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ASEAN Lead Acid Battery Market Insights 2031

Lead Acid Battery Market (Application: Material Handling Equipment, Electric Bus Using Lead Acid, Telco - Tower & TOC, Building UPS, Data Center, Solar Plant – Hybrid, Marine/Trains, Rectifier – Home Use, and Automobiles SLI Battery; and Usability: Domestic and Imported) - ASEAN Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Manufacturers Diversify Production to Generate Revenue Streams During COVID-19 Crisis

Since lithium-ion batteries are emerging as a threat to lead acid batteries, stakeholders in the ASEAN lead acid battery market are scrambling to generate revenue streams during the ongoing pandemic. Exide Industries Limited - an Indian multinational storage battery manufacturer, is anticipated to sell off its North American operations in order to overcome troubles with regulators and bankruptcy caused due to the COVID-19 pandemic. This is anticipated to cause ripple effects in countries such as Singapore, Thailand, and Myanmar, among others, of the ASEAN lead acid battery market.

In order to address threats from the lithium ion technology, market stakeholders are anticipated to diversify their production in lithium-ion batteries, along with lead acid batteries since the latter are still used in essential machinery and equipment.

asean lead acid battery market infographic

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Lead Acid Battery Recycling Leads to Significant Environmental Pollution

Lead acid batteries are associated with environmental pros and cons. Hence, companies in the ASEAN lead acid battery market are capitalizing on this opportunity to enable recycling for establishing a circular economy. However, according to environment agencies such as Pure Earth and Green Cross Switzerland, lead battery recycling leads to significant environmental pollution. Nevertheless, manufacturers are increasing their research efforts to efficiently recycle lead acid batteries and reuse materials including lead, plastic, and electrolyte for making new batteries.

Cars and industrial machinery such as forklifts, cranes, and e-bikes are fueling the demand for lead acid batteries. As such, the ASEAN lead acid battery market is expected to reach US$ 6 Bn by 2031.

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India Holds Lucrative Import-Export Opportunities for Market Stakeholders

The ASEAN lead acid battery market is slated to clock a CAGR of 6.54% during the forecast period. Since the lead acid battery technology has attained great maturity, dominance of other substitutes such as lithium-ion batteries is expected to gain pace at a gradual pace.

Stakeholders in the ASEAN lead acid battery market are unlocking export and import opportunities in India. Energy efficiency, affordability, and reliability of lead acid batteries are grabbing the attention of Indian consumers and market stakeholders alike. Lead acid batteries are being increasingly used to store and supply electricity to streetlights, electric vehicles, railways, and telecom towers.

Researchers Help Improve Lifespan of Lead Acid Batteries Used in ESS

Companies in the ASEAN lead acid battery market are expected to collaborate with researchers to increase the lifespan of batteries. Lead acid batteries are emerging as a clean and green solution for energy storage systems (ESS). Researchers from the WMG University of Warwick and Loughborough University are gaining recognition for experimenting with lead acid batteries in order to improve their lifespan in ESS applications. Stakeholders in the ASEAN lead acid battery market are taking cues from such innovations.

Due to the growing need for energy storage in various end-use cases, manufacturers are boosting their production capabilities for meeting consumer demands. Thus, to ensure seamless generation and storage of energy for national and regional electrical grids, manufacturers are increasing the availability of high performance, low cost, and reliable lead acid batteries used in ESS.

Lead Acid Batteries Meet Energy Storage Needs for Renewable Sector

The increasing renewable energy need is acting as a key driver of the ASEAN lead acid battery market. Stakeholders and organizations are partnering to conduct webinars that emphasize on the imperative need of growing energy requirements in the renewable energy sector. Inverters and solar energy equipment are triggering sales of lead acid batteries. Since India holds lucrative import-export opportunities for market stakeholders, companies are increasing efforts to improve the sustainability and recyclability of lead batteries.

Green energy storage is a fast growing phenomenon in the market landscape. Stakeholders are increasing efforts to establish an advanced lead acid battery ecosystem in India as well as ASEAN countries. Incentivization schemes meant for manufacturers and dealers are coming to the fore.

asean lead acid battery market segmentation

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Analysts’ Viewpoint

Since the automotive sector has been severely hit by the coronavirus crisis, market stakeholders are focusing on essential applications such as material handling equipment, building of UPS (Uninterruptible Power Supply), and solar plants. The launch of Ola Electric Scooters and the burgeoning growth of electric vehicles in India are grabbing the attention of manufacturers in the ASEAN lead acid battery market. However, manufacturers need to address environmental constraints resulting from recycling of lead acid batteries. Companies should invest in R&D to establish standardized recycling methods for lead acid batteries and deploy reuse of lead, plastics, and electrolyte for making new batteries in an attempt to create a circular economy.

