Southeast Asia Lead-acid Battery Market 2020-2024: EnerSys, Exide Industries Ltd., and Exide Technologies are Among the Major Vendors

Southeast Asia lead-acid battery market share is expected to grow by USD 1.97 billion, accelerating at a CAGR of 6% during the forecast period. The market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

Lead-acid Battery Market Analysis in Southeast Asia: View Free Sample Report

Lead-acid Battery Market In Southeast Asia: Key Trends to impact market growth

The hybrid power systems implementation in telecom towers is one of the key lead-acid battery market trends in the Southeast Asia market. Technavio's research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.

Lead-acid Battery Market In Southeast Asia: Top Drivers to Boost Demand

The increasing deployment of microgrids is one of the primary factors driving the growth of the lead-acid battery market in Southeast Asia. However, the growing popularity of Li-ion batteries will hamper the market growth. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business

Vendor Analysis: C&D Technologies Inc., East Penn Manufacturing Co. Inc., and EnerSys are key growth contributors

The market is fragmented due to the presence of several players. 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 and GS Yuasa International Ltd. are some of the major lead-acid battery market vendors in Southeast Asia.

The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.

Technavio's research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. Download the Free PDF Sample Report

Lead-acid Battery Market In Southeast Asia: Key Highlights of the Report for 2020-2024

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will drive the lead-acid battery market growth in Southeast Asia  during the next five years
• Precise estimation of the lead-acid battery market size in Southeast Asia and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the lead-acid battery market in Southeast Asia industry across Thailand, Malaysia, Indonesia, Singapore, and the Rest of South-East Asia
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of the lead-acid battery market vendors in Southeast Asia