Lead acid uses sulfuric acid and lead electrodes to store electrical energy. The qualities such as low maintenance cost, durability, and reliability makes lead acid batteries more desirable as compared to other substitutes, such as zinc-carbon battery and lithium-ion batteries.
Market Dynamics
Asia Pacific is the largest market and is expected to dominate the market during the forecast period. The rising disposable income coupled with the growth in the automotive and telecom sector are the major reason fuelling the market growth of lead acid batteries. According to China Association of automobile manufacturers (CAAM), China witnessed a sale of around 2,167,000 cars in July 2017.
Key features of the study:
- This report provides an in-depth analysis of the global lead acid battery size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
- It profiles leading players in the global lead acid battery based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
- Companies covered as a part of this study include Johnson Controls, ATLASBX Co. Ltd., Exide Technologies, East Penn Manufacturing Co, Crown Battery Manufacturing Company, C&D Technologies INC., GS Yuasa Company, Leoch International Technology Ltd, Chaowei Power Holdings Limited, Camel Group Co. Ltd., and Hoppecke Batterien GmbH & Co. KG.
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- The global lead acid battery market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global lead acid battery
Detailed Segmentation
- Global Lead Acid Battery Market, By Product Type:
- SLI Lead Acid Battery
- Stationary Lead Acid Battery
- Motive Lead Acid Battery
- Global Lead Acid Battery Market, By Construction Method:
- Flooded Lead Acid Battery
- VRLA Lead Acid Battery
- Global Lead Acid Battery Market, By End-Use:
- Industrial
- Commercial
- Residential
- Global Lead Acid Battery Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- Italy
- U.K.
- France
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
- Company Profiles
- Johnson Controls
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- ATLASBX Co. Ltd.
- Exide Technologies
- East Penn Manufacturing Co
- Crown Battery Manufacturing Company
- C&D Technologies INC.
- GS Yuasa Company
- Leoch International Technology Ltd.
- Chaowei Power Holdings Limited
- Camel Group Co. Ltd.,
- Hoppecke Batterien GmbH & Co. KG.
"*" marked represents similar segmentation in other categories in the respective section.