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Lead Acid Stationary Battery Storage Market Share

Report ID: GMI5852
Published Date: May 2023
Report Format: PDF

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Lead Acid Stationary Battery Storage Market Share

Some of the major market players operating across the lead acid stationary battery storage industry are

Johnson Controls
Exide Industries Ltd.
Duracell, Inc.
Panasonic Corporation
GS Yuasa International Ltd.
Ritar International Group
The Furukawa Battery Co., Ltd.
Narada
Siemens
Lockheed Martin Corporation
C&D Technologies, Inc.
ENERSYS

These players focus on new product launch & commercialization and strategic partnerships for market expansion. Furthermore, these players are increasingly investing in research & development activities, which enable them to introduce innovative products and garner maximum revenue in the market.

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of lead acid stationary battery storage exceeded USD 4.2 billion in 2022 and is anticipated to record more than 24.6% CAGR from 2023 to 2032, says this GMI report.

Lead acid stationary battery storage market size from the grid services segment valued at more than USD 2 billion in 2022 due to the ongoing integration of clean energy systems which has created a need for cost-effective technologies for network synchronization.

Asia Pacific lead acid stationary battery storage market will showcase 29% CAGR from 2023 to 2032 owing to the paradigm shift towards clean energy sources and rural electrification.

Johnson Controls, Exide Industries Ltd., Duracell, Inc., Panasonic Corporation, GS Yuasa International Ltd., Ritar International Group, The Furukawa Battery Co., Ltd., Narada, Siemens, Lockheed Martin Corporation, C&D Technologies, Inc., and ENERSYS.