The North America lead-acid battery market is witnessing steady growth. Lead-acid batteries are defined as a reliable technology used for starting, lighting and ignition (SLI) applications in automobiles. These batteries are made from a lead-dioxide cathode, sponge metallic lead anode and a sulfuric solution of acid and water. They have various beneficial features, which include low replacement and maintenance costs, and robust and abuse-tolerant nature. Other than this, these batteries are durable and provide enough energy to start engines. In addition to this, the recycling infrastructure of lead-acid batteries is closed in countries such as the United States. This reduces the manufacturing costs as most of the new batteries are manufactured using raw materials sourced from recycled products. At present, the increasing sales of automobiles are primarily driving the market in the region. Moreover, with rising demand for electric vehicles, the market is projected to expand at a favorable rate during the next few years.
Key Questions Answered in This Report:
IMARC Group’s latest report provides a deep insight into the North America 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 North America automotive lead-acid battery market in any manner.
Report Customization: Although IMARC has tried to cover everything in the North America 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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