Lead Acid Battery Market Is Likely to Hit a Value Worth US $58.55 Bn by 2020 End
Introduction and rapid acceptance of smart battery will continue to fuel the growth of the market for lead acid battery. The global market for lead acid battery registered the revenues of around US$ 46.8 Bn in 2015, which are likely to climb up by 2016 end. Applications in the transportation industry are expected to attract the highest sales revenues, whereas APAC will remain the largest market registering the maximum consumption of the lead acid battery.
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