Wednesday 11 December 2019

New Research: Automotive Battery Market Definition, Challenges and Specifications Forecast to 2025


Felton, 11 December 2019 - This report provides in depth study of “Automotive Battery Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Automotive Battery Market report also provides an in-depth survey of top key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

This report includes market status and forecast of global and major regions, with introduction of vendors, regions, product types and end industries; and this report counts product types and end industries in global and major regions.
Market Segment:
Automotive Battery Type Outlook (Revenue, USD Billion, 2014 - 2025)
    • Lithium-ion based
    • Lead-acid based
        • Construction type
        • Product
    • Nickel-based
    • Sodium-ion
    • Others
Automotive Battery: Vehicle Type Outlook (Revenue, USD Billion, 2014 - 2025)
    • Passenger vehicles
    • Commercial vehicles
    • Electric vehicles
        • BEV
        • PHEV
    • Others
Global Automotive Battery Market is expected to reach USD 95.57 billion by 2025 as the scope and its applications are rising enormously across the globe. Automotive Battery is a termed as a rechargeable battery that supplies electrical current to a motor vehicle to start an engine. Alternator supply power for the cars electrical system. The automotive battery industry is expected to grow at a CAGR of 7.9% in the forecast period.
Rising number of the electric cars on the road, high investment in research and development sector, and rising government initiative to reduce carbon emission are documented as major factors of Automotive Battery Market that are estimated to enhance the growth in the years to come. Also, vast growth in automotive sector, rising consumer preference for pollution free cars, and high demand from developing countries are another factors estimated to grow in coming years. Automotive Battery Market is segmented based on vehicle type, battery type, and region.
Commercial vehicles, passenger vehicles, two wheelers, electric vehicles, and others are the vehicle types that could be explored in Automotive Battery in the future period. Commercial vehicles may be heavy commercial vehicles and light commercial vehicles. Passenger vehicle sector accounted for the largest market share of Automotive Battery and is estimated to lead the overall market in the coming years. Electric vehicles include plug-in hybrid electric vehicle (PHEV) and battery electric vehicle (BEV). In 2016, China sold more than 40% of the total electric cars. However, the electric vehicle sector is estimated to grow at fastest pace in the coming years.
For More Technical Insights, Download Brochure @ https://www.millioninsights.com/industry-reports/automotive-battery-market
Major Key Points in Table of Content
1 Market Definition
2 Global Market by Vendors
3 Global Market by Type
4 Global Market by End-Use / Application
5 Global Market by Regions
6 North America Market
7 Europe Market
8 Asia-Pacific Market
9 South America Market
10 Middle East & Africa Market
11 Market Forecast
12 Key Manufacturers
13 Price Overview
14 Research Conclusion
Continued….
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