Global Automotive Batteries Market 2023-2027

Description

List of Tables

Technavio has been monitoring the automotive batteries market and is forecast to grow by $89.21 bn during 2022-2027, accelerating at a CAGR of 17.75% during the forecast period. Our report on the automotive batteries market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rise in sales of passenger cars, growing demand for air conditioning systems in commercial vehicles in APAC, and the rise in sales of electric vehicles.

Technavio's automotive batteries market is segmented as below:

By Vehicle Type

Passenger cars
Commercial vehicles

By Channel

OEM
Aftermarket

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the growing demand for AGM batteries as one of the prime reasons driving the automotive batteries market growth during the next few years. Also, an increase in average miles driven and the growing focus on R&D to develop powerful batteries will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the automotive batteries market covers the following areas:

Automotive batteries market sizing
Automotive batteries market forecast
Automotive batteries market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive batteries market vendors that include A123 Systems LLC, Amara Raja Group, Clarios, Crown Battery Manufacturing Co., East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., Furukawa Electric Co. Ltd., GS Yuasa Corp., HBL Power Systems Ltd., Hitachi Ltd., Leoch International Technology Ltd., LG Corp., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung SDI Co. Ltd., Shandong Sacred Sun Power Sources Co. Ltd., TotalEnergies SE, Montana Tech Components AG, and Toshiba Corp. Also, the automotive batteries market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR40989

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Channel
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global automotive batteries market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global automotive batteries market 2017 - 2021 ($ billion)
4.2 Vehicle type Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Vehicle type Segment 2017 - 2021 ($ billion)
4.3 Channel Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Channel Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Vehicle Type

6.1 Market segments
Exhibit 30: Chart on Vehicle Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Vehicle Type - Market share 2022-2027 (%)
6.2 Comparison by Vehicle Type
Exhibit 32: Chart on Comparison by Vehicle Type
Exhibit 33: Data Table on Comparison by Vehicle Type
6.3 Passenger cars - Market size and forecast 2022-2027
Exhibit 34: Chart on Passenger cars - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Passenger cars - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Passenger cars - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Passenger cars - Year-over-year growth 2022-2027 (%)
6.4 Commercial vehicles - Market size and forecast 2022-2027
Exhibit 38: Chart on Commercial vehicles - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Commercial vehicles - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Vehicle Type
Exhibit 42: Market opportunity by Vehicle Type ($ billion)

