Saudi Arabia lead acid battery market is expected to grow at a steady rate during the forecast period. The Saudi Arabia lead acid battery market is driven by the increasing demand for cleaner energy sources. Additionally, stringent government policies & regulations pertaining to the greenhouse gases emissions and the type of batteries being used in the vehicles is further expected to propel the market through 2027. Furthermore, technological advancements and new product launches by the major players operating in the market is expected to create lucrative opportunities for the market growth. However, growing popularity of lithium-ion batteries can hamper the market growth during the forecast period.
The Saudi Arabia lead acid battery market is segmented based on product type, construction method, technology, application, company, and region. Based on product type, the market can be categorized into SLI, stationery and motive. The SLI segment is expected to dominate the market owing to the associated benefits such as long shelf life and reducing weight in vehicles. This in turn increases the vehicle sales. Based on construction method, the market can be split into flooded and VRLA. The flooded segment is expected to dominate the market since these are widely used in diesel-electric submarines to power electric motors and nuclear submarines as an emergency power backup.
The major players operating in the lead acid battery market are Exide Technologies, ATLASBX Co. Ltd., GS Yuasa Corporation, Nipress PT, Leoch International Technology Ltd., CSB Battery Co. Ltd., Crown Battery Manufacturing Company, Johnson Controls International plc, Middle East Battery Company (MEBCO), C&D Technologies, MEA and others. Major companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Objective of the Study
- To analyze and estimate the market size of Saudi
Arabia lead acid battery market from 2017 to 2020.
- To estimate and forecast the market size of Saudi
Arabia lead acid battery market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Saudi Arabia lead
acid battery market based on product type, construction method,
technology, application, company, and regional distribution.
- To identify dominant region or segment in the Saudi
Arabia lead acid battery market.
- To identify drivers and challenges for Saudi
Arabia lead acid battery market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Saudi
Arabia lead acid battery market.
- To identify and analyze the profile of leading
players operating in Saudi Arabia lead acid battery market.
- To identify key sustainable strategies adopted
by market players in Saudi Arabia lead acid battery market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
Market insights research calculated the market size of
Key Target Audience
- Lead acid battery
manufacturers/ suppliers/ distributors
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to lead acid battery
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F
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Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments covered
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Product type
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Construction Method
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Technology
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End User Industry
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Regional scope
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Western; Central; Eastern; Rest of Saudi Arabia
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Key companies profiled
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Exide Technologies, ATLASBX Co. Ltd., GS Yuasa Corporation,
Nipress PT, Leoch International Technology Ltd., CSB Battery Co. Ltd., Crown
Battery Manufacturing Company, Johnson Controls International plc, Middle
East Battery Company (MEBCO), C&D Technologies, MEA.
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Customization scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
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