Global Lead Acid Battery Market Size & Outlook, 2024-2030

The global lead acid battery market size was estimated at USD 74,760.0 million in 2023 and is projected to reach USD 100,271.1 million by 2030, growing at a CAGR of 4% from 2024 to 2030.
Revenue, 2023 (US$M)
$74,760.0
Forecast, 2030 (US$M)
$100,271.1
CAGR, 2024 - 2030
4%
Report Coverage
Worldwide

Global lead acid battery market highlights

  • The global lead acid battery market generated a revenue of USD 74,760.0 million in 2023 and is expected to reach USD 100,271.1 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 4% by 2030.
  • In terms of segment, automotive accounted for a revenue of USD 46,517.0 million in 2023.
  • UPS is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 74,760.0 million
Market revenue in 2030USD 100,271.1 million
Growth rate4% (CAGR from 2024 to 2030)
Largest segmentAutomotive
Fastest growing segmentUPS
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAutomotive, UPS, Telecom, Electric Bikes, Transport Vehicles

Other key industry trends

  • In terms of revenue, the North America accounted for 18.4% of the global lead acid battery market in 2023.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Argentina is the fastest growing regional market and is projected to reach USD 2,640.5 million by 2030.

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Lead Acid Battery Market Companies

Name Profile # Employees HQ Website
Leoch International Technology Ltd View profile 14364 No.3 Hoi Shing Road, TML Tower, Unit C, 33rd Floor, Tsuen Wan, New Territories, Hong Kong https://www.leoch.com
Northstar Recycling View profile 101-250 East Longmeadow, Massachusetts, United States, North America https://northstarrecycling.com/
East Penn Manufacturing Co View profile 10001+ Lyon Station, Pennsylvania, United States, North America https://www.eastpennmanufacturing.com/
EXIDE Industries View profile 10001+ Kolkata, West Bengal, India, Asia http://www.exideindustries.com/
Crown Holdings Inc View profile 25000 14025 Riveredge Drive, Suite 300, Tampa, FL, United States, 33637-2015 https://www.crowncork.com
GS Yuasa Corp View profile 17031 1, Inobanba-cho, Nishinosho, Kisshoin, Minami-ku, Kyoto, Japan, 601-8520 http://www.gs-yuasa.com
Johnson Controls International PLC View profile 102000 One Albert Quay, Cork, Ireland, T12 X8N6 https://www.johnsoncontrols.com

Global lead acid battery market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lead acid battery market will help companies and investors design strategic landscapes.


Automotive was the largest segment with a revenue share of 62.22% in 2023. Horizon Databook has segmented the Global lead acid battery market based on automotive, ups, telecom, electric bikes, transport vehicles covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Lead Acid Battery Application Outlook (Revenue, USD Million, 2018-2030)
    • Automotive
    • UPS
    • Telecom
    • Electric Bikes
    • Transport Vehicles
    • Others
  • Global Lead Acid Battery Product Outlook (Revenue, USD Million, 2018-2030)
    • SLI
    • Stationary
    • Motive
  • Global Lead Acid Battery Construction Outlook (Revenue, USD Million, 2018-2030)
    • Flooded
    • VRLA

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Horizon Databook provides a detailed overview of global-level data and insights on the Global lead acid battery market , including forecasts for subscribers. This global databook contains high-level insights into Global lead acid battery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global lead acid battery market size, by regions, 2018-2030 (US$M)

Top 10 countries: Lead acid battery market size, 2023 (US$M)

Global lead acid battery market share, by application, 2023 & 2030 (%, US$M)

Lead acid battery market: Opportunity assessment by country

Global lead acid battery market, by region, 2023 (US$M)

Global lead acid battery market size, by regions, 2018-2030 (US$M)

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