Report ID: SQMIG25C2083
Report ID:
SQMIG25C2083 |
Region:
Global |
Published Date: August, 2024
Pages:
223
|
Tables:
61 |
Figures:
75
The competitive landscape of the global lead acid battery market can be described as moderately fragmented, with several key players operating at both global and regional levels. These companies are highly focused on technological advancements in battery and energy storage solutions. They are also actively engaged in forming strategic partnerships to enhance their product portfolios and establish a strong foothold in the global market. One example of such strategic initiatives is Exide Industries, which has recently approved a merger scheme with its subsidiary, Chloride Power Systems and Solutions. Chloride Power Systems and Solutions specializes in the manufacturing of battery chargers, transformers, distribution boards, printed circuit boards, battery health monitoring systems, various brands of lead acid storage batteries, and home UPS. This merger will enable Exide Industries to expand its offerings and strengthen its presence in the market. In a similar vein, Ecobat, a prominent company involved in lead acid battery recycling and distribution, acquired Emrol, a battery distributor in Belgium, in October 2021. This acquisition was aimed at expanding Ecobat's range of batteries and operations, allowing them to serve a broader customer base. These strategic moves reflect the dynamic nature of the lead acid battery market, as companies strive to position themselves for growth and gain a competitive edge in the industry.
Lead acid battery Market Top Player’s Company Profile
Lead acid battery Market
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Report ID: SQMIG25C2083