Automotive Lead-Acid Battery Market Trends 2025, In-Depth Analysis of Industry Growth and Forecast Up To 2032

An automotive lead-acid battery is a rechargeable battery commonly used to start engines and power vehicle electrical systems. It relies on lead plates and a liquid electrolyte, offering reliability and low cost but with limitations in weight and efficiency compared to newer technologies. The global automotive lead-acid battery market is projected to grow from USD 28.88 billion in 2024 to USD 36.72 billion by 2032, at a CAGR of 3.0% from 2024 to 2032. This report provides a comprehensive analysis of the industry, including automotive lead-acid battery market trends, market size, share, drivers and constraints, competitive aspects, and prospects for future growth. The market's growth is driven by the increasing demand for cost-effective and reliable battery solutions in the automotive industry and the widespread availability of lead-acid battery.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=33272549

Global Automotive Lead-Acid Battery Market Dynamics

Driver: Rising Vehicle Production and Demand for Affordable Batteries

Growing vehicle production worldwide, especially in India, China, and Southeast Asia, is fueling demand for reliable, low-cost lead-acid batteries. Widely used in passenger cars, trucks, and motorcycles for starting, lighting, and ignition, these batteries remain essential as ICE vehicles continue to dominate despite the rise of EVs.

Restraint: Weight and Efficiency Limitations

Lead-acid batteries are heavy due to their lead electrodes and liquid electrolyte, reducing vehicle performance and fuel economy. Their low energy-to-weight ratio makes them less efficient than lithium-ion batteries, which deliver higher energy density and are preferred for modern, lightweight, high-performance electric vehicles. 

 

Automotive Lead Acid Battery Companies

Companies such as EnerSys (US), Clarios (US), East Penn Manufacturing Company (US), GS Yuasa International Ltd. (Japan), and Exide Industries Ltd. (India) fall under the winners’ category. These are leading players globally in the automotive lead acid battery market. These players have adopted the strategies of new product launches, partnerships, agreements, and acquisitions to fulfill the rising demand for automotive lead acid battery on the regional and global levels.

Get a Sample Copy of This Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=33272549

EnerSys (US)

EnerSys is a global leader in stored energy solutions, providing varieties of batteries to different applications. The company offers its products through various segments, including motive power (for forklifts, material handling equipment, and others), energy systems (for data centers, telecom, and others), and specialty for various niche applications. It offers services that include designing, building, installing, and maintaining battery systems. It offers its products for use in different industries, including communications network, logistics & warehousing, transportation, cable broadband, data centers, industrial power & utilities, aerospace & defense, safety & security, and medical.

The company has a global presence with manufacturing facilities in China, Europe, the US, and Oceania and serves customers in over 100 countries. It also has regional headquarters in Europe and Asia. Alpha Technologies Services, Inc. (US), NorthStar Battery (US), Odyssey Battery (US), ICS Industries (Australia), and Purcell Systems (US)are the subsidiaries of Enersys.

Clarios (US)

Clarios, formerly Johnson Controls Power Solutions, is an energy storage solutions provider to the automotive industry. Johnson Controls Power Solutions, the battery division of Johnson Controls international Inc., was acquired by Brookfield Business Partners LP, and was renamed Clarios on May 2019. Clarios sells its automotive batteries globally under both private labels and company brand names like Varta, Optima, LTH, Delkor, Baterias MAC, and Heliar. Clarios has more than 50 manufacturing, recycling & distribution centers worldwide. The company has its presence in more than 100 countries in North America, Europe, and Asia Pacific.

East Penn Manufacturing Company (US)

East Penn Manufacturing Company is a leading producer of high-quality lead-acid batteries and accessories, serving a wide range of applications such as automotive, commercial, marine, industrial, and stationary power. Its product lineup includes starting, deep-cycle, AGM (Absorbent Glass Mat), and gel batteries, catering to both original equipment manufacturers (OEMs) and the aftermarket. Alongside batteries, East Penn offers a full range of battery accessories, like cables, terminals, and chargers.

