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The major factor that augments the global automotive battery market includes the increasing automobile sales, rising adoption of vehicle electrification, growing battery sales in the replacement market, and growing lead-acid battery usage in the automobile sector. In addition, growing fuel cell-based batteries, R&D on newer battery technologies such as aluminum ion and aluminum-air batteries, and rising sales of electric vehicles in the forecast year act as an opportunity and may augment the global automotive battery market in the near future. However, some factors such as lack of charging stations for electric vehicles, the heavy weight of batteries used in electric vehicles, and environmental concerns related to batteries used in an automobile such as lead-acid batteries are hindering the market growth.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automotive Battery Market Report Segment
By Types
- Lead Acid Battery
- Lithium-Ion Battery
- Others
By Fuel Type
- Internal Combustion (IC) Engine Vehicle
- Electric Vehicle
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
Global Automotive Battery Market Report Segment by Region
North America
- United States
- copyright
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automotive battery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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