India Lead Acid Battery Market (2018-2024) | Companies, Industry, Growth, Outlook, Revenue, Value, Size, Trends, Forecast, Analysis & Share

Market Forecast By Types (SLI (Starting Lighting Ignition), Stationary and Motive/Traction), By Construction Method (Flooded and VRLA), By Applications (Automotive, Telecommunications, UPS & Inverter, Electric Vehicles & Renewable Energy and Others), By Capacity (Up to 100 Ah, 100.1-200 Ah, 200.1-300 Ah and Above 300 Ah), By Regions (Northern, Western, Eastern and Southern) and Competitive Landscape

Product Code: ETC000516	Publication Date: Jan 2022	Product Type: Report
Publisher: 6Wresearch	No. of Pages: 120	No. of Figures: 57	No. of Tables: 10

India Lead Acid Battery Market has registered steady growth during the past few years owing to the advancement of technology. Surging awareness towards the utilization of renewable energy, rising demand for power backup as well as the growing automotive industry is driving the growth of the lead-acid battery market in India. Further, government initiatives such as the target to achieve 175 GW renewable energy by 2022 and FAME (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles) scheme subsidy provision for purchase and manufacturing of electric vehicles would further fuel the demand for lead-acid battery during the forecast period. In addition, the presence of a lucrative replacement market in the country is further complementing the India lead-acid battery market Growth

According to 6Wresearch, India lead-acid battery market size is projected to grow at a CAGR of over 9% during 2018-24. SLI battery segment bagged the highest revenue share in 2017, followed by the stationary battery segment. SLI battery is projected to lead the market during the forecast period owing to its high utilization in automobiles. Moreover, automobile sales registered an increase of around 14% in 2017; vehicle production in India registered a CAGR of nearly 6% during 2011-17, contributing towards the India Lead Acid Battery Market Share.

India Lead Acid Battery Market (2018-2024)

India lead-acid battery market is driven by the automotive and UPS & Inverter industry, government schemes for the electric vehicles coupled with rising installation of renewable energy projects in the country.

Further, motive/traction battery is anticipated to exhibit the second-highest growth rate over the coming years on the back of its usage across railways coupled with the growing adoption of electric vehicles in the country. In terms of construction methods, flooded battery captured the majority of the India lead Acid Battery Market share in 2017; however, the VRLA segment is likely to display a higher growth rate owing to its benefits over flooded ones, such as the advantage of immobilized electrolyte in VRLA battery which prevents electrolyte leakage and do not require maintenance.

The India lead-acid battery market report thoroughly covers India Lead Acid Battery Market by types, construction method, applications, and regions. The India lead-acid battery market outlook report provides an unbiased and detailed analysis of the India lead-acid battery market trends, opportunities/ high growth areas, and market drivers which would help the stakeholders to decide and align their market strategies accordingly to the current and future market dynamics.

The India Lead Acid Battery Market is expected to register potential revenue growth in the coming years on the back of low-cost energy storage needs coupled with increasing urbanization and industrialization. Also, based on applications, government and consumer-based pull are the major factors contributing to the increased demand for lead-acid batteries in India. Growing inclination towards the adoption of electric vehicles, efficient production costs, rising adoption of recycled acid batteries, and technical advancements are, further, some of the potential drivers of the India lead-acid battery market. Moreover, the residential application is expected to witness significant growth in the coming years owing to the rising adoption of inverters and UPS systems for domestic use in the country and would propel potential market growth for the lead-acid battery market in the country in the near future.

India lead-acid battery market is estimated to register sound revenues in the coming years on the back of the growth of the automotive sector. India holds a major position in commercial vehicles as a result of rising government initiatives in creating awareness among the vast population towards using electrical commercial vehicles. This is working as a positive factor for the growth of the lead-acid battery market in Indiadeployment to power passenger car electrical equipment and engines in the country to ensure disruptive mobility and is expected to proliferate the significant growth of the India lead-acid battery market in the coming timeframe. Further, evolution for domestic electrical two-wheeler vehicles is estimated to leave a positive impact on the product demand as timely maintenance and repair of batteries for the smooth mobility of the vehicle is necessary and is expected to spur the potential growth of India lead-acid battery market in the coming years.

India lead-acid battery market is estimated to register sound revenues in the upcoming six years on the back of rising potential growth of the telecommunication industry. Increased investment by telecom operators in broadening telecom towers in the country due to burgeoning internet subscribers day by day is expected to instigate lead-acid batteries to use in order to power telecom systems, as a result, prominent growth of the market is expected to be witnessed in the coming years. Further, the rise in the agriculture sector tends to elevate the adoption of lead-acid batteries in order to power pumps in case of a power failure is anticipated to increase the India lead-acid battery market Revenue during the forthcoming period.

India lead acid battery market is projected to gain traction in the upcoming six years on the back of the rising growth of the commercial sector. Further, the emerging growth of the corporate sector in the country is estimated to accumulate high sales owing to the rising shift of population from primary to tertiary sector to accomplish standard living concurrently increasing UPS system adoption in the corporate sector and is estimated to proliferate the demand for lead-acid battery and is estimated to bolster the impressive growth of the India lead-acid battery market in the upcoming six years.

Key Highlights of the Report:

• India Lead Acid Battery Market Overview
• India Lead Acid Battery Market Outlook
• India Lead Acid Battery Market Forecast
• Historical data of Global Lead Acid Battery Market Revenues for the Period, 2014-2017
• Market Size & Forecast data of Global Lead Acid Battery Market Revenues, until 2024
• Historical data of India Lead Acid Battery Market Revenues for the Period, 2014-2017
• India Lead Acid Battery Market Size & India Lead Acid Battery Market Forecast, until 2024
• Historical data of India Lead Acid Battery Market Revenues, By Types for the Period, 2014-2017
• Market Size & Forecast data of India Lead Acid Battery Market Revenues, By Types, until 2024
• Historical data of India Lead Acid Battery Market Revenues, By Construction Method for the Period, 2014-2017
• Market Size & Forecast data of India Lead Acid Battery Market Revenues, By Construction Method, until 2024
• Historical and Forecast data of India Lead Acid Battery Market Revenues, By Applications for the Period, 2014-2024
• Historical and Forecast data of India Lead Acid Battery Market Revenues, By Capacity for the Period, 2014-2024
Period, 2014-2024
• Market Drivers and Restraints
• India Lead Acid Battery Market Trends and Opportunities
• Industry Life Cycle and Value Chain Analysis
• Porter's Five Forces Analysis
• India Lead Acid Battery Market Share, By Players
• India Lead Acid Battery Market Overview on Competitive Landscape
• Company Profiles
• Recommendations

Markets Covered

The India lead-acid battery market report provides a detailed analysis of the following market segments:

• By Types:

o SLI (Starting Lighting Ignition)
o Stationary
o Motive/Traction

• By Construction Methods:

o Flooded
o VRLA

• By Applications:

o Automotive
    o Telecommunications
    o UPS & Inverter
    o Electric Vehicles & Renewable Energy
    o Others

• By Capacities:

o Up to 100 Ah
    o 100.1-200 Ah
    o 200.1-300 Ah
    o Above 300 Ah

• By Regions:

o Northern
    o Western
    o Eastern
    o Southern

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Table of Contents
1. Executive Summary
2. Introduction
    2.1 Key Highlights of the Report
    2.2 Report Description
    2.3 Market Scope & Segmentation
    2.4 Research Methodology
    2.5 Assumptions
3. Global Lead Acid Battery Market Overview
    3.1. Global Lead Acid Battery Market Revenues (2014-2024F)
    3.2. Global Lead Acid Market Revenue Share, By Regions (2017)
4. India Lead Acid Battery Market Overview
    4.1. India Lead Acid Battery Market Revenues & Volume (2014-2024F)
    4.2. India Lead Acid Battery Market Industry Life Cycle
    4.3. India Lead Acid Battery Market Opportunistic Matrix
    4.4. India Lead Acid Battery Market Value Chain Analysis
    4.5. India Lead Acid Battery Market Porter's Five Force Model
    4.6. India Lead Acid Battery Market Revenue Share, By Types (2017 & 2024F)
    4.7. India Lead Acid Battery Market Revenue Share, By Construction Method (2017 & 2024F)
    4.8. India Lead Acid Battery Market Revenue Share, By Applications (2017 & 2024F)
    4.9. India Lead Acid Battery Market Revenue Share, By Capacity (2017 & 2024F)
    4.10. India Lead Acid Battery Market Revenue Share, By Regions (2017 & 2024F)
5. India Lead Acid Battery Market Dynamics
    5.1. Impact Analysis
    5.2. Market Drivers
    5.3. Market Restraints
6. India Lead Acid Battery Market Trends
7. India Lead Acid Battery Market Overview, By Types
    7.1. India Lead Acid Battery Market Revenues, By SLI Battery (2014-2024F)
    7.2. India Lead Acid Battery Market Revenues, By Stationary Battery (2014-2024F)
    7.3. India Lead Acid Battery Market Revenues, By Motive/Traction Battery (2014-2024F)
8. India Lead Acid Battery Market Overview, By Construction Method
    8.1. India Lead Acid Battery Market Revenues, By Flooded Battery (2014-2024F)
    8.2. India Lead Acid Battery Market Revenues, By VRLA Battery (2014-2024F)
9. India Lead Acid Battery Market Overview, By Applications
    9.1. India Lead Acid Battery Market Revenues, By Automotive (2014-2024F)
    9.2. India Lead Acid Battery Market Revenues, By Telecommunication (2014-2024F)
    9.3. India Lead Acid Battery Market Revenues, By UPS & Inverter (2014-2024F)
    9.4. India Lead Acid Battery Market Revenues, By Electric Vehicles & Renewable Energy (2014-2024F)
    9.5. India Lead Acid Battery Market Revenues, By Other Applications (2014-2024F)
10. India Lead Acid Battery Market Overview, By Capacity
     10.1. India Lead Acid Battery Market Revenues & Volume, By Up to 100 Ah (2014-2024F)
     10.2. India Lead Acid Battery Market Revenues & Volume, By 100.1-200 Ah (2014-2024F)
     10.3. India Lead Acid Battery Market Revenues & Volume, By 200.1-300 Ah (2014-2024F)
     10.4. India Lead Acid Battery Market Revenues & Volume, By Above 300 Ah (2014-2024F)
11. India Lead Acid Battery Market Overview, By Regions
     11.1. India Northern Region Lead Acid Battery Market Revenues (2014-2024F)
     11.2. India Eastern Region Lead Acid Battery Market Revenues (2014-2024F)
     11.3. India Western Region Lead Acid Battery Market Revenues (2014-2024F)
     11.4. India Southern Region Lead Acid Battery Market Revenues (2014-2024F)
12. India Lead Acid Battery Market Key Performance Indicators
     12.1. Government Spending Outlook in India
     12.2. Electric Vehicles Market in India
     12.3. India Power Demand & Supply Outlook
13. India Lead Acid Battery Market Opportunity Assessment
     13.1. India Lead Acid Battery Market Opportunity Assessment, By Types (2024)
     13.2. India Lead Acid Battery Market Opportunity Assessment, By Applications (2024)
14. India Lead Acid Battery Market - Competitive Landscape
     14.1. India Lead Acid Battery Market Players Revenue Share (2017)
     14.2. Competitive Benchmarking, By Operating Parameters
     14.3. Competitive Benchmarking, By Types and Construction Method
15. Company Profiles
     15.1. Exide Industries Ltd.
     15.2. Amara Raja Batteries Ltd.
     15.3. Luminous Power Technologies Pvt. Ltd.
     15.4. HBL Power Systems Ltd.
     15.5. Okaya Power Pvt. Ltd.
     15.6. Su-Kam Power System Ltd.
     15.7. Southern Batteries Pvt. Ltd.
     15.8. Base Corporation Ltd.
     15.9. AMCO Saft India Pvt. Ltd.
     15.10. TATA Autocomp GY Batteries Pvt. Ltd.
16. Strategic Recommendations
17. Disclaimer

