Market Research Report
UAE Lead Acid Battery Market, By Product Type, By Construction Method, By Technology, By Application, By Region, Competition Forecast & Opportunities, 2017-2027
|UAE Lead Acid Battery Market, By Product Type, By Construction Method, By Technology, By Application, By Region, Competition Forecast & Opportunities, 2017-2027|
Published: May 1, 2022
Content info: 75 Pages
Delivery time: 2-3 business days
UAE lead acid battery market is projected to grow at a significant rate during the forecast period. The market growth can be attributed to the flourishing telecommunication industry and increasing demand for UPS systems that rely on lead acid batteries. Besides, rising demand for lead acid batteries from the automotive industry and energy efficient solutions across various end-user industries are expected to propel the growth of the UAE lead acid battery market in the coming years. Additionally, surging demand for lead-acid batteries and growth in renewable energy productions are aiding the market growth. Moreover, rising demand for energy storage is supporting the UAE lead acid battery market growth during the forecast period. Technological advancements in the battery technology and expansion of the telecommunication sectors are also some of the factors aiding the market growth.
Rapid boom in the competitive wireless industry owing to rising need for connectivity and rapid technological development and improvements are continuing to be important drivers for innovation and growth across various end-use sectors. Major telecom players are increasingly investing to expand and develop their processes and operations for greater profits, leading to growth of multiple technological innovations. Thus, advancements in the wireless telecom industry and communication technologies are further expected to boost the growth of lead acid batteries market in the coming years. However, rising popularity of lithium ion batteries can hamper the growth of UAE lead acid battery market during the forecast period.
The UAE lead acid battery market is segmented based on product type, construction method, technology, application, company, and region. Based on product type, the market can be categorized into SLI, stationary and motive. The SLI segment is anticipated to hold the largest share in the UAE lead acid battery market. Increasing use of SLI batteries in automobiles, power starter motors, and ignition systems or other internal combustion engines with high performance are contributing to the dominance of the segment. Based on construction method, the market is further divided into flooded and VRLA. The flooded segment is anticipated to hold the largest share in the market as lead acid batteries are increasingly utilized in diesel-electric submarines to power electric motors and nuclear submarines as an emergency power backup.
Leading players in the UAE lead acid battery market are Exide Batteries, LLC, Atlasbx Co. Ltd., AC DELCO, SEBANG Global Battery Co Ltd, Johnson Controls International plc, C&D Technologies, MEA and others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across UAE. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across UAE.
TechSci Research calculated the market size of UAE lead acid battery market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, UAE lead acid battery market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Advanced Lead Acid
Rest of UAE
Company Profiles: Detailed analysis of the major companies present in UAE lead acid battery market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: