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Title: START-STOP BATTERY MARKET ANALYSIS | CMI


1
  • Coherent Market Insights
  • Market Research and Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • COVID-19 Impact Tracker

2
START-STOP BATTERY MARKET ANALYSIS
  • Start-stop Battery Market, By Battery Type
    (Lead-acid Battery and Lithium-ion Battery), By
    Lead-acid Battery Type (Absorbent Glass Mat and
    Enhanced Flooded Battery), By Application
    (Conventional Vehicle and Electric Vehicle), and
    by Geography - Global Forecast to 2025
  • The global start-stop battery market is projected
    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.

3
Market Drivers
  • Start-stop technology helps reduce the idling
    time of engines, by automatically shutting down
    and restarting the internal combustion engine of
    the vehicle, thus reducing the fuel consumption
    and emissions. The integration of start-stop
    technology in various automotive vehicles is
    increasing, in turn, posing as a major factor
    driving growth of the Start-Stop Battery Market.
    For instance, in 2016, General Motors announced
    that most of its vehicle models will be
    integrated with engine start-stop technology by
    2020.
  • Increasing demand for start-stop technology by
    automotive manufacturers to reduce the CO2
    emission to meet government standards of
    emissions is also accelerating growth of the
    start-stop technology. Rampant integration of new
    technologies to enhance fuel-efficiency of
    start-stop technology is further boosting growth
    of the start-stop battery market. For instance,
    in 2015, General Motors announced the integration
    of ultra-capacitor based voltage stabilization as
    part of the enhanced start stop system. This
    helped to reduce the fuel consumption, improve
    performance, and reduce harmful emissions.

4
  • Growing adoption of electric vehicles is boosting
    growth of the start-stop battery market
  • Among applications, the electric vehicles segment
    held a dominant position in 2017 and is expected
    to retain its dominance throughout the forecast
    period. In 2017, the electric vehicle segment
    generated revenue of US 4.2 billion, exhibiting
    a CAGR of 20.6 over the forecast period to reach
    US 18.8 billion by 2025. Increasing adoption of
    electric vehicles is one of the major factors
    driving growth of the segment. For instance,
    according to International Energy Agency, the
    global sales of new electric cars surpassed 1
    million units in 2017, which was 56 percent sales
    growth of new electric car as compared to that in
    2016. China held the largest market share of
    sales of electric cars in 2017.
  • Furthermore, increasing sales of electric busses
    and two wheelers have also increased the demand
    for start-stop technology, which in turn is
    fueling growth of the start-stop battery market.
    According to International Energy Agency, in
    2017, the global sales of electric buses was
    100,000 and electric two wheelers were 30
    million.

5
Figure. Global Start-stop battery Market Share,
by Region, 2017, US Million.
6
  • Asia Pacific held the dominant position in
    Start-stop battery market in 2017
  • Asia Pacific held the dominant position in the
    global start-stop battery market and is projected
    to retain its dominance throughout the forecast
    period. India, China, Japan are major growth
    engines for the start-stop battery market in this
    region. In 2017, the Asia Pacific start-stop
    battery market generated revenue of US 2.3
    billion. The market is expected to reach US 11.9
    billion by 2025, exhibiting a CAGR of 22.7 over
    the forecast period. The increasing sales of
    automotive vehicles in Asia Pacific countries
    become one of the major driving factor for the
    growth of the market in this region. According to
    International Organization of Motor Vehicle
    Manufacturers, in 2017, the sales of automotive
    vehicle was 29.1 million units up from 28.0
    million units in 2016. Similarly, the sales of
    new vehicles in India and Japan was 4.0 million
    units and 5.2 million units in 2017. Hence, this
    increasing sales of automotive vehicles have
    increased the installation of start stop
    technology which parallel fuels the market of
    start-stop battery in this region.

7
Key Players- Global Start-stop Battery Market
  • Major players operating in the global start-stop
    battery market 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.

8
  • Request Sample Report
  • Request Customization
  • Download PDF Brochure
  • Talk to Analyst
  • Reference https//www.coherentmarketinsights.com
    /market-insight/start-stop-battery-market-1724

9
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions.
  • What we provide
  • Customized Market Research Services
  • Industry Analysis Services
  • Business Consulting Services
  • Market Intelligence Services
  • Long term Engagement Model
  • Country Specific Analysis

10
Contact Us
  • Mr. Shah
  • Coherent Market Insights Pvt.Ltd.
  • Address 1001 4th Ave, 3200 Seattle, WA 98154,
    U.S.
  • Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

11
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