QYR Market Research Global Lead-acid Battery market research | Page 5

QYResearch
• On the basis of applications the market is segmented as automotive
starter, motorcycles and electric bikes, forklifts and other vehicles
and UPS. Automotive Starter and Motorcycles and Electric Bikes
segments collectively contributed to the 70.68% of market
consumptions in 2016.
• In the future, global market is expected to witness significant growth
on account of rising applications, so in the next few years, lead acid
batteries production will show a trend of steady growth. Global sealed
lead acid battery market is projected to reach USD 70984.58 Million
by 2023 at an estimated CAGR of 5.65% during the forecast period.
Click to view the full report:
https://www.qyresearch.com/index/detail/661313/global-
lead-acid-battery-market
www.qyresearch.com