Market Forecast By Type (Flooded Lead Acid Batteries, Sealed Lead Acid Batteries), By End User (Automotive, Oil & Gas, Utilities, Telecommunications, Construction, Marine, Others), By Application (Portable-Rechargeable, Stationary, Motive/Traction, Others) And Competitive Landscape
Product Code: ETC266119 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Hungary Lead Acid Battery Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 5.84% in 2025 and reaches 12.11% by 2029.
The Lead Acid Battery market in Hungary is projected to grow at a stable growth rate of 4.88% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
In the year 2021, Poland was the largest exporter in terms of value, followed by Germany. It has registered a growth of 93.96% over the previous year. While Germany registered a growth of 13.2% as compare to the previous year. In the year 2017 Germany was the largest exporter followed by Czechia. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Hungary has the Herfindahl index of 1244 in 2017 which signifies high competitiveness also in 2021 it registered a Herfindahl index of 1461 which signifies high competitiveness in the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Lead Acid Battery Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Lead Acid Battery Market Revenues & Volume, 2021 & 2028F |
3.3 Hungary Lead Acid Battery Market - Industry Life Cycle |
3.4 Hungary Lead Acid Battery Market - Porter's Five Forces |
3.5 Hungary Lead Acid Battery Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.6 Hungary Lead Acid Battery Market Revenues & Volume Share, By End User, 2021 & 2028F |
3.7 Hungary Lead Acid Battery Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 Hungary Lead Acid Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automotive batteries in Hungary due to the growing automotive industry |
4.2.2 Rise in adoption of renewable energy sources leading to higher demand for energy storage solutions |
4.2.3 Government initiatives promoting the use of electric vehicles and renewable energy technologies |
4.3 Market Restraints |
4.3.1 Competition from alternative battery technologies such as lithium-ion batteries |
4.3.2 Fluctuating prices of raw materials impacting the production costs of lead acid batteries |
4.3.3 Environmental concerns related to lead acid battery disposal and recycling |
5 Hungary Lead Acid Battery Market Trends |
6 Hungary Lead Acid Battery Market, By Types |
6.1 Hungary Lead Acid Battery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Lead Acid Battery Market Revenues & Volume, By Type, 2018 - 2028F |
6.1.3 Hungary Lead Acid Battery Market Revenues & Volume, By Flooded Lead Acid Batteries, 2018 - 2028F |
6.1.4 Hungary Lead Acid Battery Market Revenues & Volume, By Sealed Lead Acid Batteries, 2018 - 2028F |
6.2 Hungary Lead Acid Battery Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Hungary Lead Acid Battery Market Revenues & Volume, By Automotive, 2018 - 2028F |
6.2.3 Hungary Lead Acid Battery Market Revenues & Volume, By Oil & Gas, 2018 - 2028F |
6.2.4 Hungary Lead Acid Battery Market Revenues & Volume, By Utilities, 2018 - 2028F |
6.2.5 Hungary Lead Acid Battery Market Revenues & Volume, By Telecommunications, 2018 - 2028F |
6.2.6 Hungary Lead Acid Battery Market Revenues & Volume, By Construction, 2018 - 2028F |
6.2.7 Hungary Lead Acid Battery Market Revenues & Volume, By Marine, 2018 - 2028F |
6.3 Hungary Lead Acid Battery Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Hungary Lead Acid Battery Market Revenues & Volume, By Portable-Rechargeable, 2018 - 2028F |
6.3.3 Hungary Lead Acid Battery Market Revenues & Volume, By Stationary, 2018 - 2028F |
6.3.4 Hungary Lead Acid Battery Market Revenues & Volume, By Motive/Traction, 2018 - 2028F |
6.3.5 Hungary Lead Acid Battery Market Revenues & Volume, By Others, 2018 - 2028F |
7 Hungary Lead Acid Battery Market Import-Export Trade Statistics |
7.1 Hungary Lead Acid Battery Market Export to Major Countries |
7.2 Hungary Lead Acid Battery Market Imports from Major Countries |
8 Hungary Lead Acid Battery Market Key Performance Indicators |
8.1 Average selling price of lead acid batteries in Hungary |
8.2 Number of electric vehicles registered in Hungary |
8.3 Percentage of energy generated from renewable sources in Hungary |
8.4 Adoption rate of energy storage solutions in residential and commercial sectors |
8.5 Investment in research and development for lead acid battery technology in Hungary |
9 Hungary Lead Acid Battery Market - Opportunity Assessment |
9.1 Hungary Lead Acid Battery Market Opportunity Assessment, By Type, 2021 & 2028F |
9.2 Hungary Lead Acid Battery Market Opportunity Assessment, By End User, 2021 & 2028F |
9.3 Hungary Lead Acid Battery Market Opportunity Assessment, By Application, 2021 & 2028F |
10 Hungary Lead Acid Battery Market - Competitive Landscape |
10.1 Hungary Lead Acid Battery Market Revenue Share, By Companies, 2021 |
10.2 Hungary Lead Acid Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |