India Lead Acid Battery Market By Type (SLI, Stationary and Motive/Traction), By Application (Automotive, Telecommunications, UPS, Electric Vehicles and Others), Competition Forecast & Opportunities, 2013 – 2023

India lead acid battery market is projected to reach $ 7.6 billion by 2023. Anticipated growth in the market can be attributed to booming demand for automobiles, in addition to increasing focus of the government towards boosting the penetration of electric vehicles in the country. Moreover, development of smart grids, continuing technological developments, increasing budget allocation for housing projects and government initiatives aimed at shifting the focus from conventional sources to renewables in India is further expected to positively influence the country’s lead acid battery market in the coming years.

Years Considered for this Report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

• To estimate and forecast India lead acid battery market size in terms of value and volume.
• The primary objective of the study is to understand and gain insights about India lead acid battery market and its segmental analysis by type, by application and by regional share.
• To categorize and forecast India lead acid battery market by type such as SLI, Stationary and Motive.
• To categorize and forecast India lead acid battery market by application such as automotive, telecommunications, UPS and electric vehicles.
• To categorize and forecast India lead acid battery market by regions - North, East, West and South.
• To identify major drivers & challenges for India lead acid battery market.
• To identify major trends in India lead acid battery market.
• To profile major companies operating in India lead acid battery market.

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Few of the major players operating in India lead acid battery market are Exide Industries Limited, Amara Raja Batteries Limited, Livguard Energy Technologies Private Limited, Luminous Power Technologies Pvt. Ltd., HBL Power Systems Limited, V-Guard Industries, Southern Batteries Private Limited, Su-Kam Power Systems Limited, Okaya Power Private Limited, etc.  

To analyze and forecast India lead acid battery market, both top-down and bottom-up approaches have been used. Multiple employees from the leading companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in India lead acid battery market was also undertaken, which included analysis of information such as ongoing projects, followed by the details of expected year of implementation and estimated investments along with the expansion plans of various projects in India. Moreover, detailed and in-depth scrutiny of information was done to understand each policy or external or internal factor which could increase or decrease the demand for lead acid batteries in India. To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future plans of major players were studied and projects and initiatives which have been taken in the country were identified.

Various secondary sources such as white papers and secondary literature on lead acid battery, Smart Cities Mission, Federation of Indian Chambers of Commerce and Industry (FICCI), Ministry of New and Renewable Energy, Ministry of Housing & Urban Poverty Alleviation, Lead Acid Battery Companies’ Annual Reports, International Monetary Fund and World Bank were also studied by TechSci Research.

Key Target Audience:

• Lead Acid Battery manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• End users of lead acid battery
• Market research organizations and consulting firms

The study is essential in delivering useful information to industry stakeholders such as lead acid battery manufacturers, suppliers, and end users. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities in specific market segments and geographies.

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 listed below:

• Market, by Type:
• SLI
• Stationary
• Motive/Traction
• Market, by Application:
• Automotive
• Telecommunications
• UPS
• Electric Vehicles
• Others

·         Market, by Region:

• North
• East
• West
• South

Competitive Landscape

Competitive Benchmarking: Benchmarking of leading 10 players on the basis of type of lead acid batteries offered.

Company Profiles: Detailed analysis of the major companies present in India lead acid battery market.

Available Customizations:                                          

With the given market data, TechSci 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 (up to five).

In case you can’t find what you are looking for, then please get in touch with our custom research team at [email protected]