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[ 英語タイトル ] Lead-Acid Battery Market - Growth, Trends, and Forecast (2020 - 2025)


Product Code : MDEP0083028
Survey : Mordor Intelligence
Publish On : November, 2020
Number of Pages : 120
Category : Energy and Power
Study Area : Global
Report format : PDF
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- Johnson Controls International PLC
- Exide Technologies Inc.
- GS Yuasa Corporation
- EnerSys
- East Penn Manufacturing Co.
- C&D Technologies Inc.
- Amara Raja Batteries Ltd
- Leoch International Technology Limited
- Panasonic Corporation

[Report Description]

The global lead-acid battery market is expected to grow at a CAGR of more than 4.3% over the period of 2020-2025. Factors such as growing automotive sector and the low cost of lead, are likely to drive the lead-acid battery market during the forecast period. However, declining lithium-ion battery prices and increasing electric vehicles sales, is likely to restrain the growth of the lead-acid battery market in the coming years.

- SLI battery is expected to dominate the market due to the increasing automotive sector around the world.
- With the decreasing cost of solar PV equipment and supportive global initiatives to eliminate the carbon emission and promote renewables, the utilization of off-grid solar projects is expected to increase significantly, during the forecast period. Thus, it is expected to provide great opportunity for the lead-acid battery market during the forecast period.
- Asia-Pacific is expected to dominate the lead-acid battery market, with the majority of the demand coming from the China, Japan, and India.

Key Market Trends

SLI Battery to Dominate the Market

- SLI batteries are designed for automobiles and therefore, it is always installed with the vehicle’s charging system, which means that there is a continuous cycle of charge and discharge in the battery whenever the vehicle is in use. The 12-volt batteries have been the most commonly used batteries for more than 50 years; however, its normal voltage (while in use in the car and being charged by the alternator) is close to 14-volt.
- The major factors attributing to the growth of SLI battery market is the increasing demand for these batteries to power start motor, lights, and ignition system or other internal combustion engines with high performance, long life, and cost efficiency.
- Lead-acid battery is the technology of choice for all SLI battery applications in conventional combustion engine vehicles, such as cars and trucks worldwide.
- Although the market for the conventional combustion engine is expected to decline over the next 30-40 years, replacement car technologies are expected to continue to use SLI type lead-acid batteries to provide power for a range of electronics and safety features within the vehicle.

Asia-Pacific to Dominate the Market

- Asia-Pacific is expected to dominate the lead-acid battery market, with the majority of the demand coming from the China, Japan, and India.
- China is currently the largest market for the electric vehicle and has registered 30 times faster growth than the electric vehicle market in 2018, when compared to 2017.
- The increasing adoption of electric vehicles is in line with the clean energy policy. In order to reduce the demand-supply gap, the government of China is planning to ease restriction on automakers importing car into the country. Currently, foreign automakers facing a 25% import tariff or they have to build a factory in China with a cap of 50% ownership. Electric vehicle makers are expected to be the first to be benefitted from this change.
- Moreover, in India, the growing automobile sector, increasing number of solar power projects, and continuous expansion of telecommunication infrastructure is expected to drive the demand for lead-acid batteries in the country.
- The telecom sector remains as one of the most promising end users for lead-acid battery use in India. The Indian telecommunication sector has registered a strong growth over the past decade and is currently, the world’s second-largest telecommunications market, with a subscriber base of 1.19 billion as of 2018.
- However, the lead-acid battery market in India is facing growing challenge from lithium-ion battery technology, which has led to increased focus on research and development activities pertaining to lead-acid batteries. The manufacturers have stressed on high quality batteries that are long lasting and low maintenance, in order to sustain the competition from lithium-ion batteries.

Competitive Landscape

The lead-acid battery market is fragmented. Some of the key players in this market include Panasonic Corporation, GS Yuasa Corporation, EnerSys, East Penn Manufacturing Co, and Leoch International Technology Limited.

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1 INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY

4 MARKET OVERVIEW
4.1 Introduction
4.2 Market Size and Demand Forecast in USD billion, till 2025
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.5.1 Drivers
4.5.2 Restraints
4.6 Supply Chain Analysis
4.7 Porter's Five Forces Analysis
4.7.1 Bargaining Power of Suppliers
4.7.2 Bargaining Power of Consumers
4.7.3 Threat of New Entrants
4.7.4 Threat of Substitutes Products and Services
4.7.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 Application
5.1.1 SLI (Starting, Lighting, and Ignition) Batteries
5.1.2 Stationary Batteries (Telecom, UPS, Energy Storage Systems (ESS), etc.)
5.1.3 Portable Batteries (Consumer Electronics etc.)
5.1.4 Others
5.2 Technology
5.2.1 Flooded
5.2.2 VRLA (Valve Regulated Lead-Acid)
5.3 Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia-Pacific
5.3.4 South America
5.3.5 Middle-East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 Johnson Controls International PLC
6.3.2 Exide Technologies Inc.
6.3.3 GS Yuasa Corporation
6.3.4 EnerSys
6.3.5 East Penn Manufacturing Co.
6.3.6 C&D Technologies Inc.
6.3.7 Amara Raja Batteries Ltd
6.3.8 Leoch International Technology Limited
6.3.9 Panasonic Corporation

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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