Global Sealed Lead Acid (SLA) Battery Sales Market Report 2020

Sealed Lead Acid (SLA) Battery, also called Valve Regulated Lead Acid (VRLA) Batteries, are a lead acid battery that has the sulfuric acid electrolyte coagulated (thickened) so it cannot spill out. They are partially sealed, but have vents in case gases are accidentally released for example by overcharging.
Sealed lead acid batteries are one of the predominantly used batteries in automobiles such as passenger cars, commercial cars and motorcycles. The rapid urbanization and industrialization trend in various developing countries across the globe is one among the chief drivers of lead acid battery market. Increasing requirement of uninterrupted power supply in industries,orate offices, hospitals, research institutions, educational institutes and houses further add to demand of these batteries. Implementation of smart grid projects, deployment of vehicle charging infrastructure, increasing usage of hybrid and electric vehicles, increasing installation of renewable energy systems and increasing span of telecom towers are some of the underlying demand drivers for lead acid battery across the globe.

In global market, the consumption of Sealed Lead Acid (SLA) Battery increases from 209861.05 Million VAh in 2012 to 294841.64 Million VAh in 2016, at a CAGR of 8.87%. In 2016, the global Sealed Lead Acid (SLA) Battery consumption market is led by Asia Pacific, capturing about 51.40% of global Sealed Lead Acid (SLA) Battery sales. North America is the second-largest region-wise market with 22.22% global consumption share.

At present, some of the key players in global Lead Acid Battery market include Johnson Controls, Exide, CSB Battery, GS Yuasaorate, 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.

On the basis of applications the market is segmented as automotive starter, motorcycles and electric bikes, forklifts and other vehicles and UPS. Automotive Starter and Motorcycles and Electric Bikes segments collectively contributed to the 68.58% of market consumptions in 2016. UPS application segment is identified as one of the fastest growing market during the past five years with CAGR of 10.64%.

In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Sealed Lead Acid (SLA) Battery production will show a trend of steady growth.

Market Analysis and Insights: Global Sealed Lead Acid (SLA) Battery Market
The global Sealed Lead Acid (SLA) Battery market size is projected to reach US$ 58950 million by 2026, from US$ 38410 million in 2020, at a CAGR of 7.4% during 2021-2026.

Global Sealed Lead Acid (SLA) Battery Scope and Market Size
The global Sealed Lead Acid (SLA) Battery market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Sealed Lead Acid (SLA) Battery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Sealed Lead Acid (SLA) Battery market is segmented into
AGM Battery
GEL Battery

Segment by Application, the Sealed Lead Acid (SLA) Battery market is segmented into
Automotive Starter
Motorcycles and Electric Bikes
Forklifts and Other Vehicles
UPS
Others

The Sealed Lead Acid (SLA) Battery market is analysed and market size information is provided by regions (countries). Segment by Application, the Sealed Lead Acid (SLA) Battery market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Sealed Lead Acid (SLA) Battery Market Share Analysis
Sealed Lead Acid (SLA) Battery market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Sealed Lead Acid (SLA) Battery business, the date to enter into the Sealed Lead Acid (SLA) Battery market, Sealed Lead Acid (SLA) Battery product introduction, recent developments, etc.

The major vendors covered:
Johnson Controls
Exide
CSB Battery
GS Yuasaorate
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