logo

Stationary Lead-Acid Battery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Lead Acid Stationary Battery Storage Market Analysis and it is segmented by Technology (Flooded, and VRLA (Valve Regulated Lead Acid)), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

Home Market Analysis Energy & Power Research Battery Research Lead Acid Battery Research Stationary Lead Acid Battery Research Industrial Lead Acid Battery Market

Stationary Lead Acid Battery Market Size

Stationary Lead-acid Battery - Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
CAGR > 4.00 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Stationary Lead-acid Battery Market

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Stationary Lead-acid Battery Market with other markets in Energy & Power Industry

Oil and Gas

Power

Battery

Decommissioning

Emerging Energy Technologies

Energy Storage Technology

Stationary Lead Acid Battery Market Analysis

The stationary lead acid battery market is expected to grow at a CAGR of over 4% during the period of 2020-2025. Factors such growing industrial sector and the low cost of lead-acid batteries, to drive the secondary lead-acid battery market during the forecast period. However, declining lithium-ion battery prices and increasing electric vehicles sales, are likely to restrain the growth of the secondary lead-acid battery market in the coming years. 

  • Valve regulated lead-acid battery is expected to dominate the market due to the increasing application in power backup systems around the world.
  • Decreasing cost of solar PV equipment and supportive global initiatives over concern of rising pollution, is expected to increase the utilization of off-grid solar projects  significantly, which in turn is  expected to provide great opportunity for the stationary lead-acid battery market in forecast period.
  • Asia-Pacific is expected to dominate the stationary lead acid battery market, with the majority of the demand coming from the China, Japan, and India.

Stationary Lead Acid Battery Market Trends

This section covers the major market trends shaping the Stationary Lead-acid Battery Market according to our research experts:

Valve Regulated Battery to Dominate The Market

  • Valve regulated battery are designed majorly for power back up system and therefore, it is always installed with the various charging system, which means that there is a continuous cycle of charge and discharge in the battery whenever the application is in use. The 12-volt batteries have been the most commonly used batteries for more than 50 years.
  • The major factors attributing to the growth of valve regulated battery market is the increasing demand for these batteries to power back-up system application such as Telecom, UPS, Energy Storage Systems (ESS), etc. for high performance, long life, and cost efficiency.
  • Lead acid battery is the technology of choice for all valve regulated battery applications in conventional UPS application, such UPS for telecom industry, data centre industry, etc.
  • Although there has been a slight decline in market growth for the valve regulated battery, due to increasing demand for lithium ion batteries, modern power back-up technologies are expected to continue to use valve regulated battery type lead acid batteries to provide power for a range of electronics and safety features within the power back-up system.
  • Therefore, the aforementioned factors are expected to drive the market in forecast period, similar to the trend witnessed in recent years.
Sationary Lead Acid Battery Market

Asia-Pacific to Dominate the Market Growth

  • Asia-Pacific is expected to dominate the stationary lead acid battery market, with the majority of the demand coming from the China, Japan, and India.
  • Major countries of Asia Pacific region, is focusing on increasing the number of data centres installed across the countries, due to the growth of the IT sector. Lead acid batteries are expected to be used as a backup power solution in these data centres owing to their functionality across a wide temperature range.
  • Moreover, the government of China is planning to increase the number of hospitals in China is expected to drive the requirement for power backup devices, which in turn will increase the demand for stationary lead-acid batteries.
  • Moreover, favorable government policies in the region along with growing number of public-private partnership projects are expected to augment the usage of lead-acid batteries in the buildings.
  • Additionally, in India, the growing IT industry sector, increasing number of solar power projects, and continuous expansion of telecommunication infrastructure is expected to drive the demand for stationary lead acid batteries in the country.
  • The telecom sector remains as one of the most promising end users for lead-acid batteries in India.The Indian telecommunication sector has registered a strong growth over the past decade and is currently, the world's second-largest telecommunications market, with a subscriber base of 1.19 billion as of 2018.
  • Therefore due to increasing economies of countries such as India and China, and the growth of power backup systems, growth of telecommunication sector in India and favorable government policies in the region are expected to help grow the market.
Stationary Lead-acid Battery Market

Stationary Lead Acid Battery Industry Overview

The stationary lead-acid battery market is fragmented. Some of key players in this market include Panasonic Corporation, GS Yuasa Corporation, EnerSys, East Penn Manufacturing Co, and Leoch International Technology Limited.

Stationary Lead Acid Battery Market Leaders

  1. Panasonic Corporation

  2. Leoch International Technology Limited

  3. East Penn Manufacturing Co.

  4. EnerSys

  5. GS Yuasa Corporation

*Disclaimer: Major Players sorted in no particular order

Stationary Lead-acid Battery - Market Concentration.png
Need More Details on Market Players and Competitors?
Download PDF

Stationary Lead Acid Battery Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Scope of the Study

    2. 1.2 Market Definition

    3. 1.3 Study Assumptions

  2. 2. EXECUTIVE SUMMARY

  3. 3. RESEARCH METHODOLOGY

  4. 4. MARKET OVERVIEW

    1. 4.1 Introduction

    2. 4.2 Market Size and Demand Forecast, in USD billion, till 2025

    3. 4.3 Recent Trends and Developments

    4. 4.4 Government Policies and Regulations

    5. 4.5 Market Dynamics

      1. 4.5.1 Drivers

      2. 4.5.2 Restraints

    6. 4.6 Supply Chain Analysis

    7. 4.7 Porter's Five Forces Analysis

      1. 4.7.1 Bargaining Power of Suppliers

      2. 4.7.2 Bargaining Power of Consumers

      3. 4.7.3 Threat of New Entrants

      4. 4.7.4 Threat of Substitutes Products and Services

      5. 4.7.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Technology

      1. 5.1.1 Flooded

      2. 5.1.2 VRLA (Valve Regulated Lead Acid)

    2. 5.2 Geography

      1. 5.2.1 North America

      2. 5.2.2 Europe

      3. 5.2.3 Asia-Pacific

      4. 5.2.4 South America

      5. 5.2.5 Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Strategies Adopted by Leading Players

    3. 6.3 Company Profiles

      1. 6.3.1 Johnson Controls International PLC

      2. 6.3.2 Exide Technologies Inc.

      3. 6.3.3 GS Yuasa Corporation

      4. 6.3.4 EnerSys

      5. 6.3.5 East Penn Manufacturing Co.

      6. 6.3.6 C&D Technologies Inc.

      7. 6.3.7 Amara Raja Batteries Ltd

      8. 6.3.8 Leoch International Technology Limited

      9. 6.3.9 Panasonic Corporation

    4. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Stationary Lead Acid Battery Industry Segmentation

The stationary lead-acid battery market report include:

By Technology
Flooded
VRLA (Valve Regulated Lead Acid)
Geography
North America
Europe
Asia-Pacific
South America
Middle-East and Africa
Need A Different Region Or Segment?
Customize Now

Stationary Lead Acid Battery Market Research FAQs

The Stationary Lead-acid Battery Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

Panasonic Corporation, Leoch International Technology Limited, East Penn Manufacturing Co., EnerSys and GS Yuasa Corporation are the major companies operating in the Stationary Lead-acid Battery Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the North America accounts for the largest market share in Stationary Lead-acid Battery Market.

The report covers the Stationary Lead-acid Battery Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Stationary Lead-acid Battery Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Stationary Lead Acid Mattery Industry Report

Statistics for the 2024 Stationary Lead Acid Mattery market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Stationary Lead Acid Mattery analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Stationary Lead Acid Mattery Market Report Snapshots

close-icon
80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

Stationary Lead-Acid Battery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)