European Automotive Start-Stop Battery Market to hit $3 billion by 2025: Global Market Insights, Inc.

The UK automotive start-stop battery market exceeded USD 300 million in 2018 and is expected to achieve significant growth up to 225, owing to increasing initiatives to curb pollution levels across urban areas.


Selbyville, Delaware, Sept. 16, 2019 (GLOBE NEWSWIRE) -- Turkey start stop battery market is set witness strong on account of strong macro-economic growth coupled with rising per capita income. Cost competitive labor workforce, strong incentive support toward automobile industry and increasing production of vehicles will strengthen product adoption. In addition, strong presence of research & development centers of multiple OEM’s including Daimler, Ford and Fiat has increased the adoption of new technologies in vehicles which in turn will augment the industry outlook.

Passenger vehicle start-stop battery market anticipated to grow on account of growing deployment of start-stop technology across multiple automobile platforms coupled with high penetration of PV across the motor vehicle segment. In addition, supportive government policies along with growing R&D investments aimed toward the manufacturing of environmentally compliant vehicles will further enhance the industry outlook.

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The Europe Automotive Start-Stop Battery Market is set to exceed USD 3 billion by 2025, as reported in the latest study by Global Market Insights, Inc. Introduction of stern air pollution regulations on account of rising emission levels from automobiles coupled with increasing demand for fuel efficient automobiles will drive the industry growth. Shifting consumer preferences toward adoption of vehicles with low environmental impact along with ongoing initiatives aimed at decarbonization & electrification of the European economy will complement the product demand.

Increasing implementation of advanced vehicle technologies along with growing demand for automobiles owing to positive inclination toward personal mobility will boost the product demand. Growing integration of start-stop technology and regenerative braking systems across automobiles to optimize fuel consumption will positively influence the business landscape. Low raw material costs, easy availability of lead and strong engineering expertise are some of the key features favoring the installation of lead-based stop-start battery systems.

AGM start-stop battery market size will witness strong growth owing to their ability to deliver superior cranking performance and reliable & safe operations during harsh weather conditions. In addition, surging demand for premium range automobiles along with growing installation of additional electrical and electronic equipment in vehicles will favor the adoption of these units.

Browse key industry insights spread across 240 pages with 324 market data tables & 40 figures & charts from the report, “Europe Automotive Start-Stop Battery Market By Battery (AGM, EFB), By Vehicle (Conventional, HEV), By End Use (Passenger Vehicles, Light Commercial Vehicles)Industry Analysis Report, Country Outlook (Germany, UK, France, Italy, Russia, Spain, Belgium, Netherlands, Poland, Turkey, Ukraine, Sweden, Austria, Switzerland, Czech Republic, Denmark, Romania, Portugal, Hungary) Application Potential, Competitive Market Share & Forecast, 2019 - 2025” in detail along with the table of contents:    

https://www.gminsights.com/industry-analysis/europe-automotive-start-stop-battery-market

Hybrid electric vehicle (HEV) start-stop battery market will grow on account of increasing efforts toward the hybridization and electrification of the vehicle powertrain along with ongoing initiatives toward cost effective manufacturing of automobiles. Furthermore, growing tax benefits & subsidy programs will boost the adoption of hybrid automobiles which in turn will positively impact the product demand.

Enhanced Flooded Battery (EFB) is anticipated to witness growth on account of their ability to demonstrate superior charge acceptance and enhanced deep cycle resistance. In addition, steady sales of medium-range and compact vehicle segments will further fuel the product demand over the forecast timeline.

Notable industry participants in Europe automotive start-stop battery market comprise of Mutlu, Erdil Battery, FIAMM Energy, XS Power, Banner Battery, NorthStar, Braille Battery, GS Yuasa, Crown Battery, Trojan Battery, Clarios, U.S. Battery, Enersys, East Penn, and Exide Technologies amongst others.   

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


            

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