Global Lead Acid Battery Size Analysis, 2019-2028

REPORT ID: BR1073Domain: Chemicals MaterialsPublished Date: August 2019
Pages: 277+Format: PDF

Global lead acid battery market size is estimated to be valued at US$ 43.1 Bn in 2019 and is expected to register a moderate CAGR during the forecast period. In addition, the global lead acid battery sale is expected to be above 400 thousand MWh. This is primarily due to steady growth of automobile and its aftermarket sales, increasing number of solar-based energy storage systems in developing region, and growth in the telecom industry.

Major application for lead acid batteries are passenger cars and commercial vehicles. In 2019, the automotive segment is estimated to account for over 60% revenue share of the global lead acid battery market.

Global Lead Acid Battery Market, by Product Type:

In 2019, the flooded LAB segment dominates the global lead acid battery market with over 55% market share as it is primarily used in automotive sector. In addition, the flooded LAB is also widely used in industrial trucks and golf carts primarily due to low cost. However, AGM and VRLAB segments is expected to register significant CAGR during the forecast period due to its enhanced performance.

Global Lead Acid Battery Market Key Developments, Insights, and Trends:

Various players in the ecosystem focus on introducing new products through research and development activities and acquisitions

  • In April 2019, Indian Oil Corporation announced plans to licence its proprietary technology to battery manufacturers in order to enhance lead acid battery capabilities. This technology will enhance the lead acid battery life by 30% and shorten charging time by 40%. 
  • In May 2019, Generac Holdings, a US-based power solution manufacturer, acquired Pika Energy, a US-based home energy storage solution provider and battery manufacturer, in order to compliment is product offerings

Global Lead Acid Battery Market, by Region:

Among all the regions, Asia Pacific lead acid battery market currently dominates the global market, accounting for over 35% market share in 2019. This is primarily due to the steady demand for automobiles, increasing adoption of UPS for industrial and telecom sectors and increasing number of energy-grid projects for alternative energy sources such as Wind, Solar, etc. China is the largest producer and exporter of lead acid batteries globally driven by increasing manufacturing output, favourable government regulations, and increasing consumer spending in the country.

The market in Europe is estimated to account for the second highest revenue share of over 26% in 2019. Increasing investments in green transportation, stringent environmental regulations and increasing number of solar projects are expected to drive the growth of the market in the region

Global Lead Acid Battery Market Size and Forecast: Competition Landscape

Key players in the market focus on product development and enhancing its AGM and VRLAB solutions portfolio. In addition, key local players focus on offering robust solutions for the energy storage market due to increasing investment by the government in green technologies across the globe.

Some key lead acid battery market players are:

  • Johnson Controls International plc
  • Exide Technologies
  • Yokohama Industries Berhad
  • GS Yuasa Corporation
  • EnergySys Limited
  • Fujian Quanzhou Dahua Battery Co. Ltd.
  • B. Battery Co. Ltd.
  • Hitachi Chemical Energy Technology Co. Ltd.
  • C&D Technologies Inc.
  • ATLASBX Co. Ltd.
  • Amara Raja Corporation
  • AC Delco Corporation
  • First National Battery Corporation

Research Scope:

By Product Type:

  • Flooded LAB
  • AGM
  • Valve-regulated LAB

By Technology Type:

  • Stationary
  • Motive
  • Start, Lighting, and Ignition (SLI)

By Application:

  • Automotive
  • Energy and Utilities
  • Telecommunication
  • Construction
  • Others

What Will You Discover in the Report?

  • An in-depth analysis of the lead acid battery market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the lead acid battery market revenue is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the lead acid battery market in near future
  • Which current and upcoming technologies will shape up the lead acid battery market?
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the lead acid battery industry during the forecast period
  • Who are the lead acid battery industry leaders and what are the key initiatives taken by them for long term growth?
  • Industry exclusive use cases

Who will benefit from the Report?

  • Battery Raw Material Supplier
  • Battery Manufacturer
  • Battery End-user OEMs
  • Consultants and Analysts
  • Researchers

Analyst access with Bekryl Market Analysts

Purchasing of global lead acid battery market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

