Lead Acid Battery Industry has seen huge evolution in the
last couple of years.
Worldwide primary and secondary battery demand is projected to rise at a
nearly 7 percent annual pace through 2010 to $73.
6 billion.
China will record
the largest gains of...
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Lead Acid Battery Industry has seen huge evolution in the
last couple of years.
Worldwide primary and secondary battery demand is projected to rise at a
nearly 7 percent annual pace through 2010 to $73.
6 billion.
China will record
the largest gains of any national market, stimulated by healthy economic
growth, ongoing industrialization efforts and rising per capita income.
Annual
demand in the country will climb by more than $7 billion from 2005 to 2010,
and China will surpass the U.
S.
to become the largest battery market in the
world.
Sales increases are also expected to be strong in India, Indonesia,
South Korea, Poland, South Africa, Brazil and Russia for similar reasons
The total Indian storage battery market is approximately estimated at US$
600 Million with the automotive battery segment contributing more than 65
percent of the overall market value.
In terms of volumes, the overall consumption of automotive batteries could be
around 7.
3 million units with the OE segment
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