Global SLI Battery Market has valued at USD 27.08 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 8.19% through 2028. The SLI (Starting, Lighting, and Ignition) battery market refers to the global industry focused on the manufacturing, distribution, and sale of batteries designed primarily for starting, lighting, and ignition systems in automotive and various internal combustion engine (ICE) applications. These batteries are essential for providing the initial burst of power needed to start a vehicle's engine, power its lighting systems, and support auxiliary electrical components like radios and air conditioning. SLI batteries are commonly associated with traditional lead-acid batteries, but the market has evolved to include advanced technologies like absorbent glass mat (AGM) and enhanced flooded batteries, especially to meet the demands of modern vehicles equipped with start-stop systems and other electrical enhancements.
Key Market Players
Johnson Controls, Inc.
GS Yuasa Corporation
East Penn Manufacturing Co., Inc.
Leoch International Technology Limited
Crown Battery Manufacturing Company
Trojan Battery Company
Acumuladores Moura S.A.
Power Sonic Corporation