Battery Plate Market

Battery Plate Market

Battery Plate Market Forecasts to 2030 - Global Analysis By Type (Lead-acid Battery Plates, Lithium-ion Battery Plates, Nickel-Cadmium Battery Plates, Nickel-Metal Hydride Battery Plates, Zinc-Air Battery Plates, Alkaline Battery Plates and Other Types), Plate Design, Technology, Application, End User and By Geography

4.8 (17 reviews)
4.8 (17 reviews)
Published: 2024 ID: SMRC25540

This report covers the impact of COVID-19 on this global market

Years Covered


Estimated Year Value (2023)

US $2.88 BN

Projected Year Value (2030)

US $9.51 BN

CAGR (2023 - 2030)


Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

Asia Pacific

Highest Growing Market


According to Stratistics MRC, the Global Battery Plate Market is accounted for $2.88 billion in 2023 and is expected to reach $9.51 billion by 2030 growing at a CAGR of 18.6% during the forecast period. Battery plates are essential components in lead-acid batteries, critical for energy storage. Typically made of lead-based alloys, battery plates facilitate the chemical reactions that store and release energy during charging and discharging cycles. They come in two types: positive and negative plates, each playing a distinct role in the battery's operation. The design and composition of battery plates influence crucial factors like battery capacity, lifespan, and performance, making them fundamental to battery technology advancement.

According to the IEA, in 2022, the demand for automotive lithium-ion (Li-ion) batteries increased significantly by about 65% to reach 550 GWh, up from 330 GWh in 2021. 

Market Dynamics: 


Growing consumer electronics market

With the escalating demand for smartphones, laptops, wearables, and other electronic devices, there arises a critical need for reliable, long-lasting batteries. Battery plates, crucial components within rechargeable batteries, experience heightened demand to meet the power requirements of these gadgets. As consumers seek devices with longer battery life and enhanced performance, manufacturers must innovate battery plate technologies to ensure efficiency and durability. Consequently, the thriving consumer electronics sector continues to drive the growth trajectory of the battery plate market, fostering innovation and advancement.


Environmental concerns

Environmental concerns in battery plates primarily revolve around the extraction and processing of raw materials like lead, which can lead to soil and water contamination if not properly managed. Additionally, the disposal of used batteries poses risks of heavy metal pollution. Heightened environmental regulations and public awareness of these issues drive demand for eco-friendly alternatives, thereby hampering market growth for traditional battery plates.


Rising adoption of renewable energy sources

The rising adoption of renewable energy sources, such as solar and wind power, is lashing the demand for energy storage solutions. As renewable energy generation is intermittent, batteries play a crucial role in storing excess energy for use during periods of low generation or high demand. This trend is propelling the need for advanced battery technologies with efficient and durable battery plates to enhance energy storage capacity and longevity. Consequently, the battery plate market is experiencing significant growth as industries and consumers seek sustainable and reliable energy solutions to mitigate environmental impact and ensure grid stability.


High initial investments

Battery plate production primarily stem from the need for advanced manufacturing technologies, specialized materials, and rigorous quality control measures. These investments encompass R&D costs, infrastructure setup, and skilled labor training. Additionally, high initial investments lead to elevated product costs, deterring potential consumers and hindering widespread adoption of battery technology. This scenario impedes market growth as affordability remains a significant challenge for both industrial and consumer segments, slowing down market expansion.

Covid-19 Impact

The covid-19 pandemic significantly impacted the battery plate market. Disruptions in supply chains and reduced manufacturing activities led to a decline in market growth. Lockdown measures and restrictions on movement also hindered distribution channels and delayed project timelines. However, the market showed resilience as the demand for batteries persisted, particularly in sectors like healthcare, telecommunications, and remote work technologies. Adaptation to new safety protocols and increased focus on renewable energy sources provided some opportunities for market recovery and growth amidst the challenges posed by the pandemic.

