세계의 납축전지 시장 전망(-2030년) : 유형별, 공법별, 유통채널별, 용도별, 최종사용자별, 지역별 분석

According to Stratistics MRC, the Global Lead Acid Battery Market is accounted for $48.3 billion in 2024 and is expected to reach $72.4 billion by 2030 growing at a CAGR 7.0% during the forecast period. A lead-acid battery is a type of rechargeable battery that uses lead dioxide as the positive electrode and sponge lead as the negative electrode, immersed in a sulfuric acid electrolyte. Known for their durability and cost-effectiveness, these batteries are commonly used in automotive applications, uninterruptible power supplies, and renewable energy systems. They operate on a reversible chemical reaction, allowing them to be recharged multiple times.

According to IEA, renewable energy is estimated to account for more than 70% of the global electricity generation. In developing countries, such as India, the target for renewable energy generation for 2022 was 175 GW, which was further revised to 217 GW.

Market Dynamics:

Driver:

Growing automotive sector

The growing automotive sector is significantly driving the demand, primarily due to their reliability and cost-effectiveness. As electric vehicles (EVs) and hybrid vehicles gain popularity, lead-acid batteries continue to play a crucial role in traditional vehicles for starting, lighting, and ignition (SLI) applications. Additionally, advancements in battery technology are enhancing performance, making them suitable for various automotive needs. This surge in automotive production and the need for efficient energy storage solutions are bolstering the market's growth.

Restraint:

Competition from alternative technologies

Competition from alternative technologies, such as lithium-ion and solid-state batteries, poses significant challenges to the market. These newer technologies offer advantages like higher energy density, lighter weight, and faster charging times, appealing to consumers and industries seeking improved performance. Additionally, the perception of lead-acid batteries as outdated can hinder investment and innovation, impacting their long-term viability in a rapidly evolving energy landscape.

Opportunity:

Renewable energy integration

Renewable energy integration is becoming increasingly important in the market, as these batteries provide essential storage solutions for solar and wind energy systems. Their ability to store excess energy generated during peak production periods allows for a stable power supply during low generation times. Lead-acid batteries offer a cost-effective and reliable option for energy storage, especially in off-grid applications. As the push for sustainable energy solutions continues, the role of lead-acid batteries in supporting renewable energy integration is expected to grow.

Threat:

Performance limitations

Performance limitations in the market include relatively low energy density and shorter cycle life compared to newer technologies like lithium-ion batteries. Their weight and bulkiness can also hinder applications requiring lightweight solutions. Additionally, lead-acid batteries are sensitive to temperature fluctuations, which can impact efficiency and longevity. These limitations, coupled with slower charging times and a tendency for sulfation when not maintained properly, restrict their appeal in advanced applications, making it essential for manufacturers to innovate to remain competitive.

Covid-19 Impact:

The market has a significant impact on various sectors, particularly automotive and renewable energy. These batteries provide reliable power for vehicles, ensuring functionality in starting, lighting, and ignition systems. In renewable energy, they play a vital role in energy storage, facilitating the integration of solar and wind power. However, environmental concerns regarding lead toxicity and recycling practices pose challenges. Overall, the market's evolution is crucial for energy transition efforts, balancing economic needs with sustainability and safety considerations.

The stationary batteries segment is projected to be the largest during the forecast period

The stationary batteries segment is projected to account for the largest market share during the projection period. These batteries provide reliable backup and support grid stability by storing excess energy from renewable sources. Their robustness and cost-effectiveness make them popular for critical infrastructure. However, as technologies like lithium-ion gain traction, the lead-acid stationary battery segment must focus on improving efficiency and lifespan to maintain competitiveness in an evolving energy landscape.

The residential segment is expected to have the highest CAGR during the forecast period

The residential segment is expected to have the highest CAGR during the extrapolated period. These batteries store excess energy generated during the day for use at night or during outages, enhancing energy independence and reliability. Their affordability and proven technology make them appealing for residential applications, especially in off-grid settings. However, as interest in sustainable energy solutions grows, the market faces competition from more efficient battery technologies, prompting a need for innovation and performance improvements.

