Lead Acid Battery Market Global Forecast Report by Product (SLI, Stationary, Motive), Construction Method (Flooded, Valve Regulated Sealed Lead–acid Battery (VRLA)), Sales Channel (OEM, Aftermarket), Application (Automotive, UPS, Telecom, Others), Countries and Company Analysis 2025-2033

Lead acid batteries are still a common option for electric and hybrid cars despite technological advancements. This is due to the fact that lead acid batteries are safer and more affordable than other types of batteries. Since it has been in use for nearly 150 years, the technology is reasonably priced. The majority of nations now have stringent environmental laws governing the production and transportation of lead acid batteries.

Overcharging and undercharging both have a negative impact on battery life because of their negative effects. Because of its gasoline counterparts, lead acid batteries have an impact on pollution levels. Among the top nations in the world market are China, the United Kingdom, Germany, the United States, and France. South Korea, China, Germany, and the United Kingdom all saw significant increases in lead acid battery exports in 2023.

Growth Drivers for the Lead Acid Battery Market

Growing Need for Batteries with Fast High Current Delivery

The automobile industry's growing demand for lead acid batteries, which can deliver high current rapidly, is propelling market growth. Vehicle ignition, lighting, and starting systems use these batteries. Additionally, as a result of industrialization and urbanization, more individuals are purchasing electric cars (EVs). Additionally, the usage of absorbent glass mat (AGM) or enhanced flooded batteries (EFBs) in electric vehicles (EVs) has increased demand for advanced lead acid battery technology. Additionally, a lot of lead acid battery producers want to increase their global market share. For instance, on July 6, 2022, Amara Raja Batteries (ARBL) announced that it would expand its lead acid activities outside of India.

Increasing Interest in Renewable Energy

As customers' preferences for renewable energy sources, including solar and wind power, expand, so does the demand for lead acid batteries. In renewable energy systems, these batteries are especially essential since they can store surplus energy generated during periods of high production and release it when needed. Furthermore, off-grid solar projects and wind farms commonly use these batteries to store energy for use at night or during periods of low wind. Furthermore, there is an increasing awareness of the need to maintain environmental sustainability. These batteries can provide reliable energy storage and have lower startup prices. Solar photovoltaic (PV) is predicted to generate 12.6% of renewable electricity in 2028, according to the International Energy Agency (IEA).

Lead Acid Battery Market Overview by Regions

The voice biometrics market is expanding globally, with North America leading in technology adoption, Europe emphasizing security and privacy, Asia-Pacific growing rapidly due to mobile usage, and the Middle East focusing on enhanced customer experiences across various sectors. An overview of the market by region is given below:

United States Lead Acid Battery Market

The lead acid battery market in the US is expected to increase steadily because to demand from the industrial, automotive, and renewable energy sectors. Because of their dependability and affordability, lead acid batteries are still the recommended option for vehicle starting, lighting, and ignition (SLI) applications. Since these batteries offer crucial backup power, the growth of electric vehicles and energy storage systems further encourages market expansion. Industry practices are being shaped by recycling programs and environmental restrictions, which promote sustainable manufacturing. Lead acid technology keeps developing, concentrating on increased performance and efficiency, despite competition from lithium-ion batteries, keeping it relevant in the energy storage market.

C & D Technologies announced the release of Pure Lead Plus, a cutting-edge VRLA battery for vital data center applications, in July 2022. The product will extend the life expectancy from 10 to 20 years and cut the replacement cost by 40%. Furthermore, the proprietary MES technology model is 98% recyclable and will lower the battery rack size by 28%.

United Kingdom Lead Acid Battery Market

The market for lead acid batteries in the UK is expanding moderately, mostly due to demand from the industrial and automotive industries. Lead acid batteries are extensively utilized in backup power systems for telecommunications and renewable energy installations, as well as for starting, lighting, and ignition (SLI) applications in automobiles. Regulations encouraging the appropriate disposal and reuse of battery materials, as well as a growing focus on sustainability and recycling, assist the industry. Improvements in lead acid technology, including as increased performance and efficiency, help sustain its place in the UK energy storage market even as competition from lithium-ion batteries heats up.

