Start-stop battery is an advanced battery that provides the starting power as a traditional automotive battery with the cyclic capacity. The global start-stop battery market is expected to exhibit a CAGR of 21.8% over the forecast period (2018-2025). In 2017, the global start-stop battery market generated revenue of US$ 6.05 billion and is expected to reach US$ 29 billion by 2025. Increasing investment on production of start-stop battery by various market players is accelerating growth of the market. For instance, in 2015, the Johnson Controls announced plans to invest US$ 555 million to expand AGM battery production in the U.S., Germany, and China.
Market Dynamics
The Europe start-stop battery market generated revenue of US$ 1.98 billion in 2017 and is expected to reach US 9.5 billion by 2025, exhibiting a CAGR of 21.5% over the forecast period. Germany, France, and U.K. are major growth engines for the market in this region. The increasing sales of automotive vehicles Europe is one of the major factors driving growth of the market in this region. According to International Organization of Motor Vehicle Manufacturers, the sales or new registration of automotive vehicles in Europe was 20.9 million units in 2017, which was an increase from 20.1 million units recorded in 2016. Increasing adoption of automotive vehicles in turn, is increasing the demand for start-stop batteries to lower energy consumption and emissions by vehicles. Thus boosting growth of the start-stop battery market in European countries. Increasing regulations to reduce carbon emissions also plays a key role for growth of the market in this region. According to European Union legislation, the average emissions level of a new car sold in 2017 was 118.5 grams of CO2 per kilometer, with a target to reach 95 grams of CO2 per kilometer by 2021.
Key features of the study:
- This report provides in-depth analysis of start-stop battery market, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2018– 2025), considering 2017 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global start-stop battery market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, start-stop battery market capital, key developments, strategies, and future plans
- Companies covered as part of this study include A123 System LLC, ATLASBX Co., Ltd, East Penn Manufacturing, Exide Technologies, GS Yuasa International Ltd., Johnson Controls, Leoch Battery, Inc., Panasonic Corporation, Saft America, Inc., and Tianneng Power International Co., Ltd.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
- The global start-stop battery market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global start-stop battery market
Detailed Segmentation:
- Global Start-stop battery Market, By Battery Type:
- Lead-acid Battery
- Absorbent Glass Mat
- Enhanced Flooded Battery
- Lithium-ion Battery
- Global Start-stop battery Market, By Application
- Conventional Vehicle
- Electric Vehicle
- Global Start-stop battery Market, By Geography:
- North America
- By Battery Type
- Lead-acid Battery
- Absorbent Glass Mat
- Enhanced Flooded Battery
- Lithium-ion Battery
- By Application
- Conventional Vehicle
- Electric Vehicle
- By Country:
- Europe
- By Battery Type
- Lead-acid Battery
- Absorbent Glass Mat
- Enhanced Flooded Battery
- Lithium-ion Battery
- By Application
- Conventional Vehicle
- Electric Vehicle
- By Country:
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Battery Type
- Lead-acid Battery
- Absorbent Glass Mat
- Enhanced Flooded Battery
- Lithium-ion Battery
- By Application
- Conventional Vehicle
- Electric Vehicle
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- By Battery Type
- Lead-acid Battery
- Absorbent Glass Mat
- Enhanced Flooded Battery
- Lithium-ion Battery
- By Application
- Conventional Vehicle
- Electric Vehicle
- By Country:
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- By Battery Type
- Lead-acid Battery
- Absorbent Glass Mat
- Enhanced Flooded Battery
- Lithium-ion Battery
- By Application
- Conventional Vehicle
- Electric Vehicle
- By Country:
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- By Battery Type
- Lead-acid Battery
- Absorbent Glass Mat
- Enhanced Flooded Battery
- Lithium-ion Battery
- By Application
- Conventional Vehicle
- Electric Vehicle
- By Country:
- Northern Africa
- Central Africa
- South Africa
- Company Profiles
- A123 System LLC
- Company Overview
- Product Portfolio
- Key Strategies
- Recent Developments/ Updates
- ATLASBX Co., Ltd
- Company Overview
- Product Portfolio
- Key Strategies
- Recent Developments/ Updates
- East Penn Manufacturing
- Company Overview
- Product Portfolio
- Key Strategies
- Recent Developments/ Updates
- Exide Technologies
- Company Overview
- Product Portfolio
- Key Strategies
- Recent Developments/ Updates
- GS Yuasa International Ltd.
- Company Overview
- Product Portfolio
- Key Strategies
- Recent Developments/ Updates
- Johnson Controls
- Company Overview
- Product Portfolio
- Key Strategies
- Recent Developments/ Updates
- Leoch Battery, Inc.
- Company Overview
- Product Portfolio
- Key Strategies
- Recent Developments/ Updates
- Panasonic Corporation
- Company Overview
- Product Portfolio
- Key Strategies
- Recent Developments/ Updates
- Saft America, Inc.
- Company Overview
- Product Portfolio
- Key Strategies
- Recent Developments/ Updates
- Tianneng Power International Co., Ltd.
- Company Overview
- Product Portfolio
- Key Strategies
- Recent Developments/ Updates
