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U.S. Motive Lead Acid Battery Market Size, Share & Trends Analysis Report By Construction (Flooded, Valve Regulated Lead Acid (VRLA), By Application (Automotive, Telecom, UPS, Golf carts, Mining), By Purity, And Segment Forecasts, 2023 - 2030

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    Report

  • 120 Pages
  • September 2023
  • Region: United States
  • Grand View Research
  • ID: 5893252
Description Jump to:
The U.S. motive lead acid battery market is expected to reach USD 1.57 billion by 2030. The market is expected to expand at a CAGR of 3.3% from 2023 to 2030. The demand for lead-acid batteries in the country is majorly driven by their wide application in the automotive industry as a battery backup system for electric vehicles. As electric vehicles are gaining popularity in the U.S. market as a sustainable mode of transportation, the demand for motive lead-acid batteries is anticipated to grow considerably over the forecast period.

Moreover, industrial sector, including chemical, shipping, metal, and mining, is expected to hold a major share of lead-acid battery applications, owing to rapid industrialization. A large manufacturing base of chemical companies and the presence of multinationals, including Bayer AG, BASF SE, Dow, and Akzo Nobel N.V., adopting lead acid batteries as a UPS system are expected to increase industry penetration over the forecast period.

The benefits of lithium-ion batteries are a cost-effective and high energy density & better cycle life compared with lead acid batteries. The aforementioned factors make lithium-ion batteries a growing alternative to lead acid batteries, which is anticipated to hinder market growth in the coming years.  

The rising demand for ESS is expected to fuel product demand over the forecast period. ESS utilizes batteries considering its advantages such as recyclability, high power delivery, and cost-effectiveness. Lead acid batteries are the most-used battery types for ESS due to applications such as battery systems, emergency power supply systems, and stand-alone systems with PV for mitigating output fluctuations from solar and wind power. Furthermore, lead acid batteries are lower in cost compared to alternatives and are expected to witness industry growth in the coming years.

U.S. Motive Lead Acid Battery Market Report Highlights

  • The market was worth USD 1.19 Billion in 2022 and is projected to grow at a CAGR of 3.3% during the forecast period.
  • According to the World Wind Energy Association, the U.S. is the world’s second-largest producer of energy and wind and is anticipated to witness substantial growth in the production of energy and wind over the forecast period. In the U.S., the evolution of the energy system is driven by technology innovation, market competition, and state/local policies expressing citizen preference rather than central government planning. This is anticipated to augment the market growth.
  • The Material handling segment accounted for 25.96% share in 2022 in the market owing to the increasing investment in these equipment and machinery.
  • Valve Regulated Lead Acid Battery in construction segment is projected to grow at a substantial rate throughout the forecast period.
  • 99.9% Purity (Pure Lead acid) in purity segment accounted for largest share 82.10% share in 2022.

