Global Lead Acid Battery Market Anticipated to Expand at a CAGR of 4.6% during the Forecast Period of 2014 – 2020

The rising number of investments in green telecom will drive the growth prospects for the global industrial lead-acid battery market over the coming years. The global lead acid battery market is witnessing a high rate of adoption of a renewable-based energy battery storage system in various regions to overcome cost issues from diesel generator sets. A new research report with a title “Global Lead Acid Battery Market Opportunity & Assessment, 2014 – 2020” has been recently added to the huge online repository of Market Research Reports Search Engine (MRRSE). The report on lead acid battery market is an in-depth and professional study of the current situation as well as its future potential.

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This report on the global lead acid battery market provides a market outlook for the period 2014 – 2020 and sets the forecast within the context of the global lead acid battery market. As per the report, the global lead acid battery market is expected to reach US$58.5 billion by 2020 at a projected CAGR of 4.6% during the forecast period. The report starts with an overview of the industry followed by major definitions and an executive summary that provides a 360-degree view of the revenue forecast of the global lead acid battery market. It also presents the market taxonomy, where it segments the global lead acid battery market on the basis of application and region.

On the basis of applications the market is divided as transportation, stationary industrial, motive industrial, residential, commercial and grid storage. Transportation and stationary industrial segments collectively held a market share of over 77.9% of total market revenues in 2014. Geographically, as of 2014, Asia Pacific dominates the market and held market shares of around 34.2% share, followed by North America and Europe. In 2014, Asia Pacific lead acid battery market was valued at US$ 15,297 million, which is estimated to reach US$19,881 million by 2020.

The last section of the report is devoted to the study of the market performance of some of the top companies operating in the global lead acid battery market. The report profiles some of the top market players and presented a detailed analysis of their business performance and a comprehensive assessment of their short-term and long-term business strategies. This section is designed to provide report readers with a dashboard view of the competitive landscape of the global lead acid battery market. Some of the key players profiled in the report include Liebherr Group, Terex Corporation, Tadano Ltd., Zoomlion Heavy Industry Science and Technology Co., Ltd., XCMG Construction Machinery Co., Ltd., Sany Heavy Industry Co., Ltd, KATO WORKS CO., LTD., Kobelco Construction Machinery Co., Ltd., Hitachi Sumitomo Heavy Industries Construction Crane Co., Ltd. and The Manitowoc Company, Inc.

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