Automotive Lead Acid Battery Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to automotive lead acid battery market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Automotive Lead Acid Battery Market News

  • In January 2023, Clarios introduced the Smart AGM 12V battery, intended for use in electric vehicles and ADAS (Advanced Driver Assistance Systems) systems.
  • On July 13, 2022, Panasonic Corporation, the world’s largest manufacturer of lithium-ion batteries, joined forces with Kansas in an economic development aimed at boosting the electric vehicle (EV) industry in United States.
  • On March 13, 2021, General Motors Company achieved a milestone in the development of the next generation of Altium pharmaceuticals. The development was done in anticipation of a new Joint Development Agreement with Solid Energy Systems, aimed at accelerating the transition to an electric future.

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Global Automotive Lead Acid Battery Market size was valued at USD 28.2 billion in 2023 and is poised to grow from USD 29.78 billion in 2024 to USD 46.05 billion by 2032, growing at a CAGR of 5.6% during the forecast period (2025-2032).

The competitive landscape of the automotive lead acid battery market is characterized by intense competition between multiple players vying for market share. These companies operate in a variety of industries, offering lead battery solutions many types for in automotive applications. The major players covered in automotive lead acid batteries market report are Johnson Controls, Exide Technologies, GS Yuasa International Ltd., Mebco, Reem Batteries & Power Appliances Co. SAOC, ENERSYS, among other domestic and global players. 'EnerSys (USA) ', 'GS Yuasa Corporation (Japan) ', 'Exide Industries Limited (India) ', 'East Penn Manufacturing Company, Inc. (USA) ', 'C&D Technologies, Inc. (USA) ', 'Camel Group Co., Ltd. (China) ', 'Leoch International Technology Limited (China) ', 'Robert Bosch GmbH (Germany) ', 'Stryten Manufacturing (USA) ', 'Amara Raja Batteries Limited (India) ', 'AtlasBX Co., Ltd. (South Korea) ', 'FIAMM Energy Technology S.p.A. (Italy) ', 'Banner GmbH (Austria) ', 'Century Batteries Indonesia (Indonesia) ', 'Thai Bellco Battery Co. Ltd. (Thailand) ', 'Koyosonic Power Co., Ltd. (China) ', 'Ritar International Group Limited (China) ', 'JYC Battery Manufacturer Co., Ltd. (China) ', 'Power Sonic Corporation (USA)'

The affordability and demonstrated reliability of lead-acid batteries preserve to pressure their adoption in car packages, mainly in conventional inner combustion engine motors and auxiliary structures which includes begin-stop structures and lighting fixtures. Despite the emergence of opportunity battery technologies, lead-acid batteries continue to be the preferred desire for cost-aware clients and manufacturers in search of dependable electricity solutions.

Growing Trend in Electric Transmission Which Will Drive the Market Growth: Increasing adoption of e-mobility in developed economies and changing automotive markets in developing economies are likely to fuel global demand for automotive batteries. Manufacturers’ focus on introducing new generations. EVs are fueling electrification in the automotive industry by increasing vehicle sales and improving living standards among citizens. Thus, the rise of lithium-ion batteries in electric vehicles (EVs) is estimated to drive the market growth in the coming years.

Asia-Pacific dominated the global automotive lead acid battery market, primarily driven by the growing regional automotive industry, rapid urbanization and expanding transport infrastructure. Countries such as China, Japan, India for consumer vehicles Despite the increase in electric vehicles in the region due to their automotive market size and manufacturing capacity, lead batteries continue to play a dominant role in powering conventional vehicles and auxiliary systems, maintaining its dominance in the global automotive lead acid battery market.

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Global Automotive Lead Acid Battery Market
Automotive Lead Acid Battery Market

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