Table of Contents

Chapter 1 Methodology & Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Internal Database
1.3.3 Secondary Sources
1.3.4 Third Party Perspective
1.3.5 Primary Research
1.4 Information Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation and Data Visualization
1.6 Data Validation and Publishing
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Segment Snapshot
2.3 Segment Snapshot
2.4 Competitive Landscape Snapshot
Chapter 3 U.S. Motive Lead Acid Battery: Market Variables, Trends, & Scope
3.1 Market Lineage Outlook
3.2 Industry Value Chain Analysis
3.3 Technology Overview
3.3.1 Manufacturing process
3.3.2 Recycling process
3.4 Regulatory Framework
3.4.1 U.S.
3.4.1.1 Policies and Regulations
3.4.1.2 Incentives and Tax Rebate Schemes
3.4.2 TEXAS
3.4.2.1 Policies and Regulations
3.4.2.2 Incentive and Tax Rebate Schemes
3.4.3 Standards & Compliances
3.4.4 Safety
3.5 Market Dynamics
3.5.1 Market Driver Impact Analysis
3.5.1.1 Growing demand for UPS systems in various industries
3.5.1.2 Increased demand in the motive industry
3.5.1.3 Expanding automotive industry
3.5.2 Market Restraint Impact Analysis
3.5.2.1 Alternative Forms Of Energy Storage
3.5.2.2 Fluctuating raw material prices
3.5.3 Industry Challenges
3.5.3.1 Environmental Impact Due To High Lead Content
3.5.4 Industry opportunities
3.5.4.1 Increasing Demand For Energy Storage Systems
3.6 Business Environment Analysis: U.S. Motive Lead Acid Battery Market
3.6.1 Industry Analysis - Porter’s
3.6.2 PESTEL analysis
3.7 Impact of Covid-19 on the U.S. Motive Lead Acid Battery Market
3.8 4P’s Marketing Model of the U.S. Motive Lead Acid Battery Market
3.9 Overview of the U.S. Stationary Lead Acid Battery Market
3.9.1 Market size estimates and forecasts, 2018 - 2030 (USD Million)
3.10 Range of average selling price (2022) of lead-acid battery at different levels like manufacturer, distributors, and consumer
3.11 Comparative analysis of lead acid batteries, lithium-ion batteries, nickel-cadmium batteries, and nickel metal hydride
Chapter 4 U.S. Motive Lead Acid Battery Market: Construction Estimates & Trend Analysis
4.1 Construction Movement Analysis & Market Share, 2022 & 2030
4.2 U.S. Motive Lead Acid Battery Market Estimates & Forecast, By Construction (USD Million)
4.2.1 Flooded
4.2.2 Valve Regulated Lead Acid (VRLA)
Chapter 5 U.S. Motive Lead Acid Battery Market: Application Estimates & Trend Analysis
5.1 Application Movement Analysis & Market Share, 2022 & 2030
5.2 U.S. Motive Lead Acid Battery Market Estimates & Forecast, By Application (USD Million)
5.2.1 Automotive
5.2.2 Telecom
5.2.3 UPS
5.2.4 Electric Vehicles
5.2.5 Golf Carts
5.2.6 Mining
5.2.7 Material Handling
5.2.7.1 Forklift
5.2.7.1.1 End-Controlled Rider Pallet Jack
5.2.7.1.2 Narrow Aisle Forklifts
5.2.7.1.3 Counterbalanced Forklifts
5.2.7.1.4 Large Counterbalanced Forklifts
5.2.7.1.5 Others
5.2.7.2 Others
Chapter 6 U.S. Motive Lead Acid Battery Market: Material Handling Application Estimates & Trend Analysis
6.1 Material Handling Application Movement Analysis & Market Share, 2022 & 2030
6.1.1 Flooded
6.1.2 VRLA (Valve Regulated Lead Acid)
Chapter 7 U.S. Motive Lead Acid Battery Market: Purity Estimates & Trend Analysis
7.1 Purity Movement Analysis & Market Share, 2022 & 2030
7.2 U.S. Motive Lead Acid Battery Market Estimates & Forecast, By Purity (USD Million)
7.2.1 99.9% Purity (Pure Lead acid)
7.2.2 Less than 99.9% Purity
Chapter 8 Texas Motive Lead Acid Battery Market: Construction Estimates & Trend Analysis
8.1 Construction Movement Analysis & Market Share, 2022 & 2030
8.2 Texas Motive Lead Acid Battery Market Estimates & Forecast, By Construction (USD Million)
8.2.1 Flooded
8.2.2 Valve Regulated Lead Acid (VRLA)
Chapter 9 Texas Motive Lead Acid Battery Market: Application Estimates & Trend Analysis
