According to Goldstein Research, global automotive battery market size is expected to reach USD 23.5 billion by 2024, growing at a compounded annual growth rate of 5.7% during the forecast period 2016-2024. Global market is largely driven by the Asia Pacific in terms of revenue share owing to a large automotive industry in the region. Whereas in North America & Europe the increasing adoption advances automotive technologies (automotive telematics, autonomous vehicles, and electric vehicles), there are high growth opportunities of the automotive battery market in these regions.