Start-stop Battery Market Enclose the Latest Innovation Technology, Detailed Insights, Regional Manufacturers Analysis and Demand Forecast 2025



Over the forecast period, the global start-stop battery market is expected to grow at a CAGR of 21.8 percent (2018-2025). The global start-stop battery market generated $6.05 billion in revenue in 2017 and is expected to reach $29 billion by 2025. Start-stop technology reduces engine idling time by automatically shutting down and restarting the vehicle's internal combustion engine, lowering fuel consumption and pollution. The increasing integration of start-stop technology in various automotive vehicles is a major driver driving the start-stop battery market's rise.

The electric cars category dominated among applications in 2017 and is likely to continue to do so throughout the projection period. The electric vehicle segment produced revenue of US$ 4.2 billion in 2017, and is expected to grow at a CAGR of 20.6 percent to US$ 18.8 billion by 2025. One of the primary elements fueling the segment's growth is the increasing adoption of electric vehicles. According to the International Energy Agency, global sales of new electric automobiles reached 1 million units in 2017, representing a 56 percent increase over 2016. In 2017, China had the biggest market share of electric vehicle sales.

The electric cars category dominated among applications in 2017 and is likely to continue to do so throughout the projection period. The electric vehicle segment produced revenue of US$ 4.2 billion in 2017, and is expected to grow at a CAGR of 20.6 percent to US$ 18.8 billion by 2025. One of the primary elements fueling the segment's growth is the increasing adoption of electric vehicles. According to the International Energy Agency, global sales of new electric automobiles reached 1 million units in 2017, representing a 56 percent increase over 2016. In 2017, China had the biggest market share of electric vehicle sales.

Asia Pacific dominated the worldwide start-stop battery market in 2017 and is expected to continue to do so during the forecast period. The start-stop battery market in this area is fueled by India, China, and Japan. The Asia Pacific start-stop battery market was worth US$ 2.3 billion in 2017. By 2025, the market is estimated to reach US$ 11.9 billion, representing a 22.7 percent CAGR during the forecast period. The increasing sales of automobiles in Asia Pacific countries has become one of the primary driving forces behind the region's market growth.

A123 System LLC, ATLASBX Co., Ltd, East Penn Manufacturing, Exide Technologies, GS Yuasa International Ltd., Johnson Controls, Leoch Battery, Inc., Panasonic Corporation, Saft America, Inc., and Tianneng Power International Co., Ltd are some of the major players in the global start-stop battery market.

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