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(IT-NEWSWIRE.COM, December 05, 2017 ) According to Publisher, the Global Lead Acid Battery market is expected to grow from $53.32 billion in 2016 to reach $81.25 billion by 2022 with a CAGR of 7.2%. Growing industrialization and urbanization, raising usage in hybrid and electric vehicles, and technological advancements are the factors propelling the market growth. However, intense competition, stringent government regulations are hampering the market growth.
For more information about this report: http://www.reportsweb.com/lead-acid-battery-global-market-outlook-2016-2022 Among all product segments SLI product is expected to lead the market with a highest market share during the forecast period. It is attributed by the heavy usage in automotive sector. Besides, Stationary segment is anticipated to command the market with a higher CAGR. Asia pacific is dominating the global market over the forecast period. The growth is attributed to increasing construction industry in developing economies, favorable government regulations, and increasing disposable income.
Some of the key players in global Lead Acid Battery market include ATLASBX Co., Ltd., B.B. Battery Co., Ltd., C&D Technologies, Inc., Chloride Batteries S E Asia Pte. Ltd., Crown Battery, CSB Battery Co., Ltd., East Penn Manufacturing, EnerSys, Exide Technologies, Fujian Quanzhou Dahua Battery Co., Ltd, Johnson Controls, Leoch International Technology Ltd., Nipress, NorthStar, Panasonic Corporation, and Zibo Torch Energy Co., Ltd.
Products Covered: -Stationary -Motive -SLI
Construction Methods Covered: -VRLA -Flooded
Applications Covered: -Motive Industrial -Stationary Industrial -Residential -Commercial -Automotive -Telecommunication -Transport vehicles -Electric bikes -Grid Storage -UPS -Other Applications
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Regions Covered: -North America -US -Canada -Mexico -Europe -Germany -France -Italy -UK -Spain -Rest of Europe -Asia Pacific -Japan -China -India -Australia -New Zealand -Rest of Asia Pacific -Rest of the World -Middle East -Brazil -Argentina -South Africa -Egypt
Company Profiling 10.1 ATLASBX Co., Ltd. 10.2 B.B. Battery Co., Ltd. 10.3 C&D Technologies, Inc. 10.4 Chloride Batteries S E Asia Pte. Ltd. 10.5 Crown Battery 10.6 CSB Battery Co., Ltd. 10.7 East Penn Manufacturing 10.8 EnerSys 10.9 Exide Technologies 10.10 Fujian Quanzhou Dahua Battery Co., Ltd 10.11 Johnson Controls 10.12 Leoch International Technology Ltd. 10.13 Nipress 10.14 NorthStar 10.15 Panasonic Corporation 10.16 Zibo Torch Energy Co., Ltd.
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Rajat Sahni
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Source: EmailWire.Com
Source: EmailWire.com
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