Global Lead-acid Battery Market shows influential growth due to its application and properties
The Global Lead-acid market expected to grow at a significant CAGR by 2027 due to increased demand for renewable energy, grid-connected power generation, and expansion of data centers is promoting the steady growth of the lead-acid battery market.
Additionally, lead-acid batteries have the widest range of uses, especially in start-up and large-scale energy storage like data centers, automotive, and communication sectors. Moreover, lead-acid batteries are low in price, have comparative advantages such as mature technology, excellent high and low-temperature performance, stability and reliability, high safety, and excellent resource reusability that provides a competitive edge to lead-acid battery market.
Furthermore, compared with other battery metal materials, lead resources are relatively abundant as the lead-acid battery has a more 90% rate of recycling. Therefore, lead reserves and recycled lead have relatively long durability to ensure the sustainable development of the lead-acid battery. Therefore, a large number of used lead-acid batteries will not cause a shortage of lead resources for a long time.
Types Overview in the Global Lead-acid Battery Market
Based on type, the global Lead-acid Battery market segmented into Basic and Advance lead-acid battery. The advanced lead-acid battery is expected to dominate the market share in the forecast period. Owing to, faster charging, longer battery life, cost-effective and efficiently operates at low and high temperatures, and does not require active cooling. Whereas it is difficult to achieve the same task with conventional lead-acid batteries.
Category Overview in the Global Lead-acid Battery market
Based on Type, the global Lead-acid Battery market classified into stationary and motive. The motive lead-acid battery is expected to increase the market share in the forecast period. Due to its extensive use in numerous sector such as automotive, communication, data centers to regulate the deep discharge and provide steady current in short span time. Therefore, motive lead acid battery have higher demand than stationary lead acid battery market.
Construction methods Overview in the global Lead-acid Battery Market
Based on construction methods, the global Lead-acid Battery market bifurcated into Flooded and Value Regulated Lead-acid. VRLA expected to increase the demand for the lead-acid battery in the future. VRLA has adsorbent glass material, and silica gel owing to its, long battery life and require less maintenance comparatively with flooded construction method.
End-users Overview in the global Lead-acid Battery Market
Based on end-users, the global lead-acid battery classified into industrial, Utility, Transportation, Commercial, and Residential. The transportation sector is expected to dominate the market in the forecast period. Due to increasing environmental concerns and government regulation over less carbon emission vehicles, lead-acid batteries provide long battery life in the automotive sector and do not require to recharge in a short period.
Region Overview in the global Lead-acid Battery Market
Based on geography, the global Lead-acid Battery market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific has captured the largest share among other regions. Owing to industrialization and increasing data centers with a large manufacturing base in this region, energy consumption has also increased. Therefore, the lead-acid battery is expected to witness substantial growth in the forecast period.
Global Lead-acid Battery Market: Competitive Landscape
Companies such as EnerSys, Exide Industries, GS Yuasa, Clarios, Panasonic, Chaowei Power, Narada Power, HBL Power Systems, Crown Battery, NorthStar, Hitachi Chemical, Exide Technologies, Teledyne Technologies, East Penn, Hankook AltasBX, HOPPECKE , C&D Technologies, Rolls Battery, Camel Power, Amara Raja Power System, Xupai Battery, Okaya Power, Leoch International Technology, Harbin Coslight Power and First National Battery and others are the prominent key players in the global lead-acid battery market.
