Press release
Lead Acid Batteries Global Market Analysis, Trends, Growth, Research And Forecast 2033
Lead Acid Batteries Global Market
The lead acid batteries market size is expected to see rapid growth in the next few years. It will grow to $47.24 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to increasing demand for electric vehicles and expansion of data center infrastructure. Major trends in the forecast period include development of graphene-enhanced lead acid batteries, use of carbon additives in lead acid battery electrodes, increased focus on valve regulated stationary lead-acid batteries, introduction of battery analyzers for testing lead-acid batteries and strategic partnerships and collaborations among market players.
Market Overview -
Lead-acid batteries are bigger and store a high amount of energy. These batteries are generally used in automobiles, uninterruptible power supply (UPS), telecommunications, and inverters attributed to their requirement for a high-power supply.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=2796&type=smp
Driving Forces In The Lead-Acid Battery Market Automotive Industry Demand
Growing demand in the automobile industry contributed to the growth of the lead-acid batteries market. Rising research and development activities in the automotive lead-acid battery industry, coupled with government initiatives for electric vehicles are propelling the growth of the global automotive market, thereby increasing the demand for lead-acid batteries. For instance, in October 2022, according to the Indian Brand Equity Foundation (IBEF), India-based, an India-based government agency for providing economic information, incentives of US$ 3.5 billion are proposed by the Indian government as part of a revised program to promote the production and export of clean technology vehicles over five years until 2026. Additionally, as of June 2021, 87,659 electric vehicles had received incentive support, 6,265 electric buses had been approved for usage by various state/city transportation undertakings, and Rs. 871 crores (US$ 117 million) had been spent under the FAME-II plan. The increasing adoption of lead-acid batteries in electric vehicles along with growing government initiatives to promote electric vehicles is anticipated to drive the demand for the lead-acid battery market in the forecast period.
Competitive Landscape -
Major companies operating in the lead acid batteries market report are Chaowei Power Holdings Limited, GS Yuasa Corporation, Clarios International Inc, EnerSys, East Penn Manufacturing Co, Camel Group Co., Ltd, Zhejiang Narada Power Source Co. Ltd., Leoch International Technology Ltd, Exide Industries Ltd, Panasonic Corporation, Amara Raja Batteries Limited, Guangdong Techfine Electronic Co., Ltd., Kaiying Power Supply & Electrical Equip Co., Ltd., Fujian Jiage Power Tech Co., Ltd., Jujiang Power Technology Co., Ltd., Suzhou Foberria New Energy Technology Co., Ltd., Xiamen Songli Import and Export Co., Ltd., Manbat, AceOn Group, ENIX Energies, Ultracell, Deutsche Power, Ads-tec GmbH, AEG & Behin T, Akasol Engineering GmbH, AKTEX INC, AKOM JSC, The Ural Plant of Chemical Reagents, SOLARUS ENERGY Ltd, Yuntong Power Co.,Ltd, Krascrystal Co., Ltd, Veaga-Teplo Ltd, C&D Technologies, Inc, CSB Energy Technology Co., Ltd., Koyo Battery Co., Ltd, Astra Otoparts, Robert Bosch GmbH, Stryten Salina, LLC, Industrias Tudor Sp De Bateriais Ltda, Grupo Craft, Acumuladores Moura S.A., Sociedad Química y Minera (SQM) Salar S.A., Baterias Willard S.A., Dubatt Battery Recycling LLC, Sharaf Group, Middle East Battery Company (MEBCO), Seri Industrial S.p.A., Classic Power Batteries Trading LLC, Lento Industries Private Limited, Sunlight Group, E Schnapp Co Works Ltd, Shmuel De-Leon Energy, Ltd., Dixon Batteries, Enertec Batteries Pty Ltd, First National Battery, Renergy Technologies, Sunfor Technologies (PTY) Ltd
Innovative Advancements Fueling Lead-Acid Battery Demand The Role Of Absorbent Glass Mat (AGM) Technology
The introduction of an absorbent glass mat (AGM), a lead-acid battery with a lower weight, better electrical reliability, and higher performance is contributing to higher demand for lead-acid batteries. According to Battery University, AGM is a preferred battery for upscale motorbikes, owing to features such as reduced weight, lesser acid spilling, and good performance at cold temperatures. These batteries are also gaining traction in motor home, marine, and robotic applications. Therefore, advancements in lead-acid batteries will generate higher demand for the lead-acid batteries market in the forecast period.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/lead-acid-batteries-global-market-report
Key Segments -
The lead acid batteries market covered in this report is segmented -
1) By Type: Stationary, Motive And Starting, Lighting And Ignition (SLI)
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, Commercial And Residential, Utilities
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
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 Lead Acid Batteries Global Market Analysis, Trends, Growth, Research And Forecast 2033 here
News-ID: 3466622 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Tech
Kitimat's Quiet Tech Revolution: Retired Tech Founder Launches Kitimat Digital
Image: https://www.globalnewslines.com/uploads/2025/05/fe744bd61d32383b1190af80ca522635.jpg
KITIMAT, BC - In a town shaped by industry and community, one digital venture is quietly helping small businesses step into the modern age.
Kitimat Digital, incorporated in British Columbia in 2024, was founded by a retired tech professional with a background in operating digital firms in Calgary and Houston. After settling in Kitimat for a slower pace of life, he noticed a clear need: many businesses in the area…
Tech Cuboid: Revolutionizing the Tech Landscape
In an era where technology evolves at breakneck speed, staying ahead of the curve is no longer optional-it's essential. If you're navigating the dynamic world of tech in the USA, you've likely heard of Tech Cuboid, a name that's rapidly becoming synonymous with innovation, reliability, and cutting-edge solutions. But what exactly is Tech Cuboid, and why should it matter to you? Let's dive into how this groundbreaking platform is reshaping…
Evan Ceron: Pioneering Tech Solutions With Tech Remedies
Image: https://www.getnews.info/uploads/a067156d14b9c9aaa532de3166992962.jpg
Since embarking on his technical journey in 2009, Evan Ceron has steadily built a reputation as a seasoned professional in the tech industry. His journey began with a solid foundation in technical education at Bellevue College in Washington, where he acquired the skills and knowledge that would later serve as the bedrock of his entrepreneurial aspirations. This period of education not only equipped him with critical technical expertise but…
GAM Tech Acquires Cyber Tech 360: Expanding Expertise and Innovation
GAM Tech, a leading provider of managed IT solutions and professional services, is thrilled to announce its acquisition of Cyber Tech 360, a recognized leader in cybersecurity services and advanced managed IT solutions. This strategic acquisition broadens GAM Tech's service offerings, resulting in a comprehensive portfolio to better service small and medium-sized businesses across Canada.
The combined company will operate under the GAM Tech brand. Cyber Tech 360 will be…
Girls in Tech Singapore rebranding to Sponsors in Tech
SINGAPORE - 16th JULY 2024 -
With the closure of Girls in Tech, Inc., the local Girls in Tech - Singapore chapter is proud to announce its rebranding as "Sponsors of Tech - Empowering Her Journey." This new identity marks a significant milestone for the organization and our community, reflecting our ongoing commitment to supporting girls and women in tech throughout their careers.
As a non-profit organization, Sponsors of Tech - Empowering…
3-Axis Handheld Gimbal Stabilizers Market Analysis and Growth by Top Manufacture …
A report added to the rich database of Qurate Business Intelligence, titled “3-Axis Handheld Gimbal Stabilizers Market - Global Industry Analysis and Forecast to 2023”, provides a 360-degree overview of the Global market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the…
