Global Lead-acid Battery Market Insights, Size and Growth Forecast To 2027
Global Lead-acid Battery Market shows influential growth due to its application and properties. The Global Lead-acid market expected to grow at a significant CAGR by 2027 due to increased demand for renewable energy, grid-connected power generation, and expansion of data centers is promoting the steady growth of the lead-acid battery market. Additionally, lead-acid batteries have the widest range of uses, especially in start-up and large-scale energy storage like data centers, automotive, and communication sectors. Moreover, lead-acid batteries are low in price, have comparative advantages such as mature technology, excellent high and low-temperature performance, stability and reliability, high safety, and excellent resource reusability that provides a competitive edge to lead-acid battery market. Furthermore, compared with other battery metal materials, lead resources are relatively abundant as the lead-acid battery has a more 90% rate of recycling. Therefore, lead ...