Lead Acid Battery Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

In terms of product type, the flooded segment accounted for more than 60% share of the market in 2017. Market share of the segment is likely to rise significantly by the end of the forecast period owing to high demand from automotive and motorcycles segments. In terms of application, the automotive segment holds the major share of the lead acid battery market. It is followed by the motorcycle segment. This trend is likely to continue throughout the forecast period. Lead acid batteries are primarily employed for starting, lighting, and ignition purposes in automotive and motorcycles.

 Asia Pacific held significant share of the market in 2016 in terms of value and volume. The region is expected to continue its dominance throughout the forecast period. The market in Europe and North America is likely to expand at a significant pace in the near future.

This report analyzes and forecasts the market for lead acid battery at the global and regional level. The market has been forecast based on revenue (US$ Mn) and volume (thousand units) from 2017 to 2026, considering 2017 as the base year. The study includes drivers and restraints of the global lead acid battery market. It also covers impact of these drivers and restraints on demand for lead acid batteries during the forecast period. The report also highlights opportunities in the lead acid battery market at the global and regional level.

The report includes detailed value chain analysis, which provides a comprehensive view of the global lead acid battery market. Porter’s Five Forces model for the lead acid battery market has also been included to help understand the competitive landscape. The study encompasses market attractiveness analysis, wherein product type and application are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global lead acid battery market by segmenting it in terms of product type and application. In terms of product type, the lead acid battery market has been classified into flooded and sealed. The sealed product type segment has been sub-segmented into AGM and gel. In terms of application type, the lead acid battery market has been segregated into automotive, motorcycles, motive power, renewable power, UPS & telecom, and others. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for lead acid battery in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides the actual market size of lead acid battery for 2017 and estimated market size for 2018 with forecast for the next eight years. The global lead acid battery market has been provided in terms of revenue in US$ Mn and in terms of volume in thousand units. Market size has been provided in terms of global, regional, and country level market.

The report comprises profiles of major companies operating in the global lead acid battery market. Key players operating in the lead acid battery market include EnerSys, EXIDE INDUSTRIES LTD., JOHNSON CONTROLS INTERNATIONAL PLC, and GS Yuasa Corporation. Other players include First National Battery, NorthStar, Amar Raja Batteries Ltd, HOPPECKE, Exide Technologies, HBL Power Systems Limited, C&D Technologies, Inc., East Penn Manufacturing Co., FIAMM Energy Technology S.p.A., Crown Battery Manufacturing Co., and Trojan Battery Company.

Lead Acid Battery Market, by Product Type
Flooded
Sealed
AGM
Gel

Lead Acid Battery Market, by Application
Automotive
Motorcycles
Motive Power
Renewable Power
UPS & Telecom
Others (Wheelchairs, etc.)

Lead Acid Battery Market, By region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Spain
Italy
Russia & CIS

Rest of Europe
Asia Pacific
China
India
Japan
ASEAN

Rest Of Asia Pacific
Latin America
Brazil
Mexico
Argentina

Rest of Latin America
Middle East & Africa (MEA)
GCC
South Africa

Rest of MEA
Key Takeaways

The market for sealed lead acid battery products is smaller as compared to the market for flooded lead acid battery products, due to the high demand from automotive and motorcycle application segments.
Lead acid batteries are majorly employed for starting, lighting, and ignition in automotive application. Flooded lead acid battery is more suitable due to its quick surge of energy for automotive application.
On a global scale, 80% of the lead acid batteries produced are recycled. Lead acid battery is the most recycled product.
The flooded segment is anticipated to expand at a fast pace during the forecast period.
AGM sealed lead acid batteries are less expensive than gel sealed lead acid batteries. Therefore, these are gaining popularity due to their high performance in varied temperatures.
Automotive and motorcycle application segments held more than 60% share of the market in 2017. This trend is expected to continue throughout the forecast period.
In terms of region, Asia Pacific is anticipated to dominate the lead acid battery market during the forecast period.

Leaders in analytics, research and advisory services for Fortune 500 companies, scores of high potential startups, and financial institutions. Our success stories have proven why we are a prominent provider of a cutting-edge syndicated and customized research services. Leverage the best of our seasoned research analysts who had a keen interest and enviable expertise of almost 4 million hours in global, regional, and local market intelligence.