Lead Acid Battery Market Size, Share, Report, Analysis, Trends & Forecast to 2022

According to Stratistics MRC, the Global Lead Acid Battery market is expected to grow from $53.32 billion in 2016 to reach $81.25 billion by 2022 with a CAGR of 7.2%.

Growing industrialization and urbanization, raising usage in hybrid and electric vehicles, and technological advancements are the factors propelling the market growth. However, intense competition, stringent government regulations are hampering the market growth.

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Among all product segments SLI product is expected to lead the market with a highest market share during the forecast period. It is attributed by the heavy usage in automotive sector. Besides, Stationary segment is anticipated to command the market with a higher CAGR. Asia pacific is dominating the global market over the forecast period. The growth is attributed to increasing construction industry in developing economies, favorable government regulations, and increasing disposable income.

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Some of the key players in global Lead Acid Battery market include ATLASBX Co., Ltd., B.B. Battery Co., Ltd., C&D Technologies, Inc., Chloride Batteries S E Asia Pte. Ltd., Crown Battery, CSB Battery Co., Ltd., East Penn Manufacturing, EnerSys, Exide Technologies, Fujian Quanzhou Dahua Battery Co., Ltd, Johnson Controls, Leoch International Technology Ltd., Nipress, NorthStar, Panasonic Corporation, and Zibo Torch Energy Co., Ltd.

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Products Covered:
• Stationary
• Motive

Construction Methods Covered:
• Flooded

Applications Covered:
• Motive Industrial
• Stationary Industrial
• Residential
• Commercial
• Automotive
• Telecommunication
• Transport vehicles
• Electric bikes
• Grid Storage
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

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Contact Info:
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Organization: Stratistics Market Research Consulting Pvt Ltd
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Phone: +1-301-202-5929
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Release ID: 200028