North America Advanced Lead-acid Battery Market 2022-2032 by Product Type (Motive, Stationary, SLI), Construction Method (Flooded, VRLA), Application

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December 2023 - 98 Pages - From $2,700
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North America advanced lead-acid battery market is projected to grow by 7.5% annually in the forecast period and reach $13.16 billion by 2032. The growth is driven by the rapid technological advancements, the increasing penetration of electric vehicles, and rising applications of advanced lead-acid battery in industrial, commercial, and residential sectors.
Highlighted with 21 tables and 33 figures, this 98-page report “North America Advanced Lead-acid Battery Market 2022-2032 by Product Type (Motive, Stationary, SLI), Construction Method (Flooded, VRLA), Application (Transportation, Industrial, Utility, Commercial & Residential), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America advanced lead-acid battery market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America advanced lead-acid battery market in every aspect of the classification from perspectives of Product Type, Construction Method, Application, and Country.

Based on Product Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Motive Batteries
• Stationary Batteries
• Starting-Light-Ignition (SLI) Batteries

Based on Construction Method, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Flooded Batteries
• Valve-Regulated Lead-Acid (VRLA) Batteries

By Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Transportation Batteries
• Industrial Batteries
• Utility
• Commercial & Residential

Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Product Type, Construction Method, and Application over the forecast years are also included.

The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Amara Raja Batteries Ltd.
Banner Batteries
Camel Group Co., Ltd.
Chaowei Power Holdings Limited
Clarios (Formerly Johnson Controls International PLC)
Coslight Technology International Group Co., Ltd.
Crown Battery
CSB Energy Technology Co., Ltd.
East Penn Manufacturing Company
EnerSys
Exide Industries Ltd.
Fiamm Energy Technology S.P.A.
First National Battery
Gridtential Energy, Inc.
GS Yuasa Corporation
Leoch International Technology Limited Inc.
Narada Power Source Co., Ltd.
Samsung SDI Co., Ltd.
Tesla Inc.
The Furukawa Battery Co., Ltd.
TianJin Lishen Battery Joint-Stock Co., Ltd.
Tianneng Battery Group Co., Ltd.
Trojan Battery Company
VARTA AG
Zhejiang Narada Power Source Co., Ltd.
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 17
2.1 Market Size and Forecast 17
2.1.1 Impact of COVID-19 on World Economy 18
2.1.2 Impact of COVID-19 on the Market 21
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 23
2.2 Major Growth Drivers 27
2.3 Market Restraints and Challenges 32
2.4 Emerging Opportunities and Market Trends 35
2.5 Porter’s Fiver Forces Analysis 39
3 Segmentation of North America Market by Product Type 43
3.1 Market Overview by Product Type 43
3.2 Motive Batteries 45
3.3 Stationary Batteries 46
3.4 Starting-Light-Ignition (SLI) Batteries 47
4 Segmentation of North America Market by Construction Method 48
4.1 Market Overview by Construction Method 48
4.2 Flooded Batteries 50
4.3 Valve-Regulated Lead-Acid (VRLA) Batteries 51
5 Segmentation of North America Market by Application 52
5.1 Market Overview by Application 52
5.2 Transportation Batteries 54
5.3 Industrial Batteries 55
5.4 Utility 56
5.5 Commercial & Residential 57
6 North America Market 2022-2032 by Country 58
6.1 Overview of North America Market 58
6.2 U.S. 61
6.3 Canada 64
6.4 Mexico 66
7 Competitive Landscape 68
7.1 Overview of Key Vendors 68
7.2 New Product Launch, Partnership, Investment, and M&A 71
7.3 Company Profiles 72
Amara Raja Batteries Ltd. 72
Banner Batteries 74
Camel Group Co., Ltd. 75
Chaowei Power Holdings Limited 76
Clarios (Formerly Johnson Controls International PLC) 77
Coslight Technology International Group Co., Ltd. 78
Crown Battery 79
CSB Energy Technology Co., Ltd. 80
East Penn Manufacturing Company 81
EnerSys 82
Exide Industries Ltd. 83
Fiamm Energy Technology S.P.A. 84
First National Battery 85
Gridtential Energy, Inc. 86
GS Yuasa Corporation 87
Leoch International Technology Limited Inc. 88
Narada Power Source Co., Ltd. 89
Samsung SDI Co., Ltd. 90
Tesla Inc. 91
The Furukawa Battery Co., Ltd. 92
TianJin Lishen Battery Joint-Stock Co., Ltd. 93
Tianneng Battery Group Co., Ltd. 94
Trojan Battery Company 95
VARTA AG 96
Zhejiang Narada Power Source Co., Ltd. 97
RELATED REPORTS 98

List of Tables:

