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Global Genset Battery Market to Grow at 6% During 2019-2024, Propelled by Escalating Demand for Uninterrupted Power Supply

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Genset Battery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

The global genset battery market is expected to exhibit moderate growth during 2021-2026. A genset battery is a device that supplies a generator with start-up power in the case of a power outage. Once the generator is switched on, it produces and provides electricity to the connected systems. Genset batteries are usually made of a pure lead-tin alloy that is durable, corrosion free and can perform effectively in every weather. Apart from start-up power, they are also used to supply direct current (DC) to small motors and digital control panels. They find high applicability across various industries as they can remain charged for long durations and require lesser maintenance over their service life. Looking forward, the global genset battery market is expected to grow at a CAGR of around 5% during the forecast period (2021-2026).

The increasing power requirements in both emerging and developed nations along with the frequent occurrence of power outages represent the key factors driving the market growth. Various countries across the world have increased their power generation capacity to counter the challenges related to power blackouts. Furthermore, the market growth can be attributed to rapid industrialization that has augmented the demand for batteries with high-power density, quick recharge capabilities and long life. Genset batteries can also power large machines and equipment such as diesel engines at extreme temperatures without occupying much space. Additionally, fueled by rising urbanization coupled with the extensive usage of electronic devices in both the residential and commercial sectors, there has been an increase in the demand for uninterrupted power supply which has further catalyzed the market growth.

IMARC Group’s latest report provides a deep insight into the global genset battery market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global genset battery market in any manner.

Report Coverage:

  • Historical, Current and Future Market Trends
     
  • Market Breakup by Product Type:
    • Lead-Acid Batteries 
    • NiCd Batteries
       
  • Market Breakup by Distribution Channel:
    • Offline
    • Online
       
  • Market Breakup by End-User:
    • Industrial
    • Commercial
    • Residential
       
  • Market Breakup by Region:
    • Asia Pacific
    • North America
    • Europe
    • Middle East and Africa
    • Latin America

 

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Cummins, EnerSys, Exide, Leoch International, Amara Raja Batteries, Generac, Kohler, etc.

Key Questions Answered in This Report:

  • How has the global genset battery market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global genset battery industry?
  • What has been the impact of COVID-19 on the global genset battery industry?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the end-user?
  • What are the various stages in the value chain of the global genset battery industry?
  • What are the key driving factors and challenges in the global genset battery industry?
  • What is the structure of the global genset battery industry and who are the key players?
  • What is the degree of competition in the global genset battery industry?
  • What are the profit margins in the genset battery industry?

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Genset Battery Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Product Type
    5.5    Market Breakup by Distribution Channel
    5.6    Market Breakup by End-User
    5.7    Market Breakup by Region
    5.8    Market Forecast
6    Market Breakup by Product Type
    6.1    Lead-Acid Batteries
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    NiCd Batteries
        6.2.1    Market Trends
        6.2.2    Market Forecast
7    Market Breakup by Distribution Channel
    7.1    Offline
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Online
        7.2.1    Market Trends
        7.2.2    Market Forecast
8    Market Breakup by End-User
    8.1    Industrial
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Residential
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Commercial
        8.3.1    Market Trends
        8.3.2    Market Forecast
9    Market Breakup by Region
    9.1    Asia Pacific
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    North America
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    Europe
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Middle East and Africa
        9.4.1    Market Trends
        9.4.2    Market Forecast
    9.5    Latin America
        9.5.1    Market Trends
        9.5.2    Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
    13.1    Key Price Indicators
    13.2    Price Structure
    13.3    Margin Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players

List of Figures

Figure 1: Global: Genset Battery Market: Major Drivers and Challenges
Figure 2: Global: Genset Battery Market: Sales Value (in Billion US$), 2015 - 2020
Figure 3: Global: Genset Battery Market: Breakup by Product Type (in %), 2020
Figure 4: Global: Genset Battery Market: Breakup by Distribution Channel (in %), 2020
Figure 5: Global: Genset Battery Market: Breakup by End-User (in %), 2020
Figure 6: Global: Genset Battery Market: Breakup by Region (in %), 2020
Figure 7: Global: Genset Battery Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 8: Global: Genset Battery Industry: SWOT Analysis
Figure 9: Global: Genset Battery Industry: Value Chain Analysis
Figure 10: Global: Genset Battery Industry: Porter’s Five Forces Analysis
Figure 11: Global: Genset Battery (Lead-Acid Batteries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Genset Battery (Lead-Acid Batteries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Genset Battery (NiCd Batteries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Genset Battery (NiCd Batteries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Genset Battery Market: Offline Sales (in Million US$), 2015 & 2020
Figure 16: Global: Genset Battery Market Forecast: Offline Sales (in Million US$), 2021-2026
Figure 17: Global: Genset Battery Market: Online Sales (in Million US$), 2015 & 2020