SLI Battery Market Growth, Size, Demand and Future Outlook
Global SLI Battery Market Size – By Type, By Application, By Voltage, By Capacity- Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Jun-2025 | Report ID: POAE2554 | Pages: 1 - 266 | Formats*: |
| Category : Power & Energy | |||
SLI Battery Market Introduction and Overview
According to SPER Market Research, the Global SLI Battery Market is estimated to reach USD 57.04 billion by 2034 with a CAGR of 2.49%.
The report includes an in-depth analysis of the Global SLI Battery Market, including market size and trends, Interface mix, Applications, and supplier analysis. The SLI Battery Market Size was projected to be XX (USD Billion) in 2024. The Sli Battery Market Industry is anticipated to escalate from XX (USD Billion) in 2025 to 57.04 USD Billion by 2034, with a compound annual growth rate (CAGR) around 2.49% throughout the forecast span (2025 - 2034). Market development is driven by technological advancements, increasing downsizing of electronic devices, higher demand for electric vehicles, and the necessity for efficiency in industrial battery usage. Growth is evident in the emergence of innovative battery technologies, such as solid-state batteries, and the expansion in regional markets. Current developments in the Sli Battery Market involve the integration of advanced manufacturing techniques and the use of artificial intelligence and machine learning within battery management systems.
By Type Insights:
The SLI Battery Market is categorized by type, including lithium-ion, lead-acid, nickel-cadmium, and polymer batteries. As of 2024, lithium-ion batteries hold the largest share of the market and are anticipated to continue their leadership throughout the projected period. The expansion of the lithium-ion battery sector is due to their significant energy density, extended cycle life, and minimal self-discharge rate. Additionally, the rising uptake of electric vehicles is boosting the demand for lithium-ion batteries. Subsequently, lead-acid batteries are positioned as the second most widely used variety of SLI battery, with projections indicating a steady growth rate throughout the forecast period.
By Application Insights:
The application section of the sli battery market includes consumer electronics, energy storage systems, electric vehicles, power tools, and uninterruptible power supplies. Due to growing demand from a variety of end-use industries, the consumer electronics, energy storage systems, and uninterruptible power supply segments are anticipated to contribute significantly to the overall market expansion.
By Voltage Insights:
Voltage serves as a crucial segmentation criterion in the Sli Battery Market, with various voltage levels designed for distinct applications. The 12V Sli batteries command a notable portion of the market due to their extensive usage in passenger cars and light commercial vehicles. Meanwhile, 24V Sli batteries are increasingly preferred for heavy-duty vehicles, and 48V Sli batteries are anticipated to experience considerable expansion in the years ahead as they become more prevalent in hybrid and electric vehicles. Higher voltage categories, including 60V, 120V, and 240V, are utilized in specialized industrial and commercial applications, further aiding the overall growth of the market.
By Capacity Insights:
The Sli Battery Market is divided into segments based on Capacity, which includes Under 20 Ah, 20-50 Ah, 50-100 Ah, and Over 100 Ah. The 20-50 Ah segment is anticipated to experience the highest compound annual growth rate (CAGR) during the forecast period, fuelled by the increasing need for Sli batteries in electric vehicles and power tools. The segment exceeding 100 Ah is anticipated to experience significant expansion, fueled by the increasing adoption of Sli batteries in energy storage systems and uninterruptible power supplies (UPSs). Information from the Sli Battery Market indicates that the Under 20 Ah category is primarily driven by the increasing need for smartphones and various portable electronic gadgets.
By Regional Insights:
The Sli Battery Market is segmented into various regions: North America, Europe, APAC, South America, and MEA. North America is expected to hold the largest market share in 2024, propelled by the presence of major participants in the Sli Battery Market and the swift integration of advanced technologies. Europe is anticipated to rank as the second-largest market, with APAC following closely behind. APAC is forecasted to experience the most significant growth rate throughout the projection period, fuelled by rising demand for Sli Batteries in emerging markets like China and India. While South America and MEA are anticipated to represent a smaller portion of the Sli Battery Market, both regions are expected to experience consistent growth during the forecast window.
