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(AsiaNewsWire.Net, June 05, 2019 ) A jump starter is used to boost a discharged or dead battery of a vehicle by connecting with external power sources. Once the vehicle is started, its regular charging system rejuvenates and the auxiliary source can be removed. An increasing number of the aging vehicle paired with the rise in accidental discharge of battery is increasing the demand for carrying jumper cable and fueling automotive jump starter market.
The "Global automotive jump starter market Analysis to 2027" is a specialized and in-depth study of the automotive jump starter industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive jump starter market with detailed market segmentation by product type, battery type, vehicle type, and geography. The global automotive jump starter market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive jump starter market players and offers key trends and opportunities in the market.
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A rapid increase in the automobile sales, excessive use of vehicles, protection against current overload, and a reverse impact of overcharging, are driving the automotive jump starter market. However, the use of the jump starter is limited to professional use due to the accidental cause, which is restricting market growth. On the other hand, lighter weight, the smaller size of Lithium-ion battery, and advancement are safety features are creating opportunities for the automotive jump starter market.
Leading Key Players:
Antigravity Batteries LLC
Guangdong Bestek E-Commerce Co., Ltd
Schumacher Electric Corporation
Shenzhen CARKU Technology Co., Ltd
Shenzhen Kayo Maxtar Battery Limited
Stanley Black & Decker, Inc.
The global automotive jump starter market is segmented on the basis of product type, battery type and Vehicle Type. Based on product type, the market is segmented as jump boxes and plug-in units. On the basis of the battery type the market is segmented into lithium ion battery and lead acid battery. Based on vehicle type, the market is segmented as passenger cars, LCVs, and HCVs.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive jump starter market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive jump starter market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive jump starter market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the automotive jump starter market in these regions.
The reports cover key developments in the automotive jump starter market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from automotive jump starter market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive jump starter in the global market. Below mentioned is the list of few companies engaged in the automotive jump starter market.
The report also includes the profiles of key automotive jump starter companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
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