The India Lead Acid Battery Market is expected to grow at a robust CAGR during the forecast period. A lead-acid battery is a rechargeable battery that uses lead and sulfuric acid to function. Lead is immersed in sulfuric acid to allow controlled chemical reactions. This chemical reaction causes the battery to generate electricity. This reaction is then reversed, and the battery is recharged. Rapid growth in the commercial vehicle, motorcycle, and passenger vehicle industries boost product demand. The demand is growing due to the growing demand for UPS in various sectors such as banking, oil & gas, healthcare, and chemicals. As IT infrastructure evolves, the demand for data centres to centralize information, store data, and distribute data increases. A strong reliance on constant communication and an increase in the exchange of information can be seen all over the world. Lead-acid batteries are widely used in the transportation industry as countries adopt electric vehicles to reduce his CO2 emissions. Demand for lead-acid batteries in the transportation industry is growing rapidly as emerging market governments support clean energy and green transportation. Many automotive battery OEMs receive subsidies to increase their production capacity. Factors such as these, along with the increasing burden of unplanned power outages, provide lucrative growth opportunities for the lead-acid battery market.

Rising demand fuel Indian Lead-Acid Battery Market Growth

Rising demand for renewable energy is a major driver of the Indian lead-acid battery market. Inverters and solar panels drive sales of lead-acid batteries. Companies are increasingly working to improve the sustainability and recyclability of lead-acid batteries. Green energy storage is a rapidly growing phenomenon in the market environment. Stakeholders are stepping up efforts to build an advanced lead-acid battery ecosystem.

Rising demand for automobiles, increasing production levels and demand for batteries, including lead-acid batteries in addition, on-demand mobility, the introduction of ultra-batteries into the energy storage segment, and the development of advanced energy storage modules for the automotive industry are key factors driving vehicle production and lead-acid battery consumption.

Lead-acid batteries are commonly used in automotive applications such as forklifts, golf carts, and industrial cleaners. High usage of lead-acid batteries in forklifts is likely to drive the market due to low cost, reliability, and established supply chain. Lead-acid batteries are widely used in automobiles as they provide high power to start the engine. The excellent safety, quality and recycling process of these batteries are expected to further expand the market during the forecast period.

Recent Developments

Lead-acid battery manufacturer Amara Raja Batteries has resumed lead-acid battery manufacturing operations in May 2021. The company received a closure order from the Andhra Pradesh Pollution Control Board (APPCB) in April 2021. The closure order involved alleged violations of the Water (Pollution Prevention and Control) Act 1974 and the Air (Pollution Prevention and Control) Act 1981. However, the company has resumed manufacturing operations at its Nunegundlapalli and Karkambadi factories after the Andhra Pradesh surge. The court granted approval and temporarily stayed the APPCB's order.

After selling 25,000 Komaki XGT-X1 lithium-ion battery packs, Komaki Electric Vehicles introduced affordable electric scooter version with lead-acid battery variant in September 2021. The company introduced the XGT-X1 electric scooter in June 2020. The electric scooter features telescopic shock absorbers, an anti-theft system, a remote lock and the company's new advanced technology known as a lithium titanate battery. This battery typically provides a range of 100km to 120km on a single charge in eco mode. To ensure a safe ride on the roughest city streets (in case of emergency), the scooter is also equipped with a synchro braking system and enlarged BIS (Bureau of Indian Standards) wheels.

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Market Segments

India Lead Acid Battery Market is segmented by type and application. Based on by type, the market is bifurcated into SLI, Stationary and Motive/Traction. Based on Application, the market is further bifurcated into automotive, telecommunications, UPS, electric vehicles, and others.

Market Players

India Lead Acid Battery Market players include Exide Industries Ltd, Amara Raja Batteries Ltd, Luminous India, HBL Power Systems Ltd, Jayachandran Industries (P) Ltd, Okaya Power Pvt. Ltd, Southern Batteries Pvt. Ltd, Microtex Energy Private Limited, Livguard Energy Technologies Pvt Ltd, True Power Systems LLP.



Base Year


Historic Data

2018– 2022

Estimated Year


Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

By Type

By Application

Regional scope

North, South, West, East

Key companies profiled

Exide Industries Ltd, Amara Raja Batteries Ltd, Luminous India, HBL Power Systems Ltd, Jayachandran Industries (P) Ltd, Okaya Power Pvt. Ltd, Southern Batteries Pvt. Ltd, Microtex Energy Private Limited, Livguard Energy Technologies Pvt Ltd, True Power Systems LLP.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, India Lead Acid Battery Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         India Lead Acid Battery Market, By Type:

o   Start, Light, and Ignition Batteries (SLI)

o   Stationary

o   Motive/Traction

·         India Lead Acid Battery Market, By Application:

o   Automotive

o   IT & Telecommunications

o   UPS

o   Electric Vehicles

o   Others

·         India Lead Acid Battery Market, By Region:

o   North

o   South

o   West

o   East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India Lead Acid Battery market.

