Lead Acid Battery Market to Reach US$ 90.5 Bn by 2031 - Future Market Insights, Inc.
NEWARK, Del., July 11, 2022 /PRNewswire/ -- The lead-acid battery market valuation is expected to reach US$ 54.3 Bn in 2021. Future Market Insights (FMI) analysis has forecasted the lead-acid battery sales to increase at 5.2% CAGR between 2021 and 2031. According to the study, the overall lead-acid battery market valuation will top US$ 90.5 Bn by 2031.
- Future Market Insights (FMI) analysis has forecasted the lead-acid battery sales to increase at 5.2% CAGR between 2021 and 2031.
- According to the study, the overall lead-acid battery market valuation will top US$ 90.5 Bn by 2031.
- The lead-acid battery market will rise at 5.2% CAGR between 2021 and 2031 in the comparison above 1.2% CAGR registered during 2016-2020.
- Japan also has numerous small- and large-scale manufacturers, which has been aiding the overall growth of the lead-acid battery market.