1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Electric Power
  5. > Energy Storage Market Trends
China Stationary Lead Acid Battery Market Analysis By Application (Utilities, Oil And Gas, Buildings, Industries, Transportation Infrastructure, Off-Grid Renewable, Telecommunication) And Segment Forecasts To 2024

China Stationary Lead Acid Battery Market Analysis By Application (Utilities, Oil And Gas, Buildings, Industries, Transportation Infrastructure, Off-Grid Renewable, Telecommunication) And Segment Forecasts To 2024

  • October 2016
  • 90 pages
  • ID: 4394754

Summary

Table of Contents

China stationary lead acid battery market is expected to reach USD 4.55 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for lead acid battery in uninterruptible power supply (UPS) systems as they provide high power density and enhanced life expectancy will propel market growth over the forecast period. The growth of the commercial sector including theaters, malls, and hotels & restaurants in China is expected to stimulate the product demand on account of increasing government spending and FDIs. Rising emphasis on energy security has resulted in increasing the establishment of power plant installations over the past few years, and this trend is expected to continue owing to the increasing population and improving infrastructure.

Telecommunication was the dominant segment accounting for 40.6% of the overall revenue share in 2015 and will show steady growth in light of rising need to manage wireless connection efficiently and reduce data transmission losses.


Further key findings from the report suggest:


Off-grid renewable segment was valued at USD 115.6 million and is projected to witness substantial gains over the forecast period on account of growing number of off-grid installations in light of government support, and increasing focus on improving living conditions in rural areas by the private sector, social organizations, and communities working. Moreover, the absence of an efficient grid system in remote villages will fuel growth over the forecast period.

Transportation infrastructure will witness significant rise at a CAGR of 7.5% from 2016 to 2024 in light of the announcement of an infrastructural development plan by the China Ministry of Transport and the National Development and Reform Commission for the development of rails (trackside), roads, marine buoys, aviation beacons and tunnels.

Abundant availability of lead acid battery in various sizes and specifications along with high current level will augment its demand over the upcoming years. Low-cost and easy availability of lead acid batteries for different specifications coupled with excellent properties including low maintenance, durability, low self-discharging, and high discharge rate capability will lead to industry expansion over the next eight years. 100% recyclability and simple extraction process of these batteries will increase industry size over the next eight years.

China stationary lead acid battery market is highly competitive and fragmented in nature with the presence of numerous large and small scale manufacturers. The industry is mainly dominated by key participants including Narada Power Source Co., Ltd., GS Yuasa Corporation, China Shoto, Leoch International Technology Limited and Fengfan Co., Ltd. Ongoing product innovation to produce high-performance and cost-efficient batteries is expected to fuel growth over the forecast period.

Please note: this report requires certain updates. We have all the information available but require 2 working days business days to complete the process and ensure it is as up-to-date as possible.


Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Motive Lead-Acid Battery Market, Forecast to 2024

Global Motive Lead-Acid Battery Market, Forecast to 2024

  • $ 4950
  • Industry report
  • August 2018
  • by Frost & Sullivan

Despite Penetration from Lithium-ion, Lead-acid Battery Will Dominate Deep Cycle ApplicationThe well-established global motive lead acid battery market is expected to witness a CAGR of 4.2% between 2017 ...

United States Lead Acid Battery Market - Competition Forecast & Opportunities, 2013 – 2023

United States Lead Acid Battery Market - Competition Forecast & Opportunities, 2013 – 2023

  • $ 2700
  • Industry report
  • July 2018
  • by TechSci Research

United States Lead Acid Battery Market By Type (SLI, Stationary & Motive/Traction), By Application (Telecommunications, Automotive, UPS/ESS, Electric Vehicles & Others), Competition Forecast & Opportunities, ...

India Lead Acid Battery Market - Competition Forecast & Opportunities, 2013 – 2023

India Lead Acid Battery Market - Competition Forecast & Opportunities, 2013 – 2023

  • $ 2500
  • Industry report
  • June 2018
  • by TechSci Research

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 ...


ref:plp2016

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on