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Lead Acid Battery Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Lead Acid Battery Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

  • August 2018
  • 100 pages
  • ID: 5566876
  • Format: PDF
  • By Infinium

Summary

Table of Contents

The report on global lead acid battery market provides qualitative and quantitative analysis for the period of 2016 to 2024.

The report predicts the global lead acid battery market to grow with a CAGR of 5% over the forecast period of 2018-2024. The study on lead acid battery market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
The rapidly growing energy storage applications are driving the growth of the lead acid battery market. The energy storage application is an integral part of the portable devices, consumer electronics, and the automotive sectors. The UPS is vastly used in the various industries such as manufacturing, healthcare, oil & gas and Chemicals, which in turn, to boost the growth of the lead acid battery market. The lead acid batteries offer reliable performance at less-cost that contributes to the growth of the lead acid battery market. However, increasing demand of alternate energy storage batteries such as a lithium-ion battery is hampering the growth of the lead acid battery market.
Moreover, the rapidly developing automobile industry in the countries such as India, Vietnam, Mexico and in several other countries are leading towards the vast demand for lead-acid batteries in this regions. The adoption of pollution-free electric vehicles across the globe are projected to create several opportunities for the companies working in the lead-acid battery market in upcoming years.
Geographically, the Asia Pacific region holds the maximum market share in the lead-acid battery market owing to the growing applications of lead-acid batteries in construction, automotive and the various manufacturing industries. In addition, favorable government regulation and rapidly growing demand for industrialization are also contributing to the growth of the lead acid battery market in this region.

The report on lead acid battery market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global lead acid battery market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.
Porter’s five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global lead acid battery market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology

A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers

Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global lead acid battery market is segmented on the basis of type and application .

Global Lead Acid Battery Market by Type
- Sealed
• AGM
• Gel
- Flooded
Global Lead Acid Battery Market by Application
- Uninterruptible Power Supplies (UPSs)
- Automobile
- Hybrid Vehicles
- Telecommunication
- Others

Company Profiles
- EXIDE INDUSTRIES LTD.
- JOHNSON CONTROLS INTERNATIONAL PLC
- EnerSys,
- GS Yuasa Corporation.
- First National Battery
- NorthStar
- HBL Power Systems Limited,
- FIAMM Energy Technology S.p.A.,
- C&D Technologies, Inc.
- Trojan battery Company

How this report delivers?
1. Comprehensive analysis of global as well as regional markets of lead acid battery market.
2. Complete coverage of all the segments in lead acid battery market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global lead acid battery market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

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