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Report overview
The global Valve Regulated Lead Acid Batteries (VRLA battery) market was valued at US$ 4804.7 million in 2022 and is projected to reach US$ 6810.6 million by 2029, at a CAGR of 5.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Valve Regulated Lead Acid Batteries (VRLA battery) market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Valve Regulated Lead Acid Batteries (VRLA battery) market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Valve Regulated Lead Acid Batteries (VRLA battery) market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
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.
This report aims to provide a comprehensive presentation of the global market for Valve Regulated Lead Acid Batteries (VRLA battery), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Valve Regulated Lead Acid Batteries (VRLA battery). This report contains market size and forecasts of Valve Regulated Lead Acid Batteries (VRLA battery) in global, including the following market information:
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.
We surveyed the Valve Regulated Lead Acid Batteries (VRLA battery) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Valve Regulated Lead Acid Batteries (VRLA battery) Market, by Battery Capacity, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Valve Regulated Lead Acid Batteries (VRLA battery) Market Segment Percentages, by Battery Capacity, 2022 (%)
Global Valve Regulated Lead Acid Batteries (VRLA battery) Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Valve Regulated Lead Acid Batteries (VRLA battery) Market Segment Percentages, by Application, 2022 (%)
Global Valve Regulated Lead Acid Batteries (VRLA battery) Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Valve Regulated Lead Acid Batteries (VRLA battery) Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Valve Regulated Lead Acid Batteries (VRLA battery) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Valve Regulated Lead Acid Batteries (VRLA battery) revenues share in global market, 2022 (%)
Key companies Valve Regulated Lead Acid Batteries (VRLA battery) sales in global market, 2018-2023 (Estimated), (Units)
Key companies Valve Regulated Lead Acid Batteries (VRLA battery) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: