Increased Automotive Production to Aid the Growth of World Starting, Lighting and Ignition Lead Acid Battery Market
DUBLIN, Ireland--Research and Markets (http://www.researchandmarkets.com/reports/c52831) has announced the addition of the Frost & Sullivan report: World Starting Lighting and Ignition Lead Acid Battery Markets to their offering.
This Frost & Sullivan research titled World Starting, Lighting and Ignition Lead Acid Battery Market provides in-depth analysis of market revenues, unit shipment analysis, and detailed market analysis of world starting, lighting and ignition lead acid battery market highlighting the industry challenges and drivers for the market. In this research service, expert analysts thoroughly examine the end-user applications of SLI lead acid battery market along with the recent technological advancements in this market.
Technologies
The following technologies are covered in this research:
- Valve-regulated lead acid (VRLA) batteries: VRLA batteries are maintenance-free batteries in which the electrolyte is in an immobilized condition, either in the form of a gel or as an absorbed glass mat; both forms not causing any spilling in the battery.
- Flooded lead acid batteries: The construction of these batteries involves two lead plates, an electrode, and a suitable electrolyte to produce electricity. The technical advancement of features adapted in these batteries caters to the various requirements of present applications.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research service:
- Consumer automotive applications
- Marine applications
- Other automotive applications
- Other applications
Topics Covered
1. Executive Summary
- 1. Market Overview
-- 2. Competitive Analysis
- 2. Major Research Findings
2. Total Starting Lighting and Ignition Lead Acid Battery Market
- 1. Overview of SLI Lead Acid Battery Market
- 2. Revenue Forecasts and Trends
- 3. Market Distribution Channel Analysis
- 4. Market Construction Type Analysis
- 5. Geographic Region Analysis
- 6. Competitive Analysis
- 7. Market Challenges
3. Starting Lighting and Ignition Lead Acid Battery Market - End-user Analysis
- 1. Market Overview
- 2. Consumer Automotive Applications
- 3. Marine Applications
- 4. Other Automotive Applications
- 5. Other Applications
4. Appendix
- 1. Terms and Definitions
5. Decision Support Database
- 1. Supporting Data - DSD Tables
List of Figures
Summary
Increased Automotive Production to Aid the Growth of World Starting, Lighting and Ignition Lead Acid Battery Market
The increase in automotive production is likely to have a positive influence on the growth of the world starting, lighting and ignition (SLI) lead acid battery market, as these batteries are largely utilized in engine-powered vehicles and other automobiles. SLIs are expected to greatly benefit from the replacement of old batteries in automobile units. Moreover, the investments in infrastructure have lead to a growth in transportation, which in turn, boosts the demand for SLI batteries.
"The low cost of production coupled with increasing product demand is encouraging participants to establish facilities in Asian countries such as China, India, Taiwan, and South Korea," says the analyst of this research service. "These countries are witnessing favorable economic growth and market participants will be looking to make the most of the automotive boom in the region." The market also gains from development of vehicles that support electrical accessories such as televisions, digital video disks, video compact disks, navigation devices, mobile phone charges, which demand power from batteries.
Mergers and Acquisitions Help Major Vendors Maintain their Market Share
Limited product differentiation in a highly competitive market compels manufacturers to differentiate themselves by price, thereby constraining market growth. However, the prices of these batteries, which depend on the same principal raw material, lead; can vary only within a small range. The rise in the price of lead has compelled major participants to increase the price of their batteries. Meanwhile, the growing global competition has intensified the challenge to meet the increasing demand in diverse geographical locations. These issues have heightened the focus on R&D for improving the performance of batteries.
"Market participants are also forming alliances with local manufacturers, while major vendors are indulging in mergers and acquisitions to help them maintain and expand their market share," notes the analyst. "They can prevail in the market by offering better quality products and a wider distribution network with strong after-sales support team."
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