The grid plate segment is expected to be the largest during the forecast period

The grid plate segment is estimated to have a lucrative growth. Grid battery plates, features a grid-like structure typically made of lead or lead alloys. These plates serve as the foundation for the deposition of active materials, enabling the flow of electric current within the battery cell. Grid plates provide structural support, enhancing durability and performance, especially in demanding applications such as automotive, industrial, and stationary power systems. Their design facilitates efficient energy storage and release, making grid battery plates integral to the functioning of lead-acid batteries across various sectors. 

The automotive batteries segment is expected to have the highest CAGR during the forecast period

The automotive batteries segment is anticipated to witness the highest CAGR growth during the forecast period. In automotive batteries, battery plates are fundamental components crucial for storing and releasing electrical energy. They play a pivotal role in starting, lighting, and ignition (SLI) systems in vehicles, providing the necessary power to start the engine and support electrical systems. Automotive batteries rely on the design and composition of these plates to ensure reliable performance, especially in harsh operating conditions. Thus, battery plates are indispensable in ensuring the functionality and efficiency of automotive batteries.

Region with largest share:

The battery plate market in the Asia Pacific region is witnessing significant growth driven by increasing demand for energy storage solutions, particularly in emerging economies like China, India, and Southeast Asian countries. Factors such as rapid urbanization, industrialization, and government initiatives promoting renewable energy adoption contribute to market expansion. Additionally, advancements in battery technology, coupled with growing consumer electronics and automotive sectors, further propel market growth. Key players are focusing on research and development activities to enhance product efficiency and meet evolving consumer demands, fostering competition and innovation in the region.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to the region's emphasis on renewable energy sources and sustainable practices. Government initiatives aimed at reducing carbon emissions and promoting electric vehicles are driving market expansion. Technological advancements in battery technology, particularly in the automotive and energy storage sectors, further propel growth. Additionally, increasing investments in research and development activities contribute to innovation and product enhancement. Further, strategic partnerships and collaborations among key players are presenting opportunities in the European battery plate market.

Key players in the market

Some of the key players profiled in the Battery Plate Market include Gravita India Limited, Exide Industries Limited, Johnson Controls, Terra Supreme Battery, East Penn Manufacturing Company, GS Yuasa Corporation, C&D Technologies, Leoch International Technology Limited, Hammond Group, Chaowei Power Holdings Limited, Crown Battery, Narada Power Source Limited, HOPPECKE Batterien GmbH, Northstar Battery, FIAMM Energy Technology, Trojan Battery Company and EnerSys.

Key Developments:

In February 2024, Terra Supreme Battery started production of its Group 31 battery based on composite grid bipolar AGM lead acid chemistry at its plant in the United States. The Group 31 batteries are the initial product offering, targeting sectors including trucking, local delivery, marine, railroad, renewable energy storage in both residential and utility scale, data center back-up power and military market segments.

In November 2023, Exide Technologies, a leading supplier of energy storage solutions for stationary applications, has launched its new Sprinter Pure Power battery range. Specifically developed for use in data center UPS, this latest generation of advanced AGM batteries also serves a broad variety of other applications.

Types Covered:
• Lead-acid Battery Plates
• Lithium-ion Battery Plates
• Nickel-Cadmium Battery Plates
• Nickel-Metal Hydride Battery Plates
• Zinc-Air Battery Plates
• Alkaline Battery Plates
• Other Types

Plate Designs Covered:
• Grid Plate
• Pasted Plate
• Tubular Plate
• Flat Plate
• Prismatic Plate
• Other Plate Designs

Technologies Covered:
• Conventional Flooded Batteries
• Valve-Regulated Lead-Acid (VRLA) Batteries
• Advanced Lead-Acid Batteries
• Flow Batteries
• Other Technologies

Applications Covered:
• Automotive Batteries
• Renewable Energy Storage
• Consumer Electronics Batteries
• Medical Devices Batteries
• Aerospace & Defense Batteries
• Other Applications