ASEAN Lead Acid Battery Market: Overview

  • The lead acid battery market in ASEAN was valued over US$ 3.16 Bn in 2020. It is estimated to expand at a CAGR of 6.54% from 2021 to 2031
  • Increasing focus on research & development and investment in the automotive industry for electric vehicles, rising demand for electric vehicles among consumers, surging trend of vehicle electrification in the automobile industry, government regulations on emissions, and improving fuel efficiency are prominent factors driving the demand for lead acid battery
  • Furthermore, demand has been increasing consistently due to the advent of electric and hybrid vehicles for the past few years

Drivers of ASEAN Lead Acid Battery Market

  • Key factors fueling the demand for lead acid battery include initiatives undertaken to introduce green energy solutions in the automotive industry. Leading lead acid battery manufacturing companies are focusing on expansion of their production and distribution capacities in various countries. Some companies are collaborating directly with regional manufacturers to improve their industrial research activities. All these factors are anticipated to drive the lead acid battery market in ASEAN.
  • Lead acid batteries are extensively utilized in automotive applications including forklifts, golf carts, and industrial cleaners. High usage of lead acid battery in forklifts owing to their low cost, reliability, and well-established supply chain is likely to propel the market. The lead acid battery is widely utilized in automobiles, as it delivers high power to start the engine. The superior safety, quality, and recycling process of these batteries are anticipated to further augment the market during the forecast period.
  • Increase in disposable income of individuals and stable economic structure of countries have propelled the demand for vehicles, thereby boosting production levels, which in turn is fueling the demand for batteries including lead acid batteries. Furthermore, on-demand mobility, introduction of ultra-batteries in the energy storage segment, and development of advanced energy storage modules for the automobile industry are key factors that are propelling automotive production as well as the consumption of lead acid battery.

Challenges for ASEAN Lead Acid Battery Market

  • Lead-acid batteries have been the most cost-effective technology until the last few years. However, lead-acid batteries are losing out on the cost-effectiveness quotient owing to the rise of alternative battery storage technologies, especially lithium-ion technology. Lead-acid batteries are witnessing a decline in price nearly across all industries. Simultaneously, the Nickel-Metal Hydride (NiMH) battery is a proven and mature technology for hybrid applications.
  • OEMs prefer these batteries for their safety, performance, and longer lifecycle in hybrid applications. Moreover, even nickel-cadmium batteries along with NiMH batteries prove to be a cost-efficient solution for battery storage users. They are cheaper and more effective as an alternative to lead-acid batteries. This, is turn, hampers the lead acid battery market.
  • The recent outbreak of COVID-19 pandemic hampered a majority of businesses across the globe owing to the imposition of lockdowns that caused people to stay at home. The forced lockdown led to a decline in vehicle sales; subsequently, contracting the ASEAN lead acid battery market. However, the ASEAN lead acid battery market is expected to expand from 2021, owing to economic measures taken by governments to recover from financial losses caused by forced shutdown of business activities during the COVID-19 pandemic in 2020.

ASEAN Lead Acid Battery Market Segmentation

  • The ASEAN lead acid battery market has been segmented based on application, usability, and country
  • The automobile SLI battery application segment dominated the ASEAN lead acid battery market, in terms of revenue, in 2020. SLI batteries are designed for cars and hence, they are always installed with the charging systems of vehicles. Hence, continuous cycle of charge and discharge in the battery is there whenever the vehicle is in use. SLI automotive batteries are designed to be fully charged at the time of starting the vehicle and after the ignition, the lost charge, typically around 2% to 5% of the charge, is replaced by the alternator. Such batteries should not be discharged below 50% depth of discharge (DOD), and discharging of these batteries below these levels may cause damage to the plates, ultimately resulting in reduced battery life.
  • In terms of revenue, the domestic usability segment accounted for a major share of the ASEAN lead acid battery market in 2020. Rise in demand for domestic inverters across countries in ASEAN is likely to boost the lead acid market in the ASEAN region. Followed by the domestic segment, the imported segment also held a notable share of the market, in terms of revenue, in 2020. Rise in solar projects across ASEAN is likely to increase the demand for lead acid battery in the region.

ASEAN Lead Acid Battery Market: Country Analysis

  • Based on country, the ASEAN lead acid battery market has been segregated into Myanmar, Cambodia, Indonesia, Philippines, Singapore, Thailand, and Vietnam
  • Thailand accounted for a major share of the ASEAN lead acid battery market in terms of the revenue. The Government of Thailand is focusing on investment in electric car makers to launch more electric vehicles. Enactment of regulations and policies help to boost the lead acid battery market. Furthermore, the government has planned its business module under Thailand 4.0 Programme across this region. Thailand is a leading country of the lead acid battery market in ASEAN.

ASEAN Lead Acid Battery Market: Competition Landscape

  • Key players operating in the ASEAN lead acid battery market include
    • CHILWEE GROUP CO., LTD.
    • Clarios
    • Crown Battery
    • Enersys
    • EXIDE INDUSTRIES LTD.
    • GS Yuasa International Ltd.
    • HBL Power Systems Ltd.
    • East Penn Manufacturing Company
    • Panasonic Corporation
  • Key players operating in the ASEAN lead acid battery market are expanding their presence by engaging in mergers and acquisition activities or by establishing new facilities. For instance, In August 2019, East Penn Manufacturing announced the acquisition of a majority interest in Navitas Systems. The acquisition accelerated East Penn’s expansion of its motive power battery offering as well as its strategic integration into other market segments. This exciting new venture aligns with East Penn’s existing plans of providing a highly robust array of optimized energy storage system solutions.

Lead Acid Battery Market Snapshot

Attribute

Detail

Market Size Value in 2020 (Base Year)

US$ 3.16 Bn

Market Forecast Value in 2031

US$ 6 Bn

Growth Rate (CAGR)

6.54%

Forecast Period

2021-2031

Quantitative Units

US$ Mn for Value & ‘000 Units for Volume

Market Analysis

It includes cross segment analysis at ASEAN as well as country level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porters Five Forces analysis, Value chain analysis, Maritime industry trend analysis, etc.

Competition Landscape

  • Market Share Analysis by Company (2020)
  • Company Profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, key financials, etc.

Format

Electronic (PDF) + Excel

Market Segmentation

  • Application
    • Material handling Equipment
      • Buggy
      • Golf
      • Airport
      • Resorts/Hotel
      • Park/Zoo
      • Electric Bus Using Lead Acid
    • Telco - Tower & TOC
    • Building UPS
    • Data Center
    • Solar Plant – Hybrid
    • Marine/Trains
    • Rectifier – Home Use
    • Automobiles SLI Battery
      • Motorcycle
      • Car
      • Trucks
  • Usability
    • Domestic
    • Imported

Country Covered

  • Myanmar
  • Cambodia
  • Indonesia
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Vietnam

Companies Profiled

  • CHILWEE GROUP CO., LTD.
  • Clarios
  • Crown Battery
  • Enersys
  • EXIDE INDUSTRIES LTD.
  • Exide Technologies
  • GS Yuasa International Ltd.
  • HBL Power Systems Ltd.
  • Hitachi Automotive Systems, Ltd.
  • Narada Power Source Co., Ltd.
  • East Penn Manufacturing Company
  • Panasonic Corporation
  • Other Key Players

Customization Scope

Available upon Request

Pricing

Available upon Request

ASEAN Lead Acid Battery Market – Segmentation

This report on the lead acid battery market provides information on the basis of application, usability, and country.

Application
  • Material handling Equipment
  • Electric Bus Using Lead Acid
  • Telco - Tower & TOC
  • Building UPS
  • Data Center
  • Solar Plant – Hybrid
  • Marine/Trains
  • Rectifier – Home Use
  • Automobiles SLI Battery
Usability
  • Domestic
  • Imported
Country
  • Myanmar
  • Cambodia
  • Indonesia
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Vietnam

This study also discusses the underlying trends and impact of various factors that are driving the lead acid battery market, along with their influence on the evolution of the market.

This study also offers Porter’s Five Point Analysis, value chain analysis, regulatory scenario, and a SWOT analysis of the lead acid battery market, in order to elaborate the crucial growth tactics and opportunities for market players contributing to the market.

