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Global Lead Acid Market Growth 2023-2029

Global Lead Acid Market Growth 2023-2029

Product Code:454173

Published Date: Feb 08,2023

Pages: 125

Region: Global

Category: Energy & Power

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The lead–acid battery was invented in 1859 by French physicist Gaston Planté and is the oldest type of rechargeable battery. Despite having a very low energy-to-weight ratio and a low energy-to-volume ratio, its ability to supply high surge currents means that the cells have a relatively large power-to-weight ratio. These features, along with their low cost, make it attractive for use in many fields, like motor vehicles, motorcycle, transport vehicles, electrical bicycle, telecom industry, solar energy industry etc.

LPI (LP Information)' newest research report, the “Lead Acid Industry Forecast” looks at past sales and reviews total world Lead Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Lead Acid sales for 2023 through 2029. With Lead Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lead Acid industry.

This Insight Report provides a comprehensive analysis of the global Lead Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lead Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lead Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lead Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lead Acid.

The global Lead Acid market size is projected to grow from US$ 37980 million in 2022 to US$ 51190 million in 2029; it is expected to grow at a CAGR of 51190 from 2023 to 2029.

Global Lead Acid key players include Johnson Controls INC, Chaowei Power, Tianneng Power, Exide Technologies, GS Yuasa, etc. Global top five manufacturers hold a share over 40%.

China is the largest market, with a share over 40%, followed by US and EU, both have a share over 35%. 
In terms of product, Starter Battery is the largest segment, with a share over 40%. And in terms of application, the largest application is Automobile, followed by Electrical Bicycle, UPS, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Lead Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Starter Battery
    Motive Power Battery
    Stationary Batteries

Segmentation by application
    Automobile
    Motorcycle
    Electrical Bicycle
    UPS
    Transport Vehicles
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Johnson Controls INC
    Exide Technologies
    GS Yuasa
    EnerSys
    CSB Battery
    SEBANG GLOBAL BATTERY
    East Penn Manufacturing
    Fiamm
    Panasonic Battery
    NorthStar
    ACDelco
    Trojan Battery Company
    Haze Batteries Inc
    First National Battery
    Amara Raja
    C&D Technologies
    Midac Power
    Mutlu Batteries
    Banner Batterien
    Chaowei Power
    Tianneng Power
    Camel Group
    Leoch Battery
    Shoto Group
    Fengfan
    Narada Power Source
    Vision Group
    Sacred Sun Power Source
    Jujiang Power Technology
    Guangyu International

Key Questions Addressed in this Report
What is the 10-year outlook for the global Lead Acid market?
What factors are driving Lead Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lead Acid market opportunities vary by end market size?
How does Lead Acid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?