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The Lead Acid Battery Market report segments the industry into Application (SLI (Starting, Lighting, Ignition) Batteries, Stationary Batteries (Telecom, UPS, Energy Storage Systems (ESS), etc.), Portable Batteries (Consumer Electronics, etc.), Other Applications), Technology (Flooded, VRLA (Valve Regulated Lead-acid)), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, South America).
In 2022, Clarios accounted for a market share of approximately 24 percent of the global lead-acid battery market. The battery manufacturing company is headquartered in the United States.
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The global lead acid battery market size reached USD 35.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 48.7 Billion by 2033, exhibiting a growth rate (CAGR) of 3.55% during 2025-2033. The growing need for power backup in critical infrastructures, rising demand for batteries that deliver high current in a short time, and increasing preference for renewable energy sources are fueling the growth of the market.
Report Attribute
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Key Statistics
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Base Year
| 2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 35.6 Billion |
Market Forecast in 2033 | USD 48.7 Billion |
Market Growth Rate 2025-2033 | 3.55% |
IMARC Group provides an analysis of the key trends in each segment of the global lead acid battery market report, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on product, construction method, sales channel, and application.
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The Europe Lead-Acid Battery Market report segments the industry into Application (SLI (Starting, Lighting, Ignition) Batteries, Stationary Batteries (Telecom, UPS, Energy Storage Systems (ESS), etc.), Portable Batteries (Consumer Electronics, etc.), Other Applications), Technology (Flooded, VRLA (Valve Regulated Lead-acid)), and Geography (Germany, United Kingdom, France, Spain, Italy, NORDIC, Turkey, Russia, Rest of Europe).
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The automotive lead acid battery market is projected to grow from USD 31.26 billion in 2025 to USD 52.40 billion by 2035, registering a CAGR of 5.3% during the forecast period.
Metric | Value |
---|---|
Industry Size (2025E) | USD 31.26 billion |
Industry Value (2035F) | USD 52.40 billion |
CAGR (2025 to 2035) | 5.3% |
Country-wise Insights
Country | CAGR (2025 to 2035) |
---|---|
United States | 5.4% |
Country | CAGR (2025 to 2035) |
---|---|
United Kingdom | 5.1% |
Region | CAGR (2025 to 2035) |
---|---|
European Union | 5.3% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 5.2% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 5.3% |
Competitive Outlook: Automotive Lead Acid Battery Market
Company Name | Estimated Market Share (%) |
---|---|
Johnson Controls ( Clarios ) | 16-20% |
Exide Technologies | 13-16% |
GS Yuasa Corporation | 9-12% |
East Penn Manufacturing | 7-10% |
EnerSys | 5-8% |
Other Companies (combined) | 40-50% |
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India Lead Acid Battery Market was valued at USD 2.01 Billion in 2025 and is expected to reach USD 3.06 Billion by 2031 with a CAGR of 7.10% during the forecast period.
Pages | 89 |
Market Size | 2025:USD 2.01 Billion |
Forecast Market Size | 2031: USD 3.06 Billion |
CAGR | 2026-2031: 7.10% |
Fastest Growing Segment | Industrial |
Largest Market | South India |
Key Players | 1. GS Yuasa Corporation 2. Exide Industries Limited 3. EnerSys 4. East Penn Manufacturing Company 5. Amara Raja Energy & Mobility Limited 6. Leoch International Technology Limited 7. C&D Technologies, Inc. 8. NorthStar Battery Company LLC |
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The market is segmented by Application (SLI (Starting, Lighting, and Ignition) Batteries, Stationary Batteries (Telecom, UPS, Energy Storage Systems (ESS), etc.), Portable Batteries (Consumer Electronics, etc.), and Other Applications), by Geography (United States, Canada, and Rest of North America)
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The global lead acid battery market was valued at USD 59.7 billion in 2023. It is further projected to witness a 4.8% y-o-y growth in 2024 and reach USD 62.6 billion in the same year. It is predicted to record a CAGR of 5.6% from 2024 to 2034, taking the total value to USD 106.8 billion by 2034.
