SLI batteries, which stands for Starting, Lighting, and Ignition batteries, represent a specific type of lead-acid battery designed to supply short bursts of high power required to start internal combustion engines. Commonly found in cars, motorcycles, trucks, and a range of vehicles powered by gasoline or diesel, SLI batteries also support the functioning of various electrical components, including lighting, radio, infotainment systems, and power windows, even when the engine is off or running at low RPMs. These batteries are built for brief usage rather than extended discharge; they deliver a substantial cranking current for a few seconds before getting recharged by the vehicle's alternator. Typically, SLI batteries have a shallow depth of discharge (DoD) and display significant cycling longevity when operated within their defined limits.
According to SPER Market Research, ‘Global SLI Battery Market Size – By Type, By Application, By Voltage, By Capacity - Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global SLI Battery Market is predicted to reach 57.04 billion by 2034 with a CAGR of 2.49%.
Drivers:
The worldwide marketplace for SLI cells is expanding steadily due to a number of important considerations. First off, the need for SLI batteries is greatly increased by the growing automobile sector. As the worldwide number of vehicles grows, the necessity for reliable power sources for engine ignition and electrical systems becomes increasingly vital. Furthermore, innovations in battery design and manufacturing have led to the development of Enhanced Flooded Batteries (EFB) and Valve-Regulated Lead-Acid (VRLA) batteries. These advancements offer improved performance, longer life, and better charge acceptance, making them well-suited for modern vehicles equipped with start-stop technology. Such systems are engineered to automatically shut off and restart the engine to reduce fuel consumption and emissions, heavily relying on advanced SLI batteries.
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Restraints:
The SLI (Starting, Lighting, and Ignition) battery sector faces numerous challenges that could impact its growth and sustainability over time. A major concern is the environmental ramifications associated with lead-acid batteries, commonly used in SLI applications. These batteries contain lead, a highly toxic material, and improper disposal or recycling can lead to soil and water pollution, posing serious health risks to humans and wildlife. Although governments have implemented stricter regulations governing battery recycling and disposal, compliance with these guidelines can be difficult, especially in regions with weak enforcement. Furthermore, intensifying competition from alternative technologies presents an additional obstacle. The rise of electric vehicles (EVs) and advancements in energy storage technologies jeopardize the continued demand for traditional SLI batteries.
China leads the SLI (Starting, Lighting, and Ignition) battery sector, mainly because of its extensive automobile manufacturing, which is the largest globally, along with a significant aftermarket requirement for battery replacements. Some of its key players are Arotech Corporation, BYD, EnerSys, Exide Technologies, GS Yuasa.
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