Global industrial lead acid batteries market value 2023-2031, by region
The Asia-Pacific region dominated the market for industrial lead acid batteries worldwide, with a market value of 4.7 billion U.S. dollars in 2023. This figure is forecast to grow over the next decade, reaching a value of 8.2 billion U.S. dollars in 2031 – an increase of more than 70 percent. Asia-Pacific is also the top player in the global market for industrial lithium-based batteries.
More information on the global industrial battery market can be found here.