SOURCE: Frost & Sullivan

March 22, 2011 03:30 ET

Frost & Sullivan: Proven Efficiency of Lead-Acid Batteries Helps Them Hold Their Own Against Novel Chemistries

LONDON--(Marketwire - March 22, 2011) - As 'green energy' rapidly gains popularity in Europe, the market for lead-acid battery is expected to receive a fillip, at least until other battery chemistries are well established and capable of replacing them in renewable applications. Lead-acid batteries that comply with environmental regulations and can be completely recycled are likely to find more takers, as it reduces their cost of production and makes them affordable. The batteries' inherent advantage of efficient performance at low costs is expected to encourage their widespread adoption across Europe.

New analysis from Frost & Sullivan (http://www.powersupplies.frost.com), European Lead Acid Battery Market, finds that the market earned revenues of $4.09 billion in 2009 and estimates this to increase further in 2015.

If you are interested in more information on this study, please send an e-mail to Chiara Carella, Corporate Communications, at chiara.carella@frost.com, with your full name, company name, title, telephone number, company website, city and country.

"Apart from the demand from renewable energy utilities, improving telecom infrastructure, which requires large-format batteries at high capacity to ensure uninterrupted supply, also raise the demand for lead acid batteries," says Frost & Sullivan Industry Manager Suba Arunkumar. "The proliferation of smart phones requires infrastructure to support 4G networks, indirectly promotes demand for lead acid batteries for telecom stationary applications."

While there is evidently a huge market for lead-acid battery, participants should be prepared for intense competition and price wars. They could also face a challenge from other recent battery chemistries with superior technology, lighter weight and better performance.

In such a scenario, lead-acid battery manufacturers have to promote their products' reliability and proven chemistry. Despite the low level of technological advancements, their inexpensive, yet efficient, performance holds them in good stead in the key areas of stationary, motive and automotive applications.

"Demand for original equipment manufacturer (OEM) lead acid batteries is high among stationary applications, while for automotive applications, the aftermarket demand is high," notes Arunkumar. "In the overall market, the demand for lead acid batteries remains steady, despite price fluctuations and volatility of raw material availability."

European Lead Acid Battery Market is part of the Power Supplies Growth Partnership Services programme, which also includes research in the following markets: European Industrial UPS Market, European DC Power Systems Market, and Opportunities in European BIPV Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

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European Lead Acid Battery Market
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