Market Overview:
The global sealed lead acid (SLA) battery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for SLA batteries from various applications, such as automotive starters, motorcycles and electric bikes, forklifts and other vehicles, UPS systems, and others. In addition, the growing demand for electric vehicles is also contributing to the growth of the global SLA battery market.
 Battery Industry Outlook.svg)
Product Definition:
A Sealed Lead Acid (SLA) Battery is a battery that uses lead acid as its electrolyte. SLA batteries are often used in backup power applications because they can provide a high amount of current for a relatively long period of time.
AGM Battery:
Sealed lead-acid batteries are widely used as a source of energy in various applications across the end-use industries. They are also considered as one of the cost-effective sources of primary energy in comparison to other battery types such as LiPON and NiCd batteries. Sealed lead acid batteries have low self-discharge rate, high charge capacity, and long service life; which makes them suitable for usage in automotive applications where there is a need for starting systems.
GEL Battery:
Gel battery is a lead-based battery with an electrolyte consisting of gel. It offers high power density and excellent thermal stability, which makes it suitable for use in applications requiring a high current density. Gel batteries are rechargeable batteries that offer the convenience of liquid electrolytes without the need for water addition or maintenance.
Application Insights:
Automotive starter was the largest application segment in 2017 and is expected to grow at a CAGR of XX% over the forecast period. Increasing demand for automotive batteries owing to growing sales of electric vehicles is anticipated to drive growth over the coming years. SLA batteries are used in various applications including UPS, industrial power banks, forklifts and other vehicles, motorbikes and electric bikes among others.
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from countries, such as China and India. In 2016, Asia Pacific accounted for a share of more than 50% in terms of battery production owing to availability of cheap labor and raw materials used for manufacturing batteries.
The growing automotive industry across Asia Pacific has led to an increase in demand for AGM batteries which are used as starting batteries in vehicles. Growing usage of these types SLA battery is also supported by increasing penetration rates witnessed by smartphones across various applications including fitness devices, cameras, remote controls, toys etc., thereby driving product sales over the forecast period.
Europe was estimated at USD X million in 2017 and is projected to grow at a CAGR close on half compared with U.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for SLA batteries, as they are used in most electric vehicles.
- Growing demand from renewable energy sector: The global renewable energy market is expected to grow at a CAGR of more than 10% during the forecast period. This will lead to an increase in the demand for SLA batteries, as they are used extensively in renewable energy applications such as solar and wind power plants.
- Rising investment in smart grid infrastructure: The global market for smart grid infrastructure is expected to grow at a CAGR of more than 15% during the forecast period. This will lead to an increase in the demand for SLA batteries, as they are used extensively in smart grids applications such as voltage regulation and frequency control systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sealed Lead Acid (SLA) Battery Market Research Report
By Type
AGM Battery, GEL Battery
By Application
Automotive Starter, Motorcycles and Electric Bikes, Forklifts and Other Vehicles, UPS, Others
By Companies
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
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Sealed Lead Acid (SLA) Battery Market Report Segments:
The global Sealed Lead Acid (SLA) Battery market is segmented on the basis of:
Types
AGM Battery, GEL Battery
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
Automotive Starter, Motorcycles and Electric Bikes, Forklifts and Other Vehicles, UPS, Others
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:
- 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
 Battery Market Overview.svg)
Highlights of The Sealed Lead Acid (SLA) Battery 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:
- AGM Battery
- GEL Battery
- By Application:
- Automotive Starter
- Motorcycles and Electric Bikes
- Forklifts and Other Vehicles
- UPS
- Others
- 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 Sealed Lead Acid (SLA) Battery 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
 Battery 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?
A sealed lead acid battery is a type of rechargeable battery that uses a lead and acid electrolyte. The cells are usually enclosed in an aluminum or plastic case.
Some of the major companies in the sealed lead acid (sla) battery market are 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.
