N.A. to Witness High Growth for Automotive Battery Market to 2019
Automotive battery market is expected to reach $7.7 Billion by 2019. The demand for lead acid batteries is governed by vehicle production. Battery replacements have reduced as new technologies have extended battery life. With the switch to electronic braking and steering by wire in upscale cars, the 3kW capability of the single 12-volt battery will no longer be sufficient, ushering in the 42-volt system. Two 12-volt batteries may be the interim solution. Hybrid vehicles require a high voltage battery of...
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