What is the size of the Auxillary Automotive Battery Market?

The Global Auxillary Automotive Battery Market was projected to be $4.5 billion in 2022, and by 2030 it is anticipated to be worth $6.75 billion. The market is estimated to expand at a CAGR of 5.2% between 2023 and 2030.

What market factors are the primary auxiliary automotive battery drivers?

The increased demand for hybrid and electric cars, the adoption of start-stop systems, and the expanding need for better battery technologies are the main factors driving the auxiliary automotive battery market.

What are the market's biggest obstacles to auxiliary automotive batteries?

The high cost of cutting-edge battery technologies, the requirement for infrastructure development to support electric and hybrid cars, and the danger of battery fires and explosions are the key obstacles facing the auxiliary automotive battery industry.

What is an auxiliary automotive battery?

While the engine is not running, an auxiliary automotive battery is used to power the car's electrical systems, including the radio, lights, and air conditioning. When the primary battery fails, these batteries are also utilised to supply extra power to start the engine.

Who are the top players in the auxiliary automotive battery market?

The top players in the auxiliary automotive battery market include A123 Systems LLC, East Penn Manufacturing Co., EnerSys, Exide Technologies, GS Yuasa Corporation, Johnson Controls International plc, Panasonic Corporation, Saft Groupe S.A., Samsung SDI Co., Ltd., and VARTA AG.