Key vendors to focus on improving sales and distribution to gain market shares.
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global lead-acid battery aftermarket in their latest research report. This report also lists 21 other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global lead-acid battery aftermarket is comprised of many global, regional, and local vendors. The market is characterized by intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations. The declining prices of Li-ion batteries and rapidly changing preferences of end-users toward other advanced battery technologies during the forecast period is likely to hinder the growth of the market according to Technavio’s research analysts.
According to Abhay Sinha, a lead analyst at Technavio for research on energy storage, “As stricter standards related to carbon emissions are being imposed across the glove, owing to increasing GHG emissions, investors becoming increasingly wary about investing in the market. New and existing vendors in the market space are making efforts to improve their sales, distribution, and working capital effectively to sustain their operations, as the market dynamics for lead-acid batteries are volatile.”
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Top five vendors in the lead acid battery aftermarket space
East Penn Manufacturing
East Penn Manufacturing is a provider of lead-acid batteries, wires, cable products, and battery accessories. It operates through four subsidiaries — East Penn Canada, East Penn International, Ecoult, and MK Battery. Its distribution networks include over 90 warehouses and distribution locations in the US and Canada. The business segments of the company are classified into transportation, motive power, reserve power, and wire and cable.
Key products: Deka D-series, Deka D-series, Deka MaxPowr, Deka HydraSaver, Deka FastCharge, Deka dominator, Deka maintenance saver, Deka ChargeMate, Deka PowrMate, Deka gel-mate, Deka valve-regulated locomotive batteries, Deka flooded locomotive batteries, Intimidator AGM Batteries, Deka ultimate battery series, Deka EN exact fit series, and Deka gold battery series.
EnerSys
EnerSys engages in the manufacture, marketing, and distribution of industrial batteries and related products, such as outdoor cabinet enclosures, chargers, battery accessories, and power equipment. It offers customer support and related after-market services for industrial batteries. EnerSys markets and sells its products to more than 10,000 customers in over 100 countries via a network of independent representatives, distributors, and its internal sales force.
Key products: DataSafe CX, DataSafe D, DataSafe E, Express, General battery – the general, General battery – HUP, IRONCLAD Deserthog, IRONCLAD Loadhog, IRONCLAD Superhog, IRONCLAD Workhog, Powerbloc TP & FPT, PowerSafe C, PowerSafe D, and PowerSafe OPzS.
Exide Technologies
Exide Technologies serves the complex stored energy needs of customers worldwide. It provides services and systems that enhance vehicle performance and fleet utilization. It aims at reducing the risk of temporary power supply interruptions.
Key products: MARATHON classic, MARATHON excel, MARATHON aqua, SONNENSCHEIN and TENSOR, xGEL, TENSOR, drysafe, Exide premium carbon boost, Exide Excell, Exide equipment, and Exide equipment gel.
GS Yuasa
GS Yuasa engages in the design, manufacture, and market a wide range of batteries, power supply systems, lighting equipment, and other electrical equipment worldwide. The company offers chargers, power tools, sensors and gas generators, battery analyzers, and membrane systems. The company’s R&D division focuses on improving the operational efficiency of the existing products and solutions.
Key products: Small VRLA NP series, Small VRLA portalac series, VRLA UXL series, VRLA UXH series, VRLA PWL series, VRLA SNS series, MSDS (NP, NPH, RE, REH, PE, PXL, PWL flame retardant) batteries, MSDS (NP, PE, PX, PXL non-flame retardant) batteries, MSDS (HSE, MSE, SNS, SE, SUB, UXL, UXH) batteries, MSDS (SNL, STH) batteries, MSDS SLC70-4V batteries, MSDS SLE batteries, and MSDS CS EF batteries.
Johnson Controls
Johnson Controls operates as a diversified technology and industrial company. Its subsidiaries include the Johnson Controls Battery Group and York International. The company operates through three key business segments which include automotive, building efficiency, and power solutions.
Key products: Automotive AGM batteries, Heavy-duty truck AGM batteries, Motorcycle power sports AGM batteries, and OPTIMA AGM batteries.
A more detailed analysis is available in the Technavio report, Global Lead Acid Battery Aftermarket 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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