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ANZ automotive battery market is all set to turn the tables growth ways in the next 10 years – Persistence Market Research

ANZ Automotive Battery Market to be driven by Electrification of Vehicles

With mobility taking over, the manufacturers of automobiles are making remarkable alterations in the automotive designs for attaining enhanced safety and comfort for passengers and drivers alike. These design alterations are inclusive of electric power steering, adaptive cruise control, road condition monitoring, and likewise. With the electrification of vehicles on the anvil, the demand for superlative automotive batteries across passenger vehicles and commercial vehicles is expected to drive ANZ automotive battery market, as stated by Persistence Market Research through its study on macros and micros.

How does ANZ Automotive Battery Market dispense itself?

ANZ automotive battery market, by type of battery, spans lead-acid (flooded, absorbed glass mat, and gel cell batteries), Lithium-ion, NiMH, and likewise. By type of vehicle, it’s IC engines (two-wheelers, passenger cars, LCVs, and HCVs) and electric & hybrid vehicles (two-wheelers, passenger cars, LCVs, and HCVs). By sales channel, it’s OEMs (Original Equipment Manufacturers) and aftermarket. Persistence Market Research has, through its line of expertise in the form of analysts and consultants, walked through these facts and insights in its latest market study entitled “ANZ Automotive Battery Market”.

Region-wise Slingshot

It has been reported that Australia does lag behind as compared to the worldwide leaders in the uptake of electric vehicles. However, a minuscule shift has certainly been observed in this regard. There has also been a notable increase in the number of charging stations all over Australia. Looking from 2017 to 2018 alone, this increase is 64%. Statistically, this means – a charging station for every 6 electric vehicles. This ratio, is, however, expected to change as the number of electric vehicles is expected to changes. New Zealand has the same story to tell. Persistence Market Research has delved deep into these facets of the ANZ automotive battery market with insights in its latest market study entitled “ANZ Automotive Battery Market”.

Competitive Batteries

Persistence Market Research has profiled the key players in the ANZ Automotive Battery market as GS Yuasa Corporation, Exide Technologies, East Penn Manufacturing Company, Clarion Delkor Corporation, ENERSYS, Panasonic Corp., Supercharge Batteries, Hankook AtlasBX Co. Ltd., FIAMM Energy Technology S.p.A., and Marshall Batteries. These players are engaging in various ways of expansion to make a mark for themselves in the ANZ automotive battery market. They include mergers, acquisitions, new product launches, joint ventures, and partnerships.

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