Adroit Market Research Global Lead-acid Battery Market Drivers, Restraints, Potential Growth Opportunities, Product Size, Application Estimation, Vendor Competitive Landscape, Trends and Forecast 2018-2025 Single Use License: US$ 3980 +1 (214) 884-6068 [email protected] www.adroitmarketresearch.com Request Sample Adroit Market Research Global Lead-acid Battery Market • Rising urbanization is creating a huge demand for UPS in industrial sectors, technological advancements and augmented use of electric & hybrid vehicles. These are also some of the factors propelling the growth of the global lead-acid battery market. Thus, the lead-acid battery market size across the globe is expected to mount at a CAGR of more than X% and reach a value of $XXX billion over the forecast period. However, there are also certain factors hindering the market growth like strong competition and strict government regulations. • An electrochemical energy storage device that uses lead peroxide & sponge lead for converting the chemical energy to electrical power for performing any work (for instance starting car engine) is called a lead-acid battery. Lead-acid batteries were invented by a French physicist Gaston Planté in the year 1859 and initially was demonstrated to a French Academy of Sciences in 1860. Lead-acid batteries are widely known for rechargeable energy storage solutions for many vehicles (like cars & trucks) and for being an upright choice for boats, submarines & uninterruptible power supplies (UPS). • Browse the complete report on @ https://www.adroitmarketresearch.com/industry-reports/lead-acid-batterymarket +1 (214) 884-6068 [email protected] www.adroitmarketresearch.com Adroit Market Research Global Lead-acid Battery Market • Advantages and shortcomings of lead-acid batteries: Advantages Shortcomings Lead-acid batteries are affordable, reliable, robust and tolerant of overcharging. Lead-acid batteries are too bulky and heavy to carry. Along with its feature of delivering high currents it has an indefinite shelf life if stored without electrolyte. Charging efficiency of a lead acid battery is only 70% and can reach a maximum to 90% for some exclusive designs. It is also a product with a number of suppliers across the globe. It is not suitable for fast charging, moreover, there is a danger of overheating while charging. Lead acid is also known as the most recycled product. Once the electrolyte is introduced active chemicals start deteriorating, thus it is advisable to keep it in a charged state. +1 (214) 884-6068 [email protected] www.adroitmarketresearch.com Adroit Market Research Global Lead-acid Battery Market Market Overview: • Global lead-acid battery market is classified into different segments like by product, construction method, application or end-user and key regions operating in the lead-acid battery market. • In the product segment, SLI batteries are predicted to grow at an average rate as compared to motive and stationary batteries. On the other hand, stationary batteries are foreseen for witnessing maximum expansions over the forecast period. This is the result of an aggregating requirement for power backup in various sectors like railway, oil & gas, and energy generation. Moreover, mounting energy consumption around the globe is projected to push the need for stationary batteries (mostly as a source of backup at the time of power cuts). • Since past few decades, flooded batteries were a leading product in the lead-acid battery market across the globe but rising demand for highly efficient power output in marine applications is expected to augment its demand again in near future. • VRLA batteries will remain accountable for witnessing the highest growth over the forecast period in accordance with the significant growth for UPS systems in the global market • According to the application segment, automotive has been one of the largest sections in 2015 and was valued for approximately 59% of the total global lead-acid batteries market share. +1 (214) 884-6068 [email protected] www.adroitmarketresearch.com Adroit Market Research Global Lead-acid Battery Market • In the geographical segment, Asia Pacific market is expected to witness the highest growth over the forecast period due to its rising need for energy storage structures. Additionally, usage of energy storage systems is expected to see a tremendous growth owing to the rising demand for renewable energy along with government’s provision for the development of solar and wind energy. Finally, the global lead-acid battery industry is exceptional of the competitive landscape because of the major global players are constantly involved in product innovation and research & development. Some of the key players in competitive intelligence of the global lead-acid battery market include: • GS Yuasa Corp, Narada Power Source Co. Ltd., Leoch International Technology Ltd., NorthStar, Crown Battery Manufacturing, C&D Technologies, Inc., Johnson Controls, ATLASBX Co. Ltd., Exide Technologies, East Penn Manufacturing Co., Trojan Battery, HOPPECKE Batteries, EnerSys, Saft Groupe, Zibo Torch Energy Co. Ltd., Panasonic Corporation, Coslight Technology International Group Co. Ltd., Hoppecke Batteries Inc. Purchase a single user copy of the global Lead-acid Battery market report @ https://www.adroitmarketresearch.com/researchreport/purchase/31 +1 (214) 884-6068 [email protected] www.adroitmarketresearch.com Adroit Market Research About Us Contact Us Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more. US Headquarters 3131 McKinney Ave Ste 600 Dallas, TX 75204 ,U.S.A +1 (214) 884-6068 [email protected] Phone: +1 (214) 884-6068 Email: [email protected] www.adroitmarketresearch.com
Global Lead-acid Battery Market 2018-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market
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