America SLI Battery Market Size, Share, Trends and Forecast 2030, by Types (Flooded Lead-Acid Batteries, Absorbent Glass Mat (AGM) Batteries, Gel Batteries) by Applications (Automotive, Marine)

Report ID :
3147

Publisher ID :
theinsightbridge

Published :
2023-06-12

Pages :
190

Purchase Option
$4500

America SLI Battery Market Introduction

SLI (Starting, Lighting, and Ignition) battery is a type of lead-acid battery used in vehicles for starting the engine, powering the lights, and providing electricity for the ignition system. The America SLI battery market refers to the market for SLI batteries in North, South, and Central America.SLI batteries are widely used in the automotive industry, and their demand is closely linked to the demand for vehicles in the market. The growth of the America SLI battery market is influenced by several factors, including the increasing demand for passenger cars and commercial vehicles, the rising trend of vehicle electrification, and the growth of the automotive aftermarket. The market is highly competitive, with several players operating in the market, including major battery manufacturers and automotive OEMs.

America SLI Battery Market Size

The America SLI (Starting, Lighting, and Ignition) battery market size varies significantly between countries and regions. However, according to a report by MarketsandMarkets, the North America automotive battery market size (which includes SLI batteries) was valued at USD 4.95 billion in 2020 and is projected to reach USD 6.18 billion by 2025, growing at a CAGR of 4.5% during the forecast period.In South America, the SLI battery market is expected to grow significantly due to the growing automotive industry and the increasing demand for SLI batteries from various end-use sectors. However, the market size varies significantly between countries, and more specific data would be required to provide a more accurate answer.

America SLI Battery Market Share

The America SLI (Starting, Lighting, and Ignition) battery market is highly competitive, with a large number of players operating in the market. The market share of SLI battery manufacturers varies significantly between countries and regions.

In North America, some of the key players in the SLI battery market include:

  1. Johnson Controls International plc
  2. Exide Technologies
  3. East Penn Manufacturing Co.
  4. GS Yuasa Corporation
  5. Enersys
  6. Crown Battery Manufacturing Company
  7. ACDelco
  8. Trojan Battery Company
  9. Odyssey Battery by EnerSys
  10. Discover Battery

Johnson Controls International plc held the largest market share in the North America automotive battery market (which includes SLI batteries) in 2020. However, the market share of these companies can vary significantly between different countries and regions in America.

In South America, some of the key players in the SLI battery market include:

  1. Johnson Controls International plc
  2. Exide Technologies
  3. Moura Batteries
  4. Tudor
  5. Heliar
  6. ACDelco
  7. Bosch
  8. Delphi Technologies
  9. Yuasa
  10. Varta

The market share of these companies can also vary significantly between different countries in South America.

America SLI Battery Market Trends

The America SLI (Starting, Lighting, and Ignition) battery market is experiencing several trends that are shaping the industry. Here are some of the key trends in the market:

  1. Increasing demand for high-performance batteries: With the growing demand for high-performance batteries, manufacturers are focused on developing advanced SLI batteries that offer improved starting power, longer life, and better durability.
  2. Rising adoption of AGM batteries: Absorbent Glass Mat (AGM) batteries are gaining popularity in the SLI battery market due to their superior performance, longer life, and maintenance-free operation.
  3. Growing demand for hybrid and electric vehicles: The increasing demand for hybrid and electric vehicles is driving the demand for SLI batteries. These vehicles require SLI batteries for their starting and auxiliary power needs.
  4. Increasing focus on sustainability: With the rising concerns over environmental pollution, manufacturers are focused on developing sustainable SLI batteries that are recyclable and have a low environmental impact.
  5. Adoption of advanced manufacturing processes: Manufacturers are adopting advanced manufacturing processes to improve the efficiency of the battery production process and reduce the manufacturing costs.
  6. Increasing demand from the automotive aftermarket: The automotive aftermarket is a significant market for SLI batteries, and the increasing demand for replacement batteries is driving the growth of the market.

Overall, the America SLI battery market is expected to experience steady growth in the coming years, driven by the increasing demand from the automotive sector and the rising adoption of advanced battery technologies.

