The Europe automotive lead-acid battery market is currently witnessing moderate growth. 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 Questions Answered in This Report:
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 Customization: Although IMARC has tried to cover everything in the Europe automotive lead-acid battery market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.
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