Albany, New York USA (PRWEB) May 19, 2014
North America is the largest Automotive Battery Market, followed by Europe and Asia Pacific. China is one of the fastest growing markets and commercial vehicle consumers in the world. The increasing investment in research and developments by the manufacturers of automotive batteries is another driving factor which is bringing new products and thus increasing the market demand. The replacement market accounts for 80% of the total automotive batteries market.
Browse the full report: http://www.transparencymarketresearch.com/automotive-battery-market.html
On the basis of vehicle type, there are broadly seven categories of automotive batteries: Passenger car battery, Utility vehicle battery, Light commercial vehicle battery, Medium commercial battery, Two-wheeler battery, Three-wheeler battery and Farm vehicle battery. With the increasing number of Electric vehicles, the market for their batteries, also called traction batteries, has also gained share in the market. On the basis of technology, Nickel-Metal Hydride batteries are expected to have the highest growth rate in the next few years. Some of the major companies operational in this market are Johnson Controls, Exide Technologies, GS Yuasa, East Penn Manufacturing, Camel Group, Fengfan and Fiamm Group.
Some of the major players in this industry are Abbott Laboratories, Beckman Coulter, Inc., Becton, Dickinson and Company, Nipro Diagnostics, Johnson & Johnson, and Siemens Medical Solutions.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include:
This report provides comprehensive analysis of:
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report