Market Overview:
India lead acid battery market size reached US$ 4.17 Billion in 2024. Looking forward, IMARC Group expects the market to reach US$ 6.52 Billion by 2033, exhibiting a growth rate (CAGR) of 4.70% during 2025-2033. The increasing prevalence of telecommunication networks, which often rely on lead-acid batteries to provide backup power during outages, is driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024
|
US$ 4.17 Billion |
Market Forecast in 2033
|
US$ 6.52 Billion |
Market Growth Rate 2025-2033 |
4.70% |
A lead-acid battery is a type of rechargeable battery that utilizes lead dioxide as the positive electrode, sponge lead as the negative electrode and sulfuric acid as the electrolyte. It operates on the principle of reversible electrochemical reactions between lead and lead dioxide. During discharge, the electrodes undergo chemical reactions, producing electrical energy. During charging, these reactions are reversed. Lead-acid batteries are widely used in various applications, including automotive, uninterruptible power supplies (UPS), and stationary power backup systems. They are known for their reliability, low cost, and ability to deliver high surge currents. However, they have some drawbacks, such as being relatively heavy and having a limited energy density compared to other battery technologies. Despite advancements in alternative battery technologies, lead-acid batteries continue to play a significant role in many applications, particularly where cost considerations and robustness are crucial factors.
India Lead Acid Battery Market Trends:
The lead-acid battery market in India is witnessing significant growth, primarily driven by the rising demand for automotive batteries. Increasing regional vehicle production and the expanding electric vehicle market are pivotal factors propelling the lead-acid battery industry forward. Furthermore, the escalating adoption of renewable energy sources, such as solar and wind power, contributes to the growing demand for energy storage solutions, wherein lead-acid batteries play a crucial role. Moreover, the robust presence of the telecommunications industry is a key driver, as lead-acid batteries are extensively utilized in backup power systems for reliable and uninterrupted communication services. Additionally, the industrial sector's reliance on these batteries for various applications, including UPS systems, emergency lighting, and material handling equipment, further stimulates market growth. Furthermore, the affordability and well-established recycling infrastructure associated with lead-acid batteries enhance their market appeal. The recyclability of lead-acid batteries aligns with the increasing emphasis on sustainability, driving environmentally conscious practices across industries. As a result, the lead-acid battery market continues to thrive, propelled by a confluence of factors that cater to diverse sectors and their evolving energy storage needs.
India Lead Acid Battery Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product, construction method, sales channel, and application.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the device product. This includes SLI, stationary, and motive.
Construction Method Insights:
- Flooded
- Valve Regulated Sealed Lead-acid Battery (VRLA)
A detailed breakup and analysis of the market based on the construction method have also been provided in the report. This includes flooded and valve regulated sealed lead-acid battery (VRLA).
Sales Channel Insights:
The report has provided a detailed breakup and analysis of the market based on the sales channel. This includes OEM and aftermarket.
Application Insights:
- Automotive
- UPS
- Telecom
- Others
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes automotive, UPS, telecom, and others.
Regional Insights:
- North India
- West and Central India
- South India
- East and Northeast India
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
India Lead Acid Battery Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2024 |
Historical Period |
2019-2024 |
Forecast Period |
2025-2033 |
Units |
US$ Billion |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
- Product
- Construction Method
- Sales Channel
- Application
- Region
|
Products Covered |
SLI, Stationary, Motive |
Construction Methods Covered |
Flooded, Valve Regulated Sealed Lead-Acid Battery (VRLA) |
Sales Channels Covered |
OEM, Aftermarket |
Applications Covered |
Automotive, UPS, Telecom, Others |
Regions Covered |
North India, West and Central India, South India, East and Northeast India |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the India lead acid battery market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India lead acid battery market?
- What is the breakup of the India lead acid battery market on the basis of device product?
- What is the breakup of the India lead acid battery market on the basis of construction method?
- What is the breakup of the India lead acid battery market on the basis of sales channel?
- What is the breakup of the India lead acid battery market on the basis of application?
- What are the various stages in the value chain of the India lead acid battery market?
- What are the key driving factors and challenges in the India lead acid battery?
- What is the structure of the India lead acid battery market and who are the key players?
- What is the degree of competition in the India lead acid battery market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India lead acid battery market from 2019-2033.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the India lead acid battery market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India lead acid battery industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.