Global VRLA Batteries Market Growth 2023-2029

Global VRLA Batteries Market Growth 2023-2029

A VRLA battery, more commonly known as a sealed lead-acid (SLA), gel cell, or maintenance free battery, is a type of lead-acid rechargeable battery. Due to their construction, the Gel and AGM types of VRLA can be mounted in any orientation, and do not require constant maintenance. The term "maintenance free" is a misnomer as VRLA batteries still require cleaning and regular functional testing. They are widely used in large portable electrical devices, off-grid power systems and similar roles, where large amounts of storage are needed at a lower cost than other low-maintenance technologies like lithium-ion.

There are three primary types of VRLA batteries, Sealed VR wet cell[citation needed], AGM and Gel. Gel cells add silica dust to the electrolyte, forming a thick putty-like gel. These are sometimes referred to as "silicone batteries". AGM (absorbed glass mat) batteries feature fiberglass mesh between the battery plates which serves to contain the electrolyte. Both designs offer advantages and disadvantages compared to conventional batteries and sealed VR wet cells, as well as each other.

LPI (LP Information)' newest research report, the “VRLA Batteries Industry Forecast” looks at past sales and reviews total world VRLA Batteries sales in 2022, providing a comprehensive analysis by region and market sector of projected VRLA Batteries sales for 2023 through 2029. With VRLA Batteries sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world VRLA Batteries industry.

This Insight Report provides a comprehensive analysis of the global VRLA Batteries landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on VRLA Batteries portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global VRLA Batteries market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for VRLA Batteries and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global VRLA Batteries.

The global VRLA Batteries market size is projected to grow from US$ 4567.9 million in 2022 to US$ 5904.5 million in 2029; it is expected to grow at a CAGR of 5904.5 from 2023 to 2029.

There are many manufacturers to produce VRLA Batteries, such as Exide Technologies, GS Battery, Panasonic, Vision Battery, SBS Battery, Fiamm, MCA, Power-Sonic Europe, Southern Battery, etc. Exide Technologies is the biggest manufacturer of VRLA Batteries, with about 13% market shares.

Europe and North America are the two main production regions, they are also the main consumption regions. More than 22% of the VRLA Batteries were consumed in Europe, and more than 23% of the VRLA Batteries were consumed in North America, in the future.

This report presents a comprehensive overview, market shares, and growth opportunities of VRLA Batteries market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Absorbed Glass Mat Battery

Gel Battery

Segmentation by application

Telecommunications Industry

Electricity Industry

UPS

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Exide Technologies

GS Battery

Panasonic

Vision Battery

SBS Battery

Fiamm

MCA

Power-Sonic Europe

Southern Battery

Key Questions Addressed in this Report

What is the 10-year outlook for the global VRLA Batteries market?

What factors are driving VRLA Batteries market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do VRLA Batteries market opportunities vary by end market size?

How does VRLA Batteries break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.