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Download Free sampleThe global Lead Acid market was valued at 320.39 Million USD in 2021 and will grow with a CAGR of 4.37% from 2021 to 2027.
The prime objective of Lead Acid Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Lead Acid Market covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
The lead-acid battery was invented in 1859 by French physicist Gaston Plant and is the oldest type of rechargeable battery. Despite having a very low energy-to-weight ratio and a low energy-to-volume ratio, its ability to supply high surge currents means that the cells have a relatively large power-to-weight ratio. These features, along with their low cost, make it attractive for use in many fields, like motor vehicles, motorcycle, transport vehicles, electrical bicycle, telecom industry, solar energy industry etc.The lead acid battery industry concentration is not high; there are more than three hundreds manufacturers in China, and high-end products mainly from America Japan and Western Europe. In the world wide, giant manufactures mainly distribute in American Japan China and Europe. But many large companies build their manufacturing bases in developing countries like China, Indonesia, India Mexico, South Africa and Brazil, due to the lead pollution problem and the low cost. America has a long history and unshakable status in the high-end market, like Johnson Controls INC, EnerSys and Exide Technologies, all of them have the perfect products. As to Japan, GS Yuasa has become a global leader. In Korea, it is SEBANG GLOBAL BATTERY that leads the technology development. In China, the leading manufactures is Chaowei Power and Tianneng Power.
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