Lewes, DE -- (SBWIRE) -- 07/20/2018 -- 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 study.

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, C&D 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 study.

Market Segment by Manufacturers, this report covers
Johnson Controls
Exide
CSB Battery
GS Yuasa Corporate
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

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
AGM Battery
GEL Battery

Market Segment by Applications, can be divided into
Automotive Starter
Motorcycles and Electric Bikes
Forklifts and Other Vehicles
UPS
Others

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

Spanning over 149 pages "Forecast of Global Sealed Lead Acid (SLA) Battery Market 2023" report covers Market Overview, Manufacturers Profiles, Global Sealed Lead Acid (SLA) Battery Market Competition, by Manufacturer, Global Sealed Lead Acid (SLA) Battery Market Analysis by Regions, North America Sealed Lead Acid (SLA) Battery by Countries, Type, Application and Manufacturers, Europe Sealed Lead Acid (SLA) Battery by Countries, Type, Application and Manufacturers, Asia-Pacific Sealed Lead Acid (SLA) Battery by Countries, Type, Application and Manufacturers, South America Sealed Lead Acid (SLA) Battery by Countries, Type, Application and Manufacturers, Middle East and Africa Sealed Lead Acid (SLA) Battery by Countries, Type, Application and Manufacturers, Global Sealed Lead Acid (SLA) Battery Market Segment by Type, Global Sealed Lead Acid (SLA) Battery Market Segment by Application, Sealed Lead Acid (SLA) Battery Market Forecast (2018-2023), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.

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