9.1 Application Movement Analysis & Market Share, 2022 & 2030
9.2 Texas Motive Lead Acid Battery Market Estimates & Forecast, By Application (USD Million)
9.2.1 Automotive
9.2.2 Telecom
9.2.3 UPS
9.2.4 Electric vehicles
9.2.5 Golf Carts
9.2.6 Mining
9.2.7 Material Handling
9.2.7.1 Forklift
9.2.7.1.1 End-Controlled rider pallet jack
9.2.7.1.2 Narrow Aisle Forklifts
9.2.7.1.3 Counterbalanced forklifts
9.2.7.1.4 Large Counterbalanced forklifts
9.2.7.1.5 Others
9.2.7.2 Others
Chapter 10 Texas Motive Lead Acid Battery Market: Material Handling Application Estimates & Trend Analysis
10.1 Material Handling Application Movement Analysis & Market Share, 2022 & 2030
10.1.1 Flooded
10.1.2 VRLA (Valve Regulated Lead Acid)
Chapter 11 Texas Motive Lead Acid Battery Market: Purity Estimates & Trend Analysis
11.1 Purity Movement Analysis & Market Share, 2022 & 2030
11.2 Texas Motive Lead Acid Battery Market Estimates & Forecast, By Purity (USD Million)
11.2.1 99.9% Purity (Pure Lead acid)
11.2.2 Less than 99.9% Purity
Chapter 12 U.S. Motive Lead Acid Battery Market: Competitive Landscape
12.1 Recent Developments & Their Impact Analysis, by Key Market Participants
12.2 List of Companies Operating in the U.S. Lead Acid Battery Business Having Ticker Symbol
12.3 Suppliers’ Portfolio
12.3.1 List of key suppliers in the U.S. market
12.3.2 List of key suppliers in the Texas market
12.4 Market value of national manufacturing of lead acid battery, 2018 - 2022 (USD Million)
12.4.1 Market value of national manufacturing of lead acid battery, 2018 - 2022 (USD Million)
12.5 Import market value of U.S. lead-acid battery, 2018 - 2022 (USD Million)
12.6 Participant’s Overview
12.7 Financial Performance
12.8 Product Benchmarking
12.1 Company Categorization
12.2 Company Market Positioning
12.3 Company Market Share Analysis, 2022
12.4 Company Heat Map Analysis
12.5 Strategy Mapping
12.5.1 Expansion
12.5.2 Mergers & Acquisition
12.5.3 Collaborations
12.5.4 New product launches
12.5.5 Research & Development
12.6 Company Profiles
12.6.1 C&D Technologies Inc.
12.6.2 Crown Battery
12.6.3 East Penn Manufacturing
12.6.4 EnerSys
12.6.5 Exide Technologies
12.6.6 Hitachi Chemical Co., Ltd.
12.6.7 Johnson Controls
12.6.8 Panasonic Corporation of North America
12.6.9 Trojan Battery Company
12.6.10 U.S. Battery Mfg.
12.6.11 GS Yuasa Energy Solutions, Inc.
12.6.12 Leoch International Technology Limited Inc.
12.6.13 Hitachi Chemical Co. Ltd.
12.6.14 Discover Battery
12.6.15 Triathlon Battery Solutions, Inc.
12.6.16 Clarios
12.6.17 HOPPECKE Batteries Inc.
List of Tables
Table 1 Standards and compliances for lead acid batteries in the U.S.
Table 2 Market value of national manufacturing of lead acid battery, 2018-2022, (USD Million)
Table 3 Lead-acid battery average selling price range
Table 4 U.S. Motive Lead Acid Battery Market Estimates and Forecast, By Construction, 2018 - 2030 (USD Million)
Table 5 U.S. Motive Lead Acid Battery Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
Table 6 U.S. Motive lead acid battery market estimates and forecasts, in flooded, 2018 - 2030 (USD Million)
Table 7 U.S. Motive lead acid battery market estimates and forecasts, in VRLA, 2018 - 2030 (USD Million)
Table 8 U.S. Motive Lead Acid Battery Market Estimates and Forecast, By Purity, 2018 - 2030 (USD Million)
Table 9 Texas Motive Lead Acid Battery Market Estimates and Forecast, By Construction, 2018 - 2030 (USD Million)
Table 10 Texas Motive Lead Acid Battery Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
Table 11 Texas Motive lead acid battery market estimates and forecasts, in flooded, 2018 - 2030 (USD Million)
Table 12 Texas Motive lead acid battery market estimates and forecasts, in VRLA, 2018 - 2030 (USD Million)
Table 13 Texas Motive Lead Acid Battery Market Estimates and Forecast, By Purity, 2018 - 2030 (USD Million)
Table 14 Recent Developments & Their Impact Analysis, by Key Market Participants
Table 15 Market Value of National Manufacturing Of Lead Acid Battery, 2018-2022, (USD Million)
Table 16 Import Market Value of U.S. Lead-Acid Battery, 2018-2022, (USD Million)
Table 17 Company Market Share, 2022
Table 18 Company Heat Map Analysis
Table 19 Key Companies Undergoing Expansions
Table 20 Key Companies involved in M&As
Table 21 Key Companies Undergoing Collaborations
Table 22 Key Companies launching new products
Table 23 Key Companies undertaking R&D activities
List of Figures
Fig. 1 U.S. Motive Lead Acid Battery Market Segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research process
Fig. 5 Primary research approaches
Fig. 6 Market Snapshot
Fig. 7 Segment Snapshot
Fig. 8 Segment Snapshot
Fig. 9 Competitive Landscape Snapshot
Fig. 10 U.S. Lead Acid Battery Market Value, 2022 (USD Million)
Fig. 11 U.S. Motive Lead Acid Battery - Industry Value Chain Analysis
Fig. 12 U.S. Motive Lead Acid Battery - Market Dynamics
Fig. 13 U.S. Motive Lead Acid Battery Market - Porter’s Analysis
Fig. 14 U.S. Motive Lead Acid Battery Market - PESTEL analysis
Fig. 15 4P’s Marketing Model of the U.S. Motive Lead Acid Battery Market
Fig. 16 U.S. Motive Lead Acid Battery Market, by Construction: Key Takeaways
Fig. 17 U.S. Motive Lead Acid Battery Market, by Construction: Market Share, 2022 & 2030
Fig. 18 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, by Flooded, 2018 - 2030 (USD Million)
Fig. 19 U.S. Motive Lead Acid Battery market estimates & forecasts, by valve regulated lead acid (VRLA), 2018 - 2030 (USD Million)
Fig. 20 U.S. Motive Lead Acid Battery Market, by Application: Key Takeaways
Fig. 21 U.S. Motive Lead Acid Battery Market, by Application: Market Share, 2022 & 2030
Fig. 22 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, By Automotive, 2018 - 2030 (USD Million)
Fig. 23 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, By Telecom, 2018 - 2030 (USD Million)
Fig. 24 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, By UPS, 2018 - 2030 (USD Million)
Fig. 25 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, By Electric Vehicles, 2018 - 2030 (USD Million)
Fig. 26 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, By Golf Carts, 2018 - 2030 (USD Million)
Fig. 27 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, By Mining, 2018 - 2030 (USD Million)
Fig. 28 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, By Material Handling, 2018 - 2030 (USD Million)
Fig. 29 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, By Forklift, 2018 - 2030 (USD Million)
Fig. 30 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, End-Controlled Rider Pallet Jack, 2018 - 2030 (USD Million)
Fig. 31 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, By Narrow Aisle Forklifts, 2018 - 2030 (USD Million)
Fig. 32 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, By Counterbalanced Forklifts, 2018 - 2030 (USD Million)
Fig. 33 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, By Large Counterbalanced Forklifts, 2018 - 2030 (USD Million)
Fig. 34 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, By Others (AGVs, … etc.) 2018 - 2030 (USD Million)
Fig. 35 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, By Others, 2018 - 2030 (USD Million)
Fig. 36 U.S. Motive Lead Acid Battery Market, by Material Handling Application: Key Takeaways
Fig. 37 U.S. Motive Lead Acid Battery Market, by Material Handling Application: Market Share, 2022 & 2030
Fig. 38 U.S. Motive Lead Acid Battery Market, by Purity: Key Takeaways
Fig. 39 U.S. Motive Lead Acid Battery Market, by Purity: Market Share, 2022 & 2030
Fig. 40 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, By 99.9% Purity (pure lead acid), 2018 - 2030 (USD Million)
