1. Home
  2. > Energy & Environment
  3. > Energy
  4. > Electric Power
  5. > Energy Storage
  6. > Battery Market Trends
Asia Pacific Automotive Lead Acid Battery Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product, Type, and End User

Asia Pacific Automotive Lead Acid Battery Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product, Type, and End User

  • July 2021
  • 137 pages
  • ID: 6134562
  • Format: PDF
  • The Insight Partners

Summary

Table of Contents

Search Inside

The automotive lead acid battery market in APAC is expected to grow from US$ 10,256.23 million in 2021 to US$ 11,914.47 million by 2028; it is estimated to grow at a CAGR of 2.2% from 2021 to 2028. The automotive sector is undergoing tremendous technological advancements in this region, which is generating significant growth opportunities for battery manufacturing companies. For instance, in India, the government authority has mandated that all automotive manufacturers including four-wheeler and two-wheelers can produce, sell, and register BSVI-compliant vehicles only. This rule has been effective from April 1, 2020. Additionally, with the formation of stringent regulations regarding vehicle emissions, automotive manufacturers are anticipated to make a shift into micro-hybrid engine architecture, which would further propel the demand for complex and advanced car batteries. Also, the predicted evolution in the 12-volt lead-acid battery technology would be one of the major factors contributing to the APAC automotive lead acid battery market growth in coming years.
Based on end user, the market is segmented into passenger cars, LCV, M&HCV.The passenger cars segment dominated the end user segment in the market in 2020.

Passenger cars are used for carrying passengers with limited seating capacity (not more than 9 people).Modern SLI batteries use 6 connected cells and provide 12-volt system in many passenger cars.

Automotive manufacturers in APAC produced 35,837,271 passenger cars in 2020.Irrespective of the dip in production in 2020 due to the COVID-19 pandemic, the production of passenger cars is expected to increase in the coming years due to improving conditions with the changing approach toward the treatment and prevention of the disease.

The projected rise in passenger vehicles production would continue to boost the automotive lead acid batteries market growth during the forecast period.
The government of APAC is taking possible steps to mitigate the ill-effects of COVID-19.China and India are leading manufacturing hubs in the region, and they are also among the severely affected countries by the disease in APAC.

India, Japan, and South Korea, among others, are still combating the virus, which is a main reason of the slowdown in the growth of the automotive lead acid batteries market in the region.China is responsible for more than 80% of the global auto supply chain.

Hubei, for example, is one of China’s four main car production centers, with over 100 automotive suppliers.Hubei’s automotive plants were closed until March 11 and are now slowly reopening.

However, China has been able to stabilize its spread of COVID-19, and industries are up and running, which would reflect in the stabilization of the automotive lead acid batteries market in APAC in the coming years.
The APAC automotive lead acid battery market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining an overview and forecast for the APAC automotive lead acid battery market with respect to all the segments.Also, multiple primary interviews have been conducted with industry participants to validate the data as well as to gain more analytical insights into the topic.

The participants typically involved in this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the APAC automotive lead acid battery market. Clarios; CSB Energy Technology Co., Ltd.; East Penn Manufacturing Company; EnerSys; Exide Industries Limited; GS Yuasa International Ltd.; Johnson Controls, Inc.; KOYO BATTERY CO., LTD; leoch International Technology Limited Inc; and Panasonic Corporation are among the key market players operating in APAC.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Battery Materials Market by Battery Type, Material, Application And Region - Global Forecast to 2027

  • $ 4950
  • September 2022
  • 275 pages

The global battery material market size is estimated to be USD 57.8 billion in 2022 and is projected to grow at a CAGR of 15.8% during the forecast period to reach USD 120.4 billion by 2027. The market ...

  • World
  • APAC
  • Lithium-Ion Battery
  • Battery Material
  • Industry analysis
  • Gross Domestic Product
  • Greenhouse Gas Emissions

Global Battery Additives Industry $ 5600 October 2022


ref:plp2021

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on