Saudi Arabia lead acid battery market
is expected to grow at a steady rate during the forecast period. The Saudi
Arabia lead acid battery market is driven by the increasing demand for cleaner
energy sources. Additionally, stringent government policies & regulations
pertaining to the greenhouse gases emissions and the type of batteries being
used in the vehicles is further expected to propel the market through 2027.
Furthermore, technological advancements and new product launches by the major
players operating in the market is expected to create lucrative opportunities
for the market growth. However, growing popularity of lithium-ion batteries can
hamper the market growth during the forecast period.
The Saudi Arabia lead acid battery
market is segmented based on product type, construction method, technology,
application, company, and region. Based on product type, the market can be
categorized into SLI, stationery and motive. The SLI segment is expected to
dominate the market owing to the associated benefits such as long shelf life
and reducing weight in vehicles. This in turn increases the vehicle sales.
Based on construction method, the market can be split into flooded and VRLA.
The flooded segment is expected to dominate the market since these are widely
used in diesel-electric submarines to power electric motors and nuclear
submarines as an emergency power backup.
The major players operating in the
lead acid battery market are Exide Technologies, ATLASBX Co. Ltd., GS Yuasa
Corporation, Nipress PT, Leoch International Technology Ltd., CSB Battery Co.
Ltd., Crown Battery Manufacturing Company, Johnson Controls International plc, Middle
East Battery Company (MEBCO), C&D Technologies, MEA and others. Major
companies are developing advanced technologies and launching new products to
stay competitive in the market. Other competitive strategies include mergers
& acquisitions and new product developments.
Objective of the Study:
- To analyze and estimate the market size of Saudi
Arabia lead acid battery market from 2017 to 2020.
- To estimate and forecast the market size of Saudi
Arabia lead acid battery market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Saudi Arabia lead
acid battery market based on product type, construction method,
technology, application, company, and regional distribution.
- To identify dominant region or segment in the Saudi
Arabia lead acid battery market.
- To identify drivers and challenges for Saudi
Arabia lead acid battery market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Saudi
Arabia lead acid battery market.
- To identify and analyze the profile of leading
players operating in Saudi Arabia lead acid battery market.
- To identify key sustainable strategies adopted
by market players in Saudi Arabia lead acid battery market.
Click here to download the sample
TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of Saudi Arabia lead acid battery market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Lead acid battery
manufacturers/ suppliers/ distributors
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to lead acid battery
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
|
Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historical Data
|
2017 – 2020
|
|
Estimated Year
|
2022
|
|
Forecast Period
|
2023 – 2027
|
|
Quantitative Units
|
Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F
|
|
Report coverage
|
Revenue forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments covered
|
·
Product type
·
Construction Method
·
Technology
·
End User Industry
|
|
Regional scope
|
Western; Central; Eastern; Rest of Saudi Arabia
|
|
Key companies profiled
|
Exide Technologies, ATLASBX Co. Ltd., GS Yuasa Corporation,
Nipress PT, Leoch International Technology Ltd., CSB Battery Co. Ltd., Crown
Battery Manufacturing Company, Johnson Controls International plc, Middle
East Battery Company (MEBCO), C&D Technologies, MEA.
|
|
Customization scope
|
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
Report Scope:
In this report, Saudi Arabia lead
acid battery market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- Saudi Arabia Lead Acid Battery Market, By Product
Type:
- Saudi Arabia Lead Acid Battery Market, By Construction
Method:
- Saudi Arabia Lead Acid Battery Market, By Technology:
- Saudi Arabia Lead Acid Battery Market, By End User
Industry:
- Utilities
- Transportation
- Industrial
- Commercial
- Residential
- Others
- Saudi Arabia Lead Acid Battery Market, By Region:
- Western
- Central
- Eastern
- Rest of Saudi Arabia
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Saudi Arabia lead acid battery market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
Saudi Arabia lead acid battery market is
an upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected]