Lead Acid Battery Market Research Report - Forecast To 2027

Lead Acid Battery Market: By Product (Stationary, Motive, SLI), Construction Method (VRLA (valve-regulated lead-acid) and flooded), By End-User (Stationary Industrial, Automotive, Telecommunication, Transportation, Oil & Gas, Electronics and Others) – Forecast till 2027

ID: MRFR/SEM/3619-HCR | February 2021 | Region: Global | 100 Pages         

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Lead Acid Battery Market

5 Industry Overview of Global Lead Acid Battery Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Lead Acid Battery Market by Product

7.1 Introduction

7.1.1 Stationary

7.1.2 Motive

7.1.3 SLI (Starting, Lighting, Ignition)

7.1.4 Market Estimates & Forecast, 2020-2027

7.1.5 Market Estimates & Forecast by Region, 2020-2027

8. Global Lead Acid Battery Market by Construction Method

8.1 Introduction

8.2 VRLA (valve-regulated lead-acid)

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Flooded

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Lead Acid Battery Market by End-User

9.1 Introduction

9.2 Stationary Industrial

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Region, 2020-2027

9.3 Telecommunication

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Region, 2020-2027

9.4 Residential

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Region, 2020-2027

9.5 Commercial

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Region, 2020-2027

9.6 Automotive

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast by Region, 2020-2027

9.7 Transportation

9.7.1 Market Estimates & Forecast, 2020-2027

9.7.2 Market Estimates & Forecast by Region, 2020-2027

9.8 Others

9.8.1 Market Estimates & Forecast, 2020-2027

9.8.2 Market Estimates & Forecast by Region, 2020-2027

10. Global Lead Acid Battery Market by Region

10.1 Introduction

10.2 North America

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast by Product, 2020-2027

10.2.3 Market Estimates & Forecast by End-User, 2020-2027

10.2.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.2.5 U.S.A

10.2.5.1 Market Estimates & Forecast, 2020-2027

10.2.5.2 Market Estimates & Forecast by Product, 2020-2027

10.2.5.3 Market Estimates & Forecast by End-User, 2020-2027

10.2.5.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.2.6 Mexico

10.2.6.1 Market Estimates & Forecast, 2020-2027

10.2.6.2 Market Estimates & Forecast by Product, 2020-2027

10.2.6.3 Market Estimates & Forecast by End-User, 2020-2027

10.2.6.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.2.7 Canada

10.2.7.1 Market Estimates & Forecast, 2020-2027

10.2.7.2Market Estimates & Forecast by Product, 2020-2027

10.2.7.3 Market Estimates & Forecast by End-User, 2020-2027

10.2.7.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.3 Europe

10.3.1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast by Product, 2020-2027

