UAE Lead Acid Battery Market Size & Outlook, 2023-2030
UAE lead acid battery market, 2018-2030 (US$M)
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UAE lead acid battery market highlights
- The UAE lead acid battery market generated a revenue of USD 1,879.9 million in 2023 and is expected to reach USD 2,916.5 million by 2030.
- The UAE market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, automotive was the largest revenue generating application in 2023.
- UPS is the most lucrative application segment registering the fastest growth during the forecast period.
Lead acid battery market data book summary
| Market revenue in 2023 | USD 1,879.9 million |
| Market revenue in 2030 | USD 2,916.5 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Automotive |
| Fastest growing segment | UPS |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automotive, UPS, Telecom, Electric Bikes, Transport Vehicles |
| Key market players worldwide | East Penn Manufacturing Co, EXIDE Industries, Johnson Controls International PLC, Northstar Recycling, GS Yuasa Corp, Crown Holdings Inc, Leoch International Technology Ltd |
Other key industry trends
- In terms of revenue, UAE accounted for 2.5% of the global lead acid battery market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa lead acid battery market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 3,535.6 million by 2030.
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Lead Acid Battery Market Scope
Lead Acid Battery Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE lead acid battery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lead acid battery market will help companies and investors design strategic landscapes.
Automotive was the largest segment with a revenue share of 56.47% in 2023. Horizon Databook has segmented the UAE lead acid battery market based on automotive, ups, telecom, electric bikes, transport vehicles covering the revenue growth of each sub-segment from 2018 to 2030.
Growing construction sector mainly in UAE along with advanced real estate regulatory framework, and increasing infrastructure project will drive demand. In addition, various factors including positive demographics, favourable macroeconomics, and rising tourism activities will promote construction growth.
Qatar construction sector is expected to witness significant growth on account of huge government investment along with rapid urbanization in the country. MEA countries including UAE, Qatar, Jordan and Bahrain have streamlined and well-facilitated procedures for construction permits related to legal construction of buildings.
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Our clientele includes a mix of lead acid battery market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE lead acid battery market , including forecasts for subscribers. This country databook contains high-level insights into UAE lead acid battery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE lead acid battery market size, by application, 2018-2030 (US$M)
UAE Lead Acid Battery Market Outlook Share, 2023 & 2030 (US$M)
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