Global Automotive Battery Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2034
The Global Automotive Battery Market is segmented based on by Battery Type (Lead Acid, Lithium-Ion, and Other Battery Types), Vehicle Type (Passenger Cars and Commercial Vehicles), Drive Type (IC Engines and Electric Vehicles).
| Forecast Period | 2025 –2034 |
| Market Size (Base Year) | USD 93.3 Billion |
| Market Size (Forecast Year) | USD 526.8 Billion |
| CAGR | 18.9% |
Global Automotive Battery Market
The Global Automotive Battery Market was valued at USD 93.3 billion in 2024 and is anticipated to grow at a CAGR of 18.9% from 2025 to 2034. This expansion is driven by the fast-paced evolution of electric vehicles (EVs), rising transport electrification, and growing consumer concerns regarding sustainable mobility. Battery systems in automobiles are the driving force behind EV propulsion and also an essential element in internal combustion engine (ICE) vehicles for starting and power supply for auxiliary applications.
Automotive batteries are energy storage devices used to start, power, and operate vehicles. They provide electricity to ignition systems, lights, infotainment units, and electric powertrains in EVs and hybrid vehicles. These include lead-acid, lithium-ion, nickel-metal hydride, and solid-state batteries, each suited for specific automotive applications.
Growing investments in EV infrastructure, supportive government policies, and strong R&D in battery technology have driven the market growth. The Asia-Pacific region, with China, Japan, and South Korea at the forefront, leads battery production due to well-developed manufacturing ecosystems and strong policy backing. Western markets, on the other hand, are experiencing increasing demand for high-performance, low-emitting vehicles, leading to a spurt in lithium-ion battery demand. The aftermarket segment is also increasing as older vehicle fleets need regular battery replacement.
Issues including high manufacturing prices, shortages of raw materials, and battery recycling continue to exist. However, innovations in solid-state batteries and second-life battery applications are poised to shape a more efficient and sustainable battery landscape in the coming years.
Market Trends
Surging Demand for Lithium-Ion Batteries in EVs
Lithium-ion batteries are increasingly taking over conventional lead-acid batteries because of higher energy density, reduced weight, and better lifecycle. As the leading automobile makers are turning towards electric mobility, lithium-ion battery manufacturing has scaled to hitherto unseen levels. Manufactures like Tesla, General Motors, and BYD are heavily investing in battery giga factories to establish secure supply chains. EU and North American governments are also supporting local battery production to curb imports and enhance clean transportation objectives. This is reshaping the power ecosystem of the automobile industry around the world.
Integration of Battery Management Systems (BMS) for Performance Optimization
Integration of Battery Management Systems (BMS) for Optimization of Performance: Contemporary automotive batteries are being fitted with sophisticated Battery Management Systems (BMS) to keep an eye on, manage, and enhance battery performance. BMS provides safety by avoiding overcharging, thermal runaway, and deep discharging. With rising vehicle complexity, integration of intelligent systems is required to provide real-time diagnostics, efficient usage of energy, and battery life extension. OEMs and Tier-1 suppliers are creating AI-driven BMS platforms that advance battery intelligence for both EV and hybrid vehicle use. This new technology is instrumental in solving efficiency and durability issues in next-generation automotive batteries.
Report Scope and Automotive Battery Segmentation
| Attributes | Automotive Battery Key Market Insights |
| Segments Covered | –By Battery Type: Lead Acid, Lithium-Ion, and Other Battery Types –By Vehicle Type: Passenger Cars and Commercial Vehicles –By Drive Type: IC Engines and Electric Vehicles |
| Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
| Key Market Players | A123 Systems, Panasonic Corporation, Exide Technologies, VARTA, Clarios, GS Yuasa Corporation, Hitachi Group Ltd, Robert Bosch GmbH, China Aviation Lithium Battery Co. Ltd, Contemporary Amperex Technology Co. Limited |
| Market Opportunities | -Advancements in Solid-State Battery Technology -Second-Life Battery Utilization and Circular Economy Models |
Market Dynamics
Drivers
Electrification of Transportation and EV Adoption
The world shift towards electric transportation is a key enabler of the vehicle battery market. Governments are imposing emission standards and providing tax incentives to promote EV sales. According to the International Energy Agency (IEA), EV sales over 14 Billion units in 2023 and will continue to increase steadily. This trend has picked up sharply the pace for high-capacity, fast-charging vehicle batteries. Battery-powered cars minimize greenhouse gas emissions and fossil fuel dependency, compatible with worldwide climate goals and driving consumer behavior and car design paradigms.
