Global Automotive Battery Aftermarket Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Lithium-Ion, Lead Acid, Nickel-Based, Sodium-Ion, Others

By Vehicle Type;

Passenger Cars, M and HCV, and LCV.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn646668329 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Automotive Battery Aftermarket (USD Million), 2021 - 2031

In the year 2024, the Global Automotive Battery Aftermarket Market was valued at USD 3,800.68 million. The size of this market is expected to increase to USD 4,611.19 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.8%.

The global automotive battery aftermarket is a vital segment of the automotive industry, encompassing the sales and distribution of batteries used in vehicles after the original battery provided by the manufacturer has been replaced. This market is essential for maintaining the functionality and reliability of vehicles, ranging from personal cars to commercial fleets, as batteries play a crucial role in powering the electrical systems and ensuring the starting capability of the engines.

In recent years, the automotive battery aftermarket has witnessed significant growth, driven by several factors. These include the increasing number of vehicles in operation globally, advancements in battery technologies, and the rising demand for electric vehicles (EVs). The shift towards more energy-efficient and environmentally friendly vehicles has particularly spurred innovations in battery types and performance, influencing the dynamics of the aftermarket.

The market is characterized by a diverse range of battery types, including traditional lead-acid batteries, which have been the industry standard for decades, and newer technologies such as lithium-ion batteries, which are gaining prominence due to their superior performance and longer lifespan. Additionally, factors such as the expansion of the automotive industry in emerging economies, the aging vehicle fleet in developed markets, and the growing consumer awareness regarding vehicle maintenance contribute to the robust demand for replacement batteries.

Key players in the automotive battery aftermarket include manufacturers, distributors, retailers, and service providers who operate through various channels to reach end-users. The competitive landscape is marked by both established brands and new entrants striving to innovate and capture market share. As the market continues to evolve, strategic collaborations, technological advancements, and a focus on sustainability are expected to shape its future trajectory.

The global automotive battery aftermarket is poised for continued growth, driven by technological advancements, regulatory influences, and changing consumer preferences. Understanding the trends and dynamics of this market is crucial for stakeholders looking to capitalize on the opportunities and address the challenges within this essential sector of the automotive industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Vehicle Type
    3. Market Snapshot, By Region
  4. Global Automotive Battery Aftermarket Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing vehicle numbers
        2. Advancements in battery technology
        3. Rising electric vehicle demand
        4. Aging vehicle fleets
      2. Restraints
        1. High cost of advanced batteries
        2. Fluctuating raw material prices
        3. Battery disposal and recycling challenges
        4. Market competition
      3. Opportunities
        1. Growth in electric vehicle adoption
        2. Technological innovations
        3. Expansion in emerging markets
        4. Government incentives and subsidies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Automotive Battery Aftermarket, By Type, 2021 - 2031 (USD Million)
      1. Lithium-Ion, Lead Acid
      2. Nickel-Based
      3. Sodium-Ion
      4. Others
    2. Global Automotive Battery Aftermarket, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Passenger Cars
      2. M and HCV
      3. LCV
    3. Global Automotive Battery Aftermarket, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Johnson Controls
      2. Exide Technologies
      3. Panasonic
      4. Robert Bosch
  7. Analyst Views
  8. Future Outlook of the Market