Summary
Europe Automotive Lead-Acid Battery Market Research Report by Type [SLI (Starting, Lighting, Ignition), AGM (Absorbent Glass Mat), Gel Batteries, Deep Cycle Batteries], by Vehicle (Passenger Vehicles, Commercial Vehicles, Electric Vehicles, Two Wheeler), by Technology (Internal Combustion Engine, Electric, Hybrid), by Application (Start-Stop System, Hybrid Electric Vehicles, Auxiliary Power), by Distribution Channel [OEM (Original Equipment Manufacturer), Aftermarket] Forecast till 2032
Market Analysis
Europe Automotive Lead-Acid Battery market reached a revenue of USD 5,804.9 million in 2023 and is expected a steady growth over the forecast period from 2024 to 2032, with a Compound Annual Growth Rate (CAGR) of 3.6%.
Key drivers of Europe Automotive Lead-Acid Battery market growth include the increasing adoption of electric vehicles (EVs), the rising need for renewable energy storage solutions and the steady growth in automotive production and sales across Europe further fuel demand. Regulatory reforms and stricter environmental standards are pushing automakers to adopt more reliable and recyclable battery technologies. Meanwhile, advancements in lead-acid battery technologies, are helping improve performance and extend battery life.
However, Europe Automotive Lead-Acid Battery market faces several restraints. Chief among them is the growing competition from advanced battery technologies, stringent environmental regulations add pressure on manufacturers to reduce lead content and improve recycling processes. The decline in traditional internal combustion engine vehicles also impacts demand. Additionally, high raw material costs and limited innovation in traditional lead-acid battery designs present further challenges.
Despite these hurdles, the market presents numerous opportunities. Expansion of start-stop systems in vehicles enhances the relevance of lead-acid batteries. Growing investment in recycling infrastructure makes them more sustainable. Rising hybrid vehicle demand, partnerships with tech firms, and the expansion of the automotive aftermarket segment all contribute to growth. Furthermore, digital transformation and regulatory support for sustainable transportation are expected to reinforce the lead-acid battery market’s long-term viability in Europe.
Market Segmentations Insights
Europe automotive lead-acid battery market is categorized by type into SLI (Starting, Lighting, Ignition), AGM (Absorbent Glass Mat), Deep Cycle Batteries, and Gel Batteries.
Based on vehicle, Europe automative lead-acid battery market is divided, comprises passenger vehicles, commercial vehicles, electric vehicles, and two-wheeler.
Internal Combustion Engine, Electric, Hybrid are the part of technology type of Europe automotive lead-acid battery market.
Depends on the application type, the regional market is segmented into start stop system, hybrid electric vehicles, auxiliary power.
In terms of distribution channel, Europe automotive lead-acid battery market has been segmented into original equipment manufacturer and aftermarket.
Major Competitors
Exide Technologies, GS Yuasa Battery Europe Ltd, Robert Bosch GmBH, BAE Batteries Ltd., Omnitron Griese GmBH, ENERSYS, Johnson Controls, Panasonic Energy Co., Ltd., Leoch International Technology Limited Inc, HOPPECKE Batterien GmBH & Co. KG are the key companies of Europe automotive lead-acid battery market.
