Lead Acid Battery Market to Surge Considerably; Significant Rise in Data Centers Across Glob to Fuel Market Growth
The global lead acid battery market is expected to grow from an estimated USD 41.6 billion in 2019 to USD 52.5 billion by 2024, at a CAGR of 4.7% during the forecast period. The growth of this market is driven by burgeoning expansion in the automotive industry, rapid technological advancement, development of the telecom sector, and the cost-effectiveness of lead acid battery storage solution.
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