Lead-acid Battery Market in Southeast Asia 2024-2028

The lead-acid battery market in Southeast Asia is forecasted to grow by USD 1.18 bn during 2023-2028, accelerating at a CAGR of 6.54% during the forecast period. The report on the lead-acid battery market in Southeast Asia provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by significant growth in automotive market, efficient usage of lead-acid batteries in industrial applications, and increase in demand due to change in energy mix.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.08%
CAGR	6.54%
Incremental Value	$1.18bn

Technavio's lead-acid battery market in Southeast Asia is segmented as below:

By Type

FLA batteries
VRLA batteries

By Application

Automotive
Industrial
Others

This study identifies the increase in demand for lead-acid batteries owing to rising adoption of microgrids as one of the prime reasons driving the lead-acid battery market in Southeast Asia growth during the next few years. Also, growing need for environmentally friendly vehicles and upcoming railway projects leading to increase in demand for lead-acid batteries will lead to sizable demand in the market.

The report on the lead-acid battery market in Southeast Asia covers the following areas:

Lead-acid battery market in Southeast Asia sizing
Lead-acid battery market in Southeast Asia forecast
Lead-acid battery market in Southeast Asia industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lead-acid battery market in Southeast Asia vendors that include Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH, ACE Green Recycling Inc., C and D Technologies Inc., Contemporary Amperex Technology Co. Ltd., East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., Furukawa Electric Co. Ltd., Gravita India Ltd., GS Yuasa International Ltd., Hankook Tire and Technology Co. Ltd., Johnson Controls International Plc, Leoch International Technology Ltd., Narada Asia Pacific Pte. Ltd., Panasonic Holdings Corp., PT Century Batteries Indonesia, PT New Indobatt Energy Nusantara, PT Selatan Jadi Jaya, PT. Tri Mega Baterindo, and PT. Trimitra Baterai Prakasa. Also, the lead-acid battery market in Southeast Asia analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR44259

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Southeast Asia - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Southeast Asia: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)

