Press release
Lead-Acid Battery Market Set to Surge Significantly During 2027
Lead-Acid batteries are power storage devices that are widely used in automotive, UPS, telecommunication, and for various other purposes in numerous industries and sectors. A lead-acid battery comprises four main elements: a positive plate which is covered with a paste of lead dioxide; a negative plate made of sponge lead; a separator made of insulating material between the two plates that allows the electrolyte and the ions into it to enable conduction without the two plates touching and an electrolyte consisting of water and sulphuric acid.
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his report on the global lead acid battery market has been compiled by a group of professional research analysts who are experts in the field of chemical engineering and the commerce of it, targeting audiences such as manufacturers of lead acid batteries, raw material suppliers and distributors, government agencies, and research institutes.
Beginning with an executive summary that provides insights on how the demand for lead acid batteries has evolved in the recent past and what are its future prospects, the report dives into market introduction and view point including macro-economic factors. The report takes historical data from 2012 to 2026 and provides forecasts during the period of 2017 to 2027.
The report segments the lead acid battery market on the basis of product type and application, providing key trends and developments as well as market attractive analysis.
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Moving on, various regions and countries have been evaluated for the potential of demand they are promising in the near future. The report concludes with an elaborated chapter on competitive landscape, in which numerous key players have been profiled for their product portfolio, regional presence, and recent strategic decisions.
Global Lead-Acid Battery Market: Key Research Aspects
The primary research is a collaboration of present and future scenario. It includes major drivers, restraints, opportunities and trends, key challenged faced by manufacturers and customers, key winning strategies followed by manufacturers, and market segmentation criterion.
The secondary research included automotive production trend and forecast across geographies, telecom industry production trend and forecasts, technology comparison and performance criterion, key researches by organizations and industry associations.
Some of the key sources referred to are: industry association publications, annual reports, publications, presentation of automotive companies and lead-acid battery manufacturers, and OICA, SIAM, AMRA, ACEA, OESA, ASA, NAATA, JAMA, CAAM, ASEAN Automotive Federation and Government Websites.
The analyst of this report on the global lead acid battery market have also collected information via industry experts, lead-acid battery manufacturers, association members, automotive industry professionals, automotive component suppliers, and integrators and MRO service providers.
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Global Lead-Acid Battery Market: Segmentation
Based on product type, the report segments the lead acid battery market into AGM battery, gel battery, and flooded battery. Application-wise, the market has been categorized into transportation, motive industrial, grid storage, commercial, residential grid storage, and stationary industrial.
Geographically, the report gauges the potential of demand for lead acid battery that can be expected out of Asia Pacific excluding Japan (APEJ), North America, Latin America, Western Europe, Eastern Europe, the Middle East and Africa, and Japan.
For each of these regions and countries, the analyst has included historical data on how the demand has increased since 2012 and forecasted what peaks it can attain by the end of 2027.
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