Stationary Lead Acid Battery 2018 – Key Players, Region, Types, Application and Forecasts To 2023

1
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

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2
Global Stationary Lead Acid Battery Market Size
And Forecast, 2011-2023

• 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 governments 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 _at_
  https//www.adroitmarketresearch.com/industry-repo
  rts/stationary-lead-acid-battery-market

3
Global Stationary Lead Acid Battery Market Size
And Forecast, 2011-2023

• 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 RD 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.

4
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

5
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 _at_
  https//www.adroitmarketresearch.com/researchrepor
  t/purchase/6

6
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