This XploreMR study offers an analysis and forecast of the global lead acid battery market for the period 2014 to 2020. The lead acid battery market study considers 2013 as the base year, with market values of lead acid battery estimated for the year 2014, and forecast developed for the duration between 2014 and 2020. Compound Annual Growth Rate (CAGR) has been calculated from 2014 to 2020. The study covers various perspectives of the lead acid battery market, including market dynamics, value chain, pricing analysis, competition analysis, regional and segmental growth comparison, and macro-economic and industry growth analysis, along with segment level projections, in a comprehensive manner. As per the findings of the study and perspectives of industry participants, the global lead acid battery market is projected to grow at a CAGR of 4.6% between 2014 and 2020, in terms of value. Growing disposable income, economic growth, industrial and technological developments, and the emerging automotive industry in developing economies are some of the factors positively impacting the consumption of lead acid battery in the Asia Pacific, Japan, Middle East & Africa, and Latin America market.
The XploreMR report on the lead acid battery market carefully analyses the market on a global and regional level through market segmentation on the basis of key parameters such as country and application. The primary objective of the report is to offer key insights on the lead acid battery market updates, competition positioning, current trends, market potential, growth rates, and other relevant information and statistics in a suitable manner to the readers or various stakeholders of the lead acid battery market.
A lead acid battery is a type of a battery that is used in various end uses, such as automobiles, UPS, power backup, etc. A lead acid battery also has operational benefits such as longer cycle life, low self-discharge, and comparatively lower cost than other battery types.
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Lead Acid Battery Market: Segmentation
· Motive Industrial
· Stationary Industrial
· Grid Storage
· Asia Pacific
· Middle East and Africa
· Latin America
Lead Acid Battery Market: Report Structure
The lead acid battery market report is structured in such a way that it will allow the reader to develop a thorough understanding of the market. The lead acid battery market report begins with the market introduction, which covers the market taxonomy and product definitions for the assessment of the target lead acid battery market. In the next section, the report describes the market development background of lead acid battery, and covers macro-economic factors, industry factors, forecast factors, regional weighted average pricing analysis of lead acid battery, value chain overview covering approximate margins, an indicative list of stakeholders involved in each stage, and an assessment of the lead acid battery market for the base year considered for the study.
The next section of the lead acid battery market report discusses market dynamics such as the drivers, restraints, and trends impacting the market growth on a global level. The lead acid battery market opportunities or potential for manufacturers have been presented in the subsequent section of the same chapter. This section also includes the impact assessment of market dynamics on the global lead acid battery market on a qualitative level based on analysis facts and insights.
Subsequent sections of the lead acid battery market report provide value (US$ Mn) and volume (Units) projections for the lead acid battery market on the basis of the aforementioned segments on a global level. The global lead acid battery market values represented in this section have been agglomerated by collecting data and information on a regional level. The lead acid battery market information, along with key facts and insights, cover unique analysis frameworks such as absolute $ opportunity analysis, year-on-year growth trend comparison, market share, and attractiveness analysis for each of the applications in covered in the segment.
The next section of the lead acid battery market report presents a summarised view of the Asia Pacific, Japan, Middle East & Africa, and Latin America lead acid battery market based on four prominent regions considered in the study. The section includes the regional market position, growth potential, trends, and market attractiveness analysis for each of these regions.
Lead Acid Battery Market: Research Methodology
The lead acid battery market analysis sections cover Y-o-Y growth trends, market share analysis, market attractiveness, and incremental $ opportunity assessment for each of the aforementioned segment. These sections analyse the degree at which the market drivers are influencing the lead acid battery market in each region.
In order to offer an accurate forecast, we started by sizing the current market, which forms the basis of how the global lead acid battery market is expected to develop in the future. Given the characteristics of the lead acid battery market, we triangulated the outcome of three different types of analysis based on primary research, secondary research, and our own analysis. However, forecasting the market in terms of various lead acid battery market segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the completion of the forecasting exercise.
In addition, it is imperative to note that, in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the lead acid battery market and identify the right opportunities available.
All the lead acid battery market segments, in terms of application and region, have been analysed on the basis of Basis Point Share (BPS) to understand each individual segment’s relative contribution to market growth. This detailed level of information is important for the identification of various key trends witnessed in the lead acid battery market.
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Another key feature of this report is the analysis of all the key segments in the lead acid battery market, and the regional adoption and revenue forecast in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the lead acid battery market; however, the absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the lead acid battery market.
In order to understand the key market segments in terms of the growth and consumption of lead acid battery across the concerned regions, XploreMR has developed an attractiveness index which will help providers identify real market opportunities.
Lead Acid Battery Market: Competitive Landscape
In the final section of the report, a competitive landscape of the lead acid battery market has been included to provide report audiences with a dashboard view, categorised on the basis of lead acid battery providers present in the value chain, their presence in the lead acid battery market, and key differentiating factors and strategies. The primary category of lead acid battery providers covered in the report is lead acid battery manufacturers. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key lead acid battery providers specific to a market segment in the value chain of the lead acid battery market. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors on the basis of in-depth assessment of their capabilities and success in the lead acid battery marketplace. Detailed profiles of the lead acid battery providers have also been included under the scope of the lead acid battery report, to evaluate their long- and short-term strategies, key offerings, and recent developments pertaining to the lead acid battery market. Examples of some of the key competitors covered in the lead acid battery market report include Exide Technologies, EnerSys, GS Yuasa Corporation, Johnson Controls Inc., and Yokohama Industries.