Genset Battery Global Market Report 2026

A genset battery is a specially engineered battery that supplies the necessary electrical power to start the engine of a generator set, ensuring dependable ignition whenever the generator is activated. Along with its primary role of engine cranking, the genset battery also powers auxiliary systems such as the control panel, monitoring equipment, and safety devices, supporting smooth operation and consistent power delivery during outages or continuous use.

The key types of genset batteries include lead-acid batteries, lithium-ion batteries, nickel-cadmium batteries, gel batteries, and absorbent glass mat (AGM) batteries. Lead-acid batteries comprise cells with lead plates submerged in sulfuric acid, generating electrical energy through chemical reactions. They are available in different capacities, including below 100 mAh, 101-200 mAh, 201-500 mAh, and above 500 mAh, and are distributed through both offline and online channels. These batteries are used in applications such as residential, commercial, and industrial power systems, telecommunications, and renewable energy storage, serving end-users across sectors such as utilities, oil and gas, manufacturing, construction, marine, and others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the genset battery market by increasing the cost of imported raw materials and battery components, particularly affecting lithium-ion and advanced lead-acid battery segments. Regions such as Asia-Pacific, North America, and Europe, which rely heavily on cross-border supply chains, have experienced higher production costs and pricing pressures. While the tariffs have posed challenges, they have also incentivized local manufacturing, innovation in battery efficiency, and investment in domestic production capabilities, creating new opportunities for market players.

The genset batteries market research report is one of a series of new reports from The Business Research Company that provides genset batteries market statistics, including genset batteries industry global market size, regional shares, competitors with a genset batteries market share, detailed genset batteries market segments, market trends and opportunities, and any further data you may need to thrive in the genset batteries industry. This genset batteries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The genset battery market size has grown strongly in recent years. It will grow from $9.03 billion in 2025 to $9.63 billion in 2026 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to high reliance on diesel generators, limited renewable energy integration, conventional lead-acid battery usage, increasing industrialization, rising power outages.

The genset battery market size is expected to see strong growth in the next few years. It will grow to $12.31 billion in 2030 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to shift towards lithium-ion technology, integration with renewable energy systems, growth in industrial and commercial applications, adoption of predictive maintenance technologies, rising demand for uninterrupted power supply. Major trends in the forecast period include smart battery management systems, rapid recharge technology, modular and scalable battery solutions, predictive maintenance and diagnostics, enhanced safety and reliability features.

The rising energy generation and storage demand is expected to drive the growth of the genset battery market going forward. Energy generation and storage demand refers to the need for producing electricity and storing it for future use to ensure a stable and continuous power supply. The demand is increasing due to the growing integration of renewable energy sources, which require efficient storage systems to maintain grid stability and ensure a reliable energy supply. Genset batteries play a vital role in supporting energy generation and storage by efficiently storing surplus power from generators and renewable sources, ensuring uninterrupted electricity availability, and providing dependable backup during power outages for industrial, commercial, and residential applications. For instance, in April 2024, according to the Department of Climate Change, Energy, the Environment, and Water, an Australia-based government department, Australia's total electricity generation remained steady in 2023 at approximately 273,106 gigawatt hours (GWh). Renewable energy contributed about 95,963 GWh, accounting for 35% of the country's total generation, representing a 3-percentage-point increase compared to 2022. Therefore, the rising energy generation and storage demand is fueling the growth of the genset battery market.

Key companies operating in the genset battery market are focusing on introducing innovative technologies such as lithium-ion-based electronic gensets to enhance energy efficiency, minimize operational downtime, and extend lifecycle performance compared to traditional lead-acid batteries. A lithium-ion-based electronic genset is a generator system that utilizes lithium-ion batteries and electronic controls to provide efficient, reliable, and low-maintenance backup or off-grid power. For instance, in May 2023, Su-vastika Systems Private Limited, an India-based power backup and energy storage solutions company, launched a lithium-ion-based electronic genset named Power on Wheels, offering an eco-friendly, silent, and cost-effective alternative to conventional diesel generators. This genset features lithium batteries that fully charge within 4 to 5 hours, have a lifespan of 5 to 7 years, and offer customizable capacity and backup duration. It supports various load types, integrates with solar power, and requires no maintenance while producing zero emissions, making it suitable for commercial spaces, hospitals, and residential areas. It also reduces operational costs and carbon emissions compared to diesel gensets while providing instant power switching to protect sensitive equipment.

In May 2024, DEUTZ AG, a Germany-based manufacturer of diesel engines, acquired Blue Star Power Systems Inc. for an undisclosed amount. Through this acquisition, DEUTZ is advancing its transformation from a component manufacturer to a complete solutions provider. The acquisition of Blue Star Power Systems is expected to generate additional annual revenue exceeding $100 million, with potential to surpass $150 million in the medium term. Blue Star Power Systems Inc. is a US-based manufacturer of genset batteries.

Major companies operating in the genset battery market are Cummins Inc., EnerSys Inc., Camel Group Co. Ltd., Exide Industries Limited, Amaron Batteries Private Limited, Saft S.A., HOPPECKE Batterien GmbH & Co. KG, C&D Technologies Inc., Crown Battery Manufacturing Company, Mutlu Aku Sanayi ve Ticaret A.S., Shenzhen EverExceed Industrial Co.,Ltd., MIDAC S.p.A., GS Yuasa International Ltd., Leoch Batteries India Private Limited, Microtex Energy Private Limited, Calibre Power Controls, Clarios International Inc., Kay Kay Industries, SF Batteries, YBK Industries Private Limited.

Asia-Pacific was the largest region in the genset battery market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the genset battery market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the genset battery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The genset battery market consists of sales of starter batteries, emergency power systems, industrial gensets, marine genset batteries, and military genset batteries. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Genset Battery Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses genset battery market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for genset battery ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The genset battery market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Lead-Acid Batteries; Lithium-Ion Batteries; Nickel-Cadmium Batteries; Gel Batteries; Absorbent Glass Mat (AGM) Batteries
• 2) By Distribution Channel: Offline; Online
• 4) By Application: Residential Use; Commercial Use; Industrial Use; Telecommunication
• 5) By End-User: Utilities; Oil And Gas; Manufacturing; Construction; Marine; Other End-Users
• Subsegments:
• 1) By Lead-Acid Batteries: Flooded Lead-Acid Batteries; Sealed Lead-Acid Batteries; Deep Cycle Lead-Acid Batteries; Valve Regulated Lead-Acid Batteries
• 2) By Lithium-Ion Batteries: Lithium Iron Phosphate Batteries; Lithium Nickel Manganese Cobalt Oxide Batteries; Lithium Cobalt Oxide Batteries; Lithium Manganese Oxide Batteries; Lithium Titanate Batteries
• 3) By Nickel-Cadmium Batteries: Vented Nickel-Cadmium Batteries; Sealed Nickel-Cadmium Batteries; Pocket Plate Nickel-Cadmium Batteries; Sintered Plate Nickel-Cadmium Batteries
• 4) By Gel Batteries: Deep Cycle Gel Batteries; Standby Gel Batteries
• 5) By Absorbent Glass Mat Batteries: Deep Cycle Absorbent Glass Mat Batteries; Standby Absorbent Glass Mat Batteries; High Performance Absorbent Glass Mat Batteries; Marine Absorbent Glass Mat Batteries
• Companies Mentioned: Cummins Inc.; EnerSys Inc.; Camel Group Co. Ltd.; Exide Industries Limited; Amaron Batteries Private Limited; Saft S.A.; HOPPECKE Batterien GmbH & Co. KG; C&D Technologies Inc.; Crown Battery Manufacturing Company; Mutlu Aku Sanayi ve Ticaret A.S.; Shenzhen EverExceed Industrial Co.,Ltd.; MIDAC S.p.A.; GS Yuasa International Ltd.; Leoch Batteries India Private Limited; Microtex Energy Private Limited; Calibre Power Controls; Clarios International Inc.; Kay Kay Industries; SF Batteries; YBK Industries Private Limited.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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