10.3.3 Market Estimates & Forecast by End-User, 2020-2027

10.3.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.3.5 Germany

10.3.5.1 Market Estimates & Forecast, 2020-2027

10.3.5.2 Market Estimates & Forecast by Product, 2020-2027

10.3.5.3 Market Estimates & Forecast by End-User, 2020-2027

10.3.5.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.3.6. France

10.3.6.1 Market Estimates & Forecast, 2020-2027

10.3.6.2 Market Estimates & Forecast by Product, 2020-2027

10.3.6.3 Market Estimates & Forecast by End-User, 2020-2027

10.3.6.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.3.7 Italy

10.3.7.1 Market Estimates & Forecast, 2020-2027

10.3.7.2 Market Estimates & Forecast by Product, 2020-2027

10.3.7.3 Market Estimates & Forecast by End-User, 2020-2027

10.3.7.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.3.8 Spain

10.3.8.1 Market Estimates & Forecast, 2020-2027

10.3.8.2 Market Estimates & Forecast by Product, 2020-2027

10.3.8.3 Market Estimates & Forecast by End-User, 2020-2027

10.3.8.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.3.9 U.K

10.3.9.1 Market Estimates & Forecast, 2020-2027

10.3.9.2 Market Estimates & Forecast by Product, 2020-2027

10.3.9.3 Market Estimates & Forecast by End-User, 2020-2027

10.3.10.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.4 Asia Pacific

10.4.1 Market Estimates & Forecast, 2020-2027

10.4.2 Market Estimates & Forecast by Product, 2020-2027

10.4.3 Market Estimates & Forecast by End-User, 2020-2027

10.4.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.4.5 China

10.4.5.1 Market Estimates & Forecast, 2020-2027

10.4.5.2 Market Estimates & Forecast by Product, 2020-2027

10.4.5.3 Market Estimates & Forecast by End-User, 2020-2027

10.4.5.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.4.6 India

10.4.6.1 Market Estimates & Forecast, 2020-2027

10.4.6.2 Market Estimates & Forecast by Product, 2020-2027

10.4.6.3 Market Estimates & Forecast by End-User, 2020-2027

10.4.6.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.4.7 Japan

10.4.7.1 Market Estimates & Forecast, 2020-2027

10.4.7.2 Market Estimates & Forecast by Product, 2020-2027

10.4.7.3 Market Estimates & Forecast by End-User, 2020-2027

10.4.7.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.4.8 Rest of Asia Pacific

10.4.8.1 Market Estimates & Forecast, 2020-2027

10.4.8.2 Market Estimates & Forecast by Product, 2020-2027

10.4.8.3 Market Estimates & Forecast by End-User, 2020-2027

10.4.8.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.5 Rest of the World

10.5.1 Market Estimates & Forecast, 2020-2027

10.5.2 Market Estimates & Forecast by Product, 2020-2027

10.5.3 Market Estimates & Forecast by End-User, 2020-2027

10.5.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.6 The Middle East & Africa

10.6.1 Market Estimates & Forecast, 2020-2027

10.6.2 Market Estimates & Forecast by Product, 2020-2027

10.6.3 Market Estimates & Forecast by End-User, 2020-2027

10.6.4 Market Estimates & Forecast by Organization Size, 2020-2027

10.7 Latin America

10.7.1 Market Estimates & Forecast, 2020-2027

10.7.2 Market Estimates & Forecast by Product, 2020-2027

10.7.3 Market Estimates & Forecast by End-User, 2020-2027

10.7.4 Market Estimates & Forecast by Organization Size, 2020-2027

11. Company Profiles

11.1 Johnson Controls (U.S)

11.1.1 Company Overview

11.1.2 Product/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 ATLASBX Co. Ltd. (South Korea)

11.2.1 Company Overview

11.2.2 Product/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Exide Technologies (U.S.)

11.3.1 Company Overview

11.3.2 Product/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 East Penn Manufacturing Co. (U.S.)

11.4.1 Company Overview

11.4.2 Product/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 NorthStar (Sweden)

11.5.1 Company Overview

11.5.2 Product/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Crown Battery Manufacturing (U.S.)

11.6.1 Company Overview

11.6.2 Product/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 C&D Technologies, Inc. (U.S.)

11.7.1 Company Overview

11.7.2 Product/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 GS Yuasa Corp (Japan)

11.8.1 Company Overview

11.8.2 Product/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Narada Power Source Co., Ltd. (China)

11.9.1 Company Overview

11.9.2 Product/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.9 Leoch International Technology Ltd. (China)

11.9.1 Company Overview

11.9.2 Product/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

LIST OF TABLES

Table 1 Global Lead Acid Battery Market: By Region, 2020-2027

Table 2 North America Lead Acid Battery Market: By Country, 2020-2027

Table 3 Europe Lead Acid Battery Market: By Country, 2020-2027

Table 4 Asia-Pacific Lead Acid Battery Market: By Country, 2020-2027

Table 5 Rest of the World Lead Acid Battery Market: By Country, 2020-2027

Table 6 Latin America Lead Acid Battery Market: By Country, 2020-2027

Table 7 Global Lead Acid Battery by Product Market: By Regions, 2020-2027

Table 8 North America Lead Acid Battery by Product Market: By Country, 2020-2027

Table 9 Europe Lead Acid Battery by Product Market: By Country, 2020-2027

Table10 Asia Pacific Lead Acid Battery by Product Market: By Country, 2020-2027

Table11 The Middle East & Africa Lead Acid Battery by Product Market: By Country, 2020-2027

Table12 Latin America Lead Acid Battery by Product Market: By Country, 2020-2027

Table13 Global Lead Acid Battery by End-User Market: By Regions, 2020-2027

Table14 North America Lead Acid Battery by End-User Market: By Country, 2020-2027

Table15 Europe Lead Acid Battery by End-User Market: By Country, 2020-2027

Table16 Asia-Pacific Lead Acid Battery by End-User Market: By Country, 2020-2027

Table17 Rest of the World Lead Acid Battery by End-User Market: By Country, 2020-2027

Table18 Latin America Lead Acid Battery by End-User Market: By Country, 2020-2027

Table19 North America Lead Acid Battery by End-User Market: By Country, 2020-2027

Table20 Europe Lead Acid Battery for End-User Market: By Country, 2020-2027

Table21 Asia-Pacific Lead Acid Battery for End-User Market: By Country, 2020-2027

Table22 Rest of the World Lead Acid Battery for End-User Market: By Country, 2020-2027

Table23 Latin America Lead Acid Battery for End-User Market: By Country, 2020-2027

Table24 Global Product Market: By Region, 2020-2027

Table25 Global Constructive Method Market: By Region, 2020-2027

Table26 Global End-User : By Region, 2020-2027

Table27 North America Lead Acid Battery Market, By Country

Table28 North America Lead Acid Battery Market, By Product

Table29 North America Lead Acid Battery Market, By End-User

Table31 Europe: Lead Acid Battery Market, By Country

Table32 Europe: Lead Acid Battery Market, By Product

Table33 Europe: Lead Acid Battery Market, By End-User

Table36 Asia-Pacific: Lead Acid Battery Market, By Country

Table37 Asia-Pacific: Lead Acid Battery Market, By Product

Table38 Asia-Pacific: Lead Acid Battery Market, By End-User

Table40 Rest of the World : Lead Acid Battery Market, By Country

Table41 Rest of the World :Lead Acid Battery Market, By Product

Table42 Rest of the World :Lead Acid Battery Market, By End-User

Table44 Latin America: Lead Acid Battery Market, By Country

Table45 Latin America : Lead Acid Battery Market, By Product

Table46 Latin America : Lead Acid Battery Market, By End-User

LIST OF FIGURES

FIGURE 1 Global Lead Acid Battery Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Lead Acid Battery Market

FIGURE 4 Value Chain of Global Lead Acid Battery Market

FIGURE 5 Share of Global Lead Acid Battery Market in 2020, by country (in %)

FIGURE 6 Global Lead Acid Battery Market, 2020-2027,

FIGURE 7 Sub segments of Product

FIGURE 8 Global Lead Acid Battery Market size by Product, 2020

FIGURE 9 Share of Global Lead Acid Battery Market by Product, 2020 TO 2027

FIGURE 10 Global Lead Acid Battery Market size by Constructive Method, 2020

FIGURE 11 Share of Global Lead Acid Battery Market by Constructive Method, 2020 TO 2027

FIGURE 12 Global Lead Acid Battery Market size by End-User, 2020

FIGURE 13 Share of Global Lead Acid Battery Market by End-User, 2020 TO 2027

Lead Acid Battery Market

From 2016 to 2023, the lead acid battery market can surge at 8% CAGR and value USD 86 Bn by 2023.

Segmentation

By Product Motive Stationary Sli
By Construction Method Flooded Valve Regulated Lead Acid Or Vrla
By End-User Industrial Commercial Telecommunication Oil And Gas Stationary Residential Automotive
By Intended Audience Consultancy Firms/ Research Firms Original Equipment Manufacturers Chemical Solution Providers

Key Players

  • ATLASBX Co. Ltd. (South Korea)
  • East Penn Manufacturing Co. (U.S.)
  • Exide Technologies (U.S.)
  • and NorthStar (Sweden)

Drivers

  • Rapid Technological Advancements and Expansion in the Telecom Sector
  • Easily Recyclable Compared With Lithium-lon Batteries
  • Cost-Competitive Energy Storage Solution
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Lead Acid Battery Market Overview:


The Lead-Acid Battery can be depicted as the auxiliary battery-powered cell used in trucks and vehicles. The rising Lead Acid Battery Market Statistics is the consequence of this battery being widely used in different power stations and power substations since it offers cost-viability and a more prominent measure of cell voltage.


The growing media transmission area and the roaring data industry need a pocket-accommodating battery stockpiling answer to offer reinforcement power. As per the Lead Acid Battery Market Report, this is thought to be the significant impetus that would drive the tremendous advancement of the Lead Acid Battery market.


Being an energy stockpiling gadget, lead-corrosive batteries are used broadly in energy stockpiling, car, and telecom businesses. The Lead Acid Battery Market Report indicates that these batteries fill various needs like marine, synthetic businesses, utilities, drug enterprises, and assembling ventures. As indicated by the Lead Acid Battery Market Report, the Automotive Lead Acid Battery Market is expected to develop at an 8% CAGR rate over the gauge time frame, for example, from 2021 to 2023.


