PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1699493
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1699493
Deep Cycle Battery Market, By Battery Type, By Application, By Geography
Global Deep Cycle Battery Market, is estimated to be valued at USD 2.77 Bn in 2025 and is expected to reach USD 4.73 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.9% from 2025 to 2032.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2024 | Market Size in 2025: | USD 2.77 Bn |
| Historical Data for: | 2020 To 2024 | Forecast Period: | 2025 To 2032 |
| Forecast Period 2025 to 2032 CAGR: | 7.90% | 2032 Value Projection: | USD 4.73 Bn |
The deep cycle battery market has been witnessing steady growth over the past few years driven by the increasing demand for deep cycle batteries from various end-use industries such as agriculture, telecommunication, automotive, and power solutions. Deep cycle batteries are specifically designed to be slowly and deeply discharged, as opposed to rapid discharge in starter batteries. They are rechargeable batteries that provide a steady source of electric power for longer period and deliver a continuous supply of electricity at a moderate rate over an extended period of time. Technological advancements in battery chemistries along with rising emphasis on sustainable energy have further propelled the adoption of deep cycle batteries globally. However, high initial costs and availability of alternative energy sources remain key challenges.
Market Dynamics:
The deep cycle battery market is driven by factors such as growing renewable energy integration, increasing demand for uninterrupted power supply, and rapid expansion of telecommunications sector. However, high costs associated with deep cycle batteries and availability of alternative energy sources hamper the market growth. Growth in solar and wind energy sectors presents significant opportunities in terms of the increasing deployment of energy storage systems using deep cycle batteries. Furthermore, advancements in battery technologies focused on improving performance attributes and reducing costs would help address the challenges and unlock new avenues over the coming years.
Key features of the study:
This report provides an in-depth analysis of the global deep cycle battery market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global deep cycle battery market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include C&D Technologies Inc., Crown Battery Manufacturing Co., East Penn Manufacturing Co. Inc., EnerSys, EverExceed Industrial Co. Ltd., Exide Technologies, GS Yuasa Corp., HBL Power Systems Ltd., Johnson Controls, Microtex Energy Private Limited, Midac S.p.A, Navitas System LLC., Rolls Battery, S. Battery Manufacturing Company, Su-Kam Power Systems, Trojan Battery, U.S. Battery Manufacturing Company, West Marine Inc., and Yokohama Trading N.V. (Suriname)
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global deep cycle battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global deep cycle battery market
Market Segmentation
- By Battery Type
- Flooded deep-cycle batteries
- Sealed deep-cycle batteries
- Absorbed Glass Mat (AGM) batteries
- Gel batteries
- Lithium-ion batteries
- By Application
- Solar Energy Storage
- Off-Grid Power
- Electric Vehicles
- Marine Equipment
- Telecom Backup
- Others
- By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Company Profiles
- C&D Technologies Inc.
- Crown Battery Manufacturing Co.
- East Penn Manufacturing Co. Inc.
- EnerSys
- EverExceed Industrial Co. Ltd.
- Exide Technologies
- GS Yuasa Corp.
- HBL Power Systems Ltd.
- Johnson Controls
- Microtex Energy Private Limited
- Midac S.p.A
- Navitas System LLC.
- Rolls Battery
- Su-Kam Power Systems
- Trojan Battery
- U.S. Battery Manufacturing Company
- West Marine Inc.
- Yokohama Trading N.V. (Suriname)
Table of Contents:
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Battery Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Deep Cycle Battery Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Deep Cycle Battery Market, By Battery Type, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2020 and 2032 (%)
- Y-o-Y Growth Analysis, 2021-2032
- Segment Trends
- Flooded deep-cycle batteries
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Sealed deep-cycle batteries
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Absorbed Glass Mat (AGM) batteries
- Gel batteries
- Lithium-ion batteries
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Global Deep Cycle Battery Market, By Application, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2020 and 2032 (%)
- Y-o-Y Growth Analysis, 2021-2032
- Segment Trends
- Solar Energy Storage
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Off-Grid Power
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Electric Vehicles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Marine Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Telecom Backup
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
7. Global Deep Cycle Battery Market, By Region, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, By Region, 2020 and 2032 (%)
- Y-o-Y Growth Analysis, By Region, 2021-2032
- North America
- Regional Trends
- Market Size and Forecast, By Battery Type, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Application, 2020 - 2032 (USD Billion)
- Market Share Analysis, By Country, 2020 and 2032 (%)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Battery Type, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Application, 2020 - 2032 (USD Billion)
- Market Share Analysis, By Country, 2020 and 2032 (%)
- U.K.
- Germany
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Battery Type, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Application, 2020 - 2032 (USD Billion)
- Market Share Analysis, By Country, 2020 and 2032 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Battery Type, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Application, 2020 - 2032 (USD Billion)
- Market Share Analysis, By Country, 2020 and 2032 (%)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Battery Type, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Application, 2020 - 2032 (USD Billion)
- Market Share Analysis, By Country/Sub-region, 2020 and 2032 (%)
- South Africa
- Israel
- GCC Countries
- Rest of the Middle East & Africa
8. Competitive Landscape
- Company Profiles
- C&D Technologies Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Crown Battery Manufacturing Co.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- East Penn Manufacturing Co. Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- EnerSys
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- EverExceed Industrial Co. Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Exide Technologies
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- GS Yuasa Corp.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- HBL Power Systems Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Johnson Controls
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Microtex Energy Private Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Midac S.p.A
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Navitas System LLC.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Rolls Battery
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- U.S. Battery Manufacturing Company
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Su-Kam Power Systems
- Trojan Battery
- West Marine Inc.
- Yokohama Trading N.V. (Suriname)
- C&D Technologies Inc.
9. Wheel of Fortune
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. Section:
- Research Methodology
- About Us
