Global Stationary Lead Acid Battery Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Stationary Lead Acid Battery Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The lead-Acid battery uses a chemical reaction to do work on charge and produce a voltage between their output terminals. Despite having a very low energy-to-weight ratio and a low energy-to-volume ratio, its ability to supply high surge currents means that the cells have a relatively large power-to-weight ratio. Stationary lead acid batteries are used in coordination with a backup power device such as an inverter or a UPS to provide the necessary backup to the equipment being powered. Lower capacity SLA batteries are used with devices such as emergency lighting and security equipment. Stationary Lead-Acid battery widely used in UPS, Telecommunication applications, Utility/switchgear, etc.

Market Overview:

The latest research study on the global Stationary Lead Acid Battery market finds that the global Stationary Lead Acid Battery market reached a value of USD 10159.54 million in 2022. It’s expected that the market will achieve USD 13291.26 million by 2028, exhibiting a CAGR of 4.58% during the forecast period.

The competition in this market is fierce, with global players and more and more niche regional suppliers mixed together. In recent years, due to the continuous rise and volatility of lead prices, price pressures have intensified. This affects the profit margins of most Tier 1 suppliers. Major end-user sectors such as telecommunications and UPS/data communications are focused on providing the power needed for their facilities. Therefore, brand equity plays a key role in this highly competitive market. Suppliers that provide a higher value proposition and a complete support service suite for key end-user market segments will be more likely to have a certain share of the market.

During the epidemic, the COVID-19 pandemic has caused the market to shrink due to the lockdown and the cessation of industrial activities. At present, stationary lead-acid batteries may face fierce competition from other battery chemicals. Lithium-ion is becoming more and more popular due to its high energy density, cost-effectiveness, and ability to meet the ever-increasing power demands of new technologies. The decline in the price of lithium-ion batteries and the increase in sales of electric vehicles may inhibit the growth of the stationary lead-acid battery market in the next few years.

The product has a wide range of applications

Stationary lead-acid batteries are the basic products of the national economy and are widely used in public utilities/switch equipment, communications, electricity, railways, uninterruptible power supplies, computers, emergency equipment and other fields. With the development of economy and technology, the demand for lead-acid batteries in these industries continues to increase. At the same time, with the continuous improvement of the technological level of lead-acid batteries, the quality and performance of their products have also been continuously improved, their application areas have been continuously expanded, and demands in downstream industries have continued to emerge.

Market Challenges

As global pollution levels continue to rise, governments and local authorities are aware of the impact of these issues and are emphasizing environmental protection. The green technology or green energy movement has affected the battery market in a positive way. This movement constitutes a more environmentally friendly and sustainable technology and is one of the key strategies to reduce the negative effects of pollution. Lead-acid battery manufacturers hope to recycle old lead-acid batteries because it directly affects production and operating costs when obtaining manufacturing materials. Lead-acid batteries use 60% to 80% of recycled lead because the energy used to process recycled lead is lower than that of raw ore. This protects the environment from the toxic effects of lead and plastic and meets the requirements of end users because they are price sensitive.

Region Overview:

In 2021, the share of the Stationary Lead Acid Battery market in Asia Pacific stood at 45.91%.

Company Overview

Exide is one of the major players operating in the Stationary Lead Acid Battery market, holding a share of 16.78% in 2022.

Exide

Exide Technologies is committed to providing world-class energy storage solutions, leading the industry in quality and performance, driving customer outcomes and changing people's lives.

CSB Energy Technology Co., Ltd.

As a manufacturer and seller of valve-regulated lead-acid batteries, CSB Energy Technology Co., Ltd.'s products are sold in 100 countries and have been widely used in communication equipment, uninterruptible power systems, solar energy, wind power, and emergency lighting. Energy saving concept and safety system and other products.

Segmentation Overview:

Among different product types, 12V segment is anticipated to contribute the largest market share in 2027.

Application Overview:

The market's largest segment by application is the segment Telecommunication Applications, with a market share of 42.29% in 2021.

Key Companies in the global Stationary Lead Acid Battery market covered in Chapter 3:

Leoch
CGB
Coslight Technology
C&D Technologies
Sacred Sun Power Sources
Banner batteries
First National Battery
GS Yuasa Corporate
CSB Energy Technology Co., Ltd.
Ritar Power
EAST PENN Manufacturing
THE FURUKAWA BATTERY
Narada Power
Hoppecke
Midac Power
Exide
Enersys
Amara Raja

In Chapter 4 and Chapter 14.2, on the basis of types, the Stationary Lead Acid Battery market from 2018 to 2029 is primarily split into:

2 V
4 V
6 V
8 V
12V
16 V
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Stationary Lead Acid Battery market from 2018 to 2029 covers:

Telecommunication Applications
Uninterruptible Power System
Utility/Switchgear
Emergency Lighting
Security System
Cable Television/Broadcasting
Oil and Gas
Renewable Energy
Railway Backup

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)