Market Scenario
Netscribes' latest market research report titled Lead Acid Battery in India 2017 states that growth in the country's automobile industry and increased need for power backup solutions are playing a significant role in the market's growth. Increased focus of companies to achieve higher sales in the more lucrative replacement market is helping in strong value-wise growth in the market. Growth in various sectors that are highly dependent on the uninterrupted power supply is also resulting in higher demand for lead acid batteries. Government initiatives to develop the renewable energy sector are resulting in the growth of the industrial battery segment. This segment is expected to grow at a faster pace than the automotive segment. The lead acid battery in India is duopolistic in nature, with Exide Industries and Amara Raja Batteries controlling ~50% of the total market. While Exide has a leadership position in the automotive segment, Amara Raja dominates the industrial segment. The two companies are also undertaking several capacity expansion projects to boost production to meet growing demand in the country. Apart from these two companies, other dominant players in the market include HBL Power Systems, AMCO Batteries, Celtek Batteries, Su-Kam Power Systems and Luminous Power Technologies. Although advancements in battery technologies have resulted in the development of more efficient types of batteries such as lithium ion and lithium polymer, the lead acid battery market in India currently faces little threat from them. Coverage: Overview of the lead acid battery market, and historical and forecasted market size data over FY 2014 to FY 2020 Overview of the various segments in the market and their historical and forecasted market size data over FY 2014 to FY 2020 Trade analysis of lead acid batteries in India Qualitative analysis of the major drivers and challenges affecting the market Overview of the competitive scenario in the market, and profiles of major public and private players operating in the market Key recent developments in the market Why Buy? Get a broad understanding of the lead acid battery market in India, its key dynamics, and the current state of the market Gain key knowledge about the market that will help in informed decision making involving marketing, market-entry, market expansion and other business plans Identify key growth opportunities in the industry and make strategic decisions to benefit from it Understand major competitors' business and market dynamics, and respond accordingly
Table of Contents
Slide 1: Executive Summary Socioeconomic Indicators Slide 2: Total Population (2010-2011 2019-2020), Population Density (2010-2011 2019-2020) Slide 3: Sex Ratio (2005, 2010, 2015, 2020), Population by Age Group (2005, 2010, 2015, 2020), Urbanization Trend (2010-2011 2019-2020) Slide 4: Total Fertility Rate (2005-2010, 2010-2015, 2015-2020), Infant Mortality Rate (2005-2010, 2010-2015, 2015-2020), Total Number of Births (2005-2010, 2010-2015, 2015-2020), Total Number of Death (2005-2010, 2010-2015, 2015-2020) Slide 5: Total Literacy Rate (2001, 2011), Rural Literacy (2001, 2011), Urban Literacy (2001, 2011) Slide 6: GDP at Market Prices (2010-2014), FDI (2010-2014), Inflation Rate (2010-2014), Unemployment Rate (2010-2014) Slide 7: Access to Safe Drinking Water (2001, 2011), Exchange Rate (2010-2015) Market Overview Slide 8: Market Definition & Structure Slide 9: Life Cycle of Lead Acid Batteries Slide 10: Lead Acid Battery Market in India Market Overview, Size and Growth (FY 2014 FY 2020e) Slide 11: Automotive Lead Acid Battery Market in India Market Overview, Size and Growth (FY 2014 FY 2020e) and Industrial Lead Acid Battery Market in India Market Overview, Size and Growth (FY 2014 FY 2020e) Slide 12: Porters Five Forces Analysis Trade Analysis Slide 13: Export of Lead Acid Accumulators of a Kind Used for Starting Piston Engine Size (Value-Wise: FY 2013 FY 2017(Apr-Dec); and Volume-Wise: FY 2013 FY 2017(Apr-Dec)) Slide 14: Export of Lead Acid Accumulators of a Kind Used for Starting Piston Engine Country-Wise Segmentation (Value-Wise: FY 2015 and FY 2016; and Volume-Wise: FY 2015 and FY 2016) Slide 15: Import of Lead Acid Accumulators of a Kind Used for Starting Piston Engine Size (Value-Wise: FY 2013 FY 2017(Apr-Dec); and Volume-Wise: FY 2013 FY 2017(Apr-Dec)) Slide 16: Import of Lead Acid Accumulators of a Kind Used for Starting Piston Engine Country-Wise Segmentation (Value-Wise: FY 2015 and FY 2016; and Volume-Wise: FY 2015 and FY 2016) Slide 17: Export of Other Lead Acid Accumulators Size (Value-Wise: FY 2013 FY 2017(Apr-Dec); and Volume-Wise: FY 2013 FY 2017(Apr-Dec)) Slide 18: Export of Other Lead Acid Accumulators Country-Wise Segmentation (Value-Wise: FY 2015 and FY 2016; and Volume-Wise: FY 2015 and FY 2016) Slide 19: Import of Other Lead Acid Accumulators Size (Value-Wise: FY 2013 FY 2017(Apr-Dec); and Volume-Wise: FY 2013 FY 2017(Apr-Dec)) Slide 20: Import of Other Lead Acid Accumulators Country-Wise Segmentation (Value-Wise: FY 2015 and FY 2016; and Volume-Wise: FY 2015 and FY 2016) Market Influencers Slide 21-22: Market Drivers Slide 23: Market Challenges Competitive Landscape Slide 24: List of Major Players Slide 25-40: Profiles of Major Players Recent Developments Slide 42-43: Key Strategic Recommendations Appendix Slide 44: Research Methodology
Methodology
This research report involves complete picture of the market with the help of in-depth secondary and primary research. This research report studies several aspects of the market and analyze vital industry influencers. Extensive secondary research has been conducted using paid as well as open access data sources in order to gather information on the market and parent market. These key findings are then analyzed and validated with the help of in-house data models and primary discussions with key industry participants and experts across the value chain
Research Tools and Models
- Top-Down Approach and Bottom-Up Approach
- QFD Modeling for Market Size and Share Calculation
- Regression, Variable and Impact Analysis
- Penetration Modeling
Qualitative Research
- It comprises briefing about market dynamics and business opportunities and strategies.
- Finally, all the research findings are validated through interviews with in-house industry experts, freelance consultants and key opinion leaders etc.
Quantitative Research
It involves various mathematical tools, models, projection, and sampling techniques. It involves following steps:
- Identification of market variables and market size derivation
- Assessment of future prospects, opportunities and market penetration rates by analyzing product commercialization, regional trends etc.
- Evaluation historical market trends and derivation of present and future year-on-year growth trends
