DEEP CYCLE BATTERY MARKET, SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In July 2023, GS Yuasa, a battery manufacturer, introduced its latest Pro-Spec range of versatile deep cycle batteries. Distributed by Serfac Limited, these batteries feature plate barrier prevention and separator systems to minimize self-discharge, extend storage periods, increase recharge cycles, and enhance power and reliability.
• In July 2023, Dragonfly Energy, a manufacturer of deep-cycle lithium-ion batteries, unveiled an innovative deep-cycle battery called the 270Ah 12V GC3 ("BBGC3"), also known as the Battle Born Batteries Gamechanger 3.0. This battery, which received a patent in late 2022, is set to receive another patent.
• In November 2021, KiloVault, a provider of renewable energy solutions, introduced the fourth iteration of their HAB series of wall-mount energy storage systems. The HAB V4 offers 7.5 kilowatt-hours of storage capacity, safety features, and expandability with some notable improvements.