Lead-acid Battery Market
The lead-acid battery market encompasses the manufacturing and sale of batteries for stationary, motive, and SLI (Starting, Lighting, and Ignition) applications. Key customers include the telecommunication, data center, automotive, and utilities sectors. Market growth is primarily driven by the increasing demand for backup power in expanding telecom and data center infrastructure, fueled by the global 5G rollout, and rising demand for inexpensive ICE vehicles in developing nations.
CAGR
5%
Compound Annual Growth Rate
Current Value
$47.1B
Estimated 2026
Projected Value
$69.6B
By 2034
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