Automotive Lead Acid Batteries Market to Reach US$17.7 Billion in 2010, According to a New Report by Global Industry Analysts, Inc.

Lead acid battery, represents a mature technology with its demand related to sales in both automobile and consumer products sector. Though its application in certain areas including computers, standby systems and other motive power systems overlaps with other battery technologies, its conventional use as starting battery in the automobile industry is secure, with no battery technology on the horizon to replace it. Global automotive lead acid battery market is expected to be worth US$17.7 billion by 2010.

San Jose, CA (PRWEB) July 26, 2007 -- Global lead acid battery market is well established and highly competitive. The auto industry accounts for about two-thirds of worldwide lead acid battery consumption. OEM lead acid batteries (Automotive) market is expected to touch 100-million units mark in 2008, as stated in a recent report published by Global Industry Analysts, Inc. Asia-Pacific represents the world's largest market for automotive lead acid, accounting for nearly one-third share.

Lead acid batteries market in Asia-Pacific is expected to be around 178 million units by 2010. Aftermarket sales account for lion's share of the total automotive lead acid battery market. In United States, aftermarket/replacement lead acid batteries market for commercial vehicles is expected to be nearly US$42 billion in 2010. Lead acid batteries constitute the most dominant battery technology used in automobile sector addressing 85% of world population driving requirements. Usage of lead acid battery is expected to grow further with technological advancements in the relatively new electric vehicle market. The influx of technological advances is bringing forth a new genre of long lasting lead acid batteries, featuring smaller size and light in weight attributes. Demand for lead acid batteries is expected to rise steadily with its growing end use markets.

Lead Acid Batteries: A Global Strategic Business Report

Leading players in the automotive lead acid batteries market include Apollo Batteries, EXIDE, Delphi Automotive, EnerSys, East Penn, Matsushita Battery and CSB Battery Company.

"Lead Acid Batteries: A Global Strategic Business Report", published by Global Industry Analysts, Inc. quantifies automotive lead acid batteries market across two end-use segments including - Original Equipment Market (Motorcycles, Passenger Cars, and Commercial Vehicles) and Aftermarket/Replacement Market (Motorcycles, Passenger Cars, and Commercial Vehicles). The report provides comprehensive analytics for the US, Canada, France, Germany, Italy, the UK, Spain, Russia, Asia-Pacific, Latin America and rest of world. The study also discusses major issues and trends, demand determinants, alternative battery technologies and profiles companies.

For more details about this research report, please visit http://www.strategyr.com/MCP-2735.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Web Site http://www.StrategyR.com/

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