Global Lead Acid Battery Market

Lead Acid Battery Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020

Ask The Analyst Customization Available Request Methodology

Lead Acid Battery Market Overview

Global lead acid battery market is projected to reach US$58.5 Bn by 2020 at an estimated CAGR of 4.6% during the forecast period. Lead acid battery is one among the oldest known commercial battery chemistries known to the industry. It utilises lead electrodes and sulphuric acid as electrolyte to store electrical energy. Unique selling propositions of lead acid battery include reliability, relatively low maintenance cost than other batteries, and durability. Automotive industry is one of the largest end users of lead acid battery across the globe. Some of the technical limitations such as low energy density and weight of the battery offer little resistance towards growth of this market.

Application Overview

On the basis of applications the market is segmented as transportation, stationary industrial, motive industrial, commercial, residential and grid storage. Transportation and stationary industrial segments collectively contributed to about around 77.9% of market revenues in 2014. Stationary industrial application segment is identified as one of the fastest growing market during the forecast period with CAGR of 8.6%. Although grid storage as of 2013 accounts for miniscule share in the market, it is projected to expand at healthy CAGR of 7.3% during the forecast period. 

Regional Overview of the Lead Acid Battery Market

As of 2014, Asia Pacific dominates the market and accounts for around 34.2% share, followed by North America and Europe. In 2014, Asia Pacific lead acid battery market was valued at US$ 15,297 Mn., which is projected to reach US$19,881 Mn by 2020. In 2014, North America and Western Europe were the other major contributors to the global market; the contribution from these regions was 21.6% and 18.7% respectively. Although Eastern Europe accounted for miniscule share in the global market, it is expected to register highest CAGR of 5.5% during the forecast period.

Drivers and Trends

Lead acid batteries are one of the predominantly used batteries in automobiles such as passenger cars, commercial cars and motorcycles. The rapid urbanization and industrialization trend in various developing countries across the globe is one among the chief drivers of lead acid battery market. Increasing requirement of uninterrupted power supply in industries, corporate offices, hospitals, research institutions, educational institutes and houses further add to demand of these batteries. Implementation of smart grid projects, deployment of vehicle charging infrastructure, increasing usage of hybrid and electric vehicles, increasing installation of renewable energy systems and increasing span of telecom towers are some of the underlying demand drivers for lead acid battery across the globe.

Regulations on the Lead Acid Battery Market

Lead is an essential raw material used in the manufacturing of lead acid batteries. The lead prices account for approximately 49% of the overall cost of the lead acid batteries produced. Any fluctuations in the lead prices affect the overall profitability of lead acid battery manufacturers. Environmental protection agency (EPA) has published new lead emissions standards under the National ambient air quality standards (NAAQS) in November 2008. The new standards impose restrictions on lead emissionsfrom 1.5 mg per cubic meter to 0.15 mg per cubic meter. 

The report profiles the key strategies and financial outlook of Johnson Controls INC, Exide Technologies, GS Yuasa Corporation and Enersys. The market is highly fragmented with the existence of small players along with the big players. In coming years, due to high production of automotive and need of reliable power APAC is expected to continue its dominance in the global market.

Growth in the automobile industry is expected to boost the global lead acid battery market. Additionally, superior properties of lead acid battery over other conventional batteries are further anticipated to drive the overall lead acid battery market. Development of innovative lead acid battery products is likely to provide new opportunities for the lead acid battery market. Even though there are many alternative energy cells available, lead acid battery remains the major source of power supply. Lead acid batteries are currently the only available mass market technology for SLI applications in conventional vehicles. Lead acid batteries excellent cold cranking performance is also one of the factors that make it one of the most suitable batteries for automobile applications. In addition, rise in demand for lead acid batteries for the replacement of worn out and dead batteries in the vehicles are further expected to augment the market. Lead acid batteries offer superior properties than that compared to other conventional batteries such as nickel cadmium and lithium ion batteries. 


In this study, we analyze the global lead acid battery Market during 2014-2020. We focus on:

  • Market size and forecast, 2013-2020

  • Key drivers and developments in the global lead acid battery 

Key Geographies/ Countries Covered

APAC, North America, Eastern Europe, Western Europe, Latin America, Middle East and Africa, Japan
Other Key Topics

  • Application segments market size by geography

Examples of key Companies Covered
Enersys, GSYUASA, Exide technologies, Johnson Controls

Global Lead Acid Battery Market Reports - Table of Contents

1. Executive Summary

2. Research Methodology and Assumptions

3. Terminologies & Acronyms Used

4. Global Lead Acid Battery Market Overview

    4.1. Introduction

 4.1.1. Global Lead Acid Battery Market Taxonomy

 4.1.2. Global Lead Acid Battery Market Definition

    4.2. Global Lead Acid Battery Market Value (US$) and Volume (Units) & Forecast

 4.2.1. Global Lead Acid Battery Market Y-o-Y Growth

 4.2.2. Global Lead Acid Battery Absolute $ Opportunity

    4.3. Global Lead Acid Battery Market Dynamics

 4.3.1. Drivers

 4.3.2. Restraints

 4.3.3. Impact Analysis of Drivers

 4.3.4. Trends

    4.4. Global Lead Acid Battery Market Supply chain Analysis

5. Global Lead Acid Battery Market Analysis and Forecast, By Application

    5.1. Introduction

 5.1.1. Y-o-Y Growth Comparison, By Application

 5.1.2. BPS Analysis, By Application

    5.2. Global Lead Acid Battery Market Value (US$) and Volume (Units), By Application

 5.2.1. Transportation

 5.2.2. Industrial Motive

 5.2.3. Stationary Industrial

 5.2.4. Residential

 5.2.5. Commercial

 5.2.6. Grid Storage 

    5.3. Market Attractiveness Analysis, By Application

    5.4. Market Trends

6. Global Lead Acid Battery Analysis and Forecast, By Regions

    6.1. Introduction

 6.1.1. Y-o-Y Growth Comparison, By Regions

 6.1.2. BPS Analysis, By Regions

    6.2. Global Lead Acid Battery Value (US$) and Volume (Units), By Regions

 6.2.1. Asia Pacific

 6.2.1.1. Asia Pacific Lead Acid Battery Analysis and Forecast, By Regions

    6.2.1.1.1. Asia Pacific Lead Acid Battery Market Value (US$) and Volume (Units), By Regions

6.2.1.1.1.1. India

6.2.1.1.1.2. China

6.2.1.1.1.3. ASEAN

6.2.1.1.1.4. Oceania

6.2.1.1.1.5. Rest of Asia Pacific

    6.2.1.1.2. Market Attractiveness Analysis, By Regions

 6.2.1.2. Asia Pacific and Japan Lead Acid Battery Analysis and Forecast, By Application 

    6.2.1.2.1. Asia Pacific Lead Acid Battery Market Value (US$) and Volume (Units), By Application

6.2.1.2.1.1. Transportation

6.2.1.2.1.2. Industrial Motive

6.2.1.2.1.3. Stationary Industrial

6.2.1.2.1.4. Residential

6.2.1.2.1.5. Commercial

6.2.1.2.1.6. Grid Storage

 6.2.2. Western Europe

 6.2.2.1. Western Europe Lead Acid Battery Analysis and Forecast, By Region

    6.2.2.1.1. Western Europe Lead Acid Battery Market Value (US$) and Volume (Units), By Regions

6.2.2.1.1.1. Germany

6.2.2.1.1.2. U.K.

6.2.2.1.1.3. Italy

6.2.2.1.1.4. France

6.2.2.1.1.5. Spain

6.2.2.1.1.6. Rest of Western Europe

    6.2.2.1.2. Market Attractiveness Analysis, By Regions

 6.2.2.2. Western Europe & Eastern Europe Lead Acid Battery Analysis and Forecast, By Application

    6.2.2.2.1. Europe Lead Acid Battery Market Value (US$) and Volume (Units), By Application

6.2.2.2.1.1. Transportation

6.2.2.2.1.2. Industrial Motive

6.2.2.2.1.3. Stationary Industrial

6.2.2.2.1.4. Residential

6.2.2.2.1.5. Commercial