Table 1. Snapshot of North America Advanced Lead-acid Battery Market in Balanced Perspective, 2022-2032 16
Table 2. World Economic Outlook, 2021-2031 19
Table 3. World Economic Outlook, 2021-2023 20
Table 4. Scenarios for Economic Impact of Ukraine Crisis 24
Table 5. Main Product Trends and Market Opportunities in North America Advanced Lead-acid Battery Market 35
Table 6. North America Advanced Lead-acid Battery Market by Product Type, 2022-2032, $ mn 43
Table 7. North America Advanced Lead-acid Battery Market by Construction Method, 2022-2032, $ mn 48
Table 8. North America Advanced Lead-acid Battery Market by Application, 2022-2032, $ mn 52
Table 9. North America Advanced Lead-acid Battery Market by Country, 2022-2032, $ mn 59
Table 10. U.S. Advanced Lead-acid Battery Market by Product Type, 2022-2032, $ mn 63
Table 11. U.S. Advanced Lead-acid Battery Market by Construction Method, 2022-2032, $ mn 63
Table 12. U.S. Advanced Lead-acid Battery Market by Application, 2022-2032, $ mn 63
Table 13. Canada Advanced Lead-acid Battery Market by Product Type, 2022-2032, $ mn 65
Table 14. Canada Advanced Lead-acid Battery Market by Construction Method, 2022-2032, $ mn 65
Table 15. Canada Advanced Lead-acid Battery Market by Application, 2022-2032, $ mn 65
Table 16. Mexico Advanced Lead-acid Battery Market by Product Type, 2022-2032, $ mn 67
Table 17. Mexico Advanced Lead-acid Battery Market by Construction Method, 2022-2032, $ mn 67
Table 18. Mexico Advanced Lead-acid Battery Market by Application, 2022-2032, $ mn 67
Table 19. Amara Raja Batteries Ltd.: Company Snapshot 72
Table 20. Amara Raja Batteries Ltd.: Business Segmentation 73
Table 21. Amara Raja Batteries Ltd.: Product Portfolio 73

 

 

List of Figures:

Figure 1. Research Method Flow Chart 10
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 13
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 15
Figure 4. North America Advanced Lead-acid Battery Market, 2022-2032, $ mn 17
Figure 5. Impact of COVID-19 on Business 21
Figure 6. Primary Drivers and Impact Factors of North America Advanced Lead-acid Battery Market 27
Figure 7. World Electric Vehicle Market, 2019-2030, $ bn 30
Figure 8. World Electric Vehicle Market, 2019-2030, million units 30
Figure 9. Renewable Electricity Capacity Growth by Region/Country, 2015-2020 and 2022-2027, GW 31
Figure 10. Primary Restraints and Impact Factors of North America Advanced Lead-acid Battery Market 32
Figure 11. Investment Opportunity Analysis 36
Figure 12. Porter’s Fiver Forces Analysis of North America Advanced Lead-acid Battery Market 39
Figure 13. Breakdown of North America Advanced Lead-acid Battery Market by Product Type, 2022-2032, % of Revenue 44
Figure 14. North America Addressable Market Cap in 2023-2032 by Product Type, Value ($ mn) and Share (%) 44
Figure 15. North America Advanced Lead-acid Battery Market by Product Type: Motive Batteries, 2022-2032, $ mn 45
Figure 16. North America Advanced Lead-acid Battery Market by Product Type: Stationary Batteries, 2022-2032, $ mn 46
Figure 17. North America Advanced Lead-acid Battery Market by Product Type: Starting-Light-Ignition (SLI) Batteries, 2022-2032, $ mn 47
Figure 18. Breakdown of North America Advanced Lead-acid Battery Market by Construction Method, 2022-2032, % of Sales Revenue 49
Figure 19. North America Addressable Market Cap in 2023-2032 by Construction Method, Value ($ mn) and Share (%) 49
Figure 20. North America Advanced Lead-acid Battery Market by Construction Method: Flooded Batteries, 2022-2032, $ mn 50
Figure 21. North America Advanced Lead-acid Battery Market by Construction Method: Valve-Regulated Lead-Acid (VRLA) Batteries, 2022-2032, $ mn 51
Figure 22. Breakdown of North America Advanced Lead-acid Battery Market by Application, 2022-2032, % of Sales Revenue 53
Figure 23. North America Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 53
Figure 24. North America Advanced Lead-acid Battery Market by Application: Transportation Batteries, 2022-2032, $ mn 54
Figure 25. North America Advanced Lead-acid Battery Market by Application: Industrial Batteries, 2022-2032, $ mn 55
Figure 26. North America Advanced Lead-acid Battery Market by Application: Utility, 2022-2032, $ mn 56
Figure 27. North America Advanced Lead-acid Battery Market by Application: Commercial & Residential, 2022-2032, $ mn 57
Figure 28. Breakdown of North America Advanced Lead-acid Battery Market by Country, 2022 and 2032, % of Revenue 59
Figure 29. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 60
Figure 30. U.S. Advanced Lead-acid Battery Market, 2022-2032, $ mn 62
Figure 31. Canada Advanced Lead-acid Battery Market, 2022-2032, $ mn 64
Figure 32. Advanced Lead-acid Battery Market in Mexico, 2022-2032, $ mn 66
Figure 33. Growth Stage of North America Advanced Lead-acid Battery Industry over the Forecast Period 68

 

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