Lead Acid Battery Market Is Expected To Reach USD 55.23 Billion By 2030
San Francisco, 27 June 2023: The Report Lead Acid Battery Market Size, Share & Trends Analysis Report By Product (SLI, Stationary, Motive), By Construction Method (Flooded, VRLA), By Application, By Region, And Segment Forecasts, 2023 - 2030 The global lead acid battery market size is expected to reach USD 55.23 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.6% from 2023 to 2030. Lead-acid batteries have been used in a wide range of applications for many years, and there is a well-established infrastructure for manufacturing, distribution, and recycling. This makes them a convenient and cost-effective choice for many applications. While lead-acid batteries are a mature technology, there have been significant improvements in recent years, such as the development of valve-regulated lead-acid (VRLA) batteries that offer improved performance and longer service life. This is expected to boost the demand for le