Lead Acid Battery Market is Expected to Reach US$58,552 Mn By 2020 – Future Market Insights

1. Lead Acid Battery Market JULY 2020 Report Id : REP-GB-54 Published On : 2020-07-01 Category : Industrial Automation and Equipment www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights

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4. Lead Acid Battery Market Analysis “Global Lead Acid Battery Market Analysis and Opportunities Assessment, 2014-2020”, states that the global lead acid battery market accounted for US$44,689 Mn. in 2014, and is expected to reach US$58,552 Mn. at a CAGR of 4.6% during the forecast period. Asia Pacific, which accounted for the major chunk in the global lead acid battery market, is expected grow at an estimated CAGR of 4.5% during the forecast period. By application type, the global lead acid battery market is segmented as transportation, stationary industrial, motive industrial, stationary industrial, Transportation and stationary industrial collectively contributed to around 77.9% of market revenue in 2014. Transportation was the largest end-use application in the global lead acid battery market in 2014, and is anticipated to continue its dominance through 2020. Stationary industrial is the second largest contributor to the global lead acid battery market, and is expected to register the fastest CAGR of 8.6% during the forecast period. commercial, residential and grid storage. Request Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-54 a Sample Report with Table of Contents and www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

5. Lead Acid Battery Market Analysis The report finds that grid storage is one of the smallest end-use application segments in the global lead acid battery market, but is anticipated to register a robust CAGR of 7.3% during the forecast period. Lead acid batteries are predominantly used in passenger cars, commercial vehicles and two wheelers. In addition to that, demand for lead acid battery has also surged due to the increasing adoption of UPS, owing to urbanization and industrialization. Adoption of grid storage technology in developing countries such as India and China is expected to fuel the global lead acid battery market. In addition to that, an increase in the demand for electric vehicles is expected to further accelerate the expansion of the lead acid battery market globally. Moreover, key challenges in the lead acid battery market are raw material price volatility, and emission standards. Lead is the essential raw material used in the manufacturing of lead acid batteries. Lead prices account for approximately 49% of the overall cost of the lead acid batteries. Any fluctuations in lead prices affect the overall profitability of lead acid battery manufacturers. Lead Acid Battery Market Segmentation By Applications - Transportation, Stationary Industrial, Motive Industrial, Commercial, Residential and Grid Storage; By Regions - North America, Latin America, Europe & Africa, Asia Pacific, Middle East : https://www.futuremarketinsights.com/reports/process- automation-and-instrumentation-market www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

6. Lead Acid Battery Market Analysis The U.S. Environmental Protection Agency (EPA) has published new lead emissions standards under the National Ambient Air Quality Standards (NAAQS) in November 2008. The new standards curb lead emissions by restricting off-site concentration standards for lead in air from 1.5 mg per cubic meter to 0.15 mg per cubic meter. These factors are inhibiting the growth of the lead acid battery market. Region-wise, Asia Pacific is the largest contributor in the global market, and is expected to continue its dominance till 2020. Currently, the Asia Pacific lead acid battery market is valued at US$ 15,297 Mn and is expected to reach US$ 19,881 Mn. by 2020. North America and Western Europe are other major markets contributing 21.6% and 18.7% respectively, to the global lead acid battery revenue. Eastern Europe accounted for the lowest contribution in terms of revenue in 2014, but is expected to register the highest growth at a CAGR of 5.5% over the forecast period. The degree of competition in the global lead acid battery market has been analyzed in the report, which also presents the comparative view of the key strategies and financial outlook of major companies operating in global lead acid battery market. These include Johnson Controls INC, Exide Technologies, GS Yuasa Corporation and EnerSys. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

7. Lead Acid Battery Market Analysis Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-54 More from FMI’s Automotive & Transportation Market Intelligence: • Silicon Anode Battery Market Taxonomy By Capacity - Below 1500 mAH, Between 1500- 2500 mAH, Above 2500 mAH; By Application - Consumer Electronics (Smart Phones, Laptops, Tablets, MP4 Players, Digital Players), Automotive (Plug in Hybrid Electric Vehicle, Hybrid Electric Vehicle, Electric Vehicle, Electric Bicycle), Industrial, Grid & Renewable Energy: https://www.futuremarketinsights.com/reports/silicon-anode- battery-market www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

8. Lead Acid Battery Market Analysis • Telecom Tower Power System Market Segmentation By Product Type – Unreliable Grid Power Supply, Off-Grid Power Supply, Reliable Power Supply; By Regions - North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, Middle East & Africa : https://www.futuremarketinsights.com/reports/telecom-tower-power- systems-market • Electric Motors Market Segmentation Product Type - AC Motor: Induction Motor, Synchronous Motor, DC Motor: Brush DC, Brushless DC; Application -Pumps, Fans, Compressor, General Machinery, Centrifugal Machinery, Grinders, Extruders, Others; End Use – Industrial: Oil & Gas, Food & Beverages, Manufacturing, Chemical Treatment Plant, Others (Pulp & Papers), Residential, Commercial, Automotive & Transportation : https://www.futuremarketinsights.com/reports/electric-motor-market www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

9. Lead Acid Battery Market Analysis About Us Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends. Browse More Industrial Automation & Equipment Market Insights www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved

10. Lead Acid Battery Market Analysis Contact Us Mr. Sudip Saha Future Market Insights 616 Corporate Way, Suite 2-9018, Valley Cottage, NY 10989, United States T: +1-347-918-3531 F: +1-845-579-5705 T (UK): + 44 (0) 20 7692 8790 Sales: sales@futuremarketinsights.com Press Office: Press@futuremarketinsights.com FMI Blog: http://www.fmiblog.com/ Website: www.futuremarketinsights.com Click here to Order a free sample For more insights on the Lead Acid Battery Market, you can request a report sample with full TOC at https://www.futuremarketinsights.com/reports/sample/rep-gb-54 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 10 © 2019 Future Market Insights, All Rights Reserved

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