Lead-Acid Battery market increases from US$62.26 billion in 2023 to US$86.88 billion by 2030, with a 4.9% CAGR, due to growing demand in the downstream market.
The lead-acid battery, a technological workhorse invented in the 1850s by French physicist Gaston Planté, continues to hold a significant position in the global battery market, despite the increasing popularity of lithium-ion technology. The lead-acid battery market exhibits remarkable resilience, and several factors contribute to its enduring relevance.
• Mature Technology and Established Manufacturing Base: Lead-acid battery technology has been around for over 150 years, with a long history of research and development. This has led to a deep understanding of the technology and the creation of a mature and efficient manufacturing base that can produce these batteries at a relatively low cost. This cost advantage is a significant factor in their continued dominance in many applications.
• Versatility Across Diverse Applications: Lead-acid batteries are not just for cars. They are remarkably versatile and have found widespread application in a wide range of sectors, including automotive, industrial, telecommunication, and even uninterruptible power supply (UPS) systems. Their ability to deliver consistent power output and withstand harsh operating environments makes them a trusted choice for critical tasks in various industries.
According to our publisher’s latest study, the global Lead-Acid Battery market size was valued at US$ 62260 million in 2023. With growing demand in downstream market, the Lead-Acid Battery is forecast to a readjusted size of US$ 86880 million by 2030 with a CAGR of 4.9% during review period.
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The research report highlights the growth potential of the global Lead-Acid Battery market. Lead-Acid Battery are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Lead-Acid Battery. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Lead-Acid Battery market.
This report studies the Lead-acid Battery market, Lead-Acid battery uses a chemical reaction to do work on charge and produce a voltage between their output terminals. Despite having a very low energy-to-weight ratio and a low energy-to-volume ratio, its ability to supply high surge currents means that the cells have a relatively large power-to-weight ratio. These features, along with their low cost, make it attractive for use in many fields, like motor vehicles, motorcycle, transport vehicles, electrical bicycle, etc.
At present, some of the key players in global Lead Acid Battery market include Johnson Controls, Exide Technologies, CSB Battery, GS Yuasa Corporate, Enersys, EAST PENN Manufacturing, FIAMM, Chaowei Power, Tianneng Power, Camel, Fengfan, Leoch, Narada Power and Exide Industries Limited, etc, with about 48% market shares.
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Key Features:
The report on Lead-Acid Battery market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Lead-Acid Battery market. It may include historical data, market segmentation by Type (e.g., VRLA Battery, Flooded Battery), and regional breakdowns.
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Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Lead-Acid Battery market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Market Drivers:
• Resilient Demand from Core Applications: Lead-acid batteries remain the dominant choice for starter batteries in vehicles and provide reliable backup power for telecom towers and UPS systems. This consistent demand from established applications fuels market growth.
• Emerging Economies: As developing economies experience increasing vehicle ownership and infrastructure development, the demand for lead-acid batteries for vehicles and power storage solutions is rising.
Market Trends:
• Focus on Cost-Effectiveness: Despite advancements in alternative battery technologies, lead-acid batteries remain a cost-effective option, particularly for budget-conscious consumers and developing economies.
• VRLA Battery Growth: Valve-regulated lead-acid (VRLA) batteries, known for their low maintenance and sealed design, are witnessing increasing adoption due to their suitability for telecom backup and off-grid power applications.
Market Challenges:
• Environmental Concerns: Lead is a toxic material, and regulations regarding lead disposal and recycling are becoming stricter. This can increase costs and push manufacturers towards exploring more environmentally friendly battery alternatives.
• Advancement of Alternative Batteries: Lithium-ion batteries offer advantages like higher energy density and longer lifespans. While lead-acid batteries retain their stronghold in specific applications, advancements in alternative technologies pose a long-term challenge.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Lead-Acid Battery market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Lead-Acid Battery industry. This include advancements in Lead-Acid Battery technology, Lead-Acid Battery new entrants, Lead-Acid Battery new investment, and other innovations that are shaping the future of Lead-Acid Battery.
• Electrode Design & Materials: New electrode designs with calcium alloys and carbon additives improve conductivity, discharge rates, and cycle life, making lead-acid batteries more competitive.
• Advanced Charging Techniques: Pulse charging and multi-stage charging methods optimize the charging process, extending battery life and reducing energy consumption during charging cycles.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Lead-Acid Battery market. It includes factors influencing customer ' purchasing decisions, preferences for Lead-Acid Battery product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Lead-Acid Battery market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Lead-Acid Battery market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Lead-Acid Battery market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Lead-Acid Battery industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
• Cost Competitiveness: Maintaining a cost advantage over Li-ion batteries, especially for applications where energy density is less critical.
• Sustainability Improvements: Developing cleaner production processes, efficient recycling methods, and exploring lead-acid battery alternatives with reduced environmental impact.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Lead-Acid Battery market.
• Advanced Valve Regulated Lead-Acid (VRLA) Batteries: These advanced lead-acid batteries offer longer lifespans, lower maintenance requirements, and improved deep discharge performance, making them suitable for applications like telecom backup power and Uninterruptible Power Supplies (UPS).
• Battery Recycling: With a focus on sustainability and resource recovery, the lead-acid battery recycling industry is gaining traction. Efficient recycling processes can help reduce environmental impact and ensure a steady supply of lead for battery production.
Market Segmentation:
Lead-Acid Battery market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
VRLA Battery
Flooded Battery
Others
Segmentation by application
Automotive Starter
Motorcycles and Electric Bikes
Forklifts and Other Vehicles
UPS
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Johnson Controls
Exide Technologies
Hitachi Chemical Energy
Technology (CSB Battery)
GS Yuasa Corporate
Enersys
EAST PENN Manufacturing
FIAMM
Sebang
Atlasbx
Amara Raja
C&D Technologies
Trojan
NorthStar Battery
Midac Power
ACDelco
Banner batteries
First National Battery
Chaowei Power
Tianneng Power
Shoto
Camel
Fengfan
Leoch
Narada Power
Sacred Sun Power Sources
Coslight Technology
Exide Industries
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lead-Acid Battery market?
What factors are driving Lead-Acid Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lead-Acid Battery market opportunities vary by end market size?
How does Lead-Acid Battery break out type, application?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Lead-Acid Battery Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Lead-Acid Battery by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Lead-Acid Battery by Country/Region, 2019, 2023 & 2030
2.2 Lead-Acid Battery Segment by Type
2.2.1 VRLA Battery
2.2.2 Flooded Battery
2.2.3 Others
2.3 Lead-Acid Battery Sales by Type
2.3.1 Global Lead-Acid Battery Sales Market Share by Type (2019-2024)
2.3.2 Global Lead-Acid Battery Revenue and Market Share by Type (2019-2024)
2.3.3 Global Lead-Acid Battery Sale Price by Type (2019-2024)
2.4 Lead-Acid Battery Segment by Application
2.4.1 Automotive Starter
2.4.2 Motorcycles and Electric Bikes
2.4.3 Forklifts and Other Vehicles
2.4.4 UPS
2.4.5 Others
2.5 Lead-Acid Battery Sales by Application
2.5.1 Global Lead-Acid Battery Sale Market Share by Application (2019-2024)
2.5.2 Global Lead-Acid Battery Revenue and Market Share by Application (2019-2024)
2.5.3 Global Lead-Acid Battery Sale Price by Application (2019-2024)
3 Global Lead-Acid Battery by Company
3.1 Global Lead-Acid Battery Breakdown Data by Company
3.1.1 Global Lead-Acid Battery Annual Sales by Company (2019-2024)
3.1.2 Global Lead-Acid Battery Sales Market Share by Company (2019-2024)
3.2 Global Lead-Acid Battery Annual Revenue by Company (2019-2024)
3.2.1 Global Lead-Acid Battery Revenue by Company (2019-2024)
3.2.2 Global Lead-Acid Battery Revenue Market Share by Company (2019-2024)
3.3 Global Lead-Acid Battery Sale Price by Company
3.4 Key Manufacturers Lead-Acid Battery Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Lead-Acid Battery Product Location Distribution
3.4.2 Players Lead-Acid Battery Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Lead-Acid Battery by Geographic Region
4.1 World Historic Lead-Acid Battery Market Size by Geographic Region (2019-2024)
4.1.1 Global Lead-Acid Battery Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Lead-Acid Battery Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Lead-Acid Battery Market Size by Country/Region (2019-2024)
4.2.1 Global Lead-Acid Battery Annual Sales by Country/Region (2019-2024)
4.2.2 Global Lead-Acid Battery Annual Revenue by Country/Region (2019-2024)
4.3 Americas Lead-Acid Battery Sales Growth
4.4 APAC Lead-Acid Battery Sales Growth
4.5 Europe Lead-Acid Battery Sales Growth
4.6 Middle East & Africa Lead-Acid Battery Sales Growth
5 Americas
5.1 Americas Lead-Acid Battery Sales by Country
5.1.1 Americas Lead-Acid Battery Sales by Country (2019-2024)
5.1.2 Americas Lead-Acid Battery Revenue by Country (2019-2024)
5.2 Americas Lead-Acid Battery Sales by Type
5.3 Americas Lead-Acid Battery Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Lead-Acid Battery Sales by Region
6.1.1 APAC Lead-Acid Battery Sales by Region (2019-2024)
6.1.2 APAC Lead-Acid Battery Revenue by Region (2019-2024)
6.2 APAC Lead-Acid Battery Sales by Type
6.3 APAC Lead-Acid Battery Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Lead-Acid Battery by Country
7.1.1 Europe Lead-Acid Battery Sales by Country (2019-2024)
7.1.2 Europe Lead-Acid Battery Revenue by Country (2019-2024)
7.2 Europe Lead-Acid Battery Sales by Type
7.3 Europe Lead-Acid Battery Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Lead-Acid Battery by Country
8.1.1 Middle East & Africa Lead-Acid Battery Sales by Country (2019-2024)
8.1.2 Middle East & Africa Lead-Acid Battery Revenue by Country (2019-2024)
8.2 Middle East & Africa Lead-Acid Battery Sales by Type
8.3 Middle East & Africa Lead-Acid Battery Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Lead-Acid Battery
10.3 Manufacturing Process Analysis of Lead-Acid Battery
10.4 Industry Chain Structure of Lead-Acid Battery
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Lead-Acid Battery Distributors
11.3 Lead-Acid Battery Customer
12 World Forecast Review for Lead-Acid Battery by Geographic Region
12.1 Global Lead-Acid Battery Market Size Forecast by Region
12.1.1 Global Lead-Acid Battery Forecast by Region (2025-2030)
12.1.2 Global Lead-Acid Battery Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Lead-Acid Battery Forecast by Type
12.7 Global Lead-Acid Battery Forecast by Application
13 Key Players Analysis
13.1 Johnson Controls
13.1.1 Johnson Controls Company Information
13.1.2 Johnson Controls Lead-Acid Battery Product Portfolios and Specifications
13.1.3 Johnson Controls Lead-Acid Battery Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Johnson Controls Main Business Overview
13.1.5 Johnson Controls Latest Developments
13.2 Exide Technologies
13.2.1 Exide Technologies Company Information
13.2.2 Exide Technologies Lead-Acid Battery Product Portfolios and Specifications
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