The automotive lead acid battery market in North America is expected to grow from US$ 3,669.33 million in 2021 to US$ 4,809.34 million by 2028; it is estimated to grow at a CAGR of 3.9% from 2021 to 2028.
The Future of Vehicle Technology: Electrification, Autonomy, and Advanced Lead-Acid Batteries
The automotive industry is undergoing a significant transformation, with vehicles becoming increasingly electrified and autonomous. As this evolution progresses, advanced battery technologies are playing a crucial role in shaping the future of mobility. Companies like Clarios are at the forefront of this shift, developing innovative 12-volt advanced lead-acid batteries designed to meet the growing power demands of modern vehicles. Among these, Absorbent Glass Mat (AGM) technology has emerged as a preferred choice, offering superior reliability and performance. The rise of 12-volt lead-acid batteries is expected to be a key driver in North America Automotive Lead Acid Battery Market growth, supporting the integration of advanced vehicle technologies.
North America Automotive Lead Acid Battery Market Overview: North America Leads Demand
North America remains a dominant market for lead-acid battery manufacturers, largely due to its robust automotive industry, which is home to many leading vehicle manufacturers. The region’s high production and ownership of passenger cars and light commercial vehicles continue to fuel demand. For example, in 2020, the U.S. automotive industry sold approximately 14.5 million light vehicles, including 3.4 million cars and over 11 million light trucks.
Several factors are contributing to this demand, including:
- Rising vehicle sales, particularly in developed economies like the U.S. and Canada.
- Growing adoption of electric vehicles (EVs) and e-bikes, driven by improving living standards and higher disposable incomes.
- Increased research and development efforts by automakers to enhance battery performance and efficiency.
Impact of COVID-19 on the North America Automotive Lead Acid Battery Market
The pandemic significantly disrupted industries worldwide, and North America was no exception. The U.S., the hardest-hit country in the region, recorded approximately 30.5 million COVID-19 cases by March 2021. Government-imposed lockdowns led to widespread shutdowns of manufacturing plants, reduced municipal operations, and temporary halts in the automotive and semiconductor sectors—all of which negatively affected the North America Automotive Lead Acid Battery Market.
While Canada and Mexico experienced fewer cases than the U.S., their manufacturing and automotive sectors also faced slowdowns, further impacting battery demand. However, the short-term effects of the pandemic are not expected to hinder long-term market recovery. With automakers continuing to promote passenger vehicles and the gradual resumption of industrial activities, the North America Automotive Lead Acid Battery Market is poised for a rebound in 2021 and beyond.
As vehicle technology continues to evolve, the role of advanced lead-acid batteries—particularly 12-volt AGM systems—will remain critical in meeting the power demands of next-generation automobiles.
North America Automotive Lead Acid Battery Market Segmentation
North America Automotive Lead Acid Battery Market -By Product
- SLI
- Micro Hybrid Batteries
North America Automotive Lead Acid Battery Market – By Type
- Flooded
- Enhanced Flooded
- VRLA
North America Automotive Lead Acid Battery Market – By End User
- Passenger Cars
- LCV
- M&HCV
North America Automotive Lead Acid Battery Market – By Country
- US
- Canada
- Mexico
North America Automotive Lead Acid Battery Market – Company Profiles
- Clarios
- CSB Energy Technology Co., Ltd.
- East Penn Manufacturing Company
- EnerSys
- Exide Industries Limited
- GS Yuasa International Ltd.
- Johnson Controls, Inc.
- leoch International Technology Limited Inc
- Panasonic Corporation
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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights