About Start-Stop Battery
The start-stop batteries are mainly used for limiting the consumption of fuel and emissions. In this process, the engine automatically shuts down or stops and restarts again to reduce the amount of time it's idling that is when the vehicle is not in motion still the engine is running. Many companies offer 4 years guarantee to regular start-stop battery .but major disadvantage of start-stop systems is when the engine is cold for a long time it restarts the engine. Different types of batteries are available with enhanced technology.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The automotive equipment is decreasing their demand due to the slow economy rate even though top leading firms have strong competition due to increased no of automotive industries vehicles and industrial usage. The top leading firms using various technological enhancements which are a key factor for raising the competition between them. Also, they using the merger and acquisition options to lead the market and earn more profit and be in the market for a long time. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AGM Company (United Kingdom), Bosch (Germany), Exide (India), GS Yuasa International (Japan), Hankook AtlasBX (South Korea), Helden batteries (Turkey), Varta (United Kingdom), Halford company (United Kingdom), Panasonic Corporation (Japan) and A123 Systems (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are East Penn Manufacturing (United States), Johnson Controls (Ireland), MAXWELL TECHNOLOGIES (United States), PLATINUM INTERNATIONAL LIMITED (United Kingdom), Leoch Battery (United States) and PowerGenix (United States).
Segmentation Overview
AMA Research has segmented the market of Global Start-Stop Battery market by Type (Lead-acid battery, Lithium battery and Others), Application (Conventional Vehicle, Electric Vehicle and Other) and Region.
On the basis of geography, the market of Start-Stop Battery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Specifications, the sub-segment i.e. Enhanced Cyclic Mat/Advanced Flooded Battery will boost the Start-Stop Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Automotive Industries will boost the Start-Stop Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Use Of Lead-Acid Flooded Technology
Market Growth Drivers:
Increasing Automotive Industry and Growing Need As They Limit The Fuel Usage
Challenges:
Expensive Product
Restraints:
Maintenance Cost Is High and It Damages DPF Exhaust System
Opportunities:
Emerging New Racing Competitions Like Formula 1 Racing and Fast Growing Automotive In Developing Countries And Under Developed Countries
Market Leaders and their expansionary development strategies
In January 2020 Platinum Equity completes USD 2.7 billion Acquisition of Cision Ltd and Cision LTD a leading global provider of software and services to public relations and marketing communications professionals announced that it has been acquired by an affiliate of Platinum Equity in an all-cash transaction valued at approximately USD 2.7 billion.
In December 2019 GS Yuasa launched the LIM50EL series of industrial Lithium-ion battery modules GS Yuasa Corporation announced the launch of its LIM50EL series of industrial lithium-ion battery modules. The battery modules in the LIM50EL series are compatible with those in the existing LIM50EN series but have significantly longer life spans due to progress with optimization of materials.
The United States Environmental Protection Agency included in the automotive Sectors is NAICS 336 Transportation Equipment Manufacturing, NAICS 4231 Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers, and NAICS 8111 Automotive Repair and Maintenance. Industries and facilities in these sectors engage motor vehicle manufacturing, sales, and salvage, and repair and maintenance services, for cars, trucks, trailers, and other motor vehicles. The Regulations are provided by EPA of the US Government.
Key Target Audience
Automotive Manufacturers, Automotive Industries, Raw Material Suppliers, Industry Association, Downstream Vendors, Traders, Distributors, and Suppliers and Research Organizations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.