Press release
Lead–Acid Battery Market Share, Strategies, Emerging Technologies For Johnson Controls, GS Yuasa Battery Europe Ltd, Exide Technologies, EnergySys Limited, Yokohama Industries Americas Ohio Inc., Hitachi Chemical Energy Technology & AC Delco
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On the basis of construction, the lead–acid battery market is categorized into flooded and valve regulated lead–acid (VRLA). Traditionally, flooded lead-acid battery held the larger share in the market, contributing more than 51.0% in terms of volume. This is in coherence with its cost-effectiveness for entry level start-stop vehicles over its counterpart.
On basis of application, the lead–acid battery market is classified into automobile, utilities, construction, telecommunication, marine, leisure, uninterrupted power supply (UPS), and others. The others category comprises military and mining applications. Automotive was the largest application area in the market, contributing more than 65.0% share in terms of volume in 2017.
Globally, the lead–acid battery market is expected to witness the fastest growth in APAC, in terms of volume, with 4.2% CAGR during the forecast period. This growth can be majorly attributed to growing demand of lead–acid batteries for applications in automotive sector and telecommunication networks.
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Some of the major players operating in the global lead–acid battery market include Johnson Controls International plc, GS Yuasa Corporation, Exide Technologies, EnergySys Limited, Fujian Quanzhou Dahua Battery Co. Ltd., B.B. Battery Co. Ltd., Yokohama Industries Berhad, Hitachi Chemical Energy Technology Co. Ltd., C&D Technologies Inc., ATLASBX Co. Ltd., AC Delco Corporation, First National Battery Corporation, and Amara Raja Corporation.
GLOBAL LEAD–ACID BATTERY MARKET SEGMENTATION
Market Segmentation by Construction
Flooded
Valve-Regulated Lead–Acid (VRLA)
Market Segmentation by Type
Standby
Motive
SLI
Market Segmentation by Application
Automotive
Non-electric vehicles
Electric vehicles (EVs)
Transport vehicles
Forklifts
Utilities
Oil and Gas
Construction
Telecommunication
Marine
UPS
Leisure
Others (Military and Mining)
Market Segmentation by Geography
North America
U.S.
Canada
Europe
Germany
France
Spain
U.K.
Rest of Europe
APAC
China
Japan
India
Rest of APAC
Latin America (LATAM)
Mexico
Brazil
Rest of LATAM
Middle East and Africa (MEA)
Saudi Arabia
South Africa
Rest of MEA
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Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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