Advanced Lead Acid Battery Global Market Report 2023

Description

“Advanced Lead Acid Battery Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on advanced lead acid battery market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Where is the largest and fastest growing market for advanced lead acid battery ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The advanced lead acid battery market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Stationary; Motive
2) By Construction Method: Flooded; VRLA (Valve Regulated Lead Acid battery)
3) By End-User: Utility; Transportation; Industrial; Commercial And Residential
Companies Mentioned: Exide Industries Ltd.; GS Yuasa International Ltd; Clarios; Amara Raja Group; Chaowei Power Holdings Ltd
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the advanced lead acid battery market are Exide Industries Ltd., GS Yuasa International Ltd, Clarios, Amara Raja Group, Chaowei Power Holdings Ltd, Coslight Technology International Group Co. Ltd., Crown Battery, East Penn Manufacturing Company, The Furukawa Battery Co. Ltd., Zhejiang Narada Power Source Co. Ltd., Trojan Battery Company, Tianneng Battery Group Co. Ltd., CSB Energy Technology Co. Ltd., Fiamm Energy Technology S.P.A., Banner Batterien, First National Battery, and Camel Group Co. Ltd.

The global advanced lead acid battery market is expected to grow from $21.93 billion in 2022 to $24.16 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%.The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The advanced lead acid battery market is expected to reach $34.28 billion in 2027 at a CAGR of 9.1%.

The advanced lead acid battery market consists of sales of UPS (uninterruptible power supplies), and battery components. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Advanced lead-acid batteries are an upgraded variant of ordinary lead-acid batteries used for a variety of purposes. These are used in a wide range of applications, including small-scale power storage like UPS systems, starting lighting, and ignition power sources for autos.

Asia-Pacific was the largest region in the Advanced Lead Acid Battery market in 2022. The regions covered in advanced lead acid battery report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main types of advanced lead acid batteries are stationary, and motive. Advanced lead-acid batteries for stationary use are intended to provide backup power in applications such as telecommunications, uninterruptible power supplies (UPS), and renewable energy systems. The various construction methods include flooded, vrla (valve-regulated lead acid battery). These are used by various end-users such as utility, transportation, industrial, commercial, and residential.

The increase in the penetration of electric vehicles is expected to propel the growth of the advanced lead acid battery market going forward. An electric vehicle (EV) is one that runs on electricity rather than an internal combustion engine, which generates power by burning a mixture of fuel and gases. Lead-acid batteries are used in electric vehicles to supplement other battery loads as they are powerful, inexpensive, safe, and dependable and are used for loads in commercially available electric-drive vehicles. For instance, in September 2022, according to the International Energy Agency, a Europe-based intergovernmental organization, the sales of global electric cars doubled to 6.6 million in 2021 compared to 2020, where the sales share of electric cars increased by 4 % points in 2021. Therefore, the increase in the penetration of electric vehicles is driving the growth of the advanced lead acid battery market.

Technological advancements are a key trend gaining popularity in the advanced lead acid battery market. Major companies operating in the advanced lead acid battery are installing innovative and environmentally friendly used lead acid battery recycling plants to sustain their position in the market. For instance, in June 2020, Amara Raja Batteries Limited, an India-based conglomerate company partnered with Gridtential Energy, a US-based provides battery architectures on the bipolar battery technology for Advanced lead-acid batteries with improved life, 40% lower weight. Advanced lead batteries using silicon at heart is also made possible by silicon Joule bipolar technology. According to the business, the energy storage technology is patented, design-driven, low-cost, high-performance, and provides better power density, cycle life, dynamic charge acceptance, and a wider temperature range. The batteries will also be up to 40% lighter while still being fully recyclable as lead batteries. According to Gridtential Energy, Silicon Joule bipolar battery technology combines the advantages of lead batteries with silicon-enabled, high-performance features.

In August 2022, Schuler, a Germany-based forming technology company acquired Sovema Group for an undisclosed amount. With this acquisition, Schuler expands its portfolio of lithium-ion and the lead acid battery parts business that would reach the massive demand for battery manufacturing equipment in Europe and beyond. Sovema Group is an Italy-based company that manufactures lead acid batteries.

