Analysis of COVID-19 Impact: Advanced Lead-Acid Battery Market 2019-2023 | Change in Energy Mix to Augment Growth | Technavio

Technavio has been monitoring the advanced lead-acid battery market and it is poised to grow by USD 4.89 billion during 2019-2023. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH, Clarios, Crown Battery Manufacturing Co., East Penn Manufacturing Co. Inc., EnerSys, Exide Technologies, GS Yuasa Corp., Leoch International Technology Ltd., Narada Power Source Co. Ltd., and The Furukawa Battery Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Change in the energy mix has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Advanced Lead-Acid Battery Market 2019-2023: Segmentation

Advanced Lead-Acid Battery Market is segmented as below:

• Application
  • Automotive
  • Stationary
  • Others
• Geographic Landscape
  • The Americas
  • APAC
  • EMEA

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Advanced Lead-Acid Battery Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The advanced lead-acid battery market report covers the following areas:

• Advanced Lead-Acid Battery Market Size
• Advanced Lead-Acid Battery Market Trends
• Advanced Lead-Acid Battery Market Analysis

This study identifies increasing the adoption of microgrids as one of the prime reasons driving the advanced lead-acid battery market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Advanced Lead-Acid Battery Market 2019-2023: Key Highlights

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will assist advanced lead-acid battery market growth during the next five years
• Estimation of the advanced lead-acid battery market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the advanced lead-acid battery market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of advanced lead-acid battery market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

• Market segmentation by application
• Comparison by application
• Automotive - Market size and forecast 2018-2023
• Stationary - Market size and forecast 2018-2023
• Others - Market size and forecast 2018-2023
• Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2018-2023
• EMEA - Market size and forecast 2018-2023
• Americas - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Rising vendor collaborations
• Changes in grid structure driving demand for energy storage
• Increasing adoption of microgrids

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH
• Clarios
• Crown Battery Manufacturing Co.
• East Penn Manufacturing Co. Inc.
• EnerSys
• Exide Technologies
• GS Yuasa Corp.
• Leoch International Technology Ltd.
• Narada Power Source Co. Ltd.
• The Furukawa Battery Co. Ltd.

PART 14: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200630005721/en/