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Saudi Arabia automotive lead acid battery market registered around USD280.80 million in 2021 and is estimated to reach USD437.94 million in 2027, advancing with a CAGR of 8.09%. Rapidly increasing fleet of four-wheelers and escalating fleet size across the country to drive the Saudi Arabia automotive lead acid battery market in the upcoming years.<br>https://www.techsciresearch.com/report/saudi-arabia-automotive-lead-acid-battery-market/12848.html
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2017 – 2027 SAUDI ARABIA AUTOMOTIVE LEAD ACID BATTERY MARKET FORECAST AND OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING
Table of Contents S. No. Contents 1. Product Overview 2. Research Methodology 3. Executive Summary 4. Impact of COVID-19 on Saudi Arabia Automotive Lead Acid Battery Market 5. Voice of Customer 5.1. Factors Influencing Purchase Decision 5.2. Brand Recall 5.3. Challenges/Issues Faced Post Purchase 6. Saudi Arabia Automotive Lead Acid Battery Market Outlook, 2017-2027F 6.1. Market Size & Forecast 6.1.1. By Value & Volume 6.2. Market Share & Forecast 6.2.1. By Vehicle Type (Passenger Car, LCV, M&HCV, OTR) 6.2.2. By Type (Starter Battery, EV Battery) 6.2.3. By Battery Capacity (Less than 50 Ah, 51-75 Ah, Above 75 Ah) 6.2.4. By Product Type (Dry Charge, Maintenance Free, Others) 6.2.5. By Region 6.2.6. By Company (2021) 6.3. Market Map (By Vehicle Type, By Type, By Battery Capacity, By Product Type, By Region) 2 2 © TechSci Research Automotive
Table of Contents S. No. Contents 7. Saudi Arabia Passenger Car Lead Acid Battery Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value & Volume 7.2. Market Share & Forecast 7.2.1. By Type 7.2.2. By Battery Capacity 7.2.3. By Product Type 8. Saudi Arabia LCV Lead Acid Battery Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value & Volume 8.2. Market Share & Forecast 8.2.1. By Type 8.2.2. By Battery Capacity 8.2.3. By Product Type 9. Saudi Arabia M&HCV Lead Acid Battery Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value & Volume 9.2. Market Share & Forecast 9.2.1. By Type 9.2.2. By Battery Capacity 9.2.3. By Product Type 3 3 © TechSci Research Automotive
Table of Contents S. No. Contents 10. Saudi Arabia OTR Lead Acid Battery Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value & Volume 10.2. Market Share & Forecast 10.2.1. By Type 10.2.2. By Battery Capacity 10.2.3. By Product Type 11. Market Dynamics 11.1. Drivers 11.2. Challenges 12. Market Trends and Developments 13. Policy and Regulatory Landscape 14. Saudi Arabia Economic Profile 15. Competitive Landscape 15.1. Middle East Battery Company 15.2. Exide Industries Ltd. 15.3. Hankook & Company Co., Ltd. 15.4. PT. Nipress, Tbk 4 4 © TechSci Research Automotive
Table of Contents S. No. Contents 15.5. Varta AG Group 15.6. CSB Energy Technology Co., Ltd. 15.7. Leoch International Technology Limited Inc 15.8. GS Yuasa International Ltd. 15.9. Robert Bosch Saudi Arabia Ltd. 15.10. Amara Raja Batteries Limited 16. Strategic Recommendations 17. About Us & Disclaimer 5 5 © TechSci Research Automotive
List of Figures Figure No. Title Saudi Arabia Automotive Lead Acid Battery Market Size, By Volume (Thousand Units) and Value (USD Million), 2017-2027F Figure 1: Saudi Arabia Automotive Lead Acid Battery Market Share, By Vehicle Type, By Volume, 2017-2027F Figure 2: Saudi Arabia Automotive Lead Acid Battery Market Share, By Type, By Volume, 2017-2027F Figure 3: Saudi Arabia Automotive Lead Acid Battery Market Share, By Battery Capacity, By Volume, 2017-2027F Figure 4: Saudi Arabia Automotive Lead Acid Battery Market Share, By Product Type, By Volume, 2017-2027F Figure 5: Saudi Arabia Automotive Lead Acid Battery Market Share, By Region, By Volume, 2017-2027F Figure 6: Saudi Arabia Automotive Lead Acid Battery Market Share, By Company, By Value, 2021 Figure 7: Saudi Arabia Automotive Lead Acid Battery Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%) Figure 8: Saudi Arabia