Global Industrial Lead-Acid Battery Market Growth 2023-2029

Global Industrial Lead-Acid Battery Market Growth 2023-2029

The lead–acid battery is the oldest type of rechargeable battery. Despite having a very low energy-to-weight ratio and a low energy-to-volume ratio, its ability to supply high surge currentsmeans that the cells have a relatively large power-to-weight ratio. These features, along with their low cost, make them attractive for use in motor vehicles to provide the high current required by automobile starter motors.

LPI (LP Information)' newest research report, the “Industrial Lead-Acid Battery Industry Forecast” looks at past sales and reviews total world Industrial Lead-Acid Battery sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Lead-Acid Battery sales for 2023 through 2029. With Industrial Lead-Acid Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Lead-Acid Battery industry.

This Insight Report provides a comprehensive analysis of the global Industrial Lead-Acid Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Lead-Acid Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Lead-Acid Battery market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Lead-Acid Battery and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Lead-Acid Battery.

The global Industrial Lead-Acid Battery market size is projected to grow from US$ 16480 million in 2022 to US$ 22490 million in 2029; it is expected to grow at a CAGR of 22490 from 2023 to 2029.

Wet cell stand-by (stationary) batteries designed for deep discharge are commonly used in large backup power supplies for telephone and computer centres, grid energy storage, and off-grid household electric power systems. Lead–acid batteries are used in emergency lighting and to power sump pumps in case of power failure. Traction (propulsion) batteries are used in golf carts and other battery electric vehicles. Large lead-acid batteries are also used to power the electric motors in diesel-electric(conventional) submarines when submerged, and are used as emergency power on nuclear submarines as well. Valve-regulated lead acid batteries cannot spill their electrolyte. They are used in back-up power supplies for alarm and smaller computer systems (particularly in uninterruptible power supplies; UPS) and for electric scooters, electric wheelchairs, electrified bicycles, marine applications, battery electric vehicles or micro hybrid vehicles, and motorcycles.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Lead-Acid Battery market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
FLA Batteries
VRLA Batteries

Segmentation by application
Automotive
Telecom
Transport Vehicles
Electric Bikes
UPS

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Coslight
East Penn Manufacturing
EnerSys
Exide Technologies
GS Yuasa
C&D Technologies
Crown Battery
Daejin Battery
EverExceed
Exide Industries
HBL Power Systems
HOPPECKE
Microtex Energy
MIDAC Batteries
Navitas System
Rolls Battery
Storage Battery Systems
Su-Kam Power Systems
Trojan Battery

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Lead-Acid Battery market?

What factors are driving Industrial Lead-Acid Battery market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Lead-Acid Battery market opportunities vary by end market size?

How does Industrial Lead-Acid Battery break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.