According to a new report published by Reports Monitor titled, “Automotive Battery Market by Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2018–2025,” the Automotive Battery Market is rapidly growing from 2018 to 2025.
The demand for the market is increasing in Asia Pacific region. Increasing product demand in automotive applications in different countries such as South Korea, India, Malaysia, and Indonesia is likely to positively influence the growth of the region.
Automotive batteries are called as rechargeable batteries which supplies electric energy to automobiles. The main purpose of the battery is to feed the starter, which starts the engine. However, the battery also serves as voltage stabilizer by absorbing abnormal transient voltages in vehicle electrical system. These batteries also supply power to automobile accessories such as radio, music player, air conditioners, wipers and charging plus.
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There are various elements responsible to drive the growth of the market in coming years. Fuel cell technology-based automobile batteries are gaining wider acceptance in the market mainly because of their increased output efficiency and reduction in pollutant bi-products. Moreover, these batteries use harmless products such as oxygen and hydrogen as fuel and hence this technology is accepted by the vehicle makers to drive the global automotive battery market.
The global Automotive Battery Market report consists of various tools and techniques including, porters, value chain, market share analysis, and others. The data used in this report is gathered from extensive primary and secondary sources. These report gives the overall idea of market trends, opportunities, restraints, challenges, and others. The report includes major players along with their development strategies such as expansion, acquisition, merger, and others.
On the basis of segmentation, the market is bifurcated into different segments such as by chemical composition, by vehicle, by sales channel, and by region. The chemical composition segment is divided into lithium-ion, nickel-metal hydride, nickel-cadmium, and small sealed lead acid. However, based on the vehicle, it is categorized into compact vehicle, mid-sized vehicle, premium vehicle, and others. Sales channel is differentiated into OEM and Aftermarket.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• Who are the major key players in global automotive battery market and what are their strategies?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?
The major companies profiled in the report include: East Penn Manufacturing Co. Inc., Camel Group Co. Ltd., Exide Technologies, FIAMM S.p.A., Fengfan Co. Ltd., Douglas Battery, Zhejiang Narada Power Source Co. Ltd., Johnson Controls Inc. The Furukawa Battery Co. Ltd., and Shandong Sacred Sun Power Sources Co. Ltd.
In-depth table of contents for this report @ http://bit.ly/2waOfQA
The study for Global Automotive Battery Market will provide market size, estimates and forecast based on the following years:
Historic data: 2015
Base Year Estimate: 2016
Forecast: 2017 to 2025
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
1.1 Market Definition
1.2. Market Scope
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Automotive Battery- Value Chain Analysis
3.3. Key Market Trend Analysis
3.3.1. Market Drivers
3.3.2. Market Restraint/Challenges
3.3.3. Market Opportunities
3.4. Porter’s Five Forces Analysis
3.5. Potential Venture Avenues
3.6. Market Share Analysis, 2016
3.7. Market Overview – Automotive Battery, Product Landscape
We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.