6.2.2.2.1.6. Grid Storage

 6.2.3. North America

 6.2.3.1. North America Lead Acid Battery Analysis and Forecast, By Product Type

    6.2.3.1.1. North America Lead Acid Battery Market Value (US$) and Volume (Units), By Region

6.2.3.1.1.1. U.S.

6.2.3.1.1.2. Canada

    6.2.3.1.2. Market Attractiveness Analysis, By Product Type

 6.2.3.2. North America Lead Acid Battery Analysis and Forecast, By Application

    6.2.3.2.1. North America Lead Acid Battery Market Value (US$) and Volume (Units), By Application

6.2.3.2.1.1. Transportation

6.2.3.2.1.2. Industrial Motive

6.2.3.2.1.3. Stationary Industrial

6.2.3.2.1.4. Residential

6.2.3.2.1.5. Commercial

6.2.3.2.1.6. Grid Storage

 6.2.4. Latin America

 6.2.4.1. Latin America Lead Acid Battery Analysis and Forecast, By Region

    6.2.4.1.1. Latin America Lead Acid Battery Market Value (US$) and Volume (Units), By Region

6.2.4.1.1.1. Brazil

6.2.4.1.1.2. Mexico

6.2.4.1.1.3. Rest of Latin America

    6.2.4.1.2. Market Attractiveness Analysis, By Region

 6.2.4.2. Latin America Lead Acid Battery Analysis and Forecast, By Application

    6.2.4.2.1. Latin America Lead Acid Battery Market Value (US$) and Volume (Units), By Application

6.2.4.2.1.1. Transportation

6.2.4.2.1.2. Industrial Motive

6.2.4.2.1.3. Stationary Industrial

6.2.4.2.1.4. Residential

6.2.4.2.1.5. Commercial

6.2.4.2.1.6. Grid Storage 

 6.2.5. Middle East & Africa

 6.2.5.1. Middle East & Africa Lead Acid Battery Analysis and Forecast, By Region

    6.2.5.1.1. Middle East & Africa Lead Acid Battery Market Value (US$) and Volume (Units), By Region

6.2.5.1.1.1. GCC

6.2.5.1.1.2. Turkey

6.2.5.1.1.3. South Africa

6.2.5.1.1.4. Rest of Middle East & Africa

    6.2.5.1.2. Market Attractiveness Analysis, By Region

 6.2.5.2. Middle East & Africa Lead Acid Battery Analysis and Forecast, By Application

    6.2.5.2.1. Middle East & Africa Lead Acid Battery Market Value (US$) and Volume (Units), By Application

6.2.5.2.1.1. Transportation

6.2.5.2.1.2. Industrial Motive

6.2.5.2.1.3. Stationary Industrial

6.2.5.2.1.4. Residential

6.2.5.2.1.5. Commercial

6.2.5.2.1.6. Grid Storage

7. Competitive Landscape

    7.1. Competition Dashboard

    7.2. Company Profiles

 7.2.1.1. Exide Technologies

    7.2.1.1.1. Overview, Product Segmentation, Recent Development 

    7.2.1.1.2. SWOT Analysis

    7.2.1.1.3. Financial Analysis

 7.2.1.2. EnerSys

                        7.2.1.2.1. Overview, Product Segmentation, Recent Development 

    7.2.1.2.2. SWOT Analysis

    7.2.1.2.3. Financial Analysis

 7.2.1.3. GS Yuasa Corporation

    7.2.1.3.1. Overview, Product Segmentation, Recent Development 

    7.2.1.3.2. SWOT Analysis

    7.2.1.3.3. Financial Analysis

 7.2.1.4. Johnson Controls Inc.

    7.2.1.4.1. Overview, Product Segmentation, Recent Development 

    7.2.1.4.2. SWOT Analysis

    7.2.1.4.3. Financial Analysis 

 7.2.1.5. Yokohama Industries

    7.2.1.5.1. Overview, Product Segmentation, Business Strategy, Highlights of the company

Global Lead Acid Battery Market Reports - List of Tables

Table 1: Global Lead Acid Battery Market Revenue and Forecast by Application, 2012–2020 (US$ Mn)

Table 2: Global Lead Acid Battery Market Volume and Forecast by Application, 2012–2020 (‘000 Units)

Table 3: Global Lead Acid Battery Market Revenue and Forecast by Region, 2012–2020 (US$ Mn)

Table 4: Global Lead Acid Battery Market Volume and Forecast by Region, 2012–2020 (‘000 Units)

Table 5: Asia Pacific Lead Acid Battery Market Revenue and Forecast by Region, 2012–2020 (US$ Mn)

Table 6: Asia Pacific Lead Acid Battery Market Volume and Forecast by Region, 2012–2020 (‘000 Units)

Table 7: Asia Pacific Lead Acid Battery Market Revenue and Forecast by Application, 2012–2020 (US$ Mn)

Table 8: Asia Pacific Lead Acid Battery Market Volume and Forecast by Application, 2012–2020 (‘000 Units)

Table 9: Japan Lead Acid Battery Market Revenue and Forecast by Application, 2012–2020 (US$ Mn)

Table 10: Japan Lead Acid Battery Market Volume and Forecast by Application, 2012–2020 (‘000 Units)

Table 11-: Middle East & Africa Lead Acid Battery Market Revenue and Forecast by Region, 2012–2020 (US$ Mn)

Table 12-: Middle East & Africa Lead Acid Battery Market Volume and Forecast by Region, 2012–2020 (‘000 Units)

Table 13: Middle East & Africa Lead Acid Battery Market Revenue and Forecast by Application, 2012–2020 (US$ Mn)

Table 14: Middle East & Africa Lead Acid Battery Market Volume and Forecast by Application, 2012–2020 (‘000 Units)

Table 15: Latin America Lead Acid Battery Market Revenue and Forecast by Region, 2012–2020 (US$ Mn)

Table 16: Latin America Lead Acid Battery Market Volume and Forecast by Region, 2012–2020 (‘000 Units)

Table 17: Latin America Lead Acid Battery Market Revenue and Forecast by Application, 2012–2020 (US$ Mn)

Table 18: Latin America Lead Acid Battery Market Volume and Forecast by Application, 2012–2020 (‘000 Units)

Table 19: Western Europe Lead Acid Battery Market Revenue and Forecast by Region, 2012–2020 (US$ Mn)

Table 20: Western Europe Lead Acid Battery Market Volume and Forecast by Region, 2012–2020 (‘000 Units)

Table 21: Western Europe Lead Acid Battery Market Revenue and Forecast by Application, 2012–2020 (US$ Mn)

Table 22: Western Europe Lead Acid Battery Market Volume and Forecast by Application, 2012–2020 (‘000 Units)

Table 23: Eastern Europe Lead Acid Battery Market Revenue and Forecast by Application, 2012–2020 (US$ Mn)

Table 24: Eastern Europe Lead Acid Battery Market Volume and Forecast by Application, 2012–2020 (‘000 Units)

Table 25: North America Lead Acid Battery Market Revenue and Forecast by Region, 2012–2020 (US$ Mn)

Table 26 North America Lead Acid Battery Market Volume and Forecast by Region, 2012–2020 (‘000 Units)

Table 27: North America Lead Acid Battery Market Revenue and Forecast by Application, 2012–2020 (US$ Mn)

Table 28: North America Lead Acid Battery Market Volume and Forecast by Application, 2012–2020 (‘000 Units)

Global Lead Acid Battery Market Reports - List of Figures

Figure 1: Operational Representation of Lead Acid Battery

Figure 2: Global Lead Acid Battery Market – Value Chain

Figure 3: Global Lead Acid Battery Market Taxonomy

Figure 4: Global Lead Acid Battery Market Revenue (US$ Mn) & Y-o-Y Growth (%) Forecast, 2013–2020

Figure 5: Global Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 6: Global Automotive Production (‘000 Units) & Y-o-Y Growth (%) Forecast, 2013–2020

Figure 7: Global GDP Growth Rate (%), 2014–2020 

Figure 8: Lead Prices Growth (US$/Ton) – (2009–2014)

Figure 9: Global Lead Acid Battery Market Segmentation by Application (US$ Mn), 2014 & 2020

Figure 10: Global Lead Acid Battery Market Segmentation by Application (‘000 Units), 2014 & 2020

Figure 11: Global Lead Acid Battery Market Revenue Share, by Application, 2014 & 2020 (%)

Figure 12: Global Lead Acid Battery Market Revenue Y-o-Y Growth by Application, 2013–2020 (%)

