Zion Market Research Global Automotive Battery Market Size, 2015–2021 | Page 2
Automotive Battery Market
Zion Market Research, the market research group announced the analysis report titled ‘Automotive
Battery Market: Global Industry Size, Share and Trends Analysis and Forecast, 2015-2021’
An automotive battery is a battery that supplies electric energy to automobiles. It is also widely
known as “rechargeable battery”. Automotive batteries are mainly used for SLI (starting, lighting,
and ignition) systems and their main purpose is to start the system. Apart from starting the engine,
automotive batteries supply the extra power required when the vehicle’s electrical requirements
exceed the supply from the charging system. Moreover, it is a stabilizer that balances potentially
damaging voltage spikes.
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The global automotive battery market is proving its dominance in the vehicle market owing to its
increasing demand for batteries. These batteries serve numerous automotive applications. Rising
demand for hybrid, semi-hybrid and fully electric vehicles will the growth of automotive vehicles
market in a positive way in the near future. In addition, the new trend of providing latest vehicles
with start–stop batteries will further boost the growth of the global market. Owing to the
developments in the automotive batteries, the adoption rate of these batteries is increasing in