Expansion of Battery Production Capacity Worldwide
Huge investments are being made throughout the world to expand battery manufacturing capacity. Gigafactory’s are being built in parts of the world such as Europe (Volkswagen’s PowerCo, Northvolt), North America (Tesla, LG Energy Solution), and Asia (CATL, Panasonic, SK Innovation). All these factories are looking to provide localized supply, minimize cost, and cater to burgeoning auto demand. The increased production capacity allows for economies of scale, supporting cost-efficient battery solutions and security of raw materials like lithium, cobalt, and nickel.
Restraints
Raw Material Price Volatility and Supply Chain Constraints
The supply chain of important battery minerals such as lithium, cobalt, and graphite is vulnerable to geopolitical tensions and volatility in the market. Lithium has risen sharply over the last few years, thanks to limited mining capacity and increased demand. Import dependency by most battery manufacturers has led to supply uncertainty and pricing issues. Such uncertainty has a direct correlation with the planning of manufacturing, cost projections, and the affordability of electric vehicles. Access to a variety of sustainable sources of material remains a central industrial issue.
Battery Recycling and Environmental Impact Concerns
As the demand for automobile batteries rises, so does the demand for efficient recycling and end-of-life treatment. Lithium-ion and other battery improper disposal has environmental implications based on toxic constituents. Policy makers are instituting extended producer responsibility (EPR) programs to mandate recycling responsibilities. Technological and logistics issues in battery recycling—safe dismantling, material recovery efficiency, and scalability—are still holding back the sustainable growth path of the market.
Opportunities
Advancements in Solid-State Battery Technology
Solid-state batteries, where liquid electrolytes are substituted with solids, hold potential for greater energy density, greater lifespan, and greater safety. Toyota, Quantum cape, and Solid Power are at the vanguard of this technology. Commerciality is perhaps a couple of years out, but solid-state batteries are a revolutionary step in energy storage for electric mobility. Once scaled up, they are likely to redefine performance levels, lower charging times, and provide longer driving ranges, presenting a good growth prospect for market participants.
Second-Life Battery Utilization and Circular Economy Models
Utilizing EV batteries in energy storage systems after their lifespan in automotive use is a very promising option. These second-life uses, from grid stability to home energy storage, can lengthen value chains for batteries and minimize waste. Energy companies are collaborating with automotive OEMs to build integrated ecosystems conducive to circular economy strategies. This strategy not only increases sustainability but also generates new business models and revenue streams for recyclers and battery makers.
Segmentation
By Battery Type
-Lead Acid
-Lithium-Ion
-Other Battery Types
By Vehicle Type
-Passenger Cars
-Commercial Vehicles
By Drive Type
-IC Engines
-Electric Vehicles
Segmental Insights – Automotive Battery Market
By Battery Type
Lead Acid Batteries now lead the automotive battery segment because they are inexpensive, reliable, and widely used in internal combustion engine (ICE) vehicles for starting, lighting, and ignition (SLI) purposes. They are well-built and can be easily recycled, making them the go-to option for emerging markets.
Lithium-Ion Batteries are experiencing the most rapid growth as a result of the global transition to electric vehicles (EVs), increasing demand for high-energy-density, lightweight solutions, and government subsidies for cleaner technology. Their advanced performance, rapid-charging mode, and extended lifecycle propel their adoption in hybrid and battery electric vehicles.
By Vehicle Type
Passenger Cars have the highest market share, driven by growing global car ownership, higher integration of electronic parts, and the shift to EVs. Battery technology in the passenger car segment is key to improving the performance, range, and energy efficiency of vehicles.
