Research Report on Automobile Storage Battery Industry in China

Automobile storage battery is the kind of power supply that provides electricity for automobile circuits while the dominant type in China is lead-acid automobile storage batteries that falls into three categories.

The market demand for lead-acid automobile storage batteries in China has been increasing with the increase of automobile holders. But the influx of multinational companies has caused domestic battery manufacturers to face increased competition.

High-end products still rely mainly on imports that ask for higher prices, on the other hand, Chinese main export products are largely low-end products. The leading domestic manufacturers are Fengfan Stock Co., Ltd, Zhejiang Tianneng Group and Shanghai Johnson Controls International Battery Co., Ltd. (SJCIBC)

In the future, factors like raw material prices, national policies, trade barriers and the RMB exchange rate will affect the automobile lead-acid battery market and price trend. The main aspects for technological improvement of automobile storage batteries are maintenance-free design, strong power output, light weight, small size, power value of the battery, long life cycle, consistency of performance, safety for use and environmental friendliness.