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Summary Lead Acid Battery in India 2017 states that growth in the country’s automobile industry and increased need for power backup solutions are playing a significant role in the market’s growth. Increased focus of companies to achieve higher sales in the more lucrative replacement market is helping in strong value-wise growth in the market. Growth in various sectors that are highly dependent on uninterrupted power supply is also resulting in higher demand for lead acid batteries.
Companies ➢ Exide Industries ➢ Amara Raja ➢ HBL Power Systems ➢ AMCO Batteries
➢ Celtek Batteries ➢ Su-Kam Power Systems
Types
Lithium ion
Lithium polymer
Market
The lead acid battery in India is duopolistic in nature, with Exide Industries and Amara Raja Batteries controlling ~50% of the total market.
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Table of Contents ➢ Executive Summary ➢ Market Overview ➢ Trade Analysis ➢ Market Influencers ➢ Competitive Landscape ➢ Recent Developments ➢ Appendix
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