Global Automotive Battery Market 2018-2023 to Reach $34.97 Billion, Driven by Key Players Samsung SD, Exide, Panasonic, and China Aviation Lithium – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Global
Automotive Battery Market – Growth, Trends and Forecast (2018 – 2023)"
report has been added to ResearchAndMarkets.com's
offering.

The automotive battery market value is estimated to reach USD 34,967.2
million by 2023, registering a CAGR of around 6.5%, during the
forecasted period of 2018-2023. The market has high scope of profits
ahead with the revolution of electronic vehicles across the world.

Features in commercial and passenger vehicles are set to increase
exponentially during the forecast period, which is anticipated be a
major driver for the automotive battery market. Another factor of growth
in the battery market is increasingly growing demand for automobiles and
stringent emission standards set by numerous government agencies. The
growth is further set to be assisted by increasing environmental
concerns on emissions from traditional automotive batteries and offering
different advantages with the advanced technologies are used in present
batteries.

The lithium-ion battery is predicted to be the fastest growing battery
type in the upcoming years on account of the exponential increase
expected in the electric, as well as plug-in hybrid vehicles market. The
rise in scooter sales in the Africa and Asia-Pacific region should boost
the demand for scooter batteries in the forecast period.

The global automotive battery market is dominated by some key vendors
i.e. Samsung SD, Exide, Panasonic, and China Aviation Lithium.

Recent Developments

• March 2018: Renault-Nissan aims to leapfrog competition on new battery
  technology
• March 2018: Panasonic begins mass production, shipment of automotive
  lithium-ion batteries in China

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Overview and Technology Trends

5. Market Dynamics

6. Automotive Battery Market Segmentation, by Battery Type

7. Automotive Battery Market Segmentation, by Vehicle Type

8. Global Automotive Battery Market Segmentation, By Geography

9. Competitive Landscape

10. Company Profile

• A123 Systems
• Amara Raja Batteries
• Automotive Energy Supply Corporation
• China Aviation Lithium
• Delphi Automotive
• Exide
• Johnson Controls
• Panasonic Corporation
• Saft Group S.A.
• Samsung SD
• Toshiba Corporation
• VARTA

11. Future Outlook of the Market

For more information about this report visit https://www.researchandmarkets.com/research/pmpsz2/global_automotive?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
[email protected]
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: Automotive
Batteries