Global Lead Acid Battery Market 2022-2032 by Product Type (Motive, Stationary, SLI), Technology (Basic, Advanced), Construction Method (Flooded, VRLA), Charging Method (Constant Voltage, Constant Current), Application (Transportation, Industrial, Utility, Commercial & Residential), Sales Channel (OEM, Aftermarket), and Region: Trend Forecast and Growth Opportunity

December 2023 | 171 pages | ID: G78719578A51EN
GMD Research

Abstracts

Global lead acid battery market will reach $82.61 billion by 2032, growing by 5.8% annually over 2022-2032. The growth is driven by a growing renewable energy production, the increased demand for energy storage systems, increasing SLI applications in automotive industries, and advanced battery technology for electrical devices and equipment.

Highlighted with 83 tables and 82 figures, this 171-page report “Global Lead Acid Battery Market 2022-2032 by Product Type (Motive, Stationary, SLI), Technology (Basic, Advanced), Construction Method (Flooded, VRLA), Charging Method (Constant Voltage, Constant Current), Application (Transportation, Industrial, Utility, Commercial & Residential), Sales Channel (OEM, Aftermarket), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global lead acid battery market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global lead acid battery market in every aspect of the classification from perspectives of Product Type, Technology, Construction Method, Charging Method, Application, Sales Channel, and Region.

Based on Product Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Motive Batteries
• Stationary Batteries
• Starting-Light-Ignition (SLI) Batteries

Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Basic Lead Acid Battery
• Advanced Lead Acid Battery

By Construction Method, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Flooded Batteries
• Valve-Regulated Lead-Acid (VRLA) Batteries

By Charging Method, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Constant Voltage Charging
• Constant Current Charging

By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Transportation
• Industrial
• Utility
• Commercial & Residential
• Other Applications

By Sales Channel, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• OEM
• Aftermarket

Geographically, the following regions together with the listed national/local markets are fully investigated:

• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Turkey, Saudi Arabia, South Africa, and Rest of MEA)

For each region and country, detailed analysis and annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market by Product Type, Construction Method, and Application over the forecast years are also included.

The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

Amara Raja Batteries Ltd.

C&D Technologies Inc.

Camel Power

Clarios (Formerly Johnson Controls International PLC)

East Penn Manufacturing Company

EnerSys Ltd.

Exide Industries Limited

First National Battery

GS Yuasa International Ltd.

HBL Power Systems Limited

Leoch International Technology Limited

Narada Power Source Co., Ltd.

Panasonic Corporation

Samsung SDI Co., Ltd.

Tesla Inc.

The Furukawa Battery Co., Ltd.

TianJin Lishen Battery Joint-Stock Co., Ltd.

Tianneng Battery Group Co., Ltd.

Trojan Battery Company

VARTA AG

Zhejiang Narada Power Source Co., Ltd.

(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

Contents

1 INTRODUCTION

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
  2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF GLOBAL MARKET BY PRODUCT TYPE

3.1 Market Overview by Product Type
3.2 Motive Batteries
3.3 Stationary Batteries
3.4 Starting-Light-Ignition (SLI) Batteries

4 SEGMENTATION OF GLOBAL MARKET BY TECHNOLOGY

4.1 Market Overview by Technology
4.2 Basic Lead Acid Battery
4.3 Advanced Lead Acid Battery

5 SEGMENTATION OF GLOBAL MARKET BY CONSTRUCTION METHOD

5.1 Market Overview by Construction Method
5.2 Flooded Batteries
5.3 Valve-Regulated Lead-Acid (VRLA) Batteries

6 SEGMENTATION OF GLOBAL MARKET BY CHARGING METHOD

6.1 Market Overview by Charging Method
6.2 Constant Voltage Charging
6.3 Constant Current Charging

7 SEGMENTATION OF GLOBAL MARKET BY APPLICATION

7.1 Market Overview by Application
7.2 Transportation
7.3 Industrial
7.4 Utility
7.5 Commercial & Residential
7.6 Other Applications

