The latest update of “Global ASEAN Lead Acid Battery Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global ASEAN Lead Acid Battery Market.
Overview of the ASEAN Lead Acid Battery Market:
The most important feature of a lead-acid battery is its capacity. This is determined by how much power the battery can store. The lower the charge, the greater the capacity. During low states of charge, large crystals of lead sulfate develop. These crystals are difficult to convert back into the lead. While most lead-acid batteries are relatively cheap, the cost of replacing one is more expensive than purchasing a new one. In most cases, the life of a lead-acid battery is measured in years, not months. In general, the lead sulfate in a lead-acid battery is more than 60% pure. This makes it more durable than other types of batteries.
Drivers:
Growing demand for energy storage solutions across the end-use industries to attain a circular economy is expected to augment the growth of the ASEAN lead-acid battery market throughout the forecast period. Moreover, increasing initiatives from governments to promote the adoption of renewable energy resources across the industrial sector are expected to further cushion the growth of the ASEAN lead-acid battery market over the forecast period. For instance, in December 2021, Exide Industries, an Indian lead-acid battery manufacturer, partnered with Leclanché, a lithium-ion battery producer in Switzerland, to develop the Nexcharge Platform to automate the assembly lines of the former in India.
Restraints:
Safety concerns associated with these batteries, combined with the growing threat of substitute batteries, are expected to limit the ASEAN lead-acid battery market's growth.
Regional Insights:
In terms of geography, India holds a commanding position in the ASEAN lead-acid battery market, owing to high FDIs (foreign direct investments) in the industrial sector and an increasing number of OEMs (Original Equipment Manufacturers).
Another notable nation is China, which is performing well in the ASEAN lead-acid battery market due to increasing applications in electric vehicles and appliances, rising export/import activities, and a robust automotive sector.
Competitive Landscape:
- Major companies contributing to the ASEAN lead-acid battery market include EXIDE INDUSTRIES LTD., Crown Battery, HBL Power Systems Ltd., CHILWEE GROUP CO. LTD., Clarios, Panasonic Corporation, East Penn Manufacturing Company, Enersys, and GS Yuasa International Ltd.
- In December 2021, Daramic India announced plans to develop lead-acid batteries for electric bikes and cars to capitalize on the emerging market in the ASEAN region.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global ASEAN Lead Acid Battery Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The ASEAN Lead Acid Battery Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- CHILWEE GROUP CO. LTD.
- Clarios
- Crown Battery
- Enersys
- EXIDE INDUSTRIES LTD.
- GS Yuasa International Ltd.
- HBL Power Systems Ltd.
- East Penn Manufacturing Company
- Panasonic Corporation.
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global ASEAN Lead Acid Battery Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Buggy
- Golf
- Airport
- Resorts/Hotel
- Park/Zoo
By Applications, the market is segmented into:
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by ASEAN Lead Acid Battery Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global ASEAN Lead Acid Battery Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: ASEAN Lead Acid Battery Market
1.6.1 How the Covid-19 is Affecting the ASEAN Lead Acid Battery Market
1.6.1.1 ASEAN Lead Acid Battery Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and ASEAN Lead Acid Battery Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 ASEAN Lead Acid Battery Market Perspective (2015-2028)
2.2 ASEAN Lead Acid Battery Market Growth Trends by Regions
2.2.1 ASEAN Lead Acid Battery Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 ASEAN Lead Acid Battery Market Historic Market Share by Regions (2015-2021)
2.2.3 ASEAN Lead Acid Battery Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 ASEAN Lead Acid Battery Market Growth Strategy
2.3.6 Primary Interviews with Key ASEAN Lead Acid Battery Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top ASEAN Lead Acid Battery Market Players by Market Size
3.1.1 Global Top ASEAN Lead Acid Battery Market Players by Revenue (2015-2021)
3.1.2 Global ASEAN Lead Acid Battery Market Revenue Market Share by Players (2015-2021)
3.1.3 Global ASEAN Lead Acid Battery Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global ASEAN Lead Acid Battery Market Concentration Ratio
3.2.1 Global ASEAN Lead Acid Battery Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by ASEAN Lead Acid Battery Market Revenue in 2019
3.3 ASEAN Lead Acid Battery Market Key Players Head office and Area Served
3.4 Key Players ASEAN Lead Acid Battery Market Product Solution and Service
