Global Market for Automotive Lead-Acid Batteries to Reach $43.9
Billion by 2018
FARMINGTON, Conn., Dec. 3, 2012 /PRNewswire-iReach/ -- One of the
oldest portable power sources, lead-acid batteries have been used
for over 150 years to store and transport the electrical energy
needed in industrial and consumer electric applications for
decades. Lead-acid batteries represent the dominant energy storage
technology in the automotive industry, addressing 85% of global
driving population requirements. Thanks to superior recycling
efficiency, and economical costs, lead-acid batteries have become
one of the most commonly used battery technology in automobiles,
particularly in starting, lighting and ignition (SLI) applications,
and for powering electronic components such as in-car
entertainment, telematics and navigation systems.
(Photo: http://photos.prnewswire.com/prnh/20121203/CG22751)
In addition to the new report on the global automotive lead-acid
batteries market, Global Information Inc (GII) also recommends two
related reports on the global battery chargers and electric
vehicles markets from our premium market research partner Global
Industry Analysts, Inc.
Lead-acid Batteries (Automotive)
The global market for automotive lead-acid batteries is
projected to reach $43.9 billion by 2018. The Asia-Pacific region represents the largest as
well the fastest growing regional market across the globe, with
dollar sales waxing at a CAGR of about 6.4% over the analysis
period. Growth in the market will be driven by enormous demand for
two-wheelers and new cars, including luxury cars in the region,
particularly in emerging nations such as China and India, and subsequent increases in automotive
production.
Key global players profiled in the report include Lion Batteries
(Wholesale) Pty Ltd., CSB Battery Company Ltd., East Penn
Manufacturing Company, Inc., EnerSys, Exide Technologies, Tudor
India Limited, Exide Industries Limited, F.I.A.M.M SpA, Akuma,
Fujian Quanzhou Dahua Battery Co. Ltd., Furukawa Battery Co. Ltd.,
GS Yuasa Corporation, Johnson Controls, Inc., and Panasonic
Corp.
An Executive Summary for this report and free sample pages from
the full document are available at
http://www.giiresearch.com/report/go135885-auto-lead-acid-batteri.html
Battery Chargers
The global market for battery chargers is forecast to reach
$14.3 billion by the year 2018, buoyed by innovative technology in
battery charging and general demand for rechargeable batteries
globally. Growing demand for digital cameras, notebook computers
and mobile phones, particularly from developing markets will fuel
demand for rechargeable batteries.
Innovation is the buzzword in the world of battery charging
systems and rechargeable batteries. The evolution of innovations in
the industry has led to the launch of smart, compact, and fast
chargers in the market. While battery makers across the world are
focusing on newer ways to enhance efficiency, recharger system
manufacturers are embarking on lowering charge-up time to match
with growing power related requirements of the digital world. The
technology-savvy market has managed to keep pace with the drifts in
changing automotive, industrial, information technology,
telecommunications, and consumer products end-use markets
worldwide.
Key players profiled in the report include Accutronics Limited,
Analytic Systems, Anoma (North
America) Corp., Associated Equipment Corporation, Best
Wisdom Industrial (Shenzhen) Co.
Ltd., Energizer Holdings, Inc., Exide Technologies, HindlePower,
Inc., Hop Wo Enterprise Limited, Hotronic Ltd., Jeckson Electric
Co. Ltd., Kolvin Industries Ltd., Kussmaul Electronic Co., Motor
Appliance Corporation, Panasonic Corporation of North America,. Saft S.A., Salcomp Plc,
Schumacher Electric Corporation, Spectrum Brands, Inc., Uniross
Batteries Corporation, and Yuasa Battery, Inc.
An Executive Summary for this report and free sample pages from
the full document are available at
http://www.giiresearch.com/report/go138670-battery-charger.html
Electric Vehicles (EVs)
Driven by growing environmental concerns, and the quest for
alternative powertrains, the global market for electric vehicles is
projected to exceed 4.6 million units by 2018. Major factors
driving growth include growing environmental concerns as a result
of deteriorating air quality, and emphasis towards increased
alternative fuel consumption to minimize heavy dependence on
oil.
Though the use of electric vehicles provides numerous
advantages, significant groundwork needs to be accomplished for the
market to achieve critical mass. To enable widespread adoption,
considerable amount of private and government investment in the
supporting infrastructure is required. In order to promote
mass-market uptake of electric vehicles, governments are required
to ramp up their power generation, distribution capacity, and
provide charging equipment. To power an electric vehicle, consumers
must have the ability to connect their vehicle to a source of
electricity, and the utility must have the capacity to transmit and
distribute this additional power, and adequate power generation
capacity must exist. While urban residents are more likely to
purchase an electric vehicle than rural dwellers, a large number of
urban dwellers do not own garages and hence, lack of on-street
charging could be a key deterrent to purchasing electric
automobiles.
Major players in the global electric vehicle marketplace include
AB Volvo Group, Bayerische Motoren Werke G.m.b.H., Chrysler Group
LLC, Daimler AG, Daimler Trucks North America LLC, Fiat S.p.A, Ford
Motor Company, General Motors Company, Honda Motor Co. Ltd.,
Hyundai Motor Company, Isuzu Motors Ltd., Mazda Motor Corp.,
Mitsubishi Motors Corporation, Nissan Motor Co. Ltd., PSA Peugeot
Citroën S.A, Renault SA, Suzuki Motor Corp., Toyota Motor
Corporation, Daihatsu Motor Co. Ltd., and Volkswagen AG.
An Executive Summary for this report and free sample pages from
the full document are available at
http://www.giiresearch.com/report/go136180-electric-vehicles.html
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