India Lead Acid Battery Market

The market for lead acid batteries in India is expanding rapidly due to increased demand from industries including renewable energy, telecommunications, and automobiles. Particularly in applications involving vehicle starting, lighting, and ignition (SLI), lead acid batteries are preferred due to their affordability and dependability. The market's prospects are further enhanced by government programs supporting renewable energy and the growing use of backup power systems in urban areas. Environmental laws are promoting recycling and enhancing battery disposal sustainability. Lead acid technology is still developing, concentrating on performance and efficiency to satisfy a range of energy storage requirements, even in the face of increasing competition from lithium-ion batteries.

One of India's most promising end consumers for lead-acid batteries is still the telecom industry. Over the last ten years, there has been significant expansion in the Indian telecom industry. The Telecom Regulatory Authority of India, for example, reports that as of March 2022, there were 1142.08 million wireless or mobile phone subscribers nationwide.

Saudi Arabia Lead Acid Battery Market

The market for lead acid batteries in Saudi Arabia is expanding steadily due to demand from the industrial, automotive, and renewable energy sectors. Lead acid batteries are extensively utilized in critical infrastructure uninterruptible power supplies (UPS) and for vehicle starting, lighting, and ignition (SLI). The market for energy storage solutions is being further stimulated by the nation's continuous investments in renewable energy initiatives, such solar power. Sustainability initiatives are strengthened by environmental legislation that encourage battery recycling and appropriate disposal. Despite competition from lithium-ion batteries, lead acid technology advancements keep improving performance and efficiency, guaranteeing its marketability.

Lead Acid Battery Company Analysis

The major participants in the Lead Acid Battery market includes EnerSys, Exide Industries Limited, GS Yuasa Corporation, HBL Power Systems Limited, Leoch International Technology Limited, Panasonic Holdings Corporation, Teledyne Technologies Incorporated, etc.

Lead Acid Battery Company News

In June 2023, in order to investigate the possibility of building a lithium battery gigafactory in the United States, EnerSys said that it has initiated a non-binding Memorandum of Understanding with Verkor SAS, a prominent player in battery technology in Europe.

In May 2023, the high-end Pure Lead Max (PLM) VRLA battery was unveiled by C&D Technologies, a world leader in energy storage solutions for uninterruptible power supplies (UPS) in the data center sector. With an industry-leading eight-year warranty, it is C&D's long-lasting VRLA battery for UPS systems.

In May 2023, With the use of patented technology, EnerSys introduced the ODYSSEY Connect battery monitoring system, which actively tracks and monitors a variety of battery performance and health metrics for optimal performance. The system then transmits the data to any Apple or AndroidTM smart device using Bluetooth.

Product- Industry is divided into 3 viewpoints:

1. SLI
2. Stationary
3. Motive

Construction Method- Industry is divided into 2 viewpoints:

1. Flooded
2. Valve Regulated Sealed Lead–acid Battery (VRLA)

Sales Channel- Industry is divided into 2 viewpoints:

1. OEM
2. Aftermarket

Application- Industry is divided into 4 viewpoints:

1. Automotive
2. UPS
3. Telecom
4. Others

Countries- Industry is divided into 25 viewpoints:

North America

• United States
• Canada

Europe

• France
• Germany
• Italy
• Spain
• United Kingdom
• Belgium
• Netherlands
• Turkey

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Thailand
• Malaysia
• Indonesia
• New Zealand

Latin America

• Brazil     
• Mexico  
• Argentina

Middle East & Africa

• South Africa
• Saudi Arabia
• United Arab Emirates

All companies have been covered with 5 Viewpoints

1. Overview
2. Key Persons
3. Recent Development & Strategies
4. Product Portfolio
5. Financial Insights

Company Analysis

1. EnerSys
2. Exide Industries Limited
3. GS Yuasa Corporation
4. HBL Power Systems Limited
5. Leoch International Technology Limited
6. Panasonic Holdings Corporation
7. Teledyne Technologies Incorporated

Report Details: