Press release
Worldwide Shipments Of Lead Acid Batteries Are Estimated To Reach Us$ 96.5 Billion By The End Of 2033
Lead Acid Battery Market
One of the key advantages of lead-acid batteries is their relatively low cost compared to other battery technologies. Lead is an abundant and affordable material, which contributes to the cost-effectiveness of lead-acid batteries. This makes them a preferred choice for applications where cost plays a significant role, such as automotive and stationary power systems. Lead-acid batteries also offer excellent reliability, high power density, and a proven track record of performance and safety. They have been extensively used for many decades and have undergone continuous improvements in terms of design, efficiency, and cycle life. These batteries are well-suited for applications that require high power bursts and robust performance, making them reliable energy storage solutions.
The lead-acid battery market is influenced by the growth of the automotive industry, as automotive applications account for a significant portion of the market demand. Factors such as increasing vehicle production, electrification of vehicles (including hybrid and electric vehicles), and the need for energy storage systems in the automotive sector contribute to the market's growth.
Overall, the lead-acid battery market continues to be significant, driven by its cost-effectiveness, reliability, and wide range of applications. The market's growth is influenced by factors such as automotive industry trends, the need for reliable energy storage solutions, and environmental considerations. Continued research and development, along with efforts to improve recycling and sustainability practices, will play a crucial role in shaping the future of the lead-acid battery market.
Click HERE To get a SAMPLE PDF (Including Full TOC, Table & Figures) at- https://www.factmr.com/connectus/sample?flag=S&rep_id=4555
Key Takeaways of Global Lead Acid Battery Market
• Absorbent Glass Mat (AGM) lead acid battery is estimated to create an absolute $ opportunity of around US$ 15 Bn during the forecast period and is estimated to account for 38% of the overall value opportunity in the global market by the end of 2029
• The transportation sector is projected to expand 1.4X times as compared to 2019, by witnessing a value CAGR of 4%
• APEJ is foreseen to maintain its dominance throughout the assessment period, accounting for more than 39% of the share in the global market
• Stationary industrial lead acid battery is forecasted to expand 2.9X times compared to the commercial industrial battery by the end of forecast duration
Global Lead Acid Battery Market: Segmentation
Segmentation table of the global lead acid battery market has been provided below on the basis of application, product type and region.
Application
• Transportation
• OEM Transportation
• PC
• LCV
• HCV
• Two Wheelers
• Others
• Aftermarket Transportation
• PC
• LCV
• HCV
• Two Wheelers
• Others
• Motive Industrial
• OEM Motive Industrial
• Aftermarket Motive Industrial
• Stationary Industrial
• OEM Stationary Industrial
• Aftermarket Stationary Industrial
• Commercial
• OEM Commercial
• Aftermarket Commercial
• Residential
• OEM Residential
• Aftermarket Residential
• Grid Storage
• OEM Grid Storage
• Aftermarket Grid Storage
• Others
• OEM
• Aftermarket
Product Type
• Flooded
• AGM (Absorbent Glass Mat)
• Gel
Region
• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ (Asia Pacific Excluding Japan)
• Japan
Global Lead Acid Battery Market: In-depth Analysis on Competitive Landscape
The report concludes with a weighted chapter on the competition landscape considering up-to-date and essential developments related to market players, who are predominantly engaging in the production and distribution of lead acid battery, along with company's strategies, identification, and analysis. Market share comparison and analysis of these market players offered in the report enables readers to devise strategies for their businesses.
The intensity mapping of the market players operating in the global lead acid battery market provides readers with actionable intelligence, which helps in understanding the current market status and prospects determining the competition levels in the global lead acid battery market.
Key Market Players:
• Furukawa Electric Co. Ltd.
• Hoppecke Batterien GmbH & Co. KG
• Exide Industries Ltd.
• Yokohama Batteries Sdn. Bhd
• Camel Group Co. Ltd.
• Enersys
• SiteTel Sweden AB (NorthStar)
• Narada Power Source Co. Ltd.
• East Penn Manufacturing Co.
• GS Yuasa Corporation
• Coslight Technology International Group Co. Ltd.
• Leoch International Technology Ltd.
• Hitachi Chemical Company Ltd.
• C&D Technologies Inc.
• Zhangzhou Hauwei Power Supply Technology Co. Ltd.
FAQs Answered in Market Study
• What will be the market value of Lead Acid Battery by the end of 2021?
• What was the CAGR of the market for Lead Acid Battery over the past 5 years?
• What is the estimated market value by the end of the forecast period?
• What is the market share of the top 5 players of the Lead Acid Battery industry?
• What is the outlook for the North American region?
• How is the European market for Lead Acid Battery expected to evolve?
• What are the market statistics for the APAC region?
• Which countries are driving the demand of Lead Acid Battery?
• What trends are influencing the Lead Acid Battery landscape?
