Europe Automotive Start-Stop Battery Market By Battery (AGM, EFB), By Vehicle (Conventional, HEV), By End Use (Passenger Vehicles, Light Commercial Vehicles)Industry Analysis Report, Country Outlook, Application Potential, Competitive Market Share & Forecast, 2019 - 2025
Published Date: Sep 2019 | Report ID: GMI4330 | Authors: Ankit Gupta, Deepankar Dimri
Europe Automotive Start-Stop Battery Market size was valued over USD 2 billion in 2018 and is anticipated to witness growth over 4% by 2025.
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Implementation of stringent environmental mandates pertaining to automobile emissions along with growing demand for energy efficient vehicles will drive the start-stop battery market growth. Ongoing initiatives aimed toward decarbonization of the European economy coupled with changing consumer preferences toward the adoption of low polluting vehicles will stimulate the product demand over the forecast timeline.
Increasing demand for automobiles on account of strong inclination toward personal mobility coupled with rising adoption of advanced vehicle technologies will positively influence the business growth. Growing deployment of start-stop vehicle technology integrated with regenerative braking systems on account of optimizing fuel consumption will further enhance the industry outlook. High availability of lead and low costs are some the significant factors favoring the deployment of lead-based start-stop batteries across multiple vehicle segments.
|Base Year:||2018||Market Size in 2018:||2 Billion (USD)|
|Historical Data for:||2014 to 2018||Forecast Period:||2019 to 2025|
|Forecast Period 2019 to 2025 CAGR:||4%||2025 Value Projection:||3 Billion (USD)|
|Pages:||240||Tables, Charts & Figures:||364|
|Geographies covered (19):||Germany, UK, France, Italy, Russia, Spain, Belgium, Netherlands, Poland, Turkey, Ukraine, Sweden, Austria, Switzerland, Czech Republic, Denmark, Romania, Portugal, Hungary|
|Segments covered:||Battery, Vehicle, End Use and Region|
|Companies covered (21):||Clarios, East Penn Manufacturing Co., Inc., Exide Technologies, Enersys, Leoch International Technology Limited, Crown Battery Manufacturing Company, Trojan Battery Company, GS Yuasa Corporation, NorthStar Battery Company LLC, Braille Battery, Inc., U.S. Battery Manufacturing Co., Discover Battery, Superior Battery Manufacturing Company, XS Power Battery, ACDelco, Akkumulatorenfabrik MOLL GmbH + Co. KG, Banner Batteries, FIAMM Energy Technology S.p.A, Erdil battery, YigitAKU, Mutlu Battery|
|Pitfalls & Challenges:||
Europe Automotive Start-Stop Battery Market, By Battery
Absorbent Glass Mat (AGM) battery market will witness robust growth on account of their ability to deliver high cranking performance. Longer service life and reliable operations in extreme weather conditions are some of the prominent factors that will fuel the product deployment Increasing demand for premium range passenger vehicles and sport utility vehicles (SUVs) will further enhance product penetration across the European automobile industry.
Europe Automotive Start-Stop Battery Market, By Vehicle
Conventional Vehicle market is set to grow over 3% on account of rising emission levels due of prolonged vehicle idling. Surging demand for high performance batteries to ensure effective operation suitable for urban driving profiles will stimulate product adoption. In addition, implementation of new environmental standards to limit emission levels from vehicles will further augment the industry outlook. For instance, in December 2018, the European Union introduced CO2 standards limiting the emissions to 81g/km by 2025 from automobiles across the region.
Hybrid electric vehicles (HEVs) market is anticipated to grow on account of growing adoption of clean energy vehicles. Shifting trends toward the hybridization of automobile powertrain coupled with increasing R&D activities to lower the cost of advanced vehicle technologies will further propel the business growth. In addition, increasing tax benefits, subsidies and infrastructure incentives will fuel the adoption of HEVs which in turn will boost the installation of start-stop batteries.
Europe Automotive Start-Stop Battery Market, By End Use
Passenger vehicle battery industry will grow on account of increasing registration of passenger vehicles coupled with favorable government policies toward automobile manufacturing. Steady production of PVs along with increasing penetration of start-stop systems across multiple vehicle segments will further proliferate the business landscape.
Harsh urban driving conditions along with growing implementation of micro hybrid systems will enhance the light commercial vehicle market growth. In addition, reduced noise levels along with high fuel savings are some of the prominent factors favoring the deployment of start-stop systems across LCVs which will boost the demand for start-stop batteries over the forecast timeline.
Europe Automotive Start-Stop Battery Market, By Country
The UK automotive start-stop battery market size, in 2018, was valued over USD 300 million and is set to witness robust growth by 2025. Increasing initiatives to curb pollution levels across urban areas along with growing R&D initiatives aimed toward reducing the wear of the engine on account of multiple engine re-starts will augment the industry outlook. In addition, adoption of low friction lubrication oils to prolong engine life will further boost the installation of start-stop systems across automobiles.
Germany market will grow on account of increasing efforts toward the adoption of cutting-edge automobile technologies along with the presence of a robust automobile manufacturing infrastructure. Availability of skilled labor, robust R&D landscape and increasing investments toward the development of automobile manufacturing facilities has created favorable business conditions. Furthermore, increasing car ownership rates will propel the demand for these units.
Competitive Market Share
Key participants across the Europe automotive start-stop battery market include Clarios, Exide Technologies, Enersys, East Penn, Crown Battery, Leoch International, GS Yuasa, Trojan Battery, Braille Battery, NorthStar, Discover Battery, U.S. Battery Manufacturing Co., XS Power, Banner Battery, Erdil Battery, FIAMM Energy, Mutlu
Business expansions, mergers & acquisitions, and new technological innovations are few prominent initiatives undertaken by eminent market players. Moreover, the industry players operating across the automobile industry are involved in focused research & development activities to sustain a competitive edge over other industry players.
Europe Automotive Start-Stop Battery Industry Background
Start-Stop battery is a lead-based battery unit that is deployed to support the start-stop technology that multiple OEM’s are now adding to the automobiles. The start-stop technology allows the vehicle to be turned off when the vehicles are idling or at rest and restart the engine whenever the accelerator is pressed. Multiple engine restart requires high performance batteries that ensure reliable re-start operation and a robust energy supply to power the vehicles.
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