Lead Acid Battery Market Analysis Report and Forecasts 2014 to 2021
The Lead Acid Battery Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend & Growth during the study period (Upto 2021).
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Lead–acid battery are the oldest type of rechargeable batteries. It has ability to supply high surge current despite having very low energy to weight ratio and a low energy to volume ratio, means that the cells have relatively large power to weight ratio. Along with their low cost, makes it attractive for use in motor vehicles to provide the high current required by automobile starter motors.
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This report examines the global lead acid battery market and provides information regarding the revenue (USD Million) for the period 2014 to 2021. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
A. Drivers :
– Increasing population and increasing globalization there is a tremendous increase in consumption of power.
– Rising demand for hybrid and electric vehicles.
B. Restraints :
– Alternative power source such as lithium-ion batteries and the rising demand for low-cost, efficient batteries is a restraining factor for market of lead acid battery.
– Corrosion of external metal parts due to chemical reaction of the battery terminals, lugs and connectors.
– Risks of explosion due to overcharging of batteries.
Lead acid battery market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, and availability of raw materials, competition, and other factors such as social and legal constraints.
C. Major player assessed in the report are :
– Exide Technology
– Johnson Controls Inc.
– Dixon batteries
– Victron Energy
– Barden UK Ltd
– Su-Kam Power Systems
In terms of geography, the lead acid battery market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
D. SEGMENTATIONS IN REPORT :
1. Lead Acid Battery Market by Type :
– Engine Starting
– Motive Power
– Standby Power
– Valve Regulated Lead acid battery
2. Lead Acid Battery Market by Application :
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