Fig. 41 U.S. Motive Lead Acid Battery Market Estimates & Forecasts, By Less Than 99.9% Purity, 2018 - 2030 (USD Million)
Fig. 42 Texas Motive Lead Acid Battery Market, by Construction: Key Takeaways
Fig. 43 Texas Motive Lead Acid Battery Market, by Construction: Market Share, 2022 & 2030
Fig. 44 Texas Motive Lead Acid Battery Market Estimates & Forecasts, By Flooded, 2018 - 2030 (USD Million)
Fig. 45 Texas Motive Lead Acid Battery Market Estimates & Forecasts, By Valve Regulated Lead Acid (VRLA) 2018-2030, (USD Million)
Fig. 46 Texas Motive Lead Acid Battery Market, by Application: Key Takeaways
Fig. 47 Texas Motive Lead Acid Battery Market, by Application: Market Share, 2022 & 2030
Fig. 48 Texas Motive Lead Acid Battery Market Estimates & Forecasts, By Automotive, 2018 - 2030 (USD Million)
Fig. 49 Texas Motive Lead Acid Battery Market Estimates & Forecasts, By Telecom, 2018 - 2030 (USD Million)
Fig. 50 Texas Motive Lead Acid Battery Market Estimates & Forecasts, by UPS, 2018 - 2030 (USD Million)
Fig. 51 Texas Motive Lead Acid Battery Market Estimates & Forecasts, By Electric Vehicles, 2018 - 2030 (USD Million)
Fig. 52 Texas Motive Lead Acid Battery Market Estimates & Forecasts, By Golf Carts, 2018 - 2030 (USD Million)
Fig. 53 Texas Motive Lead Acid Battery Market Estimates & Forecasts, By Mining, 2018 - 2030 (USD Million)
Fig. 54 Texas Motive Lead Acid Battery Market Estimates & Forecasts, By Material Handling, 2018 - 2030 (USD Million)
Fig. 55 Texas Motive Lead Acid Battery Market Estimates & Forecasts, By Forklift, 2018 - 2030 (USD Million)
Fig. 56 Texas Motive Lead Acid Battery Market Estimates & Forecasts, End-Controlled Rider Pallet Jack, 2018 - 2030 (USD Million)
Fig. 57 Texas Motive Lead Acid Battery Market Estimates & Forecasts, By Narrow Aisle Forklifts, 2018 - 2030 (USD Million)
Fig. 58 Texas Motive Lead Acid Battery Market Estimates & Forecasts, By Counterbalanced Forklifts, 2018 - 2030 (USD Million)
Fig. 59 Texas Motive Lead Acid Battery Market Estimates & Forecasts, By Large Counterbalanced Forklifts, 2018 - 2030 (USD Million)
Fig. 60 Texas Motive Lead Acid Battery Market Estimates & Forecasts, Others , 2018 - 2030 (USD Million)
Fig. 61 Texas Motive Lead Acid Battery Market Estimates & Forecasts, By Others 2018 - 2030 (USD Million)
Fig. 62 Texas. Motive Lead Acid Battery Market, by Material Handling Application: Key Takeaways
Fig. 63 Texas Motive Lead Acid Battery Market, by Material Handling Application: Market Share, 2022 & 2030
Fig. 64 Texas. Motive Lead Acid Battery Market, by Purity: Key Takeaways
Fig. 65 Texas Motive Lead Acid Battery Market, by Purity: Market Share, 2022 & 2030
Fig. 66 Texas Motive Lead Acid Battery Market Estimates & Forecasts, By 99.9% Purity (Pure Lead Acid), 2018 - 2030 (USD Million)
Fig. 67 Texas Motive Lead Acid Battery Market Estimates & Forecasts, By Less Than 99.9% Purity, 2018 - 2030 (USD Million)

Companies Mentioned

  • C&D Technologies Inc.
  • Crown Battery
  • East Penn Manufacturing
  • EnerSys
  • Exide Technologies
  • Hitachi Chemical Co., Ltd.
  • Johnson Controls
  • Panasonic Corporation of North America
  • Trojan Battery Company
  • U.S. Battery Mfg.
  • GS Yuasa Energy Solutions, Inc.
  • Leoch International Technology Limited Inc.
  • Hitachi Chemical Co. Ltd.
  • Discover Battery
  • Triathlon Battery Solutions, Inc.
  • Clarios
  • HOPPECKE Batteries Inc.

Methodology

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Table Information

Report AttributeDetails
No. of Pages120
PublishedSeptember 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 1190.22 Million
Forecasted Market Value ( USD ) by 2030 $ 1570 Million
Compound Annual Growth Rate3.3%
Regions CoveredUnited States
No. of Companies Mentioned17

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