volume, by Application (2019-2030)
16.11. Market Revenue, by Application (2019-2030)
16.12. Market Volume, by Sales Channel (2019-2030)
16.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Volume, by Type (2019-2030)
17.3. Market Revenue, by Type (2019-2030)
17.4. Market Volume, by Voltage (2019-2030)
17.5. Market Revenue, by Voltage (2019-2030)
17.6. Market Volume, by Battery Cell (2019-2030)
17.7. Market Revenue, by Battery Cell (2019-2030)
17.8. Market Volume, by Vehicle Type (2019-2030)
17.9. Market Revenue, by Vehicle Type (2019-2030)
17.10. Market Volume, by Application (2019-2030)
17.11. Market Revenue, by Application (2019-2030)
17.12. Market Volume, by Sales Channel (2019-2030)
17.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Volume, by Type (2019-2030)
18.3. Market Revenue, by Type (2019-2030)
18.4. Market Volume, by Voltage (2019-2030)
18.5. Market Revenue, by Voltage (2019-2030)
18.6. Market Volume, by Battery Cell (2019-2030)
18.7. Market Revenue, by Battery Cell (2019-2030)
18.8. Market Volume, by Vehicle Type (2019-2030)
18.9. Market Revenue, by Vehicle Type (2019-2030)
18.10. Market Volume, by Application (2019-2030)
18.11. Market Revenue, by Application (2019-2030)
18.12. Market Volume, by Sales Channel (2019-2030)
18.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Volume, by Type (2019-2030)
19.3. Market Revenue, by Type (2019-2030)
19.4. Market Volume, by Voltage (2019-2030)
19.5. Market Revenue, by Voltage (2019-2030)
19.6. Market Volume, by Battery Cell (2019-2030)
19.7. Market Revenue, by Battery Cell (2019-2030)
19.8. Market Volume, by Vehicle Type (2019-2030)
19.9. Market Revenue, by Vehicle Type (2019-2030)
19.10. Market Volume, by Application (2019-2030)
19.11. Market Revenue, by Application (2019-2030)
19.12. Market Volume, by Sales Channel (2019-2030)
19.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Volume, by Type (2019-2030)
20.3. Market Revenue, by Type (2019-2030)
20.4. Market Volume, by Voltage (2019-2030)
20.5. Market Revenue, by Voltage (2019-2030)
20.6. Market Volume, by Battery Cell (2019-2030)
20.7. Market Revenue, by Battery Cell (2019-2030)
20.8. Market Volume, by Vehicle Type (2019-2030)
20.9. Market Revenue, by Vehicle Type (2019-2030)
20.10. Market Volume, by Application (2019-2030)
20.11. Market Revenue, by Application (2019-2030)
20.12. Market Volume, by Sales Channel (2019-2030)
20.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Volume, by Type (2019-2030)
21.3. Market Revenue, by Type (2019-2030)
21.4. Market Volume, by Voltage (2019-2030)
21.5. Market Revenue, by Voltage (2019-2030)
21.6. Market Volume, by Battery Cell (2019-2030)
21.7. Market Revenue, by Battery Cell (2019-2030)
21.8. Market Volume, by Vehicle Type (2019-2030)
21.9. Market Revenue, by Vehicle Type (2019-2030)
21.10. Market Volume, by Application (2019-2030)
21.11. Market Revenue, by Application (2019-2030)
21.12. Market Volume, by Sales Channel (2019-2030)
21.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Volume, by Type (2019-2030)
22.3. Market Revenue, by Type (2019-2030)
22.4. Market Volume, by Voltage (2019-2030)
22.5. Market Revenue, by Voltage (2019-2030)
22.6. Market Volume, by Battery Cell (2019-2030)
22.7. Market Revenue, by Battery Cell (2019-2030)
22.8. Market Volume, by Vehicle Type (2019-2030)
22.9. Market Revenue, by Vehicle Type (2019-2030)
22.10. Market Volume, by Application (2019-2030)
22.11. Market Revenue, by Application (2019-2030)
22.12. Market Volume, by Sales Channel (2019-2030)
22.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Volume, by Type (2019-2030)
23.3. Market Revenue, by Type (2019-2030)
23.4. Market Volume, by Voltage (2019-2030)
23.5. Market Revenue, by Voltage (2019-2030)
23.6. Market Volume, by Battery Cell (2019-2030)
23.7. Market Revenue, by Battery Cell (2019-2030)
23.8. Market Volume, by Vehicle Type (2019-2030)
23.9. Market Revenue, by Vehicle Type (2019-2030)
23.10. Market Volume, by Application (2019-2030)
23.11. Market Revenue, by Application (2019-2030)