3.5 Date of entering into ASEAN Lead Acid Battery Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global ASEAN Lead Acid Battery Market Historic Market Size by Type (2015-2021)
4.2 Global ASEAN Lead Acid Battery Market Forecasted Market Size by Type (2021-2028)
5 ASEAN Lead Acid Battery Market Breakdown Data by Application (2015-2028)
5.1 Global ASEAN Lead Acid Battery Market Size by Application (2015-2021)
5.2 Global ASEAN Lead Acid Battery Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America ASEAN Lead Acid Battery Market Size (2015-2021)
6.2 ASEAN Lead Acid Battery Market Key Players in North America (2019-2021)
6.3 North America ASEAN Lead Acid Battery Market Size by Type (2015-2021)
6.4 North America ASEAN Lead Acid Battery Market Size by Application (2015-2021)
7 Europe
7.1 Europe ASEAN Lead Acid Battery Market Size (2015-2021)
7.2 ASEAN Lead Acid Battery Market Key Players in Europe (2019-2021)
7.3 Europe ASEAN Lead Acid Battery Market Size by Type (2015-2021)
7.4 Europe ASEAN Lead Acid Battery Market Size by Application (2015-2021)
8 China
8.1 China ASEAN Lead Acid Battery Market Size (2015-2021)
8.2 ASEAN Lead Acid Battery Market Key Players in China (2019-2021)
8.3 China ASEAN Lead Acid Battery Market Size by Type (2015-2021)
8.4 China ASEAN Lead Acid Battery Market Size by Application (2015-2021)
9 Japan
9.1 Japan ASEAN Lead Acid Battery Market Size (2015-2021)
9.2 ASEAN Lead Acid Battery Market Key Players in Japan (2019-2021)
9.3 Japan ASEAN Lead Acid Battery Market Size by Type (2015-2021)
9.4 Japan ASEAN Lead Acid Battery Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia ASEAN Lead Acid Battery Market Size (2015-2021)
10.2 ASEAN Lead Acid Battery Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia ASEAN Lead Acid Battery Market Size by Type (2015-2021)
10.4 Southeast Asia ASEAN Lead Acid Battery Market Size by Application (2015-2021)
11 India
11.1 India ASEAN Lead Acid Battery Market Size (2015-2021)
11.2 ASEAN Lead Acid Battery Market Key Players in India (2019-2021)
11.3 India ASEAN Lead Acid Battery Market Size by Type (2015-2021)
11.4 India ASEAN Lead Acid Battery Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America ASEAN Lead Acid Battery Market Size (2015-2021)
12.2 ASEAN Lead Acid Battery Market Key Players in Central & South America (2019-2021)
12.3 Central & South America ASEAN Lead Acid Battery Market Size by Type (2015-2021)
12.4 Central & South America ASEAN Lead Acid Battery Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 ASEAN Lead Acid Battery Market Introduction
13.4 ASEAN Lead Acid Battery Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. ASEAN Lead Acid Battery Market Key Market Segments
Table 2. Key Players Covered: Ranking by ASEAN Lead Acid Battery Market Revenue
Table 3. Ranking of Global Top ASEAN Lead Acid Battery Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global ASEAN Lead Acid Battery Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for ASEAN Lead Acid Battery Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for ASEAN Lead Acid Battery Market Players to Combat Covid-19 Impact
Table 10. Global ASEAN Lead Acid Battery Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global ASEAN Lead Acid Battery Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global ASEAN Lead Acid Battery Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global ASEAN Lead Acid Battery Market Share by Regions (2015-2021)
Table 14. Global ASEAN Lead Acid Battery Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global ASEAN Lead Acid Battery Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. ASEAN Lead Acid Battery Market Growth Strategy
Table 20. Main Points Interviewed from Key ASEAN Lead Acid Battery Market Players
Table 21. Global ASEAN Lead Acid Battery Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global ASEAN Lead Acid Battery Market Share by Players (2015-2021)
Table 23. Global Top ASEAN Lead Acid Battery Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in ASEAN Lead Acid Battery Market as of 2019)
Table 24. Global ASEAN Lead Acid Battery Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players ASEAN Lead Acid Battery Market Product Solution and Service
Table 27. Date of entering into ASEAN Lead Acid Battery Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global ASEAN Lead Acid Battery Market Size by Type (2015-2021) (Million US$)
Table 30. Global ASEAN Lead Acid Battery Market Size Share by Type (2015-2021)
Table 31. Global ASEAN Lead Acid Battery Market Revenue Market Share by Type (2021-2028)
Table 31. Global ASEAN Lead Acid Battery Market Size Share by Application (2015-2021)
Table 33. Global ASEAN Lead Acid Battery Market Size by Application (2015-2021) (Million US$)
Table 34. Global ASEAN Lead Acid Battery Market Size Share by Application (2021-2028)