America SLI Battery Market Driving Factors

The America SLI (Starting, Lighting, and Ignition) battery market is influenced by several factors. Some of the key driving factors include:

  1. Increasing demand for automobiles: The SLI battery market is directly related to the demand for automobiles. The increasing sales of automobiles in America are driving the growth of the SLI battery market.
  2. Rising demand for high-performance batteries: SLI batteries with high performance and longer life are increasingly in demand, especially in the automotive and transportation industries.
  3. Growing awareness about energy storage: The need for energy storage systems for renewable energy sources is increasing, and SLI batteries can be used in these systems.
  4. Advancements in battery technology: Technological advancements in SLI batteries are driving the market growth. Advanced batteries offer higher performance, longer life, and improved safety features.
  5. Government initiatives and regulations: Government initiatives and regulations to reduce carbon emissions are driving the demand for electric vehicles and hybrid electric vehicles, which, in turn, is increasing the demand for SLI batteries.
  6. Increasing demand for aftermarket SLI batteries: The demand for aftermarket SLI batteries is increasing due to the growing number of aging vehicles on the road and the need for replacement batteries.

Overall, the America SLI battery market is expected to continue growing due to the increasing demand for high-performance batteries, advancements in battery technology, and government initiatives promoting the adoption of electric and hybrid vehicles.

America SLI Battery Market Regional Analysis

The America SLI (Starting, Lighting, and Ignition) battery market can be analyzed based on its regions, which include North America, Central America, and South America. Here's a brief regional analysis of the SLI battery market in America:

North America:

North America is a significant market for SLI batteries, with the United States being the largest contributor to the market. The growth in the automotive industry, the presence of leading battery manufacturers, and the high adoption of electric and hybrid vehicles are the major factors driving the growth of the SLI battery market in North America.

Central America:

The SLI battery market in Central America is relatively smaller than North and South America. However, the market is expected to grow in the coming years due to the increasing demand for automobiles and the adoption of energy storage systems.

South America:

South America is a growing market for SLI batteries, with Brazil being the largest contributor to the market. The region's growing automotive industry, increasing demand for aftermarket batteries, and the government's initiatives to promote the adoption of electric vehicles are driving the growth of the SLI battery market in South America.

Overall, the America SLI battery market is expected to grow steadily in the coming years due to the increasing demand for high-performance batteries, advancements in battery technology, and the adoption of electric and hybrid vehicles in the region.

America SLI Battery Market Forecasts 2030 

The America SLI (Starting, Lighting, and Ignition) battery market is expected to witness significant growth in the coming years. According to market research reports, the America SLI battery market is projected to reach USD 10.8 billion by 2030, growing at a CAGR of 5.8% from 2021 to 2030.The North America region is expected to hold the largest share of the America SLI battery market due to the high adoption of electric and hybrid vehicles, the presence of leading battery manufacturers, and the increasing demand for high-performance batteries. The Central America and South America regions are also expected to witness significant growth in the coming years due to the increasing demand for automobiles, the adoption of energy storage systems, and government initiatives promoting the adoption of electric vehicles.The SLI battery market's growth is expected to be driven by technological advancements in battery technology, increasing demand for high-performance batteries, and the adoption of electric and hybrid vehicles. Additionally, the increasing demand for aftermarket SLI batteries due to the growing number of aging vehicles on the road is expected to fuel market growth.Overall, the America SLI battery market is expected to witness significant growth in the coming years, driven by various factors, including the increasing demand for high-performance batteries, advancements in battery technology, and government initiatives promoting the adoption of electric and hybrid vehicles.

America SLI Battery Market Key Industry Players

The America SLI (Starting, Lighting, and Ignition) battery market is highly competitive, with several leading players operating in the market. Some of the key industry players in the America SLI battery market include:

  1. Johnson Controls International PLC
  2. Exide Technologies
  3. East Penn Manufacturing Co.
  4. Crown Battery Manufacturing Company
  5. GS Yuasa Corporation
  6. Leoch International Technology Limited
  7. Energizer Holdings, Inc.
  8. Panasonic Corporation
  9. Trojan Battery Company
  10. Interstate Batteries

These companies are actively involved in product development, partnerships, collaborations, and mergers and acquisitions to strengthen their position in the market. These players are also focusing on expanding their product portfolios and investing in R&D to introduce innovative products and improve their product offerings.

Overall, these key industry players are expected to play a vital role in the growth of the America SLI battery market in the coming years, with their focus on product innovation, technology advancements, and strategic collaborations.

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