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  • Published In : Mar 2024
  • Code : CMI984
  • Pages : 167
  • Formats :
      Excel and PDF
  • Industry : Semiconductors
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Global lead acid battery market is estimated to be valued at USD 50.32 Billion in 2024 and is expected to reach USD 72.13 billion by 2031, exhibiting a compound annual growth rate (CAGR) of  5.3% from 2024 to 2031.

Report Description:

Global lead acid battery market has been an integral part of the energy storage domain for decades. Lead acid batteries comprise lead oxide electrodes and sulfuric acid electrolyte sealed inside a plastic case. These batteries rely on reversible chemical reactions involving lead plates and sulfuric acid to store and release energy generated from sources like fuel cells or solar panels. Though considered conventional, lead acid batteries continue to be widely used across various sectors owing to advantages like reliability, low manufacturing cost, and recyclability. The automotive segment remains the dominant end user of these batteries, powering ignition and electrical systems of conventional as well as hybrid vehicles.

Market Dynamics:

The global lead acid battery market is experiencing substantial growth, primarily fueled by the escalating demand within the automotive industry worldwide. As vehicle ownership steadily increases, particularly in developing nations, the need for replacing conventional lead acid starter batteries continues to surge. Additionally, the thriving electrified vehicle sector, relying on lead acid batteries as a vital component, further propels market expansion. Despite these positive trends, stringent environmental regulations governing lead waste disposal pose a significant challenge to market growth. Nevertheless, the industry's focus on developing sustainable and recyclable batteries presents a promising opportunity for market players. Embracing advanced technologies, such as Valve Regulated Lead Acid (VRLA) batteries, holds the potential to mitigate challenges and enhance the overall appeal of lead acid battery products in the market.

Key features of the study:

  • This report provides in-depth analysis of the global lead acid battery market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global lead acid battery market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include ATLASBX Co. Ltd., B. B. Battery, C&D Technologies, Inc., Camel Group Co., Ltd., Chaowei Power Holdings Limited., Clarios, Coslight Technology International Group Co. Ltd., Crown Battery Corporation, East Penn Manufacturing Co., Enersys, Exide Industries Ltd., Furukawa Electric Co., Ltd., GS Yuasa Corporation, Hitachi Chemical Company, Ltd., Hoppecke Batterien GmbH & Co. KG., Johnson Controls, Leoch International Technology Ltd., Narada Power Source Co. Ltd., Shandong Sacred Sun Power Sources Co. Ltd., SiteTel Sweden AB (NorthStar), Yokohama Batteries Sdn. Bhd., Zhangzhou Huawei Power Supply Technology Co., Ltd. are the major players.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • Global lead acid battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global lead acid battery market.

Detailed Segmentation:

  • Product Type
    • SLI Lead Acid Battery
    • Stationary Lead Acid Battery
    • Motive Lead Acid Battery
  • Construction Method 
    • Flooded Lead Acid Battery
    • VRLA Lead Acid Battery
  • End-use Industry 
    • Industrial
    • Commercial
    • Residential
  • Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East
    • Africa
  • Key Players Insights
    • ATLASBX Co. Ltd.
    • B. B. Battery
    • C&D Technologies, Inc.
    • Camel Group Co., Ltd.
    • Chaowei Power Holdings Limited.
    • Clarios
    • Coslight Technology International Group Co. Ltd.
    • Crown Battery Corporation
    • East Penn Manufacturing Co.
    • Enersys
    • Exide Industries Ltd.
    • Furukawa Electric Co., Ltd.
    • GS Yuasa Corporation
    • Hitachi Chemical Company, Ltd.
    • Hoppecke Batterien GmbH & Co. KG.
    • Johnson Controls
    • Leoch International Technology Ltd.
    • Narada Power Source Co. Ltd.
    • Shandong Sacred Sun Power Sources Co. Ltd.
    • SiteTel Sweden AB (NorthStar)
    • Yokohama Batteries Sdn. Bhd.
    • Zhangzhou Huawei Power Supply Technology Co., Ltd.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Construction Method
      • Market Snippet, By End-Use Industry
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New System Launch/Approvals
    • Impact of COVID-19 Pandemic
  4. Global Lead Acid Battery, By Product Type, 2019-2031, (US$ Billion)
    • Introduction
      • Market Share Analysis, 2024 and 2031(%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • SLI Lead Acid Battery
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
    • Stationary Lead Acid Battery
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
    • Motive Lead Acid Battery
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
  5. Global Lead Acid Battery, By Construction Method, 2019-2031, (US$ Billion)
    • Introduction
      • Market Share Analysis, 2024 and 2031(%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • Flooded Lead Acid Battery
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
    • VRLA Lead Acid Battery
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
  6. Global Lead Acid Battery, By End-Use Industry, 2019-2031, (US$ Billion)
    • Introduction
      • Market Share Analysis, 2024 and 2031(%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • Industrial
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
    • Commercial
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
    • Residential
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
  7. Global Lead Acid Battery, By Region, 2019-2031, (US$ Billion)
    • Introduction
      • Market Share Analysis, By Region, 2024 and 2031 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Construction Method, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By End-Use Industry, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Country, 2019–2031, (US$ Billion)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2019–2031 (US$ Billion)
      • Market Size and Forecast, By Construction Method, 2019–2031 (US$ Billion)
      • Market Size and Forecast, By End-Use Industry, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Country, 2019–2031, (US$ Billion)
        • U.K.
        • Germany
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Construction Method, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By End-Use Industry, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Country, 2019–2031, (US$ Billion)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Construction Method, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By End-Use Industry, 2019–2031, (US$ Billion)
      • Market Size and Forecast, By Country, 2019–2031, (US$ Billion)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Market Size and Forecast, By Product Type, 2019–2031 (US$ Billion)
      • Market Size and Forecast, By Construction Method, 2019–2031 (US$ Billion)
      • Market Size and Forecast, By End-Use Industry, 2019–2031 (US$ Billion)
      • Market Size and Forecast, By Country, 2019–2031, (US$ Billion)
        • South Africa
        • GCC Countries
        • Rest of the Middle East and Africa
  8. Competitive Landscape
    • Company Profiles
      • ATLASBX Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • B. B. Battery
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • C&D Technologies, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Camel Group Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Chaowei Power Holdings Limited.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Clarios
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Coslight Technology International Group Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Crown Battery Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • East Penn Manufacturing Co.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Enersys
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Exide Industries Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Furukawa Electric Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • GS Yuasa Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hitachi Chemical Company, Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hoppecke Batterien GmbH & Co. KG.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Johnson Controls
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Leoch International Technology Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Narada Power Source Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Shandong Sacred Sun Power Sources Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • SiteTel Sweden AB (NorthStar)
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Yokohama Batteries Sdn. Bhd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Zhangzhou Huawei Power Supply Technology Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  9. Wheel of Fortune
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Global Lead Acid Battery - forecast to 2031”.

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