Table 35. North America Key Players ASEAN Lead Acid Battery Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players ASEAN Lead Acid Battery Market Share (2019-2021)
Table 37. North America ASEAN Lead Acid Battery Market Size by Type (2015-2021) (Million US$)
Table 38. North America ASEAN Lead Acid Battery Market Share by Type (2015-2021)
Table 39. North America ASEAN Lead Acid Battery Market Size by Application (2015-2021) (Million US$)
Table 40. North America ASEAN Lead Acid Battery Market Share by Application (2015-2021)
Table 41. Europe Key Players ASEAN Lead Acid Battery Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players ASEAN Lead Acid Battery Market Share (2019-2021)
Table 43. Europe ASEAN Lead Acid Battery Market Size by Type (2015-2021) (Million US$)
Table 44. Europe ASEAN Lead Acid Battery Market Share by Type (2015-2021)
Table 45. Europe ASEAN Lead Acid Battery Market Size by Application (2015-2021) (Million US$)
Table 46. Europe ASEAN Lead Acid Battery Market Share by Application (2015-2021)
Table 47. China Key Players ASEAN Lead Acid Battery Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players ASEAN Lead Acid Battery Market Share (2019-2021)
Table 49. China ASEAN Lead Acid Battery Market Size by Type (2015-2021) (Million US$)
Table 50. China ASEAN Lead Acid Battery Market Share by Type (2015-2021)
Table 51. China ASEAN Lead Acid Battery Market Size by Application (2015-2021) (Million US$)
Table 52. China ASEAN Lead Acid Battery Market Share by Application (2015-2021)
Table 53. Japan Key Players ASEAN Lead Acid Battery Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players ASEAN Lead Acid Battery Market Share (2019-2021)
Table 55. Japan ASEAN Lead Acid Battery Market Size by Type (2015-2021) (Million US$)
Table 56. Japan ASEAN Lead Acid Battery Market Share by Type (2015-2021)
Table 57. Japan ASEAN Lead Acid Battery Market Size by Application (2015-2021) (Million US$)
Table 58. Japan ASEAN Lead Acid Battery Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players ASEAN Lead Acid Battery Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players ASEAN Lead Acid Battery Market Share (2019-2021)
Table 61. Southeast Asia ASEAN Lead Acid Battery Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia ASEAN Lead Acid Battery Market Share by Type (2015-2021)
Table 63. Southeast Asia ASEAN Lead Acid Battery Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia ASEAN Lead Acid Battery Market Share by Application (2015-2021)
Table 65. India Key Players ASEAN Lead Acid Battery Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players ASEAN Lead Acid Battery Market Share (2019-2021)
Table 67. India ASEAN Lead Acid Battery Market Size by Type (2015-2021) (Million US$)
Table 68. India ASEAN Lead Acid Battery Market Share by Type (2015-2021)
Table 69. India ASEAN Lead Acid Battery Market Size by Application (2015-2021) (Million US$)
Table 70. India ASEAN Lead Acid Battery Market Share by Application (2015-2021)
Table 71. Central & South America Key Players ASEAN Lead Acid Battery Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players ASEAN Lead Acid Battery Market Share (2019-2021)
Table 73. Central & South America ASEAN Lead Acid Battery Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America ASEAN Lead Acid Battery Market Share by Type (2015-2021)
Table 75. Central & South America ASEAN Lead Acid Battery Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America ASEAN Lead Acid Battery Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in ASEAN Lead Acid Battery Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global ASEAN Lead Acid Battery Market Share by Type: 2021 VS 2028
Figure 2. Global ASEAN Lead Acid Battery Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. ASEAN Lead Acid Battery Market Report Years Considered
Figure 8. Global ASEAN Lead Acid Battery Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global ASEAN Lead Acid Battery Market Share by Regions: 2021 VS 2028
Figure 10. Global ASEAN Lead Acid Battery Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global ASEAN Lead Acid Battery Market Share by Players in 2019
Figure 13. Global Top ASEAN Lead Acid Battery Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in ASEAN Lead Acid Battery Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by ASEAN Lead Acid Battery Market Revenue in 2019
Figure 15. North America ASEAN Lead Acid Battery Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe ASEAN Lead Acid Battery Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China ASEAN Lead Acid Battery Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan ASEAN Lead Acid Battery Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia ASEAN Lead Acid Battery Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India ASEAN Lead Acid Battery Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America ASEAN Lead Acid Battery Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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