Global Stationary Li-ion and Lead Acid Battery Market Report 2023: Opportunities Emerging in Consolidation and Geographic Expansion, New Product Developments, and Second-life Batteries for Storage

DUBLIN, Dec. 8, 2023 /PRNewswire/ — The “Global Stationary Li-ion and Lead Acid Battery Growth Opportunities” report has been added to  ResearchAndMarkets.com’s offering.

This report provides critical market intelligence for strategists, investors, and decision-makers navigating the evolving landscape of renewable energy storage solutions.

Public and private sector investment in renewable energy, mainly solar PV and wind, is increasing in response to the need to reduce carbon emissions and dependency on fossil fuels. However, the intermittent nature of renewables requires investment in complementary grid support solutions. Battery energy storage solutions provide stability for the grid and unlock new revenue opportunities for stakeholders. Lithium-ion batteries dominate this segment.

The wider global demand for batteries from the automotive space has lowered average lithium system costs and encouraged investment in new manufacturing facilities. Beyond battery energy storage, the situation is very different. Lead acid batteries are well established in many end-user segments and provide an effective solution for companies. Telecoms, utility equipment, industrial, and data centers are among the segments dominated by lead acid.

This picture will slowly change as lithium grows; however, lead acid will dominate many of these segments by the 2030s.

Growth Opportunity Universe

Consolidation and Geographic ExpansionNew Product DevelopmentSecond-life Batteries for Battery Storage

Key Topics Covered:

Strategic Imperatives

Why is it Increasingly Difficult to Grow?The Strategic Imperative Impact of the Top 3 Strategic Imperatives on the Stationary Lithium-ion (Li-ion) Battery and Lead Acid Battery (LAB) IndustryGrowth Opportunities Fuel the Growth Pipeline Engine

Growth Environment

Key Findings

Growth Opportunity Analysis

Scope of AnalysisGeographical ScopeDefinitionsKey Competitors – Lithium IonKey Competitors – Lead AcidGrowth MetricsDistribution ChannelsGrowth DriversGrowth RestraintsForecast AssumptionsRevenue ForecastRevenue Forecast by End User – TotalRevenue Forecast by End User – Lithium IonRevenue Forecast by End User – Lead AcidRevenue Forecast by RegionRevenue Forecast Analysis by RegionCompetitive EnvironmentRevenue Share of Top Participants – Li-ion BatteriesRevenue Share Analysis – Li-ionCompetitive EnvironmentRevenue Share of Top Participants – LABsRevenue Share Analysis – LABs

Revenue Forecast by End User Market

TelecomRevenue Forecast by Region – TelecomData CenterRevenue Forecast by Region – Data CenterIndustrialRevenue Forecast by Region – IndustrialUtility EquipmentRevenue Forecast by Region – Utility EquipmentUtility BESSRevenue Forecast by Region – Utility BESSC&PB BESSRevenue Forecast by Region – C&PB BESSC&PB EquipmentRevenue Forecast by Region – C&PB EquipmentResidential BESSRevenue Forecast by Region – Residential BESSEV InfrastructureRevenue Forecast by Region – EV InfrastructureOil GasRevenue Forecast by Region – O&GOff-grid SystemsRevenue Forecast by Region – Off-grid Systems

For more information about this report visit https://www.researchandmarkets.com/r/ek4ng7

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

esearch and Markets
Laura Wood, Senior Manager
[email protected]
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo – https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/global-stationary-li-ion-and-lead-acid-battery-market-report-2023-opportunities-emerging-in-consolidation-and-geographic-expansion-new-product-developments-and-second-life-batteries-for-storage-302010343.html

SOURCE Research and Markets