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United States Lead Acid Battery for Energy Storage Market Research Report 2024-2030

United States Lead Acid Battery for Energy Storage Market Research Report 2024-2030

  • Category:Energy and Natural Resources
  • Published on : 20 October 2024
  • Pages :205
  • Formats:
  • Report Code:SMR-8013516
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Lead Acid Battery for Energy Storage Market Size, Share 2024


Market size in 2024 US$ 1.72 billion
Forecast Market size by 2030 US$ 2.18 billion
Growth Rate CAGR of 4.0% Number of Pages 205 Pages

The United States Lead Acid Battery for Energy Storage market size was valued at US$ 1.72 billion in 2024 and is projected to reach US$ 2.18 billion by 2030, at a CAGR of 4.0% during the forecast period 2024-2030.


Lead Acid Batteries for Energy Storage are rechargeable batteries using lead and sulfuric acid, widely used in uninterruptible power supplies, off-grid energy systems, and grid stabilization applications due to their reliability and low cost.


The US Lead Acid Battery for Energy Storage market is experiencing steady growth, driven by the need for reliable backup power, increasing adoption of renewable energy systems, and the cost-effectiveness of lead-acid technology. In 2023, total installed capacity reached 5.7 GWh, with UPS and telecom backup applications accounting for 47% of market value. The market saw a 11% increase in demand for advanced lead-carbon batteries in 2023, offering improved cycle life and partial state of charge performance. Use in residential off-grid and solar energy storage is growing at 13% annually. The market is witnessing a trend towards maintenance-free and deep-cycle designs, with a 16% year-over-year increase in sales of sealed AGM and gel batteries for energy storage applications. Adoption in grid stabilization and peak shaving grew by 19% in 2023. Key manufacturers are focusing on developing lead acid batteries with faster charging capabilities and longer lifespans, with a 22% increase in R&D investments for advanced grid alloys and electrolyte additives. The industry is also seeing increased interest in hybrid lead-acid/lithium systems, with a 26% rise in pilot projects combining the strengths of both technologies for optimal performance and cost-effectiveness.

This report contains market size and forecasts of Lead Acid Battery for Energy Storage in United States, including the following market information:
•    United States Lead Acid Battery for Energy Storage Market Revenue, 2019-2024, 2024-2030, ($ millions)
•    United States Lead Acid Battery for Energy Storage Market Sales, 2019-2024, 2024-2030,
•    United States Top five Lead Acid Battery for Energy Storage companies in 2023 (%)

Report Includes

This report presents an overview of United States market for Lead Acid Battery for Energy Storage , sales, revenue and price. Analyses of the United States market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Lead Acid Battery for Energy Storage sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Lead Acid Battery for Energy Storage market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Residential
•    Commercial
•    Industrial
•    Others

Segment by Applications

•    Home Energy Storage
•    Grid Electricity
•    Transport and Automotive
•    Electronics
•    Others

Key Companies covered in this report:

•    Trojan Battery Company
•    East Penn Manufacturing Co.
•    EnerSys
•    GS Yuasa Corporation
•    Exide Technologies
•    Johnson Controls
•    C&D Technologies
•    NorthStar
•    ACDelco
•    U.S. Battery

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies Lead Acid Battery for Energy Storage revenues in United Statesn market, 2019-2024 (Estimated), ($ millions)
•    Key companies Lead Acid Battery for Energy Storage revenues share in United Statesn market, 2023 (%)
•    Key companies Lead Acid Battery for Energy Storage sales in United Statesn market, 2019-2024 (Estimated),
•    Key companies Lead Acid Battery for Energy Storage sales share in United Statesn market, 2023 (%)

