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Global Stationary Lead Acid Battery Market Size anticipated to grow from USD 8.33 Billion in 2017 at CAGR of 4.4 % | Demand, Key Players, Growth, Current Trends, Developments & Forecast 2023


"Stationary Lead Acid Battery Market 2018-2023" Forecast by Adroit Market Research.
“Global Stationary Lead Acid Battery Market” a well-organized study has published by Adroitmarketresearch.com and ready to deliver to its clients. Sealed Lead acid batteries dominated the global Stationary Lead Acid Battery industry & projected to surpass CAGR of 5.1 % by 2023.

“Global Stationary Lead Acid Battery Market” a well-organized study has published by Adroitmarketresearch.com and ready to deliver to its clients. Sealed Lead acid batteries dominated the global Stationary Lead Acid Battery industry & projected to surpass CAGR of 5.1 % by 2023.

The global Stationary Lead Acid Battery Market was valued at $ 8.33 Bn in 2017. The demand for stationary lead acid batteries has risen in the past years on the basis of its physical & chemical stability, recharging ability and low cost over the different battery systems. Stationary lead acid batteries due to its technological applications which are used in various industries such as telecom sector, automotive batteries, UPS and grid storage. Growing value for cost-effective and reliable power supply will fuel the growth of the global Stationary Lead Acid Battery Market. Increasing economic growth across the evolving economies completed by a substantial expansion in the automotive, telecommunication and data center industry will fuel the growth of the Stationary Lead Acid Battery industry. Global Stationary Lead Acid Battery Market (SLA Battery Market) anticipated to expand over CAGR of 4.4% over the forecast period 2018 to 2023.

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Low cost of batteries combined with the new innovation and developments in lead acid battery is expected to increase the growth of the market. Stationary lead acid market will experience the growth on the basis of increase in automotive sales, driven by rising consumer spending and substantial growth. Growth of advanced lead batteries in micro hybrid vehicles to reduce carbon emissions will increase the growth of the global Stationary Lead Acid Battery Market. Valve Regulated Lead Acid (VRLA) battery market will experience a sudden growth on the basis of high power performance and technicality across all the sectors. On adding, the increasing need for regenerative braking and start-stop vehicles which will move industry trends towards batteries.

Some of the factors that act as drivers of the global Stationary Lead Acid Battery Market are: replacement costs and maintenance, increase in demand for electric vehicles and e-bikes and reduced conventional fuel technologies.

Regional Overview:

Asia Pacific contributed for the largest share in the global Stationary Lead Acid Battery Market which is expected to rise over the forecast period. As per China Association of automobile manufacturers (CAAM), China experienced increase in automobile sales. Increase in government expenses in retail sector results in the growth of industries such as power, construction, telecom industry and banking which fuels the demand for stationary lead acid battery due to its effective use as energy storage system. North America accounts for the second largest market globally. Presence of the leading companies such as Fiat Chrysler Automobiles, Ford Motor Company, Toyota and General Motors are increasing the value for stationary lead acid batteries. The established telecom sector combined with increase in gas and oil related activities which propels power storage machine will surge the demand for stationary lead acid batteries across the globe. 

Major Players in the Global Stationary Lead Acid Battery Market:

The main players involved in the global Stationary Lead Acid Battery Market are;

  • ATLASBX Co. Ltd,
  • Johnson Controls,
  • East Penn Manufacturing Co,
  • Exide Technologies,
  • C&D Technologies,
  • Crown Battery Manufacturing Company,
  • Leoch International Technology Ltd
  • GS Yuasa Company.

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Declining Cost of Lithium-Ion Battery is Restricting the Stationary Lead-acid Battery Market:

Technological developments connected with lithium-ion batteries (LIB) and market scale is adopted by manufacturers which have reduced its price in the past years and are expected to continue the same in the coming years. Decrease in the price of LIB has been accepted across the world which negatively impacts the Stationary Lead Acid Battery Market. On addition, LIBs are accepted for applications such as UPS, telecom and many more which is anticipated to restrict the growth of the Stationary Lead Acid Battery Market globally.

Major Points from TOC of Stationary Lead Acid Battery Market:

Chapter 1 Research Methodology

Chapter 2 Executive Summary

Chapter 3 Stationary Lead Acid Battery Market Outlook

Chapter 4 Type Overview

Chapter 5 Applications Overview

Chapter 6 Distribution Channel Overview

Chapter 7 Regional Overview

Chapter 8 Stationary Lead Acid Battery Industry Structure

Chapter 9 Company Profiles in SLA battery Market

…Continued

List of Tables present in the SLA battery Market report:

1.     Impact of SLA battery Market drivers

2.     Impact of SLA battery Market restraints

3.     SLA battery cost breakdown

4.     Global SLA battery Market, by construction type (Million kVAh) (USD Million)

5.     Global SLA battery Market, by application (Million kVAh) (USD Million)

6.     Global SLA battery Market, by distribution channel (Million kVAh) (USD Million)

7.     Global Stationary Lead Acid Battery Market, by region (Million kVAh) (USD Million)

8.     North America Stationary Lead Acid Battery Market, by construction type (Million kVAh) (USD Million)

…Continued

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List of Figures present in the Stationary Lead Acid Battery Market:

  1. SLA Market segmentation
  2. Value chain analysis
  3. Porter’s Five Forces’ analysis
  4. Global stationary lead acid battery market size, 2011 – 2023 (Million kVAh) (USD Million)
  5. Global stationary lead acid battery market share, by construction type, 2017 & 2023 (%)
  6. Global flooded stationary lead acid battery market volume, 2011 – 2023 (Million KVAh)
  7. Global flooded stationary lead acid battery market revenue, 2011 – 2023 (USD Million)
  8. Global sealed stationary lead acid battery market volume, 2011 – 2023 (Million KVAh)
  9. Global sealed stationary lead acid battery market revenue, 2011 – 2023 (USD Million)
  10. Global stationary lead acid battery market share, by application, 2017 & 2023 (%)
  11. Global stationary lead acid battery market volume for telecom, 2011 – 2023 (Million KVAh)
  12. Global stationary lead acid battery market revenue for telecom, 2011 – 2023 (USD Million)
  13. Global stationary lead acid battery market volume for UPS, 2011 – 2023 (Million KVAh)
  14. Global stationary lead acid battery market revenue for UPS, 2011 – 2023 (USD Million)
  15. Global stationary lead acid battery market volume for utility, 2011 – 2023 (Million KVAh)

…..Continued

About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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