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Stationary Lead-Acid (SLA) Battery Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 141
  • SKU: IRTNTR44139
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The stationary lead-acid (SLA) battery market’s growth momentum will accelerate at a CAGR of 8.88% and the market share will increase by USD 4.46 billion from 2021 to 2026.

This stationary lead-acid (SLA) battery market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The stationary lead-acid (SLA) battery market report also offers information on several market vendors, including Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH, Amara Raja Batteries Ltd., C and D Technologies Inc., Clarios, Coslight International Group, Crown Micro, East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., GS Yuasa Corp., Hankook and Co. Ltd., Hitachi Ltd., Leoch International Technology Ltd., MIDAC SpA, Zhejiang Narada Power Source Co. Ltd., Panasonic Corp., Rolls Battery, SEBANG GLOBAL BATTERY Co. Ltd., Shandong Sacred Sun Power Sources Co. Ltd., and Tianneng Battery among others.

This report extensively covers stationary lead-acid (SLA) battery market segmentations by:

  • End-user - Telecom, UPS, and Others
  • Geography - APAC, Europe, North America, Middle East and Africa, and South America

What will the Stationary Lead-Acid (SLA) Battery Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Stationary Lead-Acid (SLA) Battery Market Size for the Forecast Period and Other Important Statistics

 

Stationary Lead-Acid (SLA) Battery Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increased investment in green telecom is notably driving the stationary lead-acid (SLA) battery market growth, although factors such as shortfalls of lead-acid batteries may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the stationary lead-acid (SLA) battery industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Stationary Lead-Acid (SLA) Battery Market Driver

One of the key factors driving growth in the stationary lead-acid (SLA) battery market is the increased investment in green telecom. The global telecommunication industry has registered a significant surge in its growth, owing to a drop in telecom tariffs because of intense market competition. The rise in telecom subscriptions has driven the number of telecom tower installations. The growth in rural communication technologies helps in improving the economy of the region in many ways. An effective communication network ensures the improvement of public services, such as health and education. It also aids in creating employment and training opportunities, thereby enhancing economic growth. The growing demand for energy in the telecom sector is attracting investments and funding for the R and D of batteries. The emphasis on the use of green energy sources for powering telecom towers drives the global SLA battery market. Lead-acid batteries utilize 60%-80% of the recycled lead, as the energy used to process the recycled lead is lesser than that of the primary ore. This protects the environment from the toxic effects of lead and plastics and satisfies end-user requirements as they are price-sensitive.

Key Stationary Lead-Acid (SLA) Battery Market Trend

The development of advanced lead-acid battery is a stationary lead-acid (SLA) battery market trend that is expected to have a positive impact in the coming years. The most significant advantage of lead-acid batteries over other battery and energy storage technologies is the cost, as lead-based batteries cost much lower than lithium-ion batteries and NiMH batteries. Advanced lead-acid batteries are an upgrade over traditional lead-acid batteries as they provide superior performance and help in avoiding the disadvantages of traditional lead-acid batteries, such as a decline in the performance of the battery due to sulfation. These batteries are used for both on-grid and off-grid energy storage to provide reliable and continuous electricity. In automobiles, advanced lead-acid batteries are used primarily for a start/stop applications in micro-hybrid vehicles and EVs. The increasing need for industrial batteries and energy storage applications in electrical grids, off-grid, and microgrids is driving the demand for advanced lead-acid batteries. Several vendors are increasingly collaborating among themselves and investing in the R and D of advanced lead-acid batteries.

Key Stationary Lead-Acid (SLA) Battery Market Challenge

The shortfalls of lead-acid batteries will be a major challenge for the stationary lead-acid (SLA) battery market during the forecast period. Lead-acid batteries are widely used across the globe. Lead-acid batteries hold a cost advantage over other battery technologies and thus are preferred in several applications. However, they are heavier and less durable than substitute batteries, such as lithium-ion and nickel batteries. Compared with lithium-ion batteries, lead-acid batteries have lower energy density and lose the ability to accept a charge when discharged for too long due to sulfation (formation of lead sulfate crystals in the pores and the surface of the lead plates of batteries). Lead-acid batteries contain high levels of toxic lead oxide, a hazardous material that poses risks to the environment and human health. An increase in lead pollution due to the improper disposal of lead components is restricting the use of lead in batteries. Several lead-acid battery manufacturers have been ordered to close their plants in the past due to concerns over lead poisoning/pollution. Thus, the disadvantages of lead-acid batteries will restrict their usage across the globe.

This stationary lead-acid (SLA) battery market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global stationary lead-acid (SLA) battery market as a part of the global renewable electricity market within the global independent power and renewable electricity market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the stationary lead-acid (SLA) battery market during the forecast period.

