Automotive Lead-Acid Battery Market is expected to grow at a CAGR of 2.5% through 2030F
The global Automotive Lead-Acid Battery Market
is expected to be led by North America, driven by Environmental Considerations and
Urbanization and Rising Disposable Incomes during the forecast period 2026-2030F
According to TechSci Research
report, “Automotive
Lead-Acid Battery Market - Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2030F, The Global Automotive Lead-Acid Battery
Market was valued at USD 14.9 billion in 2024 and is expected to reach USD 17.4
billion by 2030 with a CAGR of 2.5% through 2030. Lead-acid batteries are known for their
cost-effectiveness, long service life, and wide availability, making them a
preferred choice for both OEMs and consumers, especially in conventional
internal combustion engine (ICE) vehicles.
Another
driver is the rising emphasis on vehicle electrification, including hybrid and
plug-in hybrid vehicles, which still rely on lead-acid batteries for certain
functions like powering auxiliary systems. While lithium-ion batteries dominate
in fully electric vehicles, lead-acid batteries are crucial in hybrid and
micro-hybrid models, as they offer a more economical alternative for
non-propulsion needs.
Additionally,
regulatory pressures on automakers to meet fuel efficiency and emission
standards are pushing the industry toward more efficient battery technologies.
Lead-acid batteries, with their established performance record and ability to
comply with regulatory requirements, continue to be a critical component in
meeting these mandates, especially in markets where cost remains a significant
consideration. Furthermore, the extensive recycling infrastructure for
lead-acid batteries contributes to the market’s growth by minimizing
environmental impact and providing cost-effective solutions for battery
manufacturers, creating a circular economy within the industry.
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Based on Type, Enhanced Flooded
Batteries segment dominated the Automotive Lead-Acid Battery Market in 2024 and
maintain its leadership throughout the forecast period, due to its advanced
features and increased demand from vehicles equipped with start-stop systems.
EFBs are designed to handle the frequent charge and discharge cycles required
by start-stop technology, making them highly suitable for modern vehicles that
experience frequent engine shutdowns and restarts to improve fuel efficiency
and reduce emissions.
EFBs are an upgrade from traditional
flooded batteries, offering better performance, longer life, and higher charge
acceptance. These features make them ideal for the automotive industry,
particularly for passenger vehicles and commercial vehicles with start-stop
technology. Unlike standard flooded batteries, EFBs can withstand the high
number of cycles that come with these systems without significant degradation
in performance. This durability and improved efficiency make EFBs increasingly
popular among automakers, as they help optimize fuel efficiency while reducing
the overall environmental footprint of vehicles.
The demand for EFBs is also being driven
by the growing emphasis on sustainability and the need to reduce carbon
emissions. As regulations tighten globally, automakers are incorporating more
energy-efficient systems, such as start-stop technology, which directly impacts
the need for advanced battery solutions like EFBs. Furthermore, EFBs are more
cost-effective than higher-end AGM (Absorbent Glass Mat) batteries, making them
an attractive option for mass-market vehicles, where affordability is crucial.
The automotive lead-acid battery market
has also seen significant growth in regions such as Europe and North America,
where start-stop systems are becoming increasingly standard in new vehicles.
The shift toward EFBs is particularly notable in these regions, as automakers
aim to meet fuel economy and emission standards while offering consumers
reliable and affordable battery options. As a result, the EFB segment is
expected to continue dominating the automotive lead-acid battery market, driven
by advancements in battery technology and growing demand for energy-efficient
vehicles.
Based on region, Asia Pacific is emerging as the
fastest-growing region for the Automotive Lead-Acid Battery Market, driven by
rapid industrialization, increasing vehicle production, and rising vehicle
ownership in key countries such as China, India, and Japan. The region has
become a manufacturing hub for automotive components, including lead-acid
batteries, due to the presence of major automotive manufacturers and suppliers.
The demand for automotive lead-acid
batteries in Asia Pacific is further fueled by the growing adoption of
start-stop technology in vehicles to improve fuel efficiency and reduce
emissions. This technology requires advanced batteries like Absorbent Glass Mat
(AGM) and Enhanced Flooded Batteries (EFB), which are becoming more prevalent
in the region's automotive market. Additionally, the growing middle-class
population in countries like China and India is driving the demand for
passenger cars, boosting the need for reliable and cost-effective battery
solutions.
Government initiatives supporting the
automotive industry, such as subsidies and incentives for vehicle
manufacturing, alongside the increasing number of automotive OEMs establishing
production facilities in the region, also contribute to the growth of the
automotive lead-acid battery market. Moreover, the high recycling rate of
lead-acid batteries in Asia Pacific adds to their sustainability appeal,
encouraging their continued use in conventional vehicles. As vehicle production
and sales in Asia Pacific continue to rise, the region is expected to maintain
its leadership in the automotive lead-acid battery market, becoming a key
contributor to the industry's growth over the coming years.
Key market players in the Automotive
Lead-Acid Battery Market are: -
- C&D Technologies Inc.
- CSB Energy Technology Co. Ltd (Showa
Denko K.K.)
- East Penn Manufacturing Company
- Exide Industries Ltd.
- GS Yuasa Corporation
- Koyo Battery Co., Ltd.
- Leoch International Technology Ltd
- PT. Century Batteries Indonesia
- Robert Bosch GmbH
- Thai Bellco Battery Co. Ltd.
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“The global automotive lead-acid battery
market presents several opportunities, driven by advancements in battery
technology and growing demand for energy-efficient vehicles. One key
opportunity lies in the increasing adoption of start-stop systems, which are
becoming standard in many new vehicles to enhance fuel efficiency and reduce
emissions. This trend boosts the demand for advanced lead-acid batteries, such
as Enhanced Flooded Batteries (EFB) and Absorbent Glass Mat (AGM) batteries,
which are designed to withstand frequent charge and discharge cycles.” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based global management consulting firm.
“Automotive Lead-Acid
Battery Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented By Vehicle Type (Passenger Cars, Commercial Vehicles,
Two-Wheelers, HEV Cars), By Product (SLI Batteries, Micro Hybrid Batteries), By
Type (Flooded Batteries, Enhanced Flooded Batteries, VRLA Batteries), By
Region, By Competition, 2020-2030F”has
evaluated the future growth potential of Automotive Lead-Acid Battery Market
and provides statistics & information on market size, structure, and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Automotive Lead-Acid
Battery Market.
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