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COVID-19 Impacts: Advanced Lead-acid Battery Market Will Accelerate at a CAGR of Almost 9% Through 2020-2024 | Growing Golf Cart Market to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--Aug 19, 2020--

Technavio has been monitoring the advanced lead-acid battery market and it is poised to grow by USD 3.20 billion during 2020-2024, progressing at a CAGR of almost 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200819005354/en/

Technavio has announced its latest market research report titled Global Advanced Lead-acid Battery Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19.Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH, Clarios, Crown Battery Manufacturing Co., East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., GS Yuasa Corp., Leoch International Technology Ltd., Narada Power Source Co. Ltd., and The Furukawa Battery Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The growing golf cart market has been instrumental in driving the growth of the market. However, increasing competition from lithium-ion batteries might hamper market growth.

Advanced Lead-acid Battery Market 2020-2024: Segmentation

Advanced Lead-acid Battery Market is segmented as below:

  • Application
    • Automotive
    • Stationary
    • Others
  • Geography
    • APAC
    • EMEA
    • Americas

To learn more about the global trends impacting the future of market research, download a free sample:https://www.technavio.com/talk-to-us?report=IRTNTR44697

Advanced Lead-acid Battery Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our advanced lead-acid battery market report covers the following areas:

  • Advanced Lead-acid Battery Market size
  • Advanced Lead-acid Battery Market trends
  • Advanced Lead-acid Battery Market industry analysis

This study identifies the increased adoption of microgrids as one of the prime reasons driving the advanced lead-acid battery market growth during the next few years.

Advanced Lead-acid Battery Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the advanced lead-acid battery market, including some of the vendors such as Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH, Clarios, Crown Battery Manufacturing Co., East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., GS Yuasa Corp., Leoch International Technology Ltd., Narada Power Source Co. Ltd., and The Furukawa Battery Co. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the Advanced Lead-acid Battery Market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

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Advanced Lead-acid Battery Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist advanced lead-acid battery market growth during the next five years
  • Estimation of the advanced lead-acid battery market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the advanced lead-acid battery market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of advanced lead-acid battery market vendors

Table Of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Automotive - Market size and forecast 2019-2024
  • Stationary - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Application

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • EMEA - Market size and forecast 2019-2024
  • Americas - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH
  • Clarios
  • Crown Battery Manufacturing Co.
  • East Penn Manufacturing Co. Inc.
  • EnerSys
  • Exide Industries Ltd.
  • GS Yuasa Corp.
  • Leoch International Technology Ltd.
  • Narada Power Source Co. Ltd.
  • The Furukawa Battery Co. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200819005354/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:[email protected]

Website:www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: OTHER ENERGY ENERGY

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 08/19/2020 12:45 PM/DISC: 08/19/2020 12:45 PM

http://www.businesswire.com/news/home/20200819005354/en

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