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electronalytics · 1 year ago

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Industrial Lead-Acid Battery Market Analysis, Growth Factors and Dynamic Demand by 2032

Industrial Lead-Acid Battery Market Overview:

The industrial lead-acid battery market involves the production and distribution of batteries specifically designed for industrial applications. Lead-acid batteries are rechargeable batteries that use lead plates immersed in an electrolyte solution to store and release electrical energy. They are widely used in various industries for applications such as backup power, emergency lighting, uninterruptible power supply (UPS), telecommunications, electric vehicles, and renewable energy storage.

The global Lead Acid Battery market exhibited a valuation of USD 30.6 billion in 2022, and it is projected to achieve a remarkable CAGR of 6.9% from 2023 to 2032, leading to a market size of USD 59.6 billion.

Key Points:

Types of Industrial Lead-Acid Batteries: The industrial lead-acid battery market offers different types of batteries, including valve-regulated lead-acid (VRLA) batteries and flooded lead-acid batteries. VRLA batteries, such as AGM (absorbent glass mat) and gel batteries, are maintenance-free and sealed, while flooded batteries require periodic maintenance.

Wide Range of Applications: Industrial lead-acid batteries find applications in diverse industries, including telecommunications, data centers, manufacturing, transportation, renewable energy, and utilities. They provide reliable power backup, energy storage, and support critical operations in these sectors.

Robust and Reliable Performance: Lead-acid batteries are known for their robustness and long service life, making them suitable for demanding industrial applications. They can deliver high currents, withstand harsh environmental conditions, and provide consistent performance over an extended period.

Demand and Opportunity:

Increasing Need for Power Backup: The growing reliance on uninterrupted power supply in industries such as telecommunications, data centers, and manufacturing drives the demand for industrial lead-acid batteries. These batteries serve as reliable backup power sources during grid outages or unstable power conditions.

Expansion of Renewable Energy: The expansion of renewable energy systems, such as solar and wind power, creates opportunities for industrial lead-acid batteries as energy storage solutions. These batteries store excess energy generated by renewable sources for later use, enhancing grid stability and enabling renewable energy integration.

Growth of Electric Vehicles: The increasing adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs) fuels the demand for industrial lead-acid batteries. These batteries are used in EVs for auxiliary power, such as lighting, HVAC systems, and power steering, and in HEVs for regenerative braking.

Future Forecast:

Advancements in Battery Technology: Ongoing research and development efforts focus on improving the performance and energy density of lead-acid batteries. Innovations in electrode materials, electrolytes, and battery management systems aim to enhance efficiency, cycle life, and overall performance.

Shift towards VRLA Batteries: The market is witnessing a shift towards valve-regulated lead-acid (VRLA) batteries, particularly AGM and gel batteries. These batteries offer maintenance-free operation, improved safety, and better resistance to vibration and shock, making them suitable for a wide range of industrial applications.

Integration of Smart Features: The integration of smart features, such as battery monitoring systems, remote monitoring, and diagnostics, enhances the efficiency and reliability of industrial lead-acid batteries. These features enable real-time monitoring, predictive maintenance, and optimized battery performance.

Focus on Sustainability: The market is placing increased emphasis on sustainability and environmental stewardship. Manufacturers are implementing recycling programs, adopting eco-friendly manufacturing processes, and developing lead-acid batteries with reduced environmental impact.

We recommend referring our Stringent datalytics firm, industry publications, and websites that specialize in providing market reports. These sources often offer comprehensive analysis, market trends, growth forecasts, competitive landscape, and other valuable insights into this market.

By visiting our website or contacting us directly, you can explore the availability of specific reports related to this market. These reports often require a purchase or subscription, but we provide comprehensive and in-depth information that can be valuable for businesses, investors, and individuals interested in this market.

“Remember to look for recent reports to ensure you have the most current and relevant information.”

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Market Segmentations:

