Lead-acid Battery Market to Cross 107.59 Billion USD globally by 2026 | Worldwide Top Key Players - CSB Battery, Chloride Batteries SE, Nipress, BB Battery, Zibo Torch Energy, Johnson Controls

Marketprognosis.com Publish a New Market Research Report On “Lead-acid Battery - Global Market Outlook (2017-2026)” which contains global key player’s survey information and forecast to 2026.

Overview of the Global Lead-acid Battery Market:

The Global Lead-acid Battery Market is accounted for $57.19 Billion in 2017 and is expected to reach $107.59 Billion by 2026 growing at a CAGR of 7.3% during the forecast period.

Growing industrialization and urbanization, raising usage in hybrid and electric vehicles, and technological advancements are the factors propelling the market growth. However, intense competition, stringent government regulations are hampering the market growth. Moreover, huge demand for UPS in industrial sector provides a significant growth opportunity for the market over the forecast period.

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On the basis of Product Type segment, the SLI product is expected to grow and account for the largest share in the market due to its demand in applications requiring high power including automotive and also huge growth of vehicle manufacturing in developing countries.

Geographically, Asia Pacific is expected to witness the largest growth during the forecast period owing to its increasing need for energy storage systems. Rising demand for renewable energy along with favourable support from the government for the development of solar and wind energy is anticipated to drive the usage of energy storage systems.

Major Key Players:

1 Leoch International Technology Ltd.

2 CSB Battery Co., Ltd.

3 Chloride Batteries S E Asia Pte. Ltd.

4 Nipress

5 B.B. Battery Co., Ltd.

6 Zibo Torch Energy Co., Ltd.

7 Johnson Controls and More……………

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Market Segment by Constructions:

1 VRLA

2 Flooded

Market Segment by Product Types:

1 Stationary

2 SLI

3 Motive

This study answers to the below key questions:

1 What will the market size be in 2026 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

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Table of Contents:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Lead-acid Battery Market, By Construction

6 Global Lead-acid Battery Market, By Product Type

7 Global Lead-acid Battery Market, By Application

8 Global Lead-acid Battery Market, By Geography

9 Key Developments

10 Company Profiling

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This release was published on openPR.