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Global lead battery market expected to grow from 590 GWh in 2022 to 774 GWh in 2030
Automotive market forecast
12V lead battery market predicted to remain stable, reaching 280,000 MWh by 2030
Value of 12V lead battery market expected to grow to $25BN by 2030, a Compound Annual Growth Rate (CAGR) of +1% between 2015 and 2030
Telecoms market forecast
Lead batteries remain the dominant technology for telecom back-up demand, and the market is expected to grow to over 22 GWh by 2030
UPS market forecast
Lead batteries dominate the UPS battery market providing almost 90% of demand. This market is predicted to grow to 18.1 GWh by 2030
Motive power market forecast
Lead batteries represent almost 80% of motive power battery demand, in applications such as forklift trucks. The market is predicted to grow to 34.2 GWh by 2030.
Energy storage market forecast
Global demand for battery energy storage is predicted to grow to 616 GW by 2030. Lead batteries will be essential to this demand and are already playing a crucial role for utility and renewable energy storage worldwide. Find out more on CBI’s Interactive Map.