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America SLI Battery Market Trends

Report ID: GMI3260
Published Date: Jul 2024
Report Format: PDF

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America SLI Battery Market Trends

The America SLI (Starting, Lighting, and Ignition) battery industry has been experiencing notable trends driven by advancements in automotive technology and increasing vehicle electrification. Key trends include a growing demand for enhanced battery performance to meet stricter emissions regulations and the rising adoption of start-stop systems in vehicles for improved fuel efficiency.

Additionally, there is a shift towards AGM (Absorbent Glass Mat) and EFB (Enhanced Flooded Battery) technologies, which offer better cycling capabilities and durability compared to traditional flooded batteries. These trends are shaping a competitive landscape where manufacturers are focusing on innovation to cater to both conventional internal combustion engine vehicles and hybrid electric vehicles, driving further growth and development in the SLI battery sector across America.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size for SLI battery in Americas reached USD 11.9 billion in 2023 and will witness 2% CAGR between 2024 and 2032, attributed to increasing automotive production and sales, coupled with rising demand for fuel-efficient vehicles.

Americas SLI battery industry from the flooded batteries segment will witness 1% CAGR through 2032, driven by its cost-effectiveness and widespread application in conventional vehicles.

U.S. market will exceed USD 10 billion by 2032, owing to the country's stringent emission standards, robust automotive production and significant vehicle fleet size.

Accumulators Moura SA, Continental Battery Systems, Crown Battery, Dyno Battery Inc., East Penn Manufacturing Company, Enersys, Exide Technologies, FIAMM Energy Technology S.p.A., GS Yuasa International Ltd., Hankook & Company Co., Ltd., and Interstate Batteries, among others.