The sealed lead acid (sla) battery 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. Sealed Lead Acid (SLA) Battery 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. Sealed Lead Acid (SLA) Battery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sealed Lead Acid (SLA) Battery Market - Supply Chain
4.5. Global Sealed Lead Acid (SLA) Battery Market Forecast
4.5.1. Sealed Lead Acid (SLA) Battery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sealed Lead Acid (SLA) Battery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sealed Lead Acid (SLA) Battery Market Absolute $ Opportunity
5. Global Sealed Lead Acid (SLA) Battery 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. Sealed Lead Acid (SLA) Battery Market Size and Volume Forecast by Type
5.3.1. AGM Battery
5.3.2. GEL Battery
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sealed Lead Acid (SLA) Battery 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. Sealed Lead Acid (SLA) Battery Market Size and Volume Forecast by Application
6.3.1. Automotive Starter
6.3.2. Motorcycles and Electric Bikes
6.3.3. Forklifts and Other Vehicles
6.3.4. UPS
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sealed Lead Acid (SLA) Battery 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. Sealed Lead Acid (SLA) Battery 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 Sealed Lead Acid (SLA) Battery 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. Sealed Lead Acid (SLA) Battery 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 Sealed Lead Acid (SLA) Battery Demand Share Forecast, 2019-2029
9. North America Sealed Lead Acid (SLA) Battery 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 Sealed Lead Acid (SLA) Battery 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 Sealed Lead Acid (SLA) Battery Market Size and Volume Forecast by Application
9.4.1. Automotive Starter
9.4.2. Motorcycles and Electric Bikes
9.4.3. Forklifts and Other Vehicles
9.4.4. UPS
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sealed Lead Acid (SLA) Battery Market Size and Volume Forecast by Type
9.7.1. AGM Battery
9.7.2. GEL Battery
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 Sealed Lead Acid (SLA) Battery Demand Share Forecast, 2019-2029
10. Latin America Sealed Lead Acid (SLA) Battery 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 Sealed Lead Acid (SLA) Battery 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 Sealed Lead Acid (SLA) Battery Market Size and Volume Forecast by Application
10.4.1. Automotive Starter
10.4.2. Motorcycles and Electric Bikes
10.4.3. Forklifts and Other Vehicles
10.4.4. UPS
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sealed Lead Acid (SLA) Battery Market Size and Volume Forecast by Type
10.7.1. AGM Battery
10.7.2. GEL Battery
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 Sealed Lead Acid (SLA) Battery Demand Share Forecast, 2019-2029
11. Europe Sealed Lead Acid (SLA) Battery 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 Sealed Lead Acid (SLA) Battery 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 Sealed Lead Acid (SLA) Battery Market Size and Volume Forecast by Application
11.4.1. Automotive Starter
11.4.2. Motorcycles and Electric Bikes
11.4.3. Forklifts and Other Vehicles
11.4.4. UPS
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sealed Lead Acid (SLA) Battery Market Size and Volume Forecast by Type
11.7.1. AGM Battery
11.7.2. GEL Battery
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 Sealed Lead Acid (SLA) Battery Demand Share, 2019-2029
12. Asia Pacific Sealed Lead Acid (SLA) Battery 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 Sealed Lead Acid (SLA) Battery 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 Sealed Lead Acid (SLA) Battery Market Size and Volume Forecast by Application
12.4.1. Automotive Starter
12.4.2. Motorcycles and Electric Bikes
12.4.3. Forklifts and Other Vehicles
12.4.4. UPS
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sealed Lead Acid (SLA) Battery Market Size and Volume Forecast by Type
12.7.1. AGM Battery
12.7.2. GEL Battery
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 Sealed Lead Acid (SLA) Battery Demand Share, 2019-2029
13. Middle East & Africa Sealed Lead Acid (SLA) Battery 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 Sealed Lead Acid (SLA) Battery 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 Sealed Lead Acid (SLA) Battery Market Size and Volume Forecast by Application
13.4.1. Automotive Starter
13.4.2. Motorcycles and Electric Bikes
13.4.3. Forklifts and Other Vehicles
13.4.4. UPS
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sealed Lead Acid (SLA) Battery Market Size and Volume Forecast by Type
13.7.1. AGM Battery
13.7.2. GEL Battery
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 Sealed Lead Acid (SLA) Battery Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Sealed Lead Acid (SLA) Battery Market: Market Share Analysis
14.2. Sealed Lead Acid (SLA) Battery Distributors and Customers
14.3. Sealed Lead Acid (SLA) Battery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Johnson Controls
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Exide
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CSB Battery
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GS Yuasa Corporate
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Enersys
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. EAST PENN Manufacturing
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sebang
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Atlasbx
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Amara Raja
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. C&D Technologies
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Trojan
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. First National Battery
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Chaowei Power
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tianneng Power
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Camel
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Fengfan
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Leoch
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Narada Power
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Sacred Sun Power Sources
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Coslight Technology
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
