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

By Type;

VRLA, Flooded Battery, and Others.

By Application;

Industrial forklifts, Railroads, Mining, and Others.

By Voltage Rating;

2V Lead-Acid Batteries, and 6V Lead-Acid Batteries.

By End-User Industry;

Automotive, and Industrial.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn803072580 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2024, the Global Motive Lead-Acid Battery Market was valued at USD 10570.57 million. The size of this market is expected to increase to USD 14873.85 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The Global Motive Lead-Acid Battery Market represents a crucial sector within the broader battery industry, characterized by the application of lead-acid batteries in powering motive equipment and vehicles. This market is segmented based on various factors, including technology advancements, evolving consumer preferences, and industrial demands. Understanding the dynamics of this market is essential for stakeholders to navigate the evolving landscape and capitalize on emerging opportunities.

In recent years, the market for motive lead-acid batteries has witnessed significant growth, driven by the increasing demand for reliable and cost-effective energy storage solutions across various industries. These batteries play a critical role in powering a wide range of motive equipment, including forklifts, electric vehicles, golf carts, and industrial machinery, among others. As industries continue to prioritize sustainability and efficiency, the demand for motive lead-acid batteries is expected to rise steadily in the coming years.

Key drivers shaping the growth of the global motive lead-acid battery market include technological advancements in battery manufacturing, increasing investments in electric vehicles and industrial automation, and the growing emphasis on energy efficiency and sustainability. The market also faces challenges such as fluctuating raw material prices, regulatory hurdles, and competition from alternative battery technologies. Despite these challenges, the market presents several opportunities for growth and innovation. These include the development of advanced lead-acid battery technologies, expansion into emerging markets, strategic partnerships and collaborations, and diversification into new application areas such as renewable energy storage and grid stabilization.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Voltage Rating
    4. Market Snapshot, By End-User Industry
    5. Market Snapshot, By Region
  4. Global Motive Lead-Acid Battery Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing EV and hybrid vehicle demand
        2. Industrial automation adoption
        3. Railway network expansion
        4. Sustainability focus in industries
        5. Logistics and warehousing growth
      2. Restraints
        1. Lithium-ion battery easy availability
        2. Limited energy density
        3. Recycling regulation challenges
        4. Slow charging times
        5. Lead exposure risks
      3. Opportunities
        1. Battery R&D for performance
        2. Renewable energy integration
        3. Smart grid technology adoption
        4. Battery recycling infrastructure
        5. Battery management system innovation
    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 Motive Lead-Acid Battery Market, By Type, 2021 - 2031 (USD Million)
      1. VRLA
      2. Flooded Battery
      3. Others
    2. Global Motive Lead-Acid Battery Market, By Application, 2021 - 2031 (USD Million)
      1. Industrial forklifts
      2. Railroads
      3. Mining
      4. Others
    3. Global Motive Lead-Acid Battery Market, By Voltage Rating, 2021 - 2031 (USD Million)
      1. 2V Lead-Acid Batteries
      2. 6V Lead-Acid Batteries
    4. Global Motive Lead-Acid Battery Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Automotive
      2. Industrial
    5. Global Motive Lead-Acid Battery 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 (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Johnson Controls - US
      2. Exide Technologies - US
      3. East Penn Manufacturing - US
      4. GS Yuasa Corporation - Japan
      5. EnerSys - US
      6. Clarios - US
      7. Leoch International - China
      8. C&D Technologies - US
      9. Crown Battery Manufacturing - US
      10. HOPPECKE Batterien - Germany
      11. Amara Raja Batteries - India
      12. Enersys Europe - Belgium
      13. Exide Industries - India
      14. Narada Power Source - China
      15. NorthStar - US
      16. FIAMM Energy Technology - Italy
      17. CSB Battery - Taiwan
      18. Power Sonic Corporation - US
      19. Chaowei Power Holdings - China
      20. Daramic - US
  7. Analyst Views
  8. Future Outlook of the Market