Global Industrial Lead-Acid Battery Market: By Company • Coslight • East Penn Manufacturing • EnerSys • Exide Technologies • GS Yuasa • C&D Technologies • Crown Battery • Daejin Battery • EverExceed • Exide Industries • HBL Power Systems • HOPPECKE • Microtex Energy • MIDAC Batteries • Navitas System • Rolls Battery • Storage Battery Systems • Su-Kam Power Systems • Trojan Battery Global Industrial Lead-Acid Battery Market: By Type • FLA Batteries • VRLA Batteries Global Industrial Lead-Acid Battery Market: By Application • Automotive • Telecom • Transport Vehicles • Electric Bikes • UPS Global Industrial Lead-Acid Battery Market: Regional Analysis The regional analysis of the global Industrial Lead-Acid Battery market provides insights into the market's performance across different regions of the world. The analysis is based on recent and future trends and includes market forecast for the prediction period. The countries covered in the regional analysis of the Industrial Lead-Acid Battery market report are as follows: North America: The North America region includes the U.S., Canada, and Mexico. The U.S. is the largest market for Industrial Lead-Acid Battery in this region, followed by Canada and Mexico. The market growth in this region is primarily driven by the presence of key market players and the increasing demand for the product. Europe: The Europe region includes Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe. Germany is the largest market for Industrial Lead-Acid Battery in this region, followed by the U.K. and France. The market growth in this region is driven by the increasing demand for the product in the automotive and aerospace sectors. Asia-Pacific: The Asia-Pacific region includes Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, and Rest of Asia-Pacific. China is the largest market for Industrial Lead-Acid Battery in this region, followed by Japan and India. The market growth in this region is driven by the increasing adoption of the product in various end-use industries, such as automotive, aerospace, and construction. Middle East and Africa: The Middle East and Africa region includes Saudi Arabia, U.A.E, South Africa, Egypt, Israel, and Rest of Middle East and Africa. The market growth in this region is driven by the increasing demand for the product in the aerospace and defense sectors. South America: The South America region includes Argentina, Brazil, and Rest of South America. Brazil is the largest market for Industrial Lead-Acid Battery in this region, followed by Argentina. The market growth in this region is primarily driven by the increasing demand for the product in the automotive sector.

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Reasons to Purchase Industrial Lead-Acid Battery Market Report:

Market Analysis: The report provides a comprehensive analysis of the industrial lead-acid battery market, including current trends, market size, growth potential, and competitive landscape. It offers valuable insights into market dynamics, enabling businesses to understand the market conditions and make informed decisions.

Industry Trends: The report highlights the latest trends and developments in the industrial lead-acid battery market, including technological advancements, product innovations, and emerging markets. By staying updated on industry trends, businesses can identify opportunities and stay ahead of their competitors.

Market Forecasts: The report provides market forecasts for the industrial lead-acid battery market, including revenue projections, growth rates, and market share. These forecasts help businesses in strategic planning, resource allocation, and investment decisions.

Competitive Analysis: The report offers a detailed analysis of the competitive landscape of the industrial lead-acid battery market, including key players, their market presence, and strategies. This information helps businesses understand their competitors and devise effective strategies to gain a competitive advantage.

Customer Insights: The report provides insights into customer preferences, buying patterns, and demands in the industrial lead-acid battery market. Understanding customer needs and preferences helps businesses tailor their products and services to meet market demands effectively.

Investment Opportunities: The report identifies potential investment opportunities in the industrial lead-acid battery market, such as emerging markets, new product developments, and strategic partnerships. Businesses can use this information to explore new business ventures and expand their market presence.

Regulatory Landscape: The report covers the regulatory framework and policies governing the industrial lead-acid battery market. Understanding the regulatory landscape helps businesses ensure compliance and avoid legal issues.

About US:

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Syndicated market research reports, on the other hand, are pre-existing reports that are available for purchase by multiple clients. These reports are often produced on a regular basis, such as annually or quarterly, and cover a broad range of industries and market segments. Syndicated reports provide clients with insights into industry trends, market sizes, and competitive landscapes. By offering both custom and syndicated reports, Stringent Datalytics can provide clients with a range of market research solutions that can be customized to their specific needs

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reportwire · 2 years ago

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In Nord Stream bombings probe, German investigators see Ukraine link, reports say

BERLIN — German prosecutors have found “traces” of evidence indicating that Ukrainians may have been involved in the explosions that blew up the Nord Stream gas pipelines in September 2022, according to German media reports Tuesday. Investigators identified a boat that was potentially used for transporting a crew of six people, diving equipment and explosives into the Baltic Sea in early…

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#Denmark #Diplomacy #Energy infrastructure #Energy supply #EU-Russia relations #Foreign policy #German politics #Germany #Pipelines #poland #russia #Sweden #ukraine #Volodymyr Zelenskyy #War in Ukraine

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vivekguptahal · 2 years ago

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Hitachi’s Innovative Power Transmission Technology Ensures Clean Energy for NY Homes

Making long-distance energy transfer a reality

Decarbonization goals require the government to work closely with the private sector to develop effective solutions for clean energy transmission. These public-private partnerships, such as the ambitious project in New York leveraging Hitachi’s high-voltage direct current (HVDC) technology, is essential if objectives at the state and local levels are to be achieved.

However, though emerging tools and technologies aim to reduce carbon emissions, the problem of electricity transmission has been a major obstacle. The project in New York is setting the bar for public-private partnerships in the energy sector with Hitachi’s unique technology and is making long-distance energy transfer a reality.

