Home > Energy & Power > Battery Technology > SLI Battery > SLI Battery Aftermarket
The global SLI battery aftermarket was valued at USD 31.2 billion in 2024 and is estimated to grow at a CAGR 2.1% from 2025 to 2034. The market is influenced by increasing demand for replacement batteries due to the growing vehicle fleet and aging battery infrastructure. Technological advancements in battery design and materials, including enhanced lead-acid and lithium-based solutions, are influencing the market.
Additionally, the rise in electric vehicle (EV) adoption is creating a shift toward specialized charging and battery systems. Furthermore, environmental concerns are pushing for eco-friendly, recyclable battery options. Competitive pricing, brand loyalty, and efficient logistics also significantly impact market dynamics, as consumers seek cost-effective, reliable solutions for vehicle maintenance.
Report Attribute | Details |
---|---|
Base Year: | 2024 |
SLI Battery Aftermarket Size in 2024: | USD 31.2 Billion |
Forecast Period: | 2025 – 2034 |
2025 – 2034 Value Projection: | USD 38.8 Billion |
Historical Data for: | 2021 – 2024 |
No. of Pages: | 100 |
Tables, Charts & Figures: | 20 |
Segments covered: | Technology |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
The global aftermarket is experiencing notable trends, with one major shift being the growing demand for high-performance batteries that offer longer lifespan and quicker charging, fueled by advancements in battery technology. The shift towards eco-friendly products is encouraging the development of sustainable and recyclable batteries. For instance, in July 2024, Exide Industries launched an advanced Absorbent Glass Mat battery for automotive applications, designed for enhanced durability and starting power which supports modern energy-saving vehicle features.
Additionally, the rise in electric vehicles (EVs) is influencing the market, as hybrid and electric vehicle owners seek specialized batteries and charging solutions. Moreover, there is a rise in demand for aftermarket services, including battery recycling and maintenance, as consumers focus on maximizing battery lifespan and improving overall vehicle efficiency.
The SLI battery aftermarket in the Europe region is projected to surpass USD 12 billion by 2034, driven by the expanding automotive sector and rising vehicle ownership. It is focusing on eco-friendly and sustainable battery solutions, driven by environmental regulations and consumer preferences for recyclable products. North America is experiencing strong growth due to large vehicle fleets and rising demand for replacement batteries, especially considering aging car populations. The Asia-Pacific region is witnessing an uptick in electric vehicle adoption, influencing the demand for specialized batteries. In Latin America and the Middle East, the market is expanding with a focus on affordable and reliable batteries due to cost sensitivity and growing automotive industries.
The flooded technology market is projected to experience a robust growth, with a CAGR exceeding 1% through 2034. Advancements in battery technology, particularly in lead-acid and lithium-ion batteries, are driving demand for longer-lasting, more efficient products. Additionally, the integration of smart technologies is gaining traction, with batteries now equipped with sensors that monitor charge levels and health status, providing users with real-time data. Furthermore, the rise in electric vehicle adoption is pushing for more specialized, high-performance SLI batteries, further transforming the technology landscape.
The U.S. SLI battery aftermarket is projected to exceed USD 8.4 billion by 2034, driven by growing vehicle fleet, increasing demand for replacement batteries, and advancements in battery technology. The shift toward eco-friendly and sustainable products is also gaining momentum, with a focus on recyclable and maintenance-free batteries. Additionally, rising adoption of electric vehicles (EVs) is driving demand for specialized batteries and related services, creating new opportunities in the aftermarket. In November 2024, Exide Technologies expanded its AGM battery range with the EK454 and EK457 models, designed for start-stop and hybrid vehicles. These batteries improve energy efficiency and are built to meet modern vehicle power demands, offering enhanced charge acceptance and durability. These trends reflect a growing emphasis on efficiency, sustainability, and convenience in the U.S. industry.
Exide Technologies holds a significant market share in the SLI (Starting, Lighting, and Ignition) battery aftermarket due to its extensive global distribution network, strong brand recognition, and diverse product range. The company’s long-standing presence, reputation for high-quality batteries, and innovation in meeting automotive demands have positioned it as a leader in the aftermarket sector.
Major players operating in the industry are:
SLI battery aftermarket research report includes in-depth coverage of the industry with estimates & forecast in terms of “USD Million and Million Units” from 2021 to 2034, for the following segments:
Click here to Buy Section of this Report
Market, By Technology
The above information has been provided for the following regions and countries: