Lead Acid Battery: Technologies and Global Markets

Publish Date: May 2019 | Category: Electronics & Semiconductor | Publisher: BCC Research | Status: Publish

The global market for lead-acid batteries should grow from $48.5 billion in 2019 to reach $78.7 billion by 2024 at a compound annual growth rate (CAGR) of 10.2% for the period of 2019-2024.

Report Scope:

The scope of this market study includes the leading lead-acid battery technologies that are currently in use globally. Lead-acid battery technologies are used across a number of industries and applications, such as automotive, renewable energy and telecommunications. The lead-acid battery technologies discussed in this report are in use across the industries mentioned above and many more as well, as new sectors driven by product innovation and end-user applications emerge.

The market analysis provided in this report is based on a variety of data sources. These include the most recent government, industry, academic and company data regarding the projected level of demand for lead-acid battery technologies. This report quantifies lead-acid battery technologies used across different applications and the different types of lead-acid battery types manufactured for these applications. Therefore, this report provides a comprehensive review of available data to provide a realistic and accurate assessment of this evolving market.

BCC Research analyzes each major lead-acid battery technology, determines its current market status, examines its impact on future markets, and presents forecasts of growth over the next five years. Estimated values used are based on manufacturers’ total revenues. Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation. Technological issues, including the latest trends, are assessed and discussed, as are the current and likely-to-appear regulatory environments in support of this industry.

BCC Research analyzes the industry on a worldwide basis in terms of its manufacturing and use of lead-acid battery technologies. BCC Research examines government roles in support of lead-acid battery technologies worldwide, including regulatory support and government requirements. The report provides a review of the most relevant lead-acid battery technologies, discusses recent trends and sales and provides industry overviews and market assessments for leading lead-acid battery technologies.

Report Includes:

- 52 data tables and 15 additional tables
- Evaluation of the global lead-acid battery market and assesment of its growth potential
- Detailed description of construction of lead acid batteries and factors influencing battery life
- Information on different types of lead batteries such as enhanced flooded batteries, flooded batteries, and VRLA batteries.
- Insight into safety and environmental consideration regarding the usage of lead acid batteries
- Company profiles of major players in the industry, including Amara Raja Batteries Ltd., Banner Batteries, Camel Group, Daramic LLC and Exide Technologies

Summary

The global lead-acid battery technology market is valued at REDACTED in 2019, up from REDACTED in 2018, and is forecast to grow at a compound annual growth rate (CAGR) of REDACTED over the five-year forecast period to reach REDACTED by 2024. The market will experience growth as a result of multiple factors. These include increasing demand in the transport sector, as vehicle sales increase and electric vehicles become more popular; UPS systems and inverters in several applications; advancements in manufacturing processes, including rising automation, which will translate into more equipment requiring led batteries; and demand in industrial sectors, including oil and gas (O&G), manufacturing,
chemical and healthcare. New emerging applications, such as in the renewable energy sector, are creating demand for stationary lead-acid batteries in large-scale storage applications, off-grid renewable energy storage and residential storage, which are expected to boost market growth.

The flooded lead-acid battery technology sub-market is the largest by construction type and is forecast to be worth REDACTED in 2019, from REDACTED in 2018. It is forecast to grow at a CAGR of REDACTED between 2019 and 2024 to reach a market value of REDACTED. Flooded lead-acid batteries are widely used in the automotive sector, from motor vehicles, trucks, motorbikes and other vehicles such as forklifts, airport baggage carts and other industrial and commercial vehicle types. A growing inclination for pollution-free electric vehicles, coupled with technological developments, is expected to fuel product demand over the upcoming years. Flooded lead-acid batteries have the least cost per ampere hour vis-àvis any other lead-acid battery type. The automotive sector will also be a key driver of growth as electric vehicles become more popular over the forecast period driving demand for batteries.

Table of Contents

Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports

Chapter 2 Summary and Highlights

Chapter 3 Market and Technology Background
What is a Battery?
Brief History of Lead-Acid Batteries
Conventional Batteries
How Rechargeable Batteries Work
Design Overview
Configuration of Cells in a Battery Pack
Battery Pack Structural Design
Cell Protection
Battery Pack Control (Monitoring and Management)
Battery Pack Use
Lead-Acid Batteries
Lead-Acid Battery Composition
How A Lead-Acid Battery Works
Design of Modern Lead-Acid Batteries
Construction of Lead-Acid Batteries
Types of Lead-Acid Batteries
Types of Lead-Acid Battery by Construction
Comparison of Lead-Acid vs. Lithium-Ion Batteries

Chapter 4 Market Breakdown by Construction Type
Flooded Lead-Acid Battery Market
VRLA Lead-Acid Battery Market

Chapter 5 Market Breakdown by Distribution Channel
Aftermarket Lead-Acid Battery Market
OEM Lead-Acid Battery Market

Chapter 6 Market Breakdown by Product Type
SLI Battery Market
Motive Lead-Acid Battery Market
Stationary Lead-Acid Battery Market

Chapter 7 Market Breakdown by Application
Transportation Lead-Acid Battery Market
Industrial Lead-Acid Battery Market
Telecommunications Lead-Acid Battery Market
UPS Lead-Acid Battery Market
Utility and Energy Lead-Acid Battery Market
Oil and Gas and Mining Lead-Acid Battery Market
Other Applications of Lead-Acid Batteries

Chapter 8 Market Breakdown by Region
Asia-Pacific Lead-Acid Battery Market
Chinese Lead-Acid Battery Market
Japanese Lead-Acid Battery Market
Indian Lead-Acid Battery Market
South Korean Lead-Acid Battery Market
Thai Lead-Acid Battery Market
Rest of Asia-Pacific Lead-Acid Battery Market
North American Lead-Acid Battery Market
U.S. Lead-Acid Battery Market
Canadian Lead-Acid Battery Market
Mexican Lead-Acid Battery Market
European Lead-Acid Battery Market
German Lead-Acid Battery Market
Italian Lead-Acid Battery Market
French Lead-Acid Battery Market
U.K. Lead-Acid Battery Market
Swedish Lead-Acid Battery Market
Czech Lead-Acid Battery Market
Spanish Lead-Acid Battery Market
Rest of Europe Lead-Acid Battery Market
Latin American Lead-Acid Battery Market
Brazilian Lead-Acid Battery Market
Argentine Lead-Acid Battery Market
Chilean Lead-Acid Battery Market
Rest of Latin America’s Lead-Acid Battery Market
Middle East and African Lead-Acid Battery Market
Saudi Arabian Lead-Acid Battery Market
Egyptian Lead-Acid Battery Market
South African Lead-Acid Battery Market
Rest of Middle East and African Lead-Acid Battery Market

Chapter 9 Patent Review and New Developments
Trends Over Time
Patent Review by Company
Patent Review by Country
Patent Review by Type

Chapter 10 Analysis of Market Opportunities
Lead-Acid Battery Market Trends
Lead-Acid Market Drivers
Lead-Acid Market Constraints
Lead-Acid Battery Competitive Landscape
Legislative Landscape

Chapter 11 Company Profiles
ACDELCO
AMARA RAJA BATTERIES LTD.
ATLASBX CO. LTD.
B.B. BATTERY CO. LTD.
BANNER BATTERIES
BAE BATTERIEN
C&D TECHNOLOGIES INC.
CAMEL GROUP
CGB
CHAOWEI POWER
CHINA RITAR POWER CORP.
CHINA SHOTO PLC
CHLORIDE BATTERIES SE ASIA PTE. LTD.
CHUANXI STORAGE
COSLIGHT TECHNOLOGY
CONTINENTAL BATTERIES
CROWN BATTERY MANUFACTURING CO.
CSB BATTERY TECHNOLOGIES INC.
DAEJIN BATTERY CO. LTD.
DARAMIC LLC
EAST PENN MANUFACTURING
ENERSYS
EXIDE TECHNOLOGIES
FIAMM S.P.A.
FIRST NATIONAL BATTERY
FUJIAN QUANZHOU DAHUA BATTERY CO. LTD.
FURUKAWA BATTERY
GS YUASA INTERNATIONAL
HAGEN BATTERIE AG
HAZE BATTERY CO. LTD.
HBL
HENAN HUANYU GROUP CO. LTD.
HITACHI CHEMICAL ENERGY TECHNOLOGYCO. LTD.
HOPPECKE BATTERIEN GMBH & CO. KG
HYUNDAI SUNGWOO SOLITE CO. LTD.
IQ POWER AG
JIANGSU HUAFU ENERGY
JOHNSON CONTROLS INC.
KOREA SPECIAL BATTERY CO. LTD.
LECLANCHÉ GMBH
LEOCH INTERNATIONAL TECHNOLOGY LTD.
LG CHEM
MICROTEX ENERGY
MIDAC S.P.A.
MIDDLE EAST BATTERY CO.
NARADA POWER SOURCE CO. LTD.
NIPRESS
NORTHSTAR BATTERY CO. LLC
PANASONIC CORP.
PT CENTURY BATTERIES INDONESIA
REEM BATTERIES & POWER APPLIANCES CO. SAOC
ROBERT BOSCH GMBH
SHANDONG RUIYU STORAGE BATTERY CO. LTD.
SACRED SUN POWER SOURCES
SAFT GROUPE S.A.
SAMSUNG SDI CO. LTD.
SEBANG GLOBAL BATTERY CO. LTD.
SHIN-KOBE ELECTRIC MACHINERY CO. LTD.
STORAGE BATTERY SYSTEMS
TAI MAO BATTERY CO., LTD.
TIANJIN LISHEN BATTERY CO. LTD.
TIANNENG POWER INTERNATIONAL LTD.
THAI BELLCO BATTERY CO. LTD.
TROJAN BATTERY
XTREME POWER
ZHEJIANG NARADA POWER SOURCE CO. LTD.
ZIBO TORCH ENERGY CO. LTD.

Chapter 12 Appendix: Abbreviations

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