TechNavio today launched its report Global Automotive Battery Market 2011-2015 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Automotive team said: ”The growing Global Start/Stop Battery market is one of the major trends in the market, which will lead to the growth of the Global Automotive Battery market. Start/Stop is a technology in which the engine automatically stops when the vehicle is in idling mode. The engine then restarts automatically when the vehicle starts moving again. The increasing demand for this technology is influencing the demand for automotive batteries and thus leading to the growth of the Global Automotive Battery market.”
According to the report, the growth of the Global Automotive Aftermarket is one of the major drivers leading to the growth of the Global Automotive Battery market. The growth of the Automotive Aftermarket industry has directly impacted the demand for batteries in the Replacement segment, which has led to the growth of the Global Automotive Battery market.
Further, the report discusses that the high cost of electric vehicles is one of the major challenges faced by the market.
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 a SWOT analysis of the key vendors. For further information on this report, please visit http://goo.gl/R8OvH
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Automotive market research, please visit https://www.technavio.com/automotive
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TechNavio Announces the Publication of its Research report – Global Automotive Battery Market 2011-2015
