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North America Automotive Lead-Acid Battery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A1474
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Market Overview:
The North America automotive lead-acid battery market size reached US$ 4.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.9 Billion by 2028, exhibiting a growth rate (CAGR) of 2.6% during 2023-2028.
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 Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America automotive lead-acid battery market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on vehicle type, product, type and customer segment.
- Key Regions Analysed
- United States
- Canada
- 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
- OEM
- Replacement
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- PESTEL Analysis
- Government Regulations
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| 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$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
| 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 North America automotive lead-acid battery market performed so far and how will it perform in the coming years?
- What are the key regions in the North America automotive lead-acid battery market?
- What has been the impact of COVID-19 on the North America automotive lead-acid battery market?
- What is the breakup of the North America automotive lead-acid battery market on the basis of vehicle type?
- What is the breakup of the North America automotive lead-acid battery market on the basis of product?
- What is the breakup of the North America automotive lead-acid battery market on the basis of type?
- What is the breakup of the North America automotive lead-acid battery market on the basis of customer segment?
- What are the various stages in the value chain of the North America automotive lead-acid battery industry?
- What are the key driving factors and challenges in the North America automotive lead-acid battery industry?
- What is the structure of the North America automotive lead-acid battery industry and who are the key players?
- What is the degree of competition in the North America automotive lead-acid battery industry?
- What are the profit margins in the North America automotive lead-acid battery industry?
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