4 Historic Market Size

4.1 Lead-acid battery market in Southeast Asia 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on lead-acid battery market in southeast Asia 2018 - 2022 ($ billion)
4.2 Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 22: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 23: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 24: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 25: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 26: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 27: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 28: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
Exhibit 29: Chart on Type - Market share 2023-2028 (%)
Exhibit 30: Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Exhibit 31: Chart on Comparison by Type
Exhibit 32: Data Table on Comparison by Type
6.3 FLA batteries - Market size and forecast 2023-2028
Exhibit 33: Chart on FLA batteries - Market size and forecast 2023-2028 ($ billion)
Exhibit 34: Data Table on FLA batteries - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Chart on FLA batteries - Year-over-year growth 2023-2028 (%)
Exhibit 36: Data Table on FLA batteries - Year-over-year growth 2023-2028 (%)
6.4 VRLA batteries - Market size and forecast 2023-2028
Exhibit 37: Chart on VRLA batteries - Market size and forecast 2023-2028 ($ billion)
Exhibit 38: Data Table on VRLA batteries - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Chart on VRLA batteries - Year-over-year growth 2023-2028 (%)
Exhibit 40: Data Table on VRLA batteries - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
Exhibit 41: Market opportunity by Type ($ billion)
Exhibit 42: Data Table on Market opportunity by Type ($ billion)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 43: Chart on Application - Market share 2023-2028 (%)
Exhibit 44: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 45: Chart on Comparison by Application
Exhibit 46: Data Table on Comparison by Application
7.3 Automotive - Market size and forecast 2023-2028
Exhibit 47: Chart on Automotive - Market size and forecast 2023-2028 ($ billion)
Exhibit 48: Data Table on Automotive - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Chart on Automotive - Year-over-year growth 2023-2028 (%)
Exhibit 50: Data Table on Automotive - Year-over-year growth 2023-2028 (%)
7.4 Industrial - Market size and forecast 2023-2028
Exhibit 51: Chart on Industrial - Market size and forecast 2023-2028 ($ billion)
Exhibit 52: Data Table on Industrial - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Chart on Industrial - Year-over-year growth 2023-2028 (%)
Exhibit 54: Data Table on Industrial - Year-over-year growth 2023-2028 (%)
7.5 Others - Market size and forecast 2023-2028
Exhibit 55: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 56: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 58: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Application
Exhibit 59: Market opportunity by Application ($ billion)
Exhibit 60: Data Table on Market opportunity by Application ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 61: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 62: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibit 63: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
9.2 Geographic comparison
Exhibit 64: Chart on Geographic comparison
Exhibit 65: Data Table on Geographic comparison
9.3 Thailand - Market size and forecast 2023-2028
Exhibit 66: Chart on Thailand - Market size and forecast 2023-2028 ($ billion)
Exhibit 67: Data Table on Thailand - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Chart on Thailand - Year-over-year growth 2023-2028 (%)
Exhibit 69: Data Table on Thailand - Year-over-year growth 2023-2028 (%)
9.4 Malaysia - Market size and forecast 2023-2028
Exhibit 70: Chart on Malaysia - Market size and forecast 2023-2028 ($ billion)
Exhibit 71: Data Table on Malaysia - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Chart on Malaysia - Year-over-year growth 2023-2028 (%)
Exhibit 73: Data Table on Malaysia - Year-over-year growth 2023-2028 (%)
9.5 Indonesia - Market size and forecast 2023-2028
Exhibit 74: Chart on Indonesia - Market size and forecast 2023-2028 ($ billion)
Exhibit 75: Data Table on Indonesia - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Chart on Indonesia - Year-over-year growth 2023-2028 (%)
Exhibit 77: Data Table on Indonesia - Year-over-year growth 2023-2028 (%)
9.6 Singapore - Market size and forecast 2023-2028
Exhibit 78: Chart on Singapore - Market size and forecast 2023-2028 ($ billion)
Exhibit 79: Data Table on Singapore - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Chart on Singapore - Year-over-year growth 2023-2028 (%)
Exhibit 81: Data Table on Singapore - Year-over-year growth 2023-2028 (%)
9.7 Rest of Southeast Asia - Market size and forecast 2023-2028
Exhibit 82: Chart on Rest of Southeast Asia - Market size and forecast 2023-2028 ($ billion)
Exhibit 83: Data Table on Rest of Southeast Asia - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Chart on Rest of Southeast Asia - Year-over-year growth 2023-2028 (%)
Exhibit 85: Data Table on Rest of Southeast Asia - Year-over-year growth 2023-2028 (%)
9.8 Market opportunity By Geographical Landscape
Exhibit 86: Market opportunity By Geographical Landscape ($ billion)
Exhibit 87: Data Table on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 88: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 89: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 90: Overview on factors of disruption
11.4 Industry risks
Exhibit 91: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 92: Vendors covered
12.2 Market positioning of vendors
Exhibit 93: Matrix on vendor position and classification
12.3 Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH
Exhibit 94: Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH - Overview
Exhibit 95: Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH - Product / Service
Exhibit 96: Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH - Key offerings
12.4 C and D Technologies Inc.
Exhibit 97: C and D Technologies Inc. - Overview
Exhibit 98: C and D Technologies Inc. - Product / Service
Exhibit 99: C and D Technologies Inc. - Key offerings
12.5 East Penn Manufacturing Co. Inc.
Exhibit 100: East Penn Manufacturing Co. Inc. - Overview
Exhibit 101: East Penn Manufacturing Co. Inc. - Product / Service
Exhibit 102: East Penn Manufacturing Co. Inc. - Key news
Exhibit 103: East Penn Manufacturing Co. Inc. - Key offerings
12.6 EnerSys
Exhibit 104: EnerSys - Overview
Exhibit 105: EnerSys - Business segments
Exhibit 106: EnerSys - Key offerings
Exhibit 107: EnerSys - Segment focus
12.7 Exide Industries Ltd.
Exhibit 108: Exide Industries Ltd. - Overview
Exhibit 109: Exide Industries Ltd. - Product / Service
Exhibit 110: Exide Industries Ltd. - Key offerings
12.8 Furukawa Electric Co. Ltd.
Exhibit 111: Furukawa Electric Co. Ltd. - Overview
Exhibit 112: Furukawa Electric Co. Ltd. - Product / Service
Exhibit 113: Furukawa Electric Co. Ltd. - Key offerings
12.9 GS Yuasa International Ltd.
Exhibit 114: GS Yuasa International Ltd. - Overview
Exhibit 115: GS Yuasa International Ltd. - Business segments
Exhibit 116: GS Yuasa International Ltd. - Key news
Exhibit 117: GS Yuasa International Ltd. - Key offerings
Exhibit 118: GS Yuasa International Ltd. - Segment focus
12.10 Hankook Tire and Technology Co. Ltd.
Exhibit 119: Hankook Tire and Technology Co. Ltd. - Overview
Exhibit 120: Hankook Tire and Technology Co. Ltd. - Product / Service
Exhibit 121: Hankook Tire and Technology Co. Ltd. - Key offerings
12.11 Johnson Controls International Plc
Exhibit 122: Johnson Controls International Plc - Overview
Exhibit 123: Johnson Controls International Plc - Business segments
Exhibit 124: Johnson Controls International Plc - Key news
Exhibit 125: Johnson Controls International Plc - Key offerings
Exhibit 126: Johnson Controls International Plc - Segment focus
12.12 Panasonic Holdings Corp.
Exhibit 127: Panasonic Holdings Corp. - Overview
Exhibit 128: Panasonic Holdings Corp. - Product / Service
Exhibit 129: Panasonic Holdings Corp. - Key news
Exhibit 130: Panasonic Holdings Corp. - Key offerings
12.13 PT Century Batteries Indonesia
Exhibit 131: PT Century Batteries Indonesia - Overview
Exhibit 132: PT Century Batteries Indonesia - Product / Service
Exhibit 133: PT Century Batteries Indonesia - Key offerings
12.14 PT New Indobatt Energy Nusantara
Exhibit 134: PT New Indobatt Energy Nusantara - Overview
Exhibit 135: PT New Indobatt Energy Nusantara - Product / Service
Exhibit 136: PT New Indobatt Energy Nusantara - Key offerings
12.15 PT Selatan Jadi Jaya
Exhibit 137: PT Selatan Jadi Jaya - Overview
Exhibit 138: PT Selatan Jadi Jaya - Product / Service
Exhibit 139: PT Selatan Jadi Jaya - Key offerings
12.16 PT. Tri Mega Baterindo
Exhibit 140: PT. Tri Mega Baterindo - Overview
Exhibit 141: PT. Tri Mega Baterindo - Product / Service
Exhibit 142: PT. Tri Mega Baterindo - Key offerings
12.17 PT. Trimitra Baterai Prakasa
Exhibit 143: PT. Trimitra Baterai Prakasa - Overview
Exhibit 144: PT. Trimitra Baterai Prakasa - Product / Service
Exhibit 145: PT. Trimitra Baterai Prakasa - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 146: Inclusions checklist
Exhibit 147: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 148: Currency conversion rates for US$
13.4 Research methodology
Exhibit 149: Research methodology
Exhibit 150: Validation techniques employed for market sizing
Exhibit 151: Information sources
13.5 List of abbreviations
Exhibit 152: List of abbreviations