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.
Scope of the Report:
This report focuses on the Sealed Lead Acid (SLA) Battery in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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, corporate 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 Yuasa Corporate, Enersys, EAST PENN Manufacturing, Sebang, Atlasbx, Amara Raja, CandD 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.
The worldwide market for Sealed Lead Acid (SLA) Battery is expected to grow at a CAGR of roughly 7.3% over the next five years, will reach 46800 million US$ in 2023, from 30600 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
GS Yuasa Corporate
EAST PENN Manufacturing
First National Battery
Sacred Sun Power Sources
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
Motorcycles and Electric Bikes
Forklifts and Other Vehicles
There are 15 Chapters to deeply display the global Sealed Lead Acid (SLA) Battery market.
Chapter 1, to describe Sealed Lead Acid (SLA) Battery Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Sealed Lead Acid (SLA) Battery, with sales, revenue, and price of Sealed Lead Acid (SLA) Battery, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Sealed Lead Acid (SLA) Battery, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Sealed Lead Acid (SLA) Battery market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Sealed Lead Acid (SLA) Battery sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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