Global Lead Acid battery Market
Report Content
1. Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
2. Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
3. Executive Summary
4. Market Insights
4.1. Supply Chain Analysis
4.2. Economic Factor Analysis
4.2.1. Drivers
4.2.2. Trends
4.2.3. Opportunities
4.2.4. Challenges
4.3. Technological Review
4.4. Competitors & Product Analysis
4.5. Regulatory Framework
4.6. Company market share analysis, 2019
4.7. Porter's Five forces analysis
4.8. New Investment Analysis
4.9. PESTEL Analysis
5. Global Lead Acid battery Market Overview
5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.1.2. Consumption
5.1.2.1. By Volume (No. of units)
5.1.3. Supply/Production
5.1.3.1. By Volume (No. of units)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Technology
5.2.1.1. Basic lead-acid battery
5.2.1.2. Advance lead-acid market
5.2.2. By Type
5.2.2.1. Stationary
5.2.2.2. Motive
5.2.3. By Construction method
5.2.3.1. Flooded
5.2.3.2. Value Regulated Lead Acid (VRLA)
5.2.4. By End-Users
5.2.4.1. Utility
5.2.4.2. Transportation
5.2.4.3. Industrial
5.2.4.4. Commercial and Residential
5.2.5. By Region
5.2.5.1. Europe
5.2.5.2. North America
5.2.5.3. Asia Pacific
5.2.5.4. South America
5.2.5.5. Middle East & Africa
6. Europe Lead Acid battery Market Overview
6.1. Europe Lead Acid battery Market Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.1.2. Consumption
6.1.2.1. By Volume (No. of units)
6.1.3. Supply/Production
6.1.3.1. By Volume (No. of units)
6.2. Europe Lead Acid battery Market Share & Forecast, 2016-2027
6.2.1. By Technology
6.2.1.1. Basic lead-acid battery
6.2.1.2. Advance lead-acid market
6.2.2. By Type
6.2.2.1. Stationary
6.2.2.2. Motive
6.2.3. By Construction method
6.2.3.1. Flooded
6.2.3.2. Value Regulated Lead Acid (VRLA)
6.2.4. By End-Users
6.2.4.1. Utility
6.2.4.2. Transportation
6.2.4.3. Industrial
6.2.4.4. Commercial and Residential
6.2.5. By Country
6.2.5.1. Germany
6.2.5.2. UK
6.2.5.3. France
6.2.5.4. Italy
6.2.5.5. Rest of Europe
6.2.6. By Price Point Analysis
6.2.7. Company Market Share (Top 3-5)
6.2.8. Manufacturer & Distributor List (Top 5)
6.2.9. Economic Impact Study on Europe Lead Acid battery Market
7. North America Lead Acid battery Market Overview
7.1. North America Lead Acid battery Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.1.2. Consumption
7.1.2.1. By Volume (No. of units)
7.1.3. Supply/Production
7.1.3.1. By Volume (No. of units)
7.2. North America Lead Acid battery Market Share & Forecast, 2016-2027
7.2.1. By Technology
7.2.1.1. Basic lead-acid battery
7.2.1.2. Advance lead-acid market
7.2.2. By Type
7.2.2.1. Stationary
7.2.2.2. Motive
7.2.3. By Construction method
7.2.3.1. Flooded
7.2.3.2. Value Regulated Lead Acid (VRLA)
7.2.4. By End-Users
7.2.4.1. Utility
7.2.4.2. Transportation
7.2.4.3. Industrial
7.2.4.4. Commercial and Residential
7.2.5. By Country
7.2.5.1. US
7.2.5.2. Canada
7.2.5.3. Mexico
7.2.6. By Price Point Analysis
7.2.7. Company Market Share (Top 3-5)
7.2.8. Manufacturer & Distributor List (Top 5)
7.2.9. Economic Impact Study on North America Lead Acid battery Market
8. Asia Pacific Lead Acid battery Market Overview
8.1. Asia Pacific Lead Acid battery Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.1.2. Consumption
8.1.2.1. By Volume (No. of units)
8.1.3. Supply/Production
8.1.3.1. By Volume (No. of units)
8.2. Asia Pacific Lead Acid battery Market Share & Forecast, 2016-2027
