Market by Product, Type, End-user, and Geography | Forecast 2019-2027
After studying the lead-acid battery market in North America, Triton Market Research has concluded that it would grow at a CAGR of 2.75% in the estimated years 2019-2027.
The countries scrutinized in the North America market for lead-acid batteries are:
• The United States
• Canada
The superlative performance and the longevity of lead-acid batteries are the primary drivers of the lead-acid battery market in North America. Besides, the high adoption of these batteries in for use in electric vehicles and their low cost in comparison with Li-ion batteries also drive the growth of this market. Stationary lead-acid or SLA batteries are used in data centers for energy storage purposes. Thus, the growing number of data centers also helps in adding growth to the market.
In 2018, the United States captured the largest share in the North American lead-acid battery market, and is as well expected to be the fastest-growing country in this market in the coming years. The escalating y-o-y automobile sales and the rising adoption of electric vehicles are driving the market growth in the US. In vehicles, lead-acid batteries are used for start-stop functions, and are thus extensively deployed for this purpose. Any growth in the production and sales of automobiles, therefore, drives the growth of the market for lead-acid batteries. Moreover, electric vehicles also require the usage of these batteries to perform the start-light-ignition (SLI) functions. Lead-acid batteries are 100% recyclable and emit less carbon dioxide; thus, their sustainability makes them a suitable choice for use in EVs.
NorthStar is a US-based company producing lead-acid batteries and battery cabinets. The company provides lead-acid batteries in various designs and specifications. In August 2018, it collaborated with Daimler to create a first-of-its-kind ultra-high-performance pure lead absorbent glass mat battery, with 220 Amp/Hr. Headquartered in Springfield, the company employs around 500 people in more than 120 countries.
1. NORTH
AMERICA LEAD—ACID BATTERY MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. RELIABLE
PERFORMANCE OF LEAD—ACID BATTERIES INCREASES THEIR SALES
2.2.2. LOW
ENERGY DENSITY OF LEAD—ACID BATTERY REDUCES THEIR SELLING POTENTIAL
2.2.3. VRLA
BATTERIES ARE THE FASTEST-GROWING LEAD—ACID BATTERIES BY TYPE
2.3. EVOLUTION
& TRANSITION OF LEAD—ACID BATTERY
2.4. PORTER’S
FIVE FORCES ANALYSIS
2.4.1. THREAT
OF NEW ENTRANTS
2.4.2. THREAT
OF SUBSTITUTE
2.4.3. BARGAINING
POWER OF SUPPLIERS
2.4.4. BARGAINING
POWER OF BUYERS
2.4.5. THREAT
OF COMPETITIVE RIVALRY
2.5. KEY
IMPACT ANALYSIS
2.5.1. APPLICATION
2.5.2. COST
2.5.3. LIFE
SPAN
2.6. MARKET
ATTRACTIVENESS INDEX
2.7. VENDOR
SCORECARD
2.8. INDUSTRY
COMPONENTS
2.9. REGULATORY
FRAMEWORK
2.10. MARKET
DRIVERS
2.10.1.
COMPARATIVELY LOW COST
2.10.2.
HIGH SUSTAINABILITY AS
COMPARED TO ALTERNATIVE PRODUCTS
2.10.3.
GROWING DEMAND FROM HYBRID
ELECTRIC VEHICLES
2.11. MARKET
RESTRAINTS
2.11.1.
SLOWDOWN IN AUTOMOTIVE SECTOR
2.11.2.
INCREASING LEAD POLLUTION
2.12. MARKET
OPPORTUNITIES
2.12.1.
GROWTH OF OFF-GRID RENEWABLE
ENERGY GENERATION
2.12.2.
INCREASING USE OF SLA
BATTERIES IN DATA CENTERS
2.13. MARKET
CHALLENGES
2.13.1.
ADOPTION OF DRY BATTERIES
3. NORTH
AMERICA LEAD—ACID BATTERY MARKET OUTLOOK – BY PRODUCT
3.1. SLI
BATTERIES
3.2. MICRO
HYBRID BATTERIES
4. NORTH
AMERICA LEAD—ACID BATTERY MARKET OUTLOOK – BY TYPE
4.1. FLOODED
BATTERIES
4.2. ENHANCED
FLOODED BATTERIES
4.3. VRLA
BATTERIES
5. NORTH
AMERICA LEAD—ACID BATTERY MARKET OUTLOOK – BY END-USER
5.1. AUTOMOTIVE
5.2. TELECOMMUNICATION
5.3. UPS
5.4. OTHERS
6. NORTH
AMERICA LEAD—ACID BATTERY MARKET – REGIONAL OUTLOOK
6.1. UNITED
STATES
6.2. CANADA
7. COMPETITIVE
LANDSCAPE
7.1. B.B.
BATTERY CO.
7.2. C&D
TECHNOLOGIES, INC. (ACQUIRED BY KPS CAPITAL PARTNER)
7.3. CROWN
BATTERY
7.4. CSB
BATTERY COMPANY LTD. (ACQUIRED BY HITACHI CHEMICAL ENERGY TECHNOLOGY)
7.5. EAST
PENN MANUFACTURING
7.6. ENERSYS
7.7. EXIDE
TECHNOLOGIES, INC.
7.8. GS
YUASA CORPORATION
7.9. CLARIOS
(FORMERLY JOHNSONS CONTROLS POWER SOLUTIONS)
7.10. NARADA
POWER SOURCE CO., LTD.
7.11. NIPRESS
7.12. NORTHSTAR
7.13. TOSHIBA
CORPORATION
7.14. ZIBO
TORCH ENERGY CO., LTD.
7.15. REEM
BATTERIES & POWER APPLIANCES CO. SAOC
TABLE 1: NORTH AMERICA
LEAD—ACID BATTERY MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: BATTERY
TECHNOLOGY COMPARISON
TABLE 3: VENDOR
SCORECARD
TABLE 4: REGULATORY
FRAMEWORK
TABLE 5: TECHNICAL
PERFORMANCE COMPARISON OF BATTERY
TABLE 6: WORLDWIDE
LITHIUM-ION BATTERY CAPACITY
TABLE 7: NORTH AMERICA
LEAD—ACID BATTERY MARKET, BY PRODUCT, 2019-2027 (IN $ MILLION)
TABLE 8: NORTH AMERICA
LEAD—ACID BATTERY MARKET, BY TYPE, 2019-2027 (IN $ MILLION)
TABLE 9: NORTH AMERICA
LEAD—ACID BATTERY MARKET, BY END-USER, 2019-2027 (IN $ MILLION)
TABLE 10: NORTH AMERICA
LEAD—ACID BATTERY MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
FIGURE 1: RECYCLING
RATES-PERCENTAGE OF RECLAIMED MATERIAL IN UNITED STATES
FIGURE 2: TIMELINE OF
LEAD—ACID BATTERY
FIGURE 3: PORTER’S FIVE
FORCES ANALYSIS
FIGURE 4: KEY BUYING
IMPACT ANALYSIS
FIGURE 5: MARKET
ATTRACTIVENESS INDEX
FIGURE 6: INDUSTRY
COMPONENTS
FIGURE 7: ENERGY
CONSUMPTION BY BATTERIES IN MEGAJOULES PER KG
FIGURE 8: AVERAGE CO2
EMISSIONS PER KG BY BATTERY TECHNOLOGIES
FIGURE 9: NORTH AMERICA
LEAD—ACID BATTERY MARKET, BY SLI BATTERIES, 2019-2027 (IN $ MILLION)
FIGURE 10: NORTH
AMERICA LEAD—ACID BATTERY MARKET, BY MICRO HYBRID BATTERIES, 2019-2027 (IN $
MILLION)
FIGURE 11: NORTH
AMERICA LEAD—ACID BATTERY MARKET, BY FLOODED BATTERIES, 2019-2027 (IN $
MILLION)
FIGURE 12: NORTH
AMERICA LEAD—ACID BATTERY MARKET, BY ENHANCED FLOODED BATTERIES, 2019-2027 (IN
$ MILLION)
FIGURE 13: NORTH
AMERICA LEAD—ACID BATTERY MARKET, BY VRLA BATTERIES, 2019-2027 (IN $ MILLION)
FIGURE 14: NORTH
AMERICA LEAD—ACID BATTERY MARKET, BY AUTOMOTIVE, 2019-2027 (IN $ MILLION)
FIGURE 15: NORTH
AMERICA LEAD—ACID BATTERY MARKET, BY TELECOMMUNICATION, 2019-2027 (IN $
MILLION)
FIGURE 16: NORTH
AMERICA LEAD—ACID BATTERY MARKET, BY UPS, 2019-2027 (IN $ MILLION)
FIGURE 17: NORTH
AMERICA LEAD—ACID BATTERY MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 18: NORTH
AMERICA LEAD—ACID BATTERY MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 19: UNITED
STATES LEAD—ACID BATTERY MARKET, 2019-2027 (IN $ MILLION)
FIGURE 20: CANADA
LEAD—ACID BATTERY MARKET, 2019-2027 (IN $ MILLION)