GCC Automotive Lead-Acid Battery Market to Reach USD 535.7 Million by 2033, Propelled by Growing Vehicle Fleet

December 06, 2024 | Automotive Industry

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The latest report by IMARC Group, titled “GCC Automotive Lead-Acid Battery Market Report by Vehicle Type (Passenger Cars, Commercial Vehicles, Two-Wheelers, HEV Cars), Product (SLI Batteries, Micro Hybrid Batteries), Type (Flooded Batteries, Enhanced Flooded Batteries, VRLA Batteries), Customer Segment (OEM, Replacement), and Country 2025-2033,” finds that the GCC automotive lead-acid battery market reached a value of USD 402.4 Million in 2024. Lead-acid batteries are a type of rechargeable batteries that use sponge lead and lead peroxide for the conversion of chemical energy into electrical power. They comprise a lead-dioxide cathode, a metallic lead anode and a sulfuric acid electrolyte. These batteries form a key component of automotive vehicles such as motorbikes, passenger cars and commercial vehicles. In the GCC countries, the consistently growing vehicle fleet has increased the demand for lead-acid batteries as they are cost-effective, relatively tolerant of overcharging and have low self-discharge rates, high resistance to vibrations and safe handling capabilities.

GCC Automotive Lead-Acid Battery Market Trends:

Lead-acid batteries are 99% recyclable, and therefore, help in minimizing their environmental impact when disposed of. They are also widely utilized in the Starting, Lighting and Ignition (SLI) systems in automobiles as they are reliable, robust, cost-effective and can withstand heavy usage. Apart from this, they also supply electric power to various accessories in vehicles such as music systems, wipers, radio, air conditioners and charging plugs. Additionally, governments across the GCC countries are focusing on promoting the utilization of electric vehicles, which will further increase the demand for lead-acid batteries. Moreover, several leading companies are engaged in research and development (R&D) activities to design advanced and eco-friendly variants that are more durable, reliable and sustainable than other conventional batteries. Looking forward, the market is projected to reach a value of USD 535.7 Million by 2033, expanding at a CAGR of 2.97% during the forecast period (2025-2033).

Market Summary:

Based on the vehicle type, the market has been segmented as passenger cars, commercial vehicles, two-wheelers and hybrid electric vehicles (HEV).
The market has been bifurcated on the basis of the product into SLI and micro-hybrid batteries.
On the basis of the type, the market has been classified into flooded, enhanced flooded and valve-regulated lead-acid (VRLA) batteries.
Based on the customer segment, the market has been divided into original equipment manufacturers (OEM) and replacement.
Country-wise, the market has been categorized into Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, Oman and Kuwait.
The competitive landscape of the market has been examined in the report, along with the profiles of the key players operating in the industry.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Segment Coverage	Vehicle Type, Product, Type, Customer Segment, Country
Countries Covered	Saudi Arabia, UAE, Qatar, Bahrain, Oman, Kuwait
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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GCC Automotive Lead-Acid Battery Market to Reach USD 535.7 Million by 2033, Propelled by Growing Vehicle Fleet

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