Automotive Lead Acid Battery Market Map, By Type, Market Size (Thousand Units) & Growth Rate (%) Figure 9: Saudi Arabia Automotive Lead Acid Battery Market Map, By Battery Capacity, Market Size (Thousand Units) & Growth Rate (%) Figure 10: Saudi Arabia Automotive Lead Acid Battery Market Map, By Product Type, Market Size (Thousand Units) & Growth Rate (%) Figure 11: Saudi Arabia Automotive Lead Acid Battery Market Map, By Region, Market Size (Thousand Units) & Growth Rate (%) Figure 12: Saudi Arabia Passenger Car Lead Acid Battery Market Size, By Volume (Thousand Units) and Value (USD Million), 2017-2027F Figure 13: Saudi Arabia Passenger Car Lead Acid Battery Market Share, By Type, By Volume, 2017-2027F Figure 14: Saudi Arabia Passenger Car Lead Acid Battery Market Share, By Battery Capacity, By Volume, 2017-2027F Figure 15: 6 6 © TechSci Research Automotive
List of Figures Figure No. Title Saudi Arabia Passenger Car Lead Acid Battery Market Share, By Product Type, By Volume, 2017-2027F Figure 16: Saudi Arabia LCV Lead Acid Battery Market Size, By Volume (Thousand Units) and Value (USD Million), 2017-2027F Figure 17: Saudi Arabia LCV Lead Acid Battery Market Share, By Type, By Volume, 2017-2027F Figure 18: Saudi Arabia LCV Lead Acid Battery Market Share, By Battery Capacity, By Volume, 2017-2027F Figure 19: Saudi Arabia LCV Lead Acid Battery Market Share, By Product Type, By Volume, 2017-2027F Figure 20: Saudi Arabia M&HCV Lead Acid Battery Market Size, By Volume (Thousand Units) and Value (USD Million), 2017-2027F Figure 21: Saudi Arabia M&HCV Lead Acid Battery Market Share, By Type, By Volume, 2017-2027F Figure 22: Saudi Arabia M&HCV Lead Acid Battery Market Share, By Battery Capacity, By Volume, 2017-2027F Figure 23: Saudi Arabia M&HCV Lead Acid Battery Market Share, By Product Type, By Volume, 2017-2027F Figure 24: Saudi Arabia OTR Lead Acid Battery Market Size, By Volume (Thousand Units) and Value (USD Million), 2017-2027F Figure 25: Saudi Arabia OTR Lead Acid Battery Market Share, By Type, By Volume, 2017-2027F Figure 26: Saudi Arabia OTR Lead Acid Battery Market Share, By Battery Capacity, By Volume, 2017-2027F Figure 27: Saudi Arabia OTR Lead Acid Battery Market Share, By Product Type, By Volume, 2017-2027F Figure 28: 7 7 © TechSci Research Automotive
Scope of Report Product of Interest (POI): Automotive Lead Acid Battery The lead acid battery have the negative electrodes which are made up of porous and spongy lead. The positive and negative electrodes are made up of two different components such as the positive electrode, consisting of lead oxide and lead, which is porous to facilitate the formation and dissolution of lead. Both electrodes are immersed in an electrolytic solution of water and sulfuric acid. Market Segmentation BATTERY CAPACITY VEHICLE TYPE Year Range Passenger Car • Less than 50 Ah • LCV • 51-75 Ah • Review Period M&HCV • Above 75 Ah • 2017 – 2020 OTR • REGION Base Year TYPE Central Region • 2021 Starter Battery • Western Region • EV Battery • Estimated Year Eastern Region • PRODUCT TYPE 2022 Northern Region • Dry Charge • Southern Region • Forecast Period Maintenance Free • 2023 – 2027 Others • 9 9 © TechSci Research Automotive
Research Methodology Market Profiling Data Analysis Data Data Developing List of Respondents Formulating Questionnaire Collection Validation In-depth secondary research was conducted to determine top companies in Saudi Arabia automotive lead acid battery market, overall market size and segmental market size. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about Saudi Arabia automotive lead acid battery market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and top companies for data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of leading companies and industry specialists was developed. Primary Research Desk Research Company Analysis Actionable Insights ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Final Conclusion ✓ ✓ Data Filter & Analysis Business Solution Market Participants Key Strengths Research & Intelligence Data Collection ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc. Factiva Hoovers EMIS ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 11 11 © TechSci Research Automotive
Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of Saudi Arabia automotive lead acid • battery market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as replacement rate of lead acid battery, increasing demand for electric vehicles, etc. Moreover, the growing demand for automobiles would continue boosting the country’s automotive lead acid battery market. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in Saudi Arabia automotive lead acid battery market. Methodology Followed for Calculation of Market Size: Market Size by Value & Volume: Market size, in terms of value & volume, for the year 2021 was calculated based on • information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as automotive lead acid battery companies, distributors, suppliers, industry experts, and other industry participants. The team interviewed more than 20 automotive lead acid battery suppliers, 20 automotive lead acid battery • distributors/dealers, 20 industry experts and other value chain stakeholders in Saudi Arabia automotive lead acid battery market to obtain the overall market size between 2017 and 2021, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the historical market size. Respondents were asked about the current and future market growth rates, market shares by type, by vehicle type, by battery • capacity, by product type, by region and by company. Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from the response received from other stakeholders. 12 12 © TechSci Research Automotive
Research Methodology Methodology Followed for Calculation of Market Shares: Market shares by type, by vehicle type, by battery capacity, by product type, by region and by company were calculated based on • the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares, trends and recent developments in the Saudi Arabia automotive lead acid battery market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey • results. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast • Saudi Arabia automotive lead acid battery market, TechSci Research used various forecast techniques such as: Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis ✓ 13 13 © TechSci Research Automotive
Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million. Partial List of Companies Interviewed Key Secondary Sources Middle East Battery Company World Bank ▪ ▪ Exide Industries Ltd TechSci Research Proprietary Database & Knowledge ▪ ▪ Hankook & Company Co., Ltd. Repository ▪ PT. Nipress, Tbk Company Annual Reports ▪ ▪ Varta AG Group Industry Magazines ▪ ▪ CSB Energy Technology Co., Ltd. General Authority of Statistics ▪ ▪ Leoch International Technology Limited Inc OICA ▪ ▪ GS Yuasa International Ltd. Industry Reports ▪ ▪ Robert Bosch Saudi Arabia Ltd. News Dailies ▪ ▪ Amara Raja Batteries Limited Credible Paid Databases ▪ ▪ 14 14 © TechSci Research Automotive
Industry Brief Increasing food demand to drive growth of the Israel pesticides market in the forecast period. According to TechSci Research report, “Israel Pesticides Market – By Region, Forecast and Opportunities, 2018-2028”, the Israel pesticides market is anticipated to grow at a significant rate in the forecast period, 2024-2028. The extensive adoption rate of modern farming methods and policy support from government agencies in the region are the key factors driving the demand for the Israel pesticides market. Rapid rise in development of new and innovative technologies are helping to improve the yield as well as lifespan of crops. For instance, in 2022, Israeli firm, Shore’s company AgroScout has developed software that uses both AI and robotics to monitor crops in order to accurately plan processing and manufacturing operations. However, the increasing pesticide applications are causing threat to the human body, stringent