NEW YORK, Nov. 22, 2022 /PRNewswire/ -- The lead acid battery market size in the US is expected to grow by USD 939.46 million from 2021 to 2026. In addition, the growth momentum of the market is anticipated to accelerate at a CAGR of 2.82% during the forecast period. This growth can be attributed to the rising focus on green telecom towers. However, declining costs of lithium-ion batteries can hamper the growth of the market during the next few years. Make confident decisions using our insights and analysis. Download a Free Sample Report
Major Companies and their Offerings
- Brookfield Business Partners LP - The company offers lead acid batteries such as Enhanced Flooded and Standard Flooded.
- C&D Technologies Inc. - The company offers lead acid batteries such as UPS PLP, UPS MR, XT Series, and Liberty 1000.
- Crown Equipment Corp. - The company offers lead acid batteries such as Flat Plate and Tubular.
- East Penn Manufacturing Co. Inc. - The company offers lead acid batteries such as AGM VRLA Batteries.
- Energizer Holdings Inc. - The company offers lead acid batteries such as Premium EFB and Premium AGM.
- Bisco Industries Inc.
- Concorde Battery Corp.
- EnerSys
- Exponential Power Inc.
- Hawker Powersource Inc.
- Power Sonic Corp.
- Robert Bosch GmbH
- Rolls Battery
- Scotts Emergency Lighting and Power Generation Inc.
- Teledyne Technologies Inc.
- Trojan Battery Co. LLC
- U.S. Battery Manufacturing Co.
- UPS Battery Center Ltd.
- Wirtz Mfg Co. Inc.
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Key Market Driver
The rising focus on green telecom towers is driving the growth of the market. The rapid growth in population and advances in technology increased mobile and smartphone penetration. Moreover, the decline in telecom tariffs owing to intense market competition has resulted in the development of the telecommunication industry in the US. The increase in telecom subscriptions has driven the number of green telecom tower installations. Tower operators are reducing their carbon footprints and GHG emissions. Telecom operators are investing in alternative green power systems to reduce operational costs and related pollution. Hence, the rising demand for clean energy in the telecom sector is leading to investments in research and development in battery technology, which, in turn, will drive market growth during the forecast period.
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Lead Acid Battery Market In US Application Outlook (Revenue, USD mn, 2021-2026)
- Mobile - size and forecast 2021-2026
- Stationary - size and forecast 2021-2026
Lead Acid Battery Market In US Type Outlook (Revenue, USD mn, 2021-2026)
- Flooded - size and forecast 2021-2026
- Sealed - size and forecast 2021-2026
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Market Segmentation
The mobile segment will be a significant contributor to market growth during the forecast period. The demand for automotive lead-acid batteries is directly proportional to the volume of automobile production. The automotive industry has increased, and it is expected to grow further during the forecast period. Thus, the rising demand for automobiles, especially in emerging economies as well as in developed markets such as the US, will drive the growth of the segment.
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Carbon Black in Lead-acid Battery Market by Battery Type and Geography - Forecast and Analysis 2022-2026: The carbon black in lead-acid battery market share is expected to increase by USD 116.06 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.45%. This report extensively covers segmentation by battery type (flooded lead-acid battery and valve regulated lead-acid (VRLA) battery) and geography (APAC, North America, Europe, South America, and Middle East and Africa).
Lead Acid Battery Market in Bangladesh by Type and Application - Forecast and Analysis 2022-2026: The lead acid battery market share in Bangladesh is expected to surge to USD 75.98 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.75%. This report extensively covers segmentation by type (sealed and flooded) and application (stationary and mobile).
Lead Acid Battery Market Scope in US |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.82% |
Market growth 2022-2026 |
USD 939.46 million |
Market structure |
Fragmented |
Key consumer countries |
US |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Bisco Industries Inc., Brookfield Business Partners LP, C&D Technologies Inc., Concorde Battery Corp., Crown Equipment Corp., East Penn Manufacturing Co. Inc., Energizer Holdings Inc., EnerSys, Exponential Power Inc., Hawker Powersource Inc., Power Sonic Corp., Robert Bosch GmbH, Rolls Battery, Scotts Emergency Lighting and Power Generation Inc., Teledyne Technologies Inc., Trojan Battery Co. LLC, U.S. Battery Manufacturing Co., UPS Battery Center Ltd., and Wirtz Mfg Co. Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 07: Parent market
- Exhibit 08: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 09: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 10: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 11: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 12: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 13: Chart on US: Year-over-year growth 2021-2026 (%)
