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. 

Download Sample Report

Speak with an analyst to get exclusive insights tailored to your needs