A lead cell is composed of three basic components: anode, cathode, and electrolyte. The anode is the negative terminal, the cathode is the positive terminal, and the electrolyte connects both terminals to drive an electrochemical reaction that generates electricity. A lead-acid battery is one that is made up of a sponge metallic lead anode, a lead-dioxide cathode, and a sulphuric acid solution electrolyte. It is the first battery used for commercial purposes. It contains toxic lead but is recyclable. Growing SLI applications in the automotive industry, growth in renewable energy production, and high demand for energy storage devices are some of the factors driving up demand for lead-acid batteries.
The global lead–acid battery market size was valued at $39.7 billion in 2018, and is projected to reach $59.7 billion by 2026, growing at a CAGR of 5.24% from 2019 to 2026.
Sealed Acid Batteries (SLA) and Wet Cells or Flooded Batteries are the two main types of lead acid batteries. Among these, flooded cells are in high demand due to the low cost per amp-hour produced and the cost-effective solution that makes flooded cells useful in the automotive industry for igniting and lighting.
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Key players covered in this report:
Coslight Technology
Trojan
Johnson Controls
FIAMM
Exide
Camel
Chaowei Power
Shoto
EAST PENN Manufacturing
Narada Power
Enersys
C&D Technologies
Sebang
Midac Power
Leoch
Tianneng Power
Sacred Sun Power Sources
ACDelco
Amara Raja
CSB Battery
Banner batteries
GS Yuasa Corporate
First National Battery
NorthStar Battery
Atlasbx
Fengfan
Segmentation by types:
Flooded Battery
VRLA Battery
Segmentation by Applications:
Automotive
Utilities
Oil and Gas
Construction
Telecommunication
Marine
Uninterrupted Power Supply (UPS)
Leisure
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Lead-Acid Battery Market in these regions:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Some points from Table of Content:
1 Lead-Acid Battery Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Lead-Acid Battery
1.3 Lead-Acid Battery Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Lead-Acid Battery
1.4.2 Applications of Lead-Acid Battery
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
Key Benefits for Stakeholders:
- The report provides an in-depth analysis of the lead–acid battery market forecast along with the current and future market trends
- This report highlights the key drivers, opportunities, and restraints of the market along with the impact analyses during the forecast period
- Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the global lead–acid battery industry for strategy building
- The global Lead–acid battery Market analysis covers major factor that impact the global market growth including growth, restraints, and opportunity factors
- The qualitative data in this report aims on market dynamics, trends, and developments
Frequently Asked Questions About This Report
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- What are key applications of Lead Acid Battery market?
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