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China automotive battery market: $16 billion industry by 2018

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China Automotive Battery Market Forecast & Opportunities, 2018 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-04 16:33:02
The China automotive battery market is expected to reach a total value of around $16 billion by the end of 2018, growing at a CAGR growth rate of 23.85% between 2013 and 2018. The key factors driving this industry include a growing middle class and increased demand for cars.In the past decade, China has witnessed remarkable improvement in the growth of automobile sector, both commercial and passenger. China is also the largest manufacturer of automotive batteries globally due to cheap and easy availability of labor. With the growth of automobile sector, the demand for automotive replacement battery market is also growing rapidly. The sales of e-bikes during 2009 to 2012 has recorded compounded annual growth rate of 11.52% which is expected to grow at around 16% for the next five year period. In addition, the automobile production in China has 18.72 Million units in 2011 which is further expanding the demand for automotive batteries.Report ScopeThis report discusses the following aspects related to automotive batteries market in China:- Global Automotive Battery Market Size, Share & Forecast
- China Automotive Battery Market Size, Share & Forecast
- China Automotive Replacement Battery Market Analysis
- Market Trends and Dynamics
- Competitive Landscape & Strategic RecommendationsWhy You Should Buy This Report- To gain an in-depth understanding of automotive battery market dynamics in China
- To identify the on-going trends and anticipated growth in the coming years
- To help industry consultants, automotive battery manufacturers and other stakeholders to align their market-centric strategies
- To obtain research based business decision and add weight to presentations and marketing materials
- To gain competitive knowledge of leading players
- To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer´s specific needs

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