Market Overview:
The global flooded lead-acid batteries for vehicle market is estimated to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electric vehicles and hybrid vehicles across the globe. In addition, the growing awareness about environment-friendly options is also propelling the growth of this market. The global flooded lead-acid batteries for vehicle market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into general flooded lead-acid batteries and enhanced flooded battery (EFB). The general flooded lead acid battery segment is expected to hold a major share in terms of revenue in 2018 owing to its low cost as compared to other types of batteries available in this market. However, with technological advancements being made in EFBs, this segment is expected to witness high growth during the forecast period. On the basis of application, it can be classified into passenger cars, commercial vehicles, recreational vehicles (RVs), and others (including buses & trucks). Passenger cars are anticipated to account for a major share in terms of revenue due their high adoption rate globally as compared other applications considered within this study.
Product Definition:
A flooded lead-acid battery is a type of lead-acid battery that uses an electrolyte solution to store energy. This type of battery is often used in vehicles because it can withstand extreme temperatures and has a long lifespan.
General Flooded Lead-Acid Batteries:
Flooded lead-acid batteries are used in a variety of applications including electric vehicles, forklifts, golf carts and other hybrid electric vehicles. The growing demand for these types of batteries is attributed to the increasing need for energy storage across various sectors such as residential & commercial buildings, automobiles and grid storage systems.
General flooded lead-acid battery consists of two major components namely Lead Acid Battery (LA) and Water Absorbing Gel Pack (WAG).
Enhanced Flooded Battery (EFB):
Enhanced flooded battery (EFB) is a type of lithium-ion battery that uses liquid electrolyte and has no dry cells. It can be used in vehicles for storing energy in the event of power failure or loss of electrical systems. The EFB market is expected to witness significant growth over the forecast period owing to increasing demand for electric vehicles from consumers, along with stringent government regulations regarding greenhouse gas emissions.
Application Insights:
The passenger cars segment held the largest share of over 70.0% in 2017. The growth can be attributed to the increasing production of electric passenger cars in China, Japan and Germany in recent years. For instance, as per the reports published by IEA, there were nearly 2 million plug-in vehicles on roads around the world at end-2016; this number increased by nearly 300,000 units from end-2015 and was more than double than 2014 figure.
EFB batteries are used for various applications including power banks, UPS systems among others which is expected to drive their demand over next eight years especially during emergencies or natural disasters when people need immediate assistance for saving important data or information from getting lost due tointerrupted supply of electricity owing to damage caused by severe weather conditions such as floods or earthquakes etcetera across different regions globally.
Regional Analysis:
Asia Pacific dominated the global flooded lead-acid batteries for vehicle market in 2016 and is expected to continue its dominance over the forecast period. The presence of key players such as Panasonic Corporation, Johnson Controls, and LG Chem Ltd. has led to high demand for these batteries across this region. Moreover, rising sales of electric vehicles across China and India are further anticipated to drive growth over the next eight years.
North America occupied a significant share in 2016 owing to growing investments by companies such as Exide Inc., Johnson Controls, and Odyssey Battery Company among others that manufacture these batteries in this region due to advantages offered by them such as higher efficiency than other counterparts along with lower cost per cycle compared to primary lead acid battery which makes it an attractive product for automotive applications particularly hybrid & electric vehicles and public transportation systems for energy storage applications etc.).
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This will lead to an increase in the demand for flooded lead-acid batteries, as they are used in most electric vehicles.
- Government initiatives and subsidies: Governments across the globe are promoting the use of electric vehicles by providing subsidies and incentives. This is expected to drive the growth of the flooded lead-acid battery market for vehicle applications during the forecast period.
- Technological advancements: The development of new technologies such as lithium-ion batteries has led to a decline in prices of these batteries, which has resulted in their increased adoption across various applications, including vehicular applications. However, flooded lead-acid batteries still have an edge over lithium ion batteries when it comes to price and performance ratio; this is likely to result in continued growth of this segment during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flooded Lead-Acid Batteries for Vehicle Market Research Report
By Type
General Flooded Lead-Acid Batteries, Enhanced Flooded Battery (EFB)
By Application
Passenger Cars, Commercial Vehicles, Recreational Vehivles
By Companies
Johnson Controls, Exide, CSB Battery, GS Yuasa, Enersys, EAST PENN Manufacturing, FIAMM, Sebang, Atlasbx, Amara Raja, C&D Technologies, Trojan, NorthStar Battery, Midac Batteries, ACDelco
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Flooded Lead-Acid Batteries for Vehicle Market Report Segments:
The global Flooded Lead-Acid Batteries for Vehicle market is segmented on the basis of:
Types
General Flooded Lead-Acid Batteries, Enhanced Flooded Battery (EFB)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicles, Recreational Vehivles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Johnson Controls
- Exide
- CSB Battery
- GS Yuasa
- Enersys
- EAST PENN Manufacturing
- FIAMM
- Sebang
- Atlasbx
- Amara Raja
- C&D Technologies
- Trojan
- NorthStar Battery
- Midac Batteries
- ACDelco
Highlights of The Flooded Lead-Acid Batteries for Vehicle Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- General Flooded Lead-Acid Batteries
- Enhanced Flooded Battery (EFB)
- By Application:
- Passenger Cars
- Commercial Vehicles
- Recreational Vehivles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flooded Lead-Acid Batteries for Vehicle Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flooded lead-acid batteries are a type of battery that uses lead and acid to create electricity. These batteries are often used in vehicles because they have a long life and can be discharged slowly, which helps prevent them from exploding.
