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Automotive Battery Market Expected to Reach $7.7 Billion by 2019 New Report by MarketsandMarkets
  • USA - English


News provided by

MarketsandMarkets

Feb 08, 2015, 00:05 ET

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MarketsandMarkets
MarketsandMarkets

(PRWEB) February 08, 2015 -- Any automobile needs a car battery to start its engine. It is also used in stabilizing, filtering, and providing the required power for ignition, electrical lighting, and other accessories when the engine is off. Batteries are portable and reliable, which makes them indispensable. The report Automotive Battery Market and Region by Industry Trends & Forecast to 2019 defines and segments the global battery market with the analysis and forecasting of the global volume and value.

Key players are GS Yuasa Corp. (Japan), Johnson Controls, Inc. (U.S.), Exide Technologies, Inc. (U.S.), Robert Bosch GmbH (Germany) .

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Browse 132 market data tables and 65 figures spread through 250 pages and in-depth TOC on Automotive Battery Market.

Speak to Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=247045197

Early buyers will receive 10% customization on this report.

This report covers the battery market in terms of volume (000 units) and value ($Million) across regions such as Asia-Oceania, Europe, North America, and the Rest of the World (ROW) from 2014 to 2019. It explains qualitative and quantitative aspects of batteries with respect to types and industries.

Make Inquiry for Report: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=247045197

Asia-Oceania consists of emerging and developing economies such as India, China, and Indonesia and is experiencing huge population growth. The batteries market for automotive and marine are witness of growth in demand after weak performance in 2008. owing to global recession. Demand for electric vehicles is also increasing in developed countries such as Japan. This has resulted in increased demand for batteries for power and back-up applications. Major suppliers such as GS Yuasa Corporation (Japan) are present in this region, along with globally established.

Europe is an established market for batteries and is projected to witness a stable growth. A major share of this growth is estimated to be contributed by the automotive sector as the production levels in Germany, the U.K., and France are estimated to increase. Europe is home to major suppliers such as Robert Bosch GmbH (Germany) and Saft SA (France) who supply batteries for multiple applications.

The North American region consists of the U.S., Canada, and Mexico and is witnessing growth in its automotive and aerospace industries. The growth in these markets has resulted in an increase in demand for batteries as it is an integral component in these applications. North America is a major market for the aerospace industry owing to increase in the demand for general and commercial aviation. Major suppliers such as Johnson Controls, Inc. (U.S.) and Exide Technologies, Inc. (U.S.) operate in this region to serve the increase in demand.

This report also provides an overview of the technical as well as other important aspects of the global battery market. It includes an analysis of the value chain, Porter’s Five Forces model, competitive landscapes, and company profiles. In addition to this, 10 key players in the market have also been profiled.
Browse Related Reports

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http://www.marketsandmarkets.com/Market-Reports/x-by-wire-technology-market-203011579.html

CNG & LPG Vehicle - Industry Trends & Forecasts to 2019
http://www.marketsandmarkets.com/Market-Reports/cng-lpg-vehicle-market-264307618.html

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 full time analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info-graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304,Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Blog: http://mnmblog.org/market-research/automotive-transportation

Mr.Rohan, MarketsandMarkets, http://www.marketsandmarkets.com/, +91 9881155004, [email protected]

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