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Automotive Battery Market is expected to grow at a considerable rate during the forecast period 2018-2023. An automotive battery is a rechargeable battery that supplies electrical energy to a motor vehicle this type of battery is also known as an SLI battery (starting lighting ignition) and its main purpose is to start the engine.
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Orion Market Research Automotive Battery Market, Size, Share, Analysis Report & Forecast to 2023 Request a Free Sample of our Automotive Battery Market: https://www.omrglobal.com/request- sample/automotive-battery-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
Automotive Battery Market is expected to grow at a considerable rate during the forecast period 2018- 2023. An automotive battery is a rechargeable battery that supplies electrical energy to a motor vehicle this type of battery is also known as an SLI battery (starting lighting ignition) and its main purpose is to start the engine. Once the engine is running, power for the automobile electrical systems is supplied by the alternator. Automobile batteries are designed to release a high burst of current and then be quickly recharged. With rising sales of automobiles such as electric vehicles, manufacturers of automotive batteries are focusing on extending the capacity of these batteries by adopting newer technologies and advancement. In parallel to the advent of battery technologies that enable quick recharging and power- saving options, automobile manufacturers and Original Equipment Manufacturer (OEMs) are also being compelled to develop vehicle components & systems with optimized power consumption. A full Report of Automotive Battery Market is Available at: https://www.omrglobal.com/industry- reports/automotive-battery-market The Global automotive battery market is expected to grow at a CAGR of 6.1 % during 2018-2023. The major factor that augments the global automotive battery market is increasing automobile sales, rising adoption of vehicle electrification, growing battery sales in the replacement market, growing lead-acid battery usage in the automobile sector. Though, lack of charging stations for electric vehicles, environmental concern such as lead toxicity, act as a barrier and hinders the growth of global automotive battery market. on the other hand, growing fuel cell-based batteries, R&D on newer battery technologies such as aluminum ion and aluminum air batteries and rising sales of electric vehicles in the forecasted year act as an opportunity and may augment the global automotive battery market in the forecasted year. Request a Free Sample of our Automotive Battery Market: https://www.omrglobal.com/request- sample/automotive-battery-market Global automotive battery market is divided regionally into North America, Europe, Asia Pacific and Rest of the World. APAC is growing at a significant pace and expected to occupy a major market share in the forecasted period. China is the major country in this region owing to overgrowing automobile sales and technological advancement. India is anticipated to become one of the leading economies of the world in the coming decades. It is the second most populous country after China and ranks third in terms of purchasing power parity, after China and the US. With a growing population, India is simultaneously experiencing massive urbanization, this will fuel the automobile sector in India and augment the automotive battery market in the forecasted year. Europe is showing growth in the next five years owing to widespread production of automobiles in countries such as Germany, Italy, Sweden, and the UK. The presence of major automotive manufacturers, such as Jaguar, Volkswagen, Volvo, Audi, BMW, Mercedes-Benz, and Fiat, in the region is anticipated to aid in industrial expansion. •Automotive Battery Market Segmentation By Types Lead Acid Battery Nickel Metal Battery Lithium Ion Battery
Sodium Ion Battery By Fuel Type Internal Combustion (IC) Engine Vehicle Electric Vehicle By Vehicle Type • Two-Wheeler Passenger Commercial • Competitive Landscape Key Strategies Key Company Analysis • Regional Analysis North American United States Canada Europe UK Germany Spain France Italy Rest of Europe APAC India China Japan Rest of APAC Rest of The World • Company Profiles Acdelco Amaron Atlasbx Banner Batteries C&D Technologies Chaowei Power CSB Battery EAST PENN Manufacturing Enersys
EXIDE Technologies First National Battery GS Yuasa Corporate Johnson Controls Midac Power Narada Power Northstar Battery Panasonic Sacred Sun Power Sources Static Power, Inc. Tianneng Power Zibo Torch Energy Co. Ltd. Reasons to Buying From us – 1. We cover more than 15 major industries, further segmented into more than 90 sectors. 2. More than 120 countries are for analysis. 3. Over 100+ paid data sources mined for investigation. 4. Our expert research analysts answer all your questions before and after purchasing your report. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/automotive-battery-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404
