According to the research report titled ‘America SLI Battery Market Size By Technology (Flooded, EFB, VRLA {AGM, GEL}), Industry Analysis Report, Country Outlook, Competitive Market Share & Forecast, 2020 – 2026,’ available with MarketStudyReport, America SLI battery market is slated to record tremendous gains during 2020-2026.

Soaring demand for higher-cranking power batteries, widespread adoption of start-stop technologies, and increasing passenger vehicle sales are variables driving the growth of America SLI battery market.

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For those unaware, SLI stands for stating, lighting, and ignition, and an SLI battery is referred to as a rechargeable battery mostly used in automobiles.

Furthermore, leading companies are focusing on gaining competitive edge in the business sphere which is why they are undertaking strategic initiatives in the form of partnerships, and mergers & acquisitions, thus fueling the progress of the industry.

Despite the optimistic outlook, strict government regulations regarding batteries are likely to hinder market development in the forthcoming years.

In terms of technology, America SLI battery industry is categorized into EFB, flooded, and VRLA (GEL, AGM).

From a geographical standpoint, Argentina market is estimated to register massive returns during the assessment timeframe, owing to the surging demand for heavy commercial vehicles (HCVs) and light commercial vehicles (LCVs). Moreover, elevated freight traffic in the nation is expected to augment regional market development. 

Meanwhile, Chile industry is predicted to observe momentous gains during the review period, attributed to the increasing purchasing power in the country, combined with rising proportion of vehicles on the roads.

The prominent companies in America SLI battery market include Enerbrax - Acumuladores Ltda, East Penn Manufacturing Co., Inc., Discover Battery, Exide Technologies LLC, U.S. Battery Manufacturing Co., Enersys, Inc., Braille Battery, Inc., Leoch International Technology Limited, Interstate Batteries System International, Inc., Crown Battery Manufacturing Company, NorthStar Battery Company LLC, Trojan Battery Company, Clarios International, Inc., GS Yuasa Corporation, and Power Sonic Corporation among others.