Lead Acid Battery Market for ESS in the US 2015-2019
- Published: Aug 2015
- Pages: 88
- SKU: IRTNTR6930
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About lead-acid batteries
ESS comprise various technologies, such as pumped-hydro storage systems, flywheels, lead-acid batteries, and advanced batteries (Li-ion). Lead-acid batteries consist of plates of lead oxide or pure lead. These plates act as electrodes and diluted sulphuric acid acts as the electrolyte. Chemical reaction in these batteries produces a difference in voltage between terminals. A typical lead-acid battery contains pure lead, which acts as the negative electrode, and lead dioxide, which acts as the positive electrode. A combination of multiple electrodes is known as a cell. Two or more cells connected together form a battery. These batteries discharge when no current flows between the cells. This discharge follows a chemical reaction that converts both positive and negative electrodes to lead sulphate. The average working life of these batteries, under normal working conditions, is 3 to 4 years.
Technavio's analysts forecast the lead-acid battery market for ESS in the US to grow at a CAGR of 4% over the period 2014-2019.
Covered in this report
The report covers the present scenario and growth prospects of the lead-acid battery market for ESS in the US for the period 2015-2019. The market has been segmented based on geography and ownership model.
Technavio's lead acid battery market for ESS research report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the states of Pennsylvania, North Carolina, and California; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
Key states
• California
• North Carolina
• Pennsylvania
Key vendors
• Axion Power International
• C&D Technologies
• EaglePicher Technologies
• Enersys
• Exide
• Princeton Power Systems
• Redflow
• Surrette Battery Company
Market driver
• Increase in private investments
• For a full, detailed list, view our report
Market challenge
• Competition from Li-Ion batteries
• For a full, detailed list, view our report
Market trend
• Rise in investments in ESS
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to lead acid battery market for ESS growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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