Lead Acid Battery Market Research Scope

  1. Report Structure
  2. Executive Summary
  3. Research Methodology
  4. Lead Acid Battery Market
    • Market Outlook and Forecast
    • Growth Forecast Analysis Scenario
    • Battery Market Outlook (Parent Market)
    • Manufacturing Spending Analysis
    • Value Chain Analysis
    • Tier Down Cost Analysis
  5. Global Lead Acid Battery Market Overview
    • Global Lead Acid Battery Market Size, 2018-2028
    • Growth Analysis, 2019-2028 (%)
    • Key Industry Players
  6. Lead Acid Battery Market Dynamics
    • Market Drivers
      • Demand Side Drivers
      • Supply Side Drivers
      • Macroeconomic Drivers
    • Market Challenges
    • Industry Trends
    • Market Opportunities
    • Marketed Details
    • Porters Analysis
    • PESTLE Analysis
    • Market Investment Proposition
    • Key Developments and Mergers and Acquisitions
  7. Lead Acid Battery Pricing Dynamics
    • Pricing Trends
    • Regional Trends
  8. Lead Acid Battery Market, By Product
    • Introduction and Key Trends
    • Market Share Analysis, 2019 and 2028, (%)
    • Flooded Lead Acid Battery
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • AGM
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • Value Regulated LAB
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
  1. Lead Acid Battery Market, By Technology Type
    • Introduction and Key Trends
    • Market Share Analysis, 2019 and 2028, (%)
    • Stationary
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • Motive
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • Start, Lighting, and Ignition (SLI)
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
  1. Lead Acid Battery Market, By Application
    • Introduction and Key Trends
    • Market Share Analysis, 2019 and 2028, (%)
    • Automotive
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • Telecommunication
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • Construction
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • Energy and Utilities
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
    • Others
      • Market Value Forecast, 2018-2028, (US$ Million)
      • Y-o-Y Growth Analysis, 2019-2028, (%)
      • Incremental Revenue Opportunity, 2019-2028
  1. Lead Acid Battery Market, By Region
    • Introduction
    • Regional Trends
    • Regional Market Share Analysis, 2019 and 2028, (%)
    • Industry Value Proposition Analysis
    • Comparative Ranking Analysis, By Segments
    • Key Developments
    • Market Attractiveness Analysis
  2. North America Lead Acid Battery Market Size and Share Analysis, 2018-2028
    • Introduction
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Product
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Technology
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Application
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Country
      • United States
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • United States Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • Canada
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Canada Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
  1. Western Europe Lead Acid Battery Market Size and Share Analysis, 2018-2028
    • Introduction
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Product
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Technology
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Application
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Country
      • Germany
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Germany Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • United Kingdom
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • United Kingdom Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • France
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • France Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • Italy
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Italy Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • BENELUX
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • BENELUX Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • NORDIC
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • NORDIC Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • Rest of Western Europe
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Rest of Western Europe Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
  1. Central and Eastern Europe (CEE) Lead Acid Battery Market Size and Share Analysis, 2018-2028
    • Introduction
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Product
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Technology
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Application
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Country
      • Russia
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Russia Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • Poland
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Poland Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • Ukraine
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Ukraine Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • Rest of CEE
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Rest of CEE Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
  1. Asia Pacific Lead Acid Battery Market Size and Share Analysis, 2018-2028
    • Introduction
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Product
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Technology
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Application
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Country
      • China
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • China Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • India
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • India Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • Japan
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Japan Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • ASEAN
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • ASEAN Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • Australia and New Zealand (ANZ)
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • ANZ Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • South Korea
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • South Korea Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • Rest of Asia Pacific
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Rest of Asia Pacific Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
  1. Latin America Lead Acid Battery Market Size and Share Analysis, 2018-2028
    • Introduction
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Product
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Technology
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Application
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Country
      • Brazil
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Brazil Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • Mexico
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Mexico Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • Argentina
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Argentina Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • Rest of Latin America
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Rest of Latin America Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
  1. Middle East Lead Acid Battery Market Size and Share Analysis, 2018-2028
    • Introduction
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Product
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Technology
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Application
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Country
      • GCC
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • GCC Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • Rest of Middle East
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Rest of Middle East Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
  1. Africa Lead Acid Battery Market Size and Share Analysis, 2018-2028
    • Introduction
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Product
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Technology
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Application
    • Market Value (US$ Million) Forecast and Y-o-Y Growth (%), By Country
      • South Africa
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • South Africa Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • Central Africa
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • Central Africa East Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
      • North Africa
        • Market Size (US$ Million) Forecast and Y-o-Y Growth (%), 2018-2028
        • North Africa Lead Acid Battery Market Analysis, Across Segments (By Product, By Application, By Technology)
  1. Company Landscape: Lead Acid Battery Industry
    • Competition Dashboard
    • Company Market Positioning, 2018
    • Key Industry Players Across Regions
    • Distribution Channel Matrix
    • Company Profiles
      • Johnson Controls International plc
        • Company Overview
        • Regional Presence Assessment
        • Key Offerings
        • Key Developments
        • Business Strategy
          • Product Level Strategy
          • Go-to-Market Level Strategy
          • Regional Level Strategy
          • SWOT Analysis
        • Exide Technologies
        • Yokohama Industries Berhad
        • GS Yuasa Corporation
        • EnergySys Limited
        • Fujian Quanzhou Dahua Battery Co. Ltd.
        • B. Battery Co. Ltd.
        • Hitachi Chemical Energy Technology Co. Ltd.
        • C&D Technologies Inc.
        • ATLASBX Co. Ltd.
        • Amara Raja Corporation
        • AC Delco Corporation
        • First National Battery Corporation
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