Lead Acid Battery Market 2018 Global Key Players: Johnson Controls, ATLASBX, Exide Technologies, NorthStar, GS Yuasa, Narada Power Source, Leoch International Technology, C&D Technologies

Market Research Future published a research report on “Lead Acid Battery Market Research Report - Global Forecast To 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Lead Acid Battery Market Global Market- Overview

Globally, the lead acid battery is expected to have a significant growth over the forecast period. This is due to increasing demand for stationary lead acid battery in renewable energy generation power station. However, the lead acid battery market has been categorized based on construction, and product type. Surging rise for flooded batteries in marine applications associated with high effective power output is presumed to increase the demand over the forecast period. Further, the marine industry is expanding its reach in North America and Europe region. The expansion is due to increase in number of commercial sector which includes, trade, coast guard securities, and other leisure activities. Additionally, increase in number of memorandum of understanding (MoUs) between advanced economies such as U.S., Germany and emerging economies such as India, to boost automotive market is considered as one of the growing factors for the lead acid battery market. On the flip side, high lead content in the product is expected to hamper the environment which is presumed to be a restraining for the market growth.

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Segments:

The global lead-acid battery market is segmented by product, construction method, and end-user. Based on the product segment, the market is segmented into stationary, motive, SLI. By construction method, the market is segmented into VRLA (valve-regulated lead-acid) and flooded. By the end-user, the market is segmented into stationary industrial, residential, commercial, automotive, telecommunication, transportation, oil & gas, electronics, and others.

Key Players

Some of the prominent players in the global Lead Acid Battery Market: Johnson Controls (U.S), ATLASBX Co. Ltd. (South Korea), Exide Technologies (U.S.), East Penn Manufacturing Co. (U.S.), NorthStar (Sweden), Crown Battery Manufacturing (U.S.), C&D Technologies, Inc. (U.S.), GS Yuasa Corp (Japan), Narada Power Source Co., Ltd. (China) and Leoch International Technology Ltd. (China) and others.

Regional Analysis:

The global lead-acid battery market is studied in Asia Pacific, North America, Europe, and Rest of the World. It has been observed that Asia Pacific region accounts for the largest share of the lead acid battery market. Owing to promising government regulations that encourage investments from public-private partnerships, foreign direct investments and emerging economies from developing nation such as China, India, and South Korea are expected to fuel the lead acid battery market. The European region is expected to show a considerable growth on account of increasing number of offshore and onshore renewable energy industry in Germany, Italy, Sweden, and the U.K. Furthermore, growing population and increasing disposable income of people in the region are likely to boost the demand for passenger cars, thereby aiding the market growth.

Industry News

August 2017, C& D technologies, based in Blue Bell, Pennsylvania, one of the leading manufacturers, engineers, Suppliers and Services for utility, telecommunications, uninterruptible power supply, cable, broadband and renewable energy markets has been acquired by KPS Capital Partners, which is an investing firms. By this partnership, C&D technologies will be able to invest in advancing their plants and a range of growth initiatives that will benefit customers.

January 2018, GS Yuasa Corporation, Japan based one of the leading lead acid automobile and motorcycle batteries manufacturers, has declared that their lithium-ion batteries have been implemented by Epsilon-3 Launch Vehicle.

March 2017, Crown Battery, one of the leading manufacturer of advanced technology, has completed the acquisition of Industrial Power Source (IPS), Inc. IPS, which is an innovative distributor and servicer of industrial batteries and chargers for lift truck dealers and end-users of electric material handling equipment. By the acquisition, the company would be integrating the products, service and support to become one of the SoCal's pioneer motive power companies.

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Intended Audience

• Technology Investors
• Research/Consultancy firms
• Technology Solution Providers
• Original Equipment Manufacturers
• Automotive manufacturers
• Chemical Solution Providers

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