Authored By: Sarah
04 Jul 2023

The lead-acid Battery Market for ESS in US forecasted to grow up to 26.29 MW by 2027

Lead acid batteries are widely used in ESS due to their robustness, cost-effectiveness, and reliability the potential of the market for this Lead Acid battery is huge in the United States increase in renewable energy generation, more emphasis will be placed on energy storage. The lead acid battery market for ESS in the US is estimated to grow at a CAGR of 5.22%  with a forecast that it will increase by 26.29 MW between 2022 and 2027. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking in our research report.

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Navigating  through what exactly is driving the US Lead-acid Battery Market for ESS 

Lead acid batteries are widely used in ESS due to their robustness, cost-effectiveness, and reliability making them safe and reliable energy storage solutions. Determinants that are driving the market growth including the market players are discussed below.

  • US has set a target of increasing renewable energy generation over the next few years, further highlighting the importance of ESS lead-acid batteries being a popular choice due to their high efficiency and cost-effectiveness.
  • The potential of the market in the United States is huge with the increase in renewable energy generation, more emphasis will be placed on energy storage, leading to an increase in the use of lead-acid batteries.
  • In addition, technological advances have led to more innovation and the development of innovative battery designs that can improve battery efficiency thus boosting the market growth.

Vendor Analysis: Market vendors are capitalizing on growth opportunities through various strategic measures. Prominent market players are constantly upgrading themselves to enhance their market presence with more focus on growth prospects. Our report includes qualitative and quantitative analyses of vendors with a wider understanding of the business ecosystem as well as the strengths and weaknesses of key market players

Market Players worth mentioning in this industry are Hawker Powersource Inc., Power-Sonic Corp., Scotts Emergency Lighting and Power Generation Inc., Surrette Battery Co. Ltd., Teledyne Technologies Inc., Trojan Battery Co. LLC, U.S. Battery Manufacturing Co., UPS Battery Center Ltd., Wirtz Mfg Co. Inc., AtBatt Inc., C, and D Technologies Inc.,

For example, A123 Systems LLC  offers different types of battery systems such as 12V Starter Batteries and 48V batteries. It also offers energy-scalable battery modules.

Evaluate and develop growth strategies. Get a comprehensive report summary describing the market size and forecast.  

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerating at a CAGR of 5.22%.

  2. What is the incremental growth of the market?
    The market is expected to grow by 26.29 MW through 2023-2027.

  3. What is a key factor driving this market?
    Cost-competitive energy storage solutions will drive market growth over the forecast period.

  4. What are the key regions covered in this market research report?
    The US is the key region featured in this research report.

  5. Which is the leading geographic region for this market:
    100% growth will originate from North America.
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