Motive Lead-Acid Battery Market 2015-2019 - Rapid Increase in Material Handling & Industrial Production - Research and Markets

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/gkm5th/motive_leadacid) has announced the addition of the "Motive Lead-Acid Battery Market 2015-2019" report to their offering.

Motive lead-acid batteries provide motive power to small transport vehicles like forklifts, golf carts, railroads, and mining vehicles. The global market for motive lead-acid batteries is positively influenced by the rapid increase in material handling and industrial production in regions like Asia, Europe, and the Middle East. These factors spur the prospects for growth in this market during the forecast period and results in its stable market growth rate of more than 7% by 2019.

Vendors are looking to expand their current production capacities for lead-acid batteries to enhance their market presence. For instance, in 2015, GS Yuasa announced to expand its production capacity in Indonesia by the end of 2015 due to consistent economic growth in the country. Currently, the company has three operational plants in the country. With this expansion, the company aims to strengthen its supply system, thereby increasing market competitiveness.

According to the report, the modern-day forklift has adapted itself well with advancing logistics industry. With increasing global industrial production demand, the material handling process has also been growing steadily. However, the material handling market is quite conservative and risk-averse. Warehouse operators need a reliable technology to ease the use of forklifts and ensure a speedy return on investment (ROI), preferably in two to three years.

Further, the report states that lack of charging infrastructure for golf cart is hindering the market growth.

Companies Mentioned:

  • Axion Power International
  • Exide Technologies
  • SBS
  • East Penn Manufacturing
  • HOPPECKE Batterien
  • MIDAC Batteries
  • Navitas System
  • Trojan Battery
  • Chloride Batteries S E Asia
  • Crown Batteries
  • GS Yuasa
  • Johnson Control
  • Saft Batteries A.

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by application

PART 07: Market segmentation by technology

PART 08: Geographical segmentation

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

PART 15: Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/gkm5th/motive_leadacid

Contacts

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Laura Wood, Senior Manager
press@researchandmarkets.com
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Fax (outside U.S.): +353-1-481-1716
Sector: Battery Technology

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Battery Technology