Lead Acid Battery Market
Lead Acid Battery Market - Global Industry Assessment & Forecast
#
Pages:
173
2022
Feb - 2022
VMR-1240
Segments Covered
By
Technology Basic Lead Acid Battery, Advanced Lead Acid battery
-
By
Type Stationary, Motive
-
By
Construction Method Flooded, Valve Regulated Lead Acid (VRLA)
-
By
End-user Utility, Transportation, Industrial, Commercial & Residential
-
By
Region North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 27.82 Billion |
 Revenue 2030:
|
USD 47.80 Billion |
 Revenue CAGR
(2023 - 2030): |
7.00% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Lead Acid Battery Market by Technology by Type by Construction Method by End-user by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Lead Acid Battery supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Lead Acid Battery market size at regional and country level
- Understanding market developments, future growth prospects, and upcoming challenges
- Overview of the Lead Acid Battery supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
The information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end-use industry, and estimate future trends within the market. After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Lead Acid Battery market.
Vantage Market
Research | 30-Jan-2022
FAQ
Frequently Asked Question
What is the global demand for Lead Acid Battery in terms of revenue?
-
The global Lead Acid Battery valued at USD 27.82 Billion in 2022 and is expected to reach USD 47.80 Billion in 2030 growing at a CAGR of 7.00%.
Which are the prominent players in the market?
-
The prominent players in the market are Harbin Coslight Power (China), Exide Industries (India), EnerSys (US), Clarios (US), GS Yuasa (China), Panasonic (Japan), Narada Power (China), Chaowei Power (China), HBL Power Systems (India), NorthStar (Sweden), Crown Battery (US), Exide Technologies (US), Hitachi Chemical (Japan), East Penn (US), Teledyne Technologies (US), HOPPECKE (Germany), Hankook AltasBX (Korea), Rolls Battery (Canada), C&D Technologies (US), Amara Raja Power System (India), Camel Power (Malaysia), Okaya Power (India), XUPAI Battery (China), and Leoch International Technology (Hong Kong)..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.00% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Lead Acid Battery include
- Better Safety and Higher Cost-effectiveness
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Lead Acid Battery in 2022.
