According to IMARC Group latest report titled “SLI Battery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on SLI battery market growth. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global SLI battery market size reached US$ 8.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.4 Billion by 2032, exhibiting a growth rate (CAGR) of 1.83% during 2024-2032.
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An SLI battery, standing for Starting, Lighting, and Ignition, is a type of lead-acid battery primarily designed to power the starter motor, lights, and ignition system of vehicles like cars and trucks. The process involves creating lead dioxide and sponge lead plates, submerging them in a sulfuric acid electrolyte, and assembling these components in a plastic case. This results in a rechargeable, robust, and reliable power source. It plays an instrumental role in the automotive and transportation industries, ensuring smooth vehicle operation and safety.
Market Trends:
The global market is primarily driven by the flourishing automotive industry, with rising vehicle production and sales. Additionally, the increasing awareness and stringent regulations regarding environmental conservation, prompting manufacturers to invest in eco-friendly and sustainable battery technologies, are propelling market growth. Moreover, continual innovations in battery design, such as advanced lead-acid and absorbent glass mat (AGM) technologies, offer enhanced performance and reliability, fueling the market demand for this product. Furthermore, the rise in the use of start-stop systems in modern vehicles, which require robust and reliable batteries, is boosting the market. In line with this, the increasing popularity of recreational vehicles (RVs) and boats, which require reliable SLI batteries for various functions, is contributing to market expansion.
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Competitive Landscape
- Acumuladores Moura SA
- C&D Technologies Inc.
- Crown Battery Manufacturing Company
- East Penn Manufacturing Co.
- EnerSys
- Exide Technologies
- GS Yuasa International Ltd.
- Hankook & Company Co. Ltd.
Key Market Segmentation:
Our report has categorized the market based on region, type, sales channel, and application.
Type Insights:
- Flooded
- Enhanced Flooded Battery (EFB)
- Valve-Regulated Lead-Acid (VRLA)
Sales Channel Insights:
- OEM
- Aftermarket
Application Insights:
- Automotive
- UPS
- Telecommunication
- Others
Regional Insights:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, South Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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This industry study presents the global Passenger Vehicle SLI Battery market size, historical breakdown data (2013–2018) and forecast (2018–2025).
The Passenger Vehicle SLI Battery production, revenue and market share by manufacturers, key regions and type;The consumption of Passenger Vehicle SLI Battery in volume terms are also provided for major countries (or regions), and for each application and product at the global level.
Market share, growth rate, and competitive factors are also evaluated for market leaders Johnson Controls, GS Yuasa, etc.Global Passenger Vehicle SLI Battery market size will reach million US$ by 2025, from million US$ in 2017, at a CAGR of during the forecast period.
In this study, 2017 has been considered as the base year and 2018–2025 as the forecast period to estimate the market size for Passenger Vehicle SLI Battery.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-passenger-vehicle-sli-battery-2025-919The following manufacturers are covered in this report:Johnson ControlsGS YuasaExide TechnologiesCamel GroupExide IndustriesSebangHitachi ChemicalAmara RajaAtlas BXFengfanEast PennRuiyu BatteryChuanxi StorageBanner BatteriesNipressLeochYachtHaijiuPinacoFurukawa BatteryLCBTong YongPassenger Vehicle SLI Battery Breakdown Data by TypeLithium BatteryLead BatteryPassenger Vehicle SLI Battery Breakdown Data by ApplicationSedansSUVsOthersPassenger Vehicle SLI Battery Production by RegionUnited StatesEuropeChinaJapanSouth KoreaIndiaOther Regions Passenger Vehicle SLI Battery Consumption by RegionNorth AmericaUnited StatesCanadaMexicoAsia-PacificChinaIndiaJapanSouth KoreaAustraliaIndonesiaMalaysiaPhilippinesThailandVietnamEuropeGermanyFranceUKItalyRussiaRest of EuropeCentral & South AmericaBrazilRest of South AmericaMiddle East & AfricaGCC CountriesTurkeyEgyptSouth AfricaRest of Middle East & AfricaThe study objectives are:To analyze and research the global Passenger Vehicle SLI Battery status and future forecast?involving, production, revenue, consumption, historical and forecast.To present the key Passenger Vehicle SLI Battery manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.To segment the breakdown data by regions, type, manufacturers and applications.To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.To identify significant trends, drivers, influence factors in global and regions.To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.In this study, the years considered to estimate the market size of Passenger Vehicle SLI Battery :History Year: 2013–2017Base Year: 2017Estimated Year: 2018Forecast Year: 2018–2025This report includes the estimation of market size for value (million USD) and volume (K Units).
Both top-down and bottom-up approaches have been used to estimate and validate the market size of Passenger Vehicle SLI Battery market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research.
