According to application type, the global lead acid battery
market is segmented as stationary industrial, residential, transportation, motive industrial, commercial, stationary industrial, and grid storage.
Exhibit 4: Global lead Acid Battery
Market by Application 2018
Mil Ovan, senior vice president and a co-founder, said a carbon-graphite foam lead acid battery
, unlike conventional lead acid batteries, lasts longer, is smaller, weighs significantly less because of the reduction of lead, sheds heat more effectively and can be re-charged faster.
Receiving this award reinforces a message received from our early customers--that industry experts believe our next-generation lead acid battery
can in the near future revolutionize a major yet mature market," says Edward F.
Williams said the company believes its graphite foam lead acid battery
"will ultimately have a dual use in both commercial and military applications.
The Peoria, IL-based company, which was formed to create the next generation of lead acid battery
technology based on a material sciences innovation discovered by Caterpillar Inc.
Tom Granville, CEO said, "Bob has been a respected expert in the battery industry for over 30 years and was a driving force for the development and commercialization of the valve regulated lead acid battery
technology used in every modern sealed lead-acid battery.
The new company grew out of a strategic partnership announced early this year between BDM, a technology services company, and Electrosource, a pioneer in the development of advanced lead acid battery
The lead acid battery
market today totals about $16 billion in annual worldwide sales.
This Frost & Sullivan research service titled European Lead Acid Battery
Market provides the overall market growth, revenue and market share analyses, competitive structure, industry challenges, drivers, restraints and pricing trends.
7, 2015 /PRNewswire/ -- This market research study analyzes the lead acid battery
market on African regions and provides estimates in terms of revenue (USD million) from 2015 to 2021.
According to the report, Lead Acid Battery
Market in Indonesia 2015-2019, the growth of the market will be driven by several factors.