U.S. Lead Acid Battery Market Size By Application (Stationary, Motive, SLI), By Construction (Flooded, VRLA {AGM, GEL}), By Sales Channel (OEM, Aftermarket) & Global Forecast, 2023 – 2032

U.S. Lead Acid Battery Market Size

U.S. Lead Acid Battery Market size surpassed USD 10.7 billion in 2022 and is anticipated to register 1.9% CAGR from 2023 to 2032. The demand is set to witness an upsurge owing to its utilization across off-grid power generation and transportation industry.
 

Lead acid battery industry is set to witness an appreciable momentum owing to its increasing applicability across automotive, telecommunications, and power sector. These batteries on account of their cost efficiency, high battery capacity, product reliability and safety have garnered significant predominance for diverse applications. Moreover, the ability of these batteries to offer a competitively priced and paradigm consumer shift toward easily accessible energy storage solution will favor the business scenario.
 

COVID– 19 Impact

The COVID- 19 pandemic has had a significant impact on the nation, resulting in a slowdown due to reduced consumer demand and disruptions in the value chain. However, towards the end of 2021, the market started to recover as businesses resumed their operations and consumer demand increased. This recovery was aided by government stimulus packages, ongoing vaccination drives, and other measures.
 

U.S. Lead Acid Battery Market Analysis

A stationary lead acid battery is a rechargeable battery that utilizes lead plates and sulfuric acid electrolyte. These batteries are primarily deployed across utilities, emergency lighting, backup power, railway backup systems, renewable energy systems, security systems, oil & gas exploration, and other related applications. The growing reliance on electronics has raised concerns over reliable power quality, resulting into robust adoption of these batteries.
 

SLI application is set to grow at a rate of 1.7% by 2032 Ongoing technological advancements along with increasing electrification of conventional passenger vehicles will foster the U.S. lead acid battery market landscape. Shift in the adoption of start-stop technology by automotive manufacturers, to conform with fuel efficiency standards is the most recent trend witnessed across the industry. Wide scale utilization of these units in modern vehicles owing to their maintenance-free design and improved safety will in turn offers significant business opportunities.
 

VRLA battery market is set to surpass USD 2.5 billion by 2032. The industry is set to grow on account of its key advantages including reduced electrolyte evaporation, spillage and higher resistance to temperature. The technology is widely utilized across electric vehicle batteries and traction batteries due to its large current discharge performance and high efficiency. In addition, these units are deployed in extremely cold environments for high power and current applications.
 

OEM lead acid battery market in United States exceeded USD 2 billion in 2022. The demand for these batteries is strong among automobile & stationary applications. Increasing demand of automobiles along with paradigm shift toward the adoption of two-wheeler will escalate the business potential. In addition, ongoing research & development programs aimed at reducing the costs and environmental impact of these batteries will support the industry growth.
 

The aftermarket contributes to the considerable proportion of the lead acid batteries market when compared with sales from Original Equipment Manufacturers. The industry dynamics and trends for OEMs and aftermarket vary considerably across diverse application areas. Additionally, ongoing research & development programs aimed at reducing the costs and environmental impact of these batteries will further support the business growth.
 

U.S. Lead Acid Battery Market Share

To keep up with the current competitiveness of the industry, leading companies are adopting digital advancements and engaging in mergers and acquisitions. The notable players in the U.S. lead acid battery market include:

• Crown Battery Manufacturing Company
• C&D Technologies
• EXIDE INDUSTRIES
• East Penn Manufacturing Co,
• Clarios
• EnerSys
• Power Sonic Corporation
• Fullriver Battery
• Universal Power Group
• U.S. Battery Manufacturing Company
• MK Battery
• Schumacher Electric Corporation.
   

U.S. Lead Acid Battery Industry News:

• In March 2022, Clarios acquired Metalúrgica de Medina, a battery recycling organization. The aim of the acquisition is to reduce the supplier risk and lower cost. This will also strengthen its global footprint and expand its battery recycling business. The scrap material produced from recycling will be reused in the manufacturing plants of its manufacturing plants.
   
• In July 2022, C & D Technologies announced to launch Pure Lead Plus, an advanced VRLA battery for critical data center applications. The product will reduce the replacement cost to 40% and increase the life expectancy from 10 to 20 years. In addition, the patented MES technology model will reduce 28% of battery rack footprint and is 98% recyclable.
   
• The U.S. lead acid battery market research report includes in-depth coverage of the industry with estimates & forecast in terms of “Units” & “USD” from 2019 to 2032 for the following segments:
  
  

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This market research report on U.S. lead acid battery includes in-depth coverage of the industry with estimates & forecast in terms of “Units” & “USD” from 2019 to 2032 for the following segments:

Click here to Buy Section of this Report

Market, By Application

• Stationary
  • Telecommunications
  • UPS
  • Control & Switchgear
  • Others
• Motive
• SLI
  • Automobiles
  • Motorcycles

Market, By Construction

• Flooded
• VRLA
  • AGM
  • GEL

Market, By Sales Channel

• OEM
• Aftermarket