India Automotive Lead-Acid Battery Market Overview
Market Size in 2024: USD 571.2 Million
Market Forecast in 2033: USD 1,207.58 Million
Market Growth Rate: 7.98% (2025-2033)
According to the latest report by IMARC Group, the India automotive lead-acid battery market size was valued at USD 571.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 1,207.58 Million by 2033, exhibiting a CAGR of 7.98% from 2025-2033.
India Automotive Lead-Acid Battery Industry Trends and Drivers:
Driven by several important elements, the India automotive lead-acid battery market is growing fast. This expansion is mostly driven by rising car manufacturing, especially of electric rickshaws and two-wheelers. Consumers are increasingly gravitating toward inexpensive and dependable battery solutions as the urban population grows and hence transportation needs rise. Known for their cost-effectiveness relative to lithium-ion options, lead-acid batteries are becoming a perfect fit for a great many vehicles. Furthermore supporting market expansion is the demand for lead-acid batteries in the aftermarket sector. The demand for battery replacements is growing as cars age, with customers looking for cheap and long-lasting answers to run their vehicles. With urbanization spreading quickly throughout India, the automobile sector is seeing a spike in demand for both traditional and electric vehicles, therefore supporting the need for lead-acid batteries even more.
Favorable market conditions for lead-acid batteries are also being created by government projects encouraging electric cars (EVs) and supporting battery recycling. Policies meant to enhance infrastructure, especially for electric rickshaws, are helping more people choose sustainable means of transportation. Lead-acid batteries are becoming a popular choice for the increasing number of small companies and people in need of cheap transportation options due to their reasonable cost. Lead-acid batteries are playing an increasingly important role in powering electric vehicles and helping battery recycling projects as the government keeps promoting green initiatives. This increasing regulatory support is anticipated to increase demand for lead-acid batteries in both the passenger and commercial vehicle categories, hence improving future market growth possibilities.
Moreover affecting market trends are local dynamics throughout India. The demand for cars—both traditional and electric—is seeing a significant rise in urban centers such Delhi, Mumbai, and Bengaluru, where infrastructure growth is accelerating. Particularly interesting is the growing use of electric rickshaws in these areas as these cars depend significantly on inexpensive and effective lead-acid batteries. Furthermore, tier-2 and tier-3 cities are emerging as significant market centers because to better access to automotive batteries and rising consumer awareness about the advantages of lead-acid technology. Affordable pricing, government subsidies, and infrastructural improvement are assuring that the India automotive lead-acid battery industry will keep strong expansion across several vehicle types and consumer groups, therefore preparing it for long-term success.
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India Automotive Lead-Acid Battery Industry Segmentation:
The report has segmented the market into the following categories:
Vehicle Type Insights:
- Passenger Cars
- Commercial Vehicles
- Two-Wheelers
- HEV Cars
Product Insights:
- SLI Batteries
- Micro Hybrid Batteries
Type Insights:
- Flooded Batteries
- Enhanced Flooded Batteries
- VRLA Batteries
Customer Segment Insights:
- OEM
- Replacement
Regional Insights:
- North India
- South India
- East India
- West India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
India Automotive Lead-Acid Battery Market News:
- In December 2024, Amara Raja Energy & Mobility Limited partnered with Hyundai Motor India Limited (HMIL) to supply domestically manufactured absorbent glass mat (AGM) lead-acid batteries, enhancing advanced battery technology localization. These AGM batteries, surpassing conventional complete maintenance free (CMF) batteries by around 150% in durability tests, would be incorporated into Hyundai's Indian product lineup by Q4FY25.
- In March 2024, Exide Industries announced its plans to introduce premium absorbent glass mat (AGM) lead-acid batteries for fossil-fuel vehicles in India. Already exporting these batteries, Exide received a request for quotation from a major original equipment manufacturer and anticipates further interest. AGM batteries, though pricier, offer nearly double the shelf-life due to low discharge rates and are spill-proof.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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