SLA Batteries Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: SLA Batteries Market covers analysis By Type (General Purpose SLA AGM Batteries, Deep Cycle SLA AGM Batteries, Gel SLA Batteries, UPS SLA AGM Batteries); Application (Emergency Lighting, Security Systems, Back Ups, Consumer Electronics, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Mar 2024

  • Report Code : TIPRE00020662
  • Category : Energy and Power
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

The Global battery market was valued at USD 108.4 billion in the year 2019 and is estimated to grow at a compound annual growth rate (CAGR) of 14.1% from 2020 to 2028. The market growth is attributed to huge demand from the automotive, industrial and portable applications. The automotive applications mainly include rechargeable batteries utilized in non-rechargeable batteries as well as electric vehicles. The rising popularity of consumer electronics on worldwide level is projected to result in the usage of the SLA battery as a product type over the forecast period.

MARKET DYNAMICS

With the pandemic of COVID-19, the industry experienced a negative impact in terms of battery production and sales for Q1 and Q2 of 2020 because a majority of the battery industry supply chain is concentrated in China. But still, the market is estimated to observe substantial growth on account of technological advancements in terms of efficiency, cost-effectiveness, and innovation. Strict emission norms and guidelines by the authorities of developed nations, such as and the United Kingdom the United States, triggered attention towards efficiency and is further expected to drive battery demand.

MARKET SCOPE

The "Global SLA Batteries Market Analysis to 2028" is a specialized and in-depth study of the SLA batteries market with a special focus on the global market trend analysis. The report aims to provide an overview of SLA batteries market with detailed market segmentation by type, application and geography. The global SLA batteries market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading SLA batteries market players and offers key trends and opportunities in the SLA batteries market.

MARKET SEGMENTATION

The global SLA batteries market is segmented on the basis of type and application. On the basis of type, the market is segmented as general purpose SLA AGM Batteries, deep cycle SLA AGM batteries, gel SLA batteries, UPS SLA AGM batteries. On the basis of application, the market is segmented as emergency lighting, security systems, backups, consumer electronics, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global SLA batteries market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The SLA batteries market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report also includes the profiles affecting SLA batteries market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the SLA batteries market in these regions.

World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global SLA batteries market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The SLA batteries market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report also includes the profiles affecting SLA batteries market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the SLA batteries market in these regions.

MARKET PLAYERS

The reports cover key developments in the SLA batteries market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from SLA batteries market are anticipated to lucrative growth opportunities in the future with the rising demand for SLA batteries market. Below mentioned is the list of few companies engaged in the SLA batteries market.
The report also includes the profiles of key SLA batteries market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •   CSB Energy Technology Co., Ltd.
  •   Exide Technologies
  •   FIAMM Energy Technology S.p.A.
  •   IBT Power Limited
  •   Johnson Controls
  •   Panasonic Corporation
  •   Southern Batteries Pvt. Ltd.
  •   Storage Battery Systems, LLC
  •   Vision Group
  •   Yuasa Battery, Inc.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 SLA Batteries Market - By Type
1.3.2 SLA Batteries Market - By Application
1.3.3 SLA Batteries Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. SLA BATTERIES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. SLA BATTERIES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. SLA BATTERIES MARKET - GLOBAL MARKET ANALYSIS
6.1. SLA BATTERIES - GLOBAL MARKET OVERVIEW
6.2. SLA BATTERIES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. SLA BATTERIES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. GENERAL PURPOSE SLA AGM BATTERIES
7.3.1. Overview
7.3.2. General Purpose SLA AGM Batteries Market Forecast and Analysis
7.4. DEEP CYCLE SLA AGM BATTERIES
7.4.1. Overview
7.4.2. Deep Cycle SLA AGM Batteries Market Forecast and Analysis
7.5. GEL SLA BATTERIES
7.5.1. Overview
7.5.2. Gel SLA Batteries Market Forecast and Analysis
7.6. UPS SLA AGM BATTERIES
7.6.1. Overview
7.6.2. UPS SLA AGM Batteries Market Forecast and Analysis
8. SLA BATTERIES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. EMERGENCY LIGHTING
8.3.1. Overview
8.3.2. Emergency Lighting Market Forecast and Analysis
8.4. SECURITY SYSTEMS
8.4.1. Overview
8.4.2. Security Systems Market Forecast and Analysis
8.5. BACK UPS
8.5.1. Overview
8.5.2. Back Ups Market Forecast and Analysis
8.6. CONSUMER ELECTRONICS
8.6.1. Overview
8.6.2. Consumer Electronics Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis

