Global Lead Acid Battery Market – Insights, Opportunity Analysis, Market Shares & Forecast to 2023 – Research and Markets

DUBLIN–(BUSINESS WIRE)–The “Global
Lead Acid Battery Market Insights, Opportunity Analysis, Market Shares
and Forecast, 2017 – 2023” report has been added to Research
and Markets’ offering.

The global lead acid battery market is estimated to grow with approx.
4.8% CAGR during the forecast period 2016 – 2023.

Increasing demand of lead acid batteries in the automotive industry is
boosting the growth in lead acid battery market. Moreover, the rapid
urbanization and industrialization trend in various developing countries
is also fueling growth in lead acid battery market. The market is
witnessing a high rate of adoption of a renewable based energy battery
storage system in various countries to overcome cost issues from diesel
generator sets in rural telecom installations. The advantages of lead
acid batteries include more resistivity to corrosion, overcharging,
gassing, water usage and self-discharge. However, high lead content in
the product and its low energy density restricts the growth of lead acid
battery market.

The growing construction industry in emerging countries including China,
India, Japan, South Korea, Malaysia, Indonesia and Vietnam is expected
to increase the utilization of lead acid battery. Moreover, favorable
government rules and regulations aimed at generating investments from
public private partnership and foreign direct investments is expected to
fuel lead acid battery demand over the forecast period.

Companies Mentioned

• B.B. Battery Co Ltd (China)
• C And D Technologies (U.S.)
• Crown Battery (U.S.)
• CSB Battery Co Ltd (Taiwan)
• East Penn Manufacturing (U.S.)
• Enersys (U.S.)
• Exide Technologies Inc. (U.S.)
• Fengfan Co Ltd (China)
• GS Yuasa Corporation (Japan)
• Johnson Controls Inc. (U.S.)
• Narada Power Source Co Ltd (China)
• Nipress (Indonesia)
• Northstar (Sweden)
• Panasonic Corporation
• Saft Group (France)
• Zibo Torch Energy Co Ltd (China)

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographical Analysis

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/nk6rh5/global_lead_acid

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Related
Topics: Battery
Technology