KEY FINDINGS The Asia-Pacific automotive lead-acid battery market is projected to flourish at a CAGR of 4.85% between the years 2017-2025. The revenue generated by the market is predicted to reach $23294 million by the end of this forecast period.
MARKET INSIGHTS The automotive lead-acid battery market is categorized on the basis of end-users, customer segment, product, and types. China is a dominant market in the APAC region. However, India has seen a considerable rise in the recent years. This growth in the Indian market is propelled by the two-wheeler automotive segment. The huge investments made by the Indian government for road development projects in the rural and semi-urban areas has led to a rise in the sales of two-wheelers in the country. On the other hand, the lead-acid batteries in China are majorly finding their application in automotive starter storage batteries and electric bicycle power batteries. The market for the electric vehicles is on a constant rise for this region.
COMPETITIVE INSIGHTS CSB Battery Company Ltd, Toshiba Corporation, Fengfan Co Ltd (China), Johnson Controls Inc, Nipress (Indonesia), East Penn Manufacturing, Exide Technologies Inc, B.B. Battery Co, Zibo Torch Energy Co Ltd, GS Yuasa Corporation, Crown Battery, Narada Power Source Co Ltd, C&D Technologies Inc and Northstar are few of the noted players in this market.
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Stationary lead acid batteries (LABs) have been used for nearly 140 years to power various small and large applications.Over the last 5 decades, these batteries have become the standard source of power not only for automobiles but also for gensets, UPS systems, and other equipment.
Low price, ease of recyclability, and user-friendliness...
Asia Pacific electric three-wheeler market is estimated to be 156,397 units in 2021 and is projected to grow to 486,446 units by 2026, at a CAGR of 25.5% during the forecast period. Electric three-wheelers run on the electrical energy stored in the rechargeable battery unit. These battery units can either be charged through an external power...
The global micro battery market size is estimated at USD 326 million in 2021. It is projected to reach USD 842 million by 2026; it is expected to grow at a CAGR of 20.9% from 2021 to 2026. The growth of the micro battery market is driven by factors such as the use of printed flexible batteries in medical devices to treat COVID-19 patients,...
Charging up: Industry revenue is expected rise, as the industry recovers from the COVID-19 outbreak Abstract Lithium Battery Manufacturing in the UK Companies operating in this industry manufacture lithium and lithium-ion batteries. Industry products are most commonly used in vehicles and electronic...
307 pages •
By Asia Market Information & Development Company
• Jul 2021
China’s demand for Battery Electrolyte has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, imports & exports, consumer...
The global UPS battery market was valued at US$ 695.6 million in 2020 and is projected to reach US$ 1,475.7 million by 2028; it is expected to grow at a CAGR of 10.6% from 2021 to 2028. The battery is one of a crucial component of an uninterruptible power supply (UPS).The UPS battery is accountable for long life span and good performance...
KEY FINDINGS The global flexible thin film and printed battery market is set to project a CAGR of 17.13% during the forecast period, 2021-2026. The primary growth drivers include the growing demand for IoT, government investments in flexible electronics, and the rising adoption of smart electronics. MARKET...
The APAC UPS battery market is expected to grow from US$ 239.71 million in 2020 to US$ 455.71 million by 2028; it is estimated to grow at a CAGR of 9.1% from 2021 to 2028. The growing trend of digitalization, fueled by favorable government initiatives, boosts the APAC UPS battery market. Automation and digitalization escalate power consumption...
286 pages •
By Asia Market Information & Development Company
• Apr 2021
China’s demand for Battery has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption and...
The SUV is no longer just a utilitarian off-roader whose sole purpose is to transport goods and other essentials over hostile terrain. Over time, these vehicles have evolved and have started playing other roles as well, primarily as people carriers in urban and suburban areas; they are also used to make a statement of social standing in some...
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