Global Lead Acid Battery Market worth $81.25 Billion by 2022 - Orbis Research

Orbis Research
OrbisResearch.com has published new research report on "Lead Acid Battery-Global Market Outlook (2016-2022)" to its database.
DALLAS, TEXAS, U.S.A., April 19, 2017 /EINPresswire.com/ -- According to Stratistics MRC, the Global Lead Acid Battery Market is expected to grow from $53.32 billion in 2016 to reach $81.25 billion by 2022 with a CAGR of 7.2%. Growing industrialization and urbanization, raising usage in hybrid and electric vehicles, and technological advancements are the factors propelling the market growth. However, intense competition, stringent government regulations are hampering the market growth.
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Among all product segments SLI product is expected to lead the market with a highest market share during the forecast period. It is attributed by the heavy usage in automotive sector. Besides, Stationary segment is anticipated to command the market with a higher CAGR. Asia pacific is dominating the global market over the forecast period. The growth is attributed to increasing construction industry in developing economies, favorable government regulations, and increasing disposable income.
Some of the key players in global Lead Acid Battery market include ATLASBX Co., Ltd., B.B. Battery Co., Ltd., C&D Technologies, Inc., Chloride Batteries S E Asia Pte. Ltd., Crown Battery, CSB Battery Co., Ltd., East Penn Manufacturing, EnerSys, Exide Technologies, Fujian Quanzhou Dahua Battery Co., Ltd, Johnson Controls, Leoch International Technology Ltd., Nipress, NorthStar, Panasonic Corporation, and Zibo Torch Energy Co., Ltd.
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Products Covered:
Stationary
Motive
SLI
Construction Methods Covered:
VRLA
Flooded
Applications Covered:
Motive Industrial
Stationary Industrial
Residential
Commercial
Automotive
Telecommunication
Transport vehicles
Electric bikes
Grid Storage
UPS
Other Applications
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Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Orbis Research
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