Categories: Wire Stories

Insights on the Lead-Acid Battery Market in Southeast Asia 2020-2024 | COVID-19 Analysis, Drivers, Restraints, Opportunities and Threats | Technavio

LONDON–(BUSINESS WIRE)–#LeadacidBatteryMarketinSoutheastAsia–The lead-acid battery market size in Southeast Asia market size is expected to grow by USD 1.97 billion during 2020-2024, progressing at a CAGR of 6% during the forecast period. Download Free Sample Report


The increasing deployment of microgrids, and the hybrid power systems implementation in telecom towers are among the major factors propelling market growth. However, factors such as the growing popularity of li-ion batteries may hamper market growth.

The increasing deployment of microgrids will drive the lead-acid battery market growth in Southeast Asia during the forecast period. A microgrid is a small-scale, localized power station than can either operate independently or in congruence with the main central grid. As a way to incorporate renewables, microgrids often involve multiple energy resources such as solar, wind, biomass, geothermal, and fossil fuel generators. With the integration of renewable power sources, it can function as hybrid and operates independently to supply power to a local community, a university, or a military base, among others. This will necessitate the use of energy storage systems such as lead-acid batteries to compensate for the intermittency of renewables.

More details: www.technavio.com/report/lead-acid-battery-market-in-southeast-asia-industry-analysis?

Lead-Acid Battery Market in Southeast Asia: Type Landscape

Based on the type segmentation analysis, the VRLA batteries segment is expected to witness lucrative growth during the forecast period. This is mainly attributed to several factors such as the increasing demand for sealed maintenance batteries in the developing countries, the rising usage of UPS, and the increasing sales of golf carts.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Companies Covered

  • C&D Technologies Inc.
  • East Penn Manufacturing Co. Inc.
  • EnerSys
  • Exide Industries Ltd.
  • Exide Technologies
  • Hankook Tire Co. Ltd.
  • Johnson Controls International Plc
  • PT Selatan Jadi Jaya
  • PT. Trimitra Baterai Prakasa
  • GS Yuasa International Ltd.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, till 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

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.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio’s SUBSCRIPTION platform

Lead-acid Battery Market in Southeast Asia 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist lead-acid battery market growth in Southeast Asia during the next five years
  • Estimation of the lead-acid battery market size in Southeast Asiaand its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the lead-acid battery market in Southeast Asia
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of lead-acid battery market vendors in Southeast Asia

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

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

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Automotive – Market size and forecast 2019-2024
  • Stationary – Market size and forecast 2019-2024
  • Motive – Market size and forecast 2019-2024
  • Market opportunity by Application

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • VRLA – Market size and forecast 2019-2024
  • FLA – Market size and forecast 2019-2024
  • Market opportunity by Type

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Thailand – Market size and forecast 2019-2024
  • Malaysia – Market size and forecast 2019-2024
  • Indonesia – Market size and forecast 2019-2024
  • Singapore – Market size and forecast 2019-2024
  • Rest of South-East Asia – Market size and forecast 2019-2024
  • Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • C&D Technologies Inc.
  • East Penn Manufacturing Co. Inc.
  • EnerSys
  • Exide Industries Ltd.
  • Exide Technologies
  • Hankook Tire Co. Ltd.
  • Johnson Controls International Plc
  • PT Selatan Jadi Jaya
  • PT. Trimitra Baterai Prakasa
  • GS Yuasa International Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

For more information about this report visit www.technavio.com/report/lead-acid-battery-market-in-southeast-asia-industry-analysis?

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com
Website: www.technavio.com/

Alex

Recent Posts

Unlocking Opportunities and Driving Progress: Zimbabwe-Zambia Energy Projects Summit

The Zimbabwe-Zambia (Zim-Zam) Energy Projects Summit will take place from November 18-20, 2024, in Victoria…

4 hours ago

Wrapped Litecoin ($WLTC) Unlocks DeFi for Litecoin ($LTC) Holders

SINGAPORE - Media OutReach Newswire - 12 November 2024 - Leading digital asset exchange, Coinut,…

4 hours ago

Fostering Indigenous Language-Friendly Environments! United for the Preservation of Austronesian Languages in Kaohsiung City, Taiwan

TAIPEI, TAIWAN - Media OutReach Newswire – 12 November 2024 - The 2024 Austronesian Languages…

7 hours ago

U.S. Election Shakes the Ringgit: Octa Broker’s Analysis

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 12 November 2024 - The recent U.S.…

7 hours ago

VinFast secures funding from Vingroup and Pham Nhat Vuong to build financial reserves and accelerate growth

HANOI, VIETNAM - Media OutReach Newswire - 12 November 2024 - On 12 November 2024,…

9 hours ago

The Happi Loft Hosts Christmas Charity Celebration to Spread Holiday Cheer to Underprivileged Children

Partnering with Local Shelters, The Happi Loft Brings Festive Cheer with Personalised Gifts, Holiday Crafts,…

10 hours ago