Key Indicators Analysed
•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
•    United Statesn Market Analysis: The report includes United Statesn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
•    Opportunities and Drivers: Identifying the Growing Demands and New Technology
•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:
•    Industry drivers, restraints, and opportunities covered in the study
•    Neutral perspective on the market performance
•    Recent industry trends and developments
•    Competitive landscape & strategies of key players
•    Potential & niche segments and regions exhibiting promising growth covered
•    Historical, current, and projected market size, in terms of value
•    In-depth analysis of the Lead Acid Battery for Energy Storage Market
•    Overview of the regional outlook of the Lead Acid Battery for Energy Storage Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
•    This enables you to anticipate market changes to remain ahead of your competitors
•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
•    Provision of market value (USD Billion) data for each segment and sub-segment
•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
•    Provides insight into the market through Value Chain
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:
•    Global Lead Acid Battery for Energy Storage Market 
•    United States Lead Acid Battery for Energy Storage Market 
•    Japan Lead Acid Battery for Energy Storage Market 
•    Germany Lead Acid Battery for Energy Storage Market 
•    South Korea Lead Acid Battery for Energy Storage Market 
•    Indonesia Lead Acid Battery for Energy Storage Market 
•    Brazil Lead Acid Battery for Energy Storage Market

Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.

Report Attributes Report Details
Report Title United States Lead Acid Battery for Energy Storage Market Research Report 2024-2030
Market size in 2024 US$ 1.72 billion
Forecast Market size by 2030 US$ 2.18 billion
Growth Rate CAGR of 4.0%
Historical Year 2018 to 2022 (Data from 2010 can be provided as per availability)
Base Year 2023
Forecast Year 2031
Number of Pages 205 Pages
Customization Available Yes, the report can be customized as per your need.

TABLE OF CONTENTS

1 STUDY COVERAGE


1.1 Lead Acid Battery for Energy Storage Product Introduction


1.2 Market by Type


1.2.1 United Statesn Lead Acid Battery for Energy Storage Market Size Growth Rate by Type, 2019 VS 2023 VS 2030

1.2.2 Residential    

1.2.3 Commercial

1.2.4 Industrial

1.2.5 Others

1.3 Market by Application


1.3.1 United States Lead Acid Battery for Energy Storage Market Size Growth Rate by Application, 2019 VS 2023 VS 2030

1.3.2    Home Energy Storage

1.3.3    Grid Electricity

1.3.4    Transport and Automotive

1.3.5    Electronics

1.3.6    Others

1.4 United States Lead Acid Battery for Energy Storage Sales Estimates and Forecasts 2019-2030

1.5 United States Lead Acid Battery for Energy Storage Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030

1.6 Study Objectives

1.7 Years Considered


2 COMPETITION BY MANUFACTURERS


2.1 United States Lead Acid Battery for Energy Storage Sales by Manufacturers

2.1.1 United States Lead Acid Battery for Energy Storage Sales by Manufacturers (2019-2024)

2.1.2 United States Lead Acid Battery for Energy Storage Sales Market Share by Manufacturers (2019-2024)

2.1.3 Top Largest Manufacturers of Lead Acid Battery for Energy Storage in 2023 in United States

2.2 United States Lead Acid Battery for Energy Storage Revenue by Manufacturers

2.2.1 United States Lead Acid Battery for Energy Storage Revenue by Manufacturers (2019-2024)

2.2.2 United States Lead Acid Battery for Energy Storage Revenue Market Share by Manufacturers (2019-2024)

2.2.3 United States Top Companies by Lead Acid Battery for Energy Storage Revenue in 2023

2.3 United States Lead Acid Battery for Energy Storage Sales Price by Manufacturers (2019-2024)

2.4 Analysis of Competitive Landscape

2.4.1 Manufacturers Market Concentration Ratio (CR3 and HHI)

2.4.2 United States Lead Acid Battery for Energy Storage by Company Type (Tier 1, Tier 2, and Tier 3)

2.4.3 United States Lead Acid Battery for Energy Storage Manufacturers Geographical Distribution

2.5 Mergers & Acquisitions, Expansion Plans


3 United States Lead Acid Battery for Energy Storage MARKET SIZE BY REGION


3.1 Lead Acid Battery for Energy Storage Market Size by Region: 2019-2030

3.1.1 United States Lead Acid Battery for Energy Storage Sales by Region: 2019-2024

3.1.2 United States Lead Acid Battery for Energy Storage Sales Forecast by Region (2025-2030)

3.1.3 United States Lead Acid Battery for Energy Storage Revenue by Region: 2019-2024

3.1.4 United States Lead Acid Battery for Energy Storage Revenue Forecast by Region (2025-2030)


4 MARKET SIZE BY TYPE


4.1 United States Lead Acid Battery for Energy Storage Sales by Type

4.1.1 United States Lead Acid Battery for Energy Storage Historical Sales by Type (2019-2024)

4.1.2 United States Lead Acid Battery for Energy Storage Forecasted Sales by Type (2025-2030)

4.1.3 United States Lead Acid Battery for Energy Storage Sales Market Share by Type (2019-2030)

4.2 United States Lead Acid Battery for Energy Storage Revenue by Type

4.2.1 United States Lead Acid Battery for Energy Storage Historical Revenue by Type (2019-2024)

4.2.2 United States Lead Acid Battery for Energy Storage Forecasted Revenue by Type (2025-2030)

4.2.3 United States Lead Acid Battery for Energy Storage Revenue Market Share by Type (2019-2030)

4.3 United States Lead Acid Battery for Energy Storage Price by Type

4.3.1 United States Lead Acid Battery for Energy Storage Price by Type (2019-2024)

4.3.2 United States Lead Acid Battery for Energy Storage Price Forecast by Type (2025-2030)


5 MARKET SIZE BY APPLICATION


5.1 United States Lead Acid Battery for Energy Storage Sales by Application

5.1.1 United States Lead Acid Battery for Energy Storage Historical Sales by Application (2019-2024)

5.1.2 United States Lead Acid Battery for Energy Storage Forecasted Sales by Application (2025-2030)

5.1.3 United States Lead Acid Battery for Energy Storage Sales Market Share by Application (2019-2030)

5.2 United States Lead Acid Battery for Energy Storage Revenue by Application

5.2.1 United States Lead Acid Battery for Energy Storage Historical Revenue by Application (2019-2024)

5.2.2 United States Lead Acid Battery for Energy Storage Forecasted Revenue by Application (2025-2030)

5.2.3 United States Lead Acid Battery for Energy Storage Revenue Market Share by Application (2019-2030)

5.3 United States Lead Acid Battery for Energy Storage Price by Application

5.3.1 United States Lead Acid Battery for Energy Storage Price by Application (2019-2024)

5.3.2 United States Lead Acid Battery for Energy Storage Price Forecast by Application (2025-2030)


6.    CORPORATE PROFILE


6.1 Trojan Battery Company

6.1.1 Trojan Battery Company Corporation Information

6.1.2 Trojan Battery Company Overview

6.1.3 Trojan Battery Company in United States: Lead Acid Battery for Energy Storage Sales, Price, Revenue and Gross Margin (2019-2024)

6.1.4 Trojan Battery Company Lead Acid Battery for Energy Storage Product Introduction

6.1.5 Trojan Battery Company Recent Developments


6.2 East Penn Manufacturing Co.

6.2.1 East Penn Manufacturing Co. Corporation Information

6.2.2 East Penn Manufacturing Co. Overview

6.2.3 East Penn Manufacturing Co. in United States: Lead Acid Battery for Energy Storage Sales, Price, Revenue and Gross Margin (2019-2024)

6.2.4 East Penn Manufacturing Co. Lead Acid Battery for Energy Storage Product Introduction

6.2.5 East Penn Manufacturing Co. Recent Developments


6.3 EnerSys

6.3.1 EnerSys Corporation Information

6.3.2 EnerSys Overview

6.3.3 EnerSys in United States: Lead Acid Battery for Energy Storage Sales, Price, Revenue and Gross Margin (2019-2024)

6.3.4 EnerSys Lead Acid Battery for Energy Storage Product Introduction

6.3.5 EnerSys Recent Developments


6.4 GS Yuasa Corporation

6.4.1 GS Yuasa Corporation Corporation Information

6.4.2 GS Yuasa Corporation Overview

6.4.3 GS Yuasa Corporation in United States: Lead Acid Battery for Energy Storage Sales, Price, Revenue and Gross Margin (2019-2024)

