SLI Battery Market Size - By Technology {Flooded, EFB, VRLA (AGM, GEL)}, By Sales Channel (OEM, Aftermarket), Regional Outlook & Forecast, 2024 - 2032
Report ID: GMI3389
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Published Date: June 2024
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Report Format: PDF
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Base Year: 2023
Companies covered: 24
Tables & Figures: 20
Countries covered: 20
Pages: 110
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SLI Battery Market Size
The global SLI battery market size was valued at USD 44 6 billion in 2024 and is estimated to grow at a CAGR of 2.2% from 2025 to 2034. The market is benefiting greatly from the expansion of the automotive sector, which encompasses the production of both commercial and passenger automobiles.
To meet the demands of current automobiles having a higher energy density, new developments like EFBs and AGM batteries have come to aid flooded batteries. Nonetheless, the market is constrained by the growing number of policies on environmental protection that seek to limit the use of lead, leading to a transition to more environmentally friendly materials and packaging. Further, the increasing vehicle maintenance and replacement trend leading to a rise in aftermarket sales also acts as an important driver of the market.
SLI Battery Market Trends
The market for SLI batteries (Starting, Lighting, and Ignition) will further diversify given the ongoing evolution of automotive technology and customer requirements. The widespread use of start-stop systems in vehicles increases demand for high-performance lead-acid batteries. These include enhanced flooded batteries (EFBs) and absorbent glass mat (AGM) batteries, which are superior to the conventional options in both effectiveness and durability.
Ongoing advancements in automobiles and battery technologies have created a positive scenario for SLI battery market growth. Furthermore, the technological advancements have improved the optimization and monitoring of the battery technologies, which further drive the industry growth. In the present automotive world, where connectivity and telematics have become the norm, there is a need for batteries that provide high energy density and power continuity. Currently, there is strong collaboration between battery manufacturers and automotive producers in the design and manufacture of SLI batteries tailored to the parameters of modern vehicles. This development is shaping the batteries to handle better charge acceptance and extended cycle charging.
SLI Battery Market Analysis
The market for flooded SLI batteries is expected to cross to over USD 37 billion by 2034. Flooded batteries are commonly used in standard cars and are inexpensive and, as a result, are competing in the market among the cost-sensitive regions. Currently being spurred by a rapid proliferation of start-stop systems, enhanced flooded battery (EFB) requires more advanced charge acceptance and longer cycle life for its powered batteries. The start-stop systems and electric vehicles have also increased demand for enhanced flooded batteries due to their offer of better charge acceptance and cycle life. Vehicles fitted with start-stop systems consume 4-10% less fuel than conventional ones in urban conditions, according to the U.S. Environmental Protection Agency, thus fueling increased demand for enhanced flooded batteries.
Furthermore, EFB brings an acceptable compromise between cost and cutting-edge technology, thus making them popular for use in mid-range cars. VRLA batteries, including the AGM batteries are gaining substantial popularity across the globe in the high end automobile sector. These batteries offer very low maintenance, high vibration resistance and higher energy density levels, which in turn complement their adoption. As these tendencies show, the manufacturing of new vehicles is done with increasing attention to strength, efficiency, and ecological compatibility, which leads to constant advancements within technology.
In the SLI battery market, the aftermarket segment is expected to grow at an impressive growth rate of over 2% from 2025 to 2034. The aftermarket division is promising because of the increase in the number of vehicles and the rising need for replacement batteries. As the vehicles become older, and the demand for efficient and effective replacements gives rise to sales in the aftermarket.
Notably, battery manufacturers and carmakers have formed strong alliances stimulating OEM sales that guarantee a constant supply of new vehicles. Flooded and AGM batteries, along with other battery technologies, are becoming more readily available across OEM and aftermarket as the need for automobiles grow. For instance, GS Yuasa announced that in April 2024 it will introduce the upgraded ECO.R HV auxiliary VRLA batteries for Toyota hybrids. These types of batteries have improved performance characteristics and they do not require rehydration. In addition, the batteries target the improvement of the efficiency and reliability of a hybrid vehicle by being designed for trunk or rear-seat installation.
On the other hand, the distribution of after-sales is changing because of e-commerce platforms since it gives customers easy and better access to a range of battery products. Manufacturers can use this integrated approach to fulfill different types of customers and increase market coverage.
SLI Battery Market Share
Clarios has a considerable presence in the SLI battery industry owing to its wide range of products, superior manufacturing capabilities, as well as strong international distribution channels. The company takes advantage of its strong relationship with automotive OEMs and aftermarket distributors, which guarantees constant sales of its batteries. Moreover, Clarios also allocates a lot of resources to R&D in order to increase the efficiency, lifespan, and ecology of its batteries, which places them at the forefront in meeting both their customers’ and regulators’ requirements all over the globe.
SLI Battery Market Companies
Major players operating in the SLI battery industry are:
SLI Battery Industry News
This SLI battery market research report includes in-depth coverage of the industry with estimates & forecast in terms of “USD Million & ‘Million Units” from 2021 to 2034, for the following segments:
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Market, By Technology
Market, By Sales Channel
The above information has been provided for the following regions and countries: