Category: Reports

India Lead Acid Battery Market Landscape Report (Stationary and Motive Applications) 2016 - 2022

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IESA also released another report on the Indian lead acid battery market, entitled India Lead Acid Battery Market Landscape Report (Stationary and Motive Applications). Total current market size for lead acid batteries is around INR 27,000 Crore (USD $4.2 billion) out of which stationary and motive applications in India takes the share of INR 12,650 Crore. The stationary and motive application segments are likely to grow by 14% CAGR until 2020 and the forecasted market will be INR 25,000 Crore (USD $4 billion). In the current market scenario, inverter and UPS applications take the major share of 60% of the stationary and motive battery market. Key applications which will boost the market are batteries for Solar integration (CAGR > 50%) and electric & hybrid vehicles (CAGR >40%). Email at contact@indiaesa.info for Table of content and Executive summary

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