According to the new market research report “Automotive eCall Backup Battery - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Automotive eCall Backup Battery market size is projected to reach USD 0.11 billion by 2030, at a CAGR of 11.9% during the forecast period.
- Global Automotive eCall Backup Battery MarketSize(US$ Million), 2019-2030
Source: QYResearch, "Automotive eCall Backup Battery - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Automotive eCall (Emergency Call) system is a critical safety feature integrated into vehicles, designed to automatically dial emergency services in the event of a serious road accident. It can also be triggered manually by the vehicle's occupants if needed. This system relies on GNSS (Global Navigation Satellite System) data to provide accurate location information to emergency responders, ensuring a rapid and precise response.
A key component of the eCall system is the backup battery. This battery is designed to ensure that the eCall system remains operational even if the vehicle's main power supply is disrupted during an accident. The importance of the backup battery cannot be overstated, as it can make the difference between life and death by ensuring that the emergency call goes through even if the car's electrical system fails.
- Global Automotive eCall Backup Battery Top6Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, "Automotive eCall Backup Battery - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Automotive eCall Backup Battery include FDK, VARTA AG, etc. In 2023, the global top three players had a share approximately 70.0% in terms of revenue.
Market Drivers:
Consumer Demand for Safety Features: Consumers are increasingly prioritizing vehicle safety features when purchasing new cars. The eCall system, which includes the backup battery, is a key safety feature that can save lives in the event of an accident.
Rising Vehicle Production: The global increase in vehicle production and sales directly impacts the demand for eCall systems and backup batteries.
Restraint:
Reliability Issues: Any failure in the backup battery can compromise the functionality of the eCall system, raising concerns about its reliability and effectiveness.
Slow Adoption Rates: In regions where eCall systems are not mandated by law, the adoption rate may be slower, affecting market growth.
Opportunity:
Regulatory Adoption: As more countries adopt regulations similar to the EU's eCall mandate, there will be significant growth opportunities in emerging markets. Companies can capitalize on these regulations by establishing early presence and partnerships in these regions.
Economic Growth: With rising disposable incomes and increasing vehicle ownership in emerging markets, there is a growing demand for advanced vehicle safety features, including eCall systems.
Advanced Battery Technologies: Development of new battery technologies such as solid-state batteries, which offer higher energy density and improved safety, can create opportunities for manufacturers to offer superior eCall backup battery solutions.
About The Authors
Jiquan Zhai - Lead Author |
Email: zhaijiquan@qyresearch.com |
Tel: 17319264309 |
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
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