Automotive Battery Plate Market .pdf
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Automotive Battery Plate Market – Global Industry
Analysis Report, Share, Growth, Price Trends and
Forecast, 2024: Global Market Insights Inc.
The global Automotive Battery Plate Market share report provides numbers for
applications and regional segments of the industry covering historical as well as
forecast data for decision makers. Increasing investments in battery cell production
to minimize fuel consumption and increase its life span may enhance the automotive
battery plate market. For instance, Nissan and Tesla are heavily investing to upgrade
Rising environmental concerns is spurring the demand for plug-in hybrid electric
vehicles and electric vehicles in many regions to reduce the carbon footprint. Rising
production of electric powertrains across the world will strengthen the industry
position. High adoption rate for electric vehicles will enhance the aftermarket
demand for the product as well.
Lithium ion is the most widely used chemical in the existing products. The plates
immersed in acids reacts and generates electricity. Over a time period the battery
loses water and leads to warpage of the plates. When the driver starts engine, heavy
power demand may cause the warped plates to spark thereby leading to automobile
explosion. The National Highway Traffic Safety Administration (NHTSA) observed
many injuries due to several similar explosions.
Technological advancements may enhance the technical specifications of the battery
plate used in automobiles to offer light weight model, low cost, and long sustainability
in chemicals. For instance, ElectriPlast bi-polar plate will serve the purpose of high
performance, cost efficiency, and efficacy. The added features include high
temperature stand loss, capacity at rate, and life cycle. Servo mount and carbon fibre
battery plate offer improved specifications. These enhanced features of the product
may spur the demand for automotive battery plate market globally.
Necessary standards are to be maintained by the manufacturers to supply the
products to automobile vendors and dealers for aftermarket. CCA readings are
measured as per number of international standards such as EN, DIN, SAE, and IEC.
In EN 50342 standard two requirements are EN1 & EN2 indicating conductance
testers are calibrated. Safety concerns taken into consideration may give growth
opportunity for the automotive battery plate market size.
The product is used with batteries such as lithium ion, solid state, Nickel cadmium,
nickel metal hydride, aluminum ion, lithium sulfur, and metal air. Lithium ion is
majorly used in electric vehicles and estimated to remain dominant during the
projected time frame. Solid state provides advantages such as flame resistance,
extended lifetime, less need for expensive & bulky cooling, and operate in high
Asia Pacific is the largest auto industry in the world. In China, the industry growth is
attributed to its huge population coupled with rising per capita income for personal
transportation that cannot be met using traditional technologies. The vehicle
production is expected to grow over 40 million by 2025. China holds the largest
automotive battery plate market owing to increasing adoption rate for electric
vehicles and hybrid electric vehicles.
Players of the automotive battery plate market are Everlite, Exide technologies,
Amtek Batteries, V.B. Corporation, ElectriPlast Corp., and NIPPON DENSO.
For instance, in April 2017, Exide technologies launched GNB Marathon FPX flat
battery plate and is available with dealers across North America. Aftermarket
demand for the product is observed owing to its shorter lifespan. The regular
inspection, testing, and charging of the product may increase its longevity.
Browse Related Report:
Automotive Aftermarket Size By Vehicle Part (Replacement Parts [Belt, Brake,
Clutch, Lighting, Electrical, Engine & AC, Exhaust, Filters, Suspension,
Transmission, Wiper], Accessories), By Sales Outlet (Professional [Garages &
Service Stations, Automobile Dealerships, Government], DIY, OEM), By Region
(U.S., Canada, Germany, UK, Russia, China, India, South Korea, Japan, Indonesia,
Thailand, Brazil, Mexico, Argentina, South Africa, GCC), Industry Analysis Report,
Regional Outlook, Application Growth Potential, Price Trends & Forecast, 2016 –
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
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research reports offer clients with penetrative insights and actionable market data
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