Lead Acid Battery Market Is Anticipated To Expand In The Coming Years
Growing demand in commercial & automotive sector along with interrupted power supply are the major factors driving the Global Lead Acid Battery Market in the forecast period 2024-2028. According to TechSci Research report, Lead Acid Battery Market - Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018-2028, the Global Lead Acid Battery Market is expected to register robust growth during the forecast period, 2024-2028. A battery consists of three basic components: anode, cathode, and electrolyte. Anode is the negative terminal, cathode is the positive, and electrolyte connects these two terminals to drive the electrochemical reaction and produce electricity. A battery consisting of a metal sponge lead anode, a lead dioxide cathode, and a sulfuric acid solution electrolyte is called a lead-acid battery. t contains toxic lead but is recyclable. Some of the factors driving the demand for lead-acid batteries are increasing SLI applications ...