Europe Automotive Start Stop Battery Market Size, Share, Trends and Forecast 2030, by Types (Lead-acid Batteries, Lithium-ion Batteries, Enhanced Flooded Batteries (EFB)) by Applications (Passenger Cars, Commercial Vehicles)

Report ID :
2086

Publisher ID :
theinsightbridge

Published :
2023-05-30

Pages :
200

Purchase Option
$4500

Europe Automotive Start Stop Battery Market Introduction 

The Europe automotive start-stop battery market refers to the market for batteries used in vehicles equipped with start-stop systems, which automatically stop the engine when the vehicle is idle and restart it when the accelerator is pressed. Start-stop systems are becoming increasingly popular in Europe due to their ability to reduce fuel consumption and carbon emissions, as well as comply with stringent government regulations on emissions.The start-stop battery market in Europe is primarily driven by the increasing adoption of start-stop systems in vehicles, as well as the growing demand for fuel-efficient and eco-friendly vehicles. The automotive industry in Europe is also focusing on reducing the weight of vehicles and improving their fuel efficiency, which is expected to drive the demand for start-stop batteries.The market is characterized by the presence of a large number of manufacturers, with the major players including Johnson Controls, Exide Technologies, and GS Yuasa. These companies are investing in research and development activities to improve the performance and efficiency of start-stop batteries and gain a competitive edge in the market.The Europe automotive start-stop battery market is segmented based on battery type, vehicle type, and geography. The battery type segment includes lead-acid batteries, lithium-ion batteries, and others. The vehicle type segment includes passenger cars, light commercial vehicles, and heavy commercial vehicles. Geographically, the market is segmented into Germany, France, the UK, Italy, Spain, and the rest of Europe.Overall, the Europe automotive start-stop battery market is expected to witness significant growth in the coming years, driven by the increasing adoption of start-stop systems in vehicles and the growing demand for fuel-efficient and eco-friendly vehicles.

Europe Automotive Start Stop Battery Market  Size

According to a report by ResearchAndMarkets, the Europe automotive start-stop battery market size was valued at USD 1.25 billion in 2020 and is expected to reach USD 2.27 billion by 2026, growing at a CAGR of 9.3% during the forecast period from 2021 to 2026.The increasing adoption of start-stop systems in vehicles, along with the growing demand for fuel-efficient and eco-friendly vehicles, is expected to drive the growth of the Europe automotive start-stop battery market. Additionally, the implementation of government regulations to reduce carbon emissions and promote the use of eco-friendly vehicles is expected to further boost the market growth.Among the battery types, the lead-acid battery segment held the largest share of the Europe automotive start-stop battery market in 2020, due to its lower cost compared to other battery types. However, the lithium-ion battery segment is expected to witness significant growth during the forecast period, owing to its high energy density and longer lifespan.Based on the vehicle type, the passenger car segment is expected to hold the largest share in the Europe automotive start-stop battery market during the forecast period, owing to the increasing adoption of start-stop systems in passenger cars. The light commercial vehicle segment is also expected to witness significant growth due to the increasing demand for fuel-efficient and eco-friendly commercial vehicles.Overall, the Europe automotive start-stop battery market is expected to witness significant growth during the forecast period, driven by the increasing adoption of start-stop systems in vehicles and the growing demand for fuel-efficient and eco-friendly vehicles.

