Lead Acid Battery Market Trends, Forecast Analysis by Manufacturers, Regions, Type and Application Till 2023,

Description

Lead acid battery market includes rechargeable devices such as lead electrodes submerged in diluted sulfuric acid. It utilizes lead electrodes and sulphuric acid as electrolyte to store electrical energy. Lead acid battery is used for starting, lightning and ignition (SLI) purpose in automobiles.

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Lead calcium batteries, lead antimony batteries, valve regulated lead acid batteries, Absorbed Glass Mat (AGM) Battery, Gel Cell, SLI Batteries, deep cycle batteries and advanced lead acid batteries are a few varieties of lead acid battery. These batteries find application in automotive and traction applications, standby/back-up/emergency power.

The global market for lead acid battery is estimated to grow during the forecast period (2017-2023) on account of the growing demand for stationary lead acid batteries in off-grid renewable energy generation.

Implementation of smart grid projects, deployment of vehicle-charging infrastructure, increasing usage of hybrid and electric vehicles and increasing span of telecom towers are some of the factors expected to drive the global lead acid battery market.

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Key players in the global lead acid battery market include Johnson Controls Inc., GS Yuasa Corporation, Exide Technologies, EnerSys, C&D Technologies Inc., Amara Raja Batteries Limited, Eaglepicher Technologies, LLC, Axion Power International and East Penn Manufacturing.

Market Segmentation

By Product

Starting, lighting and ignition (SLI)
Stationary
Motive

By Construction Method

Flooded
Valve Regulated Lead Acid Battery (VRLA)

By Application

Automotive
Uninterrupted Power Supply (UPS)
Telecommunication
Electric bikes
Transport vehicles
Others

By Region

North America
U.S.
Canada
Europe
Germany
U.K.
Italy
Russia
Rest of Europe

Asia-Pacific
China
India
Rest of Asia-Pacific

Latin America
Mexico
Brazil
Rest of Latin America

Middle East and Africa
South Africa
UAE

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