Global Electric Vehicle VRLA Batteries Market Insights, Forecast to 2028

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.
Market Analysis and Insights: Global Electric Vehicle VRLA Batteries Market
Due to the COVID-19 pandemic, the global Electric Vehicle VRLA Batteries market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Absorbed Glass Mat Battery accounting for % of the Electric Vehicle VRLA Batteries global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While OEM segment is altered to an % CAGR throughout this forecast period.
China Electric Vehicle VRLA Batteries market size is valued at US$ million in 2021, while the US and Europe Electric Vehicle VRLA Batteries are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Electric Vehicle VRLA Batteries landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Electric Vehicle VRLA Batteries include Johnson Controls, GS Yuasa, Exide Technologies, Hitachi Chemical, Camel Group, Sebang, Atlas BX, CSIC Power and East Penn, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Electric Vehicle VRLA Batteries capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Electric Vehicle VRLA Batteries by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Electric Vehicle VRLA Batteries Scope and Segment
Electric Vehicle VRLA Batteries market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Electric Vehicle VRLA Batteries market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Absorbed Glass Mat Battery
Gel Battery
Other
Segment by Application
OEM
Automotive Channel
Ecommerce
Wholesale Clubs
Other
By Company
Johnson Controls
GS Yuasa
Exide Technologies
Hitachi Chemical
Camel Group
Sebang
Atlas BX
CSIC Power
East Penn
Banner Batteries
Chuanxi Storage
Exide Industries
Ruiyu Battery
Amara Raja
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E