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The research report on valve regulated lead acid (VRLA) batteries market segments the global market by product type (Absorbent Glass Mat (AGM) and Gelled Electrolyte (Gel)), and by application (Automotive, Stationery, Electronics, Aerospace, and Others)
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Valve Regulated Lead Acid (VRLA) Batteries Market - Global Industry Insight, Trends, Outlook, and Opportunity Analysis 2017-2025 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Valve Regulated Lead Acid (VRLA) Batteries Market Overview Market Introduction Valve regulated lead acid (VRLA) batteries are used as a main storage energy, owing to its unique properties such as power density, elimination of gassing, safety profile, and low maintenance cost. This battery is also used for power applications that conventionally depend on cells, which include portable electrical devices and other applications that require affordable large-scale power storage and off-grid power systems. The valve regulated lead acid (VRLA) batteries have two types: the absorbed glass mat (AGM) and Gelled electrolyte (Gel). Market Trend Analysis Major factors affecting growth of the valve regulated lead acid batteries market are increasing consumption of these batteries in the automotive industry mainly in two wheelers. According to India Brand Equity Foundation (IBEF), the production and consumption of two wheelers was significantly high and accounted for about 78.6% of the total automotive sector in the country, for example, two wheeler industry recorded sale of 1.42 million units in October 2016 in India. VRLA batteries gives the superior cranking power and better resistance to vibration and reliable battery also provide low self-discharge. © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Market Taxonomy On the basis of product type, the global valve regulated lead acids is classified into: Absorbent Glass Mat (AGM) Gel electrolytes (GEL) On the basis of applications, the global valve regulated lead acids is classified into: Automotive Stationery Electronics Aerospace Others Request sample Copy of this Report:https://www.coherentmarketinsights.com/insight/request-sample/1622 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION In global valve regulated lead acid batteries market the absorbent glass mat segment is expected to exhibit high growth over the forecast period. AGM offers high performance in cold temperatures along with other advantages such as water retention, vibration resistance acid encapsulation, and also charges much faster than other flooded batteries. Furthermore, AGM batteries require less maintenance. The presence of leading automobile companies which include Toyota, The Ford Motor Company, General Motors, and Fiat Chrysler Automobiles N.V. has augmented the demand for lead acid batteries in North America. According to the International Trade Association, exports of automotive parts from the U.S has shown a steady growth from US$ 5 billion in 2012 to US$ 7.2 billion by 2015. Asia Pacific is expected to witness high growth in the global valve regulatory lead acid market, due to increasing demand from automobile industry, and for application in telecommunication infrastructure, solar and IT industries. Demand for lead acid batteries is increasing from China, owing to increasing adoption in automobile, automotive, low-speed electric vehicle, and communications applications. According to India Brand Equity Foundation (IBEF), in automobile industry, the domestic two wheeler sale was 16.0 million in 2016 and expected to reach 50-55 million by 2026. To Get Discount on this Report: https://www.coherentmarketinsights.com/insight/request-discount/1622 © Coherent market Insights. All Rights Reserved
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