Motive Lead-Acid Battery Market Growth Report Up to 2019: Radiant Insights, Inc

Motive Lead-Acid Battery Market Share and Size, Trends

and Growth Report 2019 by Radiant Insights

Motive Lead-Acid Battery Market 2015-2019

Covering: This market study report segments the global motive lead-acid battery market by application

and includes segments like industrial forklifts, railroads, mining, and others. The market study also

analyzes the Key regions for this market, including Americas, EMEA, and APAC. Leading vendors in this

market are Axion Power International, Exide Technologies, SBS, East Penn Manufacturing, HOPPECKE

Batterien, MIDAC Batteries, Navitas System, and Trojan Battery.

Market outlook of the motive lead-acid battery market

Motive lead-acid batteries provide motive power to small transport vehicles like forklifts, golf carts,

railroads, and mining vehicles. The global market for motive lead-acid batteries is positively influenced

by the rapid increase in material handling and industrial production in regions like Asia, Europe, and the

Middle East. These factors spur the prospects for growth in this market during the forecast period and

results in its stable market growth rate of more than 7% by 2019.

Read Complete Report with TOC @ https://www.radiantinsights.com/research/motive-lead-acidbattery-market-2015-2019

Technavio's market research analyst has estimated eminent factors, such as the increasing demand for

forklifts applications, to drive market growth during the forecast period. Globally, it has been observed

that lead-acid batteries power almost 70% of the total forklifts manufactured. Since lead-acid batteries

aid in bringing down the total cost of ownership, their augmented implementation in forklifts is

expected to bring about market growth in the next four years.

Application-based segmentation and analysis of: industrial forklifts, railroads, mining

In this global market research, analysts estimate the industrial forklifts segment to dominate over all the

other segments during the forecast period. This...