Some of the major players in the flooded lead-acid batteries for vehicle market are Johnson Controls, Exide, CSB Battery, GS Yuasa, Enersys, EAST PENN Manufacturing, FIAMM, Sebang, Atlasbx, Amara Raja, C&D Technologies, Trojan, NorthStar Battery, Midac Batteries, ACDelco.
The flooded lead-acid batteries for vehicle market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flooded Lead-Acid Batteries for Vehicle Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Flooded Lead-Acid Batteries for Vehicle Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flooded Lead-Acid Batteries for Vehicle Market - Supply Chain
4.5. Global Flooded Lead-Acid Batteries for Vehicle Market Forecast
4.5.1. Flooded Lead-Acid Batteries for Vehicle Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flooded Lead-Acid Batteries for Vehicle Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flooded Lead-Acid Batteries for Vehicle Market Absolute $ Opportunity
5. Global Flooded Lead-Acid Batteries for Vehicle Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Type
5.3.1. General Flooded Lead-Acid Batteries
5.3.2. Enhanced Flooded Battery (EFB)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flooded Lead-Acid Batteries for Vehicle Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Application
6.3.1. Passenger Cars
6.3.2. Commercial Vehicles
6.3.3. Recreational Vehivles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flooded Lead-Acid Batteries for Vehicle Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Flooded Lead-Acid Batteries for Vehicle Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Flooded Lead-Acid Batteries for Vehicle Demand Share Forecast, 2019-2026
9. North America Flooded Lead-Acid Batteries for Vehicle Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Application
9.4.1. Passenger Cars
9.4.2. Commercial Vehicles
9.4.3. Recreational Vehivles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Type
9.7.1. General Flooded Lead-Acid Batteries
9.7.2. Enhanced Flooded Battery (EFB)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Flooded Lead-Acid Batteries for Vehicle Demand Share Forecast, 2019-2026
10. Latin America Flooded Lead-Acid Batteries for Vehicle Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Application
10.4.1. Passenger Cars
10.4.2. Commercial Vehicles
10.4.3. Recreational Vehivles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Type
10.7.1. General Flooded Lead-Acid Batteries
10.7.2. Enhanced Flooded Battery (EFB)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Flooded Lead-Acid Batteries for Vehicle Demand Share Forecast, 2019-2026
11. Europe Flooded Lead-Acid Batteries for Vehicle Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Application
11.4.1. Passenger Cars
11.4.2. Commercial Vehicles
11.4.3. Recreational Vehivles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Frecast by Type
11.7.1. General Flooded Lead-Acid Batteries
11.7.2. Enhanced Flooded Battery (EFB)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Flooded Lead-Acid Batteries for Vehicle Demand Share, 2019-2026
12. Asia Pacific Flooded Lead-Acid Batteries for Vehicle Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Application
12.4.1. Passenger Cars
12.4.2. Commercial Vehicles
12.4.3. Recreational Vehivles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Type
12.7.1. General Flooded Lead-Acid Batteries
12.7.2. Enhanced Flooded Battery (EFB)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Flooded Lead-Acid Batteries for Vehicle Demand Share, 2019-2026
13. Middle East & Africa Flooded Lead-Acid Batteries for Vehicle Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Application
13.4.1. Passenger Cars
13.4.2. Commercial Vehicles
13.4.3. Recreational Vehivles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Flooded Lead-Acid Batteries for Vehicle Market Size and Volume Forecast by Type
13.7.1. General Flooded Lead-Acid Batteries
13.7.2. Enhanced Flooded Battery (EFB)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Flooded Lead-Acid Batteries for Vehicle Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Flooded Lead-Acid Batteries for Vehicle Market: Market Share Analysis
14.2. Flooded Lead-Acid Batteries for Vehicle Distributors and Customers
14.3. Flooded Lead-Acid Batteries for Vehicle Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Johnson Controls
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Exide
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CSB Battery
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GS Yuasa
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Enersys
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. EAST PENN Manufacturing
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. FIAMM
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sebang
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Atlasbx
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Amara Raja
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. C&D Technologies
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Trojan
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. NorthStar Battery
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Midac Batteries
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. ACDelco
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
