Saudi Arabia Automotive Battery Market is anticipated to grow at decent CAGR in terms of value during the forecast period by 2028. Rapidly increasing number of passenger car, two-wheeler, light commercial vehicle escalating fleet size across the country to drive the Saudi Arabia Automotive Battery Market in the upcoming years.

In Saudi Arabia, passenger car and are the most preferable vehicles in terms of shared mobility, logistics, and travelling. Passenger cars has the high horsepower in combination with dynamic engines, due to which these are suited for higher accelerations. Therefore, high power for the initiation of engine is generated by the battery. Nowadays, people are adopting battery powered vehicles due to the concern of the environment which is further resulting in increasing the sales of automotive battery in the country.


The spread of COVID-19 pandemic has created both import and export crisis in Saudi Arabia. According to the Saudi Arabia’s General Authority of Statistics, the total exports of the country in the first quarter of 2020, showed a decline of 21.9% as compared to Q1 2019. Imports on the other hand, showed a decline of 11.9% as compared to the same period of 2019. In Q2 2020, imports in the country shows a decline of 24.2% as compared to Q2 2019. Saudi Automotive Battery Market, being an import driven market, witnessed a negative impact from the pandemic.


Rising Online Sales

Growing internet usage has altered business strategies for several industries throughout time, including the automobile battery sector. A significant component in the demand-supply cycle, the e-commerce sector now offers customers home delivery of a wide range of products. The e-commerce platform is being used by the car industry to increase sales across a wide range of countries. The battery market in Saudi Arabia is served by several significant online retailers. In the purview, Online battery shopping is anticipated to grow over the forecast period.


Penetration Of Chinese Players

A few prominent Chinese battery manufacturers are entering the Saudi Arabia market for batteries because of the significant growth in the number of country's vehicle. The rising need for affordable batteries is a key factor in the expansion of Chinese batteries in the area. All battery makers have an equal chance to profit from the rising battery demand in Saudi Arabia because the country's automotive battery market is entirely import-driven. Numerous well-known battery firms in Saudi Arabia are contending with fierce rivalry as Chinese automobile batteries become more widely used. In addition, Chinese batteries are less expensive than premium batteries, which is increasing demand for them. By entry of Chinese brands battery in the Saudi Arabia market the demand of battery is get fulfilled easily and it is driving the market in a positive way.


Government Initiatives

Government initiatives in Saudi Arabia may help to advance the use of electric vehicles there. For the first EV pilot project in Saudi Arabia, the Saudi Electricity Company has agreements with Takaoka Tokyo, Nissan Motor, and Tokyo Electric Power Company. This agreement enables the construction of fast-charging facilities for electric vehicles. Most recently, Saudi Arabia and the UK signed a Memorandum of Understanding (MoU) to cut carbon emissions and support Saudi Vision 2028, which calls for at least 30% electrified passenger cars. The memorandum of understanding commits the two nations to sharing knowledge and working together to create technologies, such as smart grids, which will afterwards fuel the rise of car batteries.

Technological Advancement

Lithium-ion batteries charge more quickly and last longer than conventional battery technology. Lithium-ion batteries are lighter and have a greater power density and battery life. When compared to other traditional batteries like nickel-metal hydride and lead-acid batteries, the lithium-ion battery for automobiles has emerged as an environmentally friendly and rechargeable energy source. The market is expected to increase at the fastest rate in the coming years. It is because, lithium-ion batteries last longer between replacements due to the superior plate technology. Many battery manufacturers have started to invest in the research and development department in order to develop the battery technology for the reduction of battery prices, which will help in the reduction of overall price of vehicles. By the reduction in price of battery the adoption of the battery in the aftermarket will increase with time, this is expected to drive the Saudi Arabia automotive battery market in the coming years.