Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

At 5.1% CAGR, Lead Acid Battery Market worth $59.97 Billion by 2028 - Exclusive Report by Brandessence Market Research

This image opens in the lightbox

News provided by

Brandessence Market Research and Consulting Private Limited

07 Jul, 2022, 12:30 GMT

Share this article

Share toX

Share this article

Share toX

LONDON, July 7, 2022 /PRNewswire/ -- Lead Acid Battery Market is valued at USD 42.33 Billion in 2021 and is expected to reach USD 59.97 Billion by 2028 with a CAGR of 5.1% over the forecast period. Lead Acid Battery Market Size, Share, And Trends Analysis Report By Construction Method (Flooded, Valve Regulated Sealed Lead-Acid Battery) By Product (SLI, Stationary, Motive) By Sales Channel (OEM, Aftermarket) By Application (Automotive, UPA, Telecom, Others) Based On Region, And Segment Forecasts, 2022 – 2028.

The global lead acid battery market is expected to see a good amount of growth in the coming years and the market is going to grow as there is an excessive adoption of the lead acid batteries in the UPS and automobile segment along with a few developments in the methods of manufacturing. The increase in demand for the product in the off-grid power generation will grow the size of the market.

Get Sample of Report@ https://brandessenceresearch.com/requestSample/PostId/1996 

Lead Acid Battery Market: Competitive Analysis 

The global lead acid battery market companies 2021 include the following major players East Penn Manufacturing Co.; ATLASBX Co. Ltd.; Exide Technologies; Johnson Controls; C&D Technologies, Inc; NorthStar Amara Raja Corporation GS Yuasa Corp.; Narada Power Source Co., Ltd.; Leoch International Technology Ltd and Crown Battery Manufacturing. The global lead acid battery market key players work on the flow of information and exchange of technology through which they can make their product better. Innovation is also going to be at the forefront for all these companies going forward.

  • Furukawa Electric Co
  • Hitachi Chemical Company
  • Narada Power Source Co
  • SiteTel Sweden AB (NorthStar)
  • Clarios
  • Leoch International Technolog
  • Yokohama Batteries Sdn. Bhd.
  • Enersys, Exide Industries Ltd.
  • East Penn Manufacturing Co.
  • Chaowei Power Holdings Limited.
  • Zhangzhou Huawei Power Supply Technology Co
  • B. B. Battery
  • Camel Group Co
  • Shandong Sacred Sun Power Sources Co
  • Others

Lead Acid Battery Market: Key Drivers

The global lead acid battery market growth has been driven by the development in the industry of transportation along with the increase in the energy storage application and is expected to drive the industry demand in the future. The rapid increase in the commercial vehicle, passenger car and motorcycle manufacturing industries is also going to drive the demand for the product. The growth in the demand for UPS in different sectors like the oil and gas, banking, healthcare, and chemicals is driving the demand positively. 

Among the restraining factors in this market is the lead content presence as the battery material and that poses adverse effect on our environment. Further, the decline in cost of the lithium batteries has stalled the demands owing primarily to the advancements in technology offered by the batteries. The continuous reduction in cost is going reinforce more on the lithium-ion in the different markets of energy storage and that is going to restrain the market too. But the advancements in the automotive industries particularly in the emerging countries is going to be expected to come up and create opportunities in this market. 

Increasing demand in the pollution free electric automobiles in addition with the technological advancements is going to be projected to fuel the demand in the coming years. Increase in the vehicle manufacturing in the emerging companies and that has been expected to grow the expansion in the world for this market. There are new technologies which are coming in and are also being shared. Further there are stringent guidelines being imposed that are leading to an increasing growth in the market. 

Lead Acid Battery Market: Key Trends 

The global lead acid battery market trends suggest that the growth in the SLI applications in the automotive industry and the growth in the renewable energy production along with the higher demand for energy storage devices, the expansion of the telecom industry in the countries in the developed and developing countries is leading the development in the coming years. There is greater need for the UPS systems as the power back up which causes an increased adoption of the lead-acid batteries in the form of the cost-competitive energy. Though, the adoption along with the popularity of the lithium-ion batteries hampers the global lead acid battery market size to a great extent.

