EUROPE LEAD-ACID BATTERY MARKET FORECAST 2019-2027

EUROPE LEAD-ACID BATTERY MARKET FORECAST 2019-2027

  • January 2019 •
  • 70 pages •
  • Report ID: 5178799
KEY FINDINGS
The Europe lead-acid battery market is forecasted to grow at a CAGR of 3.14% over the estimated period of 2019-2027. The revenue share grasped by the market is expected to catapult from xx% in 2018 to x% by 2027 over this period. Increasing electric vehicle sales driven by supportive government regulations coupled with the rising sale of the automobile are expected to move the market to the pinnacle through the forecasting period.

MARKET INSIGHTS
Product launch is a major strategy adopted by various market players to compete in the Europe lead-acid battery market.End-users, battery types and products classify the market segments.

At present, SLI batteries are the most popular products for this market.However, the European market is also witnessing a growing use of SLA batteries in the data centers.

The market growth is expected to ascend over the forecast period, but factors like growing competition from Li-Ion batteries and other operational challenges might hinder the market expansion.The German lead-acid battery market is both the largest market with the maximum revenue contribution as well as it is growing at the highest pace in the region.

This can be attributed to the impressive cost-effectiveness of the lead-acid batteries and their notable sustainability in terms of recyclability which is supportive of the idea of environmentally friendly electronics usage by the mass.

COMPETITIVE INSIGHTS
Few of the major companies actively engaged in the Europe market are as follows: GS Yuasa Corporation, Johnson Controls Inc., EnerSys, B.B. Battery Co., East Penn Manufacturing, C&D Technologies, Inc. (Acquired By KPS Capital Partner), Toshiba Corporations, Zibo Torch Energy Co. Ltd., Crown Battery, Exide Technologies Inc., Narada Power Source Co. Ltd., Nipress (Indonesia), Reem Batteries & Power Appliances Co. SAOC, Northstar and CSB Battery Company Ltd.

Companies mentioned
1. B.B. BATTERY CO.
2. C&D TECHNOLOGIES, INC. (ACQUIRED BY KPS CAPITAL PARTNER)
3. CROWN BATTERY
4. CSB BATTERY COMPANY LTD.
5. EAST PENN MANUFACTURING
6. ENERSYS
7. EXIDE TECHNOLOGIES INC.
8. GS YUASA CORPORATION
9. JOHNSON CONTROLS, INC.
10. NARADA POWER SOURCE CO, LTD
11. NIPRESS (INDONESIA)
12. NORTHSTAR
13. TOSHIBA CORPORATION
14. ZIBO TORCH ENERGY CO. LTD.
15. REEM BATTERIES & POWER APPLIANCES CO. SAOC