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Market Size

Report ID: GMI5816
Published Date: Dec 2024
Report Format: PDF

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SLI Battery Aftermarket Size

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.

SLI Battery Aftermarket

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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.

SLI Battery Aftermarket Report Attributes
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:	Burgeoning expansion in the automotive industry Rising investment toward R&D projects across automotive sector Ongoing advancements across battery technologies
Pitfalls & Challenges:	Stringent government regulations

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Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The global aftermarket was valued at USD 31.2 billion in 2024 and is expected to reach USD 38.8 billion by 2034, driven by a CAGR of 2.1% from 2025 to 2034.

The flooded technology segment is expected to grow at a CAGR exceeding 1% through 2034, driven by advancements in lead-acid and lithium-ion battery technologies.

The U.S. market is projected to exceed USD 8.4 billion by 2034, driven by a growing vehicle fleet and increasing demand for replacement batteries.

Major players in the industry include ACDelco, Accumulators Moura, Amara Raja Group, Banner Batteries, Clarios, Continental Battery Systems, Crown Battery, EnerSysH, Erdil Battery, Exide Technologies, FIAMM Energy Technology, GS Yuasa International, Hankook & Company, and Interstate Batteries.