Lead-acid batteries are the oldest rechargeable battery technology in the market which is widely used in various applications such as automotive, motive, and stationary applications. They are majorly used because of the cranking property of the battery which provides the power with short span.
Technavio’s analysts forecast the global lead-acid battery market to register a revenue of more than USD 65 billion during the period 2018-2022.
Covered in this report The report covers the present scenario and the growth prospects of the global lead-acid battery market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of lead-acid battery.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Lead-acid Battery Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • East Penn Manufacturing • EnerSys • Exide Technologies • HOPPECKE Batteries • Johnson Controls • Trojan Battery
Market driver • Increasing deployment of microgrids • For a full, detailed list, view our report
Market challenge • Declining Li-ion battery prices • For a full, detailed list, view our report
Market trend • The growing legislative support for battery recycling • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2022 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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