- Exhibit 14: Data Table on US: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 15: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 16: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 17: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 18: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 19: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 20: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 21: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 22: Chart on Application - Market share 2021-2026 (%)
- Exhibit 23: Data Table on Application - Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 24: Chart on Comparison by Application
- Exhibit 25: Data Table on Comparison by Application
- 5.3 Mobile - Market size and forecast 2021-2026
- Exhibit 26: Chart on Mobile - Market size and forecast 2021-2026 ($ million)
- Exhibit 27: Data Table on Mobile - Market size and forecast 2021-2026 ($ million)
- Exhibit 28: Chart on Mobile - Year-over-year growth 2021-2026 (%)
- Exhibit 29: Data Table on Mobile - Year-over-year growth 2021-2026 (%)
- 5.4 Stationary - Market size and forecast 2021-2026
- Exhibit 30: Chart on Stationary - Market size and forecast 2021-2026 ($ million)
- Exhibit 31: Data Table on Stationary - Market size and forecast 2021-2026 ($ million)
- Exhibit 32: Chart on Stationary - Year-over-year growth 2021-2026 (%)
- Exhibit 33: Data Table on Stationary - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Application
- Exhibit 34: Market opportunity by Application ($ million)
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 35: Chart on Type - Market share 2021-2026 (%)
- Exhibit 36: Data Table on Type - Market share 2021-2026 (%)
- 6.2 Comparison by Type
- Exhibit 37: Chart on Comparison by Type
- Exhibit 38: Data Table on Comparison by Type
- 6.3 Flooded - Market size and forecast 2021-2026
- Exhibit 39: Chart on Flooded - Market size and forecast 2021-2026 ($ million)
- Exhibit 40: Data Table on Flooded - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Chart on Flooded - Year-over-year growth 2021-2026 (%)
- Exhibit 42: Data Table on Flooded - Year-over-year growth 2021-2026 (%)
- 6.4 Sealed - Market size and forecast 2021-2026
- Exhibit 43: Chart on Sealed - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Data Table on Sealed - Market size and forecast 2021-2026 ($ million)
- Exhibit 45: Chart on Sealed - Year-over-year growth 2021-2026 (%)
- Exhibit 46: Data Table on Sealed - Year-over-year growth 2021-2026 (%)
- 6.5 Market opportunity by Type
- Exhibit 47: Market opportunity by Type ($ million)
7 Customer Landscape
- 7.1 Customer landscape overview
- Exhibit 48: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 49: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 50: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 51: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 52: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 53: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 54: Matrix on vendor position and classification
- 10.3 Brookfield Business Partners LP
- Exhibit 55: Brookfield Business Partners LP - Overview
- Exhibit 56: Brookfield Business Partners LP - Business segments
- Exhibit 57: Brookfield Business Partners LP - Key offerings
- Exhibit 58: Brookfield Business Partners LP - Segment focus
- 10.4 C&D Technologies Inc.
- Exhibit 59: C&D Technologies Inc. - Overview
- Exhibit 60: C&D Technologies Inc. - Product / Service
- Exhibit 61: C&D Technologies Inc. - Key offerings
- 10.5 Crown Equipment Corp.
- Exhibit 62: Crown Equipment Corp. - Overview
- Exhibit 63: Crown Equipment Corp. - Product / Service
- Exhibit 64: Crown Equipment Corp. - Key offerings
- 10.6 East Penn Manufacturing Co. Inc.
- Exhibit 65: East Penn Manufacturing Co. Inc. - Overview
- Exhibit 66: East Penn Manufacturing Co. Inc. - Product / Service
- Exhibit 67: East Penn Manufacturing Co. Inc. - Key news
- Exhibit 68: East Penn Manufacturing Co. Inc. - Key offerings
- 10.7 Energizer Holdings Inc.
- Exhibit 69: Energizer Holdings Inc. - Overview
- Exhibit 70: Energizer Holdings Inc. - Business segments
- Exhibit 71: Energizer Holdings Inc. - Key news
- Exhibit 72: Energizer Holdings Inc. - Key offerings
- Exhibit 73: Energizer Holdings Inc. - Segment focus
- 10.8 EnerSys
- Exhibit 74: EnerSys - Overview
- Exhibit 75: EnerSys - Business segments
- Exhibit 76: EnerSys - Key news
- Exhibit 77: EnerSys - Key offerings
- Exhibit 78: EnerSys - Segment focus
- 10.9 Hawker Powersource Inc.
- Exhibit 79: Hawker Powersource Inc. - Overview
- Exhibit 80: Hawker Powersource Inc. - Product / Service
- Exhibit 81: Hawker Powersource Inc. - Key offerings
- 10.10 Robert Bosch GmbH
- Exhibit 82: Robert Bosch GmbH - Overview
- Exhibit 83: Robert Bosch GmbH - Business segments
- Exhibit 84: Robert Bosch GmbH - Key news
- Exhibit 85: Robert Bosch GmbH - Key offerings
- Exhibit 86: Robert Bosch GmbH - Segment focus
- 10.11 Trojan Battery Co. LLC
- Exhibit 87: Trojan Battery Co. LLC - Overview
- Exhibit 88: Trojan Battery Co. LLC - Product / Service
- Exhibit 89: Trojan Battery Co. LLC - Key offerings
- 10.12 UPS Battery Center Ltd.
- Exhibit 90: UPS Battery Center Ltd. - Overview
- Exhibit 91: UPS Battery Center Ltd. - Product / Service
- Exhibit 92: UPS Battery Center Ltd. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 93: Inclusions checklist
- Exhibit 94: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 95: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 96: Research methodology
- Exhibit 97: Validation techniques employed for market sizing
- Exhibit 98: Information sources
- 11.5 List of abbreviations
- Exhibit 99: List of abbreviations
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Email: [email protected]
Website: www.technavio.com/
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