Global Start-stop Batteries Market is valued to reach USD 26 Billion by 2025, growing at CAGR of 20.2% from 2020–2026. Growing demand by automotive manufacturers to reduce the CO2 emission, reduce the fuel consumption, increases the efficiency, increasing fuel savings and reduce harmful emissions coupled with strict auto emission regulations are key factors driving the market.
Get Sample Report: https://dataintelo.com/request-sample/?reportId=3627
The report covers the present scenario and the growth prospects of the global start-stop battery market for 2020–2026. To calculate the market size, the report considers the revenue generated by the demand for batteries for start-stop systems by end-users in each region and their corresponding key countries.
Market Trends, Drivers, Restraints, and Opportunities:
- Rising use of advanced technologies in automotive and growing demand for automobiles are likely to drive market growth.
- The expansion of the market is attributed to the growing demand for these batteries in the automotive industry to meet government standards for reducing carbon emission.
- Limited usage capacity of lead-acid batteries is a major factor hampering the growth of the market.
- Integration of technologies for enhancing fuel efficiency is projected to create growth opportunities in the market.