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Lead Acid Battery Market Analysis, Growth Opportunities, Trends, Forecast and Outlook to 2023by Deepak Kumar Sr. SEO Executive
Lead acid battery market includes rechargeable devices such as lead electrodes submerged in diluted sulfuric acid. It utilizes lead electrodes and sulphuric acid as electrolyte to store electrical energy. Lead acid battery is used for starting, lightning and ignition (SLI) purpose in automobiles.
Lead calcium batteries, lead antimony batteries, valve regulated lead acid batteries, Absorbed Glass Mat (AGM) Battery, Gel Cell, SLI Batteries, deep cycle batteries and advanced lead acid batteries are a few varieties of lead acid battery. These batteries find application in automotive and traction applications, standby/back-up/emergency power.
The global market for lead acid battery is estimated to grow during the forecast period (2017-2023) on account of the growing demand for stationary lead acid batteries in off-grid renewable energy generation.
Implementation of smart grid projects, deployment of vehicle-charging infrastructure, increasing usage of hybrid and electric vehicles and increasing span of telecom towers are some of the factors expected to drive the global lead acid battery market.
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Key players in the global lead acid battery market include Johnson Controls Inc., GS Yuasa Corporation, Exide Technologies, EnerSys, C&D Technologies Inc., Amara Raja Batteries Limited, Eaglepicher Technologies, LLC, Axion Power International and East Penn Manufacturing.
- Starting, lighting and ignition (SLI)
By Construction Method
- Valve Regulated Lead Acid Battery (VRLA)
- Uninterrupted Power Supply (UPS)
- Electric bikes
- Transport vehicles
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
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Created on Jun 21st 2018 02:21. Viewed 125 times.