The global lead acid battery market is expected to reach USD 52.5 billion by 2024, from USD 41.6 billion in 2019, at a CAGR of 4% during the forecast period. As the booming telecommunication sector and data industry expand, cost-effective battery storage solutions are required to provide backup power and are expected to be the most important catalysts driving the development of this market.
A full report of Lead Acid Battery Market available at: https://www.orionmarketreports.com/lead-acid-battery-market/11118/
Key Market Players
• Chloride Batteries
• Nipress
• B.B. Battery
• Zibo Torch Energy
• Johnson Controls
• East Penn Manufacturing
• Crown Battery
• Fujian Quanzhou Dahua Battery
• Panasonic Corporation
• NorthStar
• EnerSys
• C&D Technologies
Lead Acid Battery Market Segmentation
By Type
• VRLA Battery
• Flooded Battery
• Others
By Application
• UPS
• Motorcycles and Electric Bikes
• Automotive
• Others
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