The global automotive lead-acid battery market is projected to grow from USD 28.88 billion in 2024 to USD 36.72 billion by 2032, at a CAGR of 3.0% from 2024 to 2032. The market's growth is driven by the increasing demand for cost-effective and reliable battery solutions in the automotive industry and the widespread availability of lead-acid battery.
Companies such as EnerSys (US), Clarios (US), East Penn Manufacturing Company (US), GS Yuasa International Ltd. (Japan), and Exide Industries Ltd. (India) fall under the winners’ category. These are leading players globally in the automotive lead acid battery market. These players have adopted the strategies of new product launches, partnerships, agreements, and acquisitions to fulfill the rising demand for automotive lead acid battery on the regional and global levels.
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EnerSys (US)
EnerSys is a global leader in stored energy solutions, providing varieties of batteries to different applications. The company offers its products through various segments, including motive power (for forklifts, material handling equipment, and others), energy systems (for data centers, telecom, and others), and specialty for various niche applications. It offers services that include designing, building, installing, and maintaining battery systems. It offers its products for use in different industries, including communications network, logistics & warehousing, transportation, cable broadband, data centers, industrial power & utilities, aerospace & defense, safety & security, and medical.
The company has a global presence with manufacturing facilities in China, Europe, the US, and Oceania and serves customers in over 100 countries. It also has regional headquarters in Europe and Asia. Alpha Technologies Services, Inc. (US), NorthStar Battery (US), Odyssey Battery (US), ICS Industries (Australia), and Purcell Systems (US)are the subsidiaries of Enersys.
Clarios (US)
Clarios, formerly Johnson Controls Power Solutions, is an energy storage solutions provider to the automotive industry. Johnson Controls Power Solutions, the battery division of Johnson Controls international Inc., was acquired by Brookfield Business Partners LP, and was renamed Clarios on May 2019. Clarios sells its automotive batteries globally under both private labels and company brand names like Varta, Optima, LTH, Delkor, Baterias MAC, and Heliar. Clarios has more than 50 manufacturing, recycling & distribution centers worldwide. The company has its presence in more than 100 countries in North America, Europe, and Asia Pacific.
East Penn Manufacturing Company (US)
East Penn Manufacturing Company is a leading producer of high-quality lead-acid batteries and accessories, serving a wide range of applications such as automotive, commercial, marine, industrial, and stationary power. Its product lineup includes starting, deep-cycle, AGM (Absorbent Glass Mat), and gel batteries, catering to both original equipment manufacturers (OEMs) and the aftermarket. Alongside batteries, East Penn offers a full range of battery accessories, like cables, terminals, and chargers.
The company operates through four main divisions: Transportation, Motive Power, Reserve Power, and Wire, Cable & Battery Accessories. East Penn maintains a strong international presence through subsidiaries in various countries, including Nivitas Systems LLC (US), East Penn Canada (Canada), East Penn International (China), and MK Battery (US).
GS Yuasa International Ltd. (Japan)
GS Yuasa International Ltd. is a subsidiary of GS Yuasa Corporation, a major player in the battery manufacturing industry. The company primarily focuses on the production and sale of automotive and industrial batteries, power supply systems, and other electrical equipment. GS Yuasa manufactures a wide range of lead-acid batteries for various automotive applications, including passenger cars, commercial vehicles, and motorcycles. The company also produces industrial batteries for various applications such as forklifts, UPS systems, and renewable energy storage systems. GS Yuasa offers a range of power supply systems for various industries, including telecommunications, data centers, and medical equipment. The company also manufactures other electrical equipment, such as switchgear and substation equipment, which are essential components of electrical power distribution systems. GS Yuasa International Ltd. has a strong global presence with manufacturing facilities and sales offices in Asia, Europe, North America, and Others.
Exide Industries Ltd. (India)
Exide Industries Ltd. is an Indian multinational company specializing in the manufacturing of storage batteries and power storage solutions. Exide is the largest manufacturer of lead acid storage batteries in India. These batteries power a wide range of applications including automotive, industrial, home UPS, railways, mining, defense, and marine. The company has a vast distribution network across India, ensuring easy accessibility to its products. Exide also invests in research and development to stay at the forefront of battery technology. Exide operates nine manufacturing units located across India, with seven dedicated to battery production and two focused on manufacturing Home UPS Systems.
In addition to supplying the domestic market, the company exports batteries that have secured niche positions in Southeast Asian and European markets. Exide has subsidiaries in the UK, Singapore, and Sri Lanka, with exports reaching 45 countries across six continents, serving an expanding base of international customers.
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Automotive Lead-Acid Battery Market by Product (SLI Batteries, Micro Hybrid, Auxiliary), Type (Flooded, VRLA), End Use (Passenger Cars, Light & Heavy Commercial Vehicles, Two Wheelers, Three Wheelers), and Region - Global Forecast to 2032
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