PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1517582
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1517582
Flooded Lead Acid Battery Market Size - By Application (Stationary, Motive, SLI), By Sales Channel (OEM, Aftermarket), By Regional Outlook & Forecast, 2024 - 2032
Flooded Lead Acid Battery Market is projected to record over 2.7% CAGR from 2024 to 2032, driven by the rise in partnerships for advancing battery technologies. Several companies are exploring joint ventures and research initiatives to enhance battery performance and durability. These collaborations are leading to the integration of innovative materials and technologies to extend battery life and improve efficiency. There have also been developments in smarter battery management systems and exploration of applications in renewable energy storage.
The surging advancements for more sustainable and reliable energy storage solutions to meet the evolving needs of industries and consumers worldwide will add to the product demand. For instance, in October 2023, CTEK, a global leader in battery charging solutions, partnered with EnerSys for advancements in charging technology to help flooded lead acid batteries with enhanced performance and reliability.
The overall market is segregated into application, sales channel, and region.
In terms of application, the SLI flooded lead acid battery market is expected to record significant CAGR from 2024 to 2032. SLI flooded lead acid batteries have grown as vital components in automotive and marine applications for providing reliable power for starting engines and powering essential onboard electronics. Manufacturers are also enhancing SLI battery designs to improve cold-cranking performance and overall reliability.
By sales channel, the flooded lead acid battery industry from the aftermarket segment is projected to rise from 2024 to 2032, due to their crucial role as replacement components for various vehicles and industrial equipment. Suppliers are expanding their offerings and enhancing distribution channels to meet the growing demand whilst focusing on improving battery recycling processes and sustainability initiatives. Moreover, the advancements in battery technology to cater to consumer preferences will contribute to the segment growth.
Regionally, the North America flooded lead acid battery market size is projected to exhibit robust growth between 2024 and 2032, fueled by the rapid growth of renewable energy projects. With technological advancements., manufacturers are integrating improved electrode designs and enhanced electrolytes to support higher efficiency and longer lifespan. There have also been advancements to enhance grid stability and support the integration of renewable energy sources like solar and wind power. Rising need for crucial components in sustainable energy infrastructure across North America will add to the industry expansion.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Market estimates & forecast parameters
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid
- 1.4.2.2 Public
Chapter 2 Executive Summary
- 2.1 Industry 360 degree synopsis, 2021 - 2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Vendor matrix
- 3.2 Regulatory landscape
- 3.3 Industry impact forces
- 3.3.1 Growth drivers
- 3.3.2 Industry pitfalls & challenges
- 3.4 Growth potential analysis
- 3.5 Porter's analysis
- 3.5.1 Bargaining power of suppliers
- 3.5.2 Bargaining power of buyers
- 3.5.3 Threat of new entrants
- 3.5.4 Threat of substitutes
- 3.6 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Strategic outlook
- 4.2 Innovation & sustainability landscape
Chapter 5 Market Size and Forecast, By Application (USD Million & Million Units)
- 5.1 Key trends
- 5.2 Stationary
- 5.2.1 Telecommunications
- 5.2.2 UPS
- 5.2.3 Control & switchgear
- 5.2.4 Others
- 5.3 Motive
- 5.4 SLI
- 5.4.1 Automobiles
- 5.4.2 Motorcycles
Chapter 6 Market Size and Forecast, By Sales Channel (USD Million & Million Units)
- 6.1 Key trends
- 6.2 OEM
- 6.3 Aftermarket
Chapter 7 Market Size and Forecast, By Region (USD Million & Million Units)
- 7.1 Key trends
- 7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 France
- 7.3.4 Russia
- 7.3.5 Italy
- 7.3.6 Spain
- 7.3.7 Austria
- 7.3.8 Netherlands
- 7.3.9 Sweden
- 7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 Japan
- 7.4.3 India
- 7.4.4 South Korea
- 7.4.5 Australia
- 7.4.6 Indonesia
- 7.4.7 Malaysia
- 7.4.8 Thailand
- 7.4.9 Philippines
- 7.4.10 Vietnam
- 7.4.11 Singapore
- 7.5 Middle East & Africa
- 7.5.1 Saudi Arabia
- 7.5.2 UAE
- 7.5.3 Iran
- 7.5.4 Egypt
- 7.5.5 Turkey
- 7.5.6 Morocco
- 7.5.7 South Africa
- 7.5.8 Nigeria
- 7.5.9 Algeria
- 7.6 Latin America
- 7.6.1 Brazil
- 7.6.2 Argentina
- 7.6.3 Mexico
- 7.6.4 Chile
Chapter 8 Company Profiles
- 8.1 Amara Raja Batteries Ltd.
- 8.2 B.B. Battery
- 8.3 Clarios
- 8.4 Crown battery
- 8.5 C&D Technologies Inc.
- 8.6 Contemporary Amperex Technology Co., Limited
- 8.7 East Penn Manufacturing Company, Inc.
- 8.8 EnerSys
- 8.9 Exide Industries Limited
- 8.10 Furukawa Battery Co., Ltd.
- 8.11 GS Yuasa Corporation
- 8.12 HOPPECKE Battery GmbH & Co. KG.
- 8.13 Johnson Controls International
- 8.14 Leoch International Technology Limited Inc.
- 8.15 NorthStar Battery Company
- 8.16 Robert Bosh GmbH
- 8.17 Trojan Battery Company
- 8.18 Varta AG
