utomotive batteries are rechargeable batteries that supplies electric energy to automobiles, most essentially for automotive SLI (starting, lighting and ignition) system. Automotive batteries also provide power to automobile accessories such as radio, music players, air conditioners, wipers and charging plugs. Furthermore, the battery also serves as voltage stabilizer by absorbing abnormal transient voltages in vehicle electrical system.

1. Automotive Battery Market - Global
Industry Analysis and Forecast to 2020

2. Automotive Battery Market - Global Industry Analysis and
Forecast to 2020
Automotive batteries are rechargeable batteries that supplies electric
energy to automobiles, most essentially for automotive SLI (starting,
lighting and ignition) system. Automotive batteries also provide power
to automobile accessories such as radio, music players, air
conditioners, wipers and charging plugs. Furthermore, the battery also
serves as voltage stabilizer by absorbing abnormal transient voltages
in vehicle electrical system. Based on the chemical composition the
automotive battery market is broadly categorized in five different
market segment, lithium ion (Li-ion), nickel–metal hydride (Ni-MH),
nickel–cadmium (Ni-Cd), gasoline and lead-acid. The energy density
per unit weight (Wh/kg) is highest in Gasoline batteries followed by Li-ion
and Ni-MH and is least in Lead-Acid batteries. Lead-Acid batteries
are an aging automotive battery technology. Due to its simple or
mature technology coupled with fluctuating lead prices in last few
years, much of the automotives batteries research is focused on
drifting away from this technology.

3. On the basis of application automotive battery market can be broadly
categories as: two/three wheeler’s battery, car and light van’s battery,
heavy motor vehicle (HMV’s) batteries and electric or hybrid vehicle’s
battery. The automotive batteries’ capacity is defined by size, numbers of
plate and strength and volume of electrolyte. Some of the most commonly
used battery current rating standards are cold cracking amperes (CCA),
reserve capacity (RC), Amp-Hour (AH) and power (Watts).
Automotive battery market is expected to witness a moderate but steady
growth in coming years North America is the largest automotive battery
market followed by Europe and Asia Pacific. The growth rate is highest in
Asia Pacific and is expected to be even higher during the forecasted period.
Such high growth rate is attributed to the emergence of China as a global
hub for automobile industry and increasing demands of vehicles from
some of the other Asian countries such as India Indonesia, Malaysia,
Thailand and Philippines. The increasing demand in these countries is
attributed to the growing infrastructure and rising disposable income of
middle class. Ni-MH segment is expected to experience highest growth rate
followed by lead acid and lithium-ion segments.

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Fuel cell technology based automobile batteries are expected to gain wider acceptance in
global market mainly due to their increased output efficiency and reduction in the pollutant
bi-products. This is due to the fact that these batteries use harmless product such as
oxygen and hydrogen as fuel and hence acceptance of this technology by the vehicle
makers is expected to drive the global automotive batteries market.
Increasing research and development in the field of battery technology for fuel cell based
automobile and development of nano technology based lithium batteries along with
government initiatives for electric vehicles around globe are some of the major drivers for
automotive battery market, whereas constant fluctuation in the cost of raw materials such
as nickel and lead, pose significant challenge for the industry.
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