ASEAN Lead Acid Battery Market Insights 2031

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1. Preface

    1.1. Market Segmentation

    1.2. Key Research Objectives

    1.3. Report Assumptions

    1.4. Research Methodology

        1.4.1. Primary Research and List of Primary Sources

        1.4.2. Desk Research

2. Lead Acid Battery Market - Executive Summary

    2.1. Market Size, US$ Mn, 2017‒2031

    2.2. Market Analysis and Key Segment Analysis

    2.3. TMR Analysis and Recommendations

3. Market Overview

    3.1. Macro-economic Factors

    3.2. Market Dynamics

        3.2.1. Drivers

        3.2.2. Restraints

        3.2.3. Opportunity

    3.3. Market Factor Analysis

        3.3.1. Porter’s Five Force Analysis

        3.3.2. PESTEL Analysis

        3.3.3. Value Chain Analysis

        3.3.4. SWOT Analysis

    3.4. Key Regulations by Regions

    3.5. Impact Analysis

        3.5.1. Corona Pandemic

        3.5.2. Increasing Electric Vehicle

        3.5.3. Investment by Key players

4. ASEAN Lead Acid Battery Market, by Application

    4.1. Market Snapshot

        4.1.1. Introduction & Definition

        4.1.2. Market Growth & Y-o-Y Projections

        4.1.3. Base Point Share Analysis

    4.2. ASEAN Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Application, 2017‒2031

        4.2.1. Material handling Equipment

        4.2.2. Buggy

            4.2.2.1. Golf

            4.2.2.2. Airport

            4.2.2.3. Resorts/hotel

            4.2.2.4. Park/zoo

        4.2.3. Electric bus using lead acid

        4.2.4. Telco - Tower & TOC

        4.2.5. Building UPS

        4.2.6. Data center

        4.2.7. Solar Plant – Hybrid

        4.2.8. Marine/Trains

        4.2.9. Rectifier – Home use

        4.2.10. Automobiles SLI Battery

            4.2.10.1. Motorcycle

            4.2.10.2. Car

            4.2.10.3. Trucks

            4.2.10.4. Buses

5. ASEAN Lead Acid Battery Market, by Usability

    5.1. Market Snapshot

        5.1.1. Introduction & Definition

        5.1.2. Market Growth & Y-o-Y Projections

        5.1.3. Base Point Share Analysis

    5.2. ASEAN Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Usability, 2017‒2031

        5.2.1. Domestic

        5.2.2. Imported

6. ASEAN Lead Acid Battery Market, by Country

    6.1. Market Snapshot

        6.1.1. Introduction & Definition

        6.1.2. Market Growth & Y-o-Y Projections

        6.1.3. Base Point Share Analysis

    6.2. ASEAN Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Country, 2017‒2031

        6.2.1. Myanmar

        6.2.2. Cambodia

        6.2.3. Indonesia

        6.2.4. Malaysia

        6.2.5. Philippines

        6.2.6. Singapore

        6.2.7. Thailand

        6.2.8. Vietnam

7. Myanmar Lead Acid Battery Market Analysis & Forecast, 2017‒2031

    7.1. Market Snapshot

        7.1.1. Market Growth & Y-o-Y Projections

        7.1.2. Base Point Share Analysis

    7.2. Myanmar Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Application, 2017‒2031

        7.2.1. Material handling Equipment

        7.2.2. Buggy

            7.2.2.1. Golf

            7.2.2.2. Airport

            7.2.2.3. Resorts/hotel

            7.2.2.4. Park/zoo

        7.2.3. Electric bus using lead acid

        7.2.4. Telco - Tower & TOC

        7.2.5. Building UPS

        7.2.6. Data center

        7.2.7. Solar Plant – Hybrid

        7.2.8. Marine/Trains

        7.2.9. Rectifier – Home use

        7.2.10. Automobiles SLI Battery

            7.2.10.1. Motorcycle

            7.2.10.2. Car

            7.2.10.3. Trucks

            7.2.10.4. Buses

    7.3. Myanmar Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Usability, 2017‒2031

        7.3.1. Domestic

        7.3.2. Imported

8. Cambodia Lead Acid Battery Market Analysis & Forecast, 2017‒2031

    8.1. Market Snapshot

        8.1.1. Market Growth & Y-o-Y Projections

        8.1.2. Base Point Share Analysis

    8.2. Cambodia Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Application, 2017‒2031

        8.2.1. Material handling Equipment

        8.2.2. Buggy

            8.2.2.1. Golf

            8.2.2.2. Airport

            8.2.2.3. Resorts/hotel

            8.2.2.4. Park/zoo

        8.2.3. Electric bus using lead acid

        8.2.4. Telco - Tower & TOC

        8.2.5. Building UPS

        8.2.6. Data center

        8.2.7. Solar Plant – Hybrid

        8.2.8. Marine/Trains

        8.2.9. Rectifier – Home use

        8.2.10. Automobiles SLI Battery

            8.2.10.1. Motorcycle

            8.2.10.2. Car

            8.2.10.3. Trucks

            8.2.10.4. Buses

    8.3. Cambodia Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Usability, 2017‒2031

        8.3.1. Domestic

        8.3.2. Imported

9. Indonesia Lead Acid Battery Market Analysis & Forecast, 2017‒2031

    9.1. Market Snapshot

