Lead Acid Battery Market Size, Share & Trends Report

Lead Acid Battery Market Size, Share & Trends Analysis Report By Product (SLI, Stationary, Motive), By Construction Method (Flooded, VRLA), By Application, By Region, And Segment Forecasts, 2023 - 2030

  • Report ID: 978-1-68038-778-0
  • Number of Pages: 95
  • Format: Electronic (PDF)

Market Segmentation

  • Lead Acid Battery Product Outlook (Revenue, USD Million, 2018 - 2030)
    • SLI
    • Stationary
    • Motive
  • Lead Acid Battery Construction Method Outlook (Revenue, USD Million, 2018 - 2030)
    • Flooded
    • VRLA
  • Lead Acid Battery Application Outlook (Revenue, USD Million, 2018 - 2030)
    • Automotive
    • UPS
    • Telecommunication
    • Electric bikes
    • Transport vehicles
    • Others
  • Lead Acid Battery Regional Outlook (Revenue, USD Million, 2018 - 2030)
    • North America
      • North America Lead Acid Battery Market, by Product
        • SLI
        • Stationary
        • Motive
      • North America Lead Acid Battery Market, by Construction Method
        • Flooded
        • VRLA
      • North America Lead Acid Battery Market, by Application
        • Automotive
        • UPS
        • Telecommunication
        • Electric bikes
        • Transport vehicles
        • Others
      • U.S.
        • U.S. Lead Acid Battery Market, by Product
          • SLI
          • Stationary
          • Motive
        • U.S. Lead Acid Battery Market, by Construction Method
          • Flooded
          • VRLA
        • U.S. Lead Acid Battery Market, by Application
          • Automotive
          • UPS
          • Telecommunication
          • Electric bikes
          • Transport vehicles
          • Others
    • Europe
      • Europe Lead Acid Battery Market, by Product
        • SLI
        • Stationary
        • Motive
      • Europe Lead Acid Battery Market, by Construction Method
        • Flooded
        • VRLA
      • Europe Lead Acid Battery Market, by Application
        • Automotive
        • UPS
        • Telecommunication
        • Electric bikes
        • Transport vehicles
        • Others
      • Germany
        • Germany Lead Acid Battery Market, by Product
          • SLI
          • Stationary
          • Motive
        • Germany Lead Acid Battery Market, by Construction Method
          • Flooded
          • VRLA
        • Germany Lead Acid Battery Market, by Application
          • Automotive
          • UPS
          • Telecommunication
          • Electric bikes
          • Transport vehicles
          • Others
      • U.K.
        • U.K. Lead Acid Battery Market, by Product
          • SLI
          • Stationary
          • Motive
        • U.K. Lead Acid Battery Market, by Construction Method
          • Flooded
          • VRLA
        • U.K. Lead Acid Battery Market, by Application
          • Automotive
          • UPS
          • Telecommunication
          • Electric bikes
          • Transport vehicles
          • Others
      • Italy
        • Italy Lead Acid Battery Market, by Product
          • SLI
          • Stationary
          • Motive
        • Italy Lead Acid Battery Market, by Construction Method
          • Flooded
          • VRLA
        • Italy Lead Acid Battery Market, by Application
          • Automotive
          • UPS
          • Telecommunication
          • Electric bikes
          • Transport vehicles
          • Others
      • Russia
        • Russia Lead Acid Battery Market, by Product
          • SLI
          • Stationary
          • Motive
        • Russia Lead Acid Battery Market, by Construction Method
          • Flooded
          • VRLA
        • Russia Lead Acid Battery Market, by Application
          • Automotive
          • UPS
          • Telecommunication
          • Electric bikes
          • Transport vehicles
          • Others
    • Asia Pacific
      • Asia Pacific Lead Acid Battery Market, by Product
        • SLI
        • Stationary
        • Motive
      • Asia Pacific Lead Acid Battery Market, by Construction Method
        • Flooded
        • VRLA
      • Asia Pacific Lead Acid Battery Market, by Application
        • Automotive
        • UPS
        • Telecommunication
        • Electric bikes
        • Transport vehicles
        • Others
      • China
        • China Lead Acid Battery Market, by Product
          • SLI
          • Stationary
          • Motive
        • China Lead Acid Battery Market, by Construction Method
          • Flooded
          • VRLA
        • China Lead Acid Battery Market, by Application
          • Automotive
          • UPS
          • Telecommunication
          • Electric bikes
          • Transport vehicles
          • Others
      • India
        • India Lead Acid Battery Market, by Product
          • SLI
          • Stationary
          • Motive
        • India Lead Acid Battery Market, by Construction Method
          • Flooded
          • VRLA
        • India Lead Acid Battery Market, by Application
          • Automotive
          • UPS
          • Telecommunication
          • Electric bikes
          • Transport vehicles
          • Others
    • Central & South America
      • Central & South America Lead Acid Battery Market, by Product
        • SLI
        • Stationary
        • Motive
      • Central & South America Lead Acid Battery Market, by Construction Method
        • Flooded
        • VRLA
      • Central & South America Lead Acid Battery Market, by Application
        • Automotive
        • UPS
        • Telecommunication
        • Electric bikes
        • Transport vehicles
        • Others
      • Brazil
        • Brazil Lead Acid Battery Market, by Product
          • SLI
          • Stationary
          • Motive
        • Brazil Lead Acid Battery Market, by Construction Method
          • Flooded
          • VRLA
        • Brazil Lead Acid Battery Market, by Application
          • Automotive
          • UPS
          • Telecommunication
          • Electric bikes
          • Transport vehicles
          • Others
    • MEA
      • MEA Lead Acid Battery Market, by Product
        • SLI
        • Stationary
        • Motive
      • MEA Lead Acid Battery Market, by Construction Method
        • Flooded
        • VRLA
      • MEA Lead Acid Battery Market, by Application
        • Automotive
        • UPS
        • Telecommunication
        • Electric bikes
        • Transport vehicles
        • Others
      • South Africa
        • South Africa Lead Acid Battery Market, by Product
          • SLI
          • Stationary
          • Motive
        • South Africa Lead Acid Battery Market, by Construction Method
          • Flooded
          • VRLA
        • South Africa Lead Acid Battery Market, by Application
          • Automotive
          • UPS
          • Telecommunication
          • Electric bikes
          • Transport vehicles
          • Others
      • UAE
        • UAE Lead Acid Battery Market, by Product
          • SLI
          • Stationary
          • Motive
        • UAE Lead Acid Battery Market, by Construction Method
          • Flooded
          • VRLA
        • UAE Lead Acid Battery Market, by Application
          • Automotive
          • UPS
          • Telecommunication
          • Electric bikes
          • Transport vehicles
          • Others

