| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 37.68 Billion |
| Market Size (2030) | USD 45.75 Billion |
| CAGR (2025 - 2030) | 3.96 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
SLI Battery Market Analysis
The SLI Battery Market size is estimated at USD 37.68 billion in 2025, and is expected to reach USD 45.75 billion by 2030, at a CAGR of 3.96% during the forecast period (2025-2030).
- Over the medium term, the increasing adoption of motor vehicles and the growing demand for SLI batteries from industrial and agricultural applications are expected to drive the SLI batteries market during the forecast period.
- On the other hand, the increasing penetration of alternative battery chemistries and the stringent government regulations are expected to hinder the market's growth during the forecast period.
- Nevertheless, the increased focus on battery recycling and the expansion in emerging markets for both new vehicles and after-market replacements will likely create opportunities for the SLI battery market.
SLI Battery Market Trends
Automotive Segment to Witness Significant Growth
- The market for starting, lighting, and Ignition (SLI) batteries in the automotive segment is expected to witness notable growth, driven by the expanding automotive industry and the continuous need for reliable power sources. SLI batteries are essential components in motor vehicles, providing the necessary power to start the engine, run electrical systems, and ensure proper ignition.
- As the global vehicle fleet continues to grow, the demand for SLI batteries remains robust. For example, as per the International Organization of Motor Vehicle Manufacturers(OICA), the total global motor vehicle sales stood at around 92.724 million in 2023, recording over 11.89% growth compared to the previous years in 2022.
- Of the total global motor vehicle sales in 2023, the total passenger vehicles and commercial vehicle sales stood at over 65.272 million and 27.452 million, respectively. Such trends are expected to continue over the short term and create a substantial demand for the SLI battery during the forecast period. In addition, advancements in SLI battery technology, such as enhanced flooded batteries (EFB) and absorbent glass mat (AGM) batteries, are providing improved performance and durability, further propelling market growth.
- Despite the positive outlook, the SLI battery market will gradually start facing challenges from the growing popularity of electric vehicles (EVs) and the shift toward more sustainable energy solutions. EVs typically use lithium-ion batteries, which may reduce the demand for traditional SLI batteries in the long term.
- Nevertheless, several nations continue to experience a stable adoption of petrol and diesel vehicles over the short term in the coming years. For example, in September 2023, the United Kingdom's Prime Minister confirmed the planned ban was being pushed back five years from 2030 to 2035. Before the United Kingdom announced a shift in policy, the government had planned to ban the sale of new, pure petrol and diesel vehicles by 2030. Now, the plan is for the ban to begin in 2035.
- According to the government, under the ban, only electric battery-powered cars and zero-emission vehicles will be able to be bought new from 2035. However, most people will not be impacted by the ban, as most drivers buy vehicles secondhand. Only sales of new petrol and diesel models would be affected, not the existing ones. Moreover, the delay in the ban brings the United Kingdom into line with the European Union, which is also banning sales of new petrol and diesel cars by 2035.
- Overall, the SLI battery market is expected to maintain a growth trajectory, albeit at a moderate pace. Continued investments in automotive infrastructure, coupled with technological advancements in battery design and manufacturing, is expected to play a crucial role in market growth. In addition, the development of eco-friendly SLI batteries and recycling initiatives will align with global sustainability goals, ensuring the market's relevance in the evolving automotive landscape.
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Asia-Pacific Region is Expected to Dominate the Market
- The Asia-Pacific region is expected to witness significant growth in the SLI (Starting, Lighting, and Ignition) battery market. This is likely to be driven by a combination of factors, including rapid urbanization, increasing vehicle production, and growing consumer demand for automobiles. Countries such as China, India, Japan, and South Korea are major contributors to this growth due to their large automotive markets and significant investments in automotive manufacturing infrastructure.
- According to the International Organization of Motor Vehicle Manufacturers (OICA), the total number of motor vehicles produced in China stood at around 30.161 million in 2023, Japan produced over 8.99 million, South Korea produced 4.243 million, and India produced over 5.85 million. This makes the region one of the significant markets for SLI batteries worldwide. Moreover, the replacement market for SLI batteries is also substantial due to the high number of vehicles on the road.
- Recently, some of the major automobile manufacturers have also planned to develop and expand automobile manufacturing facilities in the region, where the vehicles are fuelled by petrol and diesel. For example, in November 2023, Toyota, one of the largest Japanese automakers, signed a Memorandum of Understanding (MoU) with the government of Karnataka to set up a third manufacturing plant in India, which would increase its production capacity by 1 lakh units per annum. The upcoming plant will also be situated in Bidadi, near Bangalore, near the existing two, and is expected to attract an investment of around INR 3,300 crores.
- Toyota’s existing plants at Bidadi have a combined output of about 4 lakh units per annum, and this new plant operational by 2026 is planned to add about 30% to Toyota’s production capacity. This announcement comes on the back of the brand, which has been completing 25 years in India. According to the company, the new plant will be the primary production base for an upcoming three-row SUV. Toyota is planned to produce 60,000 units annually, with a launch likely by 2026. Such developments in automobile manufacturing are expected to boost the adoption of SLI batteries in the coming years.
