About Lead-Acid Automotive Jump Starter
Jump starters are defined as portable battery devices that allow for jump-starting of vehicles. It is used in various vehicles such as compact passenger cars, mid-sized passenger cars, light commercial vehicles, heavy commercial vehicle, and others. An increasing number of passenger and commercial vehicles in the APAC region are some of the major driving factors for the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is highly fragmented with the presence of local and regional players operating in the market. Various players operating in the market such as Black & Decker Corporation (United States), Projecta (Australia), Schumacher Electric Corporation (United States), Clore Automotive (United States), among others. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Lead-Acid Automotive Jump Starter market throughout the forecasted period. 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.
Black & Decker Corporation (United States), Projecta (Australia), Schumacher Electric Corporation (United States), Clore Automotive (United States), Ningbo Jiayue (Sweden), Antigravity Batteries LLC (United States), Boltpower (United States) and Shenzhen Carku Technology Co., Ltd (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Lead-Acid Automotive Jump Starter market by Type (Jump Boxes and Plug-in Units) and Region.
On the basis of geography, the market of Lead-Acid Automotive Jump Starter 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 Voltage Capacity , the sub-segment i.e. 0-12V will boost the Lead-Acid Automotive Jump Starter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vehicle Type, the sub-segment i.e. Passenger Cars {Compact Passenger Cars, Mid-Sized Passenger Cars, Others} will boost the Lead-Acid Automotive Jump Starter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement in Lead-Acid Automotive Jump Starter
Market Growth Drivers:
According to IBEF, in 2018, India became the 4th largest auto market with sales increasing 8.3% year-on-year to 3.99 million units. In 2018, It was the seventh-largest manufacturer of commercial vehicles.
Challenges:
Rising Prices of Raw Material
Restraints:
Availability of Substitute such as Lithium-ion Jump Starter
Opportunities:
Increasing Demand of Automotive Industry from Emerging Market
Market Leaders and their expansionary development strategies
In 2020, a notable collaboration was initiated between GS Yuasa International Ltd. and another entity to establish regional energy hubs in the UK. As part of this venture, a project was launched in conjunction with Albion Community Power, integrating Yuasa's hybrid lead/lithium battery system with renewable wind and solar energy sources.
In December 2019, Serfac Limited, distributors of NOCO – world-leading designer and manufacturer of innovative consumer-based battery and power products – has just Introduced the all new GB50 Boost XL 1500A UltraSafe Lithium Jump Starter to the Irish market. The GB50 is an ultra-portable, lightweight and compact lithium-ion jump starter for 12-volt batteries which can safely jump start a dead battery in seconds – up to 30 times on a single charge.
Key Target Audience
Lead-Acid Automotive Jump Starter Companies, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
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.