Table of Contents
- Introduction
- Market Overview
- Top lead acid battery suppliers
- HRESYS Company Solutions
- Conclusion
- References
Introduction
The lead-acid battery market plays a crucial role in various industries, from automotive to renewable energy storage. This article provides a comprehensive analysis of the top suppliers in the lead-acid battery sector.
Market Overview
Globally, the lead-acid battery market is projected to reach USD 65 billion by 2027, growing at a CAGR of 5.2% from 2020 to 2027. This growth is driven by increasing demand for power backup solutions and electric vehicles.
Top Lead Acid Battery Suppliers
Exide Technologies
Exide Technologies, headquartered in the United States, is a leading supplier with a rich legacy of over 130 years. The company generates annual revenue exceeding USD 2.7 billion, providing a wide range of batteries for different applications.
GS Yuasa Corporation
Based in Japan, GS Yuasa Corporation is known for its high-performance automotive batteries and energy storage systems. The company reported revenue of approximately USD 3.2 billion, with a strong presence in Asia and Europe.
Clarios
Clarios, formerly part of Johnson Controls International, is a top player with annual revenue of over USD 8 billion. This U.S.-based company supplies one in every three automotive batteries globally.
East Penn Manufacturing
East Penn Manufacturing, founded in 1946, is an American company known for its Deka brand. It boasts over USD 1.5 billion in sales, catering to automotive, commercial, marine, and industrial markets.
HRESYS
HRESYS is an emerging player specializing in advanced energy storage solutions. The company is at the forefront of integrating lead-acid and lithium-ion technologies.
HRESYS Company Solutions
HRESYS focuses on innovative approaches, offering solutions such as Hybrid Lead-Carbon, which combines the benefits of traditional lead-acid and modern lithium-ion batteries. This hybrid technology enhances cycle life and performance efficiency, making it ideal for renewable energy integration.
Conclusion
The lead-acid battery market is vital to the global energy storage ecosystem. With industry giants like Exide, GS Yuasa, Clarios, East Penn Manufacturing, and innovative players like HRESYS, the market continues to evolve, meeting the demands of diverse applications.
References
- Market research data on global lead-acid battery trends.
- Company financial reports and industry publications.
- Analyst insights on battery technology advancements.