Attributes | Description |
---|---|
Estimated Global Lead Acid Battery Market Size (2024E) | USD 62.6 billion |
Projected Global Lead Acid Battery Market Value (2034F) | USD 106.8 billion |
Value-based CAGR (2024 to 2034) | 5.6% |
Semi-annual Market Update
Particular | Value CAGR |
---|---|
H1 | 5.1% (2023 to 2033) |
H2 | 5.7% (2023 to 2033) |
H1 | 5.3% (2024 to 2034) |
H2 | 5.8% (2024 to 2034 ) |
Country-wise Insights
Countries | CAGR 2024 to 2034 |
---|---|
India | 7.2% |
China | 6.2% |
Japan | 5.3% |
United States | 4.7% |
Germany | 4.0% |
Category-wise Insights
Segment | Flooded Battery (Product Type) |
---|---|
Value Share (2024) | 49.7% |
Segment | Aftermarket (Sales Channels) |
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Value Share (2024) | 63% |
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The global automotive lead-acid battery market size reached USD 13.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 16.4 Billion by 2033, exhibiting a growth rate (CAGR) of 2.11% during 2025-2033. The stringent government regulations aimed at reducing emissions, rising demand for automobiles, the adoption of electric and hybrid vehicles, and rapid technological advancements are some of the factors propelling the market.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
| 2025-2033 |
Historical Years
| 2019-2024 |
Market Size in 2024 | USD 13.6 Billion |
Market Forecast in 2033 | USD 16.4 Billion |
Market Growth Rate 2025-2033 | 2.11% |
IMARC Group provides an analysis of the key trends in each segment of the global automotive lead-acid battery market report, along with forecasts at the global and regional levels from 2025-2033. Our report has categorized the market based on the vehicle type, product, type, and customer segment.
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The motorcycle lead acid battery market size is set to grow from USD 5,976.2 Million in 2025 to USD 9,734.6 Million by 2035, at a rate of 5.1% each year during this time. Motorcycle lead acid batteries are key for powering the electric parts, starting, and lights of old ICE motorcycles, and serve as backup power for battery-driven bikes.
Metric | Value |
---|---|
Market Size (2025E) | USD 5,976.2 Million |
Market Value (2035F) | USD 9,734.6 Million |
CAGR (2025 to 2035) | 5.1% |
Country-wise Insights
Country | CAGR (2025 to 2035) |
---|---|
USA | 4.8% |
Country | CAGR (2025 to 2035) |
---|---|
European Union | 5.0% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 5.1% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 5.2% |
Motorcycle Lead Acid Battery Market - Segmentation Outlook
Vehicle Type | Market Share (2025) |
---|---|
Motorcycles | 68.2% |
Sales Channel | Market Share (2025) |
---|---|
Aftermarket | 72.5% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
GS Yuasa Corporation | 14-17% |
Exide Industries Ltd. | 12-15% |
Clarios (formerly Johnson Controls) | 10-13% |
Amara Raja Batteries Ltd. | 9-12% |
Camel Group Co., Ltd. | 6-9% |
Other Companies (combined) | 34-49% |
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The global lead-acid battery market was valued at USD 37.11 billion in 2021 and is expected to grow at a CAGR of 5.0% during the forecast period.
Industrial Lead-Acid Battery Market Size 2024-2028
The industrial lead-acid battery market size is forecast to increase by USD 6.21 billion at a CAGR of 6.63% between 2023 and 2028.
The market is experiencing significant growth due to several key trends. One of these trends is the increasing focus on sustainability in various industries, leading to a rise In the adoption of green telecom towers. Another trend is the growing number of microgrid installations, which require reliable and efficient energy storage solutions, making lead-acid batteries an attractive option. Additionally, the economics of fuel cell solutions for material handling equipment are improving, potentially challenging the dominance of lead-acid batteries in this sector. However, the market faces challenges such as the availability of alternative energy storage technologies and the increasing competition from lithium-ion batteries.Despite these challenges, the market is expected to grow steadily due to the proven reliability and affordability of lead-acid batteries.
What will be the Size of the Industrial Lead-Acid Battery Market During the Forecast Period?
Request Free SampleThe market encompasses the production and sale of lead-acid batteries used in various industries, primarily for powering electrical loads, voltage stabilizers, charging systems, and UPS systems. Unlike lithium-ion batteries, lead-acid batteries utilize a sulfuric acid electrolyte and contain plates made of metallic lead and metallic lead oxide. These batteries are commonly found in cars as SLI (Starting, Lighting, and Ignition) batteries but also play a crucial role in renewable energy applications, such as solar power projects. Lead-acid batteries are preferred for their reliability, long service life, and ability to handle deep discharge cycles. They are used in a multitude of applications, including vehicles, mini hybrid systems, e-bikes, and off-grid energy labs.Despite the growing popularity of lithium-ion batteries, lead-acid batteries continue to dominate certain sectors due to their cost-effectiveness and proven performance in handling voltage spikes and charging systems. OEMs (Original Equipment Manufacturers) continue to invest in research and development to improve the efficiency and durability of lead-acid batteries, ensuring their relevance In the evolving energy storage landscape.
