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Batteries for Commercial Vehicle-Global Market Insights and Sales Trends 2025
Synopsis
Batteries for commercial vehicles need to be exceptionally durable, reliable and powerful.
The global Batteries for Commercial Vehicle market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Batteries for Commercial Vehicle in various end use industries. The expanding demands from the Heavy Commercial Vehicle and Light Commercial Vehicle, are propelling Batteries for Commercial Vehicle market. Flooded Lead-acid Batteries, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Absorbent Glass Mat Batteries segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Batteries for Commercial Vehicle, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Batteries for Commercial Vehicle market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Batteries for Commercial Vehicle market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Batteries for Commercial Vehicle sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Batteries for Commercial Vehicle covered in this report include Exide Technologies, Varta, Bosch, Johnson Controls, GS Yuasa, Sebang Global Battery, Hitachi Chemical, Amara Raja Batteries and ATLASBX, etc.
The global Batteries for Commercial Vehicle market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Exide Technologies
Varta
Bosch
Johnson Controls
GS Yuasa
Sebang Global Battery
Hitachi Chemical
Amara Raja Batteries
ATLASBX
Nipress
Leoch
Furukawa Battery
Global Batteries for Commercial Vehicle market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Batteries for Commercial Vehicle market, Segment by Type:
Flooded Lead-acid Batteries
Absorbent Glass Mat Batteries
Global Batteries for Commercial Vehicle market, by Application
Heavy Commercial Vehicle
Light Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Batteries for Commercial Vehicle manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Batteries for Commercial Vehicle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Batteries for commercial vehicles need to be exceptionally durable, reliable and powerful.
The global Batteries for Commercial Vehicle market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Batteries for Commercial Vehicle in various end use industries. The expanding demands from the Heavy Commercial Vehicle and Light Commercial Vehicle, are propelling Batteries for Commercial Vehicle market. Flooded Lead-acid Batteries, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Absorbent Glass Mat Batteries segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Batteries for Commercial Vehicle, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Batteries for Commercial Vehicle market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Batteries for Commercial Vehicle market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Batteries for Commercial Vehicle sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Batteries for Commercial Vehicle covered in this report include Exide Technologies, Varta, Bosch, Johnson Controls, GS Yuasa, Sebang Global Battery, Hitachi Chemical, Amara Raja Batteries and ATLASBX, etc.
The global Batteries for Commercial Vehicle market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Exide Technologies
Varta
Bosch
Johnson Controls
GS Yuasa
Sebang Global Battery
Hitachi Chemical
Amara Raja Batteries
ATLASBX
Nipress
Leoch
Furukawa Battery
Global Batteries for Commercial Vehicle market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Batteries for Commercial Vehicle market, Segment by Type:
Flooded Lead-acid Batteries
Absorbent Glass Mat Batteries
Global Batteries for Commercial Vehicle market, by Application
Heavy Commercial Vehicle
Light Commercial Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Batteries for Commercial Vehicle manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Batteries for Commercial Vehicle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Batteries for Commercial Vehicle Market Overview
1.1 Batteries for Commercial Vehicle Product Overview
1.2 Batteries for Commercial Vehicle Market Segment by Type
1.2.1 Flooded Lead-acid Batteries
1.2.2 Absorbent Glass Mat Batteries
1.3 Global Batteries for Commercial Vehicle Market Size by Type
1.3.1 Global Batteries for Commercial Vehicle Market Size Overview by Type (2018-2029)
1.3.2 Global Batteries for Commercial Vehicle Historic Market Size Review by Type (2018-2023)
1.3.3 Global Batteries for Commercial Vehicle Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Batteries for Commercial Vehicle Sales Breakdown by Type (2018-2023)
1.4.2 Europe Batteries for Commercial Vehicle Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Batteries for Commercial Vehicle Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Batteries for Commercial Vehicle Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Batteries for Commercial Vehicle Sales Breakdown by Type (2018-2023)
2 Global Batteries for Commercial Vehicle Market Competition by Company
2.1 Global Top Players by Batteries for Commercial Vehicle Sales (2018-2023)
