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Global Valve Regulated Lead Acid Batteries Market 2016-2020

  • Published: Jun 2016
  • Pages: 104
  • SKU: IRTNTR9684
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This industry research report identifies C&D, Coslight, East Penn Manufacturing, EnerSys, Exide, GS Yuasa, Leoch, and Saft as the key vendors in the global valve regulated lead-acid batteries market. This report also presents a competitive analysis of the market by application (automotive, motive, and stationary), by battery type (GEL and AGM), and by geography (the Americas, APAC, and EMEA).

Global outlook of the valve regulated lead-acid batteries market

Market research analysts at Technavio have predicted that the global valve regulated lead-acid batteries market will grow steadily at a CAGR of about 8% by 2020. Forklifts have become the ideal choice for indoor operations in various sectors, such as automotive industries, iron and steel plants, food and beverages, and radioactive waste handling. As a result, the recent years have witnessed an exponential increase in the market share of electric forklifts. Since valve regulated rechargeable batteries offer high resilience even in difficult environmental conditions involving dirt, chemicals, and vibrations, they have become the ideal choice for use in forklifts. This market study report considers this increasing demand for forklifts as one of the major factors that will augment the growth of the valve regulated lead-acid (VRLA) rechargeable battery market.

It has been observed that sudden losses of power, voltage fluctuations, and power surges are the principle causes of damage to sensitive electronics. The exponential increase in the adoption of electronic devices has increased the dependence on a constant power supply to ensure continuity in daily operations. UPS systems enable constant power supply to electronic devices, prevent loss of data and productivity, protect electrical appliances from distorted power failures, and also regulate power fluctuations. The growing number of power outages will lead to an increasing demand for continuous power supply and storage, which will be a major trend that will gain traction in this market. The availability of cost-efficient labor and raw materials have induced several manufacturers to shift their operations to APAC countries. This market study estimates that the APAC region will account for a significant share of the valve regulated sealed lead acid battery market during the predicted period.

Competitive landscape and key vendors

The market is characterized by the presence of several global, regional, and local VRLA battery manufacturers. Since all players compete to gain a considerable share of the market, the market appears highly competitive. As the market dynamics for lead-acid batteries are volatile, vendors have started making efforts to effectively improve their sales, distribution, and working capital to sustain their operations. To survive the market competition, few major vendors have also started considering joint ventures with regional and local vendors.

The leading vendors in the market are -

  • C&D
  • Coslight
  • East Penn Manufacturing
  • EnerSys
  • Exide
  • GS Yuasa
  • Leoch
  • Saft

The other prominent vendors in the market are Chaowei Power Holdings, China Shoto, Shandong Sacred Sun Power Sources, Tianneng Power, Zhejiang Narada Power Source, Guangdong Dynavolt Power, Zhe Jiang Jujiang Power Manufacturing, German and Austrian Clay Power, Jester Zhejiang Power, Yangzhou Apollo Battery, Hangzhou Haijiu Battery, Battery sales Camel, Shandong Rui Yu Battery, Hangzhou Foreign Trade, Jiangsu New Energy, and Theo Watson.

Segmentation by application and analysis of the valve regulated lead-acid batteries market

  • Automotive
  • Motive
  • Stationary

This market research and analysis estimates that the stationary segment accounted for about 52% of the total share during 2015. This market segment growth is attributed to the increase in demand from golf carts, UPS, motorcycles, and forklifts. Stationary lead-acid batteries are expected to gain more significance in hospitals, cell phones towers, off-grid household systems, grid energy storage, and backup systems in the coming years.

Segmentation by battery type and analysis of the valve regulated lead-acid batteries market

  • Absorbent glass mat (AGM)
  • Gel

According to this market study, the AGM segment will account for about 70% of the total share by 2020 and dominate the valve regulated lead-acid batteries market throughout the forecast period. In addition to good performance in cold temperatures, VRLA AGM batteries offer several other advantages, such as acid encapsulation, water retention, vibration resistance, and also charges several times faster than the other batteries. AGM batteries require very less maintenance making them well suited for marine and military operations in remote locations.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the valve regulated lead-acid batteries market?
  • What are the key market trends impacting the growth of the valve regulated lead-acid batteries market?
  • What are the challenges to market growth?
  • Who are the key vendors in the valve regulated lead-acid batteries market?
  • What are the market opportunities and threats faced by the vendors in the valve regulated lead-acid batteries market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the valve regulated lead-acid batteries market?

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Related reports

Valve regulated lead acid (VRLA) battery is a type of sealed lead acid battery that contains a silica type gel suspending the electrolyte in a paste form. These batteries are packaged in plastic containers and are primarily used for small UPS, inverters, and wheelchairs. Also, these sealed lead acid (SLA) batteries have low maintenance, dependable service, and a low price and are the preferred choice for hospitals and nursing homes. The larger VRLA batteries are used as a power backup for cellular repeater towers, internet hubs, banks, hospitals, and airports.

The report, global valve regulated lead acid batteries market, is part of Technavio’s energy research portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as energy storage, power, oil and gas, smart grid, and waste and waste management. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.

Read More Read Less

Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of  the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Technological overview
  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation  by application

  • Global VRLA battery market by application 2015
  • Global VRLA battery market by application 2020
  • Global VRLA battery market by application 2015-2020
  • Global stationary VRLA battery market
  • Global automotive VRLA battery market
  • Global motive VRLA battery market

PART 07: Market segmentation  by battery type

  • Global VRLA battery market by type 2015
  • Global VRLA battery market by type 2020
  • Global VRLA battery market by type 2015-2020
  • Global AGM VRLA battery market
  • Global gel VRLA battery market

PART 08: Geographical segmentation

  • Global VRLA battery market by geography 2015
  • VRLA battery market in APAC
  • VRLA battery market Americas
  • VRLA battery market in EMEA

PART 09: Market drivers

  • Cost benefit of lead-acid battery over other batteries
  • High demand for forklift applications
  • Advancement in lead-acid battery technology
  • Golf cart as an aid to older population
  • Growing number of power outages

PART 10: Impact of drivers

PART 11: Market challenges

  • Growth in use of Li-ion battery
  • Lead pollution and stringent laws
  • Capacity loss due to sulfation and electrolyte loss
  • Lack of charging infrastructure for golf carts

PART 12: Impact of drivers and challenges

PART 13: Market trends

  • Rise in use of golf carts
  • Greater investments by vendors
  • Advancements in UPS technology
  • Need for continuous power supply and power storage

PART 14: Key leading countries

PART 15: Vendor landscape

  • Competitive landscape
  • Other prominent vendors

PART 16: Key vendor analysis

  • C&D Technologies
  • Coslight Technology
  • East Penn Manufacturing
  • EnerSys
  • Exide Technologies
  • GS Yuasa
  • Leoch International Technology
  • Saft

PART 17: Appendix

  • List of abbreviations

PART 18: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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