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Gel Battery Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2020-2027

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    Report

  • 185 Pages
  • June 2020
  • Region: Global
  • Allied Market Research
  • ID: 5134142
The global gel battery market was valued at $1.8 billion in 2019, and is projected to reach $2.6 billion by 2027, growing at a CAGR of 4.2% from 2020 to 2027. A gel battery is one of the types of valve regulated lead acid (VRLA) battery. It is maintenance free, as well as versatile. Gel battery produces less fumes and can be used in applications without much ventilation. The electrolyte in the gel battery comprises a silica additive. Its recharge voltages are less than the other kind of lead acid batteries.





The gel battery market is driven by its numerous favorable characteristics such as less maintenance, leak proof, excellent operational ability in different temperature range, no terminal corrosion, and others. However, availability of alternative and sensitivity to overcharging are some of the factors expected to hinder market growth during the forecast period. Lithium-ion battery and absorbent glass mat (AGM) battery are some of the major competition for gel battery market. On the contrary, countries in the developing regions cannot afford lithium-ion batteries, owing to its high prices as compared to gel batteries, which is expected to propel market growth and provide lucrative opportunity during the forecast period.

The global gel battery market is segmented into type, application, and region. Depending on type, the market is classified into 2V, 6V, and 12V. By application, it is fragmented into electric mobility, energy storage & distribution, telecommunication, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS
  • The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the market from 2020 to 2027 determine the prevailing opportunities.
  • A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
  • The market size is provided in terms of revenue.
  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • Profiles of leading players operating in the market are provided to understand the competitive scenario.
  • The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable growth.

KEY MARKET SEGMENTS

By Type
  • 2V
  • 6V
  • 12V

By Application
  • Electric Mobility
  • Energy Storage & Distribution
  • Telecommunication
  • Others

By Region
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • Spain
  • UK
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of LAMEA

Key Market Players
  • Exide Technologies (Exide)
  • BSB Power Company Limited.
  • Leoch International Technology Limited Inc.
  • Power Sonic Corporation (PS Corporation)
  • Storage Battery Systems, LLC (SBS LLC)
  • Canbat Technologies Inc. (Canbat)
  • C&D Technologies, Inc., (C&D)
  • JYC Battery Manufacturing Co., Ltd.
  • B.B. TECH (Changsha) Co., Ltd. (B.B. TECH)
  • Vision Group (Vision)

The other players in the value chain include Coslight India Telecom Pvt. Ltd., Dynavolt Renewable Energy Technology Co., Ltd., Exide Industries Limited, Microtex Energy Private Limited, The Furukawa Battery CO., LTD., KAYO Battery (Shenzhen) Company Limited, Jayachandran Industries (P) Ltd, AGM Technology, Suntech Batteries, Chilwee Group CO., LTD, and others.
Frequently Asked Questions about the Global Gel Battery Market

What is the estimated value of the Global Gel Battery Market?

The Global Gel Battery Market was estimated to be valued at $1.8 billion in 2019.

What is the growth rate of the Global Gel Battery Market?

The growth rate of the Global Gel Battery Market is 4.7%, with an estimated value of $2.6 billion by 2027.

What is the forecasted size of the Global Gel Battery Market?

The Global Gel Battery Market is estimated to be worth $2.6 billion by 2027.

Who are the key companies in the Global Gel Battery Market?

Key companies in the Global Gel Battery Market include Exide Technologies (Exide), BSB Power Company Limited, Leoch International Technology Limited Inc, Power Sonic Corporation (PS Corporation), Storage Battery Systems LLC (SBS LLC), Canbat Technologies Inc (Canbat), C&D Technologies Inc, (C&D) and BB TECH (Changsha) Co Ltd (BB TECH).

