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The stationary lead-acid battery market size is forecast to increase by USD 4.01 billion, at a CAGR of 8.12% between 2023 and 2028. The market is experiencing significant growth due to increased investment in renewable energy and green telecommunication infrastructure. This trend is driven by the need for reliable and cost-effective energy storage solutions. The development of advanced lead-acid batteries, such as Absorbent Glass Mat (AGM) and Gel batteries, is addressing the shortfalls of traditional lead-acid batteries, including maintenance requirements and limited cycle life. However, challenges persist, including the increasing competition from alternative energy storage technologies, such as lithium-ion batteries, and the environmental concerns surrounding the lead content in lead-acid batteries. Despite these challenges, the SLA battery market is expected to continue growing, driven by its established market position, cost-effectiveness, and proven reliability.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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