Press release
Lead Acid Battery Market to witness growth opportunities worth USD 87.45 Bn by 2029 at a CAGR of 4.51 percent
Lead Acid Battery Market
Lead Acid Battery Market Report Scope and Research Methodology
The report, titled "Lead Acid Battery Market," provides an overview of the market, including the report's scope, research methodology, drivers, restraints, and regional insights. The report highlights the market's evolution, with lead-acid batteries undergoing remarkable evolution to keep up with changing car manufacturing technologies. The report provides a list of leading EV models across OEMs that use lead acid batteries.
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Lead Acid Battery Market Dynamics
The report's dynamics show that lead acid batteries are widely used in automotive applications, such as forklifts, golf carts, and industrial cleaners. The high use of lead acid batteries in forklifts is expected to have a favorable impact on the market as the product has a low cost, reliability, and well-established supply chain. The report identifies initiatives to develop green energy solutions in the automobile industry as a key driver of demand for lead acid batteries.
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The report segment analysis based on Type, Construction, and Application. Based on Type, the market is segmented into SLI, Stationary, and Motive, with the SLI battery segment holding the largest market share, accounting for 55 percent in 2021. Based on Construction, the market is segmented into Flooded, VRLA, and Others, with the Flooded segment holding the largest market share, accounting for 59 percent in 2020. Based on Application, the market is segmented into Automotive, UPS, Telecom, Industrial, Commercial and Residential, and Others, with the Automotive segment holding the largest market share, accounting for 60 percent in 2021.
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Lead Acid Battery Market Regional Insights
The report provides regional insights, highlighting that lead acid battery manufacturers are concentrating their efforts in various nations to improve their production and distribution capacities. Some corporations are engaging directly with regional producers to strengthen their industrial research operations. These factors are expected to boost the lead acid battery demand during the forecast period.
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Lead Acid Battery Market Segmentation
By Type :
SLI
Stationary
Motive
By Construction:
Flooded
VRLA
Others
By Application:
Automotive
UPS
Telecom
Industrial
Commercial and Residential
Others
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Lead Acid Battery Market Key Competitors include:
Johnson Controls (U.S)
Exide Technologies (U.S.)
East Penn Manufacturing Co. (U.S.)
CLARIOS (US)
ENERSYS (US)
Crown Battery Manufacturing (U.S.)
C&D Technologies, Inc. (U.S.)
NorthStar (Sweden)
Narada Power Source Co., Ltd. (China)
Leoch International Technology Ltd. (China)
GS Yuasa Corp (Japan)
PANASONIC (Japan)
HITACHI (Japan)
ATLASBX Co. Ltd. (South Korea)
Lento Industries Pvt. ltd.(India)
Exide Industries Ltd (India)
Amara Raja Batteries Ltd.(India)
Su-Kam Power Systems Ltd.(India)
Okaya Power Pvt. Ltd.(India)
Base Corporation Ltd.(India)
Southern Batteries Pvt. Ltd.(India)
True Power International Ltd.(India)
HBL Power Systems Ltd.(India)
Table of Content for Lead Acid Battery Market
Global Lead Acid Battery Market: Research Methodology
Global Lead Acid Battery Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Lead Acid Battery Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Lead Acid Battery Market Segmentation
Global Market, by Type (2021-2029)
Global Market, by Construction (2021-2029)
Global Market, by Application (2021-2029)
Regional Lead Acid Battery Market (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Construction (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type, Construction and Application
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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