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By 2027, the market for advanced lead acid batteries will be worth $30.7 billion with a 6.3% CAGR.

Published: April 4, 2023
Author: DIGITAL MEDIA EXECUTIVE

According to a market research report, the “Advanced Lead Acid Battery Market by Type (Stationary, Motive), Construction Method (Flooded, VRLA), End-User (Utilities, Transportation, Industrial, Commercial & Residential) and Region (North America, APAC, Europe, RoW) – Global Forecast to 2027″, is estimated to grow from USD 22.7 billion in 2022 to USD 30.7 billion by 2027, at a CAGR of 6.3% during the forecast period. Expanding data centers and the growing telecom sector is expected to drive the advanced lead acid battery market.

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  • 182 Market data Tables
  • 51 Figures
  • 195 Pages and in-depth TOC on “Advanced Lead Acid Battery Market – Global Forecast to 2027″

This report also provides a comprehensive analysis of the companies listed below:

Some of the leading players in this market include Enersys (US), Exide Industries Ltd. (India), GS Yuasa International Ltd. (Japan), Clarios (US), and Leoch International Technology Limited Inc (China) among others.

Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Advanced Lead Acid Battery Market.

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EnerSys is one of the largest manufacturers and distributors of industrial batteries. It offers power equipment, outdoor cabinet enclosures, battery chargers, and accessories. These products are used across aerospace, defense, medical, automated guided vehicles, railway, industrial vehicles, standby power, and renewable energy industries. The company operates its business through three segments, namely, energy systems, motive power, and specialty. The reserve power products are used in telecommunication systems, medical, security systems, lighting & ignition, electric utilities, large-scale energy storage, aircraft, satellites, submarines, and switchgears. The motive power products are used for industrial forklifts, warehousing, material handling, mining equipment, rail equipment, and engine start-up in diesel locomotives.

EnerSys’ product portfolio includes various series of batteries such as DataSafe, CYCLON, PowerSafe- SuperSafe, Hawker, Genesis, Quallion, Odyssey, NexSys, Ironclad, and GAZ. EnerSys offers its batteries under the brand name SuperSafe in India, Malaysia, Indonesia, Singapore, and Thailand; elsewhere, batteries belonging to these series are offered under the brand name PowerSafe. Some of its VRLA batteries are PowerSafe/SuperSafe DDm, DataSafe HX, and others. Hawker ArmaSafe Plus and Genesis EP are some of its Thin Plate Pure Lead-Tin (TPPL) lead acid batteries.

The company is present in more than 100 countries spanning across North and South America, Europe, the Middle East, Africa, Asia, Australia, and Oceania. It has manufacturing facilities in the Americas, EMEA, and Asia.

Exide Industries Ltd. is an Indian multinational company which provides storage battery products that are used in solar, automotive, telecom, power, mining, railways, infrastructure, and defense sectors. The company manufactures, develops, and sells the world’s largest range of lead acid storage batteries, ranging in capacity from 2.5Ah to 20,600Ah, to meet the needs of a wide range of applications. The company makes batteries for the automotive, electricity, infrastructure, telecom, and computer industries, as well as the defense, railways, and mining sectors, using latest technological inputs. It sells automotive batteries domestically under the brand names Exide, Dynex, and SF Sonic, whereas for international markets, the brand names include Index, Dynex, and SF Sonic. The brand names for industrial batteries for the Indian market include Exide, SF, and Ceil, and for international markets, its brands are Exide, Chloride, Ceil, and Index.

Exide has nine plants strategically positioned throughout India, seven of which are dedicated to batteries and two of which produce home UPS systems. The company’s exports span across six continents, and it has subsidiaries in the UK, Singapore, and Sri Lanka.

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