Global Automotive Batteries Market 2020-2024
Report has been monitoring the global automotive batteries market and it is poised to grow by USD 29.57 mn units during 2020-2024, progressing at a CAGR of 5% during the forecast period. Our reports on global 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by decline in price of automotive batteries for electric vehicles. In addition, rise in sales of passenger cars leading to growth in demand for automotive batteries is anticipated to boost the growth of the global automotive batteries market as well.
Report’s global automotive batteries market is segmented as below:
M And HCV
Key Trends for global automotive batteries market growth
This study identifies rise in sales of passenger cars leading to growth in demand for automotive batteries as the prime reasons driving the global automotive batteries market growth during the next few years.
Prominent vendors in global automotive batteries market
We provide a detailed analysis of around 25 vendors operating in the global automotive batteries market, including some of the vendors such as Amara Raja Batteries Ltd., East Penn Manufacturing Co. Inc., EnerSys, Exide Technologies, GS Yuasa Corp., LG Chem Ltd., Panasonic Corp., Robert Bosch GmBH, Saft Groupe SA and Toshiba International Corp. .
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. global-automotive-batteries-market-industry-analysis
Report 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. Report’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 an accurate market growth.
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