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America SLI Battery Market Growth Analysis and Trends Forecast to 2025

Author : Rahul Sankrityayan | Published Date : 2019-05-14 

Global Market Insights, Inc. has recently added a new report on America SLI Battery Market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry.

America SLI Battery Market will surpass USD 16 billion by 2025, as reported in the latest study by Global Market Insights, Inc.

Increasing economic stability and growth across developing economies coupled with prominent expansion across the automotive industries will stimulate America SLI battery market growth. Lead-Acid Batteries (LAB), on account of their easier availability and competitive price index are the preferred chemistry. In addition, growing investments toward expansion of automobile manufacturing facilities will boost the demand for LABs.3

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EFB SLI battery market is set to witness growth of over 5% by 2025. Large number of charging cycles along with improved charge acceptance are some of the eminent features that favor the deployment of these batteries over the conventional flooded lead-acid batteries. The growing demand for automobile power supply to cater the needs of high-performance driving profiles will increase product adoption.

The U.S. SLI battery market is anticipated to expand over 1% by 2025. Growing demand for heavy automobiles and trucks coupled with prominent light vehicle inventory levels will help to achieve a sustainable demand for lead-acid batteries. Increasing investments toward automotive manufacturing along with renewed focus on R&D on account of adopting cleaner technologies will stimulate business growth. In addition, robust battery recycling ecosystem will further augment industry outlook. 

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Favorable government policies coupled with highly competitive business environment will augment the automobile industry outlook. Increasing focus on research and development aimed toward adoption of technologies to power new start-stop and hybrid systems will further drive the America SLI battery market growth.

Mexico SLI battery market in 2018, was valued over USD 500 million. Low wages and automotive assembly compensation are some of the key underlying factors which will boost the industry growth. In addition, aggressive development incentives has created a positive business environment for automobile manufacturers which in turn boost the industry growth. Robust battery recycling ecosystem along with strong distribution channels will further increase product penetration over the forecast timeframe.

 America SLI battery market participants include Exide Technologies, Johnson Controls, East Penn, Crown Battery, Enersys, Leoch International, Crown Battery, Trojan Battery Company, Power Sonic Corporation, Acumuladores Moura, NorthStar Battery, Discover Battery, ACDelco, Grupo Gonher, XS Power Battery, Continental Battery, GS Yuasa, U.S. Battery and others.

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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