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Lead-Acid Battery Market Worth USD 10.26 Billion By 2024

The global lead-acid battery market size is expected to grow by USD 10.26 billion during 2020-2024, progressing at a CAGR of over 4% during the forecast period. Download latest version with COVID-19 analysis Free Sample Report

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201108005023/en/

Technavio has announced its latest market research report titled Global Lead-acid Battery 2020-2024 (Graphic: Business Wire)

The focus on renewable energy generation is one of the major factors propelling market growth.

The continuous rise in global energy demand, clean energy initiatives, and subsidies for power generation using sustainable sources is promoting the use of renewable energy sources such as solar and wind. Moreover, renewable energy sources are clean, inexhaustive, less-carbon intensive, and more sustainable compared to fossil fuels. The governments are also undertaking several initiatives to mitigate GHG emissions, which are leading to the shift from conventional sources of energy to renewables to

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Global Motorcycle Batteries Market | Cost Advantage of Lead-acid Batteries Over Lithium-ion Batteries to Boost Market Growth

The global motorcycle batteries market size is poised to grow by 8.63 million units during 2020-2024, progressing at a CAGR of almost 4% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201019005358/en/

Technavio has announced its latest market research report titled Global Motorcycle Batteries Market 2020-2024 (Graphic: Business Wire)

The market is driven by the cost advantage of lead-acid batteries over lithium-ion batteries. Lead-acid batteries have been able to retain their market share in electric vehicle applications even with the introduction of new battery chemistries, such as the lithium-ion

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