India Lead Acid Battery Market to 2024: Forecast By Types, Construction Method & Application
DUBLIN, Oct. 22, 2018 /PRNewswire/ --
The "India Lead Acid Battery Market (2018-2024): Market Forecast By Types (SLI (Starting Lighting Ignition), Stationary and Motive/Traction), By Construction Method (Flooded & VRLA), By Applications (Automotive, Telecommunications, UPS & Inverter, Elect" report has been added to ResearchAndMarkets.com's offering.
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India Lead Acid Battery Market is projected to grow at a CAGR of over 9% during 2018-24.
Lead acid battery is traditionally used as rechargeable battery with varied applications including automotive for starting lighting as well as ignition usage across power backup devices such as inverter, UPS, and genset followed by telecommunication segment, electric vehicles, renewable energy production and storage. India lead acid battery market is driven by automotive and UPS & inverter industry; in addition, government schemes to promote electric vehicles coupled with rising installation of renewable energy projects are posing new opportunities for lead acid battery manufacturers in the country.
SLI battery segment bagged highest revenue share in 2017, followed by stationary battery segment. SLI battery is projected to lead the market during the forecast period owing to its high utilization in automobiles. Moreover, automobile sales registered an increase of around 14% in 2017; vehicle production in India registered a CAGR of nearly 6% during 2011-17, contributing towards the demand of SLI lead acid batteries in the country.
Further, motive/traction battery is anticipated to exhibit second highest growth rate over the coming years on the back of its usage across railways coupled with growing adoption of electric vehicles in the country. In terms of construction methods, flooded battery captured majority of the revenue share in 2017; however, VRLA segment is likely to display higher growth rate owing to its benefits over flooded ones, such as advantage of immobilized electrolyte in VRLA battery which prevents electrolyte leakage and do not require maintenance.
The report thoroughly covers India Lead Acid Battery market by types, construction method, applications, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas and market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.
Key Topics Covered:
1. Executive Summary
2. Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Global Lead Acid Battery Market Overview
3.1. Global Lead Acid Battery Market Revenues (2014-2024F)
3.2. Global Lead Acid Market Revenue Share, By Regions (2017)
4. India Lead Acid Battery Market Overview
4.1. India Lead Acid Battery Market Revenues & Volume (2014-2024F)
4.2. India Lead Acid Battery Market Industry Life Cycle
4.3. India Lead Acid Battery Market Opportunistic Matrix
4.4. India Lead Acid Battery Market Value Chain Analysis
4.5. India Lead Acid Battery Market Porter's Five Force Model
4.6. India Lead Acid Battery Market Revenue Share, By Types (2017 & 2024F)
4.7. India Lead Acid Battery Market Revenue Share, By Construction Method (2017 & 2024F)
4.8. India Lead Acid Battery Market Revenue Share, By Applications (2017 & 2024F)
4.9. India Lead Acid Battery Market Revenue Share, By Capacity (2017 & 2024F)
4.10. India Lead Acid Battery Market Revenue Share, By Regions (2017 & 2024F)
5. India Lead Acid Battery Market Dynamics
5.1. Impact Analysis
5.2. Market Drivers
5.3. Market Restraints
6. India Lead Acid Battery Market Trends
7. India Lead Acid Battery Market Overview, By Types
7.1. India Lead Acid Battery Market Revenues, By SLI Battery (2014-2024F)
7.2. India Lead Acid Battery Market Revenues, By Stationary Battery (2014-2024F)
7.3. India Lead Acid Battery Market Revenues, By Motive/Traction Battery (2014-2024F)
8. India Lead Acid Battery Market Overview, By Construction Method
8.1. India Lead Acid Battery Market Revenues, By Flooded Battery (2014-2024F)
8.2. India Lead Acid Battery Market Revenues, By VRLA Battery (2014-2024F)
9. India Lead Acid Battery Market Overview, By Applications
9.1. India Lead Acid Battery Market Revenues, By Automotive (2014-2024F)
9.2. India Lead Acid Battery Market Revenues, By Telecommunication (2014-2024F)
9.3. India Lead Acid Battery Market Revenues, By UPS & Inverter (2014-2024F)
9.4. India Lead Acid Battery Market Revenues, By Electric Vehicles & Renewable Energy (2014-2024F)
9.5. India Lead Acid Battery Market Revenues, By Other Applications (2014-2024F)
10. India Lead Acid Battery Market Overview, By Capacity
10.1. India Lead Acid Battery Market Revenues & Volume, By Up to 100 Ah (2014-2024F)
10.2. India Lead Acid Battery Market Revenues & Volume, By 100.1-200 Ah (2014-2024F)
10.3. India Lead Acid Battery Market Revenues & Volume, By 200.1-300 Ah (2014-2024F)
10.4. India Lead Acid Battery Market Revenues & Volume, By Above 300 Ah (2014-2024F)
11. India Lead Acid Battery Market Overview, By Regions
11.1. India Northern Region Lead Acid Battery Market Revenues (2014-2024F)
11.2. India Eastern Region Lead Acid Battery Market Revenues (2014-2024F)
11.3. India Western Region Lead Acid Battery Market Revenues (2014-2024F)
11.4. India Southern Region Lead Acid Battery Market Revenues (2014-2024F)
12. India Lead Acid Battery Market Key Performance Indicators
12.1. Government Spending Outlook in India
12.2. Electric Vehicles Market in India
12.3. India Power Demand & Supply Outlook
13. India Lead Acid Battery Market Opportunity Assessment
13.1. India Lead Acid Battery Market Opportunity Assessment, By Types (2024)
13.2. India Lead Acid Battery Market Opportunity Assessment, By Applications (2024)
14. India Lead Acid Battery Market - Competitive Landscape
14.1. India Lead Acid Battery Market Players Revenue Share (2017)
14.2. Competitive Benchmarking, By Operating Parameters
14.3. Competitive Benchmarking, By Types and Construction Method
15. Company Profiles
15.1. Exide Industries Ltd.
15.2. Amara Raja Batteries Ltd.
15.3. Luminous Power Technologies Pvt. Ltd.
15.4. HBL Power Systems Ltd.
15.5. Okaya Power Pvt. Ltd.
15.6. Su-Kam Power System Ltd.
15.7. Southern Batteries Pvt. Ltd.
15.8. Base Corporation Ltd.
15.9. AMCO Saft India Pvt. Ltd.
15.10. TATA Autocomp GY Batteries Pvt. Ltd.
16. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/research/38jjrz/india_lead_acid?w=5
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