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Asia Pacific SLI Battery Market Share

Report ID: GMI6579
Published Date: Aug 2023
Report Format: PDF

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Asia Pacific SLI Battery Market Share

Major manufacturers operating across the Asia Pacific SLI battery market are engaged in backward and forward integration with raw material suppliers and automobile manufacturers to augment their market share. Key players are extensively investing in R&D activities to improve the battery performance and thus offer reliable and efficient technologies. Some of the prominent companies of SLI battery include

Furukawa Battery Co, Ltd.
Hankook AtlasBx Co. Ltd.
Discover Battery
East Penn Manufacturing Co.
ACDelco
Clarios
Crown Battery
FIAMM Energy Technology S.p.A
Leoch International Technology Limited
Exide Industries Ltd.
GS Yuasa Corporation
Banner Batteries
YigitAKU
Enersys
Mutlu Battery
Amara Raja Batteries Ltd.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of SLI battery in APAC was reached USD 12.2 billion in 2023 and is anticipated to surpass USD 15.1 billion by 2032, owing to the increasing sales of automobiles, including passenger cars, and commercial vehicles, surging the need for SLI batteries used in these vehicles' starting and ignition systems.

The flooded batteries segment accounted for more than 69% share of the SLI battery market in 2022 and is expected to generate over USD 9.7 billion by 2032, owing to their versatility across vehicle types, from small scooters to large trucks, contributing to their widespread adoption.

The China SLI battery market is likely to witness more than 2.2% CAGR from 2023 to 2032, attributed to the sheer volume of vehicles which is driving a robust demand for replacement SLI batteries.

Furukawa Battery Co, Ltd., Hankook AtlasBx Co. Ltd., Discover Battery, East Penn Manufacturing Co., ACDelco, Clarios, Crown Battery, FIAMM Energy Technology S.p.A, Leoch International Technology Limited, Exide Industries Ltd., GS Yuasa Corporation, Banner Batteries, YigitAKU, Enersys, Mutlu Battery, Amara Raja Batteries Ltd are some of the prominent companies engaged in the market.