The America SLI battery market is likely to register tremendous gains over the coming years due to growing need for batteries with the ability to offer high cranking power. Additionally, increasing adoption of start-stop technologies and rising number of passenger vehicle sales would further foster industry outlook. A battery is typically an electrochemical storage device which converts chemical energy into electricity.

These batteries as well as battery systems come in different kinds of shapes and sizes. SLI refers to starting, lighting, and ignition, and an SLI battery is termed as a lead-acid and rechargeable kind of battery which is mostly used in automobiles. These batteries are generally smaller in build in comparison to industrial batteries and are generally used to power all the electronics such as exterior and interior lights, and infotainment system among others.

The two key functional requirements of SLI battery is either cyclic or starting. Here, deep cycle or cyclic batteries provide power over a long period of time to an application. Whereas starting batteries provide rapid burst of energy to mainly start-based applications.

Additionally, SLI batteries are made up of 6 galvanic cells positioned in a series format generally forming a system along with providing 12-volts. In fact, each of the cell provides with 2.1 volts further, making up the total output of over 12.6 volts at full charge.

With the growing demand for SLI batteries, key market players are focusing on increasing their customer base and gain a competitive edge in the market. The industry is witnessing various strategic initiatives such as mergers, acquisitions, and partnerships, among key market players.

Citing an instance, in January 2019, Crown Battery, a leading battery manufacturer, reportedly acquired the licensing rights to the complete GreenSealA(R) Bipolar lead battery technology suite of Advanced Battery Concepts. Crown Battery is the newest company that who has acquired the licensing rights to GreenSealA(R) technology, which joined ABC’s five other existing licenses, namely Monbat, Trojan Battery Company, Exide Industries, Enersys, and Johnson Controls Power Solutions.

America SLI battery market is bifurcated in terms of technology and regional landscape.

On the geographical front, increasing adoption of start-stop technologies coupled with the growing need for batteries that deliver high cranking power will fuel the adoption of SLI batteries across Canada.

Argentina SLI battery market will witness substantial growth over the coming years owing to rising industry demand from heavy as well as light commercial vehicles. Increasing freight traffic in the country is expected to further drive business growth in the region.

Meanwhile, the Chile SLI battery market is expected to register momentous gains over the coming time period. Rising purchasing power coupled with growing number of on road vehicles would likely stimulate the product demand across the country.