Top 12 Automotive Lead-Acid Battery Companies in the World

According to IMARC Group, The global automotive lead-acid battery market size reached US$ 13.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 16.3 Billion by 2032, exhibiting a growth rate (CAGR) of 2.2% during 2024-2032.

Lead-acid batteries are used in the starting, lighting, and ignition (SLI) process of automobiles. They comprise sponge lead (Pb) and lead peroxide (PbO2) plates that are immersed in sulfuric acid to convert chemical energy into electrical power. Lead-acid batteries are robust, cost-effective, resistant to wear and tear, and can tolerate overcharging compared to lithium-ion batteries. They also have high cell voltage and an immense power-to-weight ratio as these items supply high surge currents, thereby making them highly compatible with motor vehicles.

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The rising sales of passenger vehicles, on account of the expanding global population, the growing urbanization, and inflating income levels of individuals, are among the key factors stimulating the automotive lead-acid battery market. Moreover, the increasing awareness among the masses about the harmful impacts of carbon emissions and improving road networks are catalyzing the demand for electric cars and e-bikes across the globe, which are also propelling the market growth. Besides this, the rising usage of these items supply voltage to numerous accessories in vehicles, such as music systems, wipers, radios, air conditioners (ACs), charging plugs, etc., is acting as another significant growth-inducing factor. Furthermore, the growing utilization of batteries, as they offer resistance to corrosion and abrasion and low internal impedance, is further fueling the global market. Apart from this, the introduction of variants comprising recycled materials that makes these items a low environmental footprint energy storage technology is positively influencing the global market. Additionally, manufacturers are investing in research and development (R&D) activities and forming collaborations or partnerships with leading organizations to produce advanced and high-performance batteries, which is anticipated to fuel the automotive lead-acid battery market over the forecasted period.

Top 12 Automotive Lead-Acid Battery Companies in the World

1. C&D Technologies, Inc.
2. CLARIOS
3. CSB Energy Technology Co., Ltd.
4. East Penn Manufacturing Company, Inc
5. EnerSys
6. Exide Industries Limited
7. GS Yuasa Corporation
8. KOYO BATTERY CO., LTD
9. LEOCH INTERNATIONAL TECHNOLOGY LIMITED
10. Astra Otoparts
11. Robert Bosch GmbH
12. Thai Bellco Battery Co. Ltd.

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