United States Sealed Lead Carbon Battery Market was valued at USD 0.4 Billion in 2022 and is projected to reach USD 0.8 Billion by 2030, growing at a CAGR of 9.1% from 2024 to 2030.
The U.S. Sealed Lead Carbon Battery Market is experiencing significant growth, driven by advancements in energy storage technologies and a strong push towards renewable energy sources. These batteries, known for their enhanced lifespan and efficiency, are gaining traction across various applications, including renewable energy storage, uninterruptible power supplies (UPS), and electric vehicles (EVs).
In 2024, the U.S. Department of Energy announced substantial investments aimed at bolstering domestic battery manufacturing capabilities. A $3 billion allocation to 25 projects across 14 states is set to boost production of advanced batteries and materials, creating approximately 12,000 jobs. Notable recipients include Albemarle, Honeywell, and Clarios Circular Solutions, all contributing to the diversification and strengthening of the U.S. battery supply chain. citeturn0news24
Regionally, the Asia Pacific leads the Sealed Lead Carbon Battery Market, propelled by rapid industrialization and supportive government policies in countries like China and India. North America, particularly the United States, also plays a pivotal role, with a market size of around $700 million in 2023. The U.S. market is projected to grow at a CAGR of 6.5%, reaching approximately $1.3 billion by 2032, driven by the adoption of clean energy technologies and electric vehicles. citeturn0search3
Key players in the U.S. market include Johnson Controls, East Penn Manufacturing, Exide Technologies, Enersys, and GS Yuasa Corporation. These companies are actively investing in research and development to enhance battery performance, reduce costs, and expand their product offerings, thereby intensifying competition and driving innovation within the market. citeturn0search3
The U.S. government's strategic initiatives, such as the conditional loan of $755 million to Novonix for constructing a synthetic graphite plant in Tennessee, underscore the commitment to reducing reliance on foreign battery materials. This plant aims to supply enough graphite for 325,000 EVs annually by 2028, strengthening the domestic supply chain and supporting the growth of the EV market. citeturn0news29
In summary, the U.S. Sealed Lead Carbon Battery Market is poised for substantial growth, fueled by government investments, technological advancements, and a concerted shift towards sustainable energy solutions. As the market evolves, continuous innovation and strategic collaborations will be essential to meet the increasing demand for efficient and reliable energy storage systems.
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Canbat
Victron Energy
KIJO Group
Tycon Solar
East Penn Manufacturing
CSB Battery
EnerSys
Shuangdeng Group
C & D Technologies
Shandong Sacred Sun Power Sources
Fujian Huaxiang Power Technology
Furukawa
Sacred Sun
Axion Power
China Tianneng
Taizhou xiongzhuang Energy Technology
HUAFU
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Sealed Lead Carbon Battery Market
Automotive
Energy Storage Systems
Consumer Electronics
Uninterruptible Power Supply (UPS)
Other Applications
Sealed Lead Carbon (SLC) Batteries
Absorbent Glass Mat (AGM) Batteries
Automotive Industry
Energy and Power Industry
Telecommunication Industry
Medical Equipment
Other Industries
Low Voltage (up to 12V)
Medium Voltage (12V - 36V)
High Voltage (above 36V)
Small Capacity (up to 10Ah)
Medium Capacity (10Ah - 50Ah)
Large Capacity (above 50Ah)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Sealed Lead Carbon Battery Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Sealed Lead Carbon Battery Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Sealed Lead Carbon Battery Market, By Type
6. US Sealed Lead Carbon Battery Market, By Application
7. US Sealed Lead Carbon Battery Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Sealed Lead Carbon Battery Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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