Adroit Market Research Global Stationary Lead Acid Battery Market Size 2017 By Construction Type (Flooded, Sealed), By Application (Telecom, UPS, Utility, Emergency Lighting, Security Systems, Cable Television/Broadcasting, Oil & Gas, Renewable Energy, Railway Backup System), By Distribution Channel (OEM, Aftermarket), By Region and Forecast 2018 to 2023 Single Use License: US$ 4250 +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com Request Sample Adroit Market Research Global Stationary Lead Acid Battery Market Size And Forecast, 20112023 • The global stationary lead acid battery market size is anticipated to expand over a CAGR of 4.4% over the forecast period from 2018 to 2023. Increasing penetration of lead acid batteries in numerous power backup applications that range from automotive starting/lighting/ignition (SLI) and industrial batteries for motion power to large stationary batteries for standby-power. The stationary lead acid battery has recently entered the commercial space with numerous players entering the market to address the potentially growing demand. • The market development has paced up over the past few years as the stationary lead acid battery manufacturers are focusing on offering products that provide reliable and quality power supply. Additionally, the Chinese government’s targets of adding 175 GW of renewable energy capacity by 2022, rising heavy investments, expansion and upgrade of transmission & distribution network are leading to robust electricity market growth. Also, planning and development of energy storage projects in Latin America and Middle East & Africa are expected to accelerate the product demand and provide valuable services to the grid. Browse the complete report on @ https://www.adroitmarketresearch.com/industry-reports/stationary-lead-acidbattery-market +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com Adroit Market Research Global Stationary Lead Acid Battery Market Size And Forecast, 20112023 • In 2017, telecom accounted for nearly half of the global stationary lead acid (SLA) battery market share. Rising telecom sector along with enhanced utilization of lead acid batteries as a prime backup power source to reduce power outages and data losses are some of the factors driving the product demand. The growth of the data center and telecommunication industries is expected to drive the demand for SLA batteries over the forecast period. • Asia Pacific was the largest market for stationary lead acid battery and is expected to witness the fastest growth over the next few years owing to rising R&D investments by manufacturers as well as developing off-grid renewable energy industry. The increased foreign direct investment in Asia Pacific is expected to facilitate the development of infrastructure and capital equipment. Moreover, rising emergence for efficient power backup systems in electricity, oil & gas industries, security systems are likely to open new opportunities for the market growth over the years ahead. Also, varied governmental policies such as Renewable Energy Quota Management Approach and National Energy Development Strategy 2014-2020 will supplement demand over the forecast period between 2018 and 2023. • The competitive landscape of the global stationary lead acid battery market is highly fragmented owing to the presence of several local players. Typically, the majority of the players cater to their local market with little presence overseas. Companies such as GS Yuasa, Johnson Controls, and Enersys are in process of maintaining existing clients and venturing into new markets to increase revenue profits and maintain company growth. +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com Adroit Market Research Key segments of the global stationary lead acid battery market Construction Type Overview, 2011 – 2023 (Million kVAh) (USD Million) • Flooded • Sealed Application Overview, 2011 – 2023 (Million kVAh) (USD Million) • • • • • • • • • Telecom UPS Utility Emergency Lighting Security Systems Cable Television/Broadcasting Oil & Gas Renewable Energy Railway Backup Systems +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com Adroit Market Research Key segments of the global stationary lead acid battery market Distribution Channel Overview, 2011 – 2023 (Million kVAh) (USD Million) • OEM • Aftermarket Region/Country Overview, 2011 – 2023 (Million kVAh) (USD Million) • North America • U.S. • Europe • Germany • Asia Pacific • South America • Middle East & Africa Purchase a single user copy of the global stationary lead acid battery market report @ https://www.adroitmarketresearch.com/researchreport/purchase/6 +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com Adroit Market Research About Us Contact Us Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more. US Headquarters 3131 McKinney Ave Ste 600 Dallas, TX 75204 ,U.S.A +1 (214) 884-6068 sales@adroitmarketresearch.com Phone: +1 (214) 884-6068 Email: sales@adroitmarketresearch.com www.adroitmarketresearch.com
The global stationary lead acid battery market size is anticipated to expand over a CAGR of 4.4% over the forecast period from 2018 to 2023. Increasing penetration of lead acid batteries in numerous power backup applications that range from automotive starting/lighting/ignition (SLI) and industrial batteries for motion power to large stationary batteries for standby-power. The stationary lead acid battery has recently entered the commercial space with numerous players entering the market to address the potentially growing demand.
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