LUCINTEL FORECASTS THE GLOBAL AUTOMOTIVE BATTERY PLATE MARKET IS EXPECTED TO GROW WITH A CAGR OF 9.8% FROM 2025 TO 2031

Lucintel Forecasts the Global Automotive Battery Plate Market is expected to grow with a CAGR of 9.8% from 2025 to 2031

Lucintel Forecasts the Global Automotive Battery Plate Market is expected to grow with a CAGR of 9.8% from 2025 to 2031

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According to a market report by Lucintel, the future of the global automotive battery plate market looks promising with opportunities in the lead acid battery and lithium ion battery markets. The global automotive battery plate market is expected to grow with a CAGR of 9.8% from 2025 to 2031. The major drivers for this market are the increase in demand for electric vehicles, the rising need for efficient battery plates, and the growing adoption of renewable energy sources.

A more than 150-page report to understand trends, opportunity and forecast in automotive battery plate market to 2030 by type (lead acid battery, lithium ion battery, and others), application (oems and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the application category, oem is expected to witness higher growth over the forecast period due to the growing demand for advanced battery systems.

Within the type category, lithium ion battery is expected to witness higher growth due to the increase in demand for longer battery life.

Download sample by clicking on automotive battery plate market

In terms of region, APAC is expected to witness the highest growth over the forecast period due to the rise in electric vehicle production.

Amtek Batteries, V.B. Corporation, Spark Battery Industries, Inzen Power, ZEN BATTERIES, Chilwee Group, Microvast, CATL, Desay, Lithiumforceare the major suppliers in the automotive battery plate market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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