Light Vehicle Batteries Market size to grow by USD 34.06 billion | Stringent Regulations on GHG Emissions from Automobiles as Key Driver | Technavio

Vendor Insights 

Global Light Vehicle Batteries is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.   

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• 3M Co.
• A123 Systems LLC
• Altairnano
• Banner GmbH
• Clarios
• EcoBat Battery Technologies
• Exide Industries Ltd.
• FIAMM Energy Technology Spa
• Furukawa Electric Co. Ltd.
• General Motors Co.
• GS Yuasa Corp.
• Johnson Matthey Plc
• LG Chem Ltd.
• Nissan Motor Co. Ltd.
• Panasonic Corp.
• Primearth EV Energy Co. Ltd.
• Robert Bosch Stiftung GmbH

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Free Sample Report. 

Geographical Market Analysis 

APAC will provide maximum growth opportunities in Light Vehicle Batteries during the forecast period. According to our research report, the region will contribute to 53% of the global market growth and is expected to dominate the market through 2026. China, Japan, and India are the key markets for the light vehicle batteries market in APAC. Market growth in this region will be faster than the growth of the market in other regions. The expansion of the light vehicle batteries market in APAC would be aided by rising economic standards over the forecast period.

Furthermore, countries such as the US, China, Japan, India, and Germany are expected to emerge as prominent markets for Light Vehicle Batteries during the forecast period. 

Know more about this market's geographical distribution along with the detailed analysis of the top regions. https://www.technavio.com/report/light-vehicle-batteries-market-size-industry-analysis 

Key Segment Analysis

The ICEV segment's market share of light vehicle batteries will expand significantly over the projection period. Because of the increased global production of passenger cars and light commercial vehicles, the ICEV segment of the global light vehicle batteries market is expected to develop at a moderate rate during the projected period. Automakers are developing more hybridized ICEVs in response to rising fuel economy standards and the trend toward electrification. In 2021, demand for passenger automobiles surged as more people planned to buy new and used cars. As a result, the market expansion will be fueled by increased demand over the forecast period.

View FREE Sample: to know additional highlights and key points on various market segments and their impact in coming years. 

Key Market Drivers & Challenges: 

One of the primary forces supporting the growth of the light vehicle batteries market is the strict limitations on GHG emissions from automobiles. The electricity and transportation industries in the United States account for more than half of all carbon pollution. As a result, the EPA and the NHTSA have collaborated to design standards to reduce GHG emissions and improve the fuel economy of passenger vehicles and trucks, with the goal of ensuring improved fuel savings, a cleaner environment, and fewer oil imports.

Another factor driving the growth of the light vehicle batteries market is the increasing number of vendor collaborations. Many suppliers are forming alliances in order to deliver innovative products and boost profits. This kind of collaboration also aids them in differentiating their products and remaining competitive in the market.

Download free sample for highlights on market Drivers & Challenges affecting the Light Vehicle Batteries market. 

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

• 5.1 Market segments
• Exhibit 24: Chart on Application - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

• 5.2 Comparison by Application
• Exhibit 26: Chart on Comparison by Application
• Exhibit 27: Data Table on Comparison by Application

• 5.3 ICEV - Market size and forecast 2021-2026
• Exhibit 28: Chart on ICEV - Market size and forecast 2021-2026 ($ billion)
• Exhibit 29: Data Table on ICEV - Market size and forecast 2021-2026 ($ billion)
• Exhibit 30: Chart on ICEV - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on ICEV - Year-over-year growth 2021-2026 (%)

• 5.4 EV - Market size and forecast 2021-2026
• Exhibit 32: Chart on EV - Market size and forecast 2021-2026 ($ billion)
• Exhibit 33: Data Table on EV - Market size and forecast 2021-2026 ($ billion)
• Exhibit 34: Chart on EV - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on EV - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Application
• Exhibit 36: Market opportunity by Application ($ billion)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 North America - Market size and forecast 2021-2026
• Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 China - Market size and forecast 2021-2026
• Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.9 US - Market size and forecast 2021-2026
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.10 Japan - Market size and forecast 2021-2026
• Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 India - Market size and forecast 2021-2026
• Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ billion)
• Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ billion)
• Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 82: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 88: Matrix on vendor position and classification

• 10.3 3M Co.
• Exhibit 89: 3M Co. - Overview
• Exhibit 90: 3M Co. - Business segments
• Exhibit 91: 3M Co. - Key news
• Exhibit 92: 3M Co. - Key offerings
• Exhibit 93: 3M Co. - Segment focus

• 10.4 A123 Systems LLC
• Exhibit 94: A123 Systems LLC - Overview
• Exhibit 95: A123 Systems LLC - Product / Service
• Exhibit 96: A123 Systems LLC - Key offerings

• 10.5 Altairnano
• Exhibit 97: Altairnano - Overview
• Exhibit 98: Altairnano - Product / Service
• Exhibit 99: Altairnano - Key offerings

• 10.6 Banner GmbH
• Exhibit 100: Banner GmbH - Overview
• Exhibit 101: Banner GmbH - Product / Service
• Exhibit 102: Banner GmbH - Key offerings

• 10.7 Clarios
• Exhibit 103: Clarios - Overview
• Exhibit 104: Clarios - Product / Service
• Exhibit 105: Clarios - Key offerings

• 10.8 Exide Industries Ltd.
• Exhibit 106: Exide Industries Ltd. - Overview
• Exhibit 107: Exide Industries Ltd. - Business segments
• Exhibit 108: Exide Industries Ltd. - Key offerings
• Exhibit 109: Exide Industries Ltd. - Segment focus

• 10.9 GS Yuasa Corp.
• Exhibit 110: GS Yuasa Corp. - Overview
• Exhibit 111: GS Yuasa Corp. - Business segments
• Exhibit 112: GS Yuasa Corp. - Key news
• Exhibit 113: GS Yuasa Corp. - Key offerings
• Exhibit 114: GS Yuasa Corp. - Segment focus

• 10.10 LG Chem Ltd.
• Exhibit 115: LG Chem Ltd. - Overview
• Exhibit 116: LG Chem Ltd. - Business segments
• Exhibit 117: LG Chem Ltd. - Key news
• Exhibit 118: LG Chem Ltd. - Key offerings
• Exhibit 119: LG Chem Ltd. - Segment focus

• 10.11 Samsung SDI Co. Ltd.
• Exhibit 120: Samsung SDI Co. Ltd. - Overview
• Exhibit 121: Samsung SDI Co. Ltd. - Business segments
• Exhibit 122: Samsung SDI Co. Ltd. - Key offerings
• Exhibit 123: Samsung SDI Co. Ltd. - Segment focus

• 10.12 The BYD Motors Inc.
• Exhibit 124: The BYD Motors Inc. - Overview
• Exhibit 125: The BYD Motors Inc. - Product / Service
• Exhibit 126: The BYD Motors Inc. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 127: Inclusions checklist
• Exhibit 128: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 129: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 130: Research methodology
• Exhibit 131: Validation techniques employed for market sizing
• Exhibit 132: Information sources

• 11.5 List of abbreviations
• Exhibit 133: List of abbreviations

About Us: 

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. 

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