Market Forecast by Countries (United States, Canada), By Type (Stationary, Motive), By Construction Method (Flooded, VRLA (Valve Regulated Lead Acid battery)), By End-User (Utility, Transportation, Industrial, Commercial & Residential) And Competitive Landscape
Product Code: ETC4622431 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | North America Advanced Lead Acid Battery Market |
Forecast period | 2025-2031 |
Forecast Size | USD 790 million by 2031 |
CAGR | 6.6% |
Growing Sector | Utility |
North America Advanced Lead Acid Battery Market report thoroughly covers the market By Countries, By Type, By Construction Method, and By End-User. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The North America Advanced Lead Acid Battery Market is expected to witness significant growth from 2025 to 2031, driven by increasing demand from sectors such as renewable energy storage, automotive, and industrial applications. The market size is projected to grow from approximately USD 550 million in 2025 to around USD 790 million by 2031, registering a CAGR of around 6.6% during the forecast period. This growth is supported by the region's expanding renewable energy initiatives and the increasing adoption of energy storage solutions in off-grid and backup power systems across both commercial and residential sectors.
North America Advanced Lead Acid Battery Market is witnessing growth, driven by the escalating demand for renewable energy storage solutions and the increasing adoption of electric vehicles across the continent. Enhanced technological advancements in lead-acid batteries, including improvements in energy density and battery life span, are making these batteries more appealing to a broader range of applications. From solar energy storage installations in rural communities to powering the expanding fleet of electric buses in urban centers, advanced lead-acid batteries are playing a crucial role in region’s sustainable energy transition.
According to 6Wresearch, the North America Advanced Lead Acid Battery Market size is projected to reach a CAGR of 6.6% during the forecast period of 2025-2031. The market is poised for significant growth, driven by various factors such as the increasing adoption of renewable energy sources, the expansion of the automotive sector, and the growing demand for uninterrupted power supply in both residential and industrial sectors. Moreover, major trends shaping this market include advancements in battery technology that enhance efficiency and lifespan, as well as a shift towards more eco-friendly and sustainable energy storage solutions.
However, the market faces challenges, including the competition from alternative battery technologies like lithium-ion, which offer higher energy density and longer lifecycles. Despite these restraints, emerging opportunities such as the electrification of transportation and the need for grid stabilization in renewable energy systems present promising prospects for the expansion of the North America Advanced Lead Acid Battery Industry.
One of the key drivers of the lead acid battery market in North America is the increasing demand for renewable energy sources. As countries shift towards cleaner and more sustainable energy solutions, there has been a rising need for backup power storage systems. Lead-acid batteries offer an efficient and cost-effective solution for this purpose.
Another factor contributing to the growth of the market is the expansion of industries such as telecommunications, data centers, and healthcare. These sectors require reliable power supply 24/7 and lead acid batteries provide a dependable backup option in case of emergencies or power outages.
Furthermore, the rising adoption of electric vehicles in North America is also driving the demand for lead acid batteries. As the automotive industry moves towards greener solutions, lead acid batteries remain a popular choice due to their low cost and high performance.
There are several investment opportunities in the North America lead acid battery market. The increasing demand for electric vehicles presents a significant opportunity for battery manufacturers. As countries like the United States and Canada push towards eco-friendly transportation options, there is a growing need for batteries that can power these vehicles.
Additionally, with the rise of renewable energy sources, there is a growing market for off-grid and backup power solutions. Lead acid batteries have proven to be a reliable option in this area and investing in research and development to improve their performance and efficiency could lead to lucrative opportunities.
In the North America Advanced Lead Acid Battery Market, governmental interventions have been pivotal in steering the industry towards sustainable growth and environmental stewardship. Various countries across the continent have introduced policies and schemes aimed at promoting the adoption of advanced lead acid batteries. These include tax incentives for manufacturers and consumers, grants for research and development in battery technology, and regulations mandating the recycling and proper disposal of lead acid batteries. Additionally, some nations have embarked on public-private partnerships to bolster the production capacity and technological advancement of lead acid batteries, aiming to maximize their efficiency and lifecycle while minimizing environmental impact.
The North America Advanced Lead Acid Battery Market is witnessing rapid growth, driven by key players who are pioneering innovation and expanding their footprint across the continent. Companies such as Johnson Controls Inc., Exide Technologies, EnerSys, and GS Yuasa Corporation are at the forefront, leveraging advanced technologies to enhance battery performance and durability.
The North America Advanced Lead Acid Battery Market points towards an optimistic growth trajectory, underpinned by the rising demand for renewable energy solutions and the expanding automotive sector in the region. The integration of advanced lead acid batteries in solar energy storage systems and electric vehicles is expected to drive North America Advanced Lead Acid Battery Market Growth. Furthermore, ongoing research and development efforts aimed at increasing the efficiency and lifespan of these batteries are likely to open new avenues for application, ensuring sustained growth in the market.
The report offers a comprehensive study of the subsequent market segments and their leading categories
The US is currently the largest market for these batteries, owing to its well-established automotive industry and growing demand for renewable energy solutions. Additionally, the presence of key players such as Johnson Controls International plc and East Penn Manufacturing Co., Inc. in the US also contributes to its dominance in the market.
In the North America advanced lead-acid battery market, the stationary type dominates the region. This is due to its widespread use in applications such as backup power systems for data centers, telecom towers, and renewable energy storage. The increasing need for reliable and efficient power solutions in these industries has led to a high demand for stationary advanced lead-acid batteries.
The Valve Regulated Lead Acid Battery is projected to dominate the North America Lead Acid Battery Market Share over the years with an estimated CAGR of around 6% over the next five years due to increasing demand for dependable power sources in both residential and commercial sectors. Portable rechargeable batteries are also experiencing a surge, driven by the rising use of mobile devices and the expansion of telecommunications networks.
According to Ravi Bhandari, Research Head, 6Wresearch, The utility segment dominates the North America advanced lead-acid battery market. This is due to the increasing adoption of renewable energy sources and the need for efficient storage solutions to manage fluctuations in power supply. The expanding telecommunications industry also contributes to the growth of this segment, as backup power systems are essential for uninterrupted communication services.
The report offers a comprehensive study of the subsequent market segments:
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 North America Advanced Lead Acid Battery Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Advanced Lead Acid Battery Market Revenues & Volume, 2021 & 2031F |
3.3 North America Advanced Lead Acid Battery Market - Industry Life Cycle |
3.4 North America Advanced Lead Acid Battery Market - Porter's Five Forces |
3.5 North America Advanced Lead Acid Battery Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Advanced Lead Acid Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 North America Advanced Lead Acid Battery Market Revenues & Volume Share, By Construction Method, 2021 & 2031F |
3.8 North America Advanced Lead Acid Battery Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 North America Advanced Lead Acid Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Advanced Lead Acid Battery Market Trends |
6 North America Advanced Lead Acid Battery Market, 2021 - 2031 |
6.1 North America Advanced Lead Acid Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2 North America Advanced Lead Acid Battery Market, Revenues & Volume, By Construction Method, 2021 - 2031 |
6.3 North America Advanced Lead Acid Battery Market, Revenues & Volume, By End-User, 2021 - 2031 |
7 United States Advanced Lead Acid Battery Market, 2021 - 2031 |
7.1 United States Advanced Lead Acid Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
7.2 United States Advanced Lead Acid Battery Market, Revenues & Volume, By Construction Method, 2021 - 2031 |
7.3 United States Advanced Lead Acid Battery Market, Revenues & Volume, By End-User, 2021 - 2031 |
8 Canada Advanced Lead Acid Battery Market, 2021 - 2031 |
8.1 Canada Advanced Lead Acid Battery Market, Revenues & Volume, By Type, 2021 - 2031 |
8.2 Canada Advanced Lead Acid Battery Market, Revenues & Volume, By Construction Method, 2021 - 2031 |
8.3 Canada Advanced Lead Acid Battery Market, Revenues & Volume, By End-User, 2021 - 2031 |
9 North America Advanced Lead Acid Battery Market Key Performance Indicators |
10 North America Advanced Lead Acid Battery Market - Opportunity Assessment |
10.1 North America Advanced Lead Acid Battery Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Advanced Lead Acid Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
10.3 North America Advanced Lead Acid Battery Market Opportunity Assessment, By Construction Method, 2021 & 2031F |
10.4 North America Advanced Lead Acid Battery Market Opportunity Assessment, By End-User, 2021 & 2031F |
11 North America Advanced Lead Acid Battery Market - Competitive Landscape |
11.1 North America Advanced Lead Acid Battery Market Revenue Share, By Companies, 2024 |
11.2 North America Advanced Lead Acid Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |