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VRLA Batteries-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global VRLA Batteries market size is expected to reach US$ 5998.9 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of VRLA Batteries in various end use industries. The expanding demands from the Telecommunications Industry, Electricity Industry, UPS and Others, are propelling VRLA Batteries market. Absorbed Glass Mat Battery, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Gel Battery segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for VRLA Batteries, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global VRLA Batteries market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global VRLA Batteries market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, VRLA Batteries sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of VRLA Batteries covered in this report include Exide Technologies, GS Battery, Panasonic, Vision Battery, SBS Battery, Fiamm, MCA, Power-Sonic Europe and Southern Battery, etc.
The global VRLA Batteries market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Exide Technologies
GS Battery
Panasonic
Vision Battery
SBS Battery
Fiamm
MCA
Power-Sonic Europe
Southern Battery
Global VRLA Batteries market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global VRLA Batteries market, Segment by Type:
Absorbed Glass Mat Battery
Gel Battery
Global VRLA Batteries market, by Application
Telecommunications Industry
Electricity Industry
UPS
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of VRLA Batteries manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of VRLA Batteries in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global VRLA Batteries market size is expected to reach US$ 5998.9 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of VRLA Batteries in various end use industries. The expanding demands from the Telecommunications Industry, Electricity Industry, UPS and Others, are propelling VRLA Batteries market. Absorbed Glass Mat Battery, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Gel Battery segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for VRLA Batteries, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global VRLA Batteries market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global VRLA Batteries market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, VRLA Batteries sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of VRLA Batteries covered in this report include Exide Technologies, GS Battery, Panasonic, Vision Battery, SBS Battery, Fiamm, MCA, Power-Sonic Europe and Southern Battery, etc.
The global VRLA Batteries market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Exide Technologies
GS Battery
Panasonic
Vision Battery
SBS Battery
Fiamm
MCA
Power-Sonic Europe
Southern Battery
Global VRLA Batteries market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global VRLA Batteries market, Segment by Type:
Absorbed Glass Mat Battery
Gel Battery
Global VRLA Batteries market, by Application
Telecommunications Industry
Electricity Industry
UPS
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of VRLA Batteries manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of VRLA Batteries in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 VRLA Batteries Market Overview
1.1 VRLA Batteries Product Overview
1.2 VRLA Batteries Market Segment by Type
1.2.1 Absorbed Glass Mat Battery
1.2.2 Gel Battery
1.3 Global VRLA Batteries Market Size by Type
1.3.1 Global VRLA Batteries Market Size Overview by Type (2018-2029)
1.3.2 Global VRLA Batteries Historic Market Size Review by Type (2018-2023)
1.3.3 Global VRLA Batteries Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America VRLA Batteries Sales Breakdown by Type (2018-2023)
1.4.2 Europe VRLA Batteries Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific VRLA Batteries Sales Breakdown by Type (2018-2023)
1.4.4 Latin America VRLA Batteries Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa VRLA Batteries Sales Breakdown by Type (2018-2023)
2 Global VRLA Batteries Market Competition by Company
2.1 Global Top Players by VRLA Batteries Sales (2018-2023)
2.2 Global Top Players by VRLA Batteries Revenue (2018-2023)
2.3 Global Top Players by VRLA Batteries Price (2018-2023)
2.4 Global Top Manufacturers VRLA Batteries Manufacturing Base Distribution, Sales Area, Product Type
2.5 VRLA Batteries Market Competitive Situation and Trends
2.5.1 VRLA Batteries Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by VRLA Batteries Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in VRLA Batteries as of 2022)
2.7 Date of Key Manufacturers Enter into VRLA Batteries Market
2.8 Key Manufacturers VRLA Batteries Product Offered
2.9 Mergers & Acquisitions, Expansion
3 VRLA Batteries Status and Outlook by Region
3.1 Global VRLA Batteries Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global VRLA Batteries Historic Market Size by Region
3.2.1 Global VRLA Batteries Sales in Volume by Region (2018-2023)
3.2.2 Global VRLA Batteries Sales in Value by Region (2018-2023)
3.2.3 Global VRLA Batteries Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global VRLA Batteries Forecasted Market Size by Region
3.3.1 Global VRLA Batteries Sales in Volume by Region (2024-2029)
3.3.2 Global VRLA Batteries Sales in Value by Region (2024-2029)
3.3.3 Global VRLA Batteries Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global VRLA Batteries by Application
4.1 VRLA Batteries Market Segment by Application
4.1.1 Telecommunications Industry
4.1.2 Electricity Industry
4.1.3 UPS
4.1.4 Others
4.2 Global VRLA Batteries Market Size by Application
4.2.1 Global VRLA Batteries Market Size Overview by Application (2018-2029)
4.2.2 Global VRLA Batteries Historic Market Size Review by Application (2018-2023)
4.2.3 Global VRLA Batteries Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America VRLA Batteries Sales Breakdown by Application (2018-2023)