23.12. Market Volume, by Sales Channel (2019-2030)
23.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Volume, by Type (2019-2030)
24.3. Market Revenue, by Type (2019-2030)
24.4. Market Volume, by Voltage (2019-2030)
24.5. Market Revenue, by Voltage (2019-2030)
24.6. Market Volume, by Battery Cell (2019-2030)
24.7. Market Revenue, by Battery Cell (2019-2030)
24.8. Market Volume, by Vehicle Type (2019-2030)
24.9. Market Revenue, by Vehicle Type (2019-2030)
24.10. Market Volume, by Application (2019-2030)
24.11. Market Revenue, by Application (2019-2030)
24.12. Market Volume, by Sales Channel (2019-2030)
24.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Volume, by Type (2019-2030)
25.3. Market Revenue, by Type (2019-2030)
25.4. Market Volume, by Voltage (2019-2030)
25.5. Market Revenue, by Voltage (2019-2030)
25.6. Market Volume, by Battery Cell (2019-2030)
25.7. Market Revenue, by Battery Cell (2019-2030)
25.8. Market Volume, by Vehicle Type (2019-2030)
25.9. Market Revenue, by Vehicle Type (2019-2030)
25.10. Market Volume, by Application (2019-2030)
25.11. Market Revenue, by Application (2019-2030)
25.12. Market Volume, by Sales Channel (2019-2030)
25.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Volume, by Type (2019-2030)
26.3. Market Revenue, by Type (2019-2030)
26.4. Market Volume, by Voltage (2019-2030)
26.5. Market Revenue, by Voltage (2019-2030)
26.6. Market Volume, by Battery Cell (2019-2030)
26.7. Market Revenue, by Battery Cell (2019-2030)
26.8. Market Volume, by Vehicle Type (2019-2030)
26.9. Market Revenue, by Vehicle Type (2019-2030)
26.10. Market Volume, by Application (2019-2030)
26.11. Market Revenue, by Application (2019-2030)
26.12. Market Volume, by Sales Channel (2019-2030)
26.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Volume, by Type (2019-2030)
27.3. Market Revenue, by Type (2019-2030)
27.4. Market Volume, by Voltage (2019-2030)
27.5. Market Revenue, by Voltage (2019-2030)
27.6. Market Volume, by Battery Cell (2019-2030)
27.7. Market Revenue, by Battery Cell (2019-2030)
27.8. Market Volume, by Vehicle Type (2019-2030)
27.9. Market Revenue, by Vehicle Type (2019-2030)
27.10. Market Volume, by Application (2019-2030)
27.11. Market Revenue, by Application (2019-2030)
27.12. Market Volume, by Sales Channel (2019-2030)
27.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Volume, by Type (2019-2030)
28.3. Market Revenue, by Type (2019-2030)
28.4. Market Volume, by Voltage (2019-2030)
28.5. Market Revenue, by Voltage (2019-2030)
28.6. Market Volume, by Battery Cell (2019-2030)
28.7. Market Revenue, by Battery Cell (2019-2030)
28.8. Market Volume, by Vehicle Type (2019-2030)
28.9. Market Revenue, by Vehicle Type (2019-2030)
28.10. Market Volume, by Application (2019-2030)
28.11. Market Revenue, by Application (2019-2030)
28.12. Market Volume, by Sales Channel (2019-2030)
28.13. Market Revenue, by Sales Channel (2019-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. SAIC Motor Corporation Limited
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. Exide Technologies
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. GS YUASA Battery Germany GmbH
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. TOYOTA MOTOR CORPORATION
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
30.5. BYD Company Ltd.
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
30.6. Clarios LLC
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
30.7. Samsung SDI Co. Ltd.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
30.8. Panasonic Energy Co. Ltd.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
30.9. LG Energy Solution Ltd.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
30.10. Leoch International Technology Limited
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
30.11. Okaya Power Pvt. Ltd.
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
30.12. Innovate Powering Electronic SL
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports

Vehicle Auxiliary Battery Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)