Market Overview:
The global lead acid battery for ESS market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy storage solutions owing to the rising need for grid stability and renewable energy integration. In addition, the growing number of electric vehicles is also expected to drive the demand for lead acid batteries in ESS applications over the forecast period. The global lead acid battery for ESS market can be segmented on the basis of type, application and region. On the basis of type, it can be divided into utility-owned model, custom-owned model and third-party-owned model.
Product Definition:
Lead acid battery is a type of rechargeable battery that uses lead plates and sulfuric acid to store electrical energy. It is the oldest type of rechargeable battery and is commonly used in automobiles. Lead acid batteries are also used in grid-connected energy storage systems, or "ESSs," because they are relatively inexpensive and have a long lifespan.
Utility-owned Model:
The utility-owned model is a cost-effective and low risk lead acid battery for energy storage system (ESS) market. It has been used in various applications including solar power, wind power, hydroelectricity & other renewable sources along with conventional sources such as the grid. The growth factor of this segment is mainly due to the growing demand for clean and sustainable energy resources which are reliable and emit less carbon footprints into the environment.
Custom-owned Model:
Custom-owned model is a method to calculate the lead acid battery capacity loss during each cycle. It uses an estimation of the current drain, which is based on two factors such as number of custom cycles and depth of discharge (DOD). The more frequent cycling increases the wear and tear in batteries, hence it reduces their capacity. On the other hand, lower DOD helps in reducing maintenance costs by limiting corrosion.
Application Insights:
The commercial application segment led the global lead-acid battery for ESS market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand from automotive, construction and heavy industrial sectors. Automotive sector especially in North America and Europe is witnessing rapid penetration of electric vehicles (EVs) owing to stringent government regulations regarding reduction in pollution levels. This, in turn, will boost product demand over the forecast period as lead-acid batteries are widely used for EVs owing to their ability to deliver high power output while maintaining a relatively low level of internal resistance compared with other types of batteries commonly used for this purpose such as lithium ion or lithium polymer batteries.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for energy storage batteries in countries, such as China and India. In 2016, Asia Pacific accounted for a share of more than 30% in terms of volume and is anticipated to grow at a CAGR of XX% from 2017 to 2030.
The region has witnessed an increase in demand owing to growing industrialization along with rapid urbanization and changing lifestyles resulting into increased electricity consumption across major economies including China, India, Indonesia, Malaysia Philippines Thailand Vietnam among others.
Growth Factors:
- Increasing demand for energy storage systems from the utility sector to store renewable energy
- Favorable government policies and regulations for the deployment of energy storage systems
- Growing demand for backup power solutions in commercial and industrial sectors
- Rising concerns over grid reliability and security worldwide
- Technological advancements in lead acid battery technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Lead Acid Battery for ESS Market Research Report
By Type
Utility-owned Model, Custom-owned Model, Third-party-owned Model
By Application
Commercial, Household, Industrial, Military
By Companies
Axion Power, C&D Technologies, EaglePicher Technologies, EnerSys, Exide Technologies, Ecoult, Princeton Power Systems, Redflow, Surrette Battery Company, Axion Power
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Lead Acid Battery for ESS Market Report Segments:
The global Lead Acid Battery for ESS market is segmented on the basis of:
Types
Utility-owned Model, Custom-owned Model, Third-party-owned Model
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
Commercial, Household, Industrial, Military
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:
- Axion Power
- C&D Technologies
- EaglePicher Technologies
- EnerSys
- Exide Technologies
- Ecoult
- Princeton Power Systems
- Redflow
- Surrette Battery Company
- Axion Power
Highlights of The Lead Acid Battery for ESS 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:
- Utility-owned Model
- Custom-owned Model
- Third-party-owned Model
- By Application:
- Commercial
- Household
- Industrial
- Military
- 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 Lead Acid Battery for ESS 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Lead acid battery is a type of battery that uses lead and lead oxide as the primary cell materials. Lead acid batteries are used in a variety of applications, including cars, trucks, motorcycles, and recreational vehicles.
Some of the major companies in the lead acid battery for ess market are Axion Power, C&D Technologies, EaglePicher Technologies, EnerSys, Exide Technologies, Ecoult, Princeton Power Systems, Redflow, Surrette Battery Company, Axion Power.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lead Acid Battery for ESS Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lead Acid Battery for ESS Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lead Acid Battery for ESS Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lead Acid Battery for ESS Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lead Acid Battery for ESS Market Size & Forecast, 2018-2028
4.5.1 Lead Acid Battery for ESS Market Size and Y-o-Y Growth
4.5.2 Lead Acid Battery for ESS Market Absolute $ Opportunity
Chapter 5 Global Lead Acid Battery for ESS Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lead Acid Battery for ESS Market Size Forecast by Type
5.2.1 Utility-owned Model
5.2.2 Custom-owned Model
5.2.3 Third-party-owned Model
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lead Acid Battery for ESS Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lead Acid Battery for ESS Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Household
6.2.3 Industrial
6.2.4 Military
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lead Acid Battery for ESS Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lead Acid Battery for ESS Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lead Acid Battery for ESS Analysis and Forecast
9.1 Introduction
9.2 North America Lead Acid Battery for ESS Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lead Acid Battery for ESS Market Size Forecast by Type
9.6.1 Utility-owned Model
9.6.2 Custom-owned Model
9.6.3 Third-party-owned Model
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lead Acid Battery for ESS Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Household
9.10.3 Industrial
9.10.4 Military
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lead Acid Battery for ESS Analysis and Forecast
10.1 Introduction
10.2 Europe Lead Acid Battery for ESS Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lead Acid Battery for ESS Market Size Forecast by Type
10.6.1 Utility-owned Model
10.6.2 Custom-owned Model
10.6.3 Third-party-owned Model
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lead Acid Battery for ESS Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Household
10.10.3 Industrial
10.10.4 Military
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lead Acid Battery for ESS Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lead Acid Battery for ESS Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lead Acid Battery for ESS Market Size Forecast by Type
11.6.1 Utility-owned Model
11.6.2 Custom-owned Model
11.6.3 Third-party-owned Model
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lead Acid Battery for ESS Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Household
11.10.3 Industrial
11.10.4 Military
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lead Acid Battery for ESS Analysis and Forecast
12.1 Introduction
12.2 Latin America Lead Acid Battery for ESS Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lead Acid Battery for ESS Market Size Forecast by Type
12.6.1 Utility-owned Model
12.6.2 Custom-owned Model
12.6.3 Third-party-owned Model
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lead Acid Battery for ESS Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Household
12.10.3 Industrial
12.10.4 Military
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lead Acid Battery for ESS Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lead Acid Battery for ESS Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lead Acid Battery for ESS Market Size Forecast by Type
13.6.1 Utility-owned Model
13.6.2 Custom-owned Model
13.6.3 Third-party-owned Model
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lead Acid Battery for ESS Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Household
13.10.3 Industrial
13.10.4 Military
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lead Acid Battery for ESS Market: Competitive Dashboard
14.2 Global Lead Acid Battery for ESS Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Axion Power
14.3.2 C&D Technologies
14.3.3 EaglePicher Technologies
14.3.4 EnerSys
14.3.5 Exide Technologies
14.3.6 Ecoult
14.3.7 Princeton Power Systems
14.3.8 Redflow
14.3.9 Surrette Battery Company
14.3.10 Axion Power
