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Lead Acid Battery Market Share

Report ID: GMI2765
Published Date: Jan 2024
Report Format: PDF

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Lead Acid Battery Market Share

The prominent players in the lead-acid battery industry are strategically prioritizing marketing campaigns, technological innovations, brand establishment, and operational efficiencies to adeptly navigate the competitive market landscape. Their key emphasis lies in the development of intelligent designs for lead-acid batteries, incorporating cutting-edge technological features, and augmenting ergonomic capabilities within various lead-acid battery solutions.

Amara Raja Group engages in various business sectors, notably automotive and industrial batteries. Amara Raja stands out as a key player in the battery industry, thanks to its dedication to innovation and top-notch quality. The group's ongoing success is attributed to its emphasis on sustainability and continuous technological advancements.

Lead Acid Battery Market Companies

The key participants operating across the industry include:

Clarios
GS Yuasa International Ltd.
East Penn Manufacturing Company
C&D Technologies Inc.
Leoch International Technology Limited Inc.
Zibo Torch Energy Co. Ltd.
B.B. Battery
HOPPECKE Battery GmbH & Co. KG.
Furukawa Battery Co., Ltd.
First National Battery
Shandong Sacred Sun Power Sources Co. Ltd.
Chaowei Power Holdings Limited
Middle East Battery Company
EnerSys
Exide Industries Limited
MUTLU
Amara Raja Group
Crown Battery
NorthStar Battery Company
Narada Power

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

Lead acid battery industry reached USD 95.9 billion in 2023 and is poised to expand at 3.1% CAGR through 2034 attributed to the increasing usage in backup power applications for data centers, telecom, and critical infrastructure.

VRLA lead acid battery industry is estimated to grow at 3.3% CAGR from 2024-2034 attributed to the advantages of products, such as reduced electrolyte evaporation, spillage, and higher resistance to temperature.

Europe lead acid battery industry was worth USD 15.6 billion in revenue in 2023 and is estimated to exhibit robust growth through 2034 owing to the significant growth of the automobile production and favorable government policies to reinforce the domestic manufacturing capacity.

Some of the lead acid battery companies are Clarios, GS Yuasa International Ltd., East Penn Manufacturing Company, B.B. Battery, HOPPECKE Battery GmbH & Co. KG., Furukawa Battery Co., Ltd., First National Battery, Shandong Sacred Sun Power Sources Co. Ltd., Middle East Battery Company, Exide Industries Limited, Amara Raja Group, and NorthStar Battery Company, many others.