Get Methodology @ https://brandessenceresearch.com/requestMethodology/PostId/1996 

Recent Developments

News- Birla Carbon Launched Energy Storage Solutions

On November 26th, 2021; The carbon black solutions manufacturer launched its Conductex e and Conductex i variety of products for lithium ion and lead acid battery applications at The Battery Show Europe 2021. With this launch, the company aimed at reaching out to energy storage market businesses in Europe and globally.

Recyclus Opened First Lead-Acid Battery Recycling Plant in England

On January 31st, 2022; Minerals PLF, a London-based Technology company announced that Recyclus Group Ltd., a 49% Technology Minerals-owned company, has started its first lead-acid battery recycling plant in Tipton, England.

Lead Acid Battery Market: Segmentation Analysis 

In terms of segmentation, the flooded lead acid battery sector has been the biggest segment in terms of the construction method in the last few years. They are expected to lose market share now with the higher maintenance costs in addition to the complex construction. Though the increase in demand for the stationary application is going to fuel the growth in the market. Among the leading application segments was the automotive sector in terms of the revenue growth. The extensive usage in the batteries used in automotive manufacturing is going to show the growth as a result of the automotive segment increasing in different emerging nations and the growth in disposable incomes along with the betterment of distribution channels will lead to the growth in the overall market and this segment  Starting, Lighting, and Ignition (SLI) batteries are going to be the largest in terms of revenue even though the demand will lessen in comparison to what it has been over the years. the applications that require high power keep the market influence positive and continue to cause positive amount of growth in the market.  

Lead Acid Battery Market: Regional Analysis 

The global lead acid battery market 2022 will show the greatest growth in the Asia Pacific market with the market share being highest in the coming years. The growth in the construction industry in the emerging economies is going to drive the utilization of the lead acid battery. The rise in the disposable incomes in the countries like India, China and Vietnam is going to see a great amount of growth in the coming years. The Asia pacific segment is also going to be the most lucrative in this market in terms of the growth in the coming year due to the increase in storage batteries in India and China. Moreover, the favourable regulations by government will be encouraging growth with foreign direct investment coming in to the market.

On Special Requirement Lead Acid Battery Market Report is also available for below region: 

North America 

  • U.S, Canada

Europe 

  • Germany, France, U.K., Italy, Spain, Sweden, Netherland, Turkey, Switzerland, Belgium, Rest of Europe

Asia-Pacific 

  • South Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest Of APAC

Latin America 

  • Mexico, Colombia, Brazil, Argentina, Peru, Rest of Latin America

Middle East and Africa 

  • Saudi Arabia, UAE, Egypt, South Africa, Rest Of MEA

Get Full Access of all Report: https://brandessenceresearch.com/battery/lead-acid-battery-market-size

Related Reports:

  • Lithium Ion Battery Materials Market is expected to reach USD 16.14 Billion by 2025 with a CAGR of 15.1% over the forecast period
  • Electric Vehicle Battery Management System Market Size and Forecast to 2025
  • Battery Market is valued at USD 22.26 Billion by 2027 with the CAGR of 4.32% over the forecast period.
  • Flexible Battery Market is expected to reach USD 602.5 Million by 2028 with a CAGR of 25.6% over the forecast period.
  • Zinc-Bromine Battery Market is expected to reach USD 172.54 Billion by 2028 with a CAGR of 24.7% over the forecast period.

i-Factor: Live Market intelligence platform

I-Factor is our guaranteed seal to keep our clients ahead of the competition, always. This knowledge platform delivers real-time updates on key economic indicators, competitive landscape, chang ing demand, trends, customized regional insights, and more. The platform visualizes key data points to help make decision making agile, trustworthy, and holistic.  Register for free @ https://brandessenceresearch.com/i-factor/login/userRegister

Brandessence Market Research & Consulting Pvt ltd.

Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.

Follow Us: Linkedin  

Mr. Vishal Sawant 
Email:
 vishal@brandessenceresearch.com 
Email: Sales@brandessenceresearch.com 
Corporate Sales: +44-2038074155
Asia Office: +917447409162

Logo: https://mma.prnewswire.com/media/1392316/BEMR_Logo.jpg 

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.