Lead-acid Battery Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2022


Global Lead-acid Battery Market is expected to grow considerably in the forecast period owing to the increasing use of Lead-acid batteries in automobiles and UPS (uninterruptible power supply). Lead-acid batteries are the most common large-capacity rechargeable batteries capable of using lead peroxide and sponge lead for converting chemical energy into electrical power. Lead-acid batteries are extensively used in substations and power stations since they hold higher cell voltage and are cost-effective. These batteries are popular because of features like dependability and inexpensiveness on a cost-per-watt-base.

Lead-acid batteries have a moderate life span and have the best charge retention among rechargeable batteries. They work well at cold temperatures and are superior to lithium-ion while operating in sub-zero conditions. Lead-acid batteries are divided into two major classes, vented Lead-acid batteries (spillable) and valve regulated Lead-acid (VRLA) batteries (non-spillable or sealed).

Lead-acid batteries are majorly used in passenger cars, motorcycles, trucks, UPS and solar power storage. The demand for passenger vehicles has considerably increased in the recent years and will continue to rise in future as well. This in turn will surge the demand for Lead-acid batteries and boost the Lead-acid battery market.

View Full Report with TOC @ https://www.millioninsights.com/industry-reports/lead-acid-battery-market-forecast

Manufacturing and automobile sectors are witnessing momentous growth with the use of Lead-acid batteries, which drive the demand for stationary batteries for power backup and for deep-cycle batteries for wheeled mobility like wheelchairs, golf cars and scissor lifts. However, illegal and improper disposal of Lead-acid batteries causes environmental pollution due to high lead content. Manufacturing process improvements in recycling of Lead-acid batteries bring opportunities to lower adverse impact on the environment.

Conversely, strict emissions standards and inclination towards lithium-ion batteries evident hindrances for the growth of Lead-acid battery market. However, the growing demand from the telecommunication segment is anticipated to bring lucrative opportunities in Lead-acid battery market. The market is categorized on the basis of product, construction method, application, and geography. On the basis of products, market is divided into stationary, motive and SLI. Based on construction method, market is divided into flooded, VRLA.

Based on application, Lead-acid battery market is divided into motive industrial, stationary industrial, residential, commercial, automotive, telecommunication, transport vehicles, electric bikes, grid storage, UPS, other applications. Geographically, the market is segmented as North America, Europe, Asia Pacific, and Middle East & Africa. Owing to the speedy industrialization, Asia Pacific is predicted to register larger share market in the forecast period.

The prominent players in Lead-acid battery market comprise Exide Technologies, ATLASBX Co., Ltd., B.B. Battery Co., Ltd., C&D Technologies, Inc., Chloride Batteries S E Asia Pte. Ltd., Crown Battery, Leoch International Technology Ltd., CSB Battery Co., Ltd., Johnson Controls, East Penn Manufacturing, Nipress, NorthStar, Panasonic Corporation, Zibo Torch Energy Co., Ltd., EnerSys, and Fujian Quanzhou Dahua Battery Co., Ltd.

Market Segment:

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Global Lead-acid Battery Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• East Penn Manufacturing
• EnerSys
• Exide Technologies
• HOPPECKE Batteries
• Johnson Controls
• Trojan Battery

Request Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/lead-acid-battery-market-forecast/request-sample



Location: Unnamed Road, 77776 Bad Rippoldsau-Schapbach, Germany

Comments

Post a Comment

Popular posts from this blog

Gardening Equipment Market Scope, Demands, Technological Development and Competitive Insights to 2025

24 th January 2022 – Global Gardening Equipment Market is anticipated to witness exponential growth in the forecast period. The factors that propel the growth of the gardening equipment market include increasing annual incomes, changing consumer lifestyle, increase in backyard cooking, expansion of modern homes and usage of gardens for hosting parties. On the other hand, there are factors that may hamper the growth of the market including disturbances in retail market for garden products and unfavorable natural calamities. Gardening equipment industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. Gardening equipment industry may be explored by type, end user, and geography. The market may be explored by type as Hand Tools; which may be further explored as Weeder, Paving Weeder, Fishtail Weeder, Cape Cod Weeder, Shears & Snips, Hoe and Others, Water management Equipment, Tri...
Read more

Squalene Industry In-depth Analysis and Forecast Report, 2030

  The global squalene market was valued at approximately USD 149.4 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2030. A significant driver of this growth is the increasing use of natural ingredients within the personal care and cosmetics industry. Squalene’s transparency, low odor, and moisturizing properties make it highly valued as an emollient. Due to its non-toxic nature, squalene is one of the most widely used ingredients in personal care products. Additionally, squalene oil is utilized in cosmetics to neutralize free radicals that can damage skin and contribute to aging. In cosmetics and personal care, squalene serves as a moisturizing and cleansing agent in a variety of products, including lotions, hair conditioners, bath oils, lipsticks, creams, and foundations. The demand for natural and organic ingredients is increasing, which positively impacts the squalene market. Beyond cosmetics, the rising demand ...
Read more

Thrust Vector Control System (TVC) Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2025

Image
11 th September 2018 - Global Thrust Vector Control System (TVC) Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. The factors that propel the growth of the market include increasing demand, rapid urbanization & industrialization, and product development & technological innovations. On the other hand, there are also factors that may hamper the growth of the Thrust Vector Control System (TVC) Industry such as high cost associated with R&D. TVC Market is classified on the basis of product type, applications, end user distribution channel and geography. Thrust Vector Control System (TVC) Market is segmented by product type as Thrust Vector Actuation System, Thrust Vector Injection System and Thrust Vector Thruster System. Thrust TVC Industry is classified on applications as Fighter Aircraft, Launch Vehicles, Missiles, Satellites, and others. The market is categorized by end us...
Read more