11140 Rockville Pike, Suite 400, Rockville, MD 20852, United States
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.
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 Worldwide Shipments Of Lead Acid Batteries Are Estimated To Reach Us$ 96.5 Billion By The End Of 2033 here
News-ID: 3089645 • Views: …
More Releases from Fact.MR
Insulation Blow-in Machine Market is Estimated to be US$ 1,086.9 Million with a …
The global insulation blow-in machine market is projected to increase from USD 552.5 million in 2025 to USD 1,086.9 million by 2035, with a CAGR of 7% during the forecast period. Growth is driven by a rising trend in DIY and home improvement activities, boosting demand for portable insulation blow-in machines. Their effortless operation and convenient handling make them ideal for householders and contractors.
For More Insights into the Market, Request…
Hydrocyclone Market Demand Rising at a Stellar 6.5 % CAGR to Reach USD 1,466.8 M …
The global hydrocyclone market is projected to increase from USD 781.4 million in 2025 to USD 1,466.8 million by 2035, with a CAGR of 6.5% during the forecast period. Growth is driven by rising demand for efficient solid-liquid separation in mining, wastewater treatment, and chemical processing.
Hydrocyclones are ideal for efficient solid-liquid separation due to their compact design, high throughput capacity, energy efficiency, and enhanced durability with advanced ceramic linings.
For More…
Hydraulic Gear Pump Market Set to Surge at 4.4 % CAGR, to Reach US$ 3.4 Billion …
The global hydraulic gear pump market is projected to increase from USD 2.2 billion in 2025 to USD 3.4 billion by 2035, with a CAGR of 4.4% during the forecast period. Growth is driven by increased mechanization in construction and agriculture, integration of energy-efficient systems, and opportunities from industrial automation.
Hydraulic gear pumps are ideal for powering heavy machinery in construction, agricultural equipment, and industrial automation, improving machinery performance and productivity.
For…
Heating Cable Market to Rise at CAGR of 5.4% to Reach US$ 2.9 Billion by 2035: F …
The global heating cable market is projected to grow from USD 1.7 billion in 2025 to USD 2.9 billion by 2035, registering a CAGR of 5.4% during the forecast period. This growth is primarily driven by the rising emphasis on frost protection, pipe freeze prevention, and underfloor heating systems in colder regions.
Rapid urbanization, infrastructure development, and the adoption of smart technologies are further accelerating demand for self-regulating and constant wattage…
More Releases for Lead
Lead Fluorides as Currency: Exploring the Global Lead Fluoride Market
Los Angeles, United States - In this comprehensive research study, we delve into the intricate details of the global Lead Fluoride market, providing a thorough analysis of its critical aspects. The report illuminates the anticipated growth of the global Lead Fluoride market during the forecast period, supported by SWOT analysis and Porter's Five Forces analysis. This illumination includes an in-depth exploration of the market's strengths, weaknesses, and the various players…
Digital Services for Lead Generation | Local Lead Generation Websites | Lead Gen …
Lead Generation consists of attracting and renovating target audiences that have shown interest in your product or services. The objective is to guide prospects through the purchaser’s journey to the end of the sales funnel. Content is one of the leading tools B2B marketers utilize to create leads. This may comprise of social media posts, blog posts, coupons and live events. You utilize the forms to capture leads that employ…
Digital Services for Lead Generation, Local Lead Generation Websites
Businesses these days are reliant on lead generation to advertise their service before the consumers to get more business and endure in bullish market. The Lead generation service is an unceasing effort to attract and change the target audience’s mind towards the business offering. It is an act of completely compelling the consumer to purchase the business services. It will boost brand image and outcome in good sales for the…
Digital Services for Lead Generation, Lead Generation Platforms: Ken Research
The Lead generation is the practice of gaining fresh leads for your business. It is cultivating the interest of a person in your product or service so much that they distribute you with their contact specifics. It is the start of the technique which leads to a prospective customer turning into a purchaser. And then perchance buying from your business. Your business should then be nurturing such leads that you…
Global Lead Acid Batteries Market | Global Lead Acid Batteries Industry | Lead A …
Lead acid battery refers to the oldest type of rechargeable battery with its use spanning across various industries. It has the advantage of supplying the high surge current, as the cells have great power to weight ratio. High power to weight ratio & low cost makes these batteries attractive for its use in the automotive sector. These batteries comprises of plates, cell, container, separators, and battery terminals. It is extensively…
Local Lead Generation Websites | Best Companies for Online Lead Generation | Lea …
The Lead Generation is a foremost marketing procedure that comprise finding people who would be interested in purchasing your product and/or services. It comprises collecting contact details of the interested impending buyers/consumers in exchange for something that is of worth to them - for e.g educational, collateral, research content or a free trial of a product. This is a foremost activity to build a sales pipeline. The Lead Generation is…