8.2.1. By Technology
8.2.1.1. Basic lead-acid battery
8.2.1.2. Advance lead-acid market
8.2.2. By Type
8.2.2.1. Stationary
8.2.2.2. Motive
8.2.3. By Construction method
8.2.3.1. Flooded
8.2.3.2. Value Regulated Lead Acid (VRLA)
8.2.4. By End-Users
8.2.4.1. Utility
8.2.4.2. Transportation
8.2.4.3. Industrial
8.2.4.4. Commercial and Residential
8.2.5. By Country
8.2.5.1. China
8.2.5.2. India
8.2.5.3. Japan
8.2.5.4. Australia
8.2.5.5. Rest of Asia Pacific
8.2.6. Company Market Share (Top 3-5)
8.2.7. Economic Impact Study on Asia Pacific Lead Acid battery Market
9. South America Lead Acid battery Market Overview
9.1. South America Lead Acid battery Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.1.2. Consumption
9.1.2.1. By Volume (No. of units)
9.1.3. Supply/Production
9.1.3.1. By Volume (No. of units)
9.2. South America Lead Acid battery Market Share & Forecast, 2016-2027
9.2.1. By Technology
9.2.1.1. Basic lead-acid battery
9.2.1.2. Advance lead-acid market
9.2.2. By Type
9.2.2.1. Stationary
9.2.2.2. Motive
9.2.3. By Construction method
9.2.3.1. Flooded
9.2.3.2. Value Regulated Lead Acid (VRLA)
9.2.4. By End-Users
9.2.4.1. Utility
9.2.4.2. Transportation
9.2.4.3. Industrial
9.2.4.4. Commercial and Residential
9.2.5. By Country
9.2.5.1. Brazil
9.2.5.2. Argentina
9.2.5.3. Rest of South America
9.2.6. By Price Point Analysis
9.2.7. Company Market Share (Top 3-5)
9.2.8. Manufacturer & Distributor List (Top 5)
9.2.9. Economic Impact Study on South America Lead Acid battery Market
10. Middle East & Africa Lead Acid battery Market Overview
10.1. Middle East & Africa Lead Acid battery Market Size & Forecast, 2016-2027
10.1.1. Demand
10.1.1.1. By Value (USD Million)
10.1.2. Consumption
10.1.2.1. By Volume (No. of units)
10.1.3. Supply/Production
10.1.3.1. By Volume (No. of units)
10.2. Middle East & Africa Lead Acid battery Market Share & Forecast, 2016-2027
10.2.1. By Technology
10.2.1.1. Basic lead-acid battery
10.2.1.2. Advance lead-acid market
10.2.2. By Type
10.2.2.1. Stationary
10.2.2.2. Motive
10.2.3. By Construction method
10.2.3.1. Flooded
10.2.3.2. Value Regulated Lead Acid (VRLA)
10.2.4. By End-Users
10.2.4.1. Utility
10.2.4.2. Transportation
10.2.4.3. Industrial
10.2.4.4. Commercial and Residential
10.2.5. By Country
10.2.5.1. Saudi Arabia
10.2.5.2. UAE
10.2.5.3. South Africa
10.2.5.4. Rest of Middle East & Africa
10.2.6. By Price Point Analysis
10.2.7. Company Market Share (Top 3-5)
10.2.8. Manufacturer & Distributor List (Top 5)
10.2.9. Economic Impact Study on Middle East & Africa Lead Acid battery Market
11. Competitor Analysis
11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company Profile
11.7.1. EnerSys
11.7.2. Exide Industries
11.7.3. GS Yuasa
11.7.4. Clarios
11.7.5. Panasonic
11.7.6. Chaowei Power
11.7.7. Narada Power
11.7.8. HBL Power Systems
11.7.9. Crown Battery
11.7.10. NorthStar
11.7.11. Hitachi Chemical
11.7.12. Exide Technologies
11.7.13. Teledyne Technologies
11.7.14. East Penn
11.7.15. Hankook AltasBX
11.7.16. HOPPECKE
11.7.17. C&D Technologies
11.7.18. Other Prominent Players
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Market Overview
The Asia Pacific Lead Acid Battery Market is set to experience significant growth from 2024 to 2034, driven by increasing demand across various end-use sectors and advancements in battery technology. The market is projected to reach USD XX.XX billion by 2034, expanding a...