North America Automotive Lead-Acid Battery Market to Reach US$ 5.3 Billion by 2032, Impelled by Increasing Sales of Automobiles

November 16, 2022 | Automotive Industry

The latest report by IMARC Group, titled “North America Automotive Lead-Acid Battery Market Report by Vehicle Type (Passenger Cars, Commercial Vehicles, Two Wheelers, HEV Cars), Product (SLI Batteries, Micro Hybrid Batteries), Type (Flooded Batteries, Enhanced Flooded Batteries, VRLA Batteries), Customer Segment (OEM, Replacement), and Country 2024-2032,” finds that the North America automotive lead-acid battery market size reached US$ 4.3 Billion in 2023. Lead-acid batteries are a mature technology used for starting, lighting, and ignition (SLI) process of automobiles. They consist of lead peroxide (PbO2) and sponge lead (Pb) plates that are immersed in sulfuric acid to convert chemical energy into electrical power. They are cost-effective, robust, resistant to wear and tear, and can tolerate overcharging compared to lithium-ion batteries. They also have high cell voltage and a large power-to-weight ratio to supply high surge currents. As a result, these batteries are widely utilized across the automobile industry.


North America Automotive Lead-Acid Battery Market Trends:

The market is primarily driven by the increasing sales of automobiles across the globe. In addition, the rising awareness among individuals about the harmful impacts of carbon emissions and improving road networks across the region is escalating the demand for electric vehicles (EVs), which represents another major growth-inducing factor. Besides this, key players are introducing advanced product variants made of recycled materials, which makes lead-acid batteries a low environmental footprint energy storage technology. This, coupled with extensive research and development (R&D) activities and collaborations or partnerships among leading organizations to produce advanced and high-performance batteries, are creating a positive market outlook across the globe. Looking forward, IMARC Group expects the market to reach US$ 5.3 Billion by 2032, exhibiting a CAGR of 2.2% during 2024-2032.


Market Summary:

  • Based on the vehicle type, the market has been categorized into passenger cars, commercial vehicles, two-wheelers, and HEV cars.
  • On the basis of the product, the market has been bifurcated into SLI batteries and micro-hybrid batteries.
  • Based on the type, the market has been segmented into flooded batteries, enhanced flooded batteries, and VRLA batteries.
  • On the basis of the consumer segment, the market has been classified into OEM and replacement.
  • Region-wise, the market has been divided into the United States and Canada.
  • The competitive landscape of the market has been examined in the report, along with the detailed profiles of key players operating in the industry.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Vehicle Type, Product, Type, Customer Segment, Countriy
Countries Covered United States, Canada
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste 
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
North America Automotive Lead-Acid Battery Market to Reach US$ 5.3 Billion by 2032, Impelled by Increasing Sales of Automobiles
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More