Press release
Lead-Acid Batteries Market: Growth Opportunities And Recent Developments - Global Forecast To 2026 | HBL Power Systems, Crown Battery, and NorthStar
Lead-Acid Batteries Market
The regions covered in the lead-acid batteries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest lead-acid batteries market share.
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The lead-acid batteries market consists of sales of lead-acid batteries and related services for various industries including automotive, marine, and aerospace. Lead-acid batteries are bigger and store a high amount of energy. These batteries are generally used in automobiles, uninterruptible power supply (UPS), telecommunications, and inverters attributing to their requirement for a high-power supply.
Key competitors in the lead-acid batteries market are EnerSys, Exide Industries, GS Yuasa, Clarios, Panasonic, Chaowei Power, Narada Power, HBL Power Systems, Crown Battery, and NorthStar.
The global lead acid batteries market size is expected to grow from $41.33 billion in 2021 to $45.42 billion in 2022 at a compound annual growth rate (CAGR) of 9.9%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The lead acid battery market is expected to reach $56.55 billion in 2026 at a CAGR of 5.6%.
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TBRC's report segments the global lead-acid batteries market:
1) By Type: Stationary, Motive
2) By Technology: Basic Lead Acid Battery, Advanced Lead Acid Battery
3) By Construction Method: Flooded, Valve Regulated Lead Acid (VRLA)
4) By End-User: Transportation, Industrial, Residential, Commercial
Read Further On The Lead-Acid Batteries Market Here:
https://www.thebusinessresearchcompany.com/report/lead-acid-batteries-global-market-report
The Table Of Contents Includes:
1. Executive Summary
2. Lead-Acid Batteries Market Characteristics
3. Lead-Acid Batteries Market Trends And Strategies
4. Impact Of COVID-19 On Lead-Acid Batteries
5. Lead-Acid Batteries Market Size And Growth
.....
28. Key Mergers And Acquisitions In The Lead-Acid Batteries Market
29. Lead-Acid Batteries Market Future Outlook And Potential Analysis
30. Appendix
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