This report studies the global Sealed Lead Acid (SLA) Battery market status and forecast, categorizes the global Sealed Lead Acid (SLA) Battery market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
Sealed Lead Acid (SLA) Battery, also called Valve Regulated Lead Acid (VRLA) Batteries, are a lead acid battery that has the sulfuric acid electrolyte coagulated (thickened) so it cannot spill out. They are partially sealed, but have vents in case gases are accidentally released for example by overcharging.
Highlights of the Global Sealed Lead Acid (SLA) Battery market report:
- A complete framework analysis, including an assessment of the parent market
- An empirical assessment of the trajectory of the market
- Market segmentation up to the second or third level
- Report and evaluation of recent industrial developments
- Major changes in market dynamics
- Emerging niche segments and regional markets
- Historical, present, and prospective size of the market from the perspective of both value and volume
- Market shares and strategies of leading players
- Recommendations to companies to substantiate their foothold in the market
Sealed lead acid batteries are one of the predominantly used batteries in automobiles such as passenger cars, commercial cars and motorcycles. The rapid urbanization and industrialization trend in various developing countries across the globe is one among the chief drivers of lead acid battery market. Increasing requirement of uninterrupted power supply in industries, corporate offices, hospitals, research institutions, educational institutes and houses further add to demand of these batteries. Implementation of smart grid projects, deployment of vehicle charging infrastructure, increasing usage of hybrid and electric vehicles, increasing installation of renewable energy systems and increasing span of telecom towers are some of the underlying demand drivers for lead acid battery across the globe.
In global market, the consumption of Sealed Lead Acid (SLA) Battery increases from 209861.05 Million VAh in 2012 to 294841.64 Million VAh in 2016, at a CAGR of 8.87%. In 2016, the global Sealed Lead Acid (SLA) Battery consumption market is led by Asia Pacific, capturing about 51.40% of global Sealed Lead Acid (SLA) Battery sales. North America is the second-largest region-wise market with 22.22% global consumption share.
At present, some of the key players in global Lead Acid Battery market include Johnson Controls, Exide, CSB Battery, GS Yuasa Corporate, Enersys, EAST PENN Manufacturing, Sebang, Atlasbx, Amara Raja, C&D Technologies, Trojan, First National Battery, Chaowei Power, Tianneng Power, Camel, Fengfan, Leoch, Narada Power, Sacred Sun Power Sources, Coslight Technology.
On the basis of applications the market is segmented as automotive starter, motorcycles and electric bikes, forklifts and other vehicles and UPS. Automotive Starter and Motorcycles and Electric Bikes segments collectively contributed to the 68.58% of market consumptions in 2016. UPS application segment is identified as one of the fastest growing market during the past five years with CAGR of 10.64%.
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Sealed Lead Acid (SLA) Battery production will show a trend of steady growth.
The global Sealed Lead Acid (SLA) Battery market is valued at 30600 million US$ in 2017 and will reach 54200 million US$ by the end of 2025, growing at a CAGR of 7.4% during 2018-2025.
The major manufacturers covered in this report
- Johnson Controls
- CSB Battery
- GS Yuasa Corporate
- EAST PENN Manufacturing
- Amara Raja
- C&D Technologies
- Get More Key Manufaturers
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
- North America
- Southeast Asia
- Other regions (Central & South America, Middle East & Africa)
Download FREE Sample of this Report @ https://www.24marketreports.com/report-sample/global-sealed-lead-acid-battery-2018-445
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- AGM Battery
- GEL Battery
By Application, the market can be split into
- Automotive Starter
- Motorcycles and Electric Bikes
- Forklifts and Other Vehicles
276 5th Avenue, New York , NY 10001,United States
International: (+1) 646 781 7170
Follow Us On linkedin :- https://www.linkedin.com/company/24-market-reports