How is this Industrial Lead-Acid Battery Industry segmented and which is the largest segment?
The industrial lead-acid battery industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ApplicationStationary industrial lead-acid batteriesMotive power industrial lead-acid batteriesTypeFLA batteriesVRLA batteriesGeographyAPACChinaIndiaJapanEuropeGermanyNorth AmericaUSMiddle East and AfricaSouth America
By Application Insights
The stationary industrial lead-acid batteries segment is estimated to witness significant growth during the forecast period.
The industrial stationary battery market is experiencing significant growth due to the increasing demand for reliable power storage and uninterrupted electricity supply in various industries and telecom applications. Valve-regulated lead-acid (VRLA) batteries, including Absorbent Glass Mat (AGM) and Sealed Lead-Acid (SLA), dominate the market. These batteries are commonly used in stationary power systems due to their ease of installation and maintenance. However, their limited cycle count and inability to deep discharge are major concerns. In contrast, mature flooded lead-acid batteries are widely used in large-scale stationary power systems due to their economical and reliable services. Lithium-ion batteries, an emerging technology, offer higher energy density, longer cycle life, and faster charging capabilities.They are increasingly being adopted in stationary power systems, particularly in electric vehicles, renewable energy projects, and telecom towers. The market growth is further driven by the increasing demand for power storage in electric vehicles, renewable energy projects, and telecom sectors, including 4G and 5G services.
Get a glance at the Industrial Lead-Acid Battery Industry report of share of various segments Request Free Sample
The Stationary industrial lead-acid batteries segment was valued at USD 8.85 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 51% to the growth of the global market during the forecast period.
Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market share of various regions, Request Free Sample
In the Asia Pacific (APAC) regio
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The South and Central America Motive Lead-Acid Battery Market size was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, exhibiting a CAGR of 4.00">> 4.00 % during the forecasts periods.Motive lead-acid battery markets in South and Central America account for part of the region's automotive and industrial sectors, with applications in trucks, buses, forklifts, and heavy equipment. Lead-acid batteries have become popular in this region because they are dependable, affordable, and offer enormous amounts of power needed by an engine during startup and for use by an electrical system with demanding requirements. Countries with a notable need for industrial activities and large transportation requirements are Brazil, Mexico, Argentina, and Chile, amongst other nations. Brazil, by virtue of being the largest South American economy, needs motive lead-acid batteries for its large commercial vehicle fleet and manufacturing operations. Notably, its agricultural sector relies on lead-acid motive power for machinery that is needed in the planting of crops and logistics. Likewise, Mexico and Argentina use a great deal of lead in mining and manufacturing, where strong yet affordable power solutions are needed daily for production. Government policies for automotive manufacturing, including ancillary industries, together with other regulatory policies, play a huge role in market determination. Reforms in the areas of incentives for vehicle production and infrastructure development spur the demand for motive lead-acid batteries, thereby supporting local production and imports by global manufacturers. Recent developments include: In November 2022, BorgWarner Inc., an American automotive supplier, announced the production of an ultra-high energy (UHE) battery system AKASystem AKM CYC to serve local customers of Brazil. The start of operations and assembly of the battery systems are planned for the first quarter of 2023., In November 2022, BYD Inc. signed a letter of intent with the local government of Camacari, in the state of Bahia, Brazil, to set up a manufacturing facility for electric vehicles and for processing raw battery materials. The company plans to begin the facility's construction by the end of 2023. The manufacturing plant will have two production lines - one dedicated to raw battery materials preparation and the other focusing on manufacturing electric buses and trucks.. Key drivers for this market are: 4., Declining Lithium-Ion Battery Prices4.; Increasing Adoption Of Electric Vehicles. Potential restraints include: 4., Safety Concerns Related To Lithium-Ion Battery. Notable trends are: Lithium-ion Batteries to Dominate the Market.
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According to Cognitive Market Research, the global lead acid battery market size is USD 43.55 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 4.93% from 2024 to 2031.
The global lead acid battery market will expand significantly by 4.93% CAGR between 2024 to 2031.
Asia-Pacific region held the major market of more than XX% of the global revenue with a market size of USD XX million in 2023 and will grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.
Europe accounted for a share of over XX% of the global market size of USD XX million.
North America held a market of around XX% of the global revenue with a market size of USD XX million in 2023 and will grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.
Latin America's market will have more than XX% of the global revenue with a market size of USD XX million in 2023 and will grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.
Middle East and Africa held the major market of around XX% of the global revenue with a market size of USD XX million in 2023 and will grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.
The SLI lead-acid segment is set to rise due to its use in internal combustion engine ignition systems, lighting, and power starters in automobiles.
The lead acid battery market is driven by the growing need for affordable power backup solutions and the expansion of data centers and the telecommunications industry.
AfterThe aftermarketor held the highest lead acid battery market revenue share in 2023.
Market Dynamics of Lead-Acid Battery:
Key Drivers of the Lead Acid Battery-
Increasing demand for cost-effective power backup systems accelerates Lead Acid Battery market growth-
The lead-acid batteries market is anticipated to develop as a result of the increasing need for power backup systems from a variety of industries, including the oil and gas, automotive, telecom, mining, manufacturing, and chemical industries, among others. For instance, a report published by the KVIC states that the demand for lead-acid batteries has increased significantly as a result of the recent expansion of the automotive industry. The market is estimated to be worth Rs. 1,300 crores and is expanding at a rate of 18 to 20%.
Source- https://www.kviconline.gov.in/pmegp/pmegpweb/docs/commonprojectprofile/Leadacidbattery.pdf
As a result of their accessibility, low initial cost, and high current carrying capacity, they are utilized more frequently than other batteries. Additionally, compared to other acid batteries, lead acid batteries offer higher energy each cycle at a cheaper cost per kilowatt-hour, which eventually translates into reduced operational expenses. These batteries can be recycled, in some nations, the recycling rate exceeds 90 percent, which lowers battery costs, minimizes pollution, and conserves resources. Lead acid batteries are hence the best option for power backup. For instance, according to the Maharashtra Pollution Control Board, Lead recyclers recycled, utilized, and co-processed 53,755 tons of lead in FY 2019–20, according to the returns.
Source- https://mpcb.gov.in/sites/default/files/batteries/BatteriesAnnualreport201920MPCB24052021.pdf
Due to the early rechargeable batteries' lower cost of ownership compared to all current batteries, the lead acid battery market is expected to rise rapidly globally. Lead-acid batteries also work well as surge current carriers, which are the highest input current that an electrical gadget may instantly draw when turned on. Large industrial environments are a perfect fit for lead-acid batteries because very few other batteries can match their surge current capacity.
Lead batteries have established and maintained a position due to their general cost-efficiency, even in situations where surge current is not a major factor. Global market demand may also be fueled by expanding applications in mining activities where they are utilized on headlamps, a necessary piece of gear for miners. Thus, the need for affordable power backup solutions is driving the lead acid battery market's expansion.
Expanding Data Centers and the Telecommunication sector will increase demand for lead acid batteries.
The telecom sector is one of those that has experienced tremendous year-over-year expansion. The i...
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Lead-Acid Battery Market size is expected to be worth around USD 74.1 Bn by 2034, from USD 47.7 Bn in 2024, at a CAGR of 4.5%.
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[235+ Pages Report] The global lead acid battery market size is expected to grow from USD 79.9 billion in 2021 to USD 115.1 billion by 2030, at a CAGR of 2.52% from 2022-2030
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The Report Covers India Lead Acid Battery Manufacturers & Companies and the Market is segmented by Application (SLI (Start, Light, and Ignition) Batteries, Industrial Batteries, and Other Applications).
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The size of the Industrial Lead Acid Battery Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 4.00">> 4.00% during the forecast period. The industrial lead-acid battery market is growing steadily, fully realized for an industrial role and at a reasonable cost. Among all, for the year 2024, the lead-acid batteries will continue to be preferred in telecommunication industries, UPS, and renewable energy systems for energy storage due to their reliable, robust nature, and relatively lower initial investment. A high value has been given to these batteries, particularly in key backup power and energy storage applications, due to their high power output and resistance towards severe operation conditions. Technological improvements in lead-acid battery design are further making it more efficient and long-lasting in service, thereby raising the attraction in the market. Newer designs, such as valve-regulated lead-acid (VRLA) and absorbed glass mat (AGM), offer superior performance and safety features compared to earlier conventional designs. However, the development of recycling processes still continues to help with environmental issues and reduces raw material costs. Some of the challenges faced are competition with other methods of energy storage, like the lithium-ion battery, which has higher energy density and is longer-lasting. However, in spite of all these various challenges, the industrial lead-acid battery market is firm on reliable infrastructural platforms and continued demand for reliable and cost-effective energy storage solutions. Its adaptability and ongoing technological improvements augur well for an upward growth trajectory in the foreseeable years to come. Key drivers for this market are: 4., Presence of Stringent Regulation for Air Quality Management. Potential restraints include: 4., High Capital is Required for the Installation of an Air Quality Control System. Notable trends are: Valve Regulated Battery to Dominate The Market.
