Asia Pacific lead acid battery market will grow by 7.1% annually with a total addressable market cap of $383.29 billion over 2023-2032. The growth is driven by a growing renewable energy production, the increased demand for energy storage systems, increasing SLI applications in automotive industries, and advanced battery technology for electrical devices and equipment.
Highlighted with 31 tables and 49 figures, this 115-page report “Asia Pacific Lead Acid Battery Market 2022-2032 by Product Type (Motive, Stationary, SLI), Technology (Basic, Advanced), Construction Method (Flooded, VRLA), Charging Method (Constant Voltage, Constant Current), Application (Transportation, Industrial, Utility, Commercial & Residential), Sales Channel (OEM, Aftermarket), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific lead acid battery market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific lead acid battery market in every aspect of the classification from perspectives of Product Type, Technology, Construction Method, Charging Method, Application, Sales Channel, and Country.
Based on Product Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- Motive Batteries
- Stationary Batteries
- Starting-Light-Ignition (SLI) Batteries
Based on Technology, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- Basic Lead Acid Battery
- Advanced Lead Acid Battery
By Construction Method, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- Flooded Batteries
- Valve-Regulated Lead-Acid (VRLA) Batteries
By Charging Method, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- Constant Voltage Charging
- Constant Current Charging
By Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- Transportation
- Industrial
- Utility
- Commercial & Residential
- Other Applications
By Sales Channel, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- OEM
- Aftermarket
Geographically, the following national/local markets are fully investigated:
- Japan
- China
- South Korea
- Australia
- India
- Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Product Type, Construction Method, and Application over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
- Amara Raja Batteries Ltd.
- C&D Technologies Inc.
- Camel Power
- Clarios (Formerly Johnson Controls International PLC)
- East Penn Manufacturing Company
- EnerSys Ltd.
- Exide Industries Limited
- First National Battery
- GS Yuasa International Ltd.
- HBL Power Systems Limited
- Leoch International Technology Limited
- Narada Power Source Co., Ltd.
- Panasonic Corporation
- Samsung SDI Co., Ltd.
- Tesla Inc.
- The Furukawa Battery Co., Ltd.
- TianJin Lishen Battery Joint-Stock Co., Ltd.
- Tianneng Battery Group Co., Ltd.
- Trojan Battery Company
- VARTA AG
- Zhejiang Narada Power Source Co., Ltd.
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)