Market Competitive Landscape:
The Key participants in the SLI Battery Market are persistently concentrating on creating and introducing cutting-edge products to meet the changing needs of consumers. Prominent players in the SLI Battery Market are making substantial investments in research and development efforts to improve their product offerings and secure a competitive advantage. Some of the prominent players in Global SLI Battery Market are Arotech Corporation, BYD, EnerSys, Exide Technologies, GS Yuasa, Hitachi Automotive Systems, JBM Battery Technologies, Johnson Controls, LG Chem, Murata Manufacturing.
Recent Developments:
In November 2024, Exide Technologies has broadened its AGM battery lineup by unveiling two new models, EK454 and EK457 (45Ah/380A, size B24). These innovative AGM batteries are ideally designed for start-stop and hybrid vehicles. They provide superior cycling and rapid recharging capabilities, which contribute to reduced fuel usage. This development highlights Exide's commitment to emerging energy technologies, reinforcing their position in the global market for rechargeable batteries.
In April 2024, Clarios has partnered with a leading automotive manufacturer, supplying a renowned 12V AGM battery that claims to improve fuel efficiency and lower CO2 emissions in vehicles equipped with start-stop systems. These durable, low-maintenance batteries meet comprehensive sustainability standards, further solidifying Clarios's established advantage in eco-friendly lead-acid battery technology for the automotive industry.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Type, By Application, By Voltage, By Capacity |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | Arotech Corporation, BYD, EnerSys, Exide Technologies, GS Yuasa, Hitachi Automotive Systems, JBM Battery Technologies, Johnson Controls, LG Chem, Murata Manufacturing. |
- Global SLI Battery Market Size (FY’2021-FY’2034)
- Overview of Global SLI Battery Market
- Segmentation of Global SLI Battery Market by Type (Lithium-ion batteries, Lead-acid batteries, Nickel-cadmium batteries, Polymer batteries)
- Segmentation of Global SLI Battery Market by Application (Power tools, Electric vehicles, Consumer electronics, Energy storage systems, Uninterruptible power supplies)
- Segmentation of Global SLI Battery Market by Voltage (12V, 24V, 48V, 60V, 120V, 240V)
- Segmentation of Global SLI Battery Market by Capacity (Under 20 Ah, 20-50 Ah, 50-100 Ah, over 100 Ah)
- Statistical Snap of Global SLI Battery Market
- Expansion Analysis of Global SLI Battery Market
- Problems and Obstacles in Global SLI Battery Market
- Competitive Landscape in the Global SLI Battery Market
- Details on Current Investment in Global SLI Battery Market
- Competitive Analysis of Global SLI Battery Market
- Prominent Players in the Global SLI Battery Market
- SWOT Analysis of Global SLI Battery Market
- Global SLI Battery is Market Future Outlook and Projections (FY’2021-FY’2034)
- Recommendations from Analyst
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global SLI Battery Market Manufacturing Base Distribution, Sales Area, Interface Type
- 6.2. Mergers & Acquisitions, Partnerships, Interface Launch, and Collaboration in Global SLI Battery Market
7. Global SLI Battery Market, By Type 2021-2034 (USD Million)
- 7.1. Lithium-ion batteries
- 7.2. Lead-acid batteries
- 7.3. Nickel-cadmium batteries
- 7.4. Polymer batteries
8. Global SLI Battery Market, By Application 2021-2034 (USD Million)
- 8.1. Power tools
- 8.2. Electric vehicles
- 8.3. Consumer electronics
- 8.4. Energy storage systems
- 8.5. Uninterruptible power supplies
9. Global SLI Battery Market, By Voltage 2021-2034 (USD Million)
- 9.1. 12V
- 9.2. 24V
- 9.3. 48V
- 9.4. 60V
- 9.5. 120V
- 9.6. 240V
10. Global SLI Battery Market, By Capacity 2021-2034 (USD Million)
- 10.1.Under 20 Ah
- 10.2.20-50 Ah
- 10.3.50-100 Ah
- 10.4.Over 100 Ah
11.Global SLI Battery Market, 2021-2034 (USD Million)
- 11.1.Global SLI Battery Market Size and Market Share
12. Global SLI Battery Market, By Region, 2021-2034 (USD Million)
- 12.1. Asia-Pacific
- 12.1.1. Australia
- 12.1.2. China
- 12.1.3. India
- 12.1.4. Japan
- 12.1.5. South Korea
- 12.1.6. Rest of Asia-Pacific
- 12.2. Europe
- 12.2.1. France
- 12.2.2. Germany
- 12.2.3. Italy
- 12.2.4. Spain
- 12.2.5. United Kingdom
- 12.2.6. Rest of Europe
- 12.3. Middle East and Africa
- 12.3.1. Kingdom of Saudi Arabia
- 12.3.2. United Arab Emirates
- 12.3.3. Qatar
- 12.3.4. South Africa
- 12.3.5. Egypt
- 12.3.6. Morocco
- 12.3.7. Nigeria
- 12.3.8. Rest of Middle-East and Africa
- 12.4. North America
- 12.4.1. Canada
- 12.4.2. Mexico
- 12.4.3. United States
- 12.5. Latin America
- 12.5.1. Argentina
- 12.5.2. Brazil
- 12.5.3. Rest of Latin America
13. Company Profile
- 13.1. Arotech Corporation
- 13.1.1. Company details
- 13.1.2. Financial outlook
- 13.1.3. Interface summary
- 13.1.4. Recent developments
- 13.2. BYD
- 13.2.1. Company details
- 13.2.2. Financial outlook
- 13.2.3. Interface summary
- 13.2.4. Recent developments
- 13.3. EnerSys
- 13.3.1. Company details
- 13.3.2. Financial outlook
- 13.3.3. Interface summary
- 13.3.4. Recent developments
- 13.4. Exide Technologies
- 13.4.1. Company details
- 13.4.2. Financial outlook
- 13.4.3. Interface summary
- 13.4.4. Recent developments
- 13.5. GS Yuasa
- 13.5.1. Company details
- 13.5.2. Financial outlook
- 13.5.3. Interface summary
- 13.5.4. Recent developments
- 13.6. Hitachi Automotive Systems
- 13.6.1. Company details
- 13.6.2. Financial outlook
- 13.6.3. Interface summary
- 13.6.4. Recent developments
- 13.7. JBM Battery Technologies
- 13.7.1. Company details
- 13.7.2. Financial outlook
- 13.7.3. Interface summary
- 13.7.4. Recent developments
- 13.8. Johnson Controls
- 13.8.1. Company details
- 13.8.2. Financial outlook
- 13.8.3. Interface summary
- 13.8.4. Recent developments
- 13.9. LG Chem
- 13.9.1. Company details
- 13.9.2. Financial outlook
- 13.9.3. Interface summary
- 13.9.4. Recent developments
- 13.10. Murata Manufacturing
- 13.10.1. Company details
- 13.10.2. Financial outlook
- 13.10.3. Interface summary
- 13.10.4. Recent developments
- 13.11. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
SLI Battery Market is projected to reach USD 57.04 billion by 2034, growing at a CAGR of of 2.49% during the forecast period.
SLI Battery Market grew in Market size from 2025. The Market is expected to reach USD 57.04 billion by 2034, at a CAGR of 2.49% during the forecast period.
SLI Battery Market CAGR of 2.49% during the forecast period.
You can get the sample pages by clicking the link - Click Here
SLI Battery Market size is USD 57.04 billion from 2025 to 2034.
SLI Battery Market is covered By Type, By Application, By Voltage, By Capacity
The North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa is the highest Market share in the SLI Battery Market.
Arotech Corporation, BYD, EnerSys, Exide Technologies, GS Yuasa, Hitachi Automotive Systems, JBM Battery Technologies, Johnson Controls, LG Chem, Murata Manufacturing.
The report includes an in-depth analysis of the Global SLI Battery Market, including market size and trends, Interface mix, Applications, and supplier analysis.
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