SLI Battery Market Segmentation:
End-User
The automotive segment is slated to account for 38% share of the global SLI battery market by 2035, impelled by the rising demand for automobiles. In 2021, the world manufactured 79.1 million motor vehicles. In 2020, China, Japan, and Germany were the top three makers of automobiles and commercial vehicles. SLI battery is an important part of a vehicle’s electrical system, as it provides the necessary power to start the engines and operate the electrical systems. SLI batteries are not used in electric vehicles, as these batteries are relatively heavy and would add unwanted weight to an EV, thus impacting its performance and range.
Application
The portable segment in the SLI battery market is set to account for a significant share of around 46% by 2035, driven by the rising use of mobile phones and other small electrical devices. Portable SLI battery are used to kick-start the electrical devices. Moreover, they are also used as a source of power backup during emergencies. In India, there are nearly 25 million houses in the rural region that are living with the power.
Our in-depth analysis of the global market includes the following segments:
|
Type |
|
|
Sales Channel |
|
|
Application |
|
|
End User |
|
