VITA Technologies
  • VME
  • XMC
  • FMC
  • PMC
  • VNX
  • VPX
  • VME
  • XMC
  • FMC
  • PMC
  • VNX
  • VPX
  • Articles
  • White Papers
  • Products
  • News
  • Articles
  • White Papers
  • Products
  • News
  News  Industry News  Automotive Battery Market Expands By Progressive Interest in Electric Vehicles Powered by Traction batteries
Industry News

Automotive Battery Market Expands By Progressive Interest in Electric Vehicles Powered by Traction batteries

Transparency Market ResearchTransparency Market Research—June 28, 20160
FacebookX TwitterPinterestLinkedInTumblrRedditVKWhatsAppEmail



The global market for automobiles is witnessing a continuous expansion, especially in developing economies of the world. This positively impacts the market for automotive batteries as well. The largest market for automotive batteries is North America, which is closely followed by the European and Asia-Pacific markets. China ranks as the fastest growing automotive battery market thanks to the highest global demand for both commercial and passenger vehicles here. Besides the growing demand itself, the market is further boosted thanks to a growing interest in investments towards carrying out R&D activities in this sector. These research activities are primarily funded by automobile or battery manufacturers, and have resulted in some encouraging breakthroughs. This has helped bring about perceptible changes in the product landscape, besides increasing market demand. It is estimated that the battery replacement market alone accounts for nearly 80% of the entire automotive batteries market.

Free PDF Sample For More Market insight can be Downloaded @ bit.ly/28ZiTfZ

Batteries can be divided based on the type of vehicle in which they are used as: two-wheeler, medium commercial, three-wheeler, utility vehicle, passenger car, light commercial vehicle, and farm vehicle. Consumers are showing a progressive interest in electric vehicles that are powered by traction batteries. Automotive batteries can also be classified based on technology as and within this segment, Nickel-Metal Hydride batteries are projected to show the highest rate of growth.

This market research report features leading market players including but not limited to: Exide Technologies, Johnson Controls, Camel Group, GS Yuasa, Fengfan and Fiamm Group, and East Penn Manufacturing.

More stories

HighRely Inc. Releases Insider Secret Whitepaper to Avoid DO-178B Mistakes

July 15, 2006

Freescale Leads Industry in Commercializing MRAM Technology

July 10, 2006

GE Fanuc Intelligent Platforms Announces V7768, V7769 6U VMEbus Single Board Computers

March 7, 2008

Mercury Computer Systems Enables Scalable, Cost-Effective Solutions with New MicroTCA Platform

May 27, 2010

Browse Full Market Report With Complete TOC @ bit.ly/294PHbU

This market research report analyzes the following geographies:

North America

Asia Pacific

Europe

Rest of the World

This report gives you access to decisive data such as:

Market growth drivers

Current market trends

Market projections for the coming years

FacebookX TwitterPinterestLinkedInTumblrRedditVKWhatsAppEmail
MEA Vacuum Pumps Market Boosted by Resurging Economy, Market to Exhibit 11.10% CAGR from 2015 to 2025
Global System Integration Market Propelled by Large Investments, to reach US$377.59 bn by 2020
Related posts
  • Related posts
  • More from author
Eletter Products

SPONSORED: 3U VPX HD Switch Doubles Backplane Density

August 1, 20250
RTS rugged test and deployment system
Eletter Products

SPONSORED: Rugged Test and Deploy Systems for VPX and SOSA Aligned Payloads

July 25, 20250
Articles

The VITA Technologies 2025 Resource Guide is here!

June 19, 20250
Load more
Read also
Eletter Products

SPONSORED: 3U VPX HD Switch Doubles Backplane Density

August 1, 20250
RTS rugged test and deployment system
Eletter Products

SPONSORED: Rugged Test and Deploy Systems for VPX and SOSA Aligned Payloads

July 25, 20250
Articles

The VITA Technologies 2025 Resource Guide is here!

June 19, 20250
Articles

Next-gen fiber optics for aviation: Expanded Beam performance with VITA 95/96

June 3, 20250
Articles

Embedded Tech Trends 2025 Wrapup

June 3, 20250
Consortia and Working Groups

VITA standards activity updates

June 3, 20250
Load more

Recent Comments

No comments to show.
  • Articles
  • White Papers
  • Products
  • News
  • Articles
  • White Papers
  • Products
  • News
  • VME
  • XMC
  • FMC
  • PMC
  • VNX
  • VPX
  • VME
  • XMC
  • FMC
  • PMC
  • VNX
  • VPX

© 2023 VITA Technologies. All rights Reserved.