Commercial Vehicles are seeing significant growth in battery demand, particularly with the electrification of buses, delivery vans, and logistics fleets. Commercial Vehicles require high-capacity, long-life batteries to enable extended operation time and heavy-duty applications.
Regional Insights – Automotive Battery Market
Asia-Pacific leads the world in the automotive battery market, driven by high passenger vehicle production, growing EV demand, and a dominant manufacturing culture.
China dominates the region, bolstered by aggressive EV policies, large battery makers, and government incentives supporting green mobility. India is growing fast, spurred by increasing car demand, EV incentives, and increasing investment in localized battery production and recycling infrastructure.
Europe is the second-largest, fueled by stringent emissions standards, growing EV penetration, and consumer demand aligned with sustainability.
Germany leads the region, with the support of a robust automobile industry, selective EV infrastructure development, and heavy investment in battery research and development. France also plays an important role through spreading EV use, incentives, and an increasing effort toward electrified public and private transport.
Market Share
The automotive battery market is marked by intense competition among global players aiming to innovate and expand capacity. Companies such as Panasonic, CATL, LG Energy Solution, BYD, and Samsung SDI dominate the lithium-ion battery segment, while Exide Technologies and Johnson Controls lead in lead-acid variants. Strategic alliances, vertical integration, and R&D in advanced chemistries are key tactics to gain competitive advantage. Many firms are also exploring joint ventures and government partnerships to secure raw material access and bolster regional manufacturing capabilities.
-A123 Systems
-Panasonic Corporation
-Exide Technologies
-VARTA
-Clarios
-GS Yuasa Corporation
-Hitachi Group Ltd
-Robert Bosch GmbH
-China Aviation Lithium Battery Co. Ltd
-Contemporary Amperex Technology Co. Limited
Recent Developments
–BE-Power GmbH was purchased by Exide Technologies in March 2024. This strategic alliance is significant because both firms may leverage their respective capabilities to boost innovative efforts through increased investment in the advanced lithium-ion market.
-In May 2024, EnerSys agreed to buy Bren-Tronic, Inc., a well-known maker of lithium batteries and charging solutions. The transaction increased EnerSys’ positioning and expanded its portfolio in the Specialty Aerospace and Defense market.
Frequently Asked Question (FAQ):
1.Which region is expected to dominate the Automotive Battery by 2034?
Ans: The Asia Pacific region is expected to hold the highest share in the global Automotive Battery.
2.Who are the major players in the Automotive Battery?
Ans: Major players in the Automotive Battery include companies like A123 Systems, Panasonic Corporation, Exide Technologies, VARTA, Clarios, GS Yuasa Corporation, Hitachi Group Ltd, Robert Bosch GmbH, China Aviation Lithium Battery Co. Ltd, Contemporary Amperex Technology Co. Limited
3.What growth opportunities exist for the Automotive Battery?
Ans: The global pivot toward electrified transportation is a principal driver of the automotive battery market.
4.What is the forecast period for the Global Automotive Battery?
Ans. The forecast period for the Global Market is 2025-2034.