COVID-19 Analysis:


The sudden surge of the pandemic has widely disrupted the manufacturing and supply chain of various equipments including the hardware segment of various automotive Lead Acid Batteries. Also, the emergence of the pandemic worldwide, followed by various lockdown scenarios, had resulted in a quarter of lag in the Lead Acid Battery Industry’s automotive equipment supply chain.


Market Dynamics:



  • Drivers:


The most significant factors driving the rapid growth of the Automotive Lead Acid Battery Market is the development of passenger car, motorcycle industry, and commercial vehicles. Also, the application of these batteries for energy storage is assumed to drive the growth of the Automotive Lead Acid Battery Market. Moreover, the rising demand for UPS in various industrial sectors like gas and oil, chemical, healthcare, and manufacturing is boosting the growth of the Industrial Lead Acid Battery Market. 


Other factors like the demand for adequate infrastructure for vehicle charging, execution of numerous smart grid projects, rising distance telecom towers, rising utilization of electric and hybrid vehicles, etc are some of the major factors resulting in the growth of the Industrial Lead Acid Battery Market. Also, as the manufacturing of the battery is cost-effective, and the battery offers longevity, therefore these two factors are also presumed to drive the growth of the Industrial Lead Acid Battery Market. 



  • Opportunities:


Huge demand for battery storage is seen in various information centers. Any inconsistency and power disruptions in various data centers can be crucial for them. Thus, the increasing Lead Acid Battery Market Share mostly serves the back power requirements of this specific industry. Moreover, the UPS utilized in all these industries are mainly the Lead Acid Battery systems and Lead Acid Battery Facts. Thus, a prominent amount of this type of battery is utilized in these industries and result in huge Lead Acid Battery Market Growth.


In the upcoming future, a prominent rise in Lead Acid Battery Market Share can be seen for the increasing installation of these batteries in the information centers. With the rising generation of information, the data handling capability is also presumed to rise in the upcoming years. As various data centers utilize lead-acid batteries, the Lead Acid Battery Market Growth is consequently certain to rise. 



  • Restraints:


The Lead-Acid Battery Facts imply that this battery contains a high amount of lead in its content. Therefore, it’s not very environment friendly. This harmful effect of the battery can be a factor that would hinder the growth of the Car-Sealed Lead Acid Battery Market. Also, some other features of these batteries like the low energy density content are expected to restrict the extensive growth of the market. Also, the emergence of various alternative solutions like the lithium-ion battery utilized in various auto-mobile industries is likely to substitute the lead-acid battery and thus can challenge the growth of the Car-Sealed Lead Acid Battery Market. Therefore, the Lead Acid Battery Market Demand can witness a price drop approximately across all worldwide industries. 


Also, the NiMH or Nickel-Metal Hydride batteries are proven to be a mature technology for various hybrid applications. These batteries are preferred by various prominent industries because of their performance, longer lifecycle, and safety in numerous hybrid applications. Also, the Nickel-cadmium battery is another pocket-friendly solution for battery storage users. As these batteries are more effective and cheaper, they can hinder the rise of Lead Acid Battery Market Demand. 


Segment Overview:


The Car-Sealed Lead Acid Battery Market can be segmented based on the construction method, product, intended audience, end-user, and region. 


By Construction Method:


Based on the construction method, the Lead Acid Battery Industry can be segmented into:



  • Flooded

  • Valve-regulated Lead-acid or VRLA 


By Product:


Depending on the product, the types of Lead Acid Battery Industry can be: 



  • Motive

  • Stationary

  • SLI


By End-User:


Based on end-users, the Lead Acid Battery Industry can be classified into the following divisions: 



  • Industrial

  • Commercial

  • Telecommunication

  • Oil and gas 

  • Stationary

  • Residential

  • Automotive

  • Electronics

  • Transportation

  • Others


By Intended Audience:


Depending on the intended audience, the Global Lead Acid Battery Market can be divided into: 



  • Consultancy firms/ Research firms

  • Original Equipment Manufacturers

  • Chemical Solution Providers 

  • Technology investors

  • Technology solution providers 

  • Automotive manufacturers


By Region:


Based on regions, the Global Lead Acid Battery Market can be classified into: 



  • North America (Canada, US, Mexico)

  • Asia Pacific (Japan, South Korea, China, India, Rest of Asia Pacific)

  • Europe (UK, Russia, Germany, Italy, Rest of Europe)

  • Rest of the world (Middle East, UAE, Africa, Saudi Arabia, South America, Brazil, Columbia)


Segment Analysis:


Lead-acid batteries are extensively used across worldwide industries. According to the Lead Acid Battery Market Analysis, this market can be segmented depending on end-users into various divisions such as industrial, residential, commercial, utility, and transportation. According to the Lead Acid Battery Market Analysis, among all these divisions, the transportation segment has dominated the Lead Acid Battery Market Share in 2018 and is assumed to lead the industry in the course of the forecast period. 


