Indonesia s tender for lead-acid batteries for communication base stations

How big is the lead acid battery market in Indonesia?

Indonesia lead acid battery market is set to surpass USD 3 billion by 2032, driven by a thriving automobile sector coupled with a growing inclination toward environmental sustainability. Why is the demand for stationary lead acid battery rising in Indonesia & Malaysia?

How AI affects the lead-acid battery market in Indonesia?

Report with the AI impact on market trends - The Lead-Acid Battery Market in Indonesia size is estimated to grow by USD 67.6 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 3.14% during the forecast period.

Does Indonesia have a lithium-ion battery market?

On the other hand, recently, the battery market has seen widespread adoption of lithium-ion batteries due to their declining costs and increasing energy density. However, Indonesia does not have significant lithium deposits to exploit and has to rely on imports, which could restrain the market during the forecast period.

What drives the Indonesian battery market?

Upcoming battery manufacturing facilities and increasing demand for electric vehicles are likely to drive the Indonesian battery market during the forecast period. On the other hand, recently, the battery market has seen widespread adoption of lithium-ion batteries due to their declining costs and increasing energy density.

How big is the Indonesia battery market?

Get a sample of this industry analysis as a free report PDF download. The Indonesia Battery Market is expected to reach USD 266.55 million in 2025 and grow at a CAGR of greater than 14.30% to reach USD 520.00 million by 2030.

What is flooded lead acid battery market size?

The flooded lead acid battery market size will witness growth rate of over 3% through 2032. The growing use of these units in telecommunications, computer systems, golf carts, and forklifts will positively influence the industry landscape.