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America SLI Battery Market Trends

  • Report ID: GMI3260
  • Published Date: May 2023
  • Report Format: PDF

America SLI Battery Market Trends

SLI batteries find extensive use in diverse automobile applications, spanning passenger cars, motorcycles, as well as light and heavy commercial vehicles. The advancements in high-end automobile manufacturing have contributed to the increased longevity of vehicles, thereby bolstering the demand for SLI batteries. Moreover, the rising purchasing power of consumers, coupled with the realignment of automobile manufacturing facilities, is expected to further drive the America SLI battery market growth.
 

Valve Regulated Lead Acid (VRLA) batteries have emerged as a popular choice for SLI applications in both commercial and passenger vehicles. They offer numerous advantages over flooded batteries, which has led to their increasing adoption in the automotive industry across North and Latin America. VRLA batteries are maintenance-free and cost-effective as they eliminate the need for periodic water refilling. Additionally, they provide a longer battery life, a wider capacity range, a higher number of discharge cycles, and spill-free operation.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size for SLI battery in America was around USD 11.9 billion in 2023 and is estimated to reach over USD 14.6 billion by 2032, Says GMI report.

Flooded batteries had a major market share of over 77% in 2022 and will witness over 1.5% CAGR from 2023 to 2032, as manufacturers are investing in R&D to improve the performance, durability, and reliability of flooded batteries.

The U.S. SLI battery market size was more than USD 8.3 billion in 2022, due to the escalating need for automobiles, coupled with a rapidly expanding vehicle manufacturing industry.

Clarios, East Penn Manufacturing Company, Enersys, Crown Battery, Dyno Battery Inc., Fabrica Nacional de Acumuladores (ETNA) S.A., ACDelco, Hankook & Company Co., Ltd., leoch International Technology Limited Inc., and Exide Technologies.

America SLI Battery Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 280
  • Countries covered: 14
  • Pages: 230
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