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Global Deep Cycle Batteries Market 2017-2021

About Deep Cycle Batteries

Deep cycle batteries can be classified into FLA and VRLA batteries. One of the advantages of deep cycle VRLA batteries is that they can be substituted in any FLA battery application, where FLA batteries may or may not deliver the best of results. Deep cycle VRLA batteries provide ideal solutions because of their unique benefits and features. These batteries are colloquially called sealed lead-acid batteries.

Technavio’s analysts forecast the global deep cycle batteries market to grow at a CAGR of 4.23% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global deep cycle batteries market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of deep cycle batteries.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Deep Cycle Batteries Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • East Penn Manufacturing
  • EnerSys
  • Exide Technologies
  • GS Yuasa
  • Johnson Controls
Other prominent vendors
  • C&D Technologies
  • COSLIGHT
  • Crown Battery
  • DAEJIN BATTERY
  • DMS technologies
  • EverExceed
  • Exide Industries
  • HBL Power Systems
  • HOPPECKE
  • Microtex Energy
  • MIDAC Batteries
  • Navitas System
  • Rolls Battery
  • Storage Battery Systems
  • Su-Kam Power Systems
  • Trojan Battery
  • West Marine
  • Yokohama Trading
Market driver
  • Growing use of golf carts among older population
  • For a full, detailed list, view our report
Market challenge
  • Economics of fuel cell solutions for material handling equipment
  • For a full, detailed list, view our report
Market trend
  • Rise in adoption of hybrid power systems in telecom towers
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Deep Cycle Batteries Market 2017-2021

Technavio recognizes the following companies as the key players in the global deep batteries market: East Penn Manufacturing, EnerSys, Exide Technologies, GS Yuasa, and Johnson Controls

Other Prominent Vendors in the market are: C&D Technologies, COSLIGHT, Crown Battery, DAEJIN BATTERY, DMS technologies, EverExceed, Exide Industries, HBL Power Systems, HOPPECKE, Microtex Energy, MIDAC Batteries, Navitas System, Rolls Battery, Storage Battery Systems, Su-Kam Power Systems, Trojan Battery, West Marine, and Yokohama Trading

Commenting on the report, an analyst from Technavio’s team said: “The telecom industry is growing at a faster pace particularly in the developing nations. More telecom towers have been built in remote locations where the grid connectivity is bad. Hence, remote towers need efficient energy supply that can be provided by a combination of renewable energy sources and the diesel generators for backup. The focus is on hybrid power systems as they have less impact on the environment. This is because hybrid power systems produce less carbon emissions when compared with the legacy power systems that use a different combination of energy types.”

According to the report, in developed countries such as the US, golf carts have become ideal for the elderly population. On an average, a golf cart can achieve a top speed of 25 mph, which is a safe speed. Other than their use in golf centers, these carts are quite handy for chores such as buying groceries and for commuting very short distances. In the US, many elderly people residing in states such as California and Florida are shifting from their gas-powered vehicles to golf carts.

Further, the report states that forklift batteries are used in warehouse applications where the operations extend for three or more shifts in a day. These batteries need to be replaced or charged more than once in a day, which increases the complexity during logistics management. Conventional batteries such as lead-acid battery require a long recharging period, hold less energy with each charge, and have to be replaced every two or three years. To overcome such difficulties, fuel cell systems are used.

Companies Mentioned

East Penn Manufacturing, EnerSys, Exide Technologies, GS Yuasa, Johnson Controls, C&D Technologies, COSLIGHT, Crown Battery, DAEJIN BATTERY, DMS technologies, EverExceed, Exide Industries, HBL Power Systems, HOPPECKE, Microtex Energy, MIDAC Batteries, Navitas System, Rolls Battery, Storage Battery Systems, Su-Kam Power Systems, Trojan Battery, West Marine, Yokohama Trading.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Global battery market: Overview
      • Table Comparison between FLA and VRLA batteries
    • Technological overview
  • Market landscape
    • Market overview
      • Table Global deep cycle batteries market
    • Market size and forecast
      • Table Global deep cycle batteries market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global deep cycle batteries market by application
      • Table Global deep cycle batteries market by application 2016 and 2021 (%)
      • Table Global deep cycle batteries market by application 2016-2021 ($ billions)
    • Stationary deep cycle batteries
      • Table Stationary deep cycle batteries segment of the global deep cycle batteries market 2016-2021 ($ billions)
      • Table Deep cycle batteries in stationary applications
    • Automotive deep cycle batteries
      • Table Automotive deep cycle batteries segment of the global deep cycle batteries market 2016-2021 ($ billions)
      • Table HEV sales in US 2010-2015 (units)
    • Motive power deep cycle batteries
      • Table Motive power deep cycle batteries segment of the global deep cycle batteries market 2016-2021 ($ billions)
      • Table Global forklift demand by region 2008-2015 (units)
      • Table Global golf cart battery market 2015
  • Market segmentation by battery type
    • Global deep cycle batteries market by type
      • Table Global deep cycle batteries market by type 2016 and 2021 (%)
      • Table Global deep cycle batteries market by type 2016-2021 ($ billion)
    • VRLA batteries
      • Table VRLA batteries segment of the global deep cycle batteries market 2016-2021 ($ billions)
      • Table Discharge characteristics of AGM batteries (3 months to 15 months)
    • FLA batteries
      • Table FLA batteries segment of the global deep cycle batteries market 2016-2021 ($ billions)
  • Geographical segmentation
    • Global deep cycle batteries market by geography
      • Table Global deep cycle batteries market by geography 2016 and 2021 (%)
      • Table Global deep cycle batteries market by geography 2016-2021 ($ billions)
    • Deep cycle batteries market in APAC
      • Table Deep cycle batteries market in APAC 2016-2021 ($ billion)
    • Deep cycle batteries market in the Americas
      • Table Deep cycle batteries market in the Americas 2016-2021 ($ billions)
    • Deep cycle batteries market in EMEA
      • Table Deep cycle batteries market in EMEA 2016-2021 ($ billions)
  • Market drivers
    • Growing use of golf carts among older population
    • High demand for electric forklift applications
      • Table Global shipment of forklifts 2012-2015 (thousands of units)
    • Increased investment in green telecom
    • Change in global energy mix
      • Table Share of fossil fuels in global energy mix 2014 and 2035
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Economics of fuel cell solutions for material handling equipment
    • Growth in use of Li-ion batteries
    • Lead pollution and stringent laws
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Rise in adoption of hybrid power systems in telecom towers
      • Table Relationship between batteries and GHG emissions reduction
    • Increasing deployment of microgrids
      • Table Global microgrid installed capacity 2015-2020 (GW)
    • Growing high-speed rail networks in developing nations
      • Table Major high-speed train projects
    • Need for continuous power supply and power storage
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors: Manufacturers and suppliers of deep cycle batteries
  • Key vendor analysis
    • East Penn Manufacturing
      • Table East Penn Manufacturing: Key products
    • EnerSys
      • Table EnerSys: Product segmentation by revenue 2015
      • Table EnerSys: Geographical segmentation by revenue 2015
      • Table EnerSys: Key product portfolio
    • Exide Technologies
      • Table Exide Technologies: key products
    • GS Yuasa
      • Table GS Yuasa: Geographical segmentation by revenue 2015
      • Table GS Yuasa: Key products
    • Johnson Controls
      • Table Johnson Controls product segmentation
      • Table Different brands of batteries offered by company
      • Table Johnson Controls: Key products
  • Appendix
    • List of abbreviations
  • Explore Technavio

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