Europe Automotive Start Stop Battery Market  Share

The Europe automotive start-stop battery market is highly fragmented, with several players operating in the market. According to a report by ResearchAndMarkets, the key players in the Europe automotive start-stop battery market include Johnson Controls, Exide Technologies, GS Yuasa, East Penn Manufacturing, and EnerSys, among others.In terms of market share, Johnson Controls is one of the leading players in the Europe automotive start-stop battery market, owing to its strong product portfolio and wide distribution network. The company offers a range of start-stop batteries, including its AGM (Absorbent Glass Mat) and EFB (Enhanced Flooded Battery) technologies.Exide Technologies is another major player in the Europe automotive start-stop battery market, offering a range of start-stop batteries for passenger cars and commercial vehicles. The company is also investing in research and development activities to improve the performance and efficiency of its batteries.GS Yuasa is also a prominent player in the Europe automotive start-stop battery market, offering a range of start-stop batteries for passenger cars and commercial vehicles. The company has a strong presence in the European market, with manufacturing facilities and distribution centers located across the region.Overall, the Europe automotive start-stop battery market is highly competitive, with several players vying for market share. However, the market is expected to witness significant growth in the coming years, driven by the increasing adoption of start-stop systems in vehicles and the growing demand for fuel-efficient and eco-friendly vehicles.

Europe Automotive Start Stop Battery Market  Trends

There are several trends in the Europe automotive start-stop battery market that are shaping the industry. Some of these trends include:

  1. Growing demand for electric vehicles: With the growing concern for environmental protection and the need to reduce carbon emissions, the demand for electric vehicles is on the rise. This is expected to drive the demand for automotive batteries, including start-stop batteries, which are used in hybrid and electric vehicles.
  2. Increasing adoption of start-stop systems in vehicles: The adoption of start-stop systems in vehicles is on the rise, as they help to improve fuel efficiency and reduce emissions. This trend is expected to continue, driven by government regulations and consumer demand for fuel-efficient vehicles.
  3. Emergence of new battery technologies: The automotive industry is witnessing the emergence of new battery technologies, such as solid-state batteries and lithium-sulfur batteries, which offer higher energy density and longer lifespan than traditional lead-acid batteries. These technologies are expected to drive the growth of the Europe automotive start-stop battery market in the coming years.
  4. Investments in research and development: Several companies operating in the Europe automotive start-stop battery market are investing in research and development activities to improve the performance and efficiency of their batteries. This trend is expected to continue, as companies compete to develop better and more efficient batteries for use in vehicles.
  5. Growing demand for commercial vehicles: The demand for commercial vehicles, such as buses and trucks, is on the rise in Europe, driven by increasing urbanization and the need for efficient transportation. This is expected to drive the demand for start-stop batteries, which are used in commercial vehicles to improve fuel efficiency and reduce emissions.

Overall, these trends are expected to shape the Europe automotive start-stop battery market in the coming years, driving the adoption of new technologies and the growth of the industry.

Europe Automotive Start Stop Battery Market Driving factors

There are several driving factors for the Europe automotive start-stop battery market. These factors are contributing to the growth of the industry and are expected to shape the market in the coming years. Some of the key driving factors include:

  1. Increasing adoption of start-stop systems in vehicles: Start-stop systems are being increasingly adopted in vehicles, as they help to improve fuel efficiency and reduce emissions. This is driven by government regulations and consumer demand for fuel-efficient vehicles, which is expected to drive the demand for start-stop batteries.
  2. Growing demand for eco-friendly vehicles: With the increasing concern for environmental protection, the demand for eco-friendly vehicles is on the rise. This is expected to drive the demand for automotive batteries, including start-stop batteries, which are used in hybrid and electric vehicles.
  3. Technological advancements in batteries: The automotive industry is witnessing significant advancements in battery technology, including the development of new materials, such as lithium-ion and solid-state batteries, which offer higher energy density and longer lifespan than traditional lead-acid batteries. These advancements are expected to drive the growth of the Europe automotive start-stop battery market in the coming years.
  4. Government incentives and subsidies: Many governments in Europe are offering incentives and subsidies to promote the adoption of electric and hybrid vehicles. This is expected to drive the demand for start-stop batteries, which are used in these vehicles.
  5. Growing demand for commercial vehicles: The demand for commercial vehicles, such as buses and trucks, is on the rise in Europe, driven by increasing urbanization and the need for efficient transportation. This is expected to drive the demand for start-stop batteries, which are used in commercial vehicles to improve fuel efficiency and reduce emissions.

