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VRLA SLI Battery Market Share

Report ID: GMI5690
Published Date: May 2023
Report Format: PDF

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VRLA SLI Battery Market Share

The VRLA SLI battery industry has witnessed an immense potential for growth on account of the development of cost-effective, compact, and efficient units. Major participants are engaged in backward and forward integration with component manufacturers and raw material suppliers in order to gain a competitive advantage in the industry.

The prominent companies operating in the VRLA SLI battery market include:

Clarios
East Penn Manufacturing Company
Enersys
Crown Battery
Banner Batteries
Accumulators Moura SA
GS Yuasa International Ltd
Interstate Batteries
Continental Battery Systems
ACDelco
Amara Raja Group
Hankook & Company Co., Ltd
MOLL Batterien GmbH
FIAMM Energy Technology S.p.A
leoch International Technology Limited Inc
Exide Technologies.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of VRLA SLI battery exceeded USD 9.1 billion in 2023 and is projected to register 3.9% CAGR during 2024 to 2032, owing to the rising advancements in SLI battery technologies.

Demand for AGM-deployed VRLA SLI batteries surpassed USD 6.2 billion in 2022 backed by the increasing popularity of SUVs and light commercial vehicles worldwide.

VRLA SLI battery industry size from the aftermarket sales channel segment is anticipated to witness 4% growth through 2032 due to the increasing need to replace used lead-based batteries.

Asia Pacific VRLA SLI battery industry size was over USD 3.1 billion in 2022 and will witness significant expansion till 2032 due to the rising demand for automobiles and the rapidly expanding vehicle manufacturing base.

Clarios, East Penn Manufacturing Company, Enersys, Crown Battery, Banner Batteries, Accumulators Moura SA, GS Yuasa International Ltd., Interstate Batteries, Continental Battery Systems, ACDelco are some of the leading participants in the VRLA SLI battery business scenario