Global Motor Vehicle Battery Market Growth 2019-2024

Motor vehicle battery is an automotive battery that powers the starter motor, the lights, and the ignition system of a vehicle's engine, mainly in combustion vehicles. Motor vehicle battery is usually lead-acid type, and is made of six galvanic cells connected in series to provide a nominally 12-volt system.
As international economic situation is complicated, in the next few years there will be many uncertainties although. Due to the government’ policy and the high production of motor vehicle battery in the international market, the current demand for motor vehicle battery product is relatively high in the mature market, such as Japan, EU, US and China.
Motor vehicle battery is mainly produced by Johnson Controls, Exide Technologies and GS Yuasa and these companies occupied about 43% market share. And Johnson Controls is the dominating enterprise in this industry.

According to this study, over the next five years the Motor Vehicle Battery market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Motor Vehicle Battery business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Motor Vehicle Battery market by product type, application, key manufacturers and key regions and countries.

This study considers the Motor Vehicle Battery value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Maintenance-free Battery
Conventional Battery
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
OEMs
Aftermarket

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Johnson Controls
Exide Technologies
GS Yuasa
Sebang
Atlasbx
East Penn
Amara Raja
FIAMM
ACDelco
Bosch
Hitachi
Banner
MOLL
Camel
Fengfan
Chuanxi
Ruiyu
Jujiang
Leoch
Wanli

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Motor Vehicle Battery consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Motor Vehicle Battery market by identifying its various subsegments.
Focuses on the key global Motor Vehicle Battery manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Motor Vehicle Battery with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Motor Vehicle Battery submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.