Growth in the automobile industry is expected to boost the global lead acid battery market. Additionally, superior properties of lead acid battery over other conventional batteries are further anticipated to drive the overall lead acid battery market. Development of innovative lead acid battery products is likely to provide new opportunities for the lead acid battery market. Even though there are many alternative energy cells available, lead acid battery remains the major source of power supply. Lead acid batteries are currently the only available mass market technology for SLI applications in conventional vehicles. Lead acid batteries excellent cold cranking performance is also one of the factors that make it one of the most suitable batteries for automobile applications. In addition, rise in demand for lead acid batteries for the replacement of worn out and dead batteries in the vehicles are further expected to augment the market. Lead acid batteries offer superior properties than that compared to other conventional batteries such as nickel cadmium and lithium ion batteries.
Read More Info @ http://www.futuremarketinsights.com/reports/details/global-lead-acid-battery-market
In this study, we analyze the global lead acid battery Market during 2014-2020. We focus on:
Market size and forecast, 2013-2020
Key drivers and developments in the global lead acid battery
Key Geographies/ Countries Covered
APAC, North America, Eastern Europe, Western Europe, Latin America, Middle East and Africa, Japan
Other Key Topics
Application segments market size by geography
Examples of key Companies Covered
Enersys, GSYUASA, Exide technologies, Johnson Controls
Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial...