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. At present, the vehicles are becoming more electrified and autonomous, the future of vehicle technology is getting evolved. Companies like Clarios have developed a 12-volt advanced lead-acid battery which would be a part of changing future vehicle technology. The 12-volt battery is important to evolving vehicle technologies and AGM technology is a preferred battery choice. The technology provides higher reliability and better performance for fulfilling rising power demands. Thus, emergence of 12-volt lead acid batteries would be a key enable in promoting the market growth.
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
North American Automotive Lead-Acid Battery Market Overview
North America remains a key market for lead-acid battery manufacturers, driven by its robust automotive industry. The region is home to major car manufacturers and boasts the largest vehicle market. The increasing supply of passenger cars and light commercial vehicles, along with a growing vehicle parc, continues to fuel demand for lead-acid batteries. In 2020, the U.S. automotive industry delivered approximately 14.5 million light vehicle units, including around 3.4 million cars and over 11 million light trucks sold at retail. The steady rise in vehicle sales, particularly in developed economies like the United States and Canada, remains a primary growth driver for the lead-acid battery market.
Additionally, the increasing adoption of electric vehicles (EVs) and e-bikes, aimed at improving living standards and raising income levels, is significantly impacting demand. Moreover, advancements in battery technology, spurred by the automotive sector’s continued investment in research and development, are expected to further accelerate market growth over the forecast period.
Impact of COVID-19 on the North American Automotive Lead-Acid Battery Market
The COVID-19 pandemic severely impacted the North American automotive industry, with the U.S. being the hardest-hit country, reporting approximately 30.5 million cases as of March 2021. Government-imposed lockdowns disrupted supply chains, shut down manufacturing plants, and slowed operations across municipalities. The automotive and semiconductor industries came to a standstill, negatively affecting the automotive lead-acid battery market.
While Canada and Mexico experienced fewer cases than the U.S., their industries also faced significant slowdowns. Despite these short-term disruptions, the automotive sector is expected to recover, with vehicle sales rebounding in 2021, largely due to continued promotions by major manufacturers.
Strategic Insights for the North American Automotive Lead-Acid Battery Market
Strategic insights into the North American automotive lead-acid battery market provide data-driven analysis of industry trends, key players, and regional dynamics. These insights enable businesses to identify untapped opportunities, develop unique value propositions, and gain a competitive edge. By leveraging data analytics, stakeholders—including investors, manufacturers, and suppliers—can anticipate market shifts and align their strategies for long-term success.
A forward-looking approach is crucial in this evolving landscape, helping industry participants adapt to changing demand patterns and technological advancements. Ultimately, well-informed strategic decisions will drive profitability and position businesses for sustained growth in the North American automotive lead-acid battery market.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights