Market Overview:
The global valve regulated lead acid batteries market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for valve regulated lead acid batteries from the automotive, electronics, and aerospace industries. In addition, the growing demand for renewable energy sources is also contributing to the growth of this market. The global valve regulated lead acid batteries market can be segmented on the basis of type into absorbent glass mat (AGM) and gel battery types. AGM battery type is expected to account for a larger share of this market in terms of revenue in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030.
Product Definition:
A Valve Regulated Lead Acid Battery is a battery that has a valve on it that prevents the release of hydrogen gas. This valve also allows for the release of oxygen gas, which helps to keep the battery healthy. These batteries are important because they help to prevent fires and explosions from happening in batteries.
Absorbent Glass Mat (AGM):
Absorbent glass mat (AGM) is a type of battery where the electrolyte is absorbed in the glassy matrix. The material has high surface area and low porosity, which increases its capacitance and lowers its equivalent series electric capacity (ESEC). It offers several advantages over conventional batteries such as lower self-discharge rate, longer life span, higher charge acceptance ratio, stable voltage & current balance at elevated temperatures along with improved safety.
Gel:
Gel is a colloidal dispersion of electrolytes and water. It helps in increasing battery performance by lowering the freezing point of water, thus reducing the formation of ice on the lead plates during charging and discharging. The presence or absence of gel can have an adverse effect on battery performance. The addition or removal of gel from batteries has no effect on its capacity as long as it is within the normal operating temperature range.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growing automotive industry, especially in countries like China, India and Japan is expected to have a positive impact on market growth. Increasing demand for electric vehicles owing to stringent government regulations regarding emission levels is also likely to drive the segment growth over the forecast period.
The other applications include UPS systems, marine and energy storage sectors among others. Other applications are projected to witness significant growth during the forecast period owing to rising investments from various companies across different industries such as oil & gas, healthcare etcetera). These companies are investing heavily in order tomove towards sustainable development by adopting renewable sources of energy such as solar power for their operations or even off-grid solutions for remote areas with no accessto electricity grids etcetera). This trend will further boost product demand during upcoming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness considerable growth over the forecast period owing to increasing demand for automobiles and consumer electronics. Furthermore, growing adoption of renewable energy sources is also anticipated to drive the regional market over the forecast period.
Europe accounted for a significant share of revenue in 2017 due to rising product demand from countries, such as Germany and France. The European Union has implemented strict regulations regarding carbon emissions and other pollutants caused by lead acid batteries, which will further boost their adoption rate across end-use industries including automotive and electronics among others.
Asia Pacific is projected to be one of the fastest-growing regions during the same period owing high consumption rates of electronic products particularly smartphones along with tablets computers etc.
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 VRLA batteries, as they are used in electric vehicles.
- Growing demand from renewable energy sector: The growth of the renewable energy sector is leading to an increase in the demand for VRLA batteries, as they are used in solar and wind power systems.
- Rising investment in grid infrastructure: There has been a significant rise in investment by governments and private companies alike in grid infrastructure across the world. This is expected to drive the growth of the VRLA battery market during the forecast period.
- Proliferation of smart grids: Smart grids are being increasingly adopted worldwide as they help reduce wastage and improve efficiency across electricity networks .This is likely to boostthegrowthofVRLAbatteriesduringtheforecastperiodaswellastheirapplicationingrid-relatedprojectsandsystems.. 5) Technological advancements: Ongoing technological advancements are resulting innewandimprovedtypesofVRLABatteries,whichwillhelpdrivethelrowthofthesubmarketduringtheforecastperiod
Scope Of The Report
Report Attributes
Report Details
Report Title
Valve Regulated Lead Acid Batteries Market Research Report
By Type
Absorbent Glass Mat (AGM), Gel
By Application
Automotive, Electronics, Aerospace, Other
By Companies
C&D, Coslight, East Penn Manufacturing, EnerSys, Exide, GS Yuasa, Leoch, Saft, 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, Theo Watson
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 Valve Regulated Lead Acid Batteries Market Report Segments:
The global Valve Regulated Lead Acid Batteries market is segmented on the basis of:
Types
Absorbent Glass Mat (AGM), Gel
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, Electronics, Aerospace, Other
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:
- C&D
- Coslight
- East Penn Manufacturing
- EnerSys
- Exide
- GS Yuasa
- Leoch
- Saft
- 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
- Theo Watson
Highlights of The Valve Regulated Lead Acid 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:
- Absorbent Glass Mat (AGM)
- Gel
- By Application:
- Automotive
- Electronics
- Aerospace
- Other
- 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 Valve Regulated Lead Acid 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.
