U.S. Lead Acid Battery Market by Type (Flooded, VRLA), by Application (SLI, Stationary, E-Bikes, Low Speed EVS, Others), by Forecast 2024-2032
The U.S. Lead Acid Battery Market size was valued at USD 7.10 USD Billion in 2023 and is projected to reach USD 10.21 USD Billion by 2032, exhibiting a CAGR of 5.33 % during the forecast period. A lead-acid battery is a rechargeable battery whose positive plates are made of lead dioxide and negative plates are made of sponge lead while the electrolyte is dilute sulfuric acid. Lead-acid batteries are the most common secondary batteries used in automotive, marine, and backup power. These come in a variety of types including flooded, gel or AGM (Absorbent Glass Mat) batteries which may be designed for particular uses and conditions. Lead-acid battery advantages consider low initial cost, available in different sizes and capacities, and reliability regarding high power demands. Nowadays, in the U.S., the development targets further improvements, which include the enhancement of the energy density, reduction in weight, and the advancement of products that are 100% recyclable because of the high demands on the environment and energy storage.
Type
Application
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.33% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.33% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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