Press release
Global lead acid battery market is projected to reach US$58.5 Bn by 2020
By application type, the global lead acid battery market is segmented as transportation, stationary industrial, motive industrial, stationary industrial, commercial, residential and grid storage. Transportation and stationary industrial collectively contributed to around 77.9% of market revenue in 2014. Transportation was the largest end-use application in the global lead acid battery market in 2014, and is anticipated to continue its dominance through 2020. Stationary industrial is the second largest contributor to the global lead acid battery market, and is expected to register the fastest CAGR of 8.6% during the forecast period.
The report finds that grid storage is one of the smallest end-use application segments in the global lead acid battery market, but is anticipated to register a robust CAGR of 7.3% during the forecast period.
Request Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-54
Lead acid batteries are predominantly used in passenger cars, commercial vehicles and two wheelers. In addition to that, demand for lead acid battery has also surged due to the increasing adoption of UPS, owing to urbanization and industrialization. Adoption of grid storage technology in developing countries such as India and China is expected to fuel the global lead acid battery market. In addition to that, an increase in the demand for electric vehicles is expected to further accelerate the expansion of the lead acid battery market globally.
Moreover, key challenges in the lead acid battery market are raw material price volatility, and emission standards. Lead is the essential raw material used in the manufacturing of lead acid batteries. Lead prices account for approximately 49% of the overall cost of the lead acid batteries. Any fluctuations in lead prices affect the overall profitability of lead acid battery manufacturers.
The U.S. Environmental Protection Agency (EPA) has published new lead emissions standards under the National Ambient Air Quality Standards (NAAQS) in November 2008. The new standards curb lead emissions by restricting off-site concentration standards for lead in air from 1.5 mg per cubic meter to 0.15 mg per cubic meter. These factors are inhibiting the growth of the lead acid battery market.
Region-wise, Asia Pacific is the largest contributor in the global market, and is expected to continue its dominance till 2020. Currently, the Asia Pacific lead acid battery market is valued at US$ 15,297 Mn and is expected to reach US$ 19,881 Mn. by 2020. North America and Western Europe are other major markets contributing 21.6% and 18.7% respectively, to the global lead acid battery revenue. Eastern Europe accounted for the lowest contribution in terms of revenue in 2014, but is expected to register the highest growth at a CAGR of 5.5% over the forecast period.
Visit For TOC@ https://www.futuremarketinsights.com/askus/rep-gb-54
The degree of competition in the global lead acid battery market has been analyzed in the report, which also presents the comparative view of the key strategies and financial outlook of major companies operating in global lead acid battery market. These include Johnson Controls INC, Exide Technologies, GS Yuasa Corporation and EnerSys.
About Us – Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India
Contact Us:
Future Market Insights
616 Corporate Way,
Suite 2-9018,
Valley Cottage,
New York 10989,
United States
Tel: +1-347-918-3531
Fax: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global lead acid battery market is projected to reach US$58.5 Bn by 2020 here
News-ID: 1021083 • Views: …
More Releases from Future Market Insights
European Ethyleneamines Market Outlook 2025-2035: Key Developments and Future Sc …
The global Ethyleneamines Market is on track for a decade of accelerated expansion, driven by rising consumption across adhesives, water treatment, automotive additives, crop protection, and high-performance resin systems. According to updated market projections, the industry-valued at USD 3.3 billion in 2025-is expected to reach USD 6.1 billion by 2035, advancing at a 6.4% CAGR.
Growth between 2025 and 2030 will lift market value from USD 3.3 billion to roughly USD…
Sodium Malate - Top Global Industry Trends in 2026
The global sodium malate market is witnessing steady expansion, fueled by the growing adoption of clean-label additives and pH regulators across the food, beverage, cosmetic, and pharmaceutical sectors. Rising consumer health consciousness and a preference for functional, low-calorie, and natural products are further driving the ingredient's demand as a flavor enhancer and acidity regulator.
To Explore Detailed Market Data, Segment-Wise Forecasts, and Competitive Insights, Request Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-9853
Projected to grow…
Eggshell Membrane Powder - Top Global Industry Trends in 2026
The global eggshell membrane powder market is witnessing significant momentum as consumers increasingly seek natural, bioactive ingredients for health and wellness applications. Rich in collagen, elastin, and glycosaminoglycans, eggshell membrane powder is driving innovation across nutraceuticals, functional foods, and personal care products, aligning with rising awareness of joint, bone, and skin health.
To Explore Detailed Market Data, Segment-Wise Forecasts, and Competitive Insights, Request Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-10068
Projected to grow from USD…
Egg-Free Mayonnaise - Top Global Industry Trends in 2026
The global egg-free mayonnaise market is poised for robust growth, reflecting consumers' growing preference for plant-based, vegan, and allergen-free food alternatives. Driven by health consciousness, ethical eating habits, and sustainability concerns, the market is evolving with innovations in taste, texture, and accessibility.
To Explore Detailed Market Data, Segment-Wise Forecasts, and Competitive Insights, Request Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-9550
The market is projected to expand from USD 4.9 billion in 2025 to USD 9.1…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
