Lead Acid Battery Market, by Product Type (SLI Lead Acid Battery, Stationary Lead Acid Battery, and Motive Lead Acid Battery), by Construction Method (Flooded Lead Acid Battery, and VRLA Lead Acid Battery), by End Use (Industrial, Residential, and Commerc
The increasing demand from various industries, such as automotive sector, telecom sector, uninterrupted power supply in oil and gas mining, manufacturing, and chemical is expected to the boost the growth of the lead acid batteries market globally. Moreover, the low cost of the batteries coupled with new developments and innovation in lead acid battery products is further expected to augment the market growth. However, environmental restrains, due to lead content and threat from substitute namely lithium-ion battery are the major restraints for the growth of global lead acid battery market.
, by Construction Method (Flooded Lead Acid Battery, and VRLA Lead Acid Battery), by End Use (Industrial, Residential, and Commerc)