Figure 13: Transportation Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 14: Motive Industrial Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 15: Stationary Industrial Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 16: Commercial Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 17: Residential Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 18: Grid Storage Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 19: Global Lead Acid Battery Market Attractiveness By Application, 2014

Figure 20: Global Lead Acid Battery Market Segmentation by Region (US$ Mn), 2014 & 2020

Figure 21: Global Lead Acid Battery Market Segmentation by Region (‘000 Units), 2014 & 2020

Figure 22: Global Lead Acid Battery Market Revenue Share by Region, 2014 & 2020 (%)

Figure 23: Global Lead Acid Battery Market Revenue Y-o-Y growth by Region, 2013–2020 (%)

Figure 24: Asia Pacific Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 25: Japan Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 26: Latin America Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 27: Middle East & Africa Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 28: North America Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 29: Western Europe Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 30: Eastern Europe Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 31: Global Lead Acid Battery Market Attractiveness by Region 2014

Figure 32: Asia Pacific Lead Acid Battery Market Segmentation by Region (US$ Mn), 2014 & 2020

Figure 33: Asia Pacific Lead Acid Battery Market Segmentation by Region (‘000 Units), 2014 & 2020

Figure 34: Asia Pacific Lead Acid Battery Market Revenue Share by Region, 2014 & 2020 (%)

Figure 35: Asia Pacific Lead Acid Battery Market Revenue Y-o-Y growth by Region, 2013–2020 (%)

Figure 36: India Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 37: China Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 38: ASEAN Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 39: Rest of Asia Pacific Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 40: Oceania Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 41: Asia Pacific Lead Acid Battery Market Attractiveness By Region, 2014

Figure 42: Middle East & Africa Lead Acid Battery Market Segmentation by Region (US$ Mn), 2014 & 2020

Figure 43: Middle East & Africa Lead Acid Battery Market Segmentation by Region (‘000), 2014 & 2020

Figure 44: Middle East & Africa Lead Acid Battery Market Revenue Share by Region, 2014 & 2020 (%)

Figure 45: Middle East & Africa Lead Acid Battery Market Revenue Y-o-Y growth By Region, 2013–2020 (%)

Figure 46: GCC Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 47: South Africa Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 48: Turkey Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 49: Rest of Middle East & Africa Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 50: Middle East & Africa Lead Acid Battery Market Attractiveness by Region 2014

Figure 51: Latin America Lead Acid Battery Market Segmentation by Region (US$ Mn), 2014 & 2020

Figure 52: Latin America Lead Acid Battery Market Segmentation by Region (‘000 Units), 2014 & 2020

Figure 53: Latin America Lead Acid Battery Market Revenue Share by Region, 2014 & 2020 (%)

Figure 54: Latin America Lead Acid Battery Market Revenue Y-o-Y growth by Region, 2013–2020 (%)

Figure 55: Mexico Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 56: Brazil Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 57: Rest of Latin America Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 58: Latin America Lead Acid Battery Market Attractiveness by Region 2014

Figure 59: Western Europe Lead Acid Battery Market Segmentation by Region (US$ Mn), 2014 & 2020

Figure 60: Western Europe Lead Acid Battery Market Segmentation by Region (‘000), 2014 & 2020

Figure 61: Western Europe Lead Acid Battery Market Revenue Share by Region, 2014 & 2020 (%)

Figure 62: Western Europe Lead Acid Battery Market Revenue Y-o-Y growth by Region, 2013–2020 (%)

Figure 63: Germany Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 64: Italy Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 65: France Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 66: U.K. Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 67: Spain Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 68: Rest of Western Europe Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 69: Western Europe Lead Acid Battery Market Attractiveness By Region, 2014

Figure 70: North America Lead Acid Battery Market Segmentation by Region (US$ Mn), 2014 & 2020

Figure 71: North America Lead Acid Battery Market Segmentation by Region (‘000 Units), 2014 & 2020

Figure 72: North America Lead Acid Battery Market Revenue Share by Region, 2014 & 2020 (%)

Figure 73: North America Lead Acid Battery Market Revenue Y-o-Y growth by Region, 2013–2020 (%)

Figure 74: U.S. Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 75: Canada Lead Acid Battery Market Absolute $ Opportunity, 2013–2020 (US$ Mn)

Figure 76: North America Lead Acid Battery Market Attractiveness By Region, 2014