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Lead Acid Battery Market to represent a significant expansion at CAGR of 4.0% by 2026
Research Report Insights (RRI) has launched the report titled, “Lead Acid Battery Market to represent a significant expansion at CAGR of 4.0% by 2026”
The global lead acid battery market is projected to expand at a CAGR of 4.0% during the forecast period 2026, according to a new research report titled “Lead Acid Battery Market 2026” by Research Report Insights (RRI). According to the report, the global lead acid battery market volume is expected to surpass around seven lakh thousand units by 2026. Growth of the global lead acid battery market is driven by the extensive usage of lead acid batteries in passenger car applications due to its low cost combined with reliability of performance.
Increase in vehicle production, rise in demand for lead acid batteries in industrial sector for UPS applications, and low cost and reliability to drive market growth
Globally, 85% of lead is primarily utilized in batteries for passenger cars, trucks, motorcycles, uninterruptible power supplies, and solar power storage. Demand for passenger vehicles has increased considerably and is anticipated to rise further in the near future. This, in turn, is creating high demand for lead acid batteries. Automobile and manufacturing sectors are witnessing significant expansion.
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Rise in demand for absorbent glass mat sealed type batteries for automobile & UPS applications due to better cycle life, high specific power, and low maintenance
Based on product type, the lead acid battery market has been bifurcated into flooded and sealed. The sealed segment has been further sub-segmented into AGM and Gel. Flooded lead acid batteries are commonly utilized batteries.
Automotive and motorcycle applications to dominate the global lead acid battery market
Based on application, the lead acid battery market has been segregated into automotive, motorcycles, motive power, renewable, UPS & telecom, and others.
Asia Pacific anticipated to dominate the market during the forecast period
Geographically, the global lead acid battery market has been split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is anticipated to hold prominent share of the market owing to the fast-growing construction industry in countries such as China, India, Japan, South Korea, and Malaysia.
Semi-consolidated Market with four to major players and various small to medium players
Key players covered in the report are EnerSys, EXIDE INDUSTRIES LTD., JOHNSON CONTROLS INTERNATIONAL PLC, GS Yuasa Corporation, etc. Other players include First National Battery, NorthStar, Amar Raja Batteries Ltd, HOPPECKE, Exide Technologies, HBL Power Systems Limited, C&D Technologies, Inc., East Penn Manufacturing Co., FIAMM Energy Technology S.p.A., Crown Battery Manufacturing Co., and Trojan Battery Company. Companies operating in the global market for lead acid batteries are focusing on market strategies to raise management performance overseas by integrating production facilities and manufacturing processes to address the major markets of lead acid batteries.
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Lead Acid Battery Market: By Product Type (Revenue US$ Mn; Volume Thousand Units; 2026)
Lead Acid Battery Market: By Application (Revenue US$ Mn; Volume Thousand Units; 2026)
- Motor Cycles
- Motive Power
- Renewable Power
- UPS & Telecom
- Others (Wheelchairs, etc.)
Lead Acid Battery Market: Regional Analysis (Revenue US$ Mn; Volume Thousand Units;2026)
- North America
- Russia & CIS
- Rest of Europe
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