NORTH AMERICA LEAD-ACID BATTERY MARKET FORECAST 2019-2027

NORTH AMERICA LEAD-ACID BATTERY MARKET FORECAST 2019-2027

  • January 2019 •
  • 71 pages •
  • Report ID: 5178800
KEY FINDINGS
The North America lead-acid battery market is all set to rise at a CAGR of 3.34% over the forecast period of 2019-2027. The North American market is on an upsurging end due to the contribution by the developed economies of the United States and Canada. There has been an expansion in automobile sales in these two countries mainly due to the superior performance and longevity of lead-acid batteries.

MARKET INSIGHTS
The market segmentation is carried out on the basis of products generated, types of lead-acid batteries and the end-users of the finished products.From the end-user segment, the automotive application is gaining popularity very quickly, and on the other hand, the SLI batteries are ruling the market by product segment.

The North American market is being presented with opportunities like increasing energy management demand and a growing increment in the ESS projects.Also, another interesting application of lead-acid battery is its use in data centers as a method of energy storage for the information technology rooms such as network rooms and data centers.

In these scenarios, the stationary lead-acid (SLA) batteries are mostly used. The increased deployment of solar off-grid power systems use SLA batteries for energy storage, so their increased instalments of such systems across the North American region will drive the lead-acid battery market in the region.

COMPETITIVE INSIGHTS
The prominent market players in the North America lead-acid battery market are Northstar, Toshiba Corporations, Zibo Torch Energy Co. Ltd., Narada Power Source Co. Ltd., CSB Battery Company Ltd., EnerSys, B.B. Battery Co., Exide Technologies Inc., GS Yuasa Corporation, Johnson Controls Inc., East Penn Manufacturing, Nipress (Indonesia), Crown Battery, Reem Batteries & Power Appliances Co. SAOC and C&D Technologies, Inc. (Acquired By KPS Capital Partner).

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