4.3.2 Europe VRLA Batteries Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific VRLA Batteries Sales Breakdown by Application (2018-2023)
4.3.4 Latin America VRLA Batteries Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa VRLA Batteries Sales Breakdown by Application (2018-2023)
5 North America VRLA Batteries by Country
5.1 North America VRLA Batteries Historic Market Size by Country
5.1.1 North America VRLA Batteries Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America VRLA Batteries Sales in Volume by Country (2018-2023)
5.1.3 North America VRLA Batteries Sales in Value by Country (2018-2023)
5.2 North America VRLA Batteries Forecasted Market Size by Country
5.2.1 North America VRLA Batteries Sales in Volume by Country (2024-2029)
5.2.2 North America VRLA Batteries Sales in Value by Country (2024-2029)
6 Europe VRLA Batteries by Country
6.1 Europe VRLA Batteries Historic Market Size by Country
6.1.1 Europe VRLA Batteries Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe VRLA Batteries Sales in Volume by Country (2018-2023)
6.1.3 Europe VRLA Batteries Sales in Value by Country (2018-2023)
6.2 Europe VRLA Batteries Forecasted Market Size by Country
6.2.1 Europe VRLA Batteries Sales in Volume by Country (2024-2029)
6.2.2 Europe VRLA Batteries Sales in Value by Country (2024-2029)
7 Asia-Pacific VRLA Batteries by Region
7.1 Asia-Pacific VRLA Batteries Historic Market Size by Region
7.1.1 Asia-Pacific VRLA Batteries Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific VRLA Batteries Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific VRLA Batteries Sales in Value by Region (2018-2023)
7.2 Asia-Pacific VRLA Batteries Forecasted Market Size by Region
7.2.1 Asia-Pacific VRLA Batteries Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific VRLA Batteries Sales in Value by Region (2024-2029)
8 Latin America VRLA Batteries by Country
8.1 Latin America VRLA Batteries Historic Market Size by Country
8.1.1 Latin America VRLA Batteries Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America VRLA Batteries Sales in Volume by Country (2018-2023)
8.1.3 Latin America VRLA Batteries Sales in Value by Country (2018-2023)
8.2 Latin America VRLA Batteries Forecasted Market Size by Country
8.2.1 Latin America VRLA Batteries Sales in Volume by Country (2024-2029)
8.2.2 Latin America VRLA Batteries Sales in Value by Country (2024-2029)
9 Middle East and Africa VRLA Batteries by Country
9.1 Middle East and Africa VRLA Batteries Historic Market Size by Country
9.1.1 Middle East and Africa VRLA Batteries Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa VRLA Batteries Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa VRLA Batteries Sales in Value by Country (2018-2023)
9.2 Middle East and Africa VRLA Batteries Forecasted Market Size by Country
9.2.1 Middle East and Africa VRLA Batteries Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa VRLA Batteries Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Exide Technologies
10.1.1 Exide Technologies Company Information
10.1.2 Exide Technologies Introduction and Business Overview
10.1.3 Exide Technologies VRLA Batteries Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Exide Technologies VRLA Batteries Products Offered
10.1.5 Exide Technologies Recent Development
10.2 GS Battery
10.2.1 GS Battery Company Information
10.2.2 GS Battery Introduction and Business Overview
10.2.3 GS Battery VRLA Batteries Sales, Revenue and Gross Margin (2018-2023)
10.2.4 GS Battery VRLA Batteries Products Offered
10.2.5 GS Battery Recent Development
10.3 Panasonic
10.3.1 Panasonic Company Information
10.3.2 Panasonic Introduction and Business Overview
10.3.3 Panasonic VRLA Batteries Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Panasonic VRLA Batteries Products Offered
10.3.5 Panasonic Recent Development
10.4 Vision Battery
10.4.1 Vision Battery Company Information
10.4.2 Vision Battery Introduction and Business Overview
10.4.3 Vision Battery VRLA Batteries Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Vision Battery VRLA Batteries Products Offered
10.4.5 Vision Battery Recent Development
10.5 SBS Battery
10.5.1 SBS Battery Company Information
10.5.2 SBS Battery Introduction and Business Overview
10.5.3 SBS Battery VRLA Batteries Sales, Revenue and Gross Margin (2018-2023)
10.5.4 SBS Battery VRLA Batteries Products Offered
10.5.5 SBS Battery Recent Development
10.6 Fiamm
10.6.1 Fiamm Company Information
10.6.2 Fiamm Introduction and Business Overview
10.6.3 Fiamm VRLA Batteries Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Fiamm VRLA Batteries Products Offered
10.6.5 Fiamm Recent Development
10.7 MCA
10.7.1 MCA Company Information
10.7.2 MCA Introduction and Business Overview
10.7.3 MCA VRLA Batteries Sales, Revenue and Gross Margin (2018-2023)
10.7.4 MCA VRLA Batteries Products Offered
10.7.5 MCA Recent Development
10.8 Power-Sonic Europe
10.8.1 Power-Sonic Europe Company Information
10.8.2 Power-Sonic Europe Introduction and Business Overview
10.8.3 Power-Sonic Europe VRLA Batteries Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Power-Sonic Europe VRLA Batteries Products Offered
10.8.5 Power-Sonic Europe Recent Development
10.9 Southern Battery
10.9.1 Southern Battery Company Information
10.9.2 Southern Battery Introduction and Business Overview
10.9.3 Southern Battery VRLA Batteries Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Southern Battery VRLA Batteries Products Offered
10.9.5 Southern Battery Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 VRLA Batteries Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 VRLA Batteries Industrial Chain Analysis
11.4 VRLA Batteries Market Dynamics
11.4.1 VRLA Batteries Industry Trends
11.4.2 VRLA Batteries Market Drivers
11.4.3 VRLA Batteries Market Challenges
11.4.4 VRLA Batteries Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 VRLA Batteries Distributors
12.3 VRLA Batteries Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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