MARKET OUTLOOK
The publisher’s research report on the Europe lead-acid battery market states that the industry is set to proliferate at a CAGR of 2.68% during the forecast period 2019-2027.Russia, the United Kingdom, Italy, Spain, France, Germany, and Rest of Europe together shape the European market for lead acid batteries.
Lead-acid batteries are a key component in automobiles. The market for lead-acid batteries in Europe is driven primarily by the increasing automobile sales I the region. The automotive sector is the largest end-user of lead-acid batteries. The standard flooded lead-acid battery is used in every vehicle for the starting-lighting-ignition purpose. Besides, the superior performance and durability of these batteries also boost their deployment in vehicles.
Lead-acid batteries are a preferred choice for use in vehicles even today, owing to their performance and cost-effectiveness as compared to lithium-ion batteries. Both Li-ion and lead-acid batteries are extensively employed for solar panel systems in the United Kingdom. The former type cost a staggering 4000 Euros, whereas, the lead-acid batteries come comparatively cheaper at 2000 Euros. However, despite their higher price, lithium-ion batteries are still in demand, which is detrimental to the lead-acid battery market growth. Besides, the global economic slowdown in the automotive sector is expected to hinder the growth of this market.
COMPETITIVE OUTLOOK
The major competitors in the lead acid battery market include Nipress, Clarios (Formerly Johnsons Controls Power Solutions), Toshiba Corporation, EnerSys, Zibo Torch Energy Co., Ltd., B.B. Battery Co., and Crown Battery.Table of Contents
1. Europe Lead-Acid Battery Market – Summary
2. Industry Outlook
3. Europe Lead-Acid Battery Market Outlook – by Product
4. Europe Lead-Acid Battery Market Outlook – by Type
5. Europe Lead-Acid Battery Market Outlook – by End-User
6. Europe Lead-Acid Battery Market – Regional Outlook
7. Competitive Landscape
8. Research Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- B.B. Battery Co.
- C&D Technologies, Inc. (Acquired By Kps Capital Partner)
- Crown Battery
- Csb Battery Company Ltd. (Acquired By Hitachi Chemical Energy Technology)
- East Penn Manufacturing
- Enersys
- Exide Technologies, Inc.
- Gs Yuasa Corporation
- Clarios (Formerly Johnsons Controls Power Solutions)
- Narada Power Source Co., Ltd.
- Nipress
- Northstar
- Toshiba Corporation
- Zibo Torch Energy Co., Ltd.
- Reem Batteries & Power Appliances Co. SAOC