government regulations and high R&D costs and extensive research required to generate new pesticides may hamper the growth of the market in the forecast period. The Israel pesticides market is segmented into type, form, product type, crop type, source, and region. Based on type, the market is divided into herbicides, insecticides, fungicides, and others. Based on herbicides, the market is further divided into active ingredient, form, product type, crop type, and source. Based on active ingredient, market is further sub-segmented into glyphosate, dicamba, 2,4-D, and others. Based on insecticides, the market is further divided into active ingredient, form, product type, crop type, and source. Based on active ingredient, market is further sub-segmented into dimethoate, cypermethrin, lambda- cyhalothrin, and others. Based on fungicides, the market is further divided into active ingredient, form, product type, crop type, and source. Based on active ingredient, market is further sub-segmented into propiconazole, epoxiconazole, tebuconazole, and others. The herbicides segment is likely to witness a rise over the forecast period. This is due to the higher utilization in agricultural lands. They are also used in wildland ecosystems and agriculture to reduce weeds. Based on form, the market is divided into liquid and dry. The dry form segment is projected to witness high growth over the upcoming years. This is ascribed to growing use of dry pesticides by the famers. Based on product type, the market is divided into chemical, and organic. Among them, the chemical segment is forecasted to growth at the significant rate. This is attributed to its effectiveness against specific pests. Based on crop type, the market is divided into oilseeds & pulses, grains & cereals, fruits & vegetables, and others. Grains & cereals segment is anticipated to grow during the forecast period. This is ascribed to the growing demand to increase food security, coupled with the onset of climate change. Based on source, the market is divided into domestic and import. Import segment is anticipated to grow during the forecast period. Major companies operating in Israel pesticides market are Grow Group Israel Limited, BioCloud Ltd, Stockton (Israel) Ltd., Adama Agricultural Solutions Ltd., FortePhest Ltd. “Israel is expected to witness a significant growth in the upcoming years due to increasing government support to agricultural development. Also, owing to the surge in food demand, farmers are using pesticides to increase the agricultural yields. Growing advancements in farming practices and technologies and rising awareness among masses in the country is driving the Israel pesticides market which is expected to grow through 2028” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm. 15 15 © TechSci Research Automotive
Sample Data - Snapshot Saudi Arabia Automotive Lead Acid Battery Market Size, By Volume (Thousand Units) and Value (USD Million), 2017-2027F CAGR 2017-2021 By Volume: 5.81% By Value: xx% CAGR 2022E-2027F By Volume: 7.06% By Value: xx% 2017 2018 2019 2020 2021 2022E 2023F 2024F 2025F 2026F 2027F Volume (Thousand Units) Value (USD Million) Saudi Arabia Passenger Car Lead Acid Battery Market Share, By Type, By Volume, 2017-2027F 2017 40.00% 60.00% 2018 40.00% 60.00% 2019 40.00% 60.00% 2020 40.00% 60.00% 2021 40.00% 60.00% 2022E 40.00% 60.00% 2023F 40.00% 60.00% 2024F 40.00% 60.00% 2025F 40.00% 60.00% 2026F 40.00% 60.00% 2027F 40.00% 60.00% Starter Battery EV Battery Saudi Arabia Passenger Car Lead Acid Battery Market Share, By Product Type, By Volume, 2017-2027F 2017 2018 20.00% 30.00% 50.00% 2019 20.00% 30.00% 50.00% 2020 20.00% 30.00% 50.00% 2021 20.00% 30.00% 50.00% 2022E 20.00% 30.00% 50.00% 2023F 20.00% 30.00% 50.00% 2024F 20.00% 30.00% 50.00% 2025F 20.00% 30.00% 50.00% 2026F 20.00% 30.00% 50.00% 2027F 20.00% 30.00% 50.00% Maintenance Free 20.00% Dry Charge Others 30.00% 50.00% 16 16 © TechSci Research Automotive
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