Available Customizations:

India Lead Acid Battery market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

·         Detailed analysis and profiling of additional market players.

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1.    Product Overview

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

4.    Impact of COVID-19 on India Lead Acid Battery Market

5.    Voice of Customer

6.    India Lead Acid Battery Market Outlook

6.1.  Market Size & Forecast

6.1.1.            By Value

6.2.  Market Share & Forecast

6.2.1.            By Type (Start, Light, and Ignition Batteries (SLI), Stationary and Motive/Traction)

6.2.2.            By Application (Automotive, IT & Telecommunications, UPS, Electric Vehicles, and Others)

6.2.3.            By Company

6.3.  Market Map

7.    North India Lead Acid Battery Outlook

7.1.  Market Size & Forecast

7.1.1.            By Value

7.2.  Market Share & Forecast

7.2.1.            By Type

7.2.2.            By Application

8.    South India Lead Acid Battery Outlook

8.1.  Market Size & Forecast

8.1.1.            By Value

8.2.  Market Share & Forecast

8.2.1.            By Type

8.2.2.            By Application

9.    West India Lead Acid Battery Outlook

9.1.  Market Size & Forecast

9.1.1.            By Value

9.2.  Market Share & Forecast

9.2.1.            By Type

9.2.2.            By Application

10. East India Lead Acid Battery Outlook

10.1.   Market Size & Forecast

10.1.1.          By Value

10.2.   Market Share & Forecast

10.2.1.          By Type

10.2.2.          By Application

11. Market Dynamics                                                                                                      

11.1.   Drivers

11.1.1.          Increasing demand for renewable energy 

11.1.2.          Increasing demand

11.1.3.          Growth from automobile sector

11.2.   Challenges

11.2.1.             Competition from Lithium-ion batteries

12. Market Trends and Developments

12.1.1.          Operations resumed by Amara Raja Batteries

12.1.2.          Introduction of scooter by Komaki Electric Vehicles

13. Company Profiles

13.1.   Exide Industries Ltd

13.1.1.          Business Overview

13.1.2.          Key Revenue and Financials (If available)

13.1.3.          Recent Developments

13.1.4.          Key Personnel

13.1.5.          Key Product/Services

13.2.   Amara Raja Batteries Ltd 

13.2.1.          Business Overview

13.2.2.          Key Revenue and Financials (If available)

13.2.3.          Recent Developments

13.2.4.          Key Personnel

13.2.5.          Key Product/Services

13.3.   Luminous India

13.3.1.          Business Overview

13.3.2.          Key Revenue and Financials (If available)

13.3.3.          Recent Developments

13.3.4.          Key Personnel

13.3.5.          Key Product/Services

13.4.   HBL Power Systems Ltd   

13.4.1.          Business Overview

13.4.2.          Key Revenue and Financials (If available)

13.4.3.          Recent Developments

13.4.4.          Key Personnel

13.4.5.          Key Product/Services

13.5.   Jayachandran Industries (P) Ltd

13.5.1.          Business Overview

13.5.2.          Key Revenue and Financials (If available)

13.5.3.          Recent Developments

13.5.4.          Key Personnel

13.5.5.          Key Product/Services

13.6.   Okaya Power Pvt. Ltd

13.6.1.          Business Overview

13.6.2.          Key Revenue and Financials (If available)

13.6.3.          Recent Developments

13.6.4.          Key Personnel

13.6.5.          Key Product/Services

13.7.   Southern Batteries Pvt. Ltd

13.7.1.          Business Overview

13.7.2.          Key Revenue and Financials (If available)

13.7.3.          Recent Developments

13.7.4.          Key Personnel

13.7.5.          Key Product/Services

13.8.   Microtex Energy Private Limited  

13.8.1.          Business Overview

13.8.2.          Key Revenue and Financials (If available)

13.8.3.          Recent Developments

13.8.4.          Key Personnel

13.8.5.          Key Product/Services

13.9.   Livguard Energy Technologies Pvt Ltd

13.9.1.          Business Overview

13.9.2.          Key Revenue and Financials (If available)

13.9.3.          Recent Developments

13.9.4.          Key Personnel

13.9.5.          Key Product/Services

13.10.True Power Systems LLP

13.10.1.       Business Overview

13.10.2.       Key Revenue and Financials (If available)

13.10.3.       Recent Developments

13.10.4.       Key Personnel

13.10.5.       Key Product/Services

14. Strategic Recommendations

14.1.   Key focus on Segment

14.1.1.          More focused on Start Light & Ignition Batteries (SLI) segment

14.1.2.          More focused on IT & Telecommunications

15. About Us & Disclaimer

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