The countries covered in the advanced lead acid battery market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The advanced lead acid battery market research report is one of a series of new reports from The Business Research Company that provides advanced lead acid battery market statistics, including advanced lead acid battery industry global market size, regional shares, competitors with an advanced lead acid battery market share, detailed advanced lead acid battery market segments, market trends, and opportunities, and any further data you may need to thrive in the advanced lead acid battery industry. This advanced lead acid battery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Product Code: r7351

1. Executive Summary

2. Advanced Lead Acid Battery Market Characteristics

3. Advanced Lead Acid Battery Market Trends And Strategies

4. Advanced Lead Acid Battery Market - Macro Economic Scenario

4.1. COVID-19 Impact On Advanced Lead Acid Battery Market
4.2. Ukraine-Russia War Impact On Advanced Lead Acid Battery Market
4.3. Impact Of High Inflation On Advanced Lead Acid Battery Market

5. Advanced Lead Acid Battery Market Size And Growth

5.1. Global Advanced Lead Acid Battery Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
5.2. Global Advanced Lead Acid Battery Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market

6. Advanced Lead Acid Battery Market Segmentation

6.1. Global Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Stationary
Motive
6.2. Global Advanced Lead Acid Battery Market, Segmentation By Construction Method, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Flooded
VRLA (Valve Regulated Lead Acid battery)
6.3. Global Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Utility
Transportation
Industrial
Commercial And Residential

7. Advanced Lead Acid Battery Market Regional And Country Analysis

7.1. Global Advanced Lead Acid Battery Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Advanced Lead Acid Battery Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Advanced Lead Acid Battery Market

8.1. Asia-Pacific Advanced Lead Acid Battery Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8.3. Asia-Pacific Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Advanced Lead Acid Battery Market

9.1. China Advanced Lead Acid Battery Market Overview
9.2. China Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Advanced Lead Acid Battery Market

10.1. India Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Advanced Lead Acid Battery Market

11.1. Japan Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Advanced Lead Acid Battery Market

12.1. Australia Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Advanced Lead Acid Battery Market

13.1. Indonesia Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Advanced Lead Acid Battery Market

14.1. South Korea Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Advanced Lead Acid Battery Market

15.1. Western Europe Advanced Lead Acid Battery Market Overview
15.2. Western Europe Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Advanced Lead Acid Battery Market

16.1. UK Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Advanced Lead Acid Battery Market

17.1. Germany Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Advanced Lead Acid Battery Market

18.1. France Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Advanced Lead Acid Battery Market

19.1. Eastern Europe Advanced Lead Acid Battery Market Overview
19.2. Eastern Europe Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Advanced Lead Acid Battery Market

20.1. Russia Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Advanced Lead Acid Battery Market

21.1. North America Advanced Lead Acid Battery Market Overview
21.2. North America Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Advanced Lead Acid Battery Market

22.1. USA Advanced Lead Acid Battery Market Overview
22.2. USA Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Advanced Lead Acid Battery Market

23.1. South America Advanced Lead Acid Battery Market Overview
23.2. South America Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Advanced Lead Acid Battery Market

24.1. Brazil Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Advanced Lead Acid Battery Market

25.1. Middle East Advanced Lead Acid Battery Market Overview
25.2. Middle East Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Advanced Lead Acid Battery Market

26.1. Africa Advanced Lead Acid Battery Market Overview
26.2. Africa Advanced Lead Acid Battery Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Advanced Lead Acid Battery Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Advanced Lead Acid Battery Market Competitive Landscape And Company Profiles

27.1. Advanced Lead Acid Battery Market Competitive Landscape
27.2. Advanced Lead Acid Battery Market Company Profiles
- 27.2.1. Exide Industries Ltd.
  - 27.2.1.1. Overview
  - 27.2.1.2. Products and Services
  - 27.2.1.3. Strategy
  - 27.2.1.4. Financial Performance
- 27.2.2. GS Yuasa International Ltd
  - 27.2.2.1. Overview
  - 27.2.2.2. Products and Services
  - 27.2.2.3. Strategy
  - 27.2.2.4. Financial Performance
- 27.2.3. Clarios
  - 27.2.3.1. Overview
  - 27.2.3.2. Products and Services
  - 27.2.3.3. Strategy
  - 27.2.3.4. Financial Performance
- 27.2.4. Amara Raja Group
  - 27.2.4.1. Overview
  - 27.2.4.2. Products and Services
  - 27.2.4.3. Strategy
  - 27.2.4.4. Financial Performance
- 27.2.5. Chaowei Power Holdings Ltd
  - 27.2.5.1. Overview
  - 27.2.5.2. Products and Services
  - 27.2.5.3. Strategy
  - 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Advanced Lead Acid Battery Market

29. Advanced Lead Acid Battery Market Future Outlook and Potential Analysis

30. Appendix

30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer