Market Overview:
The global Enhanced Flooded Batteries (EFB Batteries) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The motive segment is expected to be the fastest-growing segment in the global EFB batteries market, owing to the increasing demand for electric vehicles across the globe. Asia Pacific is expected to be the fastest-growing region in terms of revenue, owing to the increasing demand for enhanced flooded batteries from OEMs and aftermarket players in countries such as China and India.
 Industry Outlook.svg)
Product Definition:
Enhanced Flooded Batteries are batteries that have been designed to offer improved performance and longer life in comparison to standard flooded lead acid batteries. EFBs typically offer a higher capacity and longer cycle life than their flooded counterparts, making them ideal for use in applications such as backup power systems, solar energy storage systems, and telecommunications applications.
Stationary:
The stationary battery is one of the most important components in an Electric Vehicles (EV) or Hybrid Electric Vehicles (HEV). It stores energy from the rechargeable battery and provides it to the electric motor for propulsion. The growing demand for HEVs has led to a rise in investments by major players such as Volkswagen Group, General Motors, and Nissan among others. These companies have been focusing on developing new technologies that will increase fuel efficiency along with reducing harmful emissions.
Motive:
Motive is an electrical energy storage device used in flooded batteries. It stores the electricity produced by a battery during discharge and re-energizes it during recharge. The main function of the motive unit is to maintain the voltage of a battery at its normal level even if there is no current flow into or out of the battery through its terminals.
The global EFB (Enhanced Flooded Battery) market size was valued at USD 2,867.1 million in 2018.
Application Insights:
The OEM application segment dominated the market in 2017. The major reason for this is that most of the automotive manufacturers are focusing on reducing vehicle emissions by installing electric vehicles. In addition, government regulations such as Low Emissions Vehicle (LEV) standards are driving the demand for EFB batteries across OEMs globally.
The aftermarket application segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to rising consumer awareness regarding energy storage solutions and growing emphasis on renewable energy sources such as solar and wind power in residential and commercial sectors globally. Rising penetration of grid-connected storage systems will also propel industry growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to rapid developments in end-use industries and increasing demand for electric vehicles. The Asia Pacific regional market accounted for a revenue share of more than 30% in 2017, which can be attributed to high industrialization and urban population growth rates, especially in China and India.
The Middle East & Africa (MEA) is also likely to witness significant growth over the coming years owing to rising government initiatives pertaining energy storage as a clean alternative power source. Moreover, growing penetration of renewable energy sources such as solar panels coupled with battery back up systems will drive product demand across MEA countries such as South Africa, Saudi Arabia etc., thereby boosting industry expansion.
North America has been witnessing steady development since last few years on account of increased focus on fuel efficiency along with stringent CAFE standards by U.S Environmental Protection Agency (EPA).
Growth Factors:
- Increasing demand for EFB batteries from the electric vehicle market
- Growing demand for EFB batteries in grid-scale energy storage applications
- Rising popularity of lithium-ion battery technology over lead acid battery technology
- Proliferation of smart grids and renewable energy sources, which are driving the need for efficient energy storage solutions
- Technological advancements that are resulting in higher performance and longer life cycle EFB batteries
Scope Of The Report
Report Attributes
Report Details
Report Title
Enhanced Flooded Batteries (EFB Batteries) Market Research Report
By Type
Stationary, Motive, Others
By Application
OEM, Aftermarket
By Companies
Clarios, Crown Battery Manufacturing, East Penn Manufacturing, EnerSys, Exide Technologies, VARTA, GS Yuasa, Bosch Automotive, Delkor Batteries, NOCO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Enhanced Flooded Batteries (EFB Batteries) Market Report Segments:
The global Enhanced Flooded Batteries (EFB Batteries) market is segmented on the basis of:
Types
Stationary, Motive, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Clarios
- Crown Battery Manufacturing
- East Penn Manufacturing
- EnerSys
- Exide Technologies
- VARTA
- GS Yuasa
- Bosch Automotive
- Delkor Batteries
- NOCO
 Market Overview.svg)
Highlights of The Enhanced Flooded Batteries (EFB Batteries) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stationary
- Motive
- Others
- By Application:
- OEM
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Enhanced Flooded Batteries (EFB Batteries) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
EFB batteries are a type of rechargeable battery that have been specifically designed to be submerged in water. This makes them ideal for use in devices that need to be waterproof, such as smart phones and tablets. EFB batteries also have a higher capacity than traditional lithium ion batteries, which means they can hold more power and last longer when used in devices that require frequent charging.
Some of the key players operating in the enhanced flooded batteries (efb batteries) market are Clarios, Crown Battery Manufacturing, East Penn Manufacturing, EnerSys, Exide Technologies, VARTA, GS Yuasa, Bosch Automotive, Delkor Batteries, NOCO.
The enhanced flooded batteries (efb batteries) market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Enhanced Flooded Batteries (EFB Batteries) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Enhanced Flooded Batteries (EFB Batteries) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Enhanced Flooded Batteries (EFB Batteries) Market - Supply Chain
4.5. Global Enhanced Flooded Batteries (EFB Batteries) Market Forecast
4.5.1. Enhanced Flooded Batteries (EFB Batteries) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Enhanced Flooded Batteries (EFB Batteries) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Enhanced Flooded Batteries (EFB Batteries) Market Absolute $ Opportunity
5. Global Enhanced Flooded Batteries (EFB Batteries) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Type
5.3.1. Stationary
5.3.2. Motive
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Enhanced Flooded Batteries (EFB Batteries) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Application
6.3.1. OEM
6.3.2. Aftermarket
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Enhanced Flooded Batteries (EFB Batteries) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Enhanced Flooded Batteries (EFB Batteries) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Enhanced Flooded Batteries (EFB Batteries) Demand Share Forecast, 2019-2026
9. North America Enhanced Flooded Batteries (EFB Batteries) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Application
9.4.1. OEM
9.4.2. Aftermarket
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Type
9.7.1. Stationary
9.7.2. Motive
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Enhanced Flooded Batteries (EFB Batteries) Demand Share Forecast, 2019-2026
10. Latin America Enhanced Flooded Batteries (EFB Batteries) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Application
10.4.1. OEM
10.4.2. Aftermarket
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Type
10.7.1. Stationary
10.7.2. Motive
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Enhanced Flooded Batteries (EFB Batteries) Demand Share Forecast, 2019-2026
11. Europe Enhanced Flooded Batteries (EFB Batteries) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Application
11.4.1. OEM
11.4.2. Aftermarket
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Type
11.7.1. Stationary
11.7.2. Motive
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Enhanced Flooded Batteries (EFB Batteries) Demand Share, 2019-2026
12. Asia Pacific Enhanced Flooded Batteries (EFB Batteries) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Application
12.4.1. OEM
12.4.2. Aftermarket
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Type
12.7.1. Stationary
12.7.2. Motive
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Enhanced Flooded Batteries (EFB Batteries) Demand Share, 2019-2026
13. Middle East & Africa Enhanced Flooded Batteries (EFB Batteries) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Application
13.4.1. OEM
13.4.2. Aftermarket
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Enhanced Flooded Batteries (EFB Batteries) Market Size and Volume Forecast by Type
13.7.1. Stationary
13.7.2. Motive
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Enhanced Flooded Batteries (EFB Batteries) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Enhanced Flooded Batteries (EFB Batteries) Market: Market Share Analysis
14.2. Enhanced Flooded Batteries (EFB Batteries) Distributors and Customers
14.3. Enhanced Flooded Batteries (EFB Batteries) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Clarios
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Crown Battery Manufacturing
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. East Penn Manufacturing
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. EnerSys
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Exide Technologies
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. VARTA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GS Yuasa
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bosch Automotive
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Delkor Batteries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NOCO
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
