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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 (2018-2028); 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 2023-2028. 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 2023-2028.
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 | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Opportunities and Challenges in the Market
8 Global SLI Battery Market Analysis
8.1 Key Industry Highlights
8.2 Global SLI Battery Historical Market (2018-2022)
8.3 Global SLI Battery Market Forecast (2023-2028)
8.4 Global SLI Battery Market by Type
8.4.1 Flooded
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Enhanced Flooded Battery (EFB)
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Valve-Regulated Lead-Acid (VRLA)
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
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 (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Aftermarket
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
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 (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 UPS
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Telecom
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global SLI Battery Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America SLI Battery Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe SLI Battery Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific SLI Battery Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America SLI Battery Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa SLI Battery Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Johnson Controls, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 East Penn Manufacturing Co., Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Leoch International Technology Limited Inc
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 GS Yuasa Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Crown Battery Manufacturing Company
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Exide Technologies
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global SLI Battery Market: Key Industry Highlights, 2018 and 2028
2. Global SLI Battery Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global SLI Battery Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global SLI Battery Historical Market: Breakup by Sales Channel (USD Million), 2018-2022
5. Global SLI Battery Market Forecast: Breakup by Sales Channel (USD Million), 2023-2028
6. Global SLI Battery Historical Market: Breakup by End Use (USD Million), 2018-2022
7. Global SLI Battery Market Forecast: Breakup by End Use (USD Million), 2023-2028
8. Global SLI Battery Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global SLI Battery Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America SLI Battery Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America SLI Battery Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe SLI Battery Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe SLI Battery Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific SLI Battery Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific SLI Battery Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America SLI Battery Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America SLI Battery Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa SLI Battery Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa SLI Battery Market Forecast: Breakup by Country (USD Million), 2023-2028
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 2023 and 2028.
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 2023-2028, 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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