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Global Lead-acid Battery Market 2018-2022

Global Lead-acid Battery Market 2018-2022

About Lead-acid Battery

Lead-acid batteries are the oldest rechargeable battery technology in the market which is widely used in various applications such as automotive, motive, and stationary applications. They are majorly used because of the cranking property of the battery which provides the power with short span.

Technavio’s analysts forecast the global lead-acid battery market to register a revenue of more than USD 65 billion during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global lead-acid battery market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of lead-acid battery.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Lead-acid Battery Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • East Penn Manufacturing
  • EnerSys
  • Exide Technologies
  • HOPPECKE Batteries
  • Johnson Controls
  • Trojan Battery
Market driver
  • Increasing deployment of microgrids
  • For a full, detailed list, view our report
Market challenge
  • Declining Li-ion battery prices
  • For a full, detailed list, view our report
Market trend
  • The growing legislative support for battery recycling
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Lead-acid Battery Market 2018-2022

Technavio recognizes the following companies as the key players in the global lead-acid battery market: East Penn Manufacturing, EnerSys, Exide Technologies, HOPPECKE Batteries, Johnson Controls, and Trojan Battery.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the growing legislative support for battery recycling. Governments of several countries across the globe are focusing on legalizing battery recycling to create environment-friendly and economically sustainable business models and ensure recycling efficiency. For instance, the Canadian government has set up several locations for consumers to drop used batteries for recycling. The support from governments for recycling lead-acid batteries, coupled with the growth of the automotive industry, will subsequently drive the growth of the lead-acid battery market.”

According to the report, one of the major drivers for this market is increasing deployment of microgrids. Microgrids can function independently and as hybrid and can efficiently supply power to the local community, military bases, and educational organizations. Microgrids include multiple power generation techniques such as wind, biomass, solar, geothermal, and fossil fuel generators and are connected to energy storage systems to handle the intermittency of renewables. The resilience to natural calamities and the ability to provide power even during main grid failure will drive the need for lead-acid batteries in microgrids. With the major portion of the remote and rural areas across the globe without access to electricity the deployment of microgrids will increase in the coming years, which will subsequently fuel the growth of the lead-acid battery market.

Further, the report states that one of the major factors hindering the growth of this market is Declining Li-ion battery prices. The market for Lithium-ion batteries is witnessing rapid growth. Owing to this, there has been a decline in the demand for other battery types. The factor that discriminates between Lithium-ion batteries and other battery technologies such as fuel cell is the price. However, leading vendors in the manufacturer of Lithium-ion batteries are working on technological advances and are trying to reduce the price of Lithium-ion batteries.

Companies Mentioned

East Penn Manufacturing, EnerSys, Exide Technologies, HOPPECKE Batteries, Johnson Controls, and Trojan Battery.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global battery market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global - Market size and forecast 2017-2022 ($ billions)
      • Table Global - Year over year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Automotive - Market size and forecast 2017-2022
      • Table Automotive - Market size and forecast 2017-2022 ($ billions)
      • Table Automotive - Year over year growth 2018-2022 (%)
    • Stationary - Market size and forecast 2017-2022
      • Table Stationary - Market size and forecast 2017-2022 ($ billions)
      • Table Stationary - Year over year growth 2018-2022 (%)
    • Motive power - Market size and forecast 2017-2022
      • Table Motive power - Market size and forecast 2017-2022 ($ billions)
      • Table Motive power - Year over year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Market segmentation by product
    • Segmentation by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Regional - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ billions)
      • Table APAC - Year over year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ billions)
      • Table Americas - Year over year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ billions)
      • Table EMEA - Year over year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global population without electricity 2016 (millions)
    • Market challenges
      • Table Global Li-ion battery cost, 2009-2016
  • Market trends
    • Legislative support for battery recycling
    • Implementation of hybrid power systems in telecom towers
      • Table Relationship between batteries and GHG emission reduction
    • Need for continuous power supply
    • Increase in construction of data centers
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • East Penn Manufacturing
      • Table East Penn Manufacturing overview
      • Table East Penn Manufacturing - Business segments
      • Table East Penn Manufacturing - Organizational developments
      • Table East Penn Manufacturing - Geographic focus
      • Table East Penn Manufacturing - Segment focus
      • Table East Penn Manufacturing - Key offerings
    • EnerSys
      • Table EnerSys overview
      • Table EnerSys - Business segments
      • Table EnerSys - Organizational developments
      • Table EnerSys - Geographic focus
      • Table EnerSys - Segment focus
      • Table EnerSys - Key offerings
    • Exide Technologies
      • Table Exide Technologies overview
      • Table Exide Technologies - Business segments
      • Table Exide Technologies - Organizational developments
      • Table Exide Technologies - Geographic focus
      • Table Exide Technologies - Segment focus
      • Table Exide Technologies - Key offerings
    • HOPPECKE Batteries
      • Table HOPPECKE Batteries overview
      • Table HOPPECKE Batteries - Business segments
      • Table HOPPECKE Batteries - Organizational developments
      • Table HOPPECKE Batteries - Geographic focus
      • Table HOPPECKE Batteries - Segment focus
      • Table HOPPECKE Batteries - Key offerings
    • Johnson Controls
      • Table Johnson Controls overview
      • Table Johnson Controls - Business segments
      • Table Johnson Controls - Organizational developments
      • Table Johnson Controls - Geographic focus
      • Table Johnson Controls - Segment focus
      • Table Johnson Controls - Key offerings
    • Trojan Battery
      • Table Trojan Battery overview
      • Table Trojan Battery - Business segments
      • Table Trojan Battery - Organizational developments
      • Table Trojan Battery - Geographic focus
      • Table Trojan Battery - Segment focus
      • Table Trojan Battery - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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