Renewable energy transmission to power New York

The state of New York’s Climate Leadership and Community Protection Act has set a target to be powered by 70% renewable energy by 2030^ . Historically, the state has been reliant on traditional and dispatchable energy sources like gas and coal. But most renewable energy sources must be held in reserve until needed. Accessing renewable energy on demand requires a means of storing power for later use.

Initially, the challenge was to find a suitable renewable power reservoir that was well-positioned for the transfer of renewable energy to and from the state. As Quebec relies mostly on hydropower generation, its infrastructure and capacity provided renewable energy storage capabilities to its neighbor. Next, an environmentally responsible means of bringing clean hydropower from Quebec to New York City was facilitated by Hitachi’s HVDC technology.

As the technology powers the Champlain Hudson Power Express (CHPE) link between Quebec and New York City, it deploys long distances underground and underwater, to bypass legacy transmission bottlenecks and meet the growing demand for clean power. Using Hitachi’s HVDC Light technology, CHPE will transfer up to 1,250 megawatts of electricity, enough to power 1 million New York homes.

Hitachi’s HVDC for clean energy transmission

As a New York City mandate requiring the installation of electric appliances comes into force, demand for electricity in the city will grow. With HVDC Light’s ability to promote resource diversity to overall resource reliability, the CHPE system will be better equipped to meet the increase in electricity consumption.

HVDC Light further supports the state’s climate goals by maintaining a low environmental impact, and its converter stations likewise have a small carbon footprint. The CHPE project is expected to create 1,400 jobs from the construction phase, bringing $50 billion in economic benefits to New York state. The impact of the project is projected to be equal to removing 44% of passenger vehicles from the city. ^^

Hitachi’s work on the CHPE system reflects the company’s commitment to deploying technology to achieve social good by making it feasible to achieve critical sustainability goals.

Discover how Hitachi is driving social innovation and digital transformation in Energy:

Sources

^ https://www.governor.ny.gov/news/governor-hochul-announces-new-framework-achieve-nation-leading-six-gigawatts-energy-storage#:~:text=Today's%20announcement%20supports%20the%20Climate,zero%2Demission%20electricity%20by%202040.

^^ PA Knowledge Limited, “Champlain Hudson Power Express,” May 10, 2021, https://chpexpress.com/wp-content/uploads/2021/05/PA-Consulting-Tier-4-REC-Bid-Report_05-10-2021.pdf

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reasonsforhope · 4 months ago

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African poverty is partly a consequence of energy poverty. In every other continent the vast majority of people have access to electricity. In Africa 600m people, 43% of the total, cannot readily light their homes or charge their phones. And those who nominally have grid electricity find it as reliable as a Scottish summer. More than three-quarters of African firms experience outages; two-fifths say electricity is the main constraint on their business.

If other sub-Saharan African countries had enjoyed power as reliable as South Africa’s from 1995 to 2007, then the continent’s rate of real GDP growth per person would have been two percentage points higher, more than doubling the actual rate, according to one academic paper. Since then South Africa has also had erratic electricity. So-called “load-shedding” is probably the main reason why the economy has shrunk in four of the past eight quarters.

Solar power is increasingly seen as the solution. Last year Africa installed a record amount of photovoltaic (PV) capacity (though this still made up just 1% of the total added worldwide), notes the African Solar Industry Association (AFSIA), a trade group. Globally most solar PV is built by utilities, but in Africa 65% of new capacity over the past two years has come from large firms contracting directly with developers. These deals are part of a decentralised revolution that could be of huge benefit to African economies.

Ground zero for the revolution is South Africa. Last year saw a record number of blackouts imposed by Eskom, the state-run utility, whose dysfunctional coal-fired power stations regularly break down or operate at far below capacity. Fortunately, as load-shedding was peaking, the costs of solar systems were plummeting.

Between 2019 and 2023 the cost of panels fell by 15%, having already declined by almost 90% in the 2010s. Meanwhile battery storage systems now cost about half as much as five years ago. Industrial users pay 20-40% less per unit when buying electricity from private project developers than on the cheapest Eskom tariff.

In the past two calendar years the amount of solar capacity in South Africa rose from 2.8GW to 7.8GW, notes AFSIA, excluding that installed on the roofs of suburban homes. All together South Africa’s solar capacity could now be almost a fifth of that of Eskom’s coal-fired power stations (albeit those still have a higher “capacity factor”, or ability to produce electricity around the clock). The growth of solar is a key reason why there has been less load-shedding in 2024...

Over the past decade the number of startups providing “distributed renewable energy” (DRE) has grown at a clip. Industry estimates suggest that more than 400m Africans get electricity from solar home systems and that more than ten times as many “mini-grids”, most of which use solar, were built in 2016-20 than in the preceding five years. In Kenya DRE firms employ more than six times as many people as the largest utility. In Nigeria they have created almost as many jobs as the oil and gas industry.

“The future is an extremely distributed system to an extent that people haven’t fully grasped,” argues Matthew Tilleard of CrossBoundary Group, a firm whose customers range from large businesses to hitherto unconnected consumers. “It’s going to happen here in Africa first and most consequentially.”

Ignite, which operates in nine African countries, has products that include a basic panel that powers three light bulbs and a phone charger, as well as solar-powered irrigation pumps, stoves and internet routers, and industrial systems. Customers use mobile money to “unlock” a pay-as-you-go meter.

Yariv Cohen, Ignite’s CEO, reckons that the typical $3 per month spent by consumers is less than what they previously paid for kerosene and at phone-charging kiosks. He describes how farmers are more productive because they do not have to get home before dark and children are getting better test scores because they study under bulbs. One family in Rwanda used to keep their two cows in their house because they feared rustlers might come in the dark; now the cattle snooze al fresco under an outside lamp and the family gets more sleep.

...That is one eye-catching aspect of Africa’s solar revolution. But most of the continent is undergoing a more subtle—and significant—experiment in decentralised, commercially driven solar power. It is a trend that could both transform African economies and offer lessons to the rest of the world."

-via The Economist, June 18, 2024. Paragraph breaks added.

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batboyblog · 2 months ago

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Things the Biden-Harris Administration Did This Week #34

Sep 13-20 2024.

President Biden announced $1.3 billion in new funding for Historically Black Colleges and Universities. The Biden-Harris Administration has already invested a record breaking $17 billion in HBCUs since the President took office. HBCUs represent an important engine for making black professionals. 40% of all Black engineers, 50% of all Black teachers, 70% of all Black doctors and dentists, 80% of all Black judges, and the first black Vice-President, Kamala Harris, are HBCU graduates. HBCUs have also been proven to be far better at boosting the long term economic prospects of graduates than non-HBCU colleges. The bulk of the new funding will go directly to supporting students and helping them pay for college.

The Department of Transportation celebrated 60,000 infrastructure projects funding by the Biden-Harris Bipartisan Infrastructure Law. This landmark is a part of the Biden-Harris team's effort to address America's long neglected infrastructure. From major multi-state projects to small town railway crossings every project was lead by a local community in need not a make-work project dreamed up in Washington

The Department of Energy announced over 3 billion dollars to support the battery sector. The 25 projects across 14 states will help support over 12,000 jobs. Advanced battery technology is key to the shift to a carbon energy free economy. The move is meant to not only boost battery production but also shift it away from China and toward America.

Maine and Rhode Island both launched a partnership with the federal government to help save low income families money on their utility bills. The program offers low and moderate income households aid in updating wiring, switching to energy efficient appliances, and installing heat pumps.

The EPA announced $156 million to help bring solar power to low-income New Mexico residents. This is part of the Biden-Harris Administration’s "Solar for All" project aimed at helping low-income people afford the switch over to solar power. It's expected that 21,750 low-income households in New Mexico will benefit from the money. New Mexicans can expect to save over the next 20 years $311 million in energy costs.

The Department of The Interior announced the first ever leases for wind power in the Gulf of Maine. The leases for 8 areas off the coast of Massachusetts, New Hampshire, and Maine will be sold in late October. The Department believes that once developed the wind power from these leases could produce 13 gigawatts of clean offshore wind energy, enough to power 4.5 million homes. When added to the 15 gigawatts already approved by the Biden-Harris team it brings America close to Biden's 30 gigawatts of clean offshore wind power by 2030.

The Senate approved the appointment of Kevin Ritz to the Court of Appeals for the Sixth Circuit, which covers Kentucky, Michigan, Ohio, and Tennessee. The Senate also approved Mary Kay Costello and Michelle Williams Court to district court judgeships in Pennsylvania and California respectively. Costello is the 12th LGBT judge appointed by President Biden, making him the President to appoint the most LGBT people to the federal bench more than during Obama's 8 years. President Biden has also appointed more black women, such as Judge Court, to the bench than any other President. Judge Court also represents President Biden's move to appoint civil rights attorneys to the bench, Court worked for the ACLU in the mid-90s and was a civil rights expect at HUD in the early 2000s. This brings the total number of judges appointed by Biden to 212.

#Thanks Biden #Joe Biden #kamala harris #HBCU #infrastructure #climate change #green energy #wind power #judges

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