7 Market Segmentation by Channel

7.1 Market segments
Exhibit 43: Chart on Channel - Market share 2022-2027 (%)
Exhibit 44: Data Table on Channel - Market share 2022-2027 (%)
7.2 Comparison by Channel
Exhibit 45: Chart on Comparison by Channel
Exhibit 46: Data Table on Comparison by Channel
7.3 OEM - Market size and forecast 2022-2027
Exhibit 47: Chart on OEM - Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Data Table on OEM - Market size and forecast 2022-2027 ($ billion)
Exhibit 49: Chart on OEM - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on OEM - Year-over-year growth 2022-2027 (%)
7.4 Aftermarket - Market size and forecast 2022-2027
Exhibit 51: Chart on Aftermarket - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Data Table on Aftermarket - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Chart on Aftermarket - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Aftermarket - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Channel
Exhibit 55: Market opportunity by Channel ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 57: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 58: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 59: Chart on Geographic comparison
Exhibit 60: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 81: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 82: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 83: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 Japan - Market size and forecast 2022-2027
Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.11 Germany - Market size and forecast 2022-2027
Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.12 India - Market size and forecast 2022-2027
Exhibit 97: Chart on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 98: Data Table on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 99: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on India - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 101: Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 102: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 104: Overview on factors of disruption
11.4 Industry risks
Exhibit 105: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 106: Vendors covered
12.2 Market positioning of vendors
Exhibit 107: Matrix on vendor position and classification
12.3 A123 Systems LLC
Exhibit 108: A123 Systems LLC - Overview
Exhibit 109: A123 Systems LLC - Product / Service
Exhibit 110: A123 Systems LLC - Key offerings
12.4 Amara Raja Group
Exhibit 111: Amara Raja Group - Overview
Exhibit 112: Amara Raja Group - Business segments
Exhibit 113: Amara Raja Group - Key offerings
Exhibit 114: Amara Raja Group - Segment focus
12.5 Clarios
Exhibit 115: Clarios - Overview
Exhibit 116: Clarios - Product / Service
Exhibit 117: Clarios - Key news
Exhibit 118: Clarios - Key offerings
12.6 Crown Battery Manufacturing Co.
Exhibit 119: Crown Battery Manufacturing Co. - Overview
Exhibit 120: Crown Battery Manufacturing Co. - Product / Service
Exhibit 121: Crown Battery Manufacturing Co. - Key offerings
12.7 East Penn Manufacturing Co. Inc.
Exhibit 122: East Penn Manufacturing Co. Inc. - Overview
Exhibit 123: East Penn Manufacturing Co. Inc. - Product / Service
Exhibit 124: East Penn Manufacturing Co. Inc. - Key news
Exhibit 125: East Penn Manufacturing Co. Inc. - Key offerings
12.8 EnerSys
Exhibit 126: EnerSys - Overview
Exhibit 127: EnerSys - Business segments
Exhibit 128: EnerSys - Key news
Exhibit 129: EnerSys - Key offerings
Exhibit 130: EnerSys - Segment focus
12.9 Exide Industries Ltd.
Exhibit 131: Exide Industries Ltd. - Overview
Exhibit 132: Exide Industries Ltd. - Product / Service
Exhibit 133: Exide Industries Ltd. - Key offerings
12.10 Furukawa Electric Co. Ltd.
Exhibit 134: Furukawa Electric Co. Ltd. - Overview
Exhibit 135: Furukawa Electric Co. Ltd. - Business segments
Exhibit 136: Furukawa Electric Co. Ltd. - Key news
Exhibit 137: Furukawa Electric Co. Ltd. - Key offerings
Exhibit 138: Furukawa Electric Co. Ltd. - Segment focus
12.11 GS Yuasa Corp.
Exhibit 139: GS Yuasa Corp. - Overview
Exhibit 140: GS Yuasa Corp. - Business segments
Exhibit 141: GS Yuasa Corp. - Key news
Exhibit 142: GS Yuasa Corp. - Key offerings
Exhibit 143: GS Yuasa Corp. - Segment focus
12.12 Hitachi Ltd.
Exhibit 144: Hitachi Ltd. - Overview
Exhibit 145: Hitachi Ltd. - Business segments
Exhibit 146: Hitachi Ltd. - Key news
Exhibit 147: Hitachi Ltd. - Key offerings
Exhibit 148: Hitachi Ltd. - Segment focus
12.13 LG Corp.
Exhibit 149: LG Corp. - Overview
Exhibit 150: LG Corp. - Business segments
Exhibit 151: LG Corp. - Key offerings
Exhibit 152: LG Corp. - Segment focus
12.14 Panasonic Holdings Corp.
Exhibit 153: Panasonic Holdings Corp. - Overview
Exhibit 154: Panasonic Holdings Corp. - Business segments
Exhibit 155: Panasonic Holdings Corp. - Key news
Exhibit 156: Panasonic Holdings Corp. - Key offerings
Exhibit 157: Panasonic Holdings Corp. - Segment focus
12.15 Robert Bosch GmbH
Exhibit 158: Robert Bosch GmbH - Overview
Exhibit 159: Robert Bosch GmbH - Business segments
Exhibit 160: Robert Bosch GmbH - Key offerings
Exhibit 161: Robert Bosch GmbH - Segment focus
12.16 Toshiba Corp.
Exhibit 162: Toshiba Corp. - Overview
Exhibit 163: Toshiba Corp. - Business segments
Exhibit 164: Toshiba Corp. - Key offerings
Exhibit 165: Toshiba Corp. - Segment focus
12.17 TotalEnergies SE
Exhibit 166: TotalEnergies SE - Overview
Exhibit 167: TotalEnergies SE - Business segments
Exhibit 168: TotalEnergies SE - Key news
Exhibit 169: TotalEnergies SE - Key offerings
Exhibit 170: TotalEnergies SE - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 171: Inclusions checklist
Exhibit 172: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 173: Currency conversion rates for US$
13.4 Research methodology
Exhibit 174: Research methodology
Exhibit 175: Validation techniques employed for market sizing
Exhibit 176: Information sources
13.5 List of abbreviations
Exhibit 177: List of abbreviations