Who are the Major Stationary Lead-Acid (SLA) Battery Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH
  • Amara Raja Batteries Ltd.
  • C and D Technologies Inc.
  • Clarios
  • Coslight International Group
  • Crown Micro
  • East Penn Manufacturing Co. Inc.
  • EnerSys
  • Exide Industries Ltd.
  • GS Yuasa Corp.
  • Hankook and Co. Ltd.
  • Hitachi Ltd.
  • Leoch International Technology Ltd.
  • MIDAC SpA
  • Zhejiang Narada Power Source Co. Ltd.
  • Panasonic Corp.
  • Rolls Battery
  • SEBANG GLOBAL BATTERY Co. Ltd.
  • Shandong Sacred Sun Power Sources Co. Ltd.
  • Tianneng Battery

 

This statistical study of the stationary lead-acid (SLA) battery market encompasses successful business strategies deployed by the key vendors. The stationary lead-acid (SLA) battery market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • hoppecke.com - The company offers stationary lead-acid batteries that have special feature which is the pocketing of the negative plates and this protects the active mass and effectively prevents short circuits, which ensures maximum reliability.

  • hoppecke.com - Under the unified product segment segment, the company offers comprehensive product range of batteries and cells to complete energy systems with the most modern charging technology, monitoring units, and engineering to consumption dependent energy billing. Company offers also offers power line batteries, systemizer, optimizer, ecomizer, and other products.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The stationary lead-acid (SLA) battery market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Stationary Lead-Acid (SLA) Battery Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the stationary lead-acid (SLA) battery market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Stationary Lead-Acid (SLA) Battery Market?

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58% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for stationary lead-acid (SLA) batteries in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growing use of industrial lead-acid batteries in the renewable energy and industrial sectors will facilitate the stationary lead-acid (SLA) battery market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the regional market witnessed a significant decline in revenue, owing to the outbreak of COVID-19. In addition, telecom and UPS sales dropped, which led to a decline in the demand for SLA batteries. The initiation of vaccination drives led to the lifting of lockdown restrictions in 2021. This has increased the demand for SLA batteries in APAC. Thus, the market is expected to grow during the forecast period.

What are the Revenue-generating End-user Segments in the Stationary Lead-Acid (SLA) Battery Market?

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The stationary lead-acid (SLA) battery market share growth by the telecom segment will be significant during the forecast period. Most global telecom tower installations utilize lead-acid batteries as the performance of other battery technologies decreases when additional systems are connected to the battery. Hence, lead-based batteries are best suited for telecom-based applications. ad-acid batteries provide energy-storing potential similar to the Li-ion battery technology when connected in a similar combination. Hence, lead-acid batteries are considered an efficient energy storage technology. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the stationary lead-acid (SLA) battery market size and actionable market insights on post COVID-19 impact on each segment.

 

Stationary Lead-Acid (SLA) Battery Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 8.88%

Market growth 2022-2026

$ 4.46 billion

Market structure

Fragmented

YoY growth (%)

8.38

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 58%

Key consumer countries

US, China, India, Japan, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH, Amara Raja Batteries Ltd., C and D Technologies Inc., Clarios, Coslight International Group, Crown Micro, East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., GS Yuasa Corp., Hankook and Co. Ltd., Hitachi Ltd., Leoch International Technology Ltd., MIDAC SpA, Zhejiang Narada Power Source Co. Ltd., Panasonic Corp., Rolls Battery, SEBANG GLOBAL BATTERY Co. Ltd., Shandong Sacred Sun Power Sources Co. Ltd., and Tianneng Battery

