Press release
Lead Acid Battery Market is expected to progress at healthy CAGR of 5.4% between 2019 and 2026 | Johnson Controls, Exide Technologies, GS Yuasa Corp, ATLASBX Co. Ltd., East Penn Manufacturing Co.
Lead Acid Battery Market is expected to reach USD 95.32 Billion by 2026
Moreover, significant rise in demand from sectors such as automotive, healthcare, power, and telecom industries in developing nations is encouraging the growth of the market.
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Scope of the Report:
APAC is expected to hold the largest market share, throughout the forecast period, owing to the large investments made in automotive, manufacturing, and healthcare, oil and gas, etc. Two wheelers are the major users of SLI (starting, lighting, ignition). Thus expansion of automobile sector has expanded the lead acid battery market. With low internet prices in recent years, India has the largest telecommunication market. With the rise in telecommunications and the internet, lead-acid battery is also forecasted to grow exponentially.
Leading players in the Lead Acid Battery market:
Johnson Controls, Exide Technologies, GS Yuasa Corp, ATLASBX Co. Ltd., East Penn Manufacturing Co., Crown Battery Manufacturing, C&D Technologies, Inc., Narada Power Source Co. Ltd., Amara Raja Batteries Ltd., Leoch International Technology Ltd.
Key offerings of the Lead Acid Battery report:
The Lead Acid Battery market report includes a meticulous analysis to give a summary of the information gathered related to market essentials, research methodology, and the sources referred to for data collection. The competitive landscape given in the report identifies the major mutual trends and the leading players operating in the market. The report also evaluates different factors essential for the companies currently engaged in the market as well as new entrants, along with an elaborate value chain analysis.
For the purpose of this report, Reports and Data has segmented the Lead Acid Battery market on the basis of boiler type, fuel type, end use, and region:
Product Type Outlook (Revenue, USD Million; 2018-2026)
Stationary
Motive/Traction
SLI
Construction Method Outlook (Revenue, USD Million; 2018-2026)
VRLA
Flooded
Application Outlook (Revenue, USD Million; 2018-2026)
Telecommunication
UPS
Control & Switchgear
Motive
Automobiles
Motorcycles
Grid Storage
Fork Lifts
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End-Users Outlook (Revenue, USD Million; 2018-2026)
Industrial
Commercial
Residential
Marine
Oil & Gas
Sales Channel Outlook (Revenue, USD Million; 2018-2026)
Original Equipment Manufacturer
Aftermarket Sales
Regional Outlook (Revenue in USD Million; 2016-2026)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Further key findings from the report suggest
-Rising concerns for the environment has led to an increase in demand for e-bikes and electric vehicles, lower dependence on fuel technologies which in turn increase lead acid battery.
-In the product type segment, Motive/Traction lead-acid batteries have the largest market share of 35% in the year 2018 and are forecasted to grow till 36% in 2026.
-These motive or traction batteries are deployed in diverse vehicles like forklifts, minivans, tourists coaches, industrial trucks, golf carts, and e-bikes.
-SLI batteries offer low compatibility with smart vehicles, are low in cost and provide reliability. They are projected to hold a market share of 33% in the forecasted period of 2026... Continued.
Who should buy the Lead Acid Battery market report?
Individuals seeking crucial information to improve their decision-making abilities will find this report helpful:
1. Breakdown of the market shares held by leading industry players.
2. Evaluation of the market on both the regional and global scales.
3. Market estimation for the forecast period for the industry segments and sub-segments.
4. Strategic recommendations to help new entrants navigate to their desired market position.
5. Optimum tactics in primary business industries based on the detailed forecast.
Access the Entire Report packed with TOC, Tables and Figures and Outline of Prominent Companies: https://www.reportsanddata.com/report-detail/lead-acid-battery-market
In conclusion, the Lead Acid Battery market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.
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Head of Business Development
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About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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