The lead-acid battery aftermarket is the secondary market of the automotive battery industry, concerned with the distribution and retailing activities of lead-acid batteries that follow the sale of the automobile battery by the original equipment manufacturer (OEM) to the consumer. Batteries refer to the technologies that are used to store energy, which can be used during power shortages, blackouts, or when the demand for power is high. Batteries are classified as lead-acid, lithium, or nickel-based.
Technavio’s analysts forecast the global lead-acid battery aftermarket to grow at a CAGR of 14.54% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global lead-acid battery aftermarket for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio's report, Global Lead-Acid Battery Aftermarket 2017-2021, 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 • GS Yuasa • Johnson Controls
Other prominent vendors • Alpha Technologies • Amara Raja • BAE Batterien • C&D Technologies • Crown Battery • DAEJIN BATTERY • DMS technologies • EverExceed • Exide Industries • HBL Power Systems • HOPPECKE Batterien • Microtex Energy • MIDAC Batteries • Navitas System • NorthStar • Panasonic Battery • Rolls Battery • Storage Battery Systems • Su-Kam Power Systems • Trojan Battery Company • West Marine • Yokohama Trading
Market driver • Growing use of golf carts among older population • For a full, detailed list, view our report
Market challenge • Rise in counterfeit automotive products • For a full, detailed list, view our report
Market trend • Rise in adoption of hybrid power systems in telecom towers • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 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? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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