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Stationary Lead-Acid (SLA) Battery Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive stationary lead-acid (SLA) battery market growth during the next five years
  • Precise estimation of the stationary lead-acid (SLA) battery market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the stationary lead-acid (SLA) battery industry across APAC, Europe, North America, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of stationary lead-acid (SLA) battery market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 26: Chart on Comparison by End-user
      • Exhibit 27: Data Table on Comparison by End-user
    • 5.3 Telecom - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Telecom - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Telecom - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Telecom - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Telecom - Year-over-year growth 2021-2026 (%)
    • 5.4 UPS - Market size and forecast 2021-2026
      • Exhibit 32: Chart on UPS - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on UPS - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on UPS - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on UPS - Year-over-year growth 2021-2026 (%)
    • 5.5 Others - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by End-user
      • Exhibit 40: Market opportunity by End-user ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 North America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 India - Market size and forecast 2021-2026
      • Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.11 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.12 Germany - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH
              • Exhibit 93: Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH - Overview
              • Exhibit 94: Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH - Product / Service
              • Exhibit 95: Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH - Key offerings
            • 10.4 Amara Raja Batteries Ltd.
              • Exhibit 96: Amara Raja Batteries Ltd. - Overview
              • Exhibit 97: Amara Raja Batteries Ltd. - Business segments
              • Exhibit 98: Amara Raja Batteries Ltd. - Key news
              • Exhibit 99: Amara Raja Batteries Ltd. - Key offerings
              • Exhibit 100: Amara Raja Batteries Ltd. - Segment focus
            • 10.5 C and D Technologies Inc.
              • Exhibit 101: C and D Technologies Inc. - Overview
              • Exhibit 102: C and D Technologies Inc. - Product / Service
              • Exhibit 103: C and D Technologies Inc. - Key offerings
            • 10.6 Clarios
              • Exhibit 104: Clarios - Overview
              • Exhibit 105: Clarios - Product / Service
              • Exhibit 106: Clarios - Key offerings
            • 10.7 Coslight International Group
              • Exhibit 107: Coslight International Group - Overview
              • Exhibit 108: Coslight International Group - Product / Service
              • Exhibit 109: Coslight International Group - Key offerings
            • 10.8 Crown Micro
              • Exhibit 110: Crown Micro - Overview
              • Exhibit 111: Crown Micro - Product / Service
              • Exhibit 112: Crown Micro - Key offerings
            • 10.9 East Penn Manufacturing Co. Inc.
              • Exhibit 113: East Penn Manufacturing Co. Inc. - Overview
              • Exhibit 114: East Penn Manufacturing Co. Inc. - Product / Service
              • Exhibit 115: East Penn Manufacturing Co. Inc. - Key news
              • Exhibit 116: East Penn Manufacturing Co. Inc. - Key offerings
            • 10.10 EnerSys
              • Exhibit 117: EnerSys - Overview
              • Exhibit 118: EnerSys - Business segments
              • Exhibit 119: EnerSys - Key news
              • Exhibit 120: EnerSys - Key offerings
              • Exhibit 121: EnerSys - Segment focus
            • 10.11 Exide Industries Ltd.
              • Exhibit 122: Exide Industries Ltd. - Overview
              • Exhibit 123: Exide Industries Ltd. - Business segments
              • Exhibit 124: Exide Industries Ltd. - Key offerings
              • Exhibit 125: Exide Industries Ltd. - Segment focus
            • 10.12 GS Yuasa Corp.
              • Exhibit 126: GS Yuasa Corp. - Overview
              • Exhibit 127: GS Yuasa Corp. - Business segments
              • Exhibit 128: GS Yuasa Corp. - Key news
              • Exhibit 129: GS Yuasa Corp. - Key offerings
              • Exhibit 130: GS Yuasa Corp. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 131: Inclusions checklist
                • Exhibit 132: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 133: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 134: Research methodology
                • Exhibit 135: Validation techniques employed for market sizing
                • Exhibit 136: Information sources
              • 11.5 List of abbreviations
                • Exhibit 137: List of abbreviations

              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.

              TechnavioINFORMATION 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
              Technavio

              TechnavioDATA 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
              Technavio

              TechnavioREPORT 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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              The stationary lead-acid (sla) battery market growth will increase by $4463.76 million during 2022-2026.
              The stationary lead-acid (sla) battery market is expected to grow at a CAGR of 8.88% during 2022-2026.
              Technavio has segmented the stationary lead-acid (sla) battery market by end-user (Telecom, UPS, and Others) and geographic (APAC, Europe, North America, Middle East and Africa, and South America).
              Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH, Amara Raja Batteries Ltd., C and D Technologies Inc., Clarios, Coslight International Group, Crown Micro, East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., GS Yuasa Corp., Hankook and Co. Ltd., Hitachi Ltd., Leoch International Technology Ltd., MIDAC SpA, Zhejiang Narada Power Source Co. Ltd., Panasonic Corp., Rolls Battery, SEBANG GLOBAL BATTERY Co. Ltd., Shandong Sacred Sun Power Sources Co. Ltd., Tianneng Battery are a few of the key vendors in the stationary lead-acid (sla) battery market.
              APAC will register the highest growth rate of 58.23% among the other regions. Therefore, the stationary lead-acid (sla) battery market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the stationary lead-acid (sla) battery market growth are:
              • Increased investment in green telecom
              • Development of advanced lead-acid battery
              The stationary lead-acid (sla) battery market vendors should focus on grabbing business opportunities from the telecom segment as it accounted for the largest market share in the base year.
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