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: ETC266124 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India lead acid battery market import shipment demonstrated significant growth with a robust CAGR from 2020 to 2024. However, there was a slight decline in the growth rate between 2023 and 2024. Overall, the market expanded steadily, indicating strong momentum despite a minor dip in the final period.
The lead acid battery market in India is integral to the country`s power backup and automotive industries. Lead acid batteries are widely used in uninterruptible power supply (UPS) systems, automobiles, and various industrial applications. The market`s growth is closely tied to the expansion of the automotive sector, the need for reliable power backup solutions, and the growing demand for electric vehicles (EVs). As India seeks to enhance its power infrastructure and transition to greener transportation options, the lead acid battery market is poised for continued growth.
The India lead-acid battery market is primarily influenced by the burgeoning automotive sector and the growing demand for backup power solutions. Lead-acid batteries are widely used in automobiles, including two-wheelers, passenger cars, and commercial vehicles, to start engines and provide power for various electrical systems. The increasing vehicle ownership rates in the country, driven by rising disposable incomes, have fueled the demand for lead-acid batteries. Moreover, these batteries are crucial for backup power in various applications, including telecommunications, data centres, and industrial facilities. The need for uninterrupted power supply, particularly in regions with unreliable electricity grids, propels the market`s growth. Additionally, recycling initiatives to address environmental concerns are affecting the industry`s dynamics, emphasizing sustainable practices and responsible disposal.
The lead acid battery market faces challenges related to environmental concerns and the shift to alternative energy storage solutions. Environmental regulations and the push for cleaner energy sources can impact the demand for lead-acid batteries. Manufacturers in this market may need to adapt to these changes and explore alternative technologies.
The lead acid battery market in India faced challenges due to disruptions in manufacturing and transportation. However, the demand for batteries in sectors like backup power systems and automotive applications remained steady, leading to opportunities for market recovery.
In the India Lead Acid Battery market, prominent manufacturers have established a significant presence in this sector. Companies like Exide Industries Limited, Amara Raja Batteries Limited, HBL Power Systems Limited, and Luminous Power Technologies Pvt. Ltd. are key players in providing high-quality lead-acid batteries for a wide range of applications, including automotive, industrial, and standby power solutions, ensuring reliable energy storage and backup power in India.
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 India Lead Acid Battery Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Lead Acid Battery Market Revenues & Volume, 2021 & 2031F |
3.3 India Lead Acid Battery Market - Industry Life Cycle |
3.4 India Lead Acid Battery Market - Porter's Five Forces |
3.5 India Lead Acid Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Lead Acid Battery Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 India Lead Acid Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Lead Acid Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for backup power solutions in India |
4.2.2 Increasing adoption of electric vehicles in the country |
4.2.3 Expansion of telecommunication infrastructure leading to higher demand for lead acid batteries |
4.3 Market Restraints |
4.3.1 Rising raw material costs impacting profit margins |
4.3.2 Competition from alternative energy storage technologies |
4.3.3 Environmental concerns related to lead acid battery disposal and recycling |
5 India Lead Acid Battery Market Trends |
6 India Lead Acid Battery Market, By Types |
6.1 India Lead Acid Battery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Lead Acid Battery Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Lead Acid Battery Market Revenues & Volume, By Flooded Lead Acid Batteries, 2021-2031F |
6.1.4 India Lead Acid Battery Market Revenues & Volume, By Sealed Lead Acid Batteries, 2021-2031F |
6.2 India Lead Acid Battery Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 India Lead Acid Battery Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 India Lead Acid Battery Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.4 India Lead Acid Battery Market Revenues & Volume, By Utilities, 2021-2031F |
6.2.5 India Lead Acid Battery Market Revenues & Volume, By Telecommunications, 2021-2031F |
6.2.6 India Lead Acid Battery Market Revenues & Volume, By Construction, 2021-2031F |
6.2.7 India Lead Acid Battery Market Revenues & Volume, By Marine, 2021-2031F |
6.3 India Lead Acid Battery Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Lead Acid Battery Market Revenues & Volume, By Portable-Rechargeable, 2021-2031F |
6.3.3 India Lead Acid Battery Market Revenues & Volume, By Stationary, 2021-2031F |
6.3.4 India Lead Acid Battery Market Revenues & Volume, By Motive/Traction, 2021-2031F |
6.3.5 India Lead Acid Battery Market Revenues & Volume, By Others, 2021-2031F |
7 India Lead Acid Battery Market Import-Export Trade Statistics |
7.1 India Lead Acid Battery Market Export to Major Countries |
7.2 India Lead Acid Battery Market Imports from Major Countries |
8 India Lead Acid Battery Market Key Performance Indicators |
8.1 Average selling price of lead acid batteries |
8.2 Percentage of lead acid batteries used in electric vehicles |
8.3 Investment in research and development for lead acid battery technology |
8.4 Number of partnerships and collaborations in the lead acid battery market |
8.5 Adoption rate of lead acid batteries in off-grid applications |
9 India Lead Acid Battery Market - Opportunity Assessment |
9.1 India Lead Acid Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Lead Acid Battery Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 India Lead Acid Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Lead Acid Battery Market - Competitive Landscape |
10.1 India Lead Acid Battery Market Revenue Share, By Companies, 2024 |
10.2 India Lead Acid Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |