U.S. Lead Acid Battery Market Analysis

U.S. Lead Acid Battery Market Analysis

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A stationary lead acid battery is a rechargeable battery that utilizes lead plates and sulfuric acid electrolyte. These batteries are primarily deployed across utilities, emergency lighting, backup power, railway backup systems, renewable energy systems, security systems, oil & gas exploration, and other related applications. The growing reliance on electronics has raised concerns over reliable power quality, resulting into robust adoption of these batteries.
 

SLI application is set to grow at a rate of 1.7% by 2032 Ongoing technological advancements along with increasing electrification of conventional passenger vehicles will foster the U.S. lead acid battery market landscape. Shift in the adoption of start-stop technology by automotive manufacturers, to conform with fuel efficiency standards is the most recent trend witnessed across the industry. Wide scale utilization of these units in modern vehicles owing to their maintenance-free design and improved safety will in turn offers significant business opportunities.
 

VRLA battery market is set to surpass USD 2.5 billion by 2032. The industry is set to grow on account of its key advantages including reduced electrolyte evaporation, spillage and higher resistance to temperature. The technology is widely utilized across electric vehicle batteries and traction batteries due to its large current discharge performance and high efficiency. In addition, these units are deployed in extremely cold environments for high power and current applications.
 

OEM lead acid battery market in United States exceeded USD 2 billion in 2022. The demand for these batteries is strong among automobile & stationary applications. Increasing demand of automobiles along with paradigm shift toward the adoption of two-wheeler will escalate the business potential. In addition, ongoing research & development programs aimed at reducing the costs and environmental impact of these batteries will support the industry growth.
 

The aftermarket contributes to the considerable proportion of the lead acid batteries market when compared with sales from Original Equipment Manufacturers. The industry dynamics and trends for OEMs and aftermarket vary considerably across diverse application areas. Additionally, ongoing research & development programs aimed at reducing the costs and environmental impact of these batteries will further support the business growth.