End Users Covered:
• Original Equipment Manufacturers (OEMs)
• Aftermarket

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary   
2 Preface    
 2.1 Abstract   
 2.2 Stake Holders  
 2.3 Research Scope  
 2.4 Research Methodology 
  2.4.1 Data Mining 
  2.4.2 Data Analysis 
  2.4.3 Data Validation 
  2.4.4 Research Approach 
 2.5 Research Sources  
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions 
3 Market Trend Analysis  
 3.1 Introduction  
 3.2 Drivers   
 3.3 Restraints  
 3.4 Opportunities  
 3.5 Threats   
 3.6 Technology Analysis 
 3.7 Application Analysis 
 3.8 End User Analysis  
 3.9 Emerging Markets  
 3.10 Impact of Covid-19  
4 Porters Five Force Analysis  
 4.1 Bargaining power of suppliers 
 4.2 Bargaining power of buyers 
 4.3 Threat of substitutes 
 4.4 Threat of new entrants 
 4.5 Competitive rivalry  
5 Global Battery Plate Market, By Type 
 5.1 Introduction  
 5.2 Lead-acid Battery Plates 
 5.3 Lithium-ion Battery Plates 
 5.4 Nickel-Cadmium Battery Plates
 5.5 Nickel-Metal Hydride Battery Plates
 5.6 Zinc-Air Battery Plates 
 5.7 Alkaline Battery Plates 
 5.8 Other Types  
6 Global Battery Plate Market, By Plate Design
 6.1 Introduction  
 6.2 Grid Plate  
 6.3 Pasted Plate  
 6.4 Tubular Plate  
 6.5 Flat Plate   
 6.6 Prismatic Plate  
 6.7 Other Plate Designs  
7 Global Battery Plate Market, By Technology
 7.1 Introduction  
 7.2 Conventional Flooded Batteries
 7.3 Valve-Regulated Lead-Acid (VRLA) Batteries
 7.4 Advanced Lead-Acid Batteries 
 7.5 Flow Batteries  
 7.6 Other Technologies  
8 Global Battery Plate Market, By Application