        9.1.1. Market Growth & Y-o-Y Projections

        9.1.2. Base Point Share Analysis

    9.2. Indonesia Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Application, 2017‒2031

        9.2.1. Material handling Equipment

        9.2.2. Buggy

            9.2.2.1. Golf

            9.2.2.2. Airport

            9.2.2.3. Resorts/hotel

            9.2.2.4. Park/zoo

        9.2.3. Electric bus using lead acid

        9.2.4. Telco - Tower & TOC

        9.2.5. Building UPS

        9.2.6. Data center

        9.2.7. Solar Plant – Hybrid

        9.2.8. Marine/Trains

        9.2.9. Rectifier – Home use

        9.2.10. Automobiles SLI Battery

            9.2.10.1. Motorcycle

            9.2.10.2. Car

            9.2.10.3. Trucks

            9.2.10.4. Buses

    9.3. Indonesia Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Usability, 2017‒2031

        9.3.1. Domestic

        9.3.2. Imported

10. Malaysia Lead Acid Battery Market Analysis & Forecast, 2017‒2031

    10.1. Market Snapshot

        10.1.1. Market Growth & Y-o-Y Projections

        10.1.2. Base Point Share Analysis

    10.2. Malaysia Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Application, 2017‒2031

        10.2.1. Material handling Equipment

        10.2.2. Buggy

            10.2.2.1. Golf

            10.2.2.2. Airport

            10.2.2.3. Resorts/hotel

            10.2.2.4. Park/zoo

        10.2.3. Electric bus using lead acid

        10.2.4. Telco - Tower & TOC

        10.2.5. Building UPS

        10.2.6. Data center

        10.2.7. Solar Plant – Hybrid

        10.2.8. Marine/Trains

        10.2.9. Rectifier – Home use

        10.2.10. Automobiles SLI Battery

            10.2.10.1. Motorcycle

            10.2.10.2. Car

            10.2.10.3. Trucks

            10.2.10.4. Buses

    10.3. Malaysia Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Usability, 2017‒2031

        10.3.1. Domestic

        10.3.2. Imported

11. Philippines Lead Acid Battery Market Analysis & Forecast, 2017‒2031

    11.1. Market Snapshot

        11.1.1. Market Growth & Y-o-Y Projections

        11.1.2. Base Point Share Analysis

    11.2. Philippines Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Application, 2017‒2031

        11.2.1. Material handling Equipment

        11.2.2. Buggy

            11.2.2.1. Golf

            11.2.2.2. Airport

            11.2.2.3. Resorts/hotel

            11.2.2.4. Park/zoo

        11.2.3. Electric bus using lead acid

        11.2.4. Telco - Tower & TOC

        11.2.5. Building UPS

        11.2.6. Data center

        11.2.7. Solar Plant – Hybrid

        11.2.8. Marine/Trains

        11.2.9. Rectifier – Home use

        11.2.10. Automobiles SLI Battery

            11.2.10.1. Motorcycle

            11.2.10.2. Car

            11.2.10.3. Trucks

            11.2.10.4. Buses

    11.3. Philippines Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Usability, 2017‒2031

        11.3.1. Domestic

        11.3.2. Imported

12. Singapore Lead Acid Battery Market Analysis & Forecast, 2017‒2031

    12.1. Market Snapshot

        12.1.1. Market Growth & Y-o-Y Projections

        12.1.2. Base Point Share Analysis

    12.2. Singapore Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Application, 2017‒2031

        12.2.1. Material handling Equipment

        12.2.2. Buggy

            12.2.2.1. Golf

            12.2.2.2. Airport

            12.2.2.3. Resorts/hotel

            12.2.2.4. Park/zoo

        12.2.3. Electric bus using lead acid

        12.2.4. Telco - Tower & TOC

        12.2.5. Building UPS

        12.2.6. Data center

        12.2.7. Solar Plant – Hybrid

        12.2.8. Marine/Trains

        12.2.9. Rectifier – Home use

        12.2.10. Automobiles SLI Battery

            12.2.10.1. Motorcycle

            12.2.10.2. Car

            12.2.10.3. Trucks

            12.2.10.4. Buses

    12.3. Singapore Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Usability, 2017‒2031

        12.3.1. Domestic

        12.3.2. Imported

13. Thailand Lead Acid Battery Market Analysis & Forecast, 2017‒2031

    13.1. Market Snapshot

        13.1.1. Market Growth & Y-o-Y Projections

        13.1.2. Base Point Share Analysis

    13.2. Thailand Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Application, 2017‒2031

        13.2.1. Material handling Equipment

        13.2.2. Buggy

            13.2.2.1. Golf

            13.2.2.2. Airport

            13.2.2.3. Resorts/hotel

            13.2.2.4. Park/zoo

        13.2.3. Electric bus using lead acid

        13.2.4. Telco - Tower & TOC

        13.2.5. Building UPS

        13.2.6. Data center

        13.2.7. Solar Plant – Hybrid

        13.2.8. Marine/Trains

        13.2.9. Rectifier – Home use

        13.2.10. Automobiles SLI Battery

            13.2.10.1. Motorcycle

            13.2.10.2. Car