2.2 Global Top Players by Batteries for Commercial Vehicle Revenue (2018-2023)
2.3 Global Top Players by Batteries for Commercial Vehicle Price (2018-2023)
2.4 Global Top Manufacturers Batteries for Commercial Vehicle Manufacturing Base Distribution, Sales Area, Product Type
2.5 Batteries for Commercial Vehicle Market Competitive Situation and Trends
2.5.1 Batteries for Commercial Vehicle Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Batteries for Commercial Vehicle Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Batteries for Commercial Vehicle as of 2022)
2.7 Date of Key Manufacturers Enter into Batteries for Commercial Vehicle Market
2.8 Key Manufacturers Batteries for Commercial Vehicle Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Batteries for Commercial Vehicle Status and Outlook by Region
3.1 Global Batteries for Commercial Vehicle Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Batteries for Commercial Vehicle Historic Market Size by Region
3.2.1 Global Batteries for Commercial Vehicle Sales in Volume by Region (2018-2023)
3.2.2 Global Batteries for Commercial Vehicle Sales in Value by Region (2018-2023)
3.2.3 Global Batteries for Commercial Vehicle Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Batteries for Commercial Vehicle Forecasted Market Size by Region
3.3.1 Global Batteries for Commercial Vehicle Sales in Volume by Region (2024-2029)
3.3.2 Global Batteries for Commercial Vehicle Sales in Value by Region (2024-2029)
3.3.3 Global Batteries for Commercial Vehicle Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Batteries for Commercial Vehicle by Application
4.1 Batteries for Commercial Vehicle Market Segment by Application
4.1.1 Heavy Commercial Vehicle
4.1.2 Light Commercial Vehicle
4.2 Global Batteries for Commercial Vehicle Market Size by Application
4.2.1 Global Batteries for Commercial Vehicle Market Size Overview by Application (2018-2029)
4.2.2 Global Batteries for Commercial Vehicle Historic Market Size Review by Application (2018-2023)
4.2.3 Global Batteries for Commercial Vehicle Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Batteries for Commercial Vehicle Sales Breakdown by Application (2018-2023)
4.3.2 Europe Batteries for Commercial Vehicle Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Batteries for Commercial Vehicle Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Batteries for Commercial Vehicle Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Batteries for Commercial Vehicle Sales Breakdown by Application (2018-2023)
5 North America Batteries for Commercial Vehicle by Country
5.1 North America Batteries for Commercial Vehicle Historic Market Size by Country
5.1.1 North America Batteries for Commercial Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Batteries for Commercial Vehicle Sales in Volume by Country (2018-2023)
5.1.3 North America Batteries for Commercial Vehicle Sales in Value by Country (2018-2023)
5.2 North America Batteries for Commercial Vehicle Forecasted Market Size by Country
5.2.1 North America Batteries for Commercial Vehicle Sales in Volume by Country (2024-2029)
5.2.2 North America Batteries for Commercial Vehicle Sales in Value by Country (2024-2029)
6 Europe Batteries for Commercial Vehicle by Country
6.1 Europe Batteries for Commercial Vehicle Historic Market Size by Country
6.1.1 Europe Batteries for Commercial Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Batteries for Commercial Vehicle Sales in Volume by Country (2018-2023)
6.1.3 Europe Batteries for Commercial Vehicle Sales in Value by Country (2018-2023)
6.2 Europe Batteries for Commercial Vehicle Forecasted Market Size by Country
6.2.1 Europe Batteries for Commercial Vehicle Sales in Volume by Country (2024-2029)
6.2.2 Europe Batteries for Commercial Vehicle Sales in Value by Country (2024-2029)
7 Asia-Pacific Batteries for Commercial Vehicle by Region
7.1 Asia-Pacific Batteries for Commercial Vehicle Historic Market Size by Region
7.1.1 Asia-Pacific Batteries for Commercial Vehicle Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Batteries for Commercial Vehicle Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Batteries for Commercial Vehicle Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Batteries for Commercial Vehicle Forecasted Market Size by Region
7.2.1 Asia-Pacific Batteries for Commercial Vehicle Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Batteries for Commercial Vehicle Sales in Value by Region (2024-2029)
8 Latin America Batteries for Commercial Vehicle by Country
8.1 Latin America Batteries for Commercial Vehicle Historic Market Size by Country
8.1.1 Latin America Batteries for Commercial Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Batteries for Commercial Vehicle Sales in Volume by Country (2018-2023)
8.1.3 Latin America Batteries for Commercial Vehicle Sales in Value by Country (2018-2023)
8.2 Latin America Batteries for Commercial Vehicle Forecasted Market Size by Country
8.2.1 Latin America Batteries for Commercial Vehicle Sales in Volume by Country (2024-2029)
8.2.2 Latin America Batteries for Commercial Vehicle Sales in Value by Country (2024-2029)
