Summary
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Asia Pacific VRLA Battery Market
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Asia Pacific VRLA Battery Market Size
Asia Pacific VRLA battery Market was valued at USD 11.3 billion in 2023 and is estimated to grow at a CAGR of over 3.3% between 2024 and 2032. The proliferation of the data centers in line with introduction of new laws governing data security will positively sway the industry growth.
To get key market trends
Valve regulated lead acid also known as sealed lead-acid are maintenance free batteries. These batteries utilize a one-way pressure-relief valve system and provide improved installation & maintenance costs, energy density and more safety. These units offer a cost competitive value proposition to a consumer across diverse end uses amongst a multitude of other competing chemistries.
Asia Pacific VRLA Battery Market Report Attributes
| Key Takeaway | Details |
|---|---|
| Market Size & Growth | |
| Base Year | 2023 |
| Market Size in 2023 | USD 11.3 Billion |
| Forecast Period 2024 - 2032 CAGR | 3.3% |
| Market Size in 2032 | USD 15.2 Billion |
| Key Market Trends | |
| Growth Drivers |
|
| Pitfalls & Challenges |
|
What are the growth opportunities in this market?
Asia Pacific VRLA Battery Market Trends
Intensifying demand for continuous & reliable power along with extensive investments in T&D infrastructure have enhanced pressure on the power grid, driving the product demand. The government is striving toward enhancing its competitiveness in telecommunication fields to stimulate private capital for the expansion of associated infrastructure, stimulating the business growth. Moreover, legislative support aimed toward reinforcing the domestic manufacturing capacity has considerably strengthened the lead acid battery market.
Asia Pacific VRLA Battery Market Analysis
Learn more about the key segments shaping this market
The AGM VRLA battery market will surpass USD 12 billion by 2032. Positive regulatory focus toward the adoption of feasible solar reforms along with government mandates to optimize energy is set to positively impact the industry landscape. Increasing investments across the real estate sector coupled with massive government-supported plans across different economies will fuel the business outlook.
Learn more about the key segments shaping this market
The SLI VRLA battery market size will witness growth rate of over 3% through 2032. Increasing production of commercial & private vehicles along with increasing sales of two-wheelers will positively impact the business landscape. The increasing electrification in conventional passenger vehicles in line with surging popularity of advanced features in cars will fuel the business landscape. Shift in the adoption of start-stop technology by automotive manufacturers will further foster the product penetration.
Looking for region specific data?
The China VRLA battery market is set to reach over USD 6 billion by 2032. The upsurge in the national fleet age along with increasing consumer inclination toward repair & maintenance of automobiles will drive the product penetration. High living standards, soaring disposable income and rising adoption of energy efficient power supply & storage solutions are some of the other imperative factors, which will augment the business landscape.
Asia Pacific VRLA Battery Market Share
Amara Raja Energy & Mobility is a division of the larger Amara Raja Group, one of the prominent Indian conglomerates known for its presence in the automotive battery industry among other sectors. The Energy & Mobility division specifically focuses on lead-acid battery manufacturing and related services, catering to both automotive and industrial applications. It continuously emphasizes technological advancement and innovation in its battery manufacturing processes.
Asia Pacific VRLA Battery Market Companies
Eminent players operating in the Asia Pacific VRLA battery industry include:
- Amara Raja Energy & Mobility Limited
- C&D Technologies Inc.
- Champion Power Tech Co., Limited
- Chaowel Power Holdings Limited
- Clarios
- DEKSON BATTERIES
- EnerSys
- EXIDE INDUSTRIES LTD.
- Furukawa Battery Co., Ltd.
- GS Yuasa International Ltd.
- HOPPECKE Battery GmbH & Co. KG.
- JYC BATTERY MANUFACTURER CO., LTD.
- Leoch International Technology Limited Inc.
- Microtex Energy Private Limited
- MUTLU
- Okaya Power Pvt. Ltd.
- Panasonic Corporation
- PT. Indobatt Industri Permai
- Ritar International Group
- Z-Power Impex Private Limited
Asia Pacific VRLA Battery Industry News
- In July 2022, C&D Technologies has introduced Pure Lead Plus, an VRLA battery designed specifically for critical data center applications. The new product promises a significant reduction in replacement costs, down by 40%, along with a doubling of the life expectancy from 10 to 20 years. These improvements make the battery more reliable and cost-effective, effectively addressing issues such as grid corrosion and paste dry-out, which are typical concerns with traditional VRLA batteries and often lead to a shortened lifespan.
- In February 2022, HOPPECKE Batteries GmbH has unveiled the launch of a cutting-edge Xtreme VR pure lead battery manufacturing facility in Europe. With a strategic focus on expanding its presence in the European market, the company aims to bolster its market share by introducing the Xtreme series batteries tailored specifically for data centers and telecommunication applications.
This Asia Pacific VRLA battery market research report includes in-depth coverage of the industry with estimates & forecast in terms of “Million Units” & “USD Million” from 2019 to 2032, for the following segments:
Market, By Application
- Stationary
- Telecommunications
- UPS
- Control & Switchgear
- Others
- Motive
- SLI
- Automobiles
- Motorcycles
Market, By Technology
- AGM
- GEL
Market, By Sales Channel
- OEM
- Aftermarket
The above information has been provided for the following countries:
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Malaysia
- Thailand
- Philippines
- Vietnam
- Singapore
Frequently Asked Question(FAQ) :
Who are the key leaders in the APAC VRLA battery industry?
Leoch International Technology Limited Inc., Microtex Energy Private Limited, MUTLU, Okaya Power Pvt. Ltd., Panasonic Corporation, PT. Indobatt Industri Permai, Ritar International Group, Z-Power Impex Private Limited, are some of the major VRLA battery companies in Asia Pacific.
How big is the China VRLA battery market?
China VRLA battery industry is expected to cross USD 6 billion by 2032 due to upsurge in the national fleet age along with increasing consumer inclination toward repair & maintenance of automobiles driving product penetration in the country.
Why is the demand for AGM VRLA battery growing in Asia Pacific?
The AGM VRLA battery segment is expected to exceed USD 12 billion by 2032 due to positive regulatory focus toward the adoption of feasible solar reforms along with government mandates to optimize energy.
What is the size of the Asia Pacific VRLA battery market?
Asia Pacific market for VRLA battery was reached USD 11.3 billion in 2023 and is expected to register 3.3% CAGR from 2024 to 2032, owing to the proliferation of the data centers in line with introduction of new laws governing data security worldwide.
