The global Lead-Acid Battery (Lead-Acid Batteries) market was valued at US$ 49290 million in 2020 and it is expected to reach US$ 65380 million by the end of 2027, growing at a CAGR of 3.4% during 2021-2027.
Lead acid batteries are rechargeable batteries consisting of lead plates with a sulfuric acid/water electrolyte solution. One of the singular advantages of lead acid batteries is that they are the most commonly used form of battery for most rechargeable battery applications (for example, in starting car engines), and therefore have a well-established established, mature technology base.
From January to December 2020, the global lead-acid battery sales volume was approximately 589287 million VAh, an increase of 1.13% year-on-year. In the global market, both lead-acid batteries and lithium-ion batteries occupy a dominant position in secondary batteries. It is expected that the overall market demand will continue to grow.
Global key players of Lead-Acid Battery (Lead-Acid Batteries) include Clarios, Tianneng Holding Group, Chilwee, Exide Technologies, CSB Energy Technology, GS Yuasa, EnerSys and East Penn Manufacturing, etc. Top five players occupy for a share about 44%. Asia Pacific is the largest market, with a share about 50%, followed by Europe and North America. In terms of product, VRLA Battery is the largest segment, with a share over 71%. In terms of application, Automotive Starter is the largest market, with a share over 42%.
Global Lead-Acid Battery (Lead-Acid Batteries) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Lead-Acid Battery (Lead-Acid Batteries) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Clarios, Exide Technologies, CSB Energy Technology, GS Yuasa, EnerSys, East Penn Manufacturing, Fiamm, Sebang, Hankook AtlasBX, Amara Raja, C&D Technologies, Midac Batteries, ACDelco, Banner batteries, First National Battery, Chilwee, Tianneng Holding Group, Shuangdeng Group (Shoto), Camel Group, Fengfan, Leoch, Narada Power, Sacred Sun Power Sources, Coslight Technology, Exide Industries and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- VRLA Battery
- Flooded Battery
Segment by Application
- Automotive Starter
- Motorcycles and Electric Bikes
- Forklifts and Other Vehicles
- Communication Industry
Table of Content:
1 Lead-Acid Battery (Lead-Acid Batteries) Market Overview
2 Lead-Acid Battery (Lead-Acid Batteries) Market Competition by Manufacturers
3 Lead-Acid Battery (Lead-Acid Batteries) Retrospective Market Scenario by Region
4 Global Lead-Acid Battery (Lead-Acid Batteries) Historic Market Analysis by Type
5 Global Lead-Acid Battery (Lead-Acid Batteries) Historic Market Analysis by Application
6 Key Companies Profiled
7 Lead-Acid Battery (Lead-Acid Batteries) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Lead-Acid Battery (Lead-Acid Batteries) Market Dynamics
10 Global Lead-Acid Battery (Lead-Acid Batteries) Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta