Lead Acid Battery Market Size, Trends, Opportunities, Innovations & Forecast till 2024

A new market research report on the Global Lead Acid Battery market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global Lead Acid Battery market. The Global Lead Acid Battery  analysis is broken down on different segmentation levels including Market By Type, By Application.

Invented in 1859, Lead Acid Batteries are composed of a Lead-dioxide cathode, a sponge metallic Lead anode, and a Sulphuric acid solution electrolyte. The Lead Acid battery uses sponge lead and lead peroxide for the conversion of the chemical energy into electrical power. The lead-acid battery is most commonly used in the power stations and substations because it has higher cell voltage and lower cost. Lead Acid batteries are commonly used in vehicles, traffic signals, marine batteries, and others.

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 The lead acid batteries these days are mainly used in electric vehicles and UPS. Most of the world's lead-acid batteries are automobile starting, lighting and ignition (SLI) batteries, owing to their light weight and low cost. With strong production and sales of vehicles is a major growth drive factor for the global lead-acid battery market. For instance, world vehicle sales reached 95.6 million units in 2018, according to OICA (International Organization of Motor Vehicle Manufacturers). Additionally, these lead-acid batteries are also found in large backup power supplies for telephone and computer centers, grid energy storage, and off-grid household electric power systems.

With a rising demand for electric vehicles and the application of lead-acid batteries in EVs, it is expected that the market for lead-acid batteries will thrive at an exponential rate in the coming years. Commercial and residential applications of a lead-acid battery are rising owing to increasing marine activities and recreational boats are giving a trending opportunity for boats, which, in turn, is increasing the demand for the lead-acid battery. Also, advancing awareness among the population to reduce the reliance on fossil fuels in order to limit population and resource conservation, is likely to bolster the growth of the market in the coming years.

However, the presence of alternative technologies such as lithium-ion batteries is a major barrier in the growth of the lead acid battery market. Lithium-ion based batteries are far better than lead-acid batteries in terms of performance, still, the lead-acid battery market was surviving satisfactorily in recent years owing to the low cost of lead acid batteries. Since the price of lithium-ion batteries is falling, this falling cost of lithium batteries is expected to restrain the growth of global lead-acid battery market in the coming years.

Segmentation
The research offers a comprehensive analysis of the lead acid battery market with respect to the following sub-markets:

By Type
- Flooded Lead Acid Battery
- AGM Lead Acid Battery
- Gel Lead Acid Battery
- Others

By Application
- Residential
- Commercial
- Industrial
- Automotive & Transportation Industry
- Grid Storage
- Telecommunications
- Railway
- Others

By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of the Middle East & Africa)

Competitive Landscape
The report profiles various major market players such as;

- Johnson Controls International Plc
- Exide Technologies
- GS Yuasa Corporation
- Enersys
- Yokohama
- Okaya Power Pvt. Ltd.
- Fujian Quanzhou Dahua Battery Co., Ltd
- East Penn Manufacturing
- Leoch Battery Inc.
- Panasonic Corporation
- Other Major & Niche Key Players

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Table of Content

Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Lead Acid Battery Market
3. Lead Acid Battery Market Trends
4. Opportunities in Global Lead Acid Battery Market
5. Recent Industry Activities, 2018
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Lead Acid Battery Market Size (USD Million), Growth Analysis and Forecast, (2018-2024)

9. Global Lead Acid Battery Market Segmentation Analysis, By Type
9.1. Introduction
9.2. Market Attractiveness, By Type
9.3. BPS Analysis, By Type
9.4. Flooded Lead Acid Battery Market Size & Forecast (USD Million), 2018-2024
9.5. AGM Lead Acid Battery Market Size & Forecast (USD Million), 2018-2024
9.6. Gel Lead Acid Battery Market Size & Forecast (USD Million), 2018-2024
9.7. Others Market Size & Forecast (USD Million), 2018-2024

10. Global Lead Acid Battery Market Segmentation Analysis, By Application
10.1. Introduction
10.2. Market Attractiveness, By Application
10.3. BPS Analysis, By Application
10.4. Residential Market Size & Forecast (USD Million), 2018-2024
10.5. Commercial Market Size & Forecast (USD Million), 2018-2024
10.6. Industrial Market Size & Forecast (USD Million), 2018-2024
10.7. Automotive & Transportation Industry Market Size & Forecast (USD Million), 2018-2024
10.8. Grid Storage Market Size & Forecast (USD Million), 2018-2024
10.9. Telecommunications Market Size & Forecast (USD Million), 2018-2024
10.10. Railway Market Size & Forecast (USD Million), 2018-2024
10.11. Others Market Size & Forecast (USD Million), 2018-2024

11. Geographical Analysis
11.1. Introduction
11.2. North America Market Size (USD Million), 2018-2024
11.2.1. By Type
11.2.1.1. Introduction
11.2.1.2. Market Attractiveness, By Type
11.2.1.3. BPS Analysis, By Type
11.2.1.4. Flooded Lead Acid Battery Market Size & Forecast (USD Million), 2018-2024
11.2.1.5. AGM Lead Acid Battery Market Size & Forecast (USD Million), 2018-2024
11.2.1.6. Gel Lead Acid Battery Market Size & Forecast (USD Million), 2018-2024
11.2.1.7. Others Market Size & Forecast (USD Million), 2018-2024
11.2.2. By Application
11.2.2.1. Introduction
11.2.2.2. Market Attractiveness, By Application
11.2.2.3. BPS Analysis, By Application
11.2.2.4. Residential Market Size & Forecast (USD Million), 2018-2024
11.2.2.5. Commercial Market Size & Forecast (USD Million), 2018-2024
11.2.2.6. Industrial Market Size & Forecast (USD Million), 2018-2024
11.2.2.7. Automotive & Transportation Industry Market Size & Forecast (USD Million), 2018-2024
11.2.2.8. Grid Storage Market Size & Forecast (USD Million), 2018-2024
11.2.2.9. Telecommunications Market Size & Forecast (USD Million), 2018-2024
11.2.2.10. Railway Market Size & Forecast (USD Million), 2018-2024
11.2.2.11. Others Market Size & Forecast (USD Million), 2018-2024
11.2.3. By Country
11.2.3.1. Market Attractiveness, By End-user
11.2.3.2. BPS Analysis, By End-User
11.2.3.3. U.S. Market Size (USD Million), 2018-2024
11.2.3.4. Canada Market Size (USD Million), 2018-2024

11.3. Europe Market Size (USD Million), 2018-2024
11.3.1. By Type
11.3.1.1. Introduction
11.3.1.2. Market Attractiveness, By Type
11.3.1.3. BPS Analysis, By Type
11.3.1.4. Flooded Lead Acid Battery Market Size & Forecast (USD Million), 2018-2024
11.3.1.5. AGM Lead Acid Battery Market Size & Forecast (USD Million), 2018-2024
11.3.1.6. Gel Lead Acid Battery Market Size & Forecast (USD Million), 2018-2024
11.3.1.7. Others Market Size & Forecast (USD Million), 2018-2024
11.3.2. By Application
11.3.2.1. Introduction
11.3.2.2. Market Attractiveness, By Application
11.3.2.3. BPS Analysis, By Application
11.3.2.4. Residential Market Size & Forecast (USD Million), 2018-2024
11.3.2.5. Commercial Market Size & Forecast (USD Million), 2018-2024
11.3.2.6. Industrial Market Size & Forecast (USD Million), 2018-2024
11.3.2.7. Automotive & Transportation Industry Market Size & Forecast (USD Million), 2018-2024
11.3.2.8. Grid Storage Market Size & Forecast (USD Million), 2018-2024
11.3.2.9. Telecommunications Market Size & Forecast (USD Million), 2018-2024
11.3.2.10. Railway Market Size & Forecast (USD Million), 2018-2024
11.3.2.11. Others Market Size & Forecast (USD Million), 2018-2024
11.3.3. By Country
11.3.3.1. Market Attractiveness, By Country
11.3.3.2. BPS Analysis, By Country
11.3.3.3. Germany Market Size (USD Million), 2018-2024
11.3.3.4. United Kingdom Market Size (USD Million), 2018-2024
11.3.3.5. France Market Size (USD Million), 2018-2024
11.3.3.6. Italy Market Size (USD Million), 2018-2024
11.3.3.7. Spain Market Size (USD Million), 2018-2024
11.3.3.8. Russia Market Size (USD Million), 2018-2024
11.3.3.9. Rest of Europe Market Size (USD Million), 2018-2024

11.4. Asia Pacific Market Size (USD Million), 2018-2024
11.4.1. By Type
11.4.1.1. Introduction
11.4.1.2. Market Attractiveness, By Type
11.4.1.3. BPS Analysis, By Type
11.4.1.4. Flooded Lead Acid Battery Market Size & Forecast (USD Million), 2018-2024
11.4.1.5. AGM Lead Acid Battery Market Size & Forecast (USD Million), 2018-2024
11.4.1.6. Gel Lead Acid Battery Market Size & Forecast (USD Million), 2018-2024
11.4.1.7. Others Market Size & Forecast (USD Million), 2018-2024
11.4.2. By Application
11.4.2.1. Introduction
11.4.2.2. Market Attractiveness, By Application
11.4.2.3. BPS Analysis, By Application
11.4.2.4. Residential Market Size & Forecast (USD Million), 2018-2024
11.4.2.5. Commercial Market Size & Forecast (USD Million), 2018-2024
11.4.2.6. Industrial Market Size & Forecast (USD Million), 2018-2024
11.4.2.7. Automotive & Transportation Industry Market Size & Forecast (USD Million), 2018-2024
11.4.2.8. Grid Storage Market Size & Forecast (USD Million), 2018-2024
11.4.2.9. Telecommunications Market Size & Forecast (USD Million), 2018-2024
11.4.2.10. Railway Market Size & Forecast (USD Million), 2018-2024
11.4.2.11. Others Market Size & Forecast (USD Million), 2018-2024
11.4.3. By Country
11.4.3.1. Market Attractiveness, By Country
11.4.3.2. BPS Analysis, By Country
11.4.3.3. China Market Size (USD Million), 2018-2024
11.4.3.4. India Market Size (USD Million), 2018-2024
11.4.3.5. Japan Market Size (USD Million), 2018-2024
11.4.3.6. South Korea Market Size (USD Million), 2018-2024
11.4.3.7. Indonesia Market Size (USD Million), 2018-2024
11.4.3.8. Taiwan Market Size (USD Million), 2018-2024
11.4.3.9. Australia Market Size (USD Million), 2018-2024
11.4.3.10. New Zealand Market Size (USD Million), 2018-2024
11.4.3.11. Rest of Asia Pacific Market Size (USD Million), 2018-2024

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