The report forecasts the global automotive battery aftermarket to grow at a CAGR of 5.61% during the period 2016-2020.
There is always a demand in the automotive world for the replacement of parts and accessories, for which consumers have to increasingly fall back on the aftermarket supplies. This has resulted in the strengthening of the automotive aftermarket for accessories and parts, including batteries. With the continuous technological advancement in the automotive world, the trend to install more and more electrical accessories in vehicles is generating the requirement for more powerful batteries to operate them.
The report covers the present scenario and the growth prospects of the global automotive battery aftermarket for 2016-2020. To calculate the market size, the report considers the sales figures of the different vehicles segment such as passenger cars, LCVs, and M&HCVs.
According to the report, the first rechargeable batteries for commercial use were lead acid batteries. Lead acid batteries continue to be widely used since they are dependable in terms of performance and price on cost-per-watt basis. However, since lead acid is heavy and is less durable, a full discharge in batteries causes strain and drains out the battery to a small amount of capacity.
- Johnson Controls
- Exide Technologies
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by vehicle type
Part 07: Geographical segmentation
Part 08: Key leading countries
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
Part 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/t8cm5c/global_automotive