Table of Content
1. Strategic Imperatives
1.1. Global Automotive Battery Market: Comparison by segments
2. Market Introduction
2.1. Market Definition
2.2. Report Scope and Segment Coverage
2.2.1. Scope of the Report
2.2.2. List of Assumptions
2.3. List of Geography and Countries Covered in the Scope of the Study
2.4. Key Benefits for Stakeholders
3. Predictions by Market Square Insights
3.1. Top Investment Pockets
3.1.1. Market Attractiveness Analysis, by Battery Type
3.1.2. Market Attractiveness Analysis, by Vehicle Type
3.1.3. Market Attractiveness Analysis, by Drive Type
4. Research Methodology
4.1. Methodology/Research Approach
4.1.1. Research Programs/ Design
4.1.2. Market Size Estimation
4.2. Data End User
4.2.1. Secondary End User
4.2.1.1. Preliminary data mining
4.2.2. Primary End User
4.2.3. Statistical model
4.2.4. Data Triangulation
4.2.5. Report Objectives
5. Market Outlook
5.1. Introduction
5.2. Market Dynamics Analysis
5.2.1. Market drivers
5.2.1.1. Driver 1
5.2.1.2. Driver 2
5.2.1.3. Impact Analysis of Market Drivers
5.2.2. Market restraints
5.2.2.1. Restraints 1
5.2.2.2. Restraints 2
5.2.2.3. Impact Analysis of Market Restraints
5.2.3. Market opportunities
5.2.3.1. Opportunities 1
5.2.3.2. Opportunities 2
5.2.3.3. Impact Analysis of Market Opportunity
5.2.4. Market Challenges
5.2.4.1. Challenges 1
5.2.4.2. Challenges 2
5.2.4.3. Impact Analysis of Market Challenges
5.3. Porter’s Five Forces’ analysis
5.3.1.1. Bargaining Power of Suppliers
5.3.1.2. Bargaining Power of Buyers
5.3.1.3. Threat of New Entrant
5.3.1.4. Threat of Substitutes
5.3.1.5. Competitive Rivalry
5.4. PESTEL analysis
5.5. Value Chain Analysis
5.6. Supply Chain Analysis
6. Global Automotive Battery Market Overview, By Battery Type
6.1. Introduction
6.2. Global Automotive Battery Market Share Revenue, By Battery Type, 2022-2034 (USD billion)
6.3. Global Automotive Battery Market Share, By Battery Type, 2024 and 2034 (%)
6.4. Lead Acid
6.4.1. Introduction
6.5. Lithium-Ion
6.5.1. Introduction
6.6. Other Battery Types
6.6.1. Introduction
7. Global Automotive Battery Market, By Vehicle Type
7.1. Introduction
7.2. Global Automotive Battery Market Share, By Vehicle Type, 2022 – 2034 (USD billion)
7.3. Global Automotive Battery Market Share, By Vehicle Type, 2024 and 2034 (%)
7.4. Passenger Cars
7.4.1. Introduction
7.5. Commercial Vehicles
7.5.1. Introduction
8. Global Automotive Battery Market, By Drive Type
8.1. Introduction
8.2. Global Automotive Battery Market Share, By Drive Type, 2022 – 2034 (USD billion)
8.3. Global Automotive Battery Market Share, By Drive Type, 2024 and 2034 (%)
8.4. IC Engines
8.4.1. Introduction
8.5. Electric Vehicles
8.5.1. Introduction
9. Global Automotive Battery Market Overview, By Geography
9.1. Global Automotive Battery Market Share Revenue, by Geography, 2022-2034 (USD billion)
9.2. Global Automotive Battery Market Share, By Geography 2024 and 2034 (%)
10. North America Automotive Battery Market Overview, By Countries
10.1. Introduction
10.2. North America Automotive Battery Market Overview, 2022 – 2034
10.3. Market size and projections, 2022 – 2034 (USD billion)
10.4. North America Automotive Battery Market Overview, By Country, 2022–2034 (USD billion)
10.5. North America Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
10.6. North America Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
10.7. North America Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
10.8. US
10.9. US Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
10.10. US Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
10.11. US Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
10.12. Canada
10.13. Canada Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
10.14. Canada Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
10.15. Canada Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
10.16. Mexico
10.17. Mexico Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
10.18. Mexico Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
10.19. Mexico Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
11. Europe Automotive Battery Market Overview, By Countries
11.1. Introduction
11.2. Europe Automotive Battery Market Overview, 2022 – 2034
11.3. Market size and projections, 2022 – 2034 (USD billion)
11.4. Europe Automotive Battery Market Overview, By Country, 2022–2034 (USD billion)
11.5. Europe Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
11.6. Europe Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
11.7. Europe Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
11.8. Germany
11.9. Germany Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
11.10. Germany Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
11.11. Germany Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
11.12. France
11.13. France Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
11.14. France Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
11.15. France Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
