batteries are divided into two major classes, vented Lead-acid batteries (spillable) and valve regulated Lead-acid (VRLA)
batteries (non-spillable or sealed).
Lead-acid batteries are majorly used in passenger cars, motorcycles, trucks, UPS and solar power storage. The demand
for passenger vehicles has considerably increased in the recent years and will continue to rise in future as well. This in
turn will surge the demand for Lead-acid batteries and boost the Lead-acid battery market.
Manufacturing and automobile sectors are witnessing momentous growth with the use of Lead-acid batteries, which
drive the demand for stationary batteries for power backup and for deep-cycle batteries for wheeled mobility like
wheelchairs, golf cars and scissor lifts. However, illegal and improper disposal of Lead-acid batteries causes
environmental pollution due to high lead content. Manufacturing process improvements in recycling of Lead-acid
batteries bring opportunities to lower adverse impact on the environment.
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Conversely, strict emissions standards and inclination towards lithium-ion batteries evident hindrances for the growth
of Lead-acid battery market. However, the growing demand from the telecommunication segment is anticipated to
bring lucrative opportunities in Lead-acid battery market. The market is categorized on the basis of product,
construction method, application, and geography. On the basis of products, market is divided into stationary, motive
and SLI. Based on construction method, market is divided into flooded, VRLA.
Based on application, Lead-acid battery market is divided into motive industrial, stationary industrial, residential,
commercial, automotive, telecommunication, transport vehicles, electric bikes, grid storage, UPS, other applications.
Geographically, the market is segmented as North America, Europe, Asia Pacific, and Middle East & Africa. Owing to
the speedy industrialization, Asia Pacific is predicted to register larger share market in the forecast period.
The prominent players in Lead-acid battery market comprise Exide Technologies, ATLASBX Co., Ltd., B.B. Battery Co.,
Ltd., C&D Technologies, Inc., Chloride Batteries S E Asia Pte. Ltd., Crown Battery, Leoch International Technology Ltd.,
CSB Battery Co., Ltd., Johnson Controls, East Penn Manufacturing, Nipress, NorthStar, Panasonic Corporation, Zibo
Torch Energy Co., Ltd., EnerSys, and Fujian Quanzhou Dahua Battery Co., Ltd.
Market Segment:
The market is divided into the following segments based on geography:
• Americas
• APAC