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The global lead acid battery market size was valued at around USD 61.16 billion in 2024 and is projected to grow at a CAGR of more than 6.5%, reaching USD 138.68 billion revenue by 2037. Telecommunications segment is likely to account for largest share by 2037, fueled by rapid adoption of mobile phones and internet penetration worldwide.
Automotive Lead-Acid Battery Market Size 2025-2029
The automotive lead-acid battery market size is forecast to increase by USD 4.08 billion at a CAGR of 2.7% between 2024 and 2029.
The market is experiencing significant growth, driven by the increasing electronic applications in passenger cars. The proliferation of advanced features such as start-stop systems and regenerative braking is leading to a higher demand for lead-acid batteries. Additionally, legislative support for battery recycling is creating new opportunities for market expansion. However, the market faces challenges as well. Lead pollution and stringent laws, particularly in Europe, are posing significant obstacles to the market's growth. Producers must invest in research and development to create more eco-friendly alternatives to lead-acid batteries to comply with these regulations and maintain their competitive edge. Companies that can effectively navigate these challenges and capitalize on the growing demand for lead-acid batteries in the automotive industry stand to gain significant market share.
What will be the Size of the Automotive Lead-Acid Battery Market during the forecast period?
Request Free SampleThe lead-acid battery market continues to evolve, driven by advancements in technology and expanding applications across various sectors. Battery safety and reserve capacity are paramount considerations, with ongoing research focusing on improving battery current, hybrid electric vehicles, and battery warranty. Low-maintenance batteries, such as Absorbed Glass Mat (AGM) and Calcium-Lead, offer enhanced reliability and longer lifespan. Cold cranking amps and battery voltage are crucial factors in starting batteries, while deep-cycle batteries cater to the energy demands of electric vehicles. Battery maintenance, battery size, and battery charging remain essential aspects of battery efficiency and longevity. Lead-acid technology's adaptability in diverse applications, from internal combustion engines to traction batteries, underscores its market significance. Battery cost and recycling are also critical elements, ensuring a sustainable and cost-effective battery ecosystem. Ongoing research and innovation continue to shape the market landscape, with battery efficiency, battery separators, and battery testing playing significant roles in advancing lead-acid battery technology.
How is this Automotive Lead-Acid Battery Industry segmented?
The automotive lead-acid battery industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ApplicationAftermarketOEMVehicle TypePassengerCommercialGeographyNorth AmericaUSCanadaEuropeFranceGermanyAPACAustraliaChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW)
By Application Insights
The aftermarket segment is estimated to witness significant growth during the forecast period.The automotive aftermarket is witnessing significant growth due to the increasing number of passenger cars, commercial vehicles, and two-wheelers worldwide. Lead-acid batteries continue to dominate this market, providing a quick power boost through cold-cranking amps, essential for starting, lighting, and ignition (SLI) applications. Their affordability and excellent cold-cranking performance make them the preferred choice for the automotive industry. Although alternative technologies like nickel-metal hydride (Ni-MH) and lithium-ion (Li-ion) batteries have emerged, lead-acid batteries will remain dominant during the forecast period. The increasing miles covered by vehicles is another factor driving aftermarket battery sales. These batteries offer various types, including deep-cycle, maintenance-free, and absorbed glass mat (AGM) batteries, catering to diverse consumer needs. Lead-acid batteries come in various sizes and capacities, with battery resistance ensuring optimal battery performance. Safety measures, such as battery terminals and separators, are crucial in maintaining battery efficiency and longevity. The lead-acid battery market encompasses various applications, including electric vehicles (EVs), hybrid electric vehicles (HEVs), and internal combustion engine (ICE) vehicles. Battery recycling plays a vital role in minimizing environmental impact and reducing the need for new battery production. The lead-acid battery market's future lies in its ability to adapt to evolving consumer demands and technological advancements.
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The Aftermarket segment was valued at USD 17.45 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 64% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and driver
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The Lead Acid Battery Market report segments the industry into Application (SLI (Starting, Lighting, Ignition) Batteries, Stationary Batteries (Telecom, UPS, Energy Storage Systems (ESS), etc.), Portable Batteries (Consumer Electronics, etc.), Other Applications), Technology (Flooded, VRLA (Valve Regulated Lead-acid)), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, South America).