MARKET OUTLOOK
The publisher envisions the Asia-Pacific lead-acid battery market would witness a CAGR of 3.51% over the forecast years 2019-2027.India, China, Japan, South Korea, ASEAN countries, Australia & New Zealand, and Rest of APAC together shape the lead-acid battery market in the Asia-Pacific.
As a result of the Government of India’s ‘Digital India’ campaign, an escalation in the number of data centers is being witnessed in the country. India is thus a promising market for data center providers looking to establish their base in local markets. The US-based tech giant Oracle announced setting up a data center in India to expand its cloud services in the country. In 2016, IBM set up two data centers in the country in Chennai and Mumbai; whereas, in the same year, NTT Communications established three data centers in Bangalore, Noida, and Mumbai. In data centers, lead-acid batteries are used for energy storage to serve as a back-up functionality. Thus, the increase in the number of data centers is leading to the growth of the lead-acid battery market in India.
Data centers are also mushrooming in South Korea, with leading providers such as Amazon, Google, IBM, Microsoft, and Oracle expanding into this region. This has made the country a lucrative market to carry out data center operations. The rising number of these facilities thereby provides a growth opportunity to the lead-acid battery market.
COMPETITIVE OUTLOOK
The companies competing in the lead-acid battery market include EnerSys, Crown Battery, Narada Power Source Co., Ltd., GS Yuasa Corporation, Reem Batteries & Power Appliances Co. SAOC, NorthStar, and Exide Technologies Inc.Table of Contents
1. Asia-Pacific Lead-Acid Battery Market – Summary
2. Industry Outlook
3. Asia-Pacific Lead-Acid Battery Market Outlook – by Product
4. Asia-Pacific Lead-Acid Battery Market Outlook – by Type
5. Asia-Pacific Lead-Acid Battery Market Outlook – by End-User
6. Asia-Pacific Lead-Acid Battery Market – Regional Outlook
7. Competitive Landscape
8. Reem Batteries & Power Appliances Co. 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.
Methodology
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