The company operates through four main divisions: Transportation, Motive Power, Reserve Power, and Wire, Cable & Battery Accessories. East Penn maintains a strong international presence through subsidiaries in various countries, including Nivitas Systems LLC (US), East Penn Canada (Canada), East Penn International (China), and MK Battery (US).

Speak to Expert: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=33272549

GS Yuasa International Ltd. (Japan)

GS Yuasa International Ltd. is a subsidiary of GS Yuasa Corporation, a major player in the battery manufacturing industry. The company primarily focuses on the production and sale of automotive and industrial batteries, power supply systems, and other electrical equipment. GS Yuasa manufactures a wide range of lead-acid batteries for various automotive applications, including passenger cars, commercial vehicles, and motorcycles. The company also produces industrial batteries for various applications such as forklifts, UPS systems, and renewable energy storage systems. GS Yuasa offers a range of power supply systems for various industries, including telecommunications, data centers, and medical equipment. The company also manufactures other electrical equipment, such as switchgear and substation equipment, which are essential components of electrical power distribution systems. GS Yuasa International Ltd. has a strong global presence with manufacturing facilities and sales offices in Asia, Europe, North America, and Others.

Exide Industries Ltd. (India)

Exide Industries Ltd. is an Indian multinational company specializing in the manufacturing of storage batteries and power storage solutions. Exide is the largest manufacturer of lead acid storage batteries in India. These batteries power a wide range of applications including automotive, industrial, home UPS, railways, mining, defense, and marine. The company has a vast distribution network across India, ensuring easy accessibility to its products. Exide also invests in research and development to stay at the forefront of battery technology. Exide operates nine manufacturing units located across India, with seven dedicated to battery production and two focused on manufacturing Home UPS Systems.

The SLI battery segment is expected to account for the largest value share of the automotive lead acid battery market by product during the forecast period.

SLI (Starting, Lighting, and Ignition) batteries hold the largest value share in the automotive lead acid battery market due to their widespread use in traditional internal combustion engine vehicles. These batteries are essential for powering critical vehicle functions like starting the engine, providing electricity to lighting systems, and supporting electrical components. The dominance of SLI batteries is attributed to the vast number of ICE vehicles on the road, especially passenger cars which form the largest segment within the automotive market.

Inquire Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=33272549

By customer segment, the aftermarket segment is expected to account for the largest market share during the forecast period in terms of value.

The aftermarket segment holds the largest value share in the automotive lead acid battery market due to the inevitable need for battery replacements as vehicles age. As lead-acid batteries have a finite lifespan, the demand for replacement batteries remains consistent. Factors like increasing vehicle ownership, especially in emerging markets, and the aging vehicle fleet contribute to the growth of the aftermarket segment. Additionally, advancements in battery technology, such as enhanced flooded batteries (EFB) and absorbent glass mat (AGM) batteries, cater to the evolving needs of modern vehicles and further drive the aftermarket demand.

Asia Pacific will register the largest market share during the forecast period.

The Asia Pacific region holds the largest value share in the global automotive lead acid battery market due to its massive automotive industry, rapid urbanization, and increasing vehicle ownership rates. Countries like China, India, and Japan are major automotive hubs, driving significant demand for lead-acid batteries. Additionally, the region's growing middle class and rising disposable incomes are fueling the purchase of personal vehicles, further boosting the market. Moreover, the presence of several key automotive manufacturers and suppliers in the region contributes to its dominance in the lead-acid battery market.

Highlights of Our Report:

⏩Extensive Market Analysis: A deep dive into the manufacturing capabilities, production volumes, and technological innovations within the Automotive Lead Acid Battery Market.

⏩ Corporate Insights: An in-depth review of company profiles, spotlighting major players and their strategic manoeuvres in the market's competitive arena.

⏩Consumption Trends: A detailed analysis of consumption patterns, offering insight into current demand dynamics and consumer preferences.

⏩Segmentation Details: An exhaustive breakdown of end-user segments, depicting the market's spread across various applications and industries.

⏩ Pricing Evaluation: A study of pricing structures and the elements influencing market pricing strategies.

⏩ Future Outlook: Predictive insights into market trends, growth prospects, and potential challenges ahead.

Leia mais