 8.1 Introduction  
 8.2 Automotive Batteries 
 8.3 Renewable Energy Storage 
 8.4 Consumer Electronics Batteries
 8.5 Medical Devices Batteries 
 8.6 Aerospace & Defense Batteries
 8.7 Other Applications  
9 Global Battery Plate Market, By End User
 9.1 Introduction  
 9.2 Original Equipment Manufacturers (OEMs)
 9.3 Aftermarket  
10 Global Battery Plate Market, By Geography
 10.1 Introduction  
 10.2 North America  
  10.2.1 US  
  10.2.2 Canada  
  10.2.3 Mexico  
 10.3 Europe   
  10.3.1 Germany  
  10.3.2 UK  
  10.3.3 Italy  
  10.3.4 France  
  10.3.5 Spain  
  10.3.6 Rest of Europe 
 10.4 Asia Pacific  
  10.4.1 Japan  
  10.4.2 China  
  10.4.3 India  
  10.4.4 Australia  
  10.4.5 New Zealand 
  10.4.6 South Korea 
  10.4.7 Rest of Asia Pacific 
 10.5 South America  
  10.5.1 Argentina 
  10.5.2 Brazil  
  10.5.3 Chile  
  10.5.4 Rest of South America
 10.6 Middle East & Africa 
  10.6.1 Saudi Arabia 
  10.6.2 UAE  
  10.6.3 Qatar  
  10.6.4 South Africa 
  10.6.5 Rest of Middle East & Africa
11 Key Developments   
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
 11.2 Acquisitions & Mergers 
 11.3 New Product Launch 
 11.4 Expansions  
 11.5 Other Key Strategies 
12 Company Profiling   
 12.1 Gravita India Limited 
 12.2 Exide Industries Limited 
 12.3 Johnson Controls  
 12.4 Terra Supreme Battery 
 12.5 East Penn Manufacturing Company
 12.6 GS Yuasa Corporation 
 12.7 C&D Technologies  
 12.8 Leoch International Technology Limited
 12.9 Hammond Group  
 12.10 Chaowei Power Holdings Limited
 12.11 Crown Battery  
 12.12 Narada Power Source Limited 
 12.13 HOPPECKE Batterien GmbH 
 12.14 Northstar Battery  
 12.15 FIAMM Energy Technology 
 12.16 Trojan Battery Company 
 12.17 EnerSys   
List of Tables    
1 Global Battery Plate Market Outlook, By Region (2021-2030) ($MN)
2 Global Battery Plate Market Outlook, By Type (2021-2030) ($MN)
3 Global Battery Plate Market Outlook, By Lead-acid Battery Plates (2021-2030) ($MN)
4 Global Battery Plate Market Outlook, By Lithium-ion Battery Plates (2021-2030) ($MN)
5 Global Battery Plate Market Outlook, By Nickel-Cadmium Battery Plates (2021-2030) ($MN)
6 Global Battery Plate Market Outlook, By Nickel-Metal Hydride Battery Plates (2021-2030) ($MN)
7 Global Battery Plate Market Outlook, By Zinc-Air Battery Plates (2021-2030) ($MN)
8 Global Battery Plate Market Outlook, By Alkaline Battery Plates (2021-2030) ($MN)
9 Global Battery Plate Market Outlook, By Other Types (2021-2030) ($MN)
10 Global Battery Plate Market Outlook, By Plate Design (2021-2030) ($MN)
11 Global Battery Plate Market Outlook, By Grid Plate (2021-2030) ($MN)
12 Global Battery Plate Market Outlook, By Pasted Plate (2021-2030) ($MN)
13 Global Battery Plate Market Outlook, By Tubular Plate (2021-2030) ($MN)
14 Global Battery Plate Market Outlook, By Flat Plate (2021-2030) ($MN)
15 Global Battery Plate Market Outlook, By Prismatic Plate (2021-2030) ($MN)
16 Global Battery Plate Market Outlook, By Other Plate Designs (2021-2030) ($MN)
17 Global Battery Plate Market Outlook, By Technology (2021-2030) ($MN)
18 Global Battery Plate Market Outlook, By Conventional Flooded Batteries (2021-2030) ($MN)
19 Global Battery Plate Market Outlook, By Valve-Regulated Lead-Acid (VRLA) Batteries (2021-2030) ($MN)
20 Global Battery Plate Market Outlook, By Advanced Lead-Acid Batteries (2021-2030) ($MN)
21 Global Battery Plate Market Outlook, By Flow Batteries (2021-2030) ($MN)
22 Global Battery Plate Market Outlook, By Other Technologies (2021-2030) ($MN)
23 Global Battery Plate Market Outlook, By Application (2021-2030) ($MN)
24 Global Battery Plate Market Outlook, By Automotive Batteries (2021-2030) ($MN)
25 Global Battery Plate Market Outlook, By Renewable Energy Storage (2021-2030) ($MN)
26 Global Battery Plate Market Outlook, By Consumer Electronics Batteries (2021-2030) ($MN)
27 Global Battery Plate Market Outlook, By Medical Devices Batteries (2021-2030) ($MN)
28 Global Battery Plate Market Outlook, By Aerospace & Defense Batteries (2021-2030) ($MN)
29 Global Battery Plate Market Outlook, By Other Applications (2021-2030) ($MN)
30 Global Battery Plate Market Outlook, By End User (2021-2030) ($MN)
31 Global Battery Plate Market Outlook, By Original Equipment Manufacturers (OEMs) (2021-2030) ($MN)
32 Global Battery Plate Market Outlook, By Aftermarket (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.

Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.

For more details about research methodology, kindly write to us at

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