According to a new market report published by Transparency Market Research “Lead Acid Battery Market – Africa Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021,” Africa lead acid battery market was valued at USD 708.6 million in 2014, growing at a CAGR of 5.3% from 2015 to 2021 to account for USD 1,014 million in 2021. By volume, Africa lead acid battery market is expected to grow at a CAGR of 5.0% during the forecast period from 2015 to 2021 to reach a market size of 12.42 million units by 2021.
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Research Report of Lead Acid Battery Market :
Lead acid batteries
remain the first and foremost choice for automotive SLI (Starting,
Lighting, and Ignition) applications because of their unique
features, such as tolerance to abuse, robustness, and low cost. Lead
acid batteries have the ability to provide high surge currents as the
cells have a large power to weight ratio, despite the fact that they
have low energy to weight ratio, and energy to volume ratio. Such
features, along with their low price, make lead acid batteries
immensely useful in automobiles for providing high current in starter
motors of vehicles. The demand for lead acid batteries in Africa is
expected to witness moderate growth in the coming years with the
increasing growth of industrial and commercial sectors. In addition,
low cost and longevity of lead acid batteries are some of its vital
features driving the demand for lead acid batteries market in Africa.
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Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=s&rep_id=5870
The Africa lead acid
battery market is segmented into four types: engine starting, motive
power, standby power and valve-regulated. Both by revenue and volume,
engine starting lead acid batteries was the largest contributor in
African lead acid battery market in 2014, accounting for a market
share of 47.4% and 38.7% respectively.
The Africa lead acid
battery market by application is segmented into: industrial,
automobile, commercial, residential and power. Both by revenue and
volume, automobile was the largest contributor in Africa lead acid
battery market in 2014, accounting for a market share of 60.4%.
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Release of Lead Acid Battery Market :
Some of the leading
players mentioned in the report are Enersys, GS Yuasa Corporation,
Exide Technologies, Johnson Controls Inc., First National Battery
Limited, Power Technologies Limited, Dixon Batteries, Willard
Batteries, Sabat battery Co., and Renergy Technologies. The report
provides company market share analysis of the various industry
participants. Key players have also been profiled on the basis of
company overview, financial overview, business strategies and recent
developments in the field of lead acid battery market
Africa Lead Acid
Battery Market: By type
- Engine Starting
- Motive Power
- Standby Power
- Valve Regulated Lead acid battery
Africa Lead Acid
Battery Market: By application
- Industrial
- Automobile
- Commercial
- Residential
- Power
Africa Lead Acid
Battery Market: By country
- Nigeria
- Egypt
- South Africa
- Kenya
- Ghana
- Zimbabwe
- Rest of Africa
The report provides
a cross-sectional analysis of application segments with respect to
the above mentioned regions.
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