According to a new report by Future Market Insights, the global lead acid battery market is expected to grow at a CAGR of 5.2% from 2021 to 2031. The report also states that the automotive segment is expected to be the fastest-growing segment during the forecast period. Various factors such as increase in demand for electric vehicles …
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Demand for a Lead-Acid Battery Market 2021-2031 is Increasing With the Rise in the Sales
The global sales of lead acid battery are set to be valued at over US$ 54.3 Bn in 2021, with a stable long-term projection, according to the latest insights by Future Market Insights (FMI). The report has forecasted the market to expand at over 5.2% CAGR between 2021 and 2031. According to the market analysis by Future …