VRLA Battery Market Analysis

VRLA Battery Market Analysis

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VRLA battery market valuation from the SLI applications is anticipated to reach over USD 18 billion by 2032. VRLA is widely used in Starting, Light, and Ignition (SLI) batteries to ensure safety, reliability, durability, and longer battery life. SLI batteries are required to support faster charging, high-cranking power, and self-charging capacities. The growing production of private and commercial vehicles along with the surging sales of two-wheelers will spur the deployment of SLI systems. Additionally, the increasing consumer demand for advanced automobile features is accelerating the adoption of start-stop technologies, complementing the product penetration. In addition, the advent of electric locomotives worldwide is slated to fuel the demand for VRLA SLI batteries.
 

VRLA battery market from the GEL technology is poised to record 3.3% gains between 2023 and 2032. GEL is a popular VRLA battery technology which offers various advantages, including higher resistance, lower risk of spillage, and reduced electrolyte evaporation. Sealed gel batteries are extensively used in the oil & gas sector due to their robust deep-cycle performance. Since these batteries prevent leaks, are maintenance-free and non-hazardous whilst allowing easy transportation, a large number of oil and gas companies are switching to gel VRLA batteries. The rising number of offshore exploration activities is expected to further propel the adoption of these batteries owing to their ability to withstand harsh environmental conditions.
 

Asia Pacific VRLA battery market is predicted to observe nearly 3.4% growth rate through 2032 driven by the presence of robust automotive sector in the region. APAC countries such as China and India are ramping up automobile production to cater to the growing consumer demand for next-generation mobility. This scenario has prompted the large-scale adoption of power backup solutions. Furthermore, the significant growth of the electric fleet across these countries will offer lucrative scope for product penetration due to the growing spending on repair and maintenance. The rising number of public efforts to establish a strong battery charging infrastructure will also positively influence the industry expansion.