Asia Pacific Flooded Lead Acid Battery Market Size - By Application (Stationary {Telecommunications, UPS, Control & Switchgear}, Motive, SLI {Automobiles, Motorcycles}), By Sales Channel, By Country Outlook & Forecast, 2024 – 2032

Asia Pacific Flooded Lead Acid Battery Market Size

Asia Pacific Flooded Lead Acid Battery Market was valued at USD 42.9 billion in 2023 and is estimated to grow at a CAGR of over 2.9% between 2024 and 2032. Burgeoning expansion in the automotive industry along with increasing adoption of renewable energy systems will contribute to the demand for these batteries.
 

A flooded lead-acid battery is a type of rechargeable battery that uses lead electrodes immersed in an electrolyte solution of sulfuric acid. This type of battery is called "flooded" because the electrodes are submerged in the electrolyte, which allows for the transfer of ions between the positive and negative plates during charging and discharging cycles. These units are commonly used in automotive applications, uninterruptible power supplies, renewable energy storage systems and various industrial applications.
 

Asia Pacific Flooded Lead Acid Battery Market Trends

Rising investments in off-grid and microgrid power systems especially in remote areas along with increasing demand for backup power solutions in areas susceptible to frequent power interruptions will boost the business opportunities. The flooded lead acid battery industry is set to benefit from a growing demand for energy storage systems coupled with the large-scale integration of renewable energy. There's an increasing emphasis on improving battery recycling processes to reduce environmental impact and meet regulatory standards which will drive the deployment of these products.
 

Asia Pacific Flooded Lead Acid Battery Market Analysis

The stationary flooded lead acid battery application will exceed over 14.3 USD billion by 2032. The robust expansion of data centers in line with ongoing advancements in battery technology, including improvements in cycle life, energy density and safety features will positively sway the business potential. The growing emphasis on intermittent renewable energy sources comprising of solar and wind necessitates efficient energy storage solutions to manage supply and demand, thus driving the industry's potential forward.
 

The OEM flooded lead acid battery market size will witness growth rate of over 3% through 2032. The global trend toward electrification in diverse industries coupled with rising investments in infrastructure will stimulate the business growth. Stricter emissions standards and consumer demand for sustainable products alongside the ongoing shift towards electric vehicles will contribute positively to the product adoption. They offer a cost-effective and dependable solution particularly for applications needing deep cycling and high energy density, accelerating the business potential.
 

The China flooded lead acid battery market is set to surpass USD 25 billion by 2032. The growing use of these batteries in power ancillary systems, including lighting, infotainment, and start-stop systems will drive the technological adoption. Unstable power networks, combined with growing government funding towards the modernization of electrical grids, will provide significant opportunities for industry expansion.
 

Rapid industrialization and urbanization along with the rising adoption of renewable energy sources will escalate the Japan flooded lead acid battery market. Additionally, the telecommunications sector's dependence on these batteries for backup power in remote areas with unreliable grid infrastructure will contribute to the business growth. Moreover, the rapid pace of industrialization, coupled with a rising urbanization rate and increasing adoption of renewable energy sources, will enhance the industry landscape.
 

Asia Pacific Flooded Lead Acid Battery Market Share

Amara Raja Batteries stands as a distinguished leader in delivering advanced solutions across various industries worldwide. Renowned for its comprehensive suite of offerings encompassing battery technology, energy storage solutions, and engineering services, Amara Raja Batteries caters to diverse sectors with cutting-edge innovations and dependable services. With an unwavering dedication to sustainability and exceeding customer expectations, Amara Raja Batteries remains at the forefront of the industry, pioneering breakthrough technologies that elevate performance, efficiency, and environmental responsibility while driving forward societal advancement.
 

Asia Pacific Flooded Lead Acid Battery Market Companies

Eminent players operating in the Asia Pacific flooded lead acid battery industry include:

• Amara Raja Batteries Ltd.
• B.B. Battery
• Clarios
• C&D Technologies Inc.
• Contemporary Amperex Technology Co., Limited
• East Penn Manufacturing Company, Inc.
• EnerSys
• Exide Industries Limited
• Furukawa Battery Co., Ltd.
• GS Yuasa Corporation
• Johnson Controls International
• Leoch International Technology Limited Inc.
• Robert Bosh GmbH
• Trojan Battery Company
• Varta AG
   

Asia Pacific Flooded Lead Acid Battery Industry News

• In September 2023, Clarios, a global battery supplier, unveiled its expansion plans and technological developments to meet the evolving power demands of modern vehicles. Through acquisitions like the recent purchase of Paragon's battery business, Clarios aims to enhance its engineering capabilities and complement existing battery programs. The company adopts a chemistry-agnostic approach, exploring various battery technologies, including lead-acid and lithium-ion, and incorporating electronics and diagnostics for improved battery health analytics.
   
• In January 2022, Amara Raja announced its plans to invest in InoBat Auto for the development of premium innovative batteries for E-mobility. The investment aims at providing access to cutting edge technology and manufacturing expertise of InoBat for EV batteries. The initial investment provided major foothold in the thriving e-mobility ecosystem to support the increasing demand for EVs across the region.
   

This Asia Pacific flooded lead acid battery market research report includes in-depth coverage of the industry with estimates & forecast in terms of “Million Units” & “USD Million” from 2021 to 2032, for the following segments:

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Market, By Application

• Stationary
  • Telecommunications
  • UPS
  • Control & Switchgear
  • Others
• Motive
• SLI
  • Automobiles
  • Motorcycles

Market, By Sales Channel

• OEM
• Aftermarket

The above information has been provided for the following countries:

• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Malaysia
• Thailand
• Philippines
• Vietnam
• Singapore