Orion Market Research Report Lead-acid Battery Market
Orion Market Research
Lead Acid Battery, by Types (Flooded Lead Acid Batteries, Sealed Lead Acid
Batteries, AGM Lead Acid Batteries, Gel Sealed Lead Acid Batteries, Deep Cycle
Lead Acid Batteries), by Components (Plates, Separators, Electrolyte,
Container), by End-Users (Automotive, Industrial, Healthcare, Energy Sector,
Consumer) – Global Trends, Market Size, Share, Growth, Research and Forecast
2018-2023
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According to OMR analysis, the Global Lead-Acid Battery Market is estimated to grow with a high CAGR during
the forecast period (2018-2023). The Lead-Acid Battery is a rechargeable battery. Despite having low energy to
volume ratio, its ability to supply high surge currents means that the cells have a relatively large power to weight
ratio. The major factor that augment the global lead-acid battery market is increasing demand of lead acid
battery in the automobile sector, rising usage in power sector, low cost of the lead acid battery.