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
Chapter 2: Executive Summary
2.1. Key Findings of the Study
2.2. Key Findings
2.2.1. Top Investment Pockets
2.3. CXO Perspective
Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Key Forces Shaping Global Gel Battery Market
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. Cost Effective as Compared to Other Batteries
3.3.1.2. Ease of Recyclability Associated With Valve Regulated Lead Acid (Vrla) Batteries Over Lithium-Ion Batteries
3.3.2. Restraint
3.3.2.1. Availability of Alternatives in the Market
3.3.3. Opportunity
3.3.3.1. Need to Expand Data Centers
3.4. Patent Analysis (2012 to 2019)
3.5. Value Chain of Gel Battery Market
3.6. Impact of Covid-19 Outbreak on the Market
Chapter 4: Gel Battery Market, by Type
4.1. Overview
4.1.1. Market Size and Forecast
4.2. 2V
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis, by Country
4.3. 6V
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis, by Country
4.4. 12V
4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Analysis, by Country
Chapter 5: Gel Battery Market, by Application
5.1. Overview
5.1.1. Market Size and Forecast
5.2. Electric Mobility
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis, by Country
5.3. Energy Storage & Distribution
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Analysis, by Country
5.4. Telecommunication
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Analysis, by Country
5.5. Others
5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Analysis, by Country
Chapter 6: Gel Battery Market, by Region
6.1. Overview
6.1.1. Market Size and Forecast
6.2. North America
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Type
6.2.3. Market Size and Forecast, by Application
6.2.4. Market Size and Forecast, by Country
6.2.5. U. S.
6.2.5.1. Market Size and Forecast, by Type
6.2.5.2. Market Size and Forecast, by Application
6.2.6. Canada
6.2.6.1. Market Size and Forecast, by Type
6.2.6.2. Market Size and Forecast, by Application
6.2.7. Mexico
6.2.7.1. Market Size and Forecast, by Type
6.2.7.2. Market Size and Forecast, by Application
6.3. Europe
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Type
6.3.3. Market Size and Forecast, by Application
6.3.4. Market Size and Forecast, by Country
6.3.5. Germany
6.3.5.1. Market Size and Forecast, by Type
6.3.5.2. Market Size and Forecast, by Application
6.3.6. France
6.3.6.1. Market Size and Forecast, by Type
6.3.6.2. Market Size and Forecast, by Application
6.3.7. Italy
6.3.7.1. Market Size and Forecast, by Type
6.3.7.2. Market Size and Forecast, by Application
6.3.8. Spain
6.3.8.1. Market Size and Forecast, by Type
6.3.8.2. Market Size and Forecast, by Application
6.3.9. UK
6.3.9.1. Market Size and Forecast, by Type
6.3.9.2. Market Size and Forecast, by Application
6.3.10. Rest of Europe
6.3.10.1. Market Size and Forecast, by Type
6.3.10.2. Market Size and Forecast, by Application
6.4. Asia-Pacific
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Type
6.4.3. Market Size and Forecast, by Application
6.4.4. Market Size and Forecast, by Country
6.4.5. China
6.4.5.1. Market Size and Forecast, by Type
6.4.5.2. Market Size and Forecast, by Application
6.4.6. Japan
6.4.6.1. Market Size and Forecast, by Type
6.4.6.2. Market Size and Forecast, by Application
6.4.7. India
6.4.7.1. Market Size and Forecast, by Type
6.4.7.2. Market Size and Forecast, by Application
6.4.8. South Korea
6.4.8.1. Market Size and Forecast, by Type
6.4.8.2. Market Size and Forecast, by Application
6.4.9. Australia
6.4.9.1. Market Size and Forecast, by Type
6.4.9.2. Market Size and Forecast, by Application
6.4.10. Rest of Asia-Pacific
6.4.10.1. Market Size and Forecast, by Type
6.4.10.2. Market Size and Forecast, by Application
6.5. LAMEA
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast, by Type
6.5.3. Market Size and Forecast, by Application
6.5.4. Market Size and Forecast, by Country
6.5.5. Brazil
6.5.5.1. Market Size and Forecast, by Type
6.5.5.2. Market Size and Forecast, by Application
6.5.6. Saudi Arabia
6.5.6.1. Market Size and Forecast, by Type
6.5.6.2. Market Size and Forecast, by Application
6.5.7. Uae
6.5.7.1. Market Size and Forecast, by Type
6.5.7.2. Market Size and Forecast, by Application
6.5.8. South Africa
6.5.8.1. Market Size and Forecast, by Type
6.5.8.2. Market Size and Forecast, by Application
6.5.9. Rest of LAMEA
6.5.9.1. Market Size and Forecast, by Type
6.5.9.2. Market Size and Forecast, by Application
Chapter 7: Competitive Landscape
7.1. Introduction
7.1.1. Market Player Positioning, 2019
7.2. Competitive Heatmap
7.3. Key Developments
7.3.1. New Product Launches
7.3.2. Acquisitions
Chapter 8: Company Profiles
8.1. Exide Technologies
8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Product Portfolio
8.1.4. Key Strategic Moves and Developments
8.2. Bsb Power Company Limited.
8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Product Portfolio
8.3. Leoch International Technology Limited Inc.
8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Product Portfolio
8.3.4. Business Performance
8.4. Power Sonic Corporation
8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Product Portfolio
8.5. Storage Battery Systems, LLC
8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Product Portfolio
8.6. Canbat Technologies Inc.
8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Product Portfolio
8.7. C&D Technologies, Inc.
8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Product Portfolio
8.7.4. Key Strategic Moves and Development
8.8. Jyc Battery Manufacturing Co. Ltd.
8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Product Portfolio
8.9. B. B. Tech (Changsha) Co. Ltd.
8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Product Portfolio
8.10. Vision Group
8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Product Portfolio

Companies Mentioned

  • Exide Technologies (Exide)
  • BSB Power Company Limited
  • Leoch International Technology Limited Inc
  • Power Sonic Corporation (PS Corporation)
  • Storage Battery Systems LLC (SBS LLC)
  • Canbat Technologies Inc (Canbat)
  • C&D Technologies Inc
  • (C&D)
  • JYC Battery Manufacturing Co Ltd
  • BB TECH (Changsha) Co Ltd (BB TECH)
  • Vision Group (Vision)

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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