Kuwait lead acid battery market is
forecast to continue witnessing growth over the next five years, due to increasing
requirement of power backup from the industrial sector and commercial sector. Moreover,
the growing automotive market is expected to keep on boosting Kuwait lead acid
battery market in the coming years. Based on the application, Kuwait lead acid
battery market has been segmented into transportation, industrial motive,
stationary industrial, residential, commercial and grid storage. The transportation
sector is expected to witness significant growth in Kuwait lead acid battery
market, owing to the rising demand for passenger cars in the country.
The Al Ahmadi region is expected
to account for a significant portion of Kuwait lead acid battery market. The
growth of Al Ahmadi region is majorly attributable to the increasing demand of
passenger cars in the region. Moreover, increasing requirement of UPS in
industrial sectors across the region is anticipated to bolster the country’s lead
acid market during the forecast period.
for this report:
Historical Years: 2014-2017
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2019-2024
Objective of the Study:
- To analyze and forecast the market size of Kuwait
lead acid battery market, in terms of value and volume.
- To classify and forecast Kuwait lead acid
battery market based on product type, construction method, sales channel, application
and regional distribution.
- To identify drivers and challenges for Kuwait lead
acid battery market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Kuwait
lead acid battery market.
- To conduct the pricing analysis for Kuwait lead
acid battery market.
- To identify and analyze the profile of leading
players involved in Kuwait lead acid battery market.
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Some of the major players operating in Kuwait lead
acid battery market are Exide
Technologies, ATLASBX Co. Ltd., GS Yuasa Corporation, Nipress PT, Leoch
International Technology Ltd., CSB Battery Co. Ltd., Crown Battery
Manufacturing Company, Johnson Controls International plc, etc.
To perform the study, TechSci
Research conducted primary as well as exhaustive secondary research. Initially,
TechSci Research prepared an exhaustive list of lead acid battery manufacturers
operating in Kuwait. Subsequently,
TechSci Research conducted primary research surveys, which include primary
calls, email responses, etc., with the identified companies. While
interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include
manufacturers which could not be identified due to the limitations of secondary
research. TechSci Research analysed product offerings, distribution channels,
and regional presence of all major companies of Kuwait lead acid battery
TechSci Research calculated the market size for Kuwait
lead acid battery market using a
bottom-up technique, wherein manufacturers value data for different applications, was recorded as well as forecast for the future years. TechSci Research sourced these
values from industry experts and company representatives, and externally
validated through analyzing historical sales data of respective manufacturers
to arrive at the overall market
size. Multiple secondary sources such as directories, databases such as company
websites, company annual reports, white papers, investor presentations and
financial reports were also used by TechSci Research.
Key Target Audience:
acid battery manufacturers, distributors and other stakeholders
acid battery component suppliers and distributors
and hybrid vehicle manufacturers
organizations, forums and alliances related to lead acid batteries market
- Government bodies such as regulating authorities
and policy makers
research and consulting firms
The study is useful in providing answers to several
critical questions that are important for industry stakeholders such as Kuwait lead acid battery manufacturer, distributors
and policy makers. The
study would also help them to target the growing segments over the coming years
(next two to five years), thereby aiding the stakeholders in taking investment
decisions and facilitating their expansion.
In this report, Kuwait lead acid battery market has been
segmented into following categories, in addition to the industry trends which
have also been detailed below:
- Market, by Product Type:
- Start, Light and Ignition Batteries (SLI)
- Market, by Construction Method:
- Market, By Sales Channel:
- Original Equipment Market (OEM)
- Market, by Application:
- Industrial Motive
- Stationary Industrial
- Grid Storage
- Market, By Region:
- Al Farwaniyah Region
- Hawalli Region
- Al Ahmadi Region
- Capital Region
- Al Jahra Region
- Mubarak Al-Kabeer Region
Company Profiles: Detailed analysis of the major
companies present in Kuwait Lead Acid Battery market.
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:
- Detailed analysis and profiling of additional
market players (up to five).
- Profit margin analysis in case of direct and
indirect sales channel.
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