The global lead acid battery market size is expected to reach around US$ 61 Bn by 2027 and growing at a CAGR of 5% during the forecast period 2020 to 2027.
A lead acid battery is known as an energy storage device, which is mainly a motor and industrial power source. Lead acid battery is a secondary/rechargeable battery composed a cathode of plumbing mercury, a solution of sulfuric acid and a metal-lead sponge. Lead acid batteries are installed as a backup source to ensure consistent power supply in the case of a breakage in addition to vehicle and traction applications.
The report provides analysis of global Lead Acid Battery market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.
Market Dynamics
The advancement of the electric vehicle, passenger vehicles and motorcycle industries increase the demand for lead acid battery industry, and the use of lead acid batteries in the field of energy storage will contribute to demand growth. Huge demand for UPS is fueling business growth in the manufacturing sectors which included processing, oil & gas, chemical and healthcare. Certain considerations, such as smart grid initiatives, car charging network proliferation, increased use of hybrid and electric cars, and increased use of renewable energy, all lead to continued growth in the sector. The low costs of battery processing and long-lasting output would push the demand. However, the product's high level of lead can harm the ecosystem, which is expected to hinder market development. Other characteristics, such as their low energy density, are expected to limit production. Alternatives such as lithium-ion batteries are expected to appear in the car industry as a response to the rise of the market.
Regional Stance
Asia Pacific held significant market share in 2019 and anticipated to govern the market amid the projected time span. China, Japan, India, South Korea and Australia are the main economies in Asia-Pacific. Several of the driving forces of the region's development include rapid industrialization, population growth, increasing production & selling of vehicles, and an increase in demand for UPS systems. In Asia Pacific, lead acid batteries revenue is mainly extracted from the automotive sector due to high passenger car demand, along with growing recognition of electric cars. European Region is expected to see significant growth owing to the growing number of offshore and onshore renewable energy industries. In turn, rising populations and increasing people's readily available income in the area would likely raise passenger car demand, thus leading to growth on the industry.
Report coverage
The market research study on “Lead Acid Battery Market (Lead Acid Battery Market By Type: Stationary: SLI, Motive; Lead Acid Battery Market By Construction: VRLA, Flooded; Lead Acid Battery Market By Application: UPS, Automotive, Telecom, Transport Vehicles, Electric Bikes, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global Lead Acid Battery market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report covers global Lead Acid Battery market size, and segment markets by type, construction, application, and geography along with the information on companies operating in the market. The Lead Acid Battery market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
The global Lead Acid Battery market is segmented as below:
Market Segmentation
Lead Acid Battery Market By Type
Lead Acid Battery Market By Construction
Lead Acid Battery Market By Application
- UPS
- Automotive
- Telecom
- Transport Vehicles
- Electric Bikes
- Others
Lead Acid Battery Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Players and Market Situation
Participants include major global players such Narada Power Source Co. Ltd., GS Yuasa Corp, Leoch International Technology Ltd., ATLASBX Co. Ltd., NorthStar, C&D Technologies, Inc., Crown Battery Manufacturing, Johnson Controls, Others.
