Automotive Lead Acid Battery Market Owing to Downward Trend in Sales of Motorcycles and Cars | Panasonic, Exide, CSB

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Global Automotive Lead Acid Battery Market

#3200,SEATTLE, WASHINGTION , UNITED STATES, March 1, 2022 /EINPresswire.com / -- Global Automotive Lead Acid Battery market is expected to be valued at US$ 34,535.01million by 2027, witnessing a CAGR of 4.6% % during the forecast period (2019-2027), as highlighted in a report published by Coherent Market Insights.

Market Dynamics
In the last few years, the number of batteries produced has increased steadily. In North America alone, there are almost 500 different lead acid manufacturers from a wide variety of manufacturers. Some major manufacturers that are prominent in the automotive industry are Sony, Bosch, and LG Chem. It is not surprising to find that these leading players have also established large manufacturing plants in Asia Pacific.

The automotive lead acid battery market in North America is expected to witness significant decline, as sales of motorcycles and cars witness downward trend. For instance, Yamaha Motor Co. has projected that the company's motorcycle sales will drop 4.7% to 60,000 units in North America in 2020. During the fiscal year ended December 31, 2019, motorcycle sales dropped 6.3% to 63,000 units year over year. Similarly, Harley-Davidson Inc. reported that retail sales volumes dropped 4.3% in 2019 from 2018.

𝗙𝗼𝗿 𝗶𝗻-𝗗𝗲𝗽𝘁𝗵 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀, 𝗚𝗲𝘁 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 @

Market Summary:
The Coherent Market Insights research report is an essential document for Automotive Lead Acid Battery market enthusiasts, policymakers, investors, and players. In addition, this market report also provides top to a bottom estimation of the market with respect to income and the developing business sectors. For a clear knowledge of the market, every aspect covered in the study has been examined and presented in detail. An analytical assessment of the competitors gives a clear idea of the most important challenges faced by them in the current market and in the coming years.

Report Methodology:-
The Automotive Lead Acid Battery market study report provides a logical and comprehensive assessment of current competition and future trends. Aside from the financial overview, the commodities division component shares, sales data, the organization's presence, and the corporate profile section all provide essential information about the key stakeholders. The research study objectives of the Automotive Lead Acid Battery Market report are continuously involved in the research of the profile of key players that are established in recent times to keep the record updated.

𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲:-
» Exide Technologies
» Enersys Inc.
» FIAMM S.p.A
» Johnson Controls Inc.
» Exide Industries
» GS Yuasa Corporation
» CSB Battery Technologies
» Panasonic Corporation
» East Penn Manufacturing Company
» Leoch International Technology Limited.

August 2020: Fiamm announced to equip its lead-acid battery with Galooli's AI Remote Management and GPS Tracking Solution to fight industrial-battery theft— a concern for operators of remote assets in the telecom and railway industries.

𝗪𝗮𝗻𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝘁𝗵𝗲 𝗼𝗯𝘀𝘁𝗿𝘂𝗰𝘁𝗶𝗼𝗻𝘀 𝘁𝗼 𝘆𝗼𝘂𝗿 𝗰𝗼𝗺𝗽𝗮𝗻𝘆'𝘀 𝗴𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲? 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗮 𝗯𝗿𝗼𝗰𝗵𝘂𝗿𝗲 @

The global automotive lead acid battery production has been increasing steadily since early 1990s. The production rate is predicted to be about 50 million a year by the end of the next decade. This is expected to grow to around 100 million a year in the coming decade. In North America alone, the average production for automotive lead acid batteries is estimated at over three million a year. Asia Pacific is expected to make a significant contribution to the automotive lead acid battery market.

A major growth trend is expected in Asia Pacific, where the demand for automotive lead acid batteries is expected to grow at double the rate of the United States. Demand for the batteries is expected to be much higher in South Korea and Japan. The development of new technologies is expected to result in the reduction of cost while maintaining the high quality and safety. The global automotive lead acid battery manufacturing is expected to continue its rapid growth due to a wide range of factors including higher quality, lower cost and better output.

Key Highlights of the Report:-
✤ Market Performance
✤ Market Outlook (2022-2027)
✤ Market Trends
✤ Market Drivers and Success Factors
✤ The Impact of COVID-19 on the Global Market
✤ Value Chain Analysis
✤ Structure of the Global Market
✤ Comprehensive mapping of the competitive landscape

𝗗𝗶𝗿𝗲𝗰𝘁 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝘁𝗵𝗶𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 𝗡𝗼𝘄 𝗪𝗶𝘁𝗵 𝗘𝗻𝗼𝗿𝗺𝗼𝘂𝘀 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁 @

Objectives of the Study:-
✤ To elucidate in-depth details about the key influencing factors of growth in the market including drivers, threats, opportunities, and constraints.
✤ The report provides details of leading niche company profiles.
✤ To analyze the important markets by presenting individual growth trends in the markets, growth prospects, and overall contribution to the overall growth of the market.
✤ In-detailed analysis of company players and identify their new opportunities.
✤ A deep research study of prioritized geographic and end-user markets.
✤ The report provides market statistics prepared with different industry standards such as SWOT, PESTLE, primary research, secondary research, and more.
✤ Market size summary for the products, services, technologies, platforms, and solutions in the selected countries
✤ Market value and annual growth of the products and services, by category
✤ Summary of product development attributes to new markets.
✤ Stakeholder perceptions for the future of the Automotive Lead Acid Battery market.

𝗔𝘀𝗸 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗳𝗼𝗿 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗘𝘅𝗽𝗹𝗼𝗿𝗲 𝗳𝘂𝗹𝗹 𝗿𝗲𝗽𝗼𝗿𝘁 𝘄𝗶𝘁𝗵 𝗧𝗢𝗖 & 𝗟𝗶𝘀𝘁 𝗼𝗳 𝗙𝗶𝗴𝘂𝗿𝗲𝘀:

Mr. Shah
Coherent Market Insights Pvt. Ltd.
206-701-6702
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