Market Overview

Global Motive Lead-Acid Battery Market Forecast to 2024 -


The "Global
Motive Lead-Acid Battery Market, Forecast to 2024"
report has
been added to's offering.

The well-established global motive lead acid battery market is expected
to witness a CAGR of 4.2% between 2017 and 2024.

Material handling equipment is the key application using lead acid
batteries, globally. Increase in eCommerce models is driving the need
for warehouse. These warehouses need electric forklift for indoor
operation that boosts the demand for lead-acid-battery-powered vehicles.
In addition to forklifts, ground vehicle equipment, AGV and cleaning
machines are boosting the global demand for lead acid batteries.
Electric vehicles-eBikes, three wheelers and four wheelers-largely use
lead acid batteries.

China holds the monopoly in lead-acid-battery-powered EVs. This trend is
witnessing sharp growth in India and Southeast Asia. Golf cart/NEV
powered by lead acid batteries is a steady market, with strong demand
from the replacement market. Despite competition from lithium-ion
battery chemistry, lead acid battery will remain in the market with
strong demand and steady growth in deep cycle applications. Affordable
pricing, proven performance, brand loyalty are the key factors that
favor lead acid battery demand.

Research Scope

Market trends are analyzed for the period 2015 to 2024, with 2017 as
base year. Drivers and restraints, competitive analysis, market trends,
growth opportunities, battery chemistries geographical trends, and
revenue forecasts for the period 2014 to 2024 are also provided. The
market is analyzed holistically through two main segments: end-user
application and geographical segment analyses. The major end- user
applications include batteries for material handling equipment, mining,
railroad, golfcart/NEVs, EVs, RVs, and other applications (marine,
cleaning machines, and so on).

Key Topics Covered:

1. Executive Summary

2. Market Overview

3. Drivers And Restraints - Total Motive Lead-Acid Battery Market

4. Forecast And Trends - Total Motive Lead-Acid Battery Market

5. Market Share And Competitive Analysis - Total Motive Lead-Acid
Battery Market

6. Growth Opportunities And Companies To Action

7. Material Handling Equipment

8. Mining Equipment

9. Railroad Equipment

10. Golf Cart/Nev

11. Recreational Vehicles

12. Electric Vehicles

13. Other Applications Segment

14. North America Analysis

15. Europe

16. Asia-Pacific

17. Rest Of World

18. The Last Word

19. Appendix

Companies Mentioned

  • Chaowei
  • EastPenn Manufacturing
  • EnerSys
  • Exide Technologies
  • Hoppecke
  • Tianneng
  • Trojan

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