- The key vendors in the global automotive lead-acid battery market 2015-2019 are Amara Raja, C&D Technologies, East Penn Manufacturing, Exide and Johnson Controls.
London, 28 August 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global automotive lead-acid battery market 2015-2019. Lead-acid battery manufacturers are developing and integrating enhanced performance batteries in their upcoming low-emission vehicle models, complete with more efficient power supplies. The global automotive lead-acid battery market 2015-2019 is expected to grow at a CAGR of 0.31% during 2014-2019.
VRLA batteries are sealed lead-acid batteries that have AGMs and gel cells between battery plates. AGMs and gel cell batteries use different types of electrolytes, depending on their application. VRLA batteries are also maintenance-free due to their sealed construction (non-spillable) and can be mounted in any orientation.
“Despite the global economic slowdown, the automotive sector in the emerging markets continues to grow due to ongoing industrialization, favorable government policies, rising labor costs in developed nations, and global trade activities,” says Faisal Ghaus, Vice President of Technavio Research.
“With increasing vendor competition in saturated markets, most automotive battery manufacturers are shifting their focus to developing regions for new growth potential.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
