Showing posts with label Lead Acid Battery 2015. Show all posts
Showing posts with label Lead Acid Battery 2015. Show all posts

Thursday, 17 December 2015

Industry Growth Of Lead Acid Battery Market Up to 2021

 Lead Acid Battery
Due to the improvement in the economy of Africa, there has been a rise in the purchasing power of individuals. In addition, there has been immense growth in the automobile sector. The demand for passenger vehicles has increased considerably and is set to grow further in the coming years. Therefore, the production of vehicles has increased due to the rise in demand for automobiles. This has resulted in the rise of lead acid battery manufacturing, thereby driving the growth of the Africa lead acid batteries market. The use of lead acid batteries in cars, buses, trucks, trains, and airplanes is supporting its growth in Africa. Major automakers in the commercial vehicle segment are also focusing on producing hybrid and electric vehicles across different model ranges, which are set to use lead acid batteries as the power source Therefore, with the rise in demand for vehicles, the requirement for lead acid batteries is set to grow uniformly. All these factors are expected to boost the demand for lead acid batteries in the automotive sector.

Browse The Market Research Report of Lead Acid Battery Market :

The competitive advantage that lead acid batteries possess, as compared to their substitutes, is their low price. Therefore, lead acid batteries are preferred by a large number of consumers in Africa. Lead acid batteries are facing strong competition from lithium-ion batteries because there are a number of positive traits to the latter. But the price of lead acid batteries being much lower than that of lithium-ion batteries makes the former more attractive to consumers in the developing nations of Africa. There are numerous countries in Africa, which are either under-developed or developing. Therefore, the scope of affordable lead acid batteries in various application sectors is of great significance in such countries. In addition, the reliability factors of lead acid batteries are immense as they are shock and overcharge resistant and leak proof. Such notable features provide great opportunities to lead acid battery manufacturers to do business in numerous regions in Africa.

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Lead acid storage batteries have numerous applications, which range from small batteries used in hand tools to large battery structures used by electrical component companies for load leveling. Lead acid batteries used in electric vehicles need to undergo frequent and deep cycling and the batteries used for emergency lighting need to remain in ‘float’. Therefore, different type of lead acid batteries is used for specific applications depending upon the desired capacity, operating temperature, power requirements and voltage. By determining the battery’s duty cycle, its application is ascertained. The duty cycle of a battery include operating parameters of a cell in the battery. Such parameters are cycle length, discharge rates, length of time in the standby mode and depth of discharge. The duty cycle along with the parameters is included in the battery design engineering which helps to determine the type of charger to be used. The major lead acid battery applications are industrial, commercial, residential, power and automotive.

About Us :
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.  

Monday, 14 September 2015

Lead Acid Battery Market - Growth, Trends and Forecast 2015 – 2021

Lead acid batteries have the best recyclable and matured battery technology and remain the most widely used batteries in a wide range of energy applications. At present, more than 99% of all consumer and commercial vehicles utilize lead acid batteries to provide basic start-lighting-ignition (SLI) functionality in vehicles. For instance, electric scooters, popular in China, are powered by lead acid batteries. Similarly, in Africa, the demand for automobiles has increased in the past decade. This has resulted in the rise of lead acid battery manufacturing in Africa, thereby fueling the Africa lead acid batteries market.

Browse The Market Research Report of Lead Acid Battery Market :

Outlook on Lead Acid Battery Market in Africa

Owing to the rising improvement in the economy of African countries, particularly North African countries and South Africa, there has been a rapid rise in the purchasing power of individuals in this region. In the past few years, Africa’s demand for passenger vehicles has increased significantly and is set to grow further in the next few years. As lead acid batteries provide robustness, high tolerance, and low cost, they remain the primary choice for automotive SLI applications. For this reason, they are widely used in the automotive industry.


In recent years, Africa has witnessed the high use of lead acid batteries in various modes of transport such as trains, trucks, cars, buses, and airplanes. This factor is further expected to support the market’s growth in terms of customer consumption and increased usage of lead acid batteries in various applications in Africa. Moreover, the growth of the industrial and commercial sectors is also expected to increase the demand for lead acid batteries in Africa in the coming years.


All these factors are likely to push the market to US$1,014 million by 2021 from a value of US$708.6 million in 2014, according to data released by Transparency Market Research in its study on the Africa lead acid battery market. According to its recent report, the market is growing at a CAGR of 5.0% between the forecast period from 2015 to 2021. In terms of market size, the market for lead acid in Africa is expected to reach 12.42 million units by 2021.

Increasing Demand for Lead Acid Batteries in Commercial Sectors Boosts Market

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Lead acid batteries are increasingly finding application in numerous countries in Africa due to rapid industrialization in this region. The need for lead acid batteries is growing in a variety of backup and power storage applications. These batteries also deliver high levels of performance and durability at reduced costs, which is crucial for budget-conscious African consumers.

In addition, the demand for lead acid batteries is also rising due to the requirement for UPS systems in industries, research, corporate offices, educational institutes, and residential spaces in Africa. The use of inverters and UPS systems is complementary to that of lead acid batteries. All UPS systems and inverters require batteries to function and lead acid batteries are the most efficient energy storage sources for such devices. Owing to their low cost and reliability, these devices are expected to increase in demand in Africa in the coming years

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Automotive Electronics Control Unit Management (ECU/ECM) Market - http://www.transparencymarketresearch.com/automotive-electronics-control-unit-management.html

About Us :
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.


Thursday, 13 August 2015

Lead Acid Battery Market - Africa Industry Analysis and Forecast 2015 – 2021


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.

Browse The Market 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.


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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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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About Us :

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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