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Start Stop Battery Market Size, Share Global Analysis Report, 2020–2026

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Start Stop Battery Market By Technology (Lead-acid Battery, Lithium Battery, and Others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecast 2020–2026

Industry Insights

According to the report published by Facts & Factors, the global start-stop battery market size was worth around USD 3700 million in 2019 and is predicted to grow around USD 14000 million by 2026 with a compound annual growth rate (CAGR) of roughly 22% between 2020 and 2026. The report analyzes the global Start-Stop Battery market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Start-Stop Battery market.

The start-stop battery market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire start-stop battery market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Units) and value (USD Million) from FY 2016 – 2026.

Start Stop Battery Market

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This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the start-stop battery industry. The report analyzes and declares the historical and current trends analysis of the start-stop battery industry and subsequently recommends the projected trends anticipated to be observed in the start-stop battery market during the upcoming years.

logoKey Insights from Primary Research

  • As per our primary respondents, the start-stop battery market is set to grow annually at a rate of around 22%
  • After conducting extensive interviews with C-level executives operating in the automotive industry, we analyzed that the global market tends to incline towards electronic vehicles by the end of 2026.
  • Based on the region, Asia Pacific held the largest share of the global market and according to our primary respondents, this region is expected to bolster even more in the upcoming years.
  • After a few sessions of interviews with some researchers working in the R&D department of the automotive industry, we analyzed that the automotive industry is continuously researching batteries and in the future, there will be more battery options in the market.
  • On the basis of end-user segmentation, the lead-acid battery held the leading share at more than 67%, in 2019.

logoKey Recommendations from Analysts

  • As per our analyst, the North American market accounted for 23.42% of the total value of the global Start-Stop Battery market in 2019, and the industries in these regions are expected to focus more on R&D.
  • Based on the analysis done by our team, the global Start-Stop Battery market is expected to reach USD 14,579.8 Million by 2025.
  • Based on the exhaustive secondary research done by our team, the lead-acid battery is anticipated to become the most demanding deployment mode in the upcoming years, majorly due to its cheaper raw material.
  • On the basis of technology types, Lead-Acid Batteries dominated the global Start-Stop Battery market in 2018. It accounted for a 67.52% share of the total market in 2019.
  • The Asia Pacific is expected to be the fastest-growing market for Start-Stop batteries in the years to come. Due to the presence of big automotive companies present in this region, especially in China, Japan, and India. Moreover, the inclination of this region towards electronic vehicles is also playing a key role in the growth of this region.
  • The significant CAGR of nearly 22% observed by the global start-stop battery market is set to bring lucrative opportunities for the new players planning to enter the market. Some of the key opportunities include decreasing product costs, rising profit margins, and availability of cheaper raw materials.

logoMarket Attractiveness – By technology type

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the start-stop battery industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the start-stop battery industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the start-stop battery market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the start-stop battery industry. The start-stop battery market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the start-stop battery sector. Key strategic developments in the start-stop battery market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the start-stop battery market are appropriately highlighted in the report.

Start-stop batteries are an emerging battery market for vehicles. Start-stop systems turn off and restart automatically to reduce idling times, resulting in lower fuel consumption and reduced emissions. This is extremely useful for a vehicle that spends a considerable amount of time standing at traffic lights or regularly stopping at traffic jams. Additionally, stringent auto emission regulations are key factors driving the market growth. In 2016, the transportation sector accounted for more than a quarter of US GHG emissions.

Thus, in countries such as the United States, the National Highway Safety Administration, and the Environment Protection Agency have jointly developed standards to encompass GHG emissions and to improvise the fuel efficiency of passenger cars and trucks with the aim of saving fuel, reducing oil imports, and a cleaner environment. The growth of the automotive sector is driving the market for start-stop batteries. Increasing the implementation of advanced vehicle technologies, along with increasing demand for cars, due to a positive inclination towards personal mobility, will further boost the demand for the product. Increasing the integration of start-stop technology and regen braking systems across automobiles to improve fuel consumption will have a positive impact on the business landscape.

In addition, the increasing popularity of premium automobiles, together with the increasing installation of additional electrical and electronic equipment in vehicles, will favor the adoption of these units.

logoReport Scope

Report Attribute

Details

Market Size in 2019

USD 3,700 Million

Projected Market Size in 2026

USD 14,000 Million

CAGR Growth Rate

22% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

HankookAtlasBX Co. Ltd, Exide Technologies, A123 Systems LLC, GS Yuasa International Ltd, East Penn Manufacturing Company, Leoch International Technology Limited Inc, Johnson Controls, Panasonic Corporation, Saft Groupe SA, Duracell Inc, Tianneng Power International Ltd., and others.

Key Segment

By Type, Regional, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa

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logoRegional Overview:

The start-stop battery market research report delivers an acute valuation and taxonomy of the start-stop battery industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

The regional segmentation of the start-stop battery industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the start-stop battery industry is provided for the leading economies of the world.

The start-stop battery market is segmented based on technology.  On the basis of technology segmentation, the market is classified as lead-acid batteries, lithium batteries, and others.

logoSome of the essential players operating in the start-stop battery market, but not restricted include

  • A123 Systems LLC
  • Hankook AtlasBX Co. Ltd
  • East Penn Manufacturing Company
  • Exide Technologies
  • GS Yuasa International Ltd
  • Johnson Controls
  • Leoch International Technology Limited Inc
  • Panasonic Corporation
  • Duracell Inc
  • Saft Groupe SA
  • Tianneng Power International Ltd.

The taxonomy of the start-stop battery market by its scope and segmentation is as follows:

logoGlobal Start-Stop Battery Market: By Type Segmentation Analysis

  • Lead-acid Battery
  • Lithium Battery
  • Others

logoGlobal Start-Stop Battery Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

Industry Major Market Players

  • A123 Systems LLC
  •  Hankook AtlasBX Co. Ltd
  •  East Penn Manufacturing Company
  •  Exide Technologies
  •  GS Yuasa International Ltd