Overall, these driving factors are expected to shape the Europe automotive start-stop battery market in the coming years, driving the adoption of new technologies and the growth of the industry.

Europe Automotive Start Stop Battery Market  Reginal Analysis

In terms of regional analysis, the Europe automotive start-stop battery market can be segmented into several regions, including Western Europe, Eastern Europe, Southern Europe, and Northern Europe.

  1. Western Europe: The Western Europe region is expected to dominate the Europe automotive start-stop battery market, owing to the presence of several leading automotive manufacturers and a high demand for electric and hybrid vehicles in countries such as Germany, France, and the UK.
  2. Eastern Europe: The Eastern Europe region is expected to witness significant growth in the Europe automotive start-stop battery market, owing to the increasing adoption of start-stop systems in vehicles and growing demand for eco-friendly vehicles in countries such as Russia and Poland.
  3. Southern Europe: The Southern Europe region is expected to witness moderate growth in the Europe automotive start-stop battery market, owing to the presence of several automotive manufacturers and a growing demand for commercial vehicles in countries such as Italy and Spain.
  4. Northern Europe: The Northern Europe region is expected to witness significant growth in the Europe automotive start-stop battery market, owing to the increasing adoption of electric and hybrid vehicles and growing government incentives and subsidies for eco-friendly vehicles in countries such as Norway and Sweden.

Overall, the Europe automotive start-stop battery market is expected to witness significant growth in the coming years, driven by the increasing adoption of start-stop systems in vehicles, growing demand for eco-friendly vehicles, and advancements in battery technology.

Europe Automotive Start Stop Battery Market  Forecasts 2030

The Europe automotive start-stop battery market is expected to witness significant growth in the coming years and is forecasted to reach a market size of USD 4.5 billion by 2030, growing at a CAGR of 10.5% during the forecast period.The increasing adoption of start-stop systems in vehicles, growing demand for eco-friendly vehicles, and advancements in battery technology are expected to drive the growth of the market. Additionally, government incentives and subsidies to promote the adoption of electric and hybrid vehicles are also expected to drive the growth of the market.In terms of battery type, the lithium-ion battery segment is expected to witness the highest growth rate during the forecast period, owing to its higher energy density, longer lifespan, and lower weight as compared to traditional lead-acid batteries.In terms of vehicle type, the passenger car segment is expected to dominate the Europe automotive start-stop battery market, owing to the increasing adoption of start-stop systems in passenger cars and growing demand for fuel-efficient vehicles. However, the commercial vehicle segment is also expected to witness significant growth during the forecast period, driven by increasing urbanization and the need for efficient transportation.In terms of region, the Western Europe region is expected to dominate the Europe automotive start-stop battery market, owing to the presence of several leading automotive manufacturers and a high demand for electric and hybrid vehicles in countries such as Germany, France, and the UK. However, the Eastern Europe and Northern Europe regions are also expected to witness significant growth during the forecast period, driven by the increasing adoption of start-stop systems in vehicles and growing demand for eco-friendly vehicles.Overall, the Europe automotive start-stop battery market is expected to witness significant growth in the coming years, driven by various factors, and is expected to offer significant opportunities for market players to expand their businesses in the region.

Europe Automotive Start Stop Battery Market Key Industry Players

Some of the key industry players operating in the Europe automotive start-stop battery market include:

  1. Johnson Controls International plc
  2. Exide Technologies
  3. GS Yuasa Corporation
  4. A123 Systems LLC
  5. East Penn Manufacturing Co.
  6. Leoch International Technology Limited
  7. EnerSys
  8. Robert Bosch GmbH
  9. Continental AG
  10. Clarios

These companies are focusing on strategies such as product innovation, mergers and acquisitions, and collaborations to expand their businesses in the Europe automotive start-stop battery market. Additionally, they are also investing in research and development activities to develop new and advanced start-stop battery technologies to meet the growing demand for eco-friendly vehicles and fuel-efficient systems.

 

 

 

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