Global Lead-Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Classification;

Battery, Motive Power Battery and Stationary Batteries.

By Application;

Motorcycle, Electrical Bicycle, Ups, Transport Vehicles and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn132887016 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Lead-Acid Market (USD Million), 2021 - 2031

In the year 2024, the Global Lead-Acid Market was valued at USD 51856.04 million. The size of this market is expected to increase to USD 63776.39 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.0%.

The global lead-acid battery market is a vital segment within the broader energy storage industry, encompassing applications ranging from automotive batteries to industrial backup power systems. Lead-acid batteries have long been the cornerstone of energy storage due to their reliability, cost-effectiveness, and established infrastructure. Despite increasing competition from newer battery technologies like lithium-ion, lead-acid batteries continue to dominate certain sectors, particularly in automotive starting, lighting, and ignition (SLI) applications where their robustness and affordability are paramount.

In recent years, the lead-acid battery market has witnessed significant evolution driven by advancements in technology aimed at enhancing performance and extending lifespan. Innovations such as enhanced flooded batteries (EFBs) and absorbent glass mat (AGM) batteries have bolstered their appeal in modern automotive applications by offering improvements in efficiency and durability. Moreover, the growing demand for renewable energy storage solutions has spurred innovation in lead-acid batteries for off-grid and micro-grid applications, where their ability to store large amounts of energy economically remains unmatched by many alternatives.

The market for lead-acid batteries is widespread, with key production and consumption hubs in regions like Asia Pacific, North America, and Europe. These batteries play a crucial role in providing reliable power solutions across various industries, including telecommunications, utilities, and transportation. As the global economy transitions towards sustainable energy solutions, the lead-acid battery market is expected to continue evolving, driven by ongoing research into materials and manufacturing processes aimed at improving efficiency, reducing environmental impact, and meeting the diverse needs of modern energy consumers.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Classification
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Lead-Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Automotive Industry Demand
        2. Reliable and Cost-Effective Energy Storage Solution
        3. Established Infrastructure and Supply Chain
        4. Growth in Renewable Energy Installations
        5. Increasing Demand for Uninterruptible Power Supply (UPS)
      2. Restraints
        1. Competition from Lithium-Ion Batteries
        2. Environmental Concerns and Regulations
        3. Limited Energy Density
        4. Recycling Challenges
        5. Slow Technological Advancements
      3. Opportunities
        1. Innovations in Battery Technology
        2. Expansion in Emerging Markets
        3. Integration with IoT and Smart Grids
        4. Hybrid and Micro-Hybrid Vehicle Applications
        5. Energy Storage Systems for Grid Stability
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Lead-Acid Market, By Classification, 2021 - 2031 (USD Million)
      1. Battery
      2. Motive Power Battery
      3. Stationary Batteries
    2. Global Lead-Acid Market, By Application, 2021 - 2031 (USD Million)
      1. Motorcycle
      2. Electrical Bicycle
      3. Ups
      4. Transport Vehicles
      5. Others
    3. Global Lead-Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Johnson Controls
      2. Exide Technologies
      3. East Penn Manufacturing
      4. GS Yuasa Corporation
      5. EnerSys
  7. Analyst Views
  8. Future Outlook of the Market