6.4.4 GS Yuasa Corporation Lead Acid Battery for Energy Storage Product Introduction

6.4.5 GS Yuasa Corporation Recent Developments


6.5 Exide Technologies

6.5.1 Exide Technologies Corporation Information

6.5.2 Exide Technologies Overview

6.5.3 Exide Technologies in United States: Lead Acid Battery for Energy Storage Sales, Price, Revenue and Gross Margin (2019-2024)

6.5.4 Exide Technologies Lead Acid Battery for Energy Storage Product Introduction

6.5.5 Exide Technologies Recent Developments


6.6 Johnson Controls

6.6.1 Johnson Controls Corporation Information

6.6.2 Johnson Controls Overview

6.6.3 Johnson Controls in United States: Lead Acid Battery for Energy Storage Sales, Price, Revenue and Gross Margin (2019-2024)

6.6.4 Johnson Controls Lead Acid Battery for Energy Storage Product Introduction

6.6.5 Johnson Controls Recent Developments


6.7 C&D Technologies

6.7.1 C&D Technologies Corporation Information

6.7.2 C&D Technologies Overview

6.7.3 C&D Technologies in United States: Lead Acid Battery for Energy Storage Sales, Price, Revenue and Gross Margin (2019-2024)

6.7.4 C&D Technologies Lead Acid Battery for Energy Storage Product Introduction

6.7.5 C&D Technologies Recent Developments


6.8 NorthStar

6.8.1 NorthStar Corporation Information

6.8.2 NorthStar Overview

6.8.3 NorthStar in United States: Lead Acid Battery for Energy Storage Sales, Price, Revenue and Gross Margin (2019-2024)

6.8.4 NorthStar Lead Acid Battery for Energy Storage Product Introduction

6.8.5 NorthStar Recent Developments


6.9 ACDelco

6.9.1 ACDelco Corporation Information

6.9.2 ACDelco Overview

6.9.3 ACDelco in United States: Lead Acid Battery for Energy Storage Sales, Price, Revenue and Gross Margin (2019-2024)

6.9.4ACDelco Lead Acid Battery for Energy Storage Product Introduction

6.9.5 ACDelco Recent Developments


6.10 U.S. Battery

6.10.1 U.S. Battery Corporation Information

6.10.2 U.S. Battery Overview

6.10.3 U.S. Battery in United States: Lead Acid Battery for Energy Storage Sales, Price, Revenue and Gross Margin (2019-2024)

6.10.4 U.S. Battery Lead Acid Battery for Energy Storage Product Introduction

6.10.5 U.S. Battery Recent Developments


7 INDUSTRY CHAIN AND SALES CHANNELS ANALYSIS


7.1 Lead Acid Battery for Energy Storage Industry Chain Analysis

7.2 Lead Acid Battery for Energy Storage Key Raw Materials

7.2.1 Key Raw Materials

7.2.2 Raw Materials Key Suppliers

7.3 Lead Acid Battery for Energy Storage Production Mode & Process

7.4 Lead Acid Battery for Energy Storage Sales and Marketing

7.4.1 Lead Acid Battery for Energy Storage Sales Channels

7.4.2 Lead Acid Battery for Energy Storage Distributors

7.5 Lead Acid Battery for Energy Storage Customers


8 Lead Acid Battery for Energy Storage MARKET DYNAMICS


8.1.1 Lead Acid Battery for Energy Storage Industry Trends

8.1.2 Lead Acid Battery for Energy Storage Market Drivers

8.1.3 Lead Acid Battery for Energy Storage Market Challenges

8.1.4 Lead Acid Battery for Energy Storage Market Restraints


9 KEY FINDINGS IN THE United States Lead Acid Battery for Energy Storage STUDY


10 APPENDIX


10.1 Research Methodology

10.1.1 Methodology/Research Approach

10.1.2 Data Source

10.2 Author Details

10.3 Disclaimer

LIST OF TABLES & FIGURES



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