The reason behind this major Lead Acid Battery Market Share by the transportation sector is the cost-effectiveness of these batteries. According to Lead Acid Battery Market Analysis, another reason behind the dominance of the transportation sector is that the batteries are very much efficient to get installed in various internal combustion vehicles for serving the SLI applications purpose. The Lead Acid Battery Market Share impacts the particular applications in which the batteries are being utilized and also the type of users that are undergoing the implementation of these batteries. 

Recent Development 


July 2019:


The energy was selected as an Approved Status Vendor for the National PRONTO Association. This empowers Enersys to give its Absorbed Glass Mat (AGM) ODYSSEY batteries to PRONTO stockroom wholesaler individuals.


March 2019:


GS Yuasa opened another auto lead corrosive battery plant in Turkey. The plant will be worked by NCI GS Yuasa Akü Sanayi ve Ticaret Anonim ªirketi ("IGYA"), a value offshoot of the GS Yuasa.


June 2018:


Enersys entered into a four-year concurrence with Navistar to supply ODYSSEY batteries. Under the understanding, Enersys gave ODYSSEY batteries to Original Equipment (OE) and secondary selling swap batteries for all trucks sold by International Truck vendors under the Fleetrite Platinum Plus brand.


June 2018:


Exide Industries obtained the Tudor plant of 64,647 sq. m in Gujarat from Exide Technologies.


May 2018:


GS Yuasa established another organization called Siam GS Battery Myanmar Limited in Myanmar. This auxiliary's essential capacities incorporate deals, appropriation and battery charging for corrosive lead battery stockpiling batteries for car and family power supply.


Regional Analysis:


According to the research, the Asia Pacific region holds the highest share of the Global Lead Acid Battery Market. Because of promising governmental regulations that are encouraging increasing investment from various public-private partnerships, the emerging economies of various developing countries like South Korea, India, China, and the increasing foreign direct investment are assumed to fuel the extension of Lead Acid Battery Market Size. 


Also, the European region is assumed to show a prominent growth in Lead Acid Battery Market Size due to rising numbers of onshore and offshore renewable energy industries in Italy, the U.K., Germany, and Sweden. Moreover, according to the Lead Acid Battery Market Expert, the rising disposable income of the population and the growth in population in this particular region is expected to boost the demand for passenger cars and thereby helping in the growth of Lead Acid Battery Market Size. 


Report Overview:


The Lead Acid Battery Market Forecast offers an in-depth analysis of Lead Acid Battery Market Growth along with the latest and future Lead Acid Market trends. This report focuses on the major drivers that would facilitate the Lead Acid Battery Market Growth, the restraints of the market, and the opportunities one can avail of by holding a prominent Lead Acid Battery Market Share. Along with this, the Lead Acid Battery Market Forecast helps analyzing the potential of suppliers and buyers and also the competitive approach of each of the global Lead Acid Battery Market Expert for appropriate strategy building. 


Also, according to the Lead Acid Battery Market Expert, the worldwide Lead Acid Battery Market Forecast covers significant factors that can impact the worldwide market growth including the opportunity, restraints, and growth factors. The qualitative information present in the Lead Acid Battery Market Forecast aims at market developments, market dynamics, market trends, and Lead Acid Battery Facts. 


Scope of Report and Segmentation Table:



  • Base year – 2017

  • Forecast period – 2017-2023

  • Historical data – 2017 



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Frequently Asked Questions (FAQ) :

From 2016 to 2023, the lead acid battery market can surge at 8% CAGR and value USD 86 Bn by 2023.

ATLASBX Co. Ltd. (South Korea), East Penn Manufacturing Co. (U.S.), Exide Technologies (U.S.), and NorthStar (Sweden) are some reputed developers of lead acid battery.

SLI, stationary, and motive are lead acid battery products.

Automobile, telecommunication, and oil and gas largely deploy lead acid batteries.

The automobile industry in APAC experience exponential expansion. Hence, this can cause the APAC lead acid battery market to soar.