Vehicle Battery Market

Vehicle Battery Market

Global Industry Analysis (2019 - 2020) - Growth Trends and Market Forecast (2021 - 2030)

Published Date: Jan 2021 | Format: | No. of Pages: 204

Industry: Automotive & Transport | Author Name: Chetan

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FAQ : Vehicle Battery Market

OE market continues to grow with rising sales, launch of newer models, evolving demographic, and economic factors. Environmental regulations aimed at curbing carbon emissions, and government support for the same are propelling the global vehicle battery market.

Global vehicle battery market is likely to touch US$43.49 Bn by 2030.

Vehicle battery demand will grow substantially in both Asia Pacific and the North American region during the forecast period.

The major players, Ford Motors, General Motors, and Volkswagen held a 45% share in the global vehicle battery market in 2019.

Fairfield Market Research projects a CAGR 4.64% growth until 2030.
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