- Furthermore, some of the leading SLI battery players, such as GS Yuasa Corporation, announced that their India-based company Tata AutoComp GY Batteries Private Ltd (TGY), an equity-method affiliate of subsidiary GS Yuasa International Ltd (GS Yuasa), aims to double its annual production capacity for motorcycle lead-acid batteries to 8.4 million units. TGY, which was established in October 2005, is aiming to boost its market share in India, Asia’s largest motorcycle-producing country.
- TGY launched production in a newly added wing at its plant in 2021 and began full-fledged mass production with the addition of a new production line in 2022. With this, TGY aims to continue expanding production capacity and establish a production system capable of producing 8.4 million lead-acid motorcycle batteries per year, double its pre-expansion capacity of 4.2 million units. The plant expansion is expected to enable the company to expand the range of battery models it manufactures. In addition, TGY is expected to strengthen its production of automotive lead-acid batteries, with a focus on high-performance lead-acid batteries for environment-friendly vehicles, such as start & stop vehicles, demand for which is expected to continue growing in the coming years.
- Therefore, owing to the abovementioned factors, the Asia-Pacific region is anticipated to witness notable growth for the SLI battery market during the forecast period.
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SLI Battery Industry Overview
The SLI battery market is semi-fragmented. Some of the key players in the market (not in any particular order) include GS Yuasa International Ltd, Exide Technologies, Amara Raja Energy & Mobility Limited, EnerSys, and Leoch International Technology Limited Inc.
SLI Battery Market Leaders
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GS Yuasa International Ltd.
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Exide Technologies
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Amara Raja Energy & Mobility Limited
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EnerSys
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Leoch International Technology Limited Inc.
- *Disclaimer: Major Players sorted in no particular order
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SLI Battery Market News
- June 2023: Schaeffler, a German-based manufacturer of automotive components, announced the launch of new automotive lead acid batteries called ‘TruPower 2W’ The battery used VRLA (Valve Regulated Lead Acid) technology to ensure efficient and safe battery functioning.
- January 2024: The Ministry of Environment, Forest and Climate Change (MoEFCC) in India has released the standard operating procedure (SOP) for recycling lead scrap/used lead-acid batteries. The SOP aims to regulate the import, transport, and recycling of lead-bearing waste while minimizing environmental and health risks. According to the SOP published by the Central Pollution Control Board in January, a statutory organization under MoEFCC, all units engaged in scrapping should obtain valid authorization from the relevant State Pollution Control Board or Pollution Control Committee in line with the Hazardous and Other Wastes (Management and Transboundary Movement) Rules, 2016. In addition, stringent packaging requirements are also required for the transporting of these batteries. Imported used lead-acid batteries should also have the caps of cells properly tightened in place during transportation.
SLI Battery Industry Segmentation
- Starting, Lighting, and Ignition (SLI) batteries are essential components in automotive systems, designed primarily to provide the power necessary to start the engine, power the Lighting, and support the ignition system. These batteries deliver a high burst of energy over a short period, typically using lead-acid chemistry, to ensure reliable vehicle operation. SLI batteries are crucial for the proper functioning of vehicles, as they ensure that the engine starts promptly and that the vehicle's electrical systems operate efficiently.
- The SLI battery market is segmented into type, end-user, and geography. By type, the market is segmented into flooded, VRLA, and EBF batteries. By end-user, the market is segmented into automotive and others. The report also covers the market size and forecasts for the SLI battery market across major regions. The report offers the market size and forecasts for the revenue for all the above segments.
| Type | Flooded Battery | ||
| VRLA Battery | |||
| EBF Battery | |||
| End-User | Automotive | ||
| Others | |||
| Geography | North America | United States | |
| Canada | |||
| Rest of North America | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Italy | |||
| Spain | |||
| Nordic | |||
| Russia | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| India | |||
| Japan | |||
| South Korea | |||
| Thailand | |||
| Malaysia | |||
| Indonesia | |||
| Vietnam | |||
| Rest of Asia-Pacific | |||
| Middle East and Africa | Saudi Arabia | ||
| United Arab Emirates | |||
| South Africa | |||
| Egypt | |||
| Nigeria | |||
| Qatar | |||
| Rest of Middle East and Africa | |||
| South America | Brazil | ||
| Argentina | |||
| Chile | |||
| Rest of South America | |||
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SLI Battery Market Research Faqs
How big is the SLI Battery Market?
The SLI Battery Market size is expected to reach USD 37.68 billion in 2025 and grow at a CAGR of 3.96% to reach USD 45.75 billion by 2030.
What is the current SLI Battery Market size?
In 2025, the SLI Battery Market size is expected to reach USD 37.68 billion.
Who are the key players in SLI Battery Market?
GS Yuasa International Ltd., Exide Technologies, Amara Raja Energy & Mobility Limited, EnerSys and Leoch International Technology Limited Inc. are the major companies operating in the SLI Battery Market.
Which is the fastest growing region in SLI Battery Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in SLI Battery Market?
In 2025, the Asia Pacific accounts for the largest market share in SLI Battery Market.
What years does this SLI Battery Market cover, and what was the market size in 2024?
In 2024, the SLI Battery Market size was estimated at USD 36.19 billion. The report covers the SLI Battery Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the SLI Battery Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
SLI Battery Industry Report
Statistics for the 2025 SLI Battery market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. SLI Battery analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
