Global Lead Acid Battery Market,Industry Analysis,Trends & Forecast 2017 & 2020
Global lead acid battery market is projected to reach US$58.5 Bn by 2020 at an estimated CAGR of 4.6% during the forecast period. Lead acid battery is one among the oldest known commercial battery chemistries known to the industry. It utilises lead electrodes and sulphuric acid as electrolyte to store electrical energy. Unique selling propositions of lead acid battery include reliability, relatively low maintenance cost than other batteries, and durability. Automotive industry is one of the largest end users of...
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