Lead Acid Battery Market Growing at a CAGR of 4.6% by 2020

Introduction and rapid acceptance of smart battery will continue to fuel the growth of the market for lead acid battery. The global market for lead acid battery registered the revenues of around US$ 46.8 Bn in 2015, which are likely to climb up by 2016 end. Applications in the transportation industry are expected to attract the highest sales revenues, whereas APAC will remain the largest market registering the maximum consumption of the lead acid battery. Rising demand for electric or battery-operated vehicles is generating a discernible level of demand for…

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Lead Acid Battery Market,Construction Method, End Use, and Region -Industry Forecast till 2025

Lead acid battery is considered to be the oldest type of rechargeable battery with its use spanning across industries. It has the advantage of supplying high surge current, as the cells have large power to weight ratio. High power to weight ratio and low cost makes lead acid batteries attractive for its use in the automotive sector. Lead acid batteries comprises of container, plates, cell, separators, and battery terminals. The increasing demand from various industries, such as automotive sector, telecom sector, uninterrupted power supply in oil and gas mining, manufacturing,…

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Impact of Existing and Emerging Lead Acid Battery Market Trends And Forecast 2014 – 2020

Future Market Insights, in its latest report titled, “Global Lead Acid Battery Market Analysis and Opportunities Assessment, 2014-2020”, states that the global lead acid battery market accounted for US$44,689 Mn. in 2014, and is expected to reach US$58,552 Mn. at a CAGR of 4.6% during the forecast period. Asia Pacific, which accounted for the major chunk in the global lead acid battery market, is expected grow at an estimated CAGR of 4.5% during the forecast period. By application type, the global lead acid battery market is segmented as transportation, stationary…

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Lead Acid Battery Market -Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

Lead acid battery is considered to be the oldest type of rechargeable battery with its use spanning across industries. It has the advantage of supplying high surge current, as the cells have large power to weight ratio. High power to weight ratio and low cost makes lead acid batteries attractive for its use in the automotive sector. Lead acid batteries comprises of container, plates, cell, separators, and battery terminals. The increasing demand from various industries, such as automotive sector, telecom sector, uninterrupted power supply in oil and gas mining, manufacturing,…

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Lead-Acid Battery Market Will Hit at a CAGR 4.4% From 2027

Future Market Insights delivers key insights on the global lead-acid battery market in a new report titled “Lead-Acid Battery Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017–2027).”The long-term outlook on the global lead-acid battery market remains positive with the market value expected to increase at a CAGR of 4.4% during the forecast period (2017-2027). Among product types, the AGM segment is expected to expand at a significant CAGR in terms of value over the forecast period. The global sales of lead-acid battery is estimated to be valued at US$…

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Lead Acid Battery Market Expected to Hit US$ 24.0 Bn by 2020

Rising demand for electric or battery-operated vehicles is generating a discernible level of demand for battery on a global level, especially in developed regions. Consumption of lead acid batteries by manufacturers of two-wheelers, passenger cars, heavy transportation vehicles, and commercial carriers is anticipated to sustain the demand for lead acid battery on a global level. Exploding industrialization and urbanization in developing countries have been fuelling the need for UPS as a reliable source of uninterrupted power, which is foreseen to remain a key factor pushing the battery market growth. Expansion…

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Lead Acid Battery Market to Grow at a CAGR of 4.6% by 2020

Future Market Insights, in its latest report titled, “Global Lead Acid Battery Market Analysis and Opportunities Assessment, 2014-2020”, states that the global lead acid battery market accounted for US$44,689 Mn. in 2014, and is expected to reach US$58,552 Mn. at a CAGR of 4.6% during the forecast period. Asia Pacific, which accounted for the major chunk in the global lead acid battery market, is expected grow at an estimated CAGR of 4.5% during the forecast period. By application type, the global lead acid battery market is segmented as transportation, stationary…

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