            13.2.10.3. Trucks

            13.2.10.4. Buses

    13.3. Thailand Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Usability, 2017‒2031

        13.3.1. Domestic

        13.3.2. Imported

14. Vietnam Lead Acid Battery Market Analysis & Forecast, 2017‒2031

    14.1. Market Snapshot

        14.1.1. Market Growth & Y-o-Y Projections

        14.1.2. Base Point Share Analysis

    14.2. Vietnam Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Application, 2017‒2031

        14.2.1. Material handling Equipment

        14.2.2. Buggy

            14.2.2.1. Golf

            14.2.2.2. Airport

            14.2.2.3. Resorts/hotel

            14.2.2.4. Park/zoo

        14.2.3. Electric bus using lead acid

        14.2.4. Telco - Tower & TOC

        14.2.5. Building UPS

        14.2.6. Data center

        14.2.7. Solar Plant – Hybrid

        14.2.8. Marine/Trains

        14.2.9. Rectifier – Home use

        14.2.10. Automobiles SLI Battery

            14.2.10.1. Motorcycle

            14.2.10.2. Car

            14.2.10.3. Trucks

            14.2.10.4. Buses

    14.3. Vietnam Lead Acid Battery Market Volume (Units) & Value (US$ Mn) Analysis & Forecast, by Usability, 2017‒2031

        14.3.1. Domestic

        14.3.2. Imported

15. Company Profile

    15.1. Chaowei Power

        15.1.1. Company Overview

        15.1.2.  Company Footprints

        15.1.3. Production Locations

        15.1.4. Product Portfolio

        15.1.5. Competitors & Customers

        15.1.6. Subsidiaries & Parent Organization

        15.1.7. Recent Developments

        15.1.8. Financial Analysis

        15.1.9. Profitability

    15.2. Clarios

        15.2.1. Company Overview

        15.2.2.  Company Footprints

        15.2.3. Production Locations

        15.2.4. Product Portfolio

        15.2.5. Competitors & Customers

        15.2.6. Subsidiaries & Parent Organization

        15.2.7. Recent Developments

        15.2.8. Financial Analysis

        15.2.9. Profitability

    15.3. Crown Battery

        15.3.1. Company Overview

        15.3.2.  Company Footprints

        15.3.3. Production Locations

        15.3.4. Product Portfolio

        15.3.5. Competitors & Customers

        15.3.6. Subsidiaries & Parent Organization

        15.3.7. Recent Developments

        15.3.8. Financial Analysis

        15.3.9. Profitability

    15.4. Enersys

        15.4.1. Company Overview

        15.4.2.  Company Footprints

        15.4.3. Production Locations

        15.4.4. Product Portfolio

        15.4.5. Competitors & Customers

        15.4.6. Subsidiaries & Parent Organization

        15.4.7. Recent Developments

        15.4.8. Financial Analysis

        15.4.9. Profitability

    15.5. Exide Industries

        15.5.1. Company Overview

        15.5.2.  Company Footprints

        15.5.3. Production Locations

        15.5.4. Product Portfolio

        15.5.5. Competitors & Customers

        15.5.6. Subsidiaries & Parent Organization

        15.5.7. Recent Developments

        15.5.8. Financial Analysis

        15.5.9. Profitability

    15.6. Exide Technologies

        15.6.1. Company Overview

        15.6.2.  Company Footprints

        15.6.3. Production Locations

        15.6.4. Product Portfolio

        15.6.5. Competitors & Customers

        15.6.6. Subsidiaries & Parent Organization

        15.6.7. Recent Developments

        15.6.8. Financial Analysis

        15.6.9. Profitability

    15.7. GS Yuasa

        15.7.1. Company Overview

        15.7.2.  Company Footprints

        15.7.3. Production Locations

        15.7.4. Product Portfolio

        15.7.5. Competitors & Customers

        15.7.6. Subsidiaries & Parent Organization

        15.7.7. Recent Developments

        15.7.8. Financial Analysis

        15.7.9. Profitability

    15.8. HBL Power Systems

        15.8.1. Company Overview

        15.8.2.  Company Footprints

        15.8.3. Production Locations

        15.8.4. Product Portfolio

        15.8.5. Competitors & Customers

        15.8.6. Subsidiaries & Parent Organization

        15.8.7. Recent Developments

        15.8.8. Financial Analysis

        15.8.9. Profitability

    15.9. Hitachi Chemical

        15.9.1. Company Overview

        15.9.2.  Company Footprints

        15.9.3. Production Locations

        15.9.4. Product Portfolio

        15.9.5. Competitors & Customers

        15.9.6. Subsidiaries & Parent Organization

        15.9.7. Recent Developments

        15.9.8. Financial Analysis

        15.9.9. Profitability

    15.10. Narada Power

        15.10.1. Company Overview

        15.10.2.  Company Footprints

        15.10.3. Production Locations

        15.10.4. Product Portfolio

        15.10.5. Competitors & Customers

        15.10.6. Subsidiaries & Parent Organization

        15.10.7. Recent Developments