9 Middle East and Africa Batteries for Commercial Vehicle by Country
9.1 Middle East and Africa Batteries for Commercial Vehicle Historic Market Size by Country
9.1.1 Middle East and Africa Batteries for Commercial Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Batteries for Commercial Vehicle Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Batteries for Commercial Vehicle Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Batteries for Commercial Vehicle Forecasted Market Size by Country
9.2.1 Middle East and Africa Batteries for Commercial Vehicle Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Batteries for Commercial Vehicle Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Exide Technologies
10.1.1 Exide Technologies Company Information
10.1.2 Exide Technologies Introduction and Business Overview
10.1.3 Exide Technologies Batteries for Commercial Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Exide Technologies Batteries for Commercial Vehicle Products Offered
10.1.5 Exide Technologies Recent Development
10.2 Varta
10.2.1 Varta Company Information
10.2.2 Varta Introduction and Business Overview
10.2.3 Varta Batteries for Commercial Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Varta Batteries for Commercial Vehicle Products Offered
10.2.5 Varta Recent Development
10.3 Bosch
10.3.1 Bosch Company Information
10.3.2 Bosch Introduction and Business Overview
10.3.3 Bosch Batteries for Commercial Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Bosch Batteries for Commercial Vehicle Products Offered
10.3.5 Bosch Recent Development
10.4 Johnson Controls
10.4.1 Johnson Controls Company Information
10.4.2 Johnson Controls Introduction and Business Overview
10.4.3 Johnson Controls Batteries for Commercial Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Johnson Controls Batteries for Commercial Vehicle Products Offered
10.4.5 Johnson Controls Recent Development
10.5 GS Yuasa
10.5.1 GS Yuasa Company Information
10.5.2 GS Yuasa Introduction and Business Overview
10.5.3 GS Yuasa Batteries for Commercial Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.5.4 GS Yuasa Batteries for Commercial Vehicle Products Offered
10.5.5 GS Yuasa Recent Development
10.6 Sebang Global Battery
10.6.1 Sebang Global Battery Company Information
10.6.2 Sebang Global Battery Introduction and Business Overview
10.6.3 Sebang Global Battery Batteries for Commercial Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Sebang Global Battery Batteries for Commercial Vehicle Products Offered
10.6.5 Sebang Global Battery Recent Development
10.7 Hitachi Chemical
10.7.1 Hitachi Chemical Company Information
10.7.2 Hitachi Chemical Introduction and Business Overview
10.7.3 Hitachi Chemical Batteries for Commercial Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Hitachi Chemical Batteries for Commercial Vehicle Products Offered
10.7.5 Hitachi Chemical Recent Development
10.8 Amara Raja Batteries
10.8.1 Amara Raja Batteries Company Information
10.8.2 Amara Raja Batteries Introduction and Business Overview
10.8.3 Amara Raja Batteries Batteries for Commercial Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Amara Raja Batteries Batteries for Commercial Vehicle Products Offered
10.8.5 Amara Raja Batteries Recent Development
10.9 ATLASBX
10.9.1 ATLASBX Company Information
10.9.2 ATLASBX Introduction and Business Overview
10.9.3 ATLASBX Batteries for Commercial Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.9.4 ATLASBX Batteries for Commercial Vehicle Products Offered
10.9.5 ATLASBX Recent Development
10.10 Nipress
10.10.1 Nipress Company Information
10.10.2 Nipress Introduction and Business Overview
10.10.3 Nipress Batteries for Commercial Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Nipress Batteries for Commercial Vehicle Products Offered
10.10.5 Nipress Recent Development
10.11 Leoch
10.11.1 Leoch Company Information
10.11.2 Leoch Introduction and Business Overview
10.11.3 Leoch Batteries for Commercial Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Leoch Batteries for Commercial Vehicle Products Offered
10.11.5 Leoch Recent Development
10.12 Furukawa Battery
10.12.1 Furukawa Battery Company Information
10.12.2 Furukawa Battery Introduction and Business Overview
10.12.3 Furukawa Battery Batteries for Commercial Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Furukawa Battery Batteries for Commercial Vehicle Products Offered
10.12.5 Furukawa Battery Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Batteries for Commercial Vehicle Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Batteries for Commercial Vehicle Industrial Chain Analysis
11.4 Batteries for Commercial Vehicle Market Dynamics
11.4.1 Batteries for Commercial Vehicle Industry Trends
11.4.2 Batteries for Commercial Vehicle Market Drivers
11.4.3 Batteries for Commercial Vehicle Market Challenges
11.4.4 Batteries for Commercial Vehicle Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Batteries for Commercial Vehicle Distributors
12.3 Batteries for Commercial Vehicle Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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