Africa Lead Acid Battery Market Foreseen to Grow Exponentially by 2021

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Lead Acid Battery Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2021

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• Lead Acid Battery Market Snapshot

• Transparency Market Research observes that the
  vendor landscape for Africa lead acid battery is
  foreseen to be moderately competitive and is
  expected to be led by a handful of market
  players. 
• Exide Technologies, DIXON Batteries, First
  National Battery Ltd., EnerSys, and Johnson
  Controls Inc. are some of the noted market
  players that are dominating Africa lead acid
  battery market.
• Expansion of usage of lead acid battery to brand
  new application areas with promise of high growth
  and introduction of better, effective batteries
  at reasonable prices could be the key to success
  in the Africa lead acid battery market.

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Low Cost Price to Generate Market Demand 

• There has been an improvement in the African
  economy as such, the purchasing power of people
  has been enhanced.
• In addition to that, automobile segment has
  witnessed massive growth in the recent times as
  well.
• The demand for passenger vehicles has increased
  substantially and it is set to rise further in
  the years to come. There has been an increase in
  the production of vehicles following rising
  demand for automobiles.
• As such, manufacturing of lead acid battery has
  increased thereby stimulating growth of Africa
  lead acid batter market. The usage of lead acid
  batteries in airplanes, buses, cars, trains, and
  trucks is supporting its growth in Africa. 

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Growth of Lead Acid Battery Market

• The increasing requirement for inverters and UPS
  systems in industries and homes are also fuelling
  the demand for lead acid batteries.
• The usage of inverters and UPS systems is
  complementary to that of the lead acid batteries.
  All inverters and UPS systems need batteries to
  run and lead acid batteries are considered to be
  the most effective amongst the energy storage
  sources.
• Reliability and cost effectiveness will increase
  the requirement for these batteries in Africa in
  the years to come.
•   However, materials that used in the process of
  manufacturing of lead acid batteries such as
  sulfuric acid and lead are dangerous substances,
  and need proper handling.

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Some of the most prominent companies operating in
Market

• Exide Technologies
• DIXON Batteries
• First National Battery Ltd.
• EnerSys, and Johnson Controls Inc. 

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