North America Automotive Lead Acid Battery Market Latest Innovations, Top Players Forecast 2028
The North America Automotive Lead Acid Battery Market is expected to grow from US$ 3,669.33 million in 2021 to US$ 4,809.34 million by 2028; it is estimated to grow at a CAGR of 3.9% from 2021 to 2028.
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Evolving Vehicle Technology and the Role of 12-Volt Lead-Acid Batteries
With the rap... moreNorth America Automotive Lead Acid Battery Market Latest Innovations, Top Players Forecast 2028
The North America Automotive Lead Acid Battery Market is expected to grow from US$ 3,669.33 million in 2021 to US$ 4,809.34 million by 2028; it is estimated to grow at a CAGR of 3.9% from 2021 to 2028.
Get Full Report: https://www.businessmarketinsights.com/reports/north-america-automotive-lead-acid-battery-market
Evolving Vehicle Technology and the Role of 12-Volt Lead-Acid Batteries
With the rapid electrification and automation of vehicles, the future of automotive technology is undergoing a major transformation. Companies like Clarios are at the forefront, developing advanced 12-volt lead-acid batteries that play a critical role in this shift. These batteries, particularly those using AGM (Absorbent Glass Mat) technology, offer superior reliability and performance to meet the increasing power demands of modern vehicles. As such, 12-volt lead-acid batteries are becoming essential enablers of North America Automotive Lead Acid Battery Market growth in the evolving automotive landscape.
North America Automotive Lead Acid Battery Market Overview:
North America stands as a key market for lead-acid battery manufacturers, driven by its robust automotive industry. The region is home to many of the world’s leading carmakers, which boosts demand for automotive batteries. In 2020 alone, the U.S. automotive industry delivered approximately 14.5 million light vehicle units—comprising around 3.4 million cars and over 11 million light trucks.
This growth in vehicle sales—particularly passenger and light commercial vehicles—continues to drive battery demand. Additionally, the rising popularity of electric vehicles (EVs) and e-bikes, fueled by higher income levels and improved living standards, is further contributing to lead-acid battery sales. Ongoing R&D in battery performance by automakers is also expected to support market expansion over the forecast period.
Impact of COVID-19
The COVID-19 pandemic significantly affected the North America Automotive Lead Acid Battery Market, especially in the U.S., which reported over 30.5 million cases as of March 2021. Widespread lockdowns led to shutdowns of manufacturing plants and slowed operations in the automotive and semiconductor sectors, negatively impacting battery production and sales. Canada and Mexico, though less affected in terms of case numbers, also experienced reduced industrial activity.
Despite these disruptions, the long-term outlook remains positive. The expected recovery of the automotive sector in 2021, backed by continued promotion of passenger vehicles, suggests a strong rebound in demand for automotive lead-acid batteries.
Strategic Insights: North America Automotive Lead Acid Battery Market
Strategic insights into the North America Automotive Lead Acid Battery Market offer a comprehensive, data-driven view of industry trends, competitive dynamics, and regional developments. These insights empower stakeholders—including manufacturers, investors, and policymakers—to identify growth opportunities, target underserved segments, and develop differentiated value propositions.
By leveraging analytics and anticipating market shifts, industry players can make informed, forward-looking decisions. These strategic insights ultimately help drive profitability and position businesses for long-term success in an evolving and competitive market landscape.
North America Automotive Lead Acid Battery Market Segmentation
North America Automotive Lead Acid Battery Market - By Product
SLI
Micro Hybrid Batteries
North America Automotive Lead Acid Battery Market - By Type
Flooded
Enhanced Flooded
VRLA
North America Automotive Lead Acid Battery Market - By End User
Passenger Cars
LCV
M&HCV
North America Automotive Lead Acid Battery Market - By Country
US
Canada
Mexico
North America Automotive Lead Acid Battery Market - Company Profiles
Clarios
CSB Energy Technology Co., Ltd.
East Penn Manufacturing Company
EnerSys
Exide Industries Limited
GS Yuasa International Ltd.
Johnson Controls, Inc.
leoch International Technology Limited Inc
Panasonic Corporation
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About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights