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Global SLI Battery Market: By Type: Flooded, Enhanced Flooded Battery (EFB), Valve-Regulated Lead-Acid (VRLA); By Sales Channel: OEM, Aftermarket; By End Use: Automotive, UPS, Telecom, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global SLI Battery Market
The SLI battery industry is expected to grow at a CAGR of 3% in the forecast period of 2022-2027. The industry is projected to grow due to a growing demand for vehicles.
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Asia Pacific holds a Significant Share in the Global SLI Battery market
Asia Pacific accounted for a significant portion of the global SLI battery market, owing to the overall high population of consumers, especially in China, India, and Indonesia. This is further complemented by the fact that many users in these regions use their vehicles far over their warranty period which requires changing the battery multiple times meaning that the overall national fleet age in developing countries like Brazil, China, and India is high. The growth in North America is also boosting the global market, but the growth is relatively sluggish. The industry is likely to witness growth in the forecast period of 2022-2027.
SLI Battery: Industry, Definition and Segmentation
SLI Battery (starting, lighting, and ignition) is a form of rechargeable battery which has a lead-acid combination. It is generally considered to be a high power-expending battery with a life of between 3-6 years. The usual configuration in this type of batteries is with 6 cells stacked together in an electrolytic fluid containing sulphuric acid, to give a voltage output of 12V.
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The industry can be segmented on the basis of type:
- Flooded
- Enhanced Flooded Battery (EFB)
- Valve-Regulated Lead-Acid (VRLA)
The SLI battery market can be divided on the basis of sales channels:
- OEM
- Aftermarket
It may be segmented on the basis of end-use:
- Automotive
- UPS
- Telecom
- Others
The market can be segmented region-wise into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
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Improved Technologies and Recycling Capabilities to Continue Boosting the SLI Batteries Market
With the advent of new technologies in the market like start-stop and regenerative breaking processes, SLI batteries have been improved. The low cost and easy availability of lead is a positive factor for SLI batteries to have a high popularity, despite the fact that led is a major pollutant. Improved recycling capabilities have also helped this industry to grow rapidly. Other driving factors for the high demand for SLI batteries include an increased number of distribution channels and a general rise in the incomes and need for personal mobility. Since more durable cars are brought into the market, the need to replace batteries would also be high over the years.
A spike in the demand is expected in the Asia Pacific sector as a result of shifting industries to these regions and a general rise in the demand for personal vehicles, despite a slight slump due to the Covid pandemic. This may also be observed due to the lower cost of steel production and processing as well as the easy availability of skilled labour. The same factors may apply to other regions with a robust industrial complex, like Europe and North America.
Key Industry Players in the Global SLI Battery Market
The report gives a detailed analysis of the following key players in the global SLI battery industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Johnson Controls, Inc.
- East Penn Manufacturing Co., Inc.
- Leoch International Technology Limited Inc.
- GS Yuasa Corporation
- Crown Battery Manufacturing Company
- Exide Technologies
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Sales Channel, End Use, Region |
| Breakup by Type | Flooded, Enhanced Flooded Battery (EFB), Valve-Regulated Lead-Acid (VRLA) |
| Breakup by Sales Channel | OEM, Aftermarket |
| Breakup by End Use | Automotive, UPS, Telecom, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Johnson Controls, Inc., East Penn Manufacturing Co., Inc., Leoch International Technology Limited Inc, GS Yuasa Corporation, Crown Battery Manufacturing Company, Exide Technologies, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global SLI Battery Market Analysis
8.1 Key Industry Highlights
8.2 Global SLI Battery Historical Market (2017-2021)
8.3 Global SLI Battery Market Forecast (2022-2027)
8.4 Global SLI Battery Market by Type
8.4.1 Flooded
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Enhanced Flooded Battery (EFB)
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Valve-Regulated Lead-Acid (VRLA)
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.5 Global SLI Battery Market by Sales Channel
8.5.1 OEM
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Aftermarket
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.6 Global SLI Battery Market by End Use
8.6.1 Automotive
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 UPS
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Telecom
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Others
8.7 Global SLI Battery Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Johnson Controls, Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 East Penn Manufacturing Co., Inc.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Leoch International Technology Limited Inc
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 GS Yuasa Corporation
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Crown Battery Manufacturing Company
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Exide Technologies
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global SLI Battery Market: Key Industry Highlights, 2016 and 2026
2. Global SLI Battery Historical Market: Breakup by Type (USD Million), 2017-2021
3. Global SLI Battery Market Forecast: Breakup by Type (USD Million), 2022-2027
4. Global SLI Battery Historical Market: Breakup by Sales Channel (USD Million), 2017-2021
5. Global SLI Battery Market Forecast: Breakup by Sales Channel (USD Million), 2022-2027
6. Global SLI Battery Historical Market: Breakup by End Use (USD Million), 2017-2021
7. Global SLI Battery Market Forecast: Breakup by End Use (USD Million), 2022-2027
8. Global SLI Battery Historical Market: Breakup by Region (USD Million), 2017-2021
9. Global SLI Battery Market Forecast: Breakup by Region (USD Million), 2022-2027
10. North America SLI Battery Historical Market: Breakup by Country (USD Million), 2017-2021
11. North America SLI Battery Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Europe SLI Battery Historical Market: Breakup by Country (USD Million), 2017-2021
13. Europe SLI Battery Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Asia Pacific SLI Battery Historical Market: Breakup by Country (USD Million), 2017-2021
15. Asia Pacific SLI Battery Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Latin America SLI Battery Historical Market: Breakup by Country (USD Million), 2017-2021
17. Latin America SLI Battery Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Middle East and Africa SLI Battery Historical Market: Breakup by Country (USD Million), 2017-2021
19. Middle East and Africa SLI Battery Market Forecast: Breakup by Country (USD Million), 2022-2027
20. Global SLI Battery Market Structure
Key Questions Answered in the Report
The global SLI battery market is projected to grow at a CAGR of 3% between 2022 and 2027.
The major drivers of the market include the improved recycling capabilities, increased number of distribution channels, a general rise in incomes, need for personal mobility, shifting industries, and easy availability of skilled labour.
The growing demand for vehicles and the advent of new technologies are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The SLI battery market can be broadly categorised based on type into flooded, enhanced flooded battery (EFB), and valve-regulated lead-acid (VRLA).
The SLI battery market can be divided on the basis of sales channels into OEM and aftermarket.
The end-uses are automotive, UPS, and telecom, among others.
The major players in the industry are Johnson Controls, Inc., East Penn Manufacturing Co., Inc., Leoch International Technology Limited Inc., GS Yuasa Corporation, Crown Battery Manufacturing Company, and Exide Technologies, among others.
Analyst Review
The global SLI battery market was driven by the growing demand for vehicles in the historical period. Aided by the improved recycling capabilities and the advent of new technologies, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 3%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The SLI battery market can be broadly categorised based on type into flooded, enhanced flooded battery (EFB), and valve-regulated lead-acid (VRLA). The SLI battery market can be divided on the basis of sales channels into OEM and aftermarket. The end-uses are automotive, UPS, and telecom, among others. The major regional markets for SLI battery are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The major players in the industry are Johnson Controls, Inc., East Penn Manufacturing Co., Inc., Leoch International Technology Limited Inc., GS Yuasa Corporation, Crown Battery Manufacturing Company, and Exide Technologies, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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