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Table of Contents
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY ................................................................................................................. 17
2 MARKET INTRODUCTION ............................................................................................................. 20
2.1 DEFINITION .................................................................................................................................................................. 20
2.2 SCOPE OF THE STUDY .............................................................................................................................................. 20
2.3 RESEARCH OBJECTIVE ............................................................................................................................................ 20
2.4 MARKET STRUCTURE .............................................................................................................................................. 21
3 RESEARCH METHODOLOGY ........................................................................................................ 22
3.1 OVERVIEW .................................................................................................................................................................... 22
3.2 DATA FLOW .................................................................................................................................................................. 24
3.2.1 Data Mining Process ....................................................................................................................................... 24
3.3 PURCHASED DATABASE: ......................................................................................................................................... 25
3.4 SECONDARY SOURCES: ............................................................................................................................................ 26
3.4.1 Secondary Research Data Flow: ....................................................................................................................... 27
3.5 PRIMARY RESEARCH: ............................................................................................................................................... 28
3.5.1 Primary Research DATA FLOW: ....................................................................................................................... 29
3.5.2 Primary Research: Number of Interviews conducted ......................................................................................... 30
3.5.3 Primary Research: Regional Coverage .............................................................................................................. 30
3.6 APPROACHES FOR MARKET SIZE ESTIMATION: ........................................................................................... 31
3.6.1 Revenue Analysis Approach ............................................................................................................................ 31
3.6.2 Data forecasting ............................................................................................................................................. 32
3.6.3 Data Forecasting Technique ............................................................................................................................ 32
3.7 DATA MODELING ........................................................................................................................................................ 33
3.7.1 microeconomic factor analysis: ....................................................................................................................... 33
3.7.2 Data modeling: ............................................................................................................................................... 34
3.8 TEAMS AND ANALYST CONTRIBUTION ........................................................................................................... 36
4 MARKET DYNAMICS ...................................................................................................................... 38
4.1 INTRODUCTION ........................................................................................................................................................... 38
4.2 MARKET TRENDS AND GROWTH AFFECTING FACTORS ........................................................................... 40
4.2.1 Shift Towards Electric and Hybrid Vehicles ...................................................................................................... 40
4.2.2 Technological Advancement in Battery design ................................................................................................. 40
4.2.3 Growing Environmental Regulations and Sustainability Initiatives ...................................................................... 40
4.2.4 Increasing Investment in Renewable Energy Storage Solutions .......................................................................... 41
4.2.5 Expansion of the Aftermarket for Automotive Components ............................................................................... 41
4.3 DRIVERS ......................................................................................................................................................................... 42
4.3.1 Increase in Electric Vehicle Adoption ............................................................................................................... 42
4.3.2 Demand for Renewable Energy Storage Solutions ............................................................................................. 42
4.3.3 Growing Automotive Production and Sales ....................................................................................................... 43
4.3.4 Regulatory Changes and Environmental Standards ........................................................................................... 43
4.3.5 Technological Advancements in Battery Technology ........................................................................................ 44
4.4 RESTRAINTS ................................................................................................................................................................ 45
4.4.1 Competition from Advanced Battery Technologies ........................................................................................... 45
4.4.2 Stringent Environmental Regulations ............................................................................................................... 45
4.4.3 Declining Demand for Traditional Vehicles ....................................................................................................... 46
4.4.4 High Costs of Raw Materials ........................................................................................................................... 46
4.4.5 Limited Innovation in Lead Acid Technology .................................................................................................... 47
4.5 OPPORTUNITY ............................................................................................................................................................. 48
4.5.1 Expansion of Start-Stop Technology in Vehicles ............................................................................................... 48
4.5.2 Investment in Recycling Infrastructure for Lead Acid Batteries .......................................................................... 48
4.5.3 Rising Demand for Hybrid Vehicles .................................................................................................................. 49
4.5.4 Collaboration with Technology Firms for Battery Solutions ............................................................................... 49
4.5.5 Growth of the Aftermarket for Automotive Components .................................................................................... 50
4.5.6 Digital Transformation in the Automotive Industry ............................................................................................ 50
4.5.7 Regulatory Support for Sustainable Transportation ........................................................................................... 51
4.6 COVID-19 IMPACT ANALYSIS ................................................................................................................................ 52
4.6.1 Impact On overall automotive industry ............................................................................................................. 52
4.6.2 Impact on the Global Automotive lead-acid battery MARKET ............................................................................. 52
4.6.3 IMPACT ON SUPPLY CHAIN OF Europe Automotive lead-acid battery MARKET .................................................. 53
4.6.4 IMPACT ON PRICING OF Europe Automotive lead-acid battery MARKET ............................................................ 53
4.6.5 IMPACT ON MARKET DEMAND OF Europe Automotive lead-acid battery MARKET .............................................. 54
5 MARKET FACTOR ANALYSIS ........................................................................................................ 55
5.1 SUPPLY CHAIN ANALYSIS ..................................................................................................................................... 55
5.1.1 Raw Material Suppliers ................................................................................................................................... 56
5.1.2 Manufacturing and production process ............................................................................................................ 56
5.1.3 Distribution and logistics ................................................................................................................................ 57
5.2 PORTER’S FIVE FORCES MODEL ........................................................................................................................... 58
5.2.1 Bargaining Power of Suppliers ......................................................................................................................... 59
5.2.2 Bargaining Power of Buyers ............................................................................................................................ 59
5.2.3 Threat of New Entrants ................................................................................................................................... 60
5.2.4 Threat of Substitutes ...................................................................................................................................... 60
5.2.5 Intensity of Rivalry .......................................................................................................................................... 61
6 EUROPE AUTOMOTIVE LEAD-ACID BATTERY MARKET, BY TYPE .......................................... 63
6.1 INTRODUCTION ........................................................................................................................................................... 63
6.2 SLI (STARTING, LIGHTING, IGNITION) ................................................................................................................ 64
6.3 AGM (ABSORBENT GLASS MAT) .......................................................................................................................... 65
6.4 GEL BATTERIES .......................................................................................................................................................... 65
6.5 DEEP CYCLE BATTERIES ......................................................................................................................................... 66
7 EUROPE AUTOMOTIVE LEAD-ACID BATTERY MARKET, BY VEHICLE TYPE .......................... 68
7.1 INTRODUCTION ........................................................................................................................................................... 68
7.2 PASSENGER VEHICLES ............................................................................................................................................ 69
7.3 COMMERCIAL VEHICLES ......................................................................................................................................... 70
7.4 ELECTRIC VEHICLES (EVS) ..................................................................................................................................... 71
7.5 TWO-WHEELERS ........................................................................................................................................................ 71
8 EUROPE AUTOMOTIVE LEAD-ACID BATTERY MARKET, BY TECHNOLOGY .......................... 73
8.1 INTRODUCTION ........................................................................................................................................................... 73
8.2 INTERNAL COMBUSTION ENGINE (ICE) ............................................................................................................. 74
8.3 ELECTRIC....................................................................................................................................................................... 75
8.4 HYBRID ........................................................................................................................................................................... 75
9 EUROPE AUTOMOTIVE LEAD-ACID BATTERY MARKET, BY APPLICATION ............................ 77
9.1 INTRODUCTION ........................................................................................................................................................... 77
9.2 START-STOP SYSTEMS ........................................................................................................................................... 78
9.3 HYBRID ELECTRIC VEHICLES ................................................................................................................................ 79
9.4 AUXILIARY POWER ................................................................................................................................................... 79
10 EUROPE AUTOMOTIVE LEAD-ACID BATTERY MARKET, BY DISTRIBUTION CHANNEL ........ 81
10.1 INTRODUCTION ........................................................................................................................................................... 81
10.1.1 OEM (Original Equipment Manufacturer) .......................................................................................................... 82
10.1.2 Aftermarket .................................................................................................................................................... 83
11 EUROPE AUTOMOTIVE LEAD-ACID BATTERY MARKET, BY REGION ..................................... 84
11.1 OVERVIEW .................................................................................................................................................................... 84
11.2 EUROPE .......................................................................................................................................................................... 86
11.2.1 Germany ........................................................................................................................................................ 89
11.2.2 France ........................................................................................................................................................... 92
11.2.3 United Kingdom .............................................................................................................................................. 94
11.2.4 Italy ............................................................................................................................................................... 96
11.2.5 Spain ............................................................................................................................................................. 98
11.2.6 Russia ............................................................................................................................................................ 100
11.2.7 Poland ........................................................................................................................................................... 102
11.2.8 Rest of Europe ................................................................................................................................................ 105
12 COMPETITIVE LANDSCAPE .......................................................................................................... 108
12.1 INTRODUCTION ........................................................................................................................................................... 108
12.2 COMPETITION DASHBOARD ................................................................................................................................... 108
12.2.1 PRODUCT PORTFOLIO .................................................................................................................................... 110
12.2.2 REGIONAL PRESENCE ..................................................................................................................................... 110
12.2.3 STRATEGIC ALLIANCES .................................................................................................................................. 110
12.2.4 INDUSTRY EXPERIENCES ................................................................................................................................ 110
12.3 MARKET SHARE ANALYSIS, 2022 ....................................................................................................................... 110
12.4 WHO ARE THE MAJOR DISRUPTORS & INNOVATORS ................................................................................. 111
12.5 WHAT STRATEGIES ARE BEING ADOPTED BY MARKET LEADERS ........................................................ 111
12.6 KEY DEVELOPMENTS & GROWTH STRATEGIES ............................................................................................ 112
12.6.1 PRODUCT LAUNCH ......................................................................................................................................... 112
12.6.2 merger and acquisition ................................................................................................................................... 112
12.6.3 Expansion ...................................................................................................................................................... 112
13 COMPANY PROFILES .................................................................................................................... 113
13.1 EXIDE TECHNOLOGIES ............................................................................................................................................. 113
13.1.1 COMPANY OVERVIEW ..................................................................................................................................... 113
13.1.2 PRODUCTS OFFERed....................................................................................................................................... 114
13.1.3 KEY DEVELOPMENTS ...................................................................................................................................... 115
13.1.4 SWOT ANALYSIS ............................................................................................................................................ 115
13.1.5 Key Strategy ................................................................................................................................................... 116
13.2 GS YUASA BATTERY EUROPE LTD ...................................................................................................................... 117
13.2.1 COMPANY OVERVIEW ..................................................................................................................................... 117
13.2.2 PRODUCTS OFFERed....................................................................................................................................... 118
13.2.3 KEY DEVELOPMENTS ...................................................................................................................................... 119
13.2.4 SWOT ANALYSIS ............................................................................................................................................ 119
13.2.5 Key Strategy ................................................................................................................................................... 120
13.3 ROBERT BOSCH GMBH .............................................................................................................................................. 121
13.3.1 COMPANY OVERVIEW ..................................................................................................................................... 121
13.3.2 PRODUCTS OFFERed....................................................................................................................................... 122
13.3.3 KEY DEVELOPMENTS ...................................................................................................................................... 122
13.3.4 SWOT ANALYSIS ............................................................................................................................................ 123
13.3.5 Key Strategy ................................................................................................................................................... 123
13.4 BAE BATTERIES LTD ................................................................................................................................................ 124
13.4.1 COMPANY OVERVIEW ..................................................................................................................................... 124
13.4.2 PRODUCTS OFFERed....................................................................................................................................... 125
13.4.3 KEY DEVELOPMENTS ...................................................................................................................................... 125
13.4.4 SWOT ANALYSIS ............................................................................................................................................ 126
13.4.5 Key Strategy ................................................................................................................................................... 126
13.5 OMNITRON GRIESE GMBH ...................................................................................................................................... 127
13.5.1 COMPANY OVERVIEW ..................................................................................................................................... 127
13.5.2 PRODUCTS OFFERed....................................................................................................................................... 128
13.5.3 KEY DEVELOPMENTS ...................................................................................................................................... 128
13.5.4 SWOT ANALYSIS ............................................................................................................................................ 129
13.5.5 Key Strategy ................................................................................................................................................... 129
13.6 ENERSYS ....................................................................................................................................................................... 130
13.6.1 COMPANY OVERVIEW ..................................................................................................................................... 130
13.6.2 FINANCIAL OVERVIEW .................................................................................................................................... 131
13.6.3 PRODUCTS OFFERed....................................................................................................................................... 131
13.6.4 KEY DEVELOPMENTS ...................................................................................................................................... 132
13.6.5 SWOT ANALYSIS ............................................................................................................................................ 132
13.6.6 Key Strategy ................................................................................................................................................... 133
13.7 JOHNSON CONTROLS ................................................................................................................................................ 134
13.7.1 COMPANY OVERVIEW ..................................................................................................................................... 134
13.7.2 FINANCIAL OVERVIEW .................................................................................................................................... 135
13.7.3 PRODUCTS OFFERed....................................................................................................................................... 136
13.7.4 KEY DEVELOPMENTS ...................................................................................................................................... 136
13.7.5 SWOT ANALYSIS ............................................................................................................................................ 137
13.7.6 Key Strategy ................................................................................................................................................... 137
13.8 PANASONIC ENERGY CO., LTD ............................................................................................................................... 138
13.8.1 COMPANY OVERVIEW ..................................................................................................................................... 138
13.8.2 PRODUCTS OFFERed....................................................................................................................................... 139
13.8.3 KEY DEVELOPMENTS ...................................................................................................................................... 139
13.8.4 SWOT ANALYSIS ............................................................................................................................................ 140
13.8.5 Key Strategy ................................................................................................................................................... 140
13.9 LEOCH INTERNATIONAL TECHNOLOGY LIMITED INC. ................................................................................ 141
13.9.1 COMPANY OVERVIEW ..................................................................................................................................... 141
13.9.2 FINANCIAL OVERVIEW .................................................................................................................................... 142
13.9.3 PRODUCTS OFFERed....................................................................................................................................... 143
13.9.4 KEY DEVELOPMENTS ...................................................................................................................................... 143
13.9.5 SWOT ANALYSIS ............................................................................................................................................ 144
13.9.6 Key Strategy ................................................................................................................................................... 144
13.10 HOPPECKE BATTERIEN GMBH & CO. KG ........................................................................................................... 145
13.10.1 COMPANY OVERVIEW ..................................................................................................................................... 145
13.10.2 PRODUCTS OFFERed....................................................................................................................................... 146
13.10.3 KEY DEVELOPMENTS ...................................................................................................................................... 146
13.10.4 SWOT ANALYSIS ............................................................................................................................................ 147
13.10.5 Key Strategy ................................................................................................................................................... 147