Press release
Global Lead Acid Battery Market to Reach US$ 94.0 Bn Worth by 2027
Lead-Acid batteries are power storage devices that are widely used in automotive, UPS, telecommunication, and for various other purposes in numerous industries and sectors. A lead-acid battery comprises four main elements: a positive plate which is covered with a paste of lead dioxide; a negative plate made of sponge lead; a separator made of insulating material between the two plates that allows the electrolyte and the ions into it to enable conduction without the two plates touching and an electrolyte consisting of water and sulphuric acid. This report on the global lead acid battery market has been compiled by a group of professional research analysts who are experts in the field of chemical engineering and the commerce of it, targeting audiences such as manufacturers of lead acid batteries, raw material suppliers and distributors, government agencies, and research institutes.
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Beginning with an executive summary that provides insights on how the demand for lead acid batteries has evolved in the recent past and what are its future prospects, the report dives into market introduction and view point including macro-economic factors. The report takes historical data from 2012 to 2026 and provides forecasts during the period of 2017 to 2027. The report segments the lead acid battery market on the basis of product type and application, providing key trends and developments as well as market attractive analysis. Moving on, various regions and countries have been evaluated for the potential of demand they are promising in the near future. The report concludes with an elaborated chapter on competitive landscape, in which numerous key players have been profiled for their product portfolio, regional presence, and recent strategic decisions.
Global Lead-Acid Battery Market: Key Research Aspects
The primary research is a collaboration of present and future scenario. It includes major drivers, restraints, opportunities and trends, key challenged faced by manufacturers and customers, key winning strategies followed by manufacturers, and market segmentation criterion. The secondary research included automotive production trend and forecast across geographies, telecom industry production trend and forecasts, technology comparison and performance criterion, key researches by organizations and industry associations.
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Some of the key sources referred to are: industry association publications, annual reports_bk_01_01_2020, publications, presentation of automotive companies and lead-acid battery manufacturers, and OICA, SIAM, AMRA, ACEA, OESA, ASA, NAATA, JAMA, CAAM, ASEAN Automotive Federation and Government Websites. The analyst of this report on the global lead acid battery market have also collected information via industry experts, lead-acid battery manufacturers,
association members, automotive industry professionals, automotive component suppliers, and integrators and MRO service providers.
Key Companies
• Exide Technologies
• EnerSys
• GS Yuasa Corporation
• Johnson Controls Inc.
• Yokohama Industries
• Others.
Geographically, the region of Asia Pacific excluding Japan (APEJ) is currently most lucrative and the demand is projected to expand at an above-average CAGR of 4.8% during the forecast period of 2017 to 2027. By the end of 2027, the APEJ lead-acid battery market is estimated to be worth US$19,631.1 mn, with the flooded battery segment providing for the maximum demand. Flooded batteries, also known as wet batteries, uses lead plates, sulphuric acid electrolyte, and plate battery. Although flooded batteries require maintenance, they are cheaper and come in various shapes and sizes, making them ideal for various applications.
Table of Content of this Report:
• Lead-Acid Battery Market Overview and Analysis [ Market Size | Market Y-o-Y Growth | Market Dynamics]
• Lead-Acid Battery Market Overview and Analysis [ Supply Chain | Cost Structure | Pricing Analysis | Raw Material Sourcing Strategy and Analysis | List of Distributors]
• Global Lead-Acid Battery Market Analysis and Forecast By Product Type
• Global Lead-Acid Battery Market Analysis and Forecast By Application Type
• Global Lead-Acid Battery Market Analysis and Forecast By Region [ Europe | North America | APAC | Middle East and Africa]
• Global Lead-Acid Battery Market Company Share, Competition Landscape and Company Profiles
• Research Methodology
• Secondary and Primary Sources
• Assumptions and Acronyms
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