11.16. UK
11.17. UK Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
11.18. UK Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
11.19. UK Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
11.20. Netherlands
11.21. Netherlands Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
11.22. Netherlands Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
11.23. Netherlands Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
11.24. Switzerland
11.25. Switzerland Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
11.26. Switzerland Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
11.27. Switzerland Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
11.28. Belgium
11.29. Belgium Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
11.30. Belgium Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
11.31. Belgium Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
11.32. Russia
11.33. Russia Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
11.34. Russia Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
11.35. Russia Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
11.36. Italy
11.37. Italy Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
11.38. Italy Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
11.39. Italy Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
11.40. Spain
11.41. Spain Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
11.42. Spain Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
11.43. Spain Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
11.44. Rest of Europe
11.45. Rest of Europe Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
11.46. Rest of Europe Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
11.47. Rest of Europe Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
12. Asia-Pacific Automotive Battery Market Overview, By Countries
12.1. Introduction
12.2. Asia-Pacific Automotive Battery Market Overview, 2022 – 2034
12.3. Market size and projections, 2022 – 2034 (USD billion)
12.4. Asia-Pacific Automotive Battery Market Overview, By Country, 2022–2034 (USD billion)
12.5. Asia-Pacific Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
12.6. Asia-Pacific Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
12.7. Asia-Pacific Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
12.8. China
12.9. China Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
12.10. China Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
12.11. China Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
12.12. Japan
12.13. Japan Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
12.14. Japan Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
12.15. Japan Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
12.16. India
12.17. India Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
12.18. India Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
12.19. India Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
12.20. South Korea
12.21. South Korea Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
12.22. South Korea Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
12.23. South Korea Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
12.24. Australia
12.25. Australia Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
12.26. Australia Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
12.27. Australia Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
12.28. Southeast Asia
12.29. Southeast Asia Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
12.30. Southeast Asia Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
12.31. Southeast Asia Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
12.32. Rest of Asia-Pacific
12.33. Rest of Asia-Pacific Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
12.34. Rest of Asia-Pacific Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
12.35. Rest of Asia-Pacific Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
13. Middle East and Africa Automotive Battery Market Overview, By Countries
13.1. Introduction
13.2. Middle East and Africa Automotive Battery Market Overview, 2022 – 2034
13.3. Market size and projections, 2022 – 2034 (USD billion)
13.4. Middle East and Africa Automotive Battery Market Overview, By Country, 2022–2034 (USD billion)
13.5. Middle East and Africa Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
13.6. Middle East and Africa Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
13.7. Middle East and Africa Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
13.8. Saudi Arabia
13.9. Saudi Arabia Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
13.10. Saudi Arabia Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
13.11. Saudi Arabia Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
13.12. UAE
13.13. UAE Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
13.14. UAE Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
13.15. UAE Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
13.16. South Africa