8 SEGMENTATION OF GLOBAL MARKET BY SALES CHANNEL

8.1 Market Overview by Sales Channel
8.2 OEM
8.3 Aftermarket

9 SEGMENTATION OF GLOBAL MARKET BY REGION

9.1 Geographic Market Overview 2022-2032
9.2 North America Market 2022-2032 by Country
  9.2.1 Overview of North America Market
  9.2.2 U.S.
  9.2.3 Canada
  9.2.4 Mexico
9.3 European Market 2022-2032 by Country
  9.3.1 Overview of European Market
  9.3.2 Germany
  9.3.3 U.K.
  9.3.4 France
  9.3.5 Spain
  9.3.6 Italy
  9.3.7 Netherlands
  9.3.8 Rest of European Market
9.4 Asia-Pacific Market 2022-2032 by Country
  9.4.1 Overview of Asia-Pacific Market
  9.4.2 Japan
  9.4.3 China
  9.4.4 Australia
  9.4.5 India
  9.4.6 South Korea
  9.4.7 Rest of APAC Region
9.5 South America Market 2022-2032 by Country
  9.5.1 Argentina
  9.5.2 Brazil
  9.5.3 Chile
  9.5.4 Rest of South America Market
9.6 MEA Market 2022-2032 by Country
  9.6.1 Turkey
  9.6.2 Saudi Arabia
  9.6.3 South Africa
  9.6.4 Other National Markets

10 COMPETITIVE LANDSCAPE

10.1 Overview of Key Vendors
10.2 New Product Launch, Partnership, Investment, and M&A
10.3 Company Profiles
Amara Raja Batteries Ltd.
C&D Technologies Inc.
Camel Power
Clarios (Formerly Johnson Controls International PLC)
East Penn Manufacturing Company
EnerSys Ltd.
Exide Industries Limited
First National Battery
GS Yuasa International Ltd.
HBL Power Systems Limited
Leoch International Technology Limited
Narada Power Source Co., Ltd.
Panasonic Corporation
Samsung SDI Co., Ltd.
Tesla Inc.
The Furukawa Battery Co., Ltd.
TianJin Lishen Battery Joint-Stock Co., Ltd.
Tianneng Battery Group Co., Ltd.
Trojan Battery Company
VARTA AG
Zhejiang Narada Power Source Co., Ltd.
RELATED REPORTS

List Of Tables

LIST OF TABLES

Table 1. Snapshot of Global Lead Acid Battery Market in Balanced Perspective, 2022-2032
Table 2. World Economic Outlook, 2021-2031
Table 3. World Economic Outlook, 2021-2023
Table 4. Scenarios for Economic Impact of Ukraine Crisis
Table 5. Main Product Trends and Market Opportunities in Global Lead Acid Battery Market
Table 6. Global Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 7. Global Lead Acid Battery Market by Technology, 2022-2032, $ mn
Table 8. Global Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 9. Global Lead Acid Battery Market by Charging Method, 2022-2032, $ mn
Table 10. Global Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 11. Global Lead Acid Battery Market by Sales Channel, 2022-2032, $ mn
Table 12. Global Lead Acid Battery Market by Region, 2022-2032, $ mn
Table 13. Leading National Lead Acid Battery Market, 2022 and 2032, $ mn
Table 14. North America Lead Acid Battery Market by Country, 2022-2032, $ mn
Table 15. U.S. Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 16. U.S. Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 17. U.S. Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 18. Canada Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 19. Canada Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 20. Canada Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 21. Mexico Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 22. Mexico Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 23. Mexico Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 24. Europe Lead Acid Battery Market by Country, 2022-2032, $ mn
Table 25. Germany Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 26. Germany Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 27. Germany Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 28. U.K. Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 29. U.K. Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 30. U.K. Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 31. France Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 32. France Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 33. France Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 34. Spain Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 35. Spain Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 36. Spain Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 37. Italy Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 38. Italy Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 39. Italy Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 40. Netherlands Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 41. Netherlands Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 42. Netherlands Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 43. Lead Acid Battery Market in Rest of Europe by Country, 2022-2032, $ mn
Table 44. APAC Lead Acid Battery Market by Country, 2022-2032, $ mn
Table 45. Japan Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 46. Japan Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 47. Japan Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 48. China Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 49. China Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 50. China Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 51. Australia Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 52. Australia Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 53. Australia Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 54. India Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 55. India Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 56. India Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 57. South Korea Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 58. South Korea Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 59. South Korea Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 60. Lead Acid Battery Market in Rest of APAC by Country/Region, 2022-2032, $ mn
Table 61. South America Lead Acid Battery Market by Country, 2022-2032, $ mn
Table 62. Argentina Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 63. Argentina Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 64. Argentina Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 65. Brazil Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 66. Brazil Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 67. Brazil Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 68. Chile Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 69. Chile Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 70. Chile Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 71. MEA Lead Acid Battery Market by Country, 2022-2032, $ mn
Table 72. Turkey Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 73. Turkey Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 74. Turkey Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 75. Saudi Arabia Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 76. Saudi Arabia Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 77. Saudi Arabia Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 78. South Africa Lead Acid Battery Market by Product Type, 2022-2032, $ mn
Table 79. South Africa Lead Acid Battery Market by Construction Method, 2022-2032, $ mn
Table 80. South Africa Lead Acid Battery Market by Application, 2022-2032, $ mn
Table 81. Amara Raja Batteries Ltd.: Company Snapshot
Table 82. Amara Raja Batteries Ltd.: Business Segmentation
Table 83. Amara Raja Batteries Ltd.: Product Portfolio

