The Valve Regulated Lead Acid Battery is a rechargeable battery type, which commonly known as sealed batteries or maintenance-free batteries. Its segment AGM Batteries are the perfect choice for motorcycles and ATVís. This made of several lead-acid cells wired in series in a single container. Valve regulated lead-acid batteries have a structure that requires no water refilling, thereby allowing them to be widely used for various main power supplies as well as UPSs and backup power supplies for telecommunication base stations.This growth is primarily driven by Growing Demand for Electric Forklifts and Increase Adoption of Electronic Devices.
Globally, a noticeable market trend is evident High Demand For Indoor Operations in Automotive, Iron and Steel Plant, Food & Beverages Industries
. Major Manufacturers, such as C&D Technologies (United States), Coslight (India), East Penn Manufacturing (United States), EnerSys (United States), Exide (India), GS Yuasa (Japan), Leoch (Hong Kong), Saft (France), Chaowei Power Holdings (Hong Kong) and China Shoto (China) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In Mar 2019, Concorde Announced FAA Certification for Installation of Concordeís Platinum Series Sealed Lead Acid Batteries. This Is an Upgrade Concordeís Valve Regulated Lead Acid Batteries to Provide Reliable Performance.
- Growing Demand for Electric Forklifts
- Increase Adoption of Electronic Devices
- High Demand For Indoor Operations in Automotive, Iron and Steel Plant, Food & Beverages Industries
- Rise in Demand of Continuous Power Supply and Storage
- Proper Handling, Ventilation and Maintenance Issues Are Some Major Reasons Which Hampering Market Growth
- Short Life Span of Battery another Negative Factor Impacting On Market Growth
The Absorbent Glass Mat Segment Expected High Growth In Future, Because Of Its High Performance in Cold Temperature
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