13.17. South Africa Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
13.18. South Africa Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
13.19. South Africa Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
13.20. Rest of Middle East and Africa
13.21. Rest of Middle East and Africa Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
13.22. Rest of Middle East and Africa Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
13.23. Rest of Middle East and Africa Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
14. South America Automotive Battery Market Overview, By Countries
14.1. Introduction
14.2. South America Automotive Battery Market Overview, 2022 – 2034
14.3. Market size and projections, 2022 – 2034 (USD billion)
14.4. South America Automotive Battery Market Overview, By Country, 2022–2034 (USD billion)
14.5. South America Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
14.6. South America Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
14.7. South America Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
14.8. Brazil
14.9. Brazil Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
14.10. Brazil Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
14.11. Brazil Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
14.12. Argentina
14.13. Argentina Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
14.14. Argentina Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
14.15. Argentina Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
14.16. Rest of South America
14.17. Rest of South America Automotive Battery Market Overview, By Battery Type, 2022–2034 (USD billion)
14.18. Rest of South America Automotive Battery Market Overview, By Vehicle Type, 2022 – 2034 (USD billion)
14.19. Rest of South America Automotive Battery Market Overview, By Drive Type, 2022 – 2034 (USD billion)
15. Competitive Landscape
15.1. Competitive Heat Map Analysis
15.2. Company Market Share Analysis – 2024
15.3. Company Financial Analysis
15.4. Key Development Analysis
15.4.1. Partnership/ agreement
15.4.2. Expansion
15.4.3. Mergers & Acquisitions
15.5. Top 3 Strategies Followed by Major Players
16. Company Profiles
16.1. A123 Systems
16.1.1. Company overview
16.1.2. Company Profile
16.1.3. Recent Financials, Geographical Revenue Mix, Business Revenue Mix
16.1.4. Key Developments
16.1.5. SWOT Analysis
16.1.6. Strategy Overview
16.2. Panasonic Corporation
16.3. Exide Technologies
16.4. VARTA
16.5. Clarios
16.6. GS Yuasa Corporation
16.7. Hitachi Group Ltd
16.8. Robert Bosch GmbH
16.9. China Aviation Lithium Battery Co. Ltd
16.10. Contemporary Amperex Technology Co. Limited
17. Disclaimer
List of Figures
FIGURE 1 MARKET SEGMENTATION
FIGURE 2 TOP 3 PREDICTIONS BY MARKET SQUARE INSIGHTS
FIGURE 3 MARKET ATTRACTIVENESS ANALYSIS, BY BATTERY TYPE
FIGURE 4 MARKET ATTRACTIVENESS ANALYSIS, BY VEHICLE TYPE
FIGURE 5 MARKET ATTRACTIVENESS ANALYSIS, BY DRIVE TYPE
FIGURE 6 RESEARCH PROGRAMS/DESIGNS
FIGURE 7 DATA TRIANGULATION TECHNIQUES
FIGURE 8 BOTTOM-UP APPROACH
FIGURE 9 MARKET DYNAMICS ANALYSIS
FIGURE 10 BARGAINING POWER OF SUPPLIERS
FIGURE 11 BARGAINING POWER OF BUYERS
FIGURE 12 THREAT OF NEW ENTRANT
FIGURE 13 THREAT OF SUBSTITUTES
FIGURE 14 COMPETITIVE RIVALRY
FIGURE 15 PESTEL ANALYSIS
FIGURE 16 GLOBAL AUTOMOTIVE BATTERY MARKET SHARE, BY BATTERY TYPE, 2024 AND 2034 (%)
FIGURE 17 LEAD ACID: GLOBAL AUTOMOTIVE BATTERY MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 18 LITHIUM-ION: GLOBAL AUTOMOTIVE BATTERY MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 19 OTHER BATTERY TYPES: GLOBAL AUTOMOTIVE BATTERY MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 23 GLOBAL AUTOMOTIVE BATTERY MARKET SHARE, BY VEHICLE TYPE, 2024 AND 2034 (%)
FIGURE 24 PASSENGER CARS: GLOBAL AUTOMOTIVE BATTERY MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 25 COMMERCIAL VEHICLES: GLOBAL AUTOMOTIVE BATTERY MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 30 GLOBAL AUTOMOTIVE BATTERY MARKET SHARE, BY DRIVE TYPE, 2024 AND 2034 (%)
FIGURE 31 IC ENGINES: GLOBAL AUTOMOTIVE BATTERY MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 32 ELECTRIC VEHICLES: GLOBAL AUTOMOTIVE BATTERY MARKET REVENUE, 2022 – 2034 (USD BILLION)
FIGURE 37 GLOBAL AUTOMOTIVE BATTERY MARKET SHARE REVENUE, BY GEOGRAPHY (USD BILLION)
FIGURE 38 GLOBAL AUTOMOTIVE BATTERY MARKET SHARE, BY GEOGRAPHY, 2024 AND 2034 (%)
FIGURE 39 NORTH AMERICA AUTOMOTIVE BATTERY MARKET OVERVIEW, 2022 – 2034 (USD BILLION)
FIGURE 40 EUROPE AUTOMOTIVE BATTERY MARKET OVERVIEW, 2022 – 2034 (USD BILLION)
FIGURE 41 ASIA PACIFIC AUTOMOTIVE BATTERY MARKET OVERVIEW, 2022 – 2034 (USD BILLION)
FIGURE 42 MIDDLE EAST AND AFRICA AUTOMOTIVE BATTERY MARKET OVERVIEW, 2022 – 2034 (USD BILLION)
FIGURE 43 SOUTH AMERICA AUTOMOTIVE BATTERY MARKET OVERVIEW, 2022 – 2034 (USD BILLION)
FIGURE 44 COMPANY MARKET SHARE ANALYSIS – 2024
FIGURE 45 TOP 3 STRATEGIES FOLLOWED BY MAJOR PLAYERS
FIGURE 46 RECENT FINANCIALS, GEOGRAPHICAL REVENUE MIX, BUSINESS REVENUE MIX