        15.10.8. Financial Analysis

        15.10.9. Profitability

    15.11. Northstar

        15.11.1. Company Overview

        15.11.2.  Company Footprints

        15.11.3. Production Locations

        15.11.4. Product Portfolio

        15.11.5. Competitors & Customers

        15.11.6. Subsidiaries & Parent Organization

        15.11.7. Recent Developments

        15.11.8. Financial Analysis

        15.11.9. Profitability

    15.12. Panasonic

        15.12.1. Company Overview

        15.12.2.  Company Footprints

        15.12.3. Production Locations

        15.12.4. Product Portfolio

        15.12.5. Competitors & Customers

        15.12.6. Subsidiaries & Parent Organization

        15.12.7. Recent Developments

        15.12.8. Financial Analysis

        15.12.9. Profitability

    15.13. Other Key Players

List of Tables

Table 1: ASEAN Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Table 2: ASEAN Lead Acid Battery Market Value (US$ Mn) Forecast, by Application, 2017‒2031

Table 3: ASEAN Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Table 4: ASEAN Lead Acid Battery Market Value (US$ Mn) Forecast, by Usability, 2017‒2031

Table 5: ASEAN Lead Acid Battery Market Volume (Thousand Units) Forecast, by Country, 2017‒2031

Table 6: ASEAN Lead Acid Battery Market Value (US$ Mn) Forecast, by Country, 2017‒2031

Table 7: Myanmar Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Table 8: Myanmar Lead Acid Battery Market Value (US$ Mn) Forecast, by Application, 2017‒2031

Table 9: Myanmar Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Table 10: Myanmar Lead Acid Battery Market Value (US$ Mn) Forecast, by Usability, 2017‒2031

Table 11: Cambodia Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Table 12: Cambodia Lead Acid Battery Market Value (US$ Mn) Forecast, by Application, 2017‒2031

Table 13: Cambodia Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Table 14: Cambodia Lead Acid Battery Market Value (US$ Mn) Forecast, by Usability, 2017‒2031

Table 15: Indonesia Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Table 16: Indonesia Lead Acid Battery Market Value (US$ Mn) Forecast, by Application, 2017‒2031

Table 17: Indonesia Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Table 18: Indonesia Lead Acid Battery Market Value (US$ Mn) Forecast, by Usability, 2017‒2031

Table 19: Malaysia Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Table 20: Malaysia Lead Acid Battery Market Value (US$ Mn) Forecast, by Application, 2017‒2031

Table 21: Malaysia Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Table 22: Malaysia Lead Acid Battery Market Value (US$ Mn) Forecast, by Usability, 2017‒2031

Table 23: Philippines Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Table 24: Philippines Lead Acid Battery Market Value (US$ Mn) Forecast, by Application, 2017‒2031

Table 25: Philippines Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Table 26: Philippines Lead Acid Battery Market Value (US$ Mn) Forecast, by Usability, 2017‒2031

Table 27: Singapore Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Table 28: Singapore Lead Acid Battery Market Value (US$ Mn) Forecast, by Application, 2017‒2031

Table 29: Singapore Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Table 30: Singapore Lead Acid Battery Market Value (US$ Mn) Forecast, by Usability, 2017‒2031

Table 31: Thailand Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Table 32: Thailand Lead Acid Battery Market Value (US$ Mn) Forecast, by Application, 2017‒2031

Table 33: Thailand Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Table 34: Thailand Lead Acid Battery Market Value (US$ Mn) Forecast, by Usability, 2017‒2031

Table 35: Vietnam Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Table 36: Vietnam Lead Acid Battery Market Value (US$ Mn) Forecast, by Application, 2017‒2031

Table 37: Vietnam Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Table 38: Vietnam Lead Acid Battery Market Value (US$ Mn) Forecast, by Usability, 2017‒2031

List of Figures

Figure 1: ASEAN Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Figure 2: ASEAN Lead Acid Battery Market Value (U$ Mn) Forecast, by Application, 2017‒2031

Figure 3: ASEAN Lead Acid Battery Market, Incremental Opportunity, by Application, Value (US$ Mn), 2021-2031

Figure 4: ASEAN Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Figure 5: ASEAN Lead Acid Battery Market Value (U$ Mn) Forecast, by Usability, 2017‒2031

Figure 6: ASEAN Lead Acid Battery Market, Incremental Opportunity, by Usability, Value (US$ Mn), 2021-2031

Figure 7: ASEAN Lead Acid Battery Market Volume (Thousand Units) Forecast, by Country, 2017‒2031

Figure 8: ASEAN Lead Acid Battery Market Value (U$ Mn) Forecast, by Country, 2017‒2031

Figure 9: ASEAN Lead Acid Battery Market, Incremental Opportunity, by Country, Value (US$ Mn), 2021-2031

