Global Motive Lead-Acid Battery Market 2018-2022
About Motive Lead-Acid Battery
The Lead-acid battery is the oldest secondary battery technology available in the global battery market, which is extensively used in numerous applications such as automotive, motive, stationary applications. It is majorly used owing to its cranking property, which provides the power with short span. Motive lead-acid battery refers to industrial lead-acid battery, which is designed to regular to deep discharge and provide a steady current over loner duration
Technavio’s analysts forecast the Global Motive Lead-Acid Battery Market to grow at a CAGR of 9.86% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Motive Lead-Acid Battery Market 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of various battery.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Motive Lead-Acid Battery Market 2018-2022
Technavio recognizes the following companies as the key players in the Global Motive Lead-Acid Battery Market
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is Legislative support for battery cycling”
According to the report, one driver that is affecting the market is increasing demand is electric for klifts
Further, the report states that one challenge that is affecting the market is increasing competition from fuel cell solutions
East Penn Manufacturing
Storage Battery Systems
Trojan Battery Company