The Automotive Lead Acid Battery Market in North America is expected to grow from US$ 3,669.33 million in 2021 to US$ 4,809.34 million by 2028; it is estimated to grow at a CAGR of 3.9% from 2021 to 2028. At present, the vehicles are becoming more electrified and autonomous, the future of vehicle technology is getting evolved. Companies like Clarios have developed a 12-volt advanced lead-acid battery which would be a part of changing future vehicle technology. The 12-volt battery is important to evolving vehicle technologies and AGM technology is a preferred battery choice. The technology provides higher reliability and better performance for fulfilling rising power demands. Thus, emergence of 12-volt lead acid batteries would be a key enable in promoting the market growth.
North America Automotive Lead Acid Battery Market Segmentation
North America Automotive Lead Acid Battery Market – By Product
- SLI
- Micro Hybrid Batteries
North America Automotive Lead Acid Battery Market – By Type
- Flooded
- Enhanced Flooded
- VRLA
North America Automotive Lead Acid Battery Market – By End User
- Passenger Cars
- LCV
- M&HCV
North America Automotive Lead Acid Battery Market – By Country
- US
- Canada
- Mexico
North America Automotive Lead Acid Battery Market – Company Profiles
- Clarios
- CSB Energy Technology Co., Ltd.
- East Penn Manufacturing Company
- EnerSys
- Exide Industries Limited
- GS Yuasa International Ltd.
- Johnson Controls, Inc.
- leoch International Technology Limited Inc
- Panasonic Corporation
North America Automotive Lead-Acid Battery Market Overview
North America represents a significant market for lead-acid battery manufacturers, primarily driven by its robust automotive industry. The region’s substantial vehicle production, encompassing passenger cars and light commercial vehicles, fuels consistent demand. In 2020, the U.S. automotive sector alone delivered approximately 14.5 million light vehicle units, highlighting the scale of the market. This high volume of vehicle sales, particularly in developed economies like the U.S. and Canada, directly correlates with increased lead-acid battery consumption.
Furthermore, the growing adoption of electric vehicles and e-bikes, spurred by rising living standards and incomes, contributes to the market’s expansion. Ongoing research and development efforts within the automotive industry, aimed at enhancing battery performance, are expected to further stimulate demand in the coming years.
The COVID-19 pandemic significantly impacted the North American market. The U.S., particularly affected, experienced widespread lockdowns and disruptions to manufacturing, automotive, and semiconductor industries, leading to a temporary decline in lead-acid battery demand. While Canada and Mexico saw fewer cases, similar operational slowdowns across various sectors negatively affected the market. However, the anticipated recovery of the automotive industry in 2021, driven by continued promotional activities for passenger vehicles, is expected to mitigate the pandemic’s short-term effects.
Strategic Market Insights
Comprehensive strategic insights into the North American automotive lead-acid battery market are crucial for informed decision-making. These insights provide data-driven analyses of current market trends, key players, and regional variations, enabling businesses to identify opportunities and develop competitive advantages. By leveraging data analytics, stakeholders can anticipate market shifts and identify untapped segments, fostering innovation and differentiation.
These strategic insights offer actionable recommendations for investors, manufacturers, and other industry participants, facilitating the development of unique value propositions and informed strategies. A forward-looking perspective, supported by robust data analysis, is essential for navigating the dynamic market and ensuring long-term success. Ultimately, these insights empower stakeholders to make strategic decisions that drive profitability and achieve their business objectives within the North American automotive lead-acid battery market.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
