openPR Logo
Press release

Lead Acid Battery Market Analysis 2024 | Top Industry Players - East Penn Manufacturing, Johnson Controls, EnerSys, MEBCO, Leoch International Technology Ltd, NorthStar Group, HOPPECKE Batteries, Inc.

10-29-2018 10:33 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Lead Acid Battery Market

Lead Acid Battery Market

Lead Acid Battery Market share will reach USD 75 Billion by 2024, as per the latest study report by Global Market Insights, Inc.

Strengthening demand for backup power driven by growing investments toward IT infrastructure expansion will stimulate the lead acid battery market size. Massive capital spending to enhance data service businesses while establishing increased capacity for future data explosion will fuel the industry growth. For instance, according to CBRE, investment in the U.S. datacenter industry reached record levels in 2017 with a value of over USD 20 billion.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2765

The U.S. lead acid battery market, in 2017 was valued over USD 8 billion. Increasing demand for reliable power quality across critical power applications in communications, Oil&Gas networks, and for the data storage in Uninterruptible Power Supply (UPS) will propel the industry growth. In addition, the robust expansion of datacenter infrastructure will accelerate the deployment of these batteries. For instance, Apple announced to boost its U.S. datacenters capex by an investment of USD 10 billion over the next 5 years.

Growth Drivers:

• Cost competitive energy storage solution
• Expanding datacenter infrastructure
• Growing demand for uninterrupted power supply
• Burgeoning expansion in automotive industry
• Rapid technological advancement and expansion in the telecom sector

Europe lead acid battery market, in 2017 exceeded annual sales of 90 million units. Growing investments in industrial material handling equipment, green transport and renewable power generation will augment the industry growth. Lead-based batteries play an imperative role in attaining the EU’s emission reduction targets, through regenerative braking and start-stop functionality in micro hybrid vehicles, and for grid stabilization and renewable energy storage.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2765

China lead acid battery market is predicted to expand over 5% by 2024. The industry growth is largely attributed to the vast domestic ebikes industry along with the introduction of energy storage development policies. For instance, the national government, under its 13th Five Year Plan (2016-2020) promotes the construction of distributed energy generation in the country, thereby facilitating the deployment of these batteries. According to the China Energy Storage Alliance (CNESA), lead-acid batteries, in 2016, accounted for over 69% of the newly installed capacity in microgrids and distributed generation.

SLI lead acid battery market will witness growth on account of increasing automotive sales across emerging economies, driven by increasing consumer spending and significant economic growth. In addition, the growing prominence of advanced lead batteries in micro hybrid vehicles as a means to minimize carbon emissions will further stimulate the industry growth. According to the Battery Council International (BCI), as of 2017, over 99 % of the passenger cars in Europe operated on lead-based batteries.

VRLA lead acid battery market will witness robust growth on account of its technical superiority and high-power performance across diverse application sectors. In addition, the growing need for improved performance for start-stop vehicles and regenerative braking will shift the industry trends toward these batteries. The ability to offer safe handling and minimal maintenance will further support their sturdy deployment across the industry landscape.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/lead-acid-battery-market

Notably industry participants in the lead acid battery market include Johnson Controls, East Penn Manufacturing, Furukawa Battery, Mutlu, Enersys, Middle East Battery Company, NorthStar Battery Company, Leoch International Technology, Amara Raja Batteries, Hoppecke Batteries, Fengfan amongst others.

Lead acid battery market research report includes in-depth coverage of the industry with estimates & forecast in terms of Units and USD from 2013 to 2024, for the following segments:

Lead Acid Battery Market, By Application

Stationary
Telecommunications
UPS
Control & Switchgear
Others
Motive
SLI
Automobiles
Motorcycles

Lead Acid Battery Market, By Construction

Flooded
VRLA

Lead Acid Battery Market, By Sales Channel

OEM
Aftermarket

Visit Our Blog:

http://cmferesearch.com/

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporte Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.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 Lead Acid Battery Market Analysis 2024 | Top Industry Players - East Penn Manufacturing, Johnson Controls, EnerSys, MEBCO, Leoch International Technology Ltd, NorthStar Group, HOPPECKE Batteries, Inc. here

News-ID: 1335090 • Views:

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases


More Releases for Battery

America SLI Battery Market Segment, Trends and Forecast to 2026 | XS Power Batte …
Global Market Insights has launched a report on America SLI Battery Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere. Global Market Insights, Inc. forecasts the America SLI Battery Market
Golf Cart Battery Market | Axion Power, Samsung SDI, Dyno Battery, Smart Battery
Global Golf Cart Battery Market: Overview The global market for golf cart batteries is expected to expand at a promising pace in the next few years, with the rising uptake of golf carts as practical transportation modes for elderly in places such as airports, crowded stations, and tourist locations globally expected to act as a key growth factor. The increased usage of golf carts other nonconventional application areas is also expected
Global Power Energy Storage Battery Market 2019 - Lithium Ion Battery,All-vanadi …
Power Energy Storage Battery Market The Global Power Energy Storage Battery Market 2019 Research Report incorporates a total and careful investigation of Power Energy Storage Battery industry covering diverse perspectives like market volume, piece of the overall industry, advertise techniques, Power Energy Storage Battery development patterns, assortment of uses, use volume, request and supply examination, creation limit and Power Energy Storage Battery industry cost structures amid Forecast period from
Space Battery Market analysis report- with Leading players, Types Nickel-based B …
Space Battery Market The Space Battery Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The report also analyzes the development proposals and the feasibility of new investments. The Space Battery Market report has been collated in order to provide guidance and direction to the companies and individuals interested in buying this
Global EV Battery Recycling Market : Nickel–Cadmium Battery, Nickel–Metal Hy …
The EV Battery Recycling Market Research Report consists of all the essential information in regards to the global market. This report presents an in-depth analysis of various industry factors, such as the market trends, dynamics, production, estimates, industry development drivers, size, share, investigation, supply, forecast trends, sales, industry demand, as well as several other factors. The Global EV Battery Recycling Market report has been generated leveraging a target amalgamation
Global Lead Acid UPS Battery Market 2017 : Sebang Global Battery, CSB Battery, H …
Global Lead Acid UPS Battery Market 2016-2017 A market study based on the " Lead Acid UPS Battery Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Lead Acid UPS Battery Market 2017’. The research report analyses the historical as well as present performance of the worldwide Lead Acid UPS Battery industry, and makes predictions on the future status of Lead Acid UPS Battery