List Of Figures

LIST OF FIGURES

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032
Figure 4. Global Lead Acid Battery Market, 2022-2032, $ mn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of Global Lead Acid Battery Market
Figure 7. World Electric Vehicle Market, 2019-2030, $ bn
Figure 8. World Electric Vehicle Market, 2019-2030, million units
Figure 9. Renewable Electricity Capacity Growth by Region/Country, 2015-2020 and 2022-2027, GW
Figure 10. Primary Restraints and Impact Factors of Global Lead Acid Battery Market
Figure 11. Investment Opportunity Analysis
Figure 12. Porter’s Fiver Forces Analysis of Global Lead Acid Battery Market
Figure 13. Breakdown of Global Lead Acid Battery Market by Product Type, 2022-2032, % of Revenue
Figure 14. Global Addressable Market Cap in 2023-2032 by Product Type, Value ($ mn) and Share (%)
Figure 15. Global Lead Acid Battery Market by Product Type: Motive Batteries, 2022-2032, $ mn
Figure 16. Global Lead Acid Battery Market by Product Type: Stationary Batteries, 2022-2032, $ mn
Figure 17. Global Lead Acid Battery Market by Product Type: Starting-Light-Ignition (SLI) Batteries, 2022-2032, $ mn
Figure 18. Breakdown of Global Lead Acid Battery Market by Technology, 2022-2032, % of Sales Revenue
Figure 19. Global Addressable Market Cap in 2023-2032 by Technology, Value ($ mn) and Share (%)
Figure 20. Global Lead Acid Battery Market by Technology: Basic Lead Acid Battery, 2022-2032, $ mn
Figure 21. Global Lead Acid Battery Market by Technology: Advanced Lead Acid Battery, 2022-2032, $ mn
Figure 22. Breakdown of Global Lead Acid Battery Market by Construction Method, 2022-2032, % of Sales Revenue
Figure 23. Global Addressable Market Cap in 2023-2032 by Construction Method, Value ($ mn) and Share (%)
Figure 24. Global Lead Acid Battery Market by Construction Method: Flooded Batteries, 2022-2032, $ mn
Figure 25. Global Lead Acid Battery Market by Construction Method: Valve-Regulated Lead-Acid (VRLA) Batteries, 2022-2032, $ mn
Figure 26. Breakdown of Global Lead Acid Battery Market by Charging Method, 2022-2032, % of Revenue
Figure 27. Global Addressable Market Cap in 2023-2032 by Charging Method, Value ($ mn) and Share (%)
Figure 28. Global Lead Acid Battery Market by Charging Method: Constant Voltage Charging, 2022-2032, $ mn
Figure 29. Global Lead Acid Battery Market by Charging Method: Constant Current Charging, 2022-2032, $ mn
Figure 30. Breakdown of Global Lead Acid Battery Market by Application, 2022-2032, % of Revenue
Figure 31. Global Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%)
Figure 32. Global Lead Acid Battery Market by Application: Transportation, 2022-2032, $ mn
Figure 33. Global Lead Acid Battery Market by Application: Industrial, 2022-2032, $ mn
Figure 34. Global Lead Acid Battery Market by Application: Utility, 2022-2032, $ mn
Figure 35. Global Lead Acid Battery Market by Application: Commercial & Residential, 2022-2032, $ mn
Figure 36. Global Lead Acid Battery Market by Application: Other Applications, 2022-2032, $ mn
Figure 37. Breakdown of Global Lead Acid Battery Market by Sales Channel, 2022-2032, % of Revenue
Figure 38. Global Addressable Market Cap in 2023-2032 by Sales Channel, Value ($ mn) and Share (%)
Figure 39. Global Lead Acid Battery Market by Sales Channel: OEM, 2022-2032, $ mn
Figure 40. Global Lead Acid Battery Market by Sales Channel: Aftermarket, 2022-2032, $ mn
Figure 41. Global Market Snapshot by Region
Figure 42. Geographic Spread of Worldwide Lead Acid Battery Market, 2022-2032, % of Sales Revenue
Figure 43. Global Addressable Market Cap in 2023-2032 by Region, Value ($ mn) and Share (%)
Figure 44. North American Lead Acid Battery Market, 2022-2032, $ mn
Figure 45. Breakdown of North America Lead Acid Battery Market by Country, 2022 and 2032, % of Revenue
Figure 46. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 47. U.S. Lead Acid Battery Market, 2022-2032, $ mn
Figure 48. Canada Lead Acid Battery Market, 2022-2032, $ mn
Figure 49. Lead Acid Battery Market in Mexico, 2022-2032, $ mn
Figure 50. European Lead Acid Battery Market, 2022-2032, $ mn
Figure 51. Breakdown of European Lead Acid Battery Market by Country, 2022 and 2032, % of Revenue
Figure 52. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 53. Lead Acid Battery Market in Germany, 2022-2032, $ mn
Figure 54. Lead Acid Battery Market in U.K., 2022-2032, $ mn
Figure 55. Lead Acid Battery Market in France, 2022-2032, $ mn
Figure 56. Lead Acid Battery Market in Spain, 2022-2032, $ mn
Figure 57. Lead Acid Battery Market in Italy, 2022-2032, $ mn
Figure 58. Lead Acid Battery Market in Netherlands, 2022-2032, $ mn
Figure 59. Lead Acid Battery Market in Rest of Europe, 2022-2032, $ mn
Figure 60. Asia-Pacific Lead Acid Battery Market, 2022-2032, $ mn
Figure 61. Breakdown of APAC Lead Acid Battery Market by Country, 2022 and 2032, % of Revenue
Figure 62. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 63. Lead Acid Battery Market in Japan, 2022-2032, $ mn
Figure 64. Lead Acid Battery Market in China, 2022-2032, $ mn
Figure 65. Lead Acid Battery Market in Australia, 2022-2032, $ mn
Figure 66. Lead Acid Battery Market in India, 2022-2032, $ mn
Figure 67. Lead Acid Battery Market in South Korea, 2022-2032, $ mn
Figure 68. Lead Acid Battery Market in Rest of APAC, 2022-2032, $ mn
Figure 69. South America Lead Acid Battery Market, 2022-2032, $ mn
Figure 70. Breakdown of South America Lead Acid Battery Market by Country, 2022 and 2032, % of Revenue
Figure 71. Contribution to South America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 72. Lead Acid Battery Market in Argentina, 2022-2032, $ mn
Figure 73. Lead Acid Battery Market in Brazil, 2022-2032, $ mn
Figure 74. Lead Acid Battery Market in Chile, 2022-2032, $ mn
Figure 75. Lead Acid Battery Market in Rest of South America, 2022-2032, $ mn
Figure 76. Lead Acid Battery Market in Middle East and Africa (MEA), 2022-2032, $ mn
Figure 77. Breakdown of MEA Lead Acid Battery Market by Country, 2022 and 2032, % of Revenue
Figure 78. Contribution to MEA 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 79. Lead Acid Battery Market in Turkey, 2022-2032, $ mn
Figure 80. Lead Acid Battery Market in Saudi Arabia, 2022-2032, $ mn
Figure 81. Lead Acid Battery Market in South Africa, 2022-2032, $ mn
Figure 82. Growth Stage of Global Lead Acid Battery Industry over the Forecast Period