Automotive Lead-Acid Battery Market Size Worth USD 38.63 Billion by 2034 | CAGR: 3.0%

Automotive Lead-Acid Battery Market Size Worth USD 38.63 Billion by 2034 | CAGR: 3.0%


The global automotive lead-acid battery market size is expected to reach USD 38.63 billion by 2034, according to a new study by Polaris Market Research. The report Automotive Lead-Acid Battery Market Size, Share, Trends, Industry Analysis Report: By Type (Flooded Batteries and VRLA Batteries), Product, Vehicle Type, End User, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Lead-acid batteries have been widely used in automobiles due to their reliability, cost-effectiveness, and recyclability. These batteries are also used in start-stop vehicle systems and hybrid vehicles, further expanding their market scope. The increasing production and sales of automobiles, coupled with technological advancements in battery design, are contributing to the automotive lead-acid battery market growth.

The expanding global vehicle fleet and rising vehicle sales are driving the automotive lead-acid battery market demand as these batteries are used in vehicles to power essential functions such as starting, lighting, and ignition (SLI). Rapid urbanization, rising disposable income, and improved transportation infrastructure have led to a surge in passenger and commercial vehicle production, which, in turn, boosts the demand for automotive batteries, including automotive lead-acid batteries.

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The cost-effectiveness and recyclability of lead-acid batteries compared to lithium-ion and other advanced battery technologies propel the automotive lead-acid market expansion. Lead-acid batteries offer a lower initial cost, making them the preferred choice for automakers and consumers. The well-established recycling infrastructure for lead-acid batteries enhances their appeal. Moreover, lead-acid batteries are one of the most recycled products globally, with over 95% of their components being reusable. This high recyclability rate reduces adverse environmental impact and aligns with sustainability goals set by governments and regulatory bodies, thereby expanding their demand.

Automotive Lead-Acid Battery Market Report Highlights

  • In terms of type, the flooded batteries segment dominated the automotive lead-acid battery market share in 2024 due to their affordability, reliability, and widespread use in internal combustion engine (ICE) vehicles.
  • Based on end user, the aftermarket segment is expected to grow at a rapid pace during the forecast period owing to the high replacement rate of batteries in vehicles.
  • Asia Pacific led the global automotive lead-acid battery market revenue share in 2024 due to high vehicle production, rising automotive sales, and strong presence of battery manufacturers.
  • The market in Europe is estimated to grow at a rapid pace during the forecast period, owing to the rising adoption of advanced battery technologies and stringent environmental regulations.
  • A few of the global key market players are Amara Raja Energy & Mobility Limited; C&D Technologies, Inc.; Camel Group Co., Ltd.; Century Batteries; Clarios; Crown Battery; CSB Energy Technology Co., Ltd.; East Penn Manufacturing Company; EnerSys; Exide Technologies; Fiamm Energy Technology S.p.A.; GS Yuasa International Ltd.; Leoch International Technology Limited Inc; Moura Accumulators SA; Reem Batteries; Robert Bosch LLC; Stryten Energy; The Furukawa Battery Co., Ltd.; and Tianneng Rechargeable Battery Manufacturers.

Polaris Market Research has segmented the automotive lead-acid battery market report on the basis of type, product, vehicle type, end user, and region:

By Type Outlook (Revenue, USD Billion, 2020–2034)

  • Flooded Batteries
  • VRLA Batteries

By Product Outlook (Revenue, USD Billion, 2020–2034)

  • SLI Batteries
  • Micro Hybrid Batteries
  • Auxiliary Batteries

By Vehicle Type Outlook (Revenue, USD Billion, 2020–2034)

  • Passenger Cars
  • Light and Heavy Commercial Vehicles

By End User Outlook (Revenue, USD Billion, 2020–2034)

  • OEM
  • Aftermarket

By Regional Outlook (Revenue, USD Billion, 2020–2034)

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Netherlands
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Malaysia
    • South Korea
    • Indonesia
    • Australia
    • Vietnam
    • Rest of Asia Pacific
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

Automotive Lead-Acid Battery Market Report Scope

Report Attributes

Details

Market Size Value in 2024

USD 28.86 Billion

Revenue Forecast in 2025

USD 29.66 Billion

Revenue Forecast by 2034

USD 38.63 Billion

CAGR

3.0% from 2025 to 2034

Base Year

2024

Historical Data

2020–2023

Forecast Period

2025–2034

Quantitative Units

Revenue in USD Billion and CAGR from 2025 to 2034

Report Coverage

Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends

Segments Covered

  • By Type
  • By Product
  • By Vehicle Type
  • By End User

Regional Scope

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Competitive Landscape

  • Automotive Lead-Acid Battery Industry Trend Analysis (2024)
  • Company Profiles/Industry participants profiling includes company overview, financial information, product/service benchmarking, and recent developments

Report Format

  • PDF + Excel

Customization

Report customization as per your requirements with respect to countries, regions, and segmentation.

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Request for Customized Report

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  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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