Global Sealed Lead Acid (SLA) Battery Market Growth 2023-2029

Global Sealed Lead Acid (SLA) Battery Market Growth 2023-2029

Product Code:457085

Published Date: Feb 08,2023

Pages: 123

Region: Global

Category: Energy & Power

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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.

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

This Insight Report provides a comprehensive analysis of the global Sealed Lead Acid (SLA) Battery 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 Sealed Lead Acid (SLA) Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sealed Lead Acid (SLA) Battery market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sealed Lead Acid (SLA) Battery 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 Sealed Lead Acid (SLA) Battery.

The global Sealed Lead Acid (SLA) Battery market size is projected to grow from US$ 40350 million in 2022 to US$ 67720 million in 2029; it is expected to grow at a CAGR of 67720 from 2023 to 2029.

Global Sealed Lead Acid (SLA) Battery key players include Johnson Controls, Exide, CSB Battery, GS Yuasaorate, Enersys, etc. Global top five manufacturers hold a share over 45%.

Asia Pacific is the largest market, with a share over 45%, followed by North America and Europe, both have a share over 40% percent. In terms of product, AGM Battery is the largest segment, with a share over 80%. And in terms of application, the largest application is Automotive Starter, followed by Motorcycles and Electric Bikes.

This report presents a comprehensive overview, market shares, and growth opportunities of Sealed Lead Acid (SLA) Battery market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    AGM Battery
    GEL Battery

Segmentation by application
    Automotive Starter
    Motorcycles and Electric Bikes
    Forklifts and Other Vehicles
    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.
    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

Key Questions Addressed in this Report
What is the 10-year outlook for the global Sealed Lead Acid (SLA) Battery market?
What factors are driving Sealed Lead Acid (SLA) Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sealed Lead Acid (SLA) Battery market opportunities vary by end market size?
How does Sealed Lead Acid (SLA) Battery break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?