List of Figures
Figure 1. Global Lead Acid Battery Market Revenues, 2014-2024F ($ Billion)
Figure 2. Global Sale of New Vehicles (All Types), 2014-2017 (Thousand Units)
Figure 3. Global Rechargeable Battery Market Share. By types (2017)
Figure 4. Global Lead Acid Battery Market Revenue Share, By Regions (2017)
Figure 5. India Lead Acid Battery Market Revenues, 2014-2024F ($ Billion)
Figure 6. India Lead Acid Battery Market Volume, 2014-2024F (in Million Units)
Figure 7. India Lead Acid Battery Market Revenue Share, By Organized & Unorganized Segment (2017)
Figure 8. Price Trend of Lead 2013-2017 (in $ per Lb)
Figure 9. India Lead Acid Battery Market Revenue Share, By Types (2017)
Figure 10. India Lead Acid Battery Market Revenue Share, By Types (2024F)
Figure 11. India Lead Acid Battery Market Revenue Share, By Construction Method (2017)
Figure 12. India Lead Acid Battery Market Revenue Share, By Construction Method (2024F)
Figure 13. India Lead Acid Battery Market Revenue Share, By Applications (2017)
Figure 14. India Lead Acid Battery Market Revenue Share, By Applications (2024F)
Figure 15. India Lead Acid Battery Market Revenue Share, By Capacity (2017)
Figure 16. India Lead Acid Battery Market Revenue Share, By Capacity (2024F)
Figure 17. India Lead Acid Battery Market Revenue Share, By Regions (2017)
Figure 18. India UPS Market Revenues 2012-22, ($ Billion)
Figure 19. India Inverter Market Revenues 2012-22, ($ Billion)
Figure 20. Technology Wise Contribution Towards Renewable Energy Targets, India (2022)
Figure 21. Number of Automobiles Produced in India, 2011-17 (in Million)
Figure 22. India Lithium-ion Battery Market Revenues, 2014-2024F ($ Million)
Figure 23. Price Trend of Lead During Jan-June 2018 (in $ per Lb)
Figure 24. India Lead Acid Battery Market Revenues, By SLI Battery, 2014-2024F ($ Billion)
Figure 25. India Lead Acid Battery Market Revenues, By Stationary Battery, 2014-2024F ($ Billion)
Figure 26. India Lead Acid Battery Market Revenues, By Motive Battery, 2014-2024F ($ Billion)
Figure 27. India Lead Acid Battery Market Revenues, By Flooded Battery, 2014-2024F ($ Billion)
Figure 28. India Lead Acid Battery Market Revenues, By VRLA Battery, 2014-2024F ($ Billion)
Figure 29. India Lead Acid Battery Market Revenues, By Automotive, 2014-2024F ($ Billion)
Figure 30. Gross Turnover of Automobile Manufacturers in India, 2011-2016 ($ Million)
Figure 31. India Lead Acid Battery Market Revenues, By Telecommunications, 2014-2024F ($ Billion)
Figure 32. India Internet Penetration, in % (2012-2017)
Figure 33. Total Wireless Subscribers in India (in Million)
Figure 34. India Lead Acid Battery Market Revenues, By UPS & Inverters, 2014-2024F ($ Billion)
Figure 35. India Lead Acid Battery Market Revenues, By Electric Vehicles & Renewable Energy, 2014-2024F ($ Billion)
Figure 36. India Lead Acid Battery Market Revenues, By Other Applications, 2014-2024F ($ Billion)
Figure 37. India Lead Acid Battery Market Revenues, By Up to 100 Ah, 2014-2024F ($ Billion)
Figure 38. India Lead Acid Battery Market Volume, By Up to 100 Ah, 2014-2024F (Million Units)
Figure 39. India Lead Acid Battery Market Revenues, By 100.1-200 Ah, 2014-2024F ($ Billion)
Figure 40. India Lead Acid Battery Market Volume, By 100.1-200 Ah, 2014-2024F (Million Units)
Figure 41. India Lead Acid Battery Market Revenues, By 200.1-300 Ah, 2014-2024F ($ Billion)
Figure 42. India Lead Acid Battery Market Volume, By 200.1-300 Ah, 2014-2024F (Million Units)
Figure 43. India Lead Acid Battery Market Revenues, By Above 300 Ah, 2014-2024F ($ Billion)
Figure 44. India Lead Acid Battery Market Volume, By Above 300 Ah, 2014-2024F (Million Units)
Figure 45. Region-wise Break-up of Solar Energy Target in India (2022)
Figure 46. India Lead Acid Battery Market Revenues, By Northern Region, 2014-2024F ($ Billion)
Figure 47. India Lead Acid Battery Market Revenues, By Eastern Region, 2014-2024F ($ Billion)
Figure 48. Region-wise Peak Power Supply Deficit in India, April 2017-Jan 2018 (%)
Figure 49. India Lead Acid Battery Market Revenues, By Western Region, 2014-2024F ($ Billion)
Figure 50. India Lead Acid Battery Market Revenues, By Southern Region, 2014-2024F ($ Billion)
Figure 51. Government Spending in India, Q1 2016-Q1 2018 ($ Billion)
Figure 52. Inflation rate in India (2012-2022)
Figure 53. India Electric Vehicle Market Volume, 2014-2024F (Thousands Units)
Figure 54. India Lead Acid Market Opportunity Matrix, By Types (2024F)
Figure 55. India Lead Acid Market Opportunity Matrix, By Applications (2024F)
Figure 56. India Lead Acid Battery Market Revenue Share, By Players (2017)
Figure 57. All India Annual per Capita Consumption of Electricity, 2009-2015 (kWh)

List of Tables
Table 1. Global Mine Production and Reserves of Lead (Thousand Tonnes)
Table 2. Automobile Domestic Sales Trend in India, 2012-2017 (in Million)
Table 3. Automobile Production Trend in India 2012-17 (in Million)
Table 4. Automobile Export Trend in India, 2013-2017 (Thousand Units)
Table 5. Solar Power Projects by Airport Authority of India (FY 2016-17)
Table 6. The key States based on Utility-scale Solar Installations (2017)
Table 7. Region-wise Peak Power Supply in India, April 2017-Jan 2018 (MW)
Table 8. Estimates of Gross Value Added at Basic Price During 2016-2017 ($ Billion)
Table 9. Power Capacity Addition Targets / Achievements During April 2017-Jan 2018 (MW)
Table 10. India Lead Acid Battery Market Revenues, By Players (2017)