Figure 10: Myanmar Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Figure 11: Myanmar Lead Acid Battery Market Value (U$ Mn) Forecast, by Application, 2017‒2031

Figure 12: Myanmar Lead Acid Battery Market, Incremental Opportunity, by Application, Value (US$ Mn), 2021-2031

Figure 13: Myanmar Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Figure 14: Myanmar Lead Acid Battery Market Value (U$ Mn) Forecast, by Usability, 2017‒2031

Figure 15: Myanmar Lead Acid Battery Market, Incremental Opportunity, by Usability, Value (US$ Mn), 2021-2031

Figure 16: Cambodia Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Figure 17: Cambodia Lead Acid Battery Market Value (U$ Mn) Forecast, by Application, 2017‒2031

Figure 18: Cambodia Lead Acid Battery Market, Incremental Opportunity, by Application, Value (US$ Mn), 2021-2031

Figure 19: Cambodia Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Figure 20: Cambodia Lead Acid Battery Market Value (U$ Mn) Forecast, by Usability, 2017‒2031

Figure 21: Cambodia Lead Acid Battery Market, Incremental Opportunity, by Usability, Value (US$ Mn), 2021-2031

Figure 22: Indonesia Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Figure 23: Indonesia Lead Acid Battery Market Value (U$ Mn) Forecast, by Application, 2017‒2031

Figure 24: Indonesia Lead Acid Battery Market, Incremental Opportunity, by Application, Value (US$ Mn), 2021-2031

Figure 25: Indonesia Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Figure 26: Indonesia Lead Acid Battery Market Value (U$ Mn) Forecast, by Usability, 2017‒2031

Figure 27: Indonesia Lead Acid Battery Market, Incremental Opportunity, by Usability, Value (US$ Mn), 2021-2031

Figure 28: Malaysia Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Figure 29: Malaysia Lead Acid Battery Market Value (U$ Mn) Forecast, by Application, 2017‒2031

Figure 30: Malaysia Lead Acid Battery Market, Incremental Opportunity, by Application, Value (US$ Mn), 2021-2031

Figure 31: Malaysia Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Figure 32: Malaysia Lead Acid Battery Market Value (U$ Mn) Forecast, by Usability, 2017‒2031

Figure 33: Malaysia Lead Acid Battery Market, Incremental Opportunity, by Usability, Value (US$ Mn), 2021-2031

Figure 34: Philippines Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Figure 35: Philippines Lead Acid Battery Market Value (U$ Mn) Forecast, by Application, 2017‒2031

Figure 36: Philippines Lead Acid Battery Market, Incremental Opportunity, by Application, Value (US$ Mn), 2021-2031

Figure 37: Philippines Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Figure 38: Philippines Lead Acid Battery Market Value (U$ Mn) Forecast, by Usability, 2017‒2031

Figure 39: Philippines Lead Acid Battery Market, Incremental Opportunity, by Usability, Value (US$ Mn), 2021-2031

Figure 40: Singapore Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Figure 41: Singapore Lead Acid Battery Market Value (U$ Mn) Forecast, by Application, 2017‒2031

Figure 42: Singapore Lead Acid Battery Market, Incremental Opportunity, by Application, Value (US$ Mn), 2021-2031

Figure 43: Singapore Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Figure 44: Singapore Lead Acid Battery Market Value (U$ Mn) Forecast, by Usability, 2017‒2031

Figure 45: Singapore Lead Acid Battery Market, Incremental Opportunity, by Usability, Value (US$ Mn), 2021-2031

Figure 46: Thailand Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Figure 47: Thailand Lead Acid Battery Market Value (U$ Mn) Forecast, by Application, 2017‒2031

Figure 48: Thailand Lead Acid Battery Market, Incremental Opportunity, by Application, Value (US$ Mn), 2021-2031

Figure 49: Thailand Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Figure 50: Thailand Lead Acid Battery Market Value (U$ Mn) Forecast, by Usability, 2017‒2031

Figure 51: Thailand Lead Acid Battery Market, Incremental Opportunity, by Usability, Value (US$ Mn), 2021-2031

Figure 52: Vietnam Lead Acid Battery Market Volume (Thousand Units) Forecast, by Application, 2017‒2031

Figure 53: Vietnam Lead Acid Battery Market Value (U$ Mn) Forecast, by Application, 2017‒2031

Figure 54: Vietnam Lead Acid Battery Market, Incremental Opportunity, by Application, Value (US$ Mn), 2021-2031

Figure 55: Vietnam Lead Acid Battery Market Volume (Thousand Units) Forecast, by Usability, 2017‒2031

Figure 56: Vietnam Lead Acid Battery Market Value (U$ Mn) Forecast, by Usability, 2017‒2031

Figure 57: Vietnam Lead Acid Battery Market, Incremental Opportunity, by Usability, Value (US$ Mn), 2021-2031

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