Jun 20, 2018   SOURCE: BusinessWire

Global Automotive Battery Market Outlook 2017-2026, With an Expected CAGR of 8.5% - ResearchAndMarkets.com

The "Automotive Battery - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to the publisher, the Global Automotive Battery Market is accounted for $52.01 billion in 2017 and expected to grow at a CAGR of 8.5% to reach $109.12 billion by 2026.

Factors such as increasing demand for transportation, rapid expansion in the automotive industry, large-scale availability of batteries in various sizes and specifications, stringent government initiatives for electric vehicles and growing consumer preference for pollution-free electric and hybrid vehicles are fuelling the market growth.

Automotive battery is a battery that can be rechargeable and supply electric energy to automotive systems and automobiles. It is mainly known as rechargeable battery'. The purpose of automotive batteries is to start the system and supply power to the vehicles when electrical requirements exceed the supply from the charging. It is a voltage stabilizer for voltage spikes in electrical vehicle systems and supplies power for the lighting systems and electrical accessories when the engine is not operating.

By Geography, Asia Pacific has registered the largest market share followed by North America during the forecast period owing to the growing demand for automotive applications in countries such as India and South Korea, high sales of commercial cars, passenger cars, and motorcycles, growing infrastructure and rising disposable incomes of people in Indonesia, Malaysia, Thailand and Philippines regions.

Companies Mentioned

  • Automotive Energy Supply Corporation
  • VARTA
  • Delphi Automotive
  • China Aviation Lithium
  • Exide
  • Amara Raja Batteries
  • A123 Systems
  • East Penn Manufacturing Co.
  • Panasonic Corporation
  • The Furukawa Battery Co.
  • Samsung SD
  • Fengfan Co. Ltd.
  • Toshiba Corporation
  • Johnson Controls
  • Saft Group S.A.

Key Topics Covered:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Automotive Battery Market, By Battery Type

6 Global Automotive Battery Market, By Vehicle Type

8 Global Automotive Battery Market, By Function

9 Global Automotive Battery Market, By Sales Channel

10 Global Automotive Battery Market, By Geography

11 Key Developments

12 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/research/5tdgc2/global_automotive?w=4