Saudi Arabia Lead Acid Battery (SLI, Stationary, Motive) Market, Forecast & Opportunities, 2025 - ResearchAndMarkets.com
The "Saudi Arabia Lead Acid Battery Market by Product Type (SLI, Stationary, Motive), by Construction Method, by Technology, by Application (Utilities, Transportation, Industrial, Commercial, Residential, Others), by Company, by Region, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.
The Saudi Arabian Lead Acid Battery Market is expected to grow at a steady rate during the forecast period.
The Saudi Arabian Lead Acid Battery Market is driven by the increasing demand for cleaner energy sources. Additionally, stringent government policies & regulations pertaining to the greenhouse gases emissions and the type of batteries being used in the vehicles is further expected to propel the market through 2025.
Furthermore, technological advancements and new product launches by the major players operating in the market is expected to create lucrative opportunities for the market growth. However, the growing popularity of lithium ion batteries can hamper the market growth during the forecast period.
The Saudi Arabian Lead Acid Battery Market is segmented based on product type, construction method, technology, application, company, and region. Based on product type, the market can be categorized into SLI, stationery and motive. The SLI segment is expected to dominate the market owing to the associated benefits such as long shelf life and reducing weight in vehicles. This in turn increases the vehicle sales. Based on construction method, the market can be split into flooded and VRLA. The flooded segment is expected to dominate the market since these are widely used in diesel-electric submarines to power electric motors and nuclear submarines as an emergency power backup.
The major players operating in the Saudi Arabian Lead Acid Battery Market are Exide Technologies, ATLASBX Co. Ltd., GS Yuasa Corporation, Nipress PT, Leoch International Technology Ltd., CSB Battery Co. Ltd., Crown Battery Manufacturing Company, Johnson Controls International plc, Middle East Battery Company (MEBCO), C&D Technologies, MEA and others.
Major companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021-2025
Objective of the Study:
- To analyze and estimate the market size of the Saudi Arabian Lead Acid Battery Market from 2015 to 2018.
- To estimate and forecast the market size of the Saudi Arabian Lead Acid Battery Market from 2019 to 2025 and growth rate until 2025.
- To classify and forecast the Saudi Arabian Lead Acid Battery Market based on product type, construction method, technology, application, company, and regional distribution.
- To identify dominant region or segment in the Saudi Arabian Lead Acid Battery Market.
- To identify drivers and challenges for the Saudi Arabian Lead Acid Battery Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Saudi Arabian Lead Acid Battery Market.
- To identify and analyze the profile of leading players operating in the Saudi Arabian Lead Acid Battery Market.
- To identify key sustainable strategies adopted by market players in the Saudi Arabian Lead Acid Battery Market.
Key Target Audience:
- Lead acid battery manufacturers/suppliers/distributors
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to lead acid battery
Report Scope:
In this report, the Saudi Arabian Lead Acid Battery Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Saudi Arabia Lead Acid Battery Market, By Product Type:
- SLI
- Stationary
- Motive
Saudi Arabia Lead Acid Battery Market, By Construction Method:
- Flooded
- VLRA
Saudi Arabia Lead Acid Battery Market, By Technology:
- Basic
- Advanced Lead
Saudi Arabia Lead Acid Battery Market, By End-User Industry:
- Utilities
- Transportation
- Industrial
- Commercial
- Residential
- Others
Saudi Arabia Lead Acid Battery Market, By Region:
- Western
- Central
- Eastern
- Rest of Saudi Arabia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Saudi Arabian Lead Acid Battery Market.
- Exide Technologies
- ATLASBX Co. Ltd.
- GS Yuasa Corporation
- Nipress PT
- Leoch International Technology Ltd.
- CSB Battery Co. Ltd.
- Crown Battery Manufacturing Company
- Johnson Controls International plc
- Middle East Battery Company (MEBCO)
- C&D Technologies, MEA
For more information about this report visit https://www.researchandmarkets.com/r/4bl0ob
View source version on businesswire.com: https://www.businesswire.com/news/home/20201112005517/en/