Lead Acid Battery Market Dynamics

Drivers: Growing Demand For Ups Systems

Lead acid batteries find their application in uninterruptible power supply (UPS) systems as they provide high power density and enhanced life expectancy. A UPS system is an electrical equipment that provides power supply when the main power or input power sources fail. UPS systems are expansively utilized in building such as banks, hospitals, offices, data centers, and educational institutions. High electric manageability of lead acid battery is expected to fuel market growth over the forecast period. Moreover, the increasing demand for UPS systems in industries, corporate offices, research institutions, educational institutes, hospitals, and houses owing to rapid urbanization and industrialization in China will drive battery growth over the forecast period. The UPS market is predicted to observe significant growth over the forecast period, in light of growing demand for high power range systems. The rising trend regarding the adoption of UPS systems as a key power backup device is projected to positively influence the market growth over the forecast period. There is an increasing trend of identifying these systems as an important power backup device for performing work more effectually and proficiently, which will stimulate growth.

Rising Usage In Motive Industry

Lead acid battery finds extensive use in motive industry applications including golf cart, forklift, and industrial cleaner. Bolstered use of lead acid battery in forklifts on account of their reliability, low cost, and well-established supply chain will drive demand. Heavy weight of lead acid battery will fuel its demand over the forecast period. Furthermore, lead acid finds applications in golf carts owing to its economical nature. Rapid industrialization and growing number of manufacturing units are expected to propel market growth over the forecast period. Expansion of warehouse space, growing e-commerce, and high demand for forklift truck replacement along with growing investment by players in emerging economies including India, China, and Brazil are the various factors that are expected to augment market growth over the forecast period.

Restraint: Fluctuating Raw Material Prices

Sulfuric acid, lead oxide, and polypropylene are the prime raw materials that are utilized in the manufacturing of lead acid batteries. Polypropylene, which is used to make cases for batteries is derived from carbon compound and petroleum. Crude oil and natural gas derivatives are the primary feedstock that are used to produce polypropylene, therefore, change in the costs of crude oil & natural gas plays a prime role in the cost dynamics of plastics used for battery manufacturing. Crude oil observed remarkable fluctuation in prices over the last few years due to the large supply-demand gap. Numerous countries enforced policies in order to stock up on crude oil to uphold continuous supply to their population. At the same time, fossil fuel deposits could not yield enough output to satiate the ever-rising global demand for oil. However, technological advancement in the oil & gas sector has resulted in increasing crude oil output, thereby, reducing supply-demand gap, consequently reducing the prices of crude oil. Instability in prices of crude oil has a straight effect on the manufacturing cost of its downstream derivative product.

What Does This Report Include?

This section will provide insights into the contents included in this lead acid battery market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Lead acid battery market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Lead acid battery market quantitative analysis

  • Market size, estimates, and forecast from 2018 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

What questions do you have? Get quick response from our industry experts. Request a Free Consultation
pdf

GET A FREE SAMPLE

bck

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

cog

NEED A CUSTOM REPORT?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities.

Contact us now to get our best pricing.

esomar icon

ESOMAR certified & member

ISO

ISO Certified

We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure. For more details, please read our privacy policy.

great place to work icon