VALVE REGULATED LEAD ACID (VRLA) BATTERIES MARKET ANALYSIS

Valve Regulated Lead Acid (VRLA) Batteries MarketSize and Trends

Market Trend Analysis

Major factors affecting growth of the valve regulated lead acid batteries market are increasing consumption of these batteries in the automotive industry mainly in two wheelers. According to India Brand Equity Foundation (IBEF), the production and consumption of two wheelers was significantly high and accounted for about 78.6% of the total automotive sector in the country, for example, two wheeler industry recorded sale of 1.42 million units in October 2016 in India. VRLA batteries gives the superior cranking power and better resistance to vibration and reliable battery also provide low self-discharge.  Valve regulated lead acid batteries are preferred, due to its safe handling capability, which is necessary to ensure proper product functionality like emergency lighting, engine starter and telecom backup power supply during the power outages. VRLA batteries are preferred for stationery applications such as monitoring which includes periodic physical inspection, measurement and recording of each cell of battery. Other benefits of VRLA batteries include maintenance free life, high charge efficiency, moderate service life, high rate-capacity, no electrolyte leakage, therefore providing a safe battery for any orientation. In addition to this, VRLA batteries are rechargeable, which is a highly desirable property among consumers in recent times.