Market Research Report
|Published by||Global Industry Analysts, Inc.||Product code||958723|
|Published||Content info||203 Pages
Delivery time: 1-2 business days
|Published: September 1, 2020||Content info: 203 Pages||
Global Start-stop Batteries Market to Reach $16.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Start-stop Batteries estimated at US$4.8 Billion in the year 2020, is projected to reach a revised size of US$16.1 Billion by 2027, growing at aCAGR of 19% over the period 2020-2027. EVs Start-Stop Battery, one of the segments analyzed in the report, is projected to record 18.1% CAGR and reach US$6.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Automotive Start-Stop Battery segment is readjusted to a revised 19.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 24.5% CAGR
The Start-stop Batteries market in the U.S. is estimated at US$1.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2027 trailing a CAGR of 24.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.8% and 16.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15% CAGR.We bring years of research experience to this 8th edition of our report. The 203-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,