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Global Automotive Battery Market Analysis: Future Growth Trends & Opportunities

Discover the latest trends and opportunities in the automotive battery market. Learn how electronic components in vehicles drive market growth, particularly in electric vehicles with lithium-ion batteries. Forecast projects a USD 23.5 billion market by 2024.

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Global Automotive Battery Market Analysis: Future Growth Trends & Opportunities

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  1. Global Automotive Battery Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 Report Code : AM1004 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 www.goldsteinresearch.com sales@goldsteinresearch.com

  2. Global Automotive Battery Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 Automotive Battery Market Growing number of electronic components in automobiles is recognized as one of the primary growth factors for automotive battery market. Passenger cars witnessed the high adoption of electronic solutions such as safety, comfort, infotainment systems on the back of technological advancements. This has significantly triggered the development of efficient and advanced battery technologies, which is driving the growth of automotive battery industry. Lithium-ion batteries are playing an important role in development of electric vehicle industry and are used in majority of electric vehicles, and it is likely to remain dominant over the forecast period. Several electric vehicle manufacturers such as Tesla and Nissan have invested heavily in this technology. Such capital investment and R&D activities will further propel the growth of automotive battery market growth. Goldstein Research analyst forecast global automotive battery market is likely to boom with the emergence of electric vehicles in coming years. Further, the market is anticipated to reach USD 23.5 billion at a CAGR of 5.7% over the forecast period as advancements in batteries will transform the transportation industry in coming years.

  3. Global Automotive Battery Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 • Market Segmentation • By Product Type • Lead-acid Battery  • Nickel Metal-Hydride Battery  • Lithium-ion Battery  • By Vehicle Type • Passenger Cars • Commercial Vehicles • Two-Wheelers • By Distribution Channel • OEMs (Original Equipment Manufacturers) • Aftermarket • Request For Sample @ https://www.goldsteinresearch.com/request-sample/global-automotive-battery-market Sample Request

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