Regional Analysis

Global Automotive Lead Acid Battery Market- Regional Analysis

Asia Pacific held a dominant position in the global automotive lead acid battery market in 2022, followed by North America and Europe.

Figure 1. Global Automotive Lead Acid Battery Market Share (%), By Region, 2022

Asia Pacific held a dominant position in the global automotive lead acid battery market in 2022, owing to factors like rapidly expanding automotive sector, rising EV (Electric Vehicle) infrastructure backed by the rapid economic development in the region, is driving the growth of automotive lead acid battery market during the forecast period. The demand for personal as well as commercial vehicles in the countries like India, China, Bangladesh, etc. is growing substantially. This growing demand in the automotive sector is resulting in the increased production of vehicles in the Asia Pacific region which is further leading the way for rise in demand for different components used by the automotive manufacturers including the lead-acid battery.

North America is another strong market for the lead acid battery. The automotive sector in the region of North America has been relied on the conventional vehicles that rely on lead acid battery for starting and powering various electrical systems. The replacement market for automotive is also significantly large in the North American region where the market for restoration and customization of old vehicles is a popular practice. These factors would ensure significant demand for lead acid batteries in the region and lead to the expansion of the automotive lead acid battery market during the forecast period.

North America: U.S. and Canada

Latin America: Brazil, Mexico, and Rest of Latin America

Europe: Germany, U.K., France, Italy, Russia, and Rest of Europe

Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific

Middle East & Africa: GCC Countries, South Africa, and Rest of Middle East & Africa