Automotive Lead Acid Batteries Market place Leveraging EV TrendPosted by Lohitha on July 11th, 2019 Global Automotive Lead Acid Batteries Market Outlook Till date, the most commonly used batteries in the automotive industry are the lead-acid batteries. The demands for lead-acid batteries are increasing with the simultaneously surging automobiles industry. According to IndustryARC, the global automotive lead-acid battery market size stood at .2 billion in 2018. And, according to the analysts, the demands in this marketplace will be growing at a positive compound annual growth rate (CAGR) of 4.4% during the forecast period of 2019 to 2025. Consistently increasing opportunities in the automotive sector is projected to drive further growth in the global automotive lead acid battery market. The report is titled “Automotive Lead Acid Batteries Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast 2019 - 2025” It is inclusive of a detailed analysis of the industry and forecasts for the key players along with the latest trends that are manipulating the market. View Full Table Of Contents Of Automotive Lead Acid Batteries Market: https://www.industryarc.com/Research/Automotive-Lead-Acid-Batteries-Market-Research-500468 Global Automotive Lead Acid Batteries Market: Leading Segments Geographically, APAC is the key region in the global automotive lead-acid battery market, providing a massive 65% of the total demand in 2018. The APAC is accounted for the largest share owing to its incredible manufacturing capabilities in the automotive industry. Abundant factories are established in the region which produces vehicles of various types and segments. APAC is the developing hub for the automotive industry since most of the leading brands are exporting vehicles made in the region to different parts of the world. Global Automotive Lead Acid Batteries Industry Analysis Global Automotive Lead Acid Batteries Market Trends · Lightweight and powerful lead-acid batteries are being manufactured by the key players in the market. These lightweight batteries are being applied in the production of lightweight vehicles such as two-wheelers and other small pick-up trucks. · Lead acid batteries remain the sole power source in golf karts. These flimsy vehicles demand a great amount of power from these lead-acid batteries. Global Automotive Lead Acid Batteries Market: Competitive Landscape Talk to one of our sales representative about the full report by providing your details in the link below: https://www.industryarc.com/support.php?id=500468 Media Contact: Like it? Share it!More by this author |