Lead Acid Battery Industry 2018-2021 Forecasts in New Market Research Reports
PUNE, India, February 24, 2016 /PRNewswire/ --
RnRMarketResearch.com adds "Global and China Lead-acid Battery Industry Report, 2015-2018" and "Global Lead-Acid Batteries Industry 2016 Market Research Report" with 2018 and 2021 forecasts data and information to its online business intelligence library.
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 2014, the country's development of lead-acid battery industry is of great significance to the world. Americas, primarily United States, made up 27% of global lead-acid battery output in 2014.
Complete report of 149 pages and 185 list of charts are available at http://www.rnrmarketresearch.com/global-and-china-lead-acid-battery-industry-report-2015-2018-market-report.html .
Global lead-acid battery demand amounted to 478.09 million KVAh in 2014, up 5.7% from a year ago, with China contributing a good portion of increase and the rest of the world maintaining average growth rate of around 2%. 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 grew by 12.4% to 213.50 million KVAh and lead-acid battery revenue went up 11.2% to RMB129 billion in 2014. The demand for the lead-acid battery for electric bicycle increased by -0.8%, the lead-acid battery for automotive starting 12.8%, the lead-acid battery for electric tricycle and low-speed electric vehicle both over 40%, and the lead-acid battery for communications around 14%.
Major Players in China are Johnson Controls, Exide Technologies, GS Yuasa, C&D, HOPPECK, Tianneng Power, Chaowei Power Co., Ltd., Camel Group, Fengfan Co., Ltd., Shandong Sacred Sun Power Sources Co., Ltd., Zhejiang Narada Power Source Co., Ltd., Vision Group, Guangdong Dynavolt Power Technology Co., Ltd., Shuangdeng Group and Leoch International Technology Ltd. Purchase a copy of Global and China Lithium Carbonate Industry Report, 2016-2020 at http://www.rnrmarketresearch.com/contacts/purchase?rname=448408 .
Since 2015, affected by the effect of lithium battery substitution, the demand for the lead-acid battery for electric bicycle has dropped quickly; sluggish demand from upstream sectors resulted in significantly slower growth in demand for the lead-acid battery for automotive starting and electric tricycle. In addition, as the year 2015 is the deadline for cleaning up excess capacity and the capacity causing severe pollution, a large number of small lead-acid battery producers can't get access permits, and have to stop production for rectification or produce secretively, leading to further slower apparent growth rate.
Johnson Controls is the world's largest lead-acid battery producer with a 15.7% market share in 2014. 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.
Lead-acid battery finds wide applications in transportation, communications, power, and railway industries. Starting battery (automobile, motorcycle), power battery (electric bicycle, electric tricycle, low-speed electric vehicle, ATV/special-purpose electric vehicle), and communications back-up power hold a combined 90% share of total lead-acid battery consumption.
Over the next couple years, the demand for the automotive start-stop battery and Pb-C energy storage battery is expected to present a CAGR of 30%-40%, the battery for low-speed electric vehicle 25%-30%, the battery for electric tricycle and ATV/special-purpose electric vehicle around 10%-15%, and automotive starting battery within 9%.
Explore more reports on the Battery Technology market at http://www.rnrmarketresearch.com/reports/energy-power/energy/battery-technology .
On Similar lines another research study titled "Global Lead-Acid Batteries Industry 2016 Market Research Report" forecasts the market providing global analysis including development trends, competitive landscape analysis, and key regions development status. With 257 tables and figures the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. Key Manufacturers involved in this research are Johnson Controls, Exide Technologies, GS Yuasa, EnerSys, CSB Battery, Sebang, East Penn, Fiamm, Panasonic, NorthStar, Atlasbx, ACDelco, Trojan, Amara Raja, C&D, Midac Power, Mutlu, Chaowei Power, Tianneng Power, Camel, Leoch, Shoto, Fengfan, Narada Power and Huawei Battery. Order a copy of this Lead acid battery Industry 2016 Market Research Report at http://www.rnrmarketresearch.com/contacts/purchase?rname=461649 .
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