Region with largest share:

North America region is expected to hold the largest share of the market during the forecast period. With a significant presence of automobile manufacturers and increasing adoption of electric vehicles, the market remains vital for starting, lighting, and ignition (SLI) applications. Additionally, lead-acid batteries are widely used in backup power systems and renewable energy storage. However, environmental regulations and competition from advanced battery technologies pose challenges. To maintain relevance, the market is focusing on recycling and improving battery performance and sustainability.

Region with highest CAGR:

Asia Pacific is expected to register the highest growth rate over the forecast period. The demand for lead acid batteries in industrial applications is rising, particularly for use in forklifts and material handling equipment. Their reliability and cost-effectiveness make them suitable for these applications. The growing telecom sector and the establishment of data centers across the region are increasing the need for reliable power backup systems, which lead acid batteries provide effectively.

Key players in the market

Some of the key players in Lead Acid Battery market include EnerSys , Exide Technologies, LLC, Panasonic Corporation, Hitachi Chemical Co., Ltd., Teledyne Technologies Incorporated, Furukawa Electric, V-Guard, Apex Battery, Clarios, HBL Power Systems, Luminous Power Technologies, Amara Raja Batteries Ltd., Nippon Battery Co., Ltd., Lifeline Batteries and Luminous Power Technologies.

Key Developments:

In September 2024, Exide announced plans to launch an advanced SLI-AGM battery designed for the automotive market. This new battery technology aims to provide reliable starting power, enhanced durability, and potentially longer life compared to traditional lead-acid batteries.

In February 2024, Panasonic Energy Co., Ltd., announced it has signed a binding off-take agreement with the leading battery materials and technology company NOVONIX Limited ("NOVONIX"; Queensland, Australia) for the supply of synthetic graphite, the main component of the anodes of lithium-ion batteries used in electric vehicles (EVs).

Types Covered:

• Starting, Lighting, Ignition (SLI) Batteries
• Stationary Batteries
• Motive Batteries
• Other Types

Construction Methods Covered:

• Flooded Lead-Acid Batteries
• Valve-Regulated Lead-Acid (VRLA) Batteries
• Advanced Lead-Acid Batteries
• Other Construction Methods

Distribution Channels Covered:

• Online Sales
• Retail Stores
• Direct Sales

Applications Covered:

• Forklifts
• Heavy Machinery
• Passenger vehicles
• Data Centers
• Uninterruptible Power Supplies (UPS)
• Other Applications

End Users Covered:

• Automotive
• Industrial
• Commercial
• Residential
• Telecommunications
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Lead Acid Battery Market, By Type

• 5.1 Introduction
• 5.2 Starting, Lighting, Ignition (SLI) Batteries
• 5.3 Stationary Batteries
• 5.4 Motive Batteries
• 5.5 Other Types

6 Global Lead Acid Battery Market, By Construction Method

• 6.1 Introduction
• 6.2 Flooded Lead-Acid Batteries
• 6.3 Valve-Regulated Lead-Acid (VRLA) Batteries
• 6.4 Advanced Lead-Acid Batteries
• 6.5 Other Construction Methods

7 Global Lead Acid Battery Market, By Distribution Channel

• 7.1 Introduction
• 7.2 Online Sales
• 7.3 Retail Stores
• 7.4 Direct Sales

8 Global Lead Acid Battery Market, By Application

• 8.1 Introduction
• 8.2 Forklifts
• 8.3 Heavy Machinery
• 8.4 Passenger vehicles
• 8.5 Data Centers
• 8.6 Uninterruptible Power Supplies (UPS)
• 8.7 Other Applications

9 Global Lead Acid Battery Market, By End User

• 9.1 Introduction
• 9.2 Automotive
• 9.3 Industrial
• 9.4 Commercial
• 9.5 Residential
• 9.6 Telecommunications
• 9.7 Other End Users

10 Global Lead Acid Battery Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 EnerSys
• 12.2 Exide Technologies, LLC
• 12.3 Panasonic Corporation
• 12.4 Hitachi Chemical Co., Ltd.
• 12.5 Teledyne Technologies Incorporated
• 12.6 Furukawa Electric
• 12.7 V-Guard
• 12.8 Apex Battery
• 12.9 Clarios
• 12.10 HBL Power Systems
• 12.11 Luminous Power Technologies
• 12.12 Amara Raja Batteries Ltd.
• 12.13 Nippon Battery Co., Ltd.
• 12.14 Lifeline Batteries
• 12.15 Luminous Power Technologies