DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/4pndt9/lead_acid_battery) has announced the addition of the "Lead Acid Battery Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020" report to their offering.
Global lead acid battery market is projected to reach US$58.5 Bn by 2020 at an estimated CAGR of 4.6%.
On the basis of applications the market is segmented as transportation, stationary industrial, motive industrial, commercial, residential and grid storage. Transportation and stationary industrial segments collectively contributed to about around 77.9% of market revenues in 2014. Stationary industrial application segment is identified as one of the fastest growing market during the forecast period with CAGR of 8.6%. Although grid storage as of 2013 accounts for miniscule share in the market, it is projected to expand at healthy CAGR of 7.3% during the forecast period.
Regional Overview of the Lead Acid Battery Market:
As of 2014, Asia Pacific dominates the market and accounts for around 34.2% share, followed by North America and Europe. In 2014, Asia Pacific lead acid battery market was valued at US$ 15,297 Mn., which is projected to reach US$19,881 Mn by 2020. In 2014, North America and Western Europe were the other major contributors to the global market; the contribution from these regions was 21.6% and 18.7% respectively. Although Eastern Europe accounted for miniscule share in the global market, it is expected to register highest CAGR of 5.5% during the forecast period.
Key Topics Covered:
1. Global Lead Acid Battery Market - Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Market Overview
5. Global Lead Acid Battery Market Analysis and Forecast - By Geography
6. Global Lead Acid Battery Market Analysis and Forecast - By Application
7. Global Lead Acid Battery Market Region Application Analysis
8. Competitive Dashboard
9. Company Profile
- Exide Technologies
- GS Yuasa Corporation
- Johnson Controls INC
For more information visit http://www.researchandmarkets.com/research/4pndt9/lead_acid_battery