Global Market Research Company US India Lead Acid Battery Market Forecast and Opport | Page 6

Product Overview
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Battery is a chargeable stationary or mobile energy storage device that converts chemical energy into
electrical energy. Major application areas of batteries include automobile, telecom, renewable energy, etc.,
where direct grid connected power sources are unavailable for electricity generation. Batteries can further be
classified into primary and secondary batteries.
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Lead acid battery is a battery storage solution which was first developed in 1859. The essential material used
in the manufacturing of lead acid batteries include:
➢ Lead Peroxide (PbO 2 ), which serves as the positive plate
➢ Sponge Lead (Pb), which serves as the negative plate
➢ Dilute Sulfuric Acid
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Generally, lead acid batteries have a low energy-to-weight ratio as well as low energy-to-volume ratio.
However, these types of batteries have the ability to carry high surge currents. Additionally, lead acid batteries
are low-cost batteries, making them ideal to be used in various types of products.
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