9. SLA BATTERIES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America SLA Batteries Market Overview
9.1.2 North America SLA Batteries Market Forecasts and Analysis
9.1.3 North America SLA Batteries Market Forecasts and Analysis - By Type
9.1.4 North America SLA Batteries Market Forecasts and Analysis - By Application
9.1.5 North America SLA Batteries Market Forecasts and Analysis - By Countries
9.1.5.1 United States SLA Batteries Market
9.1.5.1.1 United States SLA Batteries Market by Type
9.1.5.1.2 United States SLA Batteries Market by Application
9.1.5.2 Canada SLA Batteries Market
9.1.5.2.1 Canada SLA Batteries Market by Type
9.1.5.2.2 Canada SLA Batteries Market by Application
9.1.5.3 Mexico SLA Batteries Market
9.1.5.3.1 Mexico SLA Batteries Market by Type
9.1.5.3.2 Mexico SLA Batteries Market by Application
9.2. EUROPE
9.2.1 Europe SLA Batteries Market Overview
9.2.2 Europe SLA Batteries Market Forecasts and Analysis
9.2.3 Europe SLA Batteries Market Forecasts and Analysis - By Type
9.2.4 Europe SLA Batteries Market Forecasts and Analysis - By Application
9.2.5 Europe SLA Batteries Market Forecasts and Analysis - By Countries
9.2.5.1 Germany SLA Batteries Market
9.2.5.1.1 Germany SLA Batteries Market by Type
9.2.5.1.2 Germany SLA Batteries Market by Application
9.2.5.2 France SLA Batteries Market
9.2.5.2.1 France SLA Batteries Market by Type
9.2.5.2.2 France SLA Batteries Market by Application
9.2.5.3 Italy SLA Batteries Market
9.2.5.3.1 Italy SLA Batteries Market by Type
9.2.5.3.2 Italy SLA Batteries Market by Application
9.2.5.4 United Kingdom SLA Batteries Market
9.2.5.4.1 United Kingdom SLA Batteries Market by Type
9.2.5.4.2 United Kingdom SLA Batteries Market by Application
9.2.5.5 Russia SLA Batteries Market
9.2.5.5.1 Russia SLA Batteries Market by Type
9.2.5.5.2 Russia SLA Batteries Market by Application
9.2.5.6 Rest of Europe SLA Batteries Market
9.2.5.6.1 Rest of Europe SLA Batteries Market by Type
9.2.5.6.2 Rest of Europe SLA Batteries Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific SLA Batteries Market Overview
9.3.2 Asia-Pacific SLA Batteries Market Forecasts and Analysis
9.3.3 Asia-Pacific SLA Batteries Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific SLA Batteries Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific SLA Batteries Market Forecasts and Analysis - By Countries
9.3.5.1 Australia SLA Batteries Market
9.3.5.1.1 Australia SLA Batteries Market by Type
9.3.5.1.2 Australia SLA Batteries Market by Application
9.3.5.2 China SLA Batteries Market
9.3.5.2.1 China SLA Batteries Market by Type
9.3.5.2.2 China SLA Batteries Market by Application
9.3.5.3 India SLA Batteries Market
9.3.5.3.1 India SLA Batteries Market by Type
9.3.5.3.2 India SLA Batteries Market by Application
9.3.5.4 Japan SLA Batteries Market
9.3.5.4.1 Japan SLA Batteries Market by Type
9.3.5.4.2 Japan SLA Batteries Market by Application
9.3.5.5 South Korea SLA Batteries Market
9.3.5.5.1 South Korea SLA Batteries Market by Type
9.3.5.5.2 South Korea SLA Batteries Market by Application
9.3.5.6 Rest of Asia-Pacific SLA Batteries Market
9.3.5.6.1 Rest of Asia-Pacific SLA Batteries Market by Type
9.3.5.6.2 Rest of Asia-Pacific SLA Batteries Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa SLA Batteries Market Overview
9.4.2 Middle East and Africa SLA Batteries Market Forecasts and Analysis
9.4.3 Middle East and Africa SLA Batteries Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa SLA Batteries Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa SLA Batteries Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa SLA Batteries Market
9.4.5.1.1 South Africa SLA Batteries Market by Type
9.4.5.1.2 South Africa SLA Batteries Market by Application
9.4.5.2 Saudi Arabia SLA Batteries Market
9.4.5.2.1 Saudi Arabia SLA Batteries Market by Type
9.4.5.2.2 Saudi Arabia SLA Batteries Market by Application
9.4.5.3 U.A.E SLA Batteries Market
9.4.5.3.1 U.A.E SLA Batteries Market by Type
9.4.5.3.2 U.A.E SLA Batteries Market by Application
9.4.5.4 Rest of Middle East and Africa SLA Batteries Market
9.4.5.4.1 Rest of Middle East and Africa SLA Batteries Market by Type
9.4.5.4.2 Rest of Middle East and Africa SLA Batteries Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America SLA Batteries Market Overview
9.5.2 South and Central America SLA Batteries Market Forecasts and Analysis
9.5.3 South and Central America SLA Batteries Market Forecasts and Analysis - By Type
9.5.4 South and Central America SLA Batteries Market Forecasts and Analysis - By Application
9.5.5 South and Central America SLA Batteries Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil SLA Batteries Market
9.5.5.1.1 Brazil SLA Batteries Market by Type
9.5.5.1.2 Brazil SLA Batteries Market by Application
9.5.5.2 Argentina SLA Batteries Market
9.5.5.2.1 Argentina SLA Batteries Market by Type
9.5.5.2.2 Argentina SLA Batteries Market by Application
9.5.5.3 Rest of South and Central America SLA Batteries Market
9.5.5.3.1 Rest of South and Central America SLA Batteries Market by Type
9.5.5.3.2 Rest of South and Central America SLA Batteries Market by Application

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. SLA BATTERIES MARKET, KEY COMPANY PROFILES
11.1. CSB ENERGY TECHNOLOGY CO., LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. EXIDE TECHNOLOGIES
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. FIAMM ENERGY TECHNOLOGY S.P.A.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. IBT POWER LIMITED
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. JOHNSON CONTROLS
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. PANASONIC CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SOUTHERN BATTERIES PVT. LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. STORAGE BATTERY SYSTEMS, LLC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. VISION GROUP
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. YUASA BATTERY, INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. CSB Energy Technology Co., Ltd.
2. Exide Technologies
3. FIAMM Energy Technology S.p.A.
4. IBT Power Limited
5. Johnson Controls
6. Panasonic Corporation
7. Southern Batteries Pvt. Ltd.
8. Storage Battery Systems, LLC
9. Vision Group
10. Yuasa Battery, Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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