PUBLISHER: TechNavio | PRODUCT CODE: 1349959
PUBLISHER: TechNavio | PRODUCT CODE: 1349959
The lead-acid battery market in Indonesia is forecasted to grow by USD 70.33 mn during 2022-2027, accelerating at a CAGR of 3.35% during the forecast period. The report on the lead-acid battery market in Indonesia 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 growth in automotive market, increase in demand for industrial applications, and change in energy mix.
Technavio's lead-acid battery market in Indonesia is segmented as below:
Market Scope | |
---|---|
Base Year | 2022 |
End Year | 2027 |
Series Year | 2023-2027 |
Growth Momentum | Accelerate |
YOY 2023 | 3.11% |
CAGR | 3.35% |
Incremental Value | $70.33mn |
By Application
By Type
By Geographical Landscape
This study identifies the rising adoption of microgrids as one of the prime reasons driving the lead-acid battery market in Indonesia growth during the next few years. Also, growing need for environmentally friendly vehicles and upcoming railway projects will lead to sizable demand in the market.
The report on the lead-acid battery market in Indonesia covers the following areas:
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 Indonesia vendors that include Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH, C and D Technologies Inc., EnerSys, Furukawa Electric Co. Ltd., GS Yuasa International Ltd., Guangdong Yuasa Battery Co. Ltd., 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 Indonesia 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.
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