Rapidly Growing Automobile Industry Drives the Lead Acid Battery Market

The report studies the applications of lead acid batteries across various sectors such as stationary industrial, stationary commercial, transportation, and grid storage. The report estimates the demand for lead acid batteries from each of the sectors.

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Albany, NY -- (SBWire) -- 02/01/2016 --According to a new report added to the collection of Market Research Reports Search Engine, the global lead acid battery market is driven by the demand from the automobile industry. The report, titled "Global Lead Acid Battery Market Opportunity & Assessment, 2014 - 2020", offers insights into the present scenario of the global lead acid battery market and assesses the valuation and size of the market during the period between 2014 and 2020. The report offers an overview of the overall lead acid battery market and points out the key factors impacting the growth of the market during the forecast horizon. The report studies the global lead acid battery market across key regions and estimates the demand for lead acid batteries across various industries. Describing the competitive landscape of the market, the report profiles some of the key players.

Browse Full Report with TOC: http://www.mrrse.com/global-lead-acid-battery-market

The report points out that the rapidly growing automobile sector across the globe will boost the demand for lead acid batteries. Lead acid batteries are commonly used in cars as starting batteries to provide a short burst of high power to start the engine. As deep-cycle batteries, they are also used in boats and campers. The report states that the excellent cold cranking performance of lead acid batteries make them a suitable choice for automobile applications. Presently, lead acid batteries are the only available mass market technology for SLI applications in conventional vehicles. Though there are various alternative energy cells available in the market today, lead acid battery still remains the major source of power supply. All these factors will aid the global lead acid battery market to sustain its growth over the report's forecast period. Lead acid batteries are highly recycled consumer products and hence, are environment friendly. However, the usage of lithium-ion battery and super capacitor in electric hybrid vehicles will affect negatively impact the global lead acid battery market.

The report studies the applications of lead acid batteries across various sectors such as stationary industrial, stationary commercial, transportation, and grid storage. The report estimates the demand for lead acid batteries from each of the sectors.

The report segments the global lead acid battery market into key regions: North America, Asia Pacific, Latin America, Eastern Europe, Western Europe, Middle East and Africa, and Japan. The report analyzes the market proportion in each of the regions and assesses the demand for lead acid batteries in the regional markets.

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The report profile some of the key players in the global lead acid battery market such as Exide Technologies, Enersys, Johnson Controls, and GSYUASA. The report offers insightful information about the key players in the market such as product offerings, business overview, and latest developments. Through SWOT analysis, the report forecasts the growth prospects of the key players during the period between 2014 and 2020.

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