Vendors to focus on enhancing their sales and distribution networks.
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 UPS battery market in their latest research report. This report also lists 19 other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global market for UPS battery is highly competitive in nature and is characterized by the presence of many global, regional, and local vendors. Factors such as intense competition, rapid advances in technology, frequent changes in government policies, and stringent environmental regulations are the key constrains that slow down market growth. Many vendors are facing losses, and the continuous demand for upgrading and innovation creates additional hurdles for the vendors to sustain themselves in the market.
According to Thanikachalam Chandrasekaran, a lead analyst at Technavio for research on energy storage, “The declining prices of Li-ion batteries and rapidly changing preferences of end-users for other advanced batteries will present a significant challenge for lead-acid battery vendors. New and existing players in the market are emphasizing on improving their sales, distribution, and working capital effectively to sustain their operations.”
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Top five vendors in the UPS battery market space
Amara Raja Power Systems
Amara Raja Power Systems manufactures and markets lead-acid storage batteries. The company caters to industrial and automotive sectors in India. Some of its OEM customers include Ford, Eicher, Daimler, Isuzu Motors, Maruti Suzuki, Benz, Tafe Tractors, Hyundai, Honda, M&M, Tata, and Volvo. Delco, Bosch, Lucas, Cummins, and AC are its private label customers.
Key products: AMARON quanta series.
East Penn Manufacturing
East Penn Manufacturing offers 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 Fahrenheit, Deka high rate series, Deka Unigy II, and Deka Unigy T4.
Eaton
Eaton is a global power management company that provides solutions related to electrical, hydraulic, and mechanical power. The company generates its revenue through two key business segments which include electrical products and electrical systems and services.
Key products: Eaton UPS battery.
EnerSys
EnerSys manufactures, markets, and distributes industrial batteries and related products such as chargers, outdoor cabinet enclosures, power equipment, and battery accessories. It offers related after-market and customer-support services for industrial batteries. EnerSys markets and sells its products in over 100 countries via a network of independent representatives, distributors, and its internal sales force.
Key products: Cyclon, DataSafe CX, D, E, HX, and NPX series, Genesis EP, NP, PowerSafe DDm, OP, OPzS, OPzV, SBS, Plante, V, V Front Terminal, and VM.
Exide Technologies
Exide Technologies serves the complex stored energy needs of customers worldwide. The company provides services and systems that enhance vehicle performance and fleet utilization. It aims at reducing the risk of temporary power supply interruptions. The company operates through its transportation, GNB motive power, and GNB network power segments.
Key products: Absolyte GP Batteries, Absolyte GX Batteries, GNB Flooded Classic H1T, GNB Flooded Classic MCX, GNB Flooded Classic NCN, GNB Flooded Classic NXT, GNB Flooded Classic PDQ/PWQ, GNB Flooded Classic TCXG, Sonnenschein A500, Sonnenschein A700, and Sprinter Bloc Batteries.
A more detailed analysis is available in the Technavio report, Global UPS Battery Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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