Global Lead Acid Battery Market | Inkwood Research

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GLOBAL LEAD ACID BATTERY MARKET
FORECAST 2019-2027
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• The global lead-acid battery market is projected
  to rise with a CAGR of 3.83 over the forecast
  period of 2019-2027.
• The market is mainly driven by factors such as a
  surge in automotive sales, increasing requirement
  of the uninterrupted power supply, increasing
  demands for off-grid renewable energy
  generation-which is driving the telecom
  installations.
• The LEAD-ACID batteries have huge applications in
  a passenger vehicle, light commercial vehicles,
  heavy commercial vehicle etc. and can be broadly
  classified into SLI batteries and micro hybrid
  batteries.

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• The market is segmented on the basis of type,
  products and end-users. Market by type is
  segmented into enhanced flooded batteries,
  flooded batteries and VRLA batteries.
• The market by product is further classified into
  SLI battery, and micro-hybrid battery and the
  market by end-user is segmented into automotive
  and stationary applications and motive
  applications. Presently, the SLI batteries
  segment is dominating the market due to its
  excessive sale and uptake in two-wheelers.
• Also, the lead-acid batteries are the most
  preferred ones for the SLI functions in hybrid
  electric vehicles due to their low cost.

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Global lead-acid battery market is estimated to
grow with 3.83 CAGR during the year 2019-2027.
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The North America lead-acid battery market was
valued at XX million in 2018. The market is
expected to grow at a CAGR of 3.34 over the
forecast period of 2019-2027.
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The Europe lead-acid battery market generated a
revenue of XX million in 2018. The market is
anticipated to rise at a CAGR of 2.67 over the
forecast period of 2019-2027,
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The Asia-Pacific lead-acid battery market is
anticipated to rise with the highest CAGR of
4.50 over the forecast period of 2019-2027 while
generating XX million by its end.
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B.B. Battery Co., Toshiba Corporations, CD
Technologies, Inc. (Acquired By KPS Capital
Partner), Crown Battery, CSB Battery Company
Ltd., East Penn Manufacturing, EnerSys, Exide
Technologies Inc., GS Yuasa Corporation, Johnson
Controls Inc., Narada Power Source Co. Ltd.,
Nipress (Indonesia), Northstar, Reem Batteries
Power Appliances Co. SAOC and Zibo Torch Energy
Co. Ltd. are some of the leading companies in
this market.
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