Global Automotive Start-Stop Battery Market Size By Type (Lead-acid Battery, Lithium-ion Battery), By Application (Commercial Vehicle, Passenger Car), By Region, And Segment Forecasts, 2023 to 2032
Report Id: 21073 | Published Date: Nov 2024 | No. of Pages: | Base Year for Estimate: Nov 2024 | Format:
The Global Automotive Start-Stop Battery Market, valued at approximately USD 5.8 billion in 2023, is anticipated to reach USD 9.7 billion by 2031, growing at a CAGR of 6.5% during the forecast period from 2023 to 2031. This market growth is driven by the rising demand for fuel-efficient vehicles, increasing automotive production, and regulatory measures encouraging eco-friendly vehicle technologies. Start-stop batteries, essential in start-stop systems, are designed to reduce fuel consumption by turning off the engine during idling and automatically restarting it when the brake is released. These systems, supported by advanced battery technology, contribute significantly to reducing emissions and enhancing vehicle efficiency.
Drivers
Rising Demand for Fuel-Efficient Vehicles:
Consumers and manufacturers alike are prioritizing fuel efficiency, propelling
the demand for start-stop batteries that reduce fuel consumption.
Environmental Regulations: Governments
worldwide are introducing stringent emissions regulations, encouraging the
adoption of start-stop technology to reduce CO₂ emissions.
Increased Automotive Production: As
automotive production grows globally, particularly in emerging markets, so does
the adoption of start-stop systems, thus boosting the demand for compatible
batteries.
Restraints
High Initial Costs: Start-stop batteries,
particularly enhanced flooded batteries (EFB) and absorbed glass mat (AGM)
types, come with higher initial costs, which can be a deterrent for some
consumers.
Limited Battery Life: Frequent cycling
required in start-stop systems can reduce the lifespan of traditional
batteries, presenting a challenge for some battery technologies in the market.
Opportunity
Innovation in Battery Technology:
Developments in lithium-ion and advanced lead-acid batteries are opening doors
for more efficient, longer-lasting start-stop batteries, appealing to
automotive manufacturers seeking cost-effective solutions.
Market by System Type Insights
The Absorbent Glass Mat (AGM) Battery
segment dominated the market in 2023 due to its durability and ability to
handle deep discharge cycles more effectively than conventional flooded
batteries. AGM batteries are expected to remain the preferred choice for
start-stop applications as they offer higher performance and better resilience
against repeated cycling.
Market by End-Use Insights
The Passenger Vehicle segment accounted for
the largest market share in 2023, driven by the rising consumer demand for fuel
efficiency and regulatory pressure on emissions in personal vehicles. With the
growing trend toward hybrid and electric vehicles, this segment is poised for
substantial growth, supporting the demand for start-stop battery systems.
Market by Regional Insights
Geographically, Europe held the largest
market share in 2023, driven by stringent emissions regulations and a high
adoption rate of start-stop systems in vehicles. Asia-Pacific is projected to
register the highest growth rate, fueled by increased automotive production and
rising environmental awareness in countries like China, Japan, and India.
Competitive Scenario
Key players in the Global Automotive
Start-Stop Battery Market include Johnson Controls Inc., Exide Technologies,
East Penn Manufacturing Co., GS Yuasa Corporation, Clarios, and Banner
Batteries. These companies focus on advancing battery technology, forming
strategic partnerships, and expanding production capacities to meet the
increasing demand. Recent developments include Clarios’ launch of a new AGM
battery line designed specifically for high-performance vehicles with
start-stop functionality.
Scope
of Work – Global Automotive Start-Stop Battery Market
Report
Metric |
Details |
Market Size (2023) |
USD 5.8 billion |
Projected Market Size (2031) |
USD 9.7 billion |
CAGR (2023-2031) |
6.5% |
Largest Segment |
AGM Battery |
Largest Region |
Europe |
Key Market Segments |
System Type (AGM, EFB), End-Use
(Passenger, Commercial) |
Growth Drivers |
Demand for fuel efficiency, regulatory
measures |
Opportunities |
Battery technology advancements,
eco-friendly trends |
Key
Market Developments
2023: Clarios launched a new line of AGM
batteries aimed at high-performance vehicles with start-stop functionality, enhancing
battery life and performance.
2024: East Penn Manufacturing Co. expanded
its production facility in the U.S. to cater to the growing demand for
start-stop battery solutions.
2025: GS Yuasa Corporation announced a
partnership with a major automotive OEM to develop next-generation lithium-ion
batteries for start-stop applications.
FAQs
What is the current market size of the
Global Automotive Start-Stop Battery Market?
The market was valued at approximately USD
5.8 billion in 2023.
What is the major growth driver of the
Global Automotive Start-Stop Battery Market?
The primary growth driver is the increasing
demand for fuel-efficient vehicles due to rising environmental awareness and
government regulations.
Which is the largest region during the
forecast period in the Global Automotive Start-Stop Battery Market?
Europe holds the largest share due to
stringent emissions standards and high adoption of start-stop technology.
Which segment accounted for the largest
market share in the Global Automotive Start-Stop Battery Market?
The AGM Battery segment was the largest in
2023, thanks to its durability and efficiency in start-stop applications.
Who are the key market players in the
Global Automotive Start-Stop Battery Market?
Major players include Johnson Controls
Inc., Exide Technologies, East Penn Manufacturing Co., GS Yuasa Corporation,
Clarios, and Banner Batteries.
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