Global Lead
Acid Battery market is anticipated to grow at an impressive CAGR of over 5% during
the forecast period, due to the increasing urbanization & industrialization
and rising usage of battery in vehicles. Based on the product, the Global Lead
Acid Battery market has been segmented into Stationary, Motive and Start, Light
and Ignition Batteries (SLI). Stationary lead acid battery is expected to grow
at a higher rate during the forecast period due to the rising dependency on
electronics and increasing focus toward improved power quality.
Based
on the construction method, the Global Lead Acid Battery market is categorised
into Flooded and Valve Regulated Lead Acid (VRLA). Owing to the low self-discharge
rates, high resistance to vibration and safe handling capabilities, the demand
for VRLA batteries is expected to increase in the forecast period.
Transportation Sector expected to
acquire the major share in the forecast period
Based
on the application, the market has been segmented into Transportation,
Industrial Motive, Stationary Industrial, Residential, Commercial and Grid
Storage. Transportation sector is expected to acquire the major share due to
the rising demand for vehicles.
Geographically, the market has been segmented
into Asia-Pacific, North America, South America, Middle East & Africa and
Europe. Asia Pacific region is anticipated to register high growth rate during
the forecast period due to government initiatives to increase foreign direct
investments and rapidly expanding automotive industry.
Years considered for this report:
Historical
Years: 2014-2016
Base
Year: 2017
Estimated
Year: 2018
Forecast
Period: 2019–2024
Objective of the Study:
- To analyse and forecast the market size
of Global Lead Acid Battery Market, in terms of value and volume.
- To classify and forecast Global Lead
Acid Battery Market based on product, construction method, sales channel,
end user industry and regional distribution.
- To identify drivers and challenges for Global
Lead Acid Battery Market.
- To examine competitive developments such
as expansions, new product launches, mergers & acquisitions, etc., in Global
Lead Acid Battery Market.
- To conduct the pricing analysis for Global
Lead Acid Battery Market.
- To identify and analyse the profile of
leading players involved in the manufacturing of Global Lead Acid Battery.
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Some of the leading players in the Global Lead Acid Battery Market are
East Penn Manufacturing Company, Johnson Controls, Enersys, Furukawa, Mutlu,
MEBCO, Leoch International Technology, NorthStar Battery Company, Fengfan,
Hoppecke Batteries, etc.
TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers across the globe. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufacturers which could not be identified
due to the limitations of secondary research. TechSci Research analysed the
service offerings, distribution channels and presence of all major
collaboration solution providers across the globe.
TechSci Research calculated
the market size of Global Lead
Acid Battery Market using a bottom-up approach, where
data for various application across various technology were recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through analysing
historical data of these product types and applications for getting an appropriate,
overall market size. Various secondary sources such as company website, news
articles, press releases, company annual reports, investor presentations and
financial reports were also used by TechSci Research.
Key Target Audience:
- OEMs
- Suppliers and Distributors
- End Users
- Market Research Firms
- Government Institutions
- Industry associations and experts
- Research organizations and consulting companies
The
study is useful in providing answers to several critical questions that are important
for the industry stakeholders such as collaboration manufacturer and partners,
end users, etc., besides allowing them in strategizing investments and
capitalizing on market opportunities.
Report Scope:
In this
report, Global Lead Acid Battery Market has been segmented into following
categories, in addition to the industry trends which have also been detailed
below:
- Stationary
- Motive
- Start, Light and Ignition Batteries (SLI)
- Market, By Construction Method:
- Flooded
- Valve Regulated Lead Acid (VRLA)
- Market,
By Sales Channel:
- Original Equipment Market (OEM)
- Aftermarket
- Transportation
- Industrial Motive
- Stationary Industrial
- Residential
- Commercial
- Grid Storage
- Asia Pacific
- China
- India
- Japan
- Australia
- New Zealand
- South Korea
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Russia
- Poland
- Sweden
- Netherlands
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Chile
- Middle East and Africa
- South Africa
- Saudi Arabia
- Egypt
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in Global Lead Acid Battery Market.
Available Customizations:
With
the given market data, TechSci Research offers customizations according the
company’s specific needs. The following customization options are available for
the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
Profit
Margin Analysis
- Profit margin analysis in case of direct and indirect sales
channel.
In case you don’t find what you are looking for, please get in touch
with our custom research team at sales@techsciresearch.com
It is an upcoming
report to be released soon. If you wish an early delivery of this report or
want to confirm the date of release, please contact us at sales@techsciresearch.com