Battery Market by Transport was valued at US$ 86.24 Billion in 2021. Industry Trends, Growth, Insight, Impact of COVID-19, Company Analysis, Global Forecast 2022-2027.
Battery Market by Transport, Size, Global Forecast 2022-2027
Transport batteries are rechargeable batteries that supply automobiles with automotive SLI (starting, lighting and ignition) systems. In addition, transportation batteries also provide power to automobile accessories such as radio, music players, air conditioners, wipers and charging plugs. The transportation battery also serves as a voltage stabilizer by absorbing abnormal transient voltages in-vehicle electrical system. According to our estimates, Global Battery Market by Transport is estimated to reach US$ 146.23 Billion by 2027.
