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The lead-acid battery market in Southeast Asia is forecasted to grow by USD 1.18 bn during 2023-2028, accelerating at a CAGR of 6.54% during the forecast period. The report on the lead-acid battery market in Southeast Asia provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by significant growth in automotive market, efficient usage of lead-acid batteries in industrial applications, and increase in demand due to change in energy mix.
The lead-acid battery market in Southeast Asia is segmented as below:
By Type
- FLA batteries
- VRLA batteries
By Application
- Automotive
- Industrial
- Others
This study identifies the increase in demand for lead-acid batteries owing to rising adoption of microgrids as one of the prime reasons driving the lead-acid battery market in Southeast Asia growth during the next few years. Also, growing need for environmentally friendly vehicles and upcoming railway projects leading to increase in demand for lead-acid batteries will lead to sizable demand in the market.
The report on the lead-acid battery market in Southeast Asia covers the following areas:
- Lead-acid battery market in Southeast Asia sizing
- Lead-acid battery market in Southeast Asia forecast
- Lead-acid battery market in Southeast Asia industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lead-acid battery market in Southeast Asia vendors that include Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH, ACE Green Recycling Inc., C and D Technologies Inc., Contemporary Amperex Technology Co. Ltd., East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., Furukawa Electric Co. Ltd., Gravita India Ltd., GS Yuasa International Ltd., Hankook Tire and Technology Co. Ltd., Johnson Controls International Plc, Leoch International Technology Ltd., Narada Asia Pacific Pte. Ltd., Panasonic Holdings Corp., PT Century Batteries Indonesia, PT New Indobatt Energy Nusantara, PT Selatan Jadi Jaya, PT. Tri Mega Baterindo, and PT. Trimitra Baterai Prakasa. Also, the lead-acid battery market in Southeast Asia analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary
The publisher recognizes the following companies as the key players in the lead-acid battery market in Southeast Asia: Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH, ACE Green Recycling Inc., C and D Technologies Inc., Contemporary Amperex Technology Co. Ltd., East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., Furukawa Electric Co. Ltd., Gravita India Ltd., GS Yuasa International Ltd., Hankook Tire and Technology Co. Ltd., Johnson Controls International Plc, Leoch International Technology Ltd., Narada Asia Pacific Pte. Ltd., Panasonic Holdings Corp., PT Century Batteries Indonesia, PT New Indobatt Energy Nusantara, PT Selatan Jadi Jaya, PT. Tri Mega Baterindo, and PT. Trimitra Baterai Prakasa.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is an increase in demand for lead-acid batteries owing to the rising adoption of microgrids.'
According to the report, one of the major drivers for this market is the significant growth in the automotive market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH
- ACE Green Recycling Inc.
- C and D Technologies Inc.
- Contemporary Amperex Technology Co. Ltd.
- East Penn Manufacturing Co. Inc.
- EnerSys
- Exide Industries Ltd.
- Furukawa Electric Co. Ltd.
- Gravita India Ltd.
- GS Yuasa International Ltd.
- Hankook Tire and Technology Co. Ltd.
- Johnson Controls International Plc
- Leoch International Technology Ltd.
- Narada Asia Pacific Pte. Ltd.
- Panasonic Holdings Corp.
- PT Century Batteries Indonesia
- PT New Indobatt Energy Nusantara
- PT Selatan Jadi Jaya
- PT. Tri Mega Baterindo
- PT. Trimitra Baterai Prakasa
