Market Overview

The Global Lead Acid Battery Market was valued at USD 47,866.1 million in 2023 and is expected to reach USD 69,119.7 million by 2031 while growing at a CAGR of 4.7% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global lead acid battery market growth. A lead-acid battery, employing lead dioxide and lead as electrodes and sulfuric acid as electrolyte, is a reliable and cost-effective rechargeable battery widely used for various applications.

Increasing demand for uninterrupted power supply (UPS) and the expansion of telecommunication networks, particularly in developing regions, propel the growth of the Lead Acid Battery market. However, obstacles like environmental concerns, regulations, and limited energy density and weight may impede market expansion.

Furthermore, the global lead acid battery industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Application Analysis

The Global Lead Acid Battery Market is segmented among SLI (Starting, Lighting, Ignition) Batteries, Stationary Batteries (Telecom, UPS, Energy Storage Systems (ESS), etc.), Portable Batteries (Consumer Electronics, etc.), and Other Applications, based on Application. In 2023, SLI (Starting, Lighting, Ignition) Batteries accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Technology Analysis

The Global Lead Acid Battery Market is segmented among Flooded, and VRLA (Valve Regulated Lead-acid), based on Technology. In 2023, VRLA (Valve Regulated Lead-acid) accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Lead Acid Battery Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are 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, and Panasonic Corporation.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Lead Acid Battery Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Lead Acid Battery Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Lead Acid Battery Market Segmentation, By Application  

• Global Lead Acid Battery Market Share Analysis, By Application  

• Global Lead Acid Battery Market Growth Analysis, By Application  

• Global Lead Acid Battery Market Trends, By Application 

o SLI (Starting, Lighting, Ignition) Batteries

o Stationary Batteries

o Portable Batteries (Consumer Electronics, etc.)

o Other Applications

6. Global Lead Acid Battery Market Segmentation, By Technology  

• Global Lead Acid Battery Market Share Analysis, By Technology  

• Global Lead Acid Battery Market Growth Analysis, By Technology  

• Global Lead Acid Battery Market Trends, By Technology  

o Flooded

o VRLA (Valve Regulated Lead-acid)

7. Global Lead Acid Battery Market Segmentation, By Region

• Global Lead Acid Battery Market Share Analysis, By Region

• Global Lead Acid Battery Market Growth Analysis, By Region

• Global Lead Acid Battery Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Johnson Controls International PLC.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• 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

 *Similar analysis will be provided for each company listed above.