Global SLI Battery Market was valued US$ XX Mn. in 2019 and is expected to reach US$ XX Mn. by 2027.

SLI Battery is a lead-acid and rechargeable type of battery that is mainly used in automobiles. SLI means Starting, Lighting and Ignition battery, which consumes energy supplied to the vehicle or device. The purpose of the SLI battery is to start the engine in all weather conditions and to ensure operation in the event of failure of the onboard electrical recharging type so that the auxiliary electrical equipment operate smoothly for a certain period.

The report covers the detailed analysis of Global SLI Battery Market with the classifications of the market on the type, sales channel, end-user, and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.

The report has profiled twenty-two key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in APAC region. Major country’s policies about manufacturing and their impact on SLI Battery applications demand are covered in the report.
Global SLI Battery Market Dynamics-

Increasing production of automobiles and the regular replacements required for such batteries every 3-4 years is driving the growth of the Global SLI Battery Market. The increasing population have contributed to the increased number of vehicles demanding new technology for better performance and high quality.

Advantages such as the flexibility of being able to install the battery anywhere than the engine compartment have been the main driving factor. Because of the SLI battery feature of no emission of acid fumes and no spillage, it can be installed anywhere in the vehicles in any position.

Longer life because of better retention of positive active material, very low self-discharge, and no explosion hazard have increased the demand for the SLI Battery.

Other batteries are produced in huge quantities and therefore their cost is lower than that of an equivalent capacity other batteries for industrial or consumer use. Reduced low-rate capacity and increased cost both due to materials and complexity of the processing are a couple of restraints to the growth of the Global SLI Battery Market.
Global SLI Battery Market Segment analysis-

The report groups the Global SLI Battery Market in different segments by type, by sales channel, by end-user, and by region to forecast the revenues and analyze the market share of each segment over the forecast period.

By type, the Valve Regulated Lead Acid segment was dominant in 2019 and is expected to command market share of xx% by 2027. VRLA battery for automotive application has undergone tremendous improvements for higher temperatures. Flooded lead-acid batteries have been used for starter applications but because of the difficulties in the handling of such batteries and also due to the development of valve-regulated lead-acid batteries, which offer good performance characteristics like instant start even after a prolonged period of disuse, absence of leakage of the corrosive acid electrolyte and no necessity of topping up with distilled water have encouraged the growth of VRLA battery for automotive application in recent years.

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Based on end-user, the automotive segment was dominant in 2019 and is expected to command a market share of xx% by 2027. The automotive industry not only faces accelerating pressure to reduce vehicles' environmental impact, but is also experiencing rapid technological change, in the shape of electrification, connectivity, autonomy, and new business models. SLI battery is designed not to discharge below 50% and the long-lasting battery life, which have increased their demand in automotive sector.

Based on the sales channel, the OEM segment was dominant in 2019 and is expected to command a market share of xx% by 2027. OEMs have to take an active role in developing disruptive business models all by themselves, for competitors, customers, and financial markets. Based on analysis of competitive advantage and growth potential in each step of the value chain, OEMs may unlock value in order to grow their after-sales business in a result-orientated way. Aftermarket contain all activities related to maintaining a car after its initial sale and until the end of its lifecycle. The relevant activities are also referred to as aftermarket parts and services. The aftermarket encompasses all parts and services purchased for light- and heavy-duty vehicles after the original sale, including replacement parts, accessories, lubricants, appearance products, and service repairs.
Global SLI Battery Market Regional Insights-

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APAC is expected to command largest market share of xx% by 2027

Increasing automobile sector in the developing and developed economies of APAC, like India and China, have contributed to the growth of the Global SLI Battery Market. The China government had set policies and regulations to protect its automotive industry against multinational automakers. The China government issued China Automotive Industry Policy (the Policy) in 2005 to encourage consolidation among carmakers to boost their ability to compete with the overseas competitors. Rapid growth in population and industrialization has increased the use of advanced devices and vehicles, thereby contributing to the growth of the use of SLI batteries.

The report also helps in understanding the Global SLI Battery Market dynamics, structure by analyzing the Market segments and project the Global SLI Battery Market which gives clear representation of competitive analysis of key players by price, financial position, Material portfolio, growth strategies, and regional presence in the Global SLI Battery Market make the report investor’s guide.

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Scope of the Global SLI Battery Market- Inquire before buying

Global SLI Battery Market, by type

• Flooded
• Enhanced Flooded Battery (EFB)
• Valve-Regulated Lead-Acid (VRLA)
Global SLI Battery Market, by sales channel

• OEM
• Aftermarket
Global SLI Battery Market, by end user

• Automotive
• UPS
• Others
Global SLI Battery Market, by region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global SLI Battery Market

• Johnson Controls, Inc.
• East Penn Manufacturing Co. Inc.
• Exide Technologies
• Enersys
• Leoch International Technology Limited
• Crown Battery Manufacturing Company
• Trojan Battery Company
• Acumuladores Moura S/A
• GS Yuasa Corporation
• Power Sonic Corporation
• NorthStar Battery Company LLC
• Interstate Batteries Type International
• Braille Battery, Inc.
• U.S. Battery Manufacturing Co.
• Discover Battery
• Enerbrax-Acumuladores Ltda
• Continental Battery Manufacturing Company
• Fabrica Nacional de Acumuladores (ETNA) S.A.
• Superior Battery Manufacturing Company
• Dyno Battery
• XS Power Battery
• ACDelco
• Sears Holdings Corporation

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