Global Lead-acid Battery Industry Report 2016 - Forecasts to 2018 with Focus on the Chinese Market - Research and Markets

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Sep 13, 2016, 07:10 ET

DUBLIN, September 13, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global and China Lead-acid Battery (Starting Battery, Power Battery, Energy Storage Battery, Communication Backup Power) Industry Report, 2016-2018" report to their offering.

Global lead-acid battery demand amounted to 494.82 million KVAh in 2015, up 3.5% from a year ago, with China seeing a slowdown in demand growth rate and the rest of the world maintaining average growth rate of around 2%-3%.

Lead-acid battery industry is a typical one of high energy consumption and heavy pollution. A large amount of electricity is consumed and pollutants such as lead dust/fume, acidic leaded wastewater, acid fog, and waste residues are discharged during the process of production.

The center of global lead-acid battery production continues to transfer from developed countries to developing nations. As China's share of global lead-acid battery output has risen from 35% in 2010 to 42% in 2015, the country's development of lead-acid battery industry is of great significance to the world.

With enhanced efforts by the Chinese government to regulate lead-acid battery industry in the aspect of environmental protection since 2015 and the effect of lithium battery replacing lead-acid battery, global lead-acid battery demand growth is expected to fall along with that in China in the future, stabilizing at 2%-3%.

China's demand for lead-acid battery dropped by 7.3% to 196.214 million KVAh and lead-acid battery revenue fell 4.9% to RMB147 billion in 2015. The demand for the lead-acid battery for electric bicycle increased by -11.8%, the lead-acid battery for automotive starting 8.3%, the lead-acid battery for electric tricycle 21.6% and low-speed electric vehicle 35%, and the lead-acid battery for communications around 1%.

Competitive Landscape

Johnson Controls is the world's largest lead-acid battery producer with a 15.7% market share in 2015. In spite of this, the company is suffering a sustained decline in market share from as high as 26% in 2010. As companies continue to expand capacity, the advantage of market leader is waning. Meanwhile, as China pursues the elimination of outdated capacity, the market space for small companies keeps narrowing. Attracted by emerging markets (lithium battery and PV), some companies (like Panasonic) reduces investment in lead-acid battery.

Key Topics Covered:

1. Overview of Lead-acid Battery Industry

2. Development of Global Lead-acid Battery Industry

3. Development of Lead-acid Battery Industry in China

4. Substitute Products Market

5. Development of Upstream and Downstream Applications

6. Major Players in China