openPR Logo
Press release

What’s Driving the Lead Acid Battery Market Trends? Company Profiles: Johnson Controls, Exide Technologies, Crown Battery

07-09-2019 06:32 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

What’s Driving the Lead Acid Battery Market Trends? Company

Eminent players operating across lead acid battery market include Mutlu, Fengfan, Hoppecke Batteries, Amara Raja, Leoch International Technologies, NorthStar Battery Company, Middle East Battery Company, Enersys, Furukawa Battery, East Penn Manufacturing, Johnson Controls amongst others.

Lead Acid Battery Market is set to exceed USD 75 Billion by 2024. Growing demand for backup power units driven by ongoing investments toward expansion of IT sector will drive the lead acid battery market. Increasing capital expenditure toward the expansion of data service industry along with growing capacity to handle projected data explosion will propel the industry landscape. As per CBRE in 2017, investments toward datacenter industry in the U.S. reached a record high of over USD 20 billion.

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

The U.S. lead acid market will witness robust growth on account of growing demand for reliable backup power across critical operations including safety appliances and communications. Furthermore, the expanding datacenter infrastructure and critical data storage will accelerate the product deployment. For instance, Apple, in January 2018, announced to invest a sum of USD 10 billion in next five years toward the enhancement of its U.S. datacenter capex.

In 2017, Europe lead acid battery market surpassed annual shipments of 90 million units. Ongoing investments across renewable and green power generation and material handling equipment will drive industry growth. Lead storage batteries has served to attain the European Union?s target to limit greenhouse emissions through its applications across renewable integration to the grid, start-stop functions in hybrid vehicles and regenerative braking.

China lead acid market is anticipated to grow over 5% by 2024. The business growth is primarily attributed to the adoption of energy storage expansion policies and large domestic e-bike market. For instance, the government of China under its 2016-2020 Five Year Plan, promotes the adoption of distributed generation facilities, which will boost the product demand across the country. As per China Energy Storage Alliance, in 2016 lead-based batteries constituted over 69% of new installations across distributed generation and microgrid applications.

Browse Complete Summary of this report @ https://www.gminsights.com/inquiry-before-buying/2765

SLI Lead acid market will witness strong growth on account of growing automobile sales across developing economies, driven by their strong economic growth and increased purchasing power. Growing adoption of advanced lead storage batteries across micro hybrid vehicles in order to minimize the emissions will further enhance the industry outlook. For instance, in 2017 as per the Battery Council International, lead storage batteries were being used in over 99% of the cars across Europe.

VRLA battery market is set to witness growth on account of the product?s high-power performance and technical superiority across various application segments. Additionally, the increasing need for enhanced performance energy storage solutions for regenerative braking applications and start-stop vehicles will boost the product adoption. Minimal maintenance and safe handling ability will further enhance the product deployment across the industry.

Contact Us:
Arun Hegde
Corporate 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

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.

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 What’s Driving the Lead Acid Battery Market Trends? Company Profiles: Johnson Controls, Exide Technologies, Crown Battery here

News-ID: 1799409 • Views: 194

More Releases from Global Market Insights, Inc.

PP Nonwoven Fabrics Market to accrue lucrative gains over 2026
The report on global PP nonwoven fabrics market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2020-2026. Polypropylene (PP) nonwoven fabrics are one of the most versatile materials available in the market. The product is different from other substrates and fabrics that are made by knitting, weaving,
Automotive Coatings Market growth overviews 2026 | Axalta , BASF, PPG Industries …
The automotive coatings market can be segmented into various types based on different parameters. For instance, by technology the industry is segmented into waterborne, solvent borne and UV-cured, while based on product, it is categorized into primer, basecoat, clearcoat, and electrocoat. A notable rise in disposable incomes and technological developments has had a positive influence over automotive coatings market over the years. Automobile coatings are a key focus for the manufacturers
Specialty Fuel Additives Market to hit US$10 billion by 2023 | Key Players are B …
It is estimated that global specialty fuel additives industry size will reach US$10 billion by 2023. There has been a significant upsurge in the consumption of LPG and CNG in recent years. This can be attributed to the introduction favorable policies and government subsidies to promote the adoption of ecofriendly products. Growing need to improve the cetane number for better performance will certainly fuel the product demand. Global specialty fuel
Plant Growth Regulator Market to hit $ 9.7 Bn by 2025 | BASF, DuPont, Syngenta, …
It is estimated that global plant growth regulators market size will exceed an annual valuation of US$9.7 billion by 2025, with a rapid upsurge in world population and subsequently rising food demand. The constantly growing global population, which is estimated to exceed 10 billion by 2050, is a critical challenge for the agriculture sector. The UN FAO estimates that agricultural demand will be up to 50% higher by 2050 compared

All 5 Releases


More Releases for Battery

Global Aircraft Battery Market
Global Aircraft Battery Market – Industry Analysis and Forecast (2018-2026) – by Type, Application, Aircraft Type, and Region. Global Aircraft Battery Market was valued at US$ 478.21Mn in 2017 and is expected to reach US$ 900.32Mn by 2026, at a CAGR of 8.23% during a forecast period. A battery is a device containing one or more cells that convert chemical energy directly into electrical energy. Major driving factors of the Aircraft Battery
Global Battery Electrolyte Market
Global Battery Electrolyte Market: Industry Analysis and Forecast (2018-2026) –By Electrolyte Type, Battery Type, End-Users and Region. Global battery electrolyte market size was valued at US$ 3.7 Bn in 2017 and is expected to reach US$ 7.0 Bn by 2026 to exhibit a CAGR of 8.3 % during a forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data,
Battery Testing Equipment Market
2019-2025 Battery Testing Equipment Market Report with Depth Analysis Technological advancements such as lead-acid batteries with increased life cycle and better efficiency have increased the demand for rechargeable batteries. More than ever before, these rechargeable batteries have increased the demand for portable products such as powered tools, et cetera. Request For Free report Sample -https://www.reportsmonitor.com/request_sample/292961 Scope of the Report: Furthermore, Battery Testing Equipment Market report discusses the key drivers influencing market growth, opportunities, the challenges and the risks
Lithium Polymer Battery Market
Lithium polymer (LiPo) battery or more accurately known as lithium ion polymer battery is a rechargeable battery found in a pouch format. LiPo battery uses polymer electrolyte instead of commonly used liquid electrolyte. This battery primarily works on the principle of de-intercalation and intercalation of lithium ions from positive electrode materials to negative electrode materials. For the purpose of providing detailed analysis, global lithium polymer battery market can be segmented
Solid State Battery Market -
Solid state batteries are the batteries which are particularly lightweight and long-lasting, owing to their being designed with electrode and electrolyte materials. The bulky, flammable, liquid-core rechargeable lithium-ion (Li-Ion) batteries of today will be made obsolete by solid-state batteries. Solid Batteries are becoming increasingly relevant with the adoption of electric vehicles (EVs) and the unending growth in usage of portable electronic devices. The key reasons driving the growth of the All-Solid-State
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