Global Deep Cycle Batteries Market 2020-2024

Global Deep Cycle Batteries Market 2020-2024

Technavio has been monitoring the deep cycle batteries market and it is poised to grow by $ 1.90 bn during 2020-2024 progressing at a CAGR of 3% during the forecast period. Our reports on deep cycle batteries market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing use of golf carts among the older population and increased investment in green telecom.

The deep cycle batteries market analysis includes type segment and geographical landscapes

Technavio's deep cycle batteries market is segmented as below:

By Type

  • VRLA batteries
  • FLA batteries
By Geographic Landscapes
  • APAC
  • North America
  • Europe
  • South America
  • MEA
This study identifies the high demand for electric forklift applications as one of the prime reasons driving the deep cycle batteries market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our deep cycle batteries market covers the following areas:
  • Deep cycle batteries market sizing
  • Deep cycle batteries market forecast
  • Deep cycle batteries market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading deep cycle batteries market vendors that include C&D Technologies Inc., Crown Battery Manufacturing Co., East Penn Manufacturing Co. Inc., EnerSys, EverExceed Industrial Co. Ltd., Exide Industries Ltd., Exide Technologies, GS Yuasa Corp., HBL Power Systems Ltd., and Johnson Controls International Plc. Also, the deep cycle batteries market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value Chain Analysis: Electronic components market
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • Service
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 – 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Application
    • Market segments
      • Table Application - Market share 2019-2024 (%)
    • Comparison by Application
      • Table Comparison by Application
    • Stationary - Market size and forecast 2019-2024
      • Table Stationary - Market size and forecast 2019-2024 ($ million)
      • Table Stationary - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Stationary - Year-over-year growth 2019-2024 (%)
    • Automotive - Market size and forecast 2019-2024
      • Table Automotive - Market size and forecast 2019-2024 ($ million)
      • Table Automotive - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Automotive - Year-over-year growth 2019-2024 (%)
    • Motive power - Market size and forecast 2019- 2024
      • Table Motive power - Market size and forecast 2019-2024 ($ million)
      • Table Motive power - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Motive power - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application
  • Market Segmentation by Type
    • Market segments
      • Table Type - Market share 2019-2024 (%)
    • Comparison by Type
      • Table Comparison by Type
    • VRLA batteries - Market size and forecast 2019- 2024
      • Table VRLA batteries - Market size and forecast 2019-2024 ($ million)
      • Table VRLA batteries - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Focus on AGM batteries
        • Table VRLA batteries - Year-over-year growth 2019-2024 (%)
    • FLA batteries - Market size and forecast 2019- 2024
      • Table FLA batteries - Market size and forecast 2019-2024 ($ million)
      • Table FLA batteries - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table FLA batteries - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growing use of golf carts among older population
      • High demand for electric forklift applications
      • Increased investment in green telecom
      • Rise in telecom installations in rural areas
      • Change in global energy mix
      • Rise in power consumption
      • Increasing demand for electric vehicles
    • Market challenges
      • Economics of fuel cell solutions for material handling equipment
      • Growth in use of Li-ion batteries
      • Lead pollution and stringent laws
      • Rise in adoption of hybrid power systems in telecom towers
      • Increasing deployment of microgrids
      • Threat from counterfeit products
        • Table Impact of drivers and challenges
    • Market trends
      • Growing high-speed rail networks in developing nations
      • Energy recovery from braking
      • Need for continuous power supply and power storage
      • Increasing applications of vanadium redox batteries
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
    • Competitive scenario
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • C&D Technologies Inc.
      • Table C&D Technologies Inc. - Overview
      • Table C&D Technologies Inc. - Product and service
      • Table C&D Technologies Inc. - Key offerings
    • Crown Battery Manufacturing Co.
      • Table Crown Battery Manufacturing Co. - Overview
      • Table Crown Battery Manufacturing Co. - Product and service
      • Table Crown Battery Manufacturing Co. - Key offerings
    • East Penn Manufacturing Co. Inc.
      • Table East Penn Manufacturing Co. Inc. - Overview
      • Table East Penn Manufacturing Co. Inc. - Business segments
      • Table East Penn Manufacturing Co. Inc. - Key news
      • Table East Penn Manufacturing Co. Inc. - Key offerings
      • Table East Penn Manufacturing Co. Inc. - Segment focus
    • EnerSys
      • Table EnerSys - Overview
      • Table EnerSys - Business segments
      • Table EnerSys - Key news
      • Table EnerSys - Key offerings
      • Table EnerSys - Segment focus
    • EverExceed Industrial Co. Ltd.
      • Table EverExceed Industrial Co. Ltd. - Overview
      • Table EverExceed Industrial Co. Ltd. - Product and service
      • Table EverExceed Industrial Co. Ltd. - Key offerings
    • Exide Industries Ltd.
      • Table Exide Industries Ltd. - Overview
      • Table Exide Industries Ltd. - Business segments
      • Table Exide Industries Ltd. - Key news
      • Table Exide Industries Ltd. - Key offerings
      • Table Exide Industries Ltd. - Segment focus
    • Exide Technologies
      • Table Exide Technologies - Overview
      • Table Exide Technologies - Business segments
      • Table Exide Technologies - Key news
      • Table Exide Technologies - Key offerings
    • GS Yuasa Corp.
      • Table GS Yuasa Corp. - Overview
      • Table GS Yuasa Corp. - Business segments
      • Table GS Yuasa Corp. - Key offerings
      • Table GS Yuasa Corp. - Segment focus
    • HBL Power Systems Ltd.
      • Table HBL Power Systems Ltd. - Overview
      • Table HBL Power Systems Ltd. - Business segments
      • Table HBL Power Systems Ltd. - Key news
      • Table HBL Power Systems Ltd. - Key offerings
      • Table HBL Power Systems Ltd. - Segment focus
    • Johnson Controls International Plc
      • Table Johnson Controls International Plc - Overview
      • Table Johnson Controls International Plc - Business segments
      • Table Johnson Controls International Plc - Key news
      • Table Johnson Controls International Plc - Key offerings
      • Table Johnson Controls International Plc - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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