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Lead Acid Battery
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Lead Acid Battery Market By Type
1.2.2.1. Global Lead Acid Battery Market Revenue and Growth Rate Comparison By Type (2016-2027)
1.2.2.2. Global Lead Acid Battery Market Revenue Share By Type in 2019
1.2.2.2.1. Stationary
1.2.2.2.2. SLI
1.2.2.2.3. Motive
1.2.3. Lead Acid Battery Market By Construction
1.2.3.1. Global Lead Acid Battery Market Revenue and Growth Rate Comparison By Construction (2016-2027)
1.2.3.1.1. VRLA
1.2.3.1.2. Flooded
1.2.4. Lead Acid Battery Market By Application
1.2.4.1. Global Lead Acid Battery Market Revenue and Growth Rate Comparison By Application (2016-2027)
1.2.4.2. UPS
1.2.4.3. Automotive
1.2.4.4. Telecom
1.2.4.5. Transport Vehicles
1.2.4.6. Electric Bikes
1.2.4.7. Others
1.2.5. Lead Acid Battery Market By Geography
1.2.5.1. Global Lead Acid Battery Market Revenue and Growth Rate Comparison By Geography (2016-2027)
1.2.5.2. North America Lead Acid Battery Market Revenue and Growth Rate(2016-2027)
1.2.5.3. Europe Lead Acid Battery Market Revenue and Growth Rate(2016-2027)
1.2.5.4. Asia-Pacific Lead Acid Battery Market Revenue and Growth Rate(2016-2027)
1.2.5.5. Latin America Lead Acid Battery Market Revenue and Growth Rate(2016-2027)
1.2.5.6. Middle East and Africa (MEA)Lead Acid Battery Market Revenue and Growth Rate(2016-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Lead Acid Battery Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Lead Acid Battery Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Lead Acid Battery Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Lead Acid Battery Major Manufacturers in 2019
CHAPTER 4. LEAD ACID BATTERY MARKET BY TYPE
4.1. Global Lead Acid Battery Revenue By Type
4.2. Stationary
4.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
4.3. SLI
4.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
4.4. Motive
4.4.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 5. LEAD ACID BATTERY MARKET BY CONSTRUCTION
5.1. Global Lead Acid Battery Revenue By Construction
5.2. VRLA
5.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
5.3. Flooded
5.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 6. LEAD ACID BATTERY MARKET BY APPLICATION
6.1. Global Lead Acid Battery Revenue By Application
6.2. UPS
6.2.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.3. Automotive
6.3.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.4. Telecom
6.4.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.5. Transport Vehicles
6.5.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.6. Electric Bikes
6.6.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
6.7. Others
6.7.1. Market Revenue and Growth Rate, 2016 - 2027 ($Million)
6.7.2. Market Revenue and Forecast, By Region, 2016 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA LEAD ACID BATTERY MARKET BY COUNTRY
7.1. North America Lead Acid Battery Market Revenue and Growth Rate, 2016 - 2027 ($Million)
7.2. North America Lead Acid Battery Market Revenue Share Comparison, 2016 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Lead Acid Battery Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 8. EUROPE LEAD ACID BATTERY MARKET BY COUNTRY
8.1. Europe Lead Acid Battery Market Revenue and Growth Rate, 2016 - 2027 ($Million)
8.2. Europe Lead Acid Battery Market Revenue Share Comparison, 2016 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC LEAD ACID BATTERY MARKET BY COUNTRY
9.1. Asia-Pacific Lead Acid Battery Market Revenue and Growth Rate, 2016 - 2027 ($Million)
9.2. Asia-Pacific Lead Acid Battery Market Revenue Share Comparison, 2016 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA LEAD ACID BATTERY MARKET BY COUNTRY
10.1. Latin America Lead Acid Battery Market Revenue and Growth Rate, 2016 - 2027 ($Million)
10.2. Latin America Lead Acid Battery Market Revenue Share Comparison, 2016 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA LEAD ACID BATTERY MARKET BY COUNTRY
11.1. Middle East & AFRICA Lead Acid Battery Market Revenue and Growth Rate, 2016 - 2027 ($Million)
11.2. Middle East & AFRICA Lead Acid Battery Market Revenue Share Comparison, 2016 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
11.5. Rest of Middle East & AFRICA
11.5.1. Market Revenue and Forecast By Type, 2016 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Construction, 2016 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Application, 2016 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Narada Power Source Co. Ltd.
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Type Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. GS Yuasa Corp
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Type Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Leoch International Technology Ltd.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Type Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. ATLASBX Co. Ltd.
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Type Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. NorthStar
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Type Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. C&D Technologies, Inc.
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Type Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Crown Battery Manufacturing
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Type Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Johnson Controls
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Type Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Others
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Type Portfolio
12.9.5. Key Developments
12.9.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
