Market Forecast By Types (SLI (Starting Lighting Ignition), Stationary and Motive/Traction), By Construction Method (Flooded and VRLA), By Applications (Automotive, Telecommunications, UPS & Inverter, Electric Vehicles & Renewable Energy and Others), By Capacity (Up to 100 Ah, 100.1-200 Ah, 200.1-300 Ah and Above 300 Ah), By Regions (Northern, Western, Eastern and Southern) and Competitive Landscape.

According to 6Wresearch, India lead acid battery market size is projected to grow at a CAGR of over 9% during 2018-24. SLI battery segment bagged highest revenue share in 2017, followed by stationary battery segment. SLI battery is projected to lead the market during the forecast period owing to its high utilization in automobiles. Moreover, automobile sales registered an increase of around 14% in 2017; vehicle production in India registered a CAGR of nearly 6% during 2011-17, contributing towards the demand of SLI lead acid batteries in the country.

Further, motive/traction battery is anticipated to exhibit second highest growth rate over the coming years on the back of its usage across railways coupled with growing adoption of electric vehicles in the country. In terms of construction methods, flooded battery captured majority of the India lead acid battery market share in 2017; however, VRLA segment is likely to display higher growth rate owing to its benefits over flooded ones, such as advantage of immobilized electrolyte in VRLA battery which prevents electrolyte leakage and do not require maintenance.

The India lead acid battery market report thoroughly covers India Lead Acid Battery market by types, construction method, applications, and regions. The India lead acid battery market outlook report provides an unbiased and detailed analysis of the India lead acid battery market trends, opportunities/ high growth areas and market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

Download sample page @ https://www.6wresearch.com/market-reports/india-lead-acid-market-2018-2024-forecast-by-types-sli-stationary-motive-traction-construction-method-applications-capacity-competitive-landscape.html

Press Release @ https://www.6wresearch.com/press-releases/india-lead-acid-battery-market-share-forecasts-size-growth-opportunity-shipments-cagr-players-trends-media-company-profile-ksa-insights.html

Key Highlights of the Report:
India Lead Acid Battery Market
Lead Acid Battery Market Share
Lead Acid Battery Market Size

ABOUT US :
6Wresearch is the premier, one stop market intelligence and advisory centre, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.

For Further details, please contact:
Website: www.6wresearch.com
Phone: +911143024305
Email ID: [email protected]