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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 lead acid battery is a type of battery that uses lead as one or more of its active materials. Lead acid batteries are used in a variety of applications, including cars, trucks, motorcycles, and power tools.
Some of the major companies in the valve regulated lead acid batteries market are C&D, Coslight, East Penn Manufacturing, EnerSys, Exide, GS Yuasa, Leoch, Saft, 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, Theo Watson.
The valve regulated lead acid batteries market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Valve Regulated Lead Acid 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. Valve Regulated Lead Acid Batteries Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Valve Regulated Lead Acid Batteries Market - Supply Chain
4.5. Global Valve Regulated Lead Acid Batteries Market Forecast
4.5.1. Valve Regulated Lead Acid Batteries Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Valve Regulated Lead Acid Batteries Market Size (000 Units) and Y-o-Y Growth
4.5.3. Valve Regulated Lead Acid Batteries Market Absolute $ Opportunity
5. Global Valve Regulated Lead Acid 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. Valve Regulated Lead Acid Batteries Market Size and Volume Forecast by Type
5.3.1. Absorbent Glass Mat (AGM)
5.3.2. Gel
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Valve Regulated Lead Acid 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. Valve Regulated Lead Acid Batteries Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Electronics
6.3.3. Aerospace
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Valve Regulated Lead Acid 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. Valve Regulated Lead Acid 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 Valve Regulated Lead Acid 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. Valve Regulated Lead Acid 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 Valve Regulated Lead Acid Batteries Demand Share Forecast, 2019-2029
9. North America Valve Regulated Lead Acid 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 Valve Regulated Lead Acid 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 Valve Regulated Lead Acid Batteries Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Electronics
9.4.3. Aerospace
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Valve Regulated Lead Acid Batteries Market Size and Volume Forecast by Type
9.7.1. Absorbent Glass Mat (AGM)
9.7.2. Gel
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 Valve Regulated Lead Acid Batteries Demand Share Forecast, 2019-2029
10. Latin America Valve Regulated Lead Acid 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 Valve Regulated Lead Acid 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 Valve Regulated Lead Acid Batteries Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Electronics
10.4.3. Aerospace
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Valve Regulated Lead Acid Batteries Market Size and Volume Forecast by Type
10.7.1. Absorbent Glass Mat (AGM)
10.7.2. Gel
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 Valve Regulated Lead Acid Batteries Demand Share Forecast, 2019-2029
11. Europe Valve Regulated Lead Acid 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 Valve Regulated Lead Acid 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 Valve Regulated Lead Acid Batteries Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Electronics
11.4.3. Aerospace
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Valve Regulated Lead Acid Batteries Market Size and Volume Forecast by Type
11.7.1. Absorbent Glass Mat (AGM)
11.7.2. Gel
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 Valve Regulated Lead Acid Batteries Demand Share, 2019-2029
12. Asia Pacific Valve Regulated Lead Acid 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 Valve Regulated Lead Acid 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 Valve Regulated Lead Acid Batteries Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Electronics
12.4.3. Aerospace
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Valve Regulated Lead Acid Batteries Market Size and Volume Forecast by Type
12.7.1. Absorbent Glass Mat (AGM)
12.7.2. Gel
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 Valve Regulated Lead Acid Batteries Demand Share, 2019-2029
13. Middle East & Africa Valve Regulated Lead Acid 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 Valve Regulated Lead Acid 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 Valve Regulated Lead Acid Batteries Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Electronics
13.4.3. Aerospace
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Valve Regulated Lead Acid Batteries Market Size and Volume Forecast by Type
13.7.1. Absorbent Glass Mat (AGM)
13.7.2. Gel
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 Valve Regulated Lead Acid Batteries Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Valve Regulated Lead Acid Batteries Market: Market Share Analysis
14.2. Valve Regulated Lead Acid Batteries Distributors and Customers
14.3. Valve Regulated Lead Acid Batteries Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. C&D
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Coslight
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
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GS Yuasa
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Leoch
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Saft
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Chaowei Power Holdings
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. China Shoto
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shandong Sacred Sun Power Sources
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Tianneng Power
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zhejiang Narada Power Source
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Guangdong Dynavolt 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. Zhe Jiang Jujiang Power Manufacturing
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. German and Austrian Clay Power
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Jester Zhejiang Power
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Yangzhou Apollo Battery
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Hangzhou Haijiu Battery
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Battery sales Camel
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook