GLOBAL LEAD ACID BATTERY

MARKET
FORECAST 2019-2027
• The global lead-acid battery market is projected to rise with a
CAGR of 3.83% over the forecast period of 2019-2027.

• The market is mainly driven by factors such as a surge in

automotive sales, increasing requirement of the
uninterrupted power supply, increasing demands for off-grid
renewable energy generation-which is driving the telecom
installations.

• The LEAD-ACID batteries have huge applications in a

passenger vehicle, light commercial vehicles, heavy
commercial vehicle etc. and can be broadly classified into SLI
batteries and micro hybrid batteries.
• The market is segmented on the basis of type, products and end-
users. Market by type is segmented into enhanced flooded
batteries, flooded batteries and VRLA batteries.

• The market by product is further classified into SLI battery, and

micro-hybrid battery and the market by end-user is segmented
into automotive and stationary applications and motive
applications. Presently, the SLI batteries segment is dominating
the market due to its excessive sale and uptake in two-wheelers.

• Also, the lead-acid batteries are the most preferred ones for the
SLI functions in hybrid electric vehicles due to their low cost.
“Global lead-acid battery market is estimated to grow with
3.83% CAGR during the year 2019-2027.”
The North America lead-acid battery
market was valued at $ XX million in
2018. The market is expected to grow
at a CAGR of 3.34% over the forecast
period of 2019-2027.
The Europe lead-acid battery market generated
a revenue of $XX million in 2018. The market is
anticipated to rise at a CAGR of 2.67% over the
forecast period of 2019-2027,
 The Asia-Pacific lead-acid battery market is
anticipated to rise with the highest CAGR of
4.50% over the forecast period of 2019-2027
while generating $ XX million by its end.
B.B. Battery Co., Toshiba Corporations, C&D Technologies, Inc.
(Acquired By KPS Capital Partner), Crown Battery, CSB Battery
Company Ltd., East Penn Manufacturing, EnerSys, Exide
Technologies Inc., GS Yuasa Corporation, Johnson Controls Inc.,
Narada Power Source Co. Ltd., Nipress (Indonesia), Northstar,
Reem Batteries & Power Appliances Co. SAOC and Zibo Torch
Energy Co. Ltd. are some of the leading companies in this market.