Market Overview:
The Europe automotive lead-acid battery market size reached US$ 4,687.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 6,649.2 Million by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023 |
US$ 4,687.9 Million |
Market Forecast in 2032 |
US$ 6,649.2 Million |
Market Growth Rate (2024-2032) |
3.8% |
Automotive lead-acid batteries are durable, robust, tolerant to abuse and cost-effective. As a result, they are extensively used for starting, lighting and ignition (SLI) in conventional combustion engine vehicles. Their low-cost and unparalleled ability to start a car engine at cold temperatures sets them apart as auxiliary batteries in all automotive applications. Owing to these advantages, almost all of the passenger cars on the streets in Europe are equipped with lead-acid batteries. Besides this, with the growing environmental concerns in the region, there has been a rise in the sales of electric cars and e-bikes, which has increased the demand for automotive lead-acid batteries. Moreover, in 2017, the European Commission introduced the 'European Battery Alliance' to create a competitive battery manufacturing value chain in Europe. With the aim to decarbonize the automotive sector and make Europe a leader in sustainable battery production worldwide, this initiative is projected to increase the region’s battery manufacturing capacity in the upcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe automotive lead-acid battery market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on vehicle type, product, type and customer segment.
- Key Regions Analysed
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
- Analysis for Each Country
- Market by Vehicle Type
- Passenger Cars
- Commercial Vehicles
- Two Wheelers
- HEV Cars
- Market by Product
- SLI Batteries
- Micro Hybrid Batteries
- Market by Type
- Flooded Batteries
- Enhanced Flooded Batteries
- VRLA Batteries
- Market by Customer Segment
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- PESTEL Analysis
- Government Regulations
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
IMARC Group’s latest report provides a deep insight into the Europe automotive lead-acid battery market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Europe automotive lead-acid battery market in any manner.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Segment Coverage |
Vehicle Type, Product, Type, Customer Segment, Country |
Countries Covered |
Germany, France, United Kingdom, Italy, Spain, Others |
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) |
Key Questions Answered in This Report:
- How has the Europe automotive lead-acid battery market performed so far and how will it perform in the coming years?
- What are the key regions in the Europe automotive lead-acid battery market?
- What has been the impact of COVID-19 on the Europe automotive lead-acid battery market?
- What is the breakup of the Europe automotive lead-acid battery market on the basis of vehicle type?
- What is the breakup of the Europe automotive lead-acid battery market on the basis of product?
- What is the breakup of the Europe automotive lead-acid battery market on the basis of type?
- What is the breakup of the Europe automotive lead-acid battery market on the basis of customer segment?
- What are the various stages in the value chain of the Europe automotive lead-acid battery industry?
- What are the key driving factors and challenges in the Europe automotive lead-acid battery industry?
- What is the structure of the Europe automotive lead-acid battery industry and who are the key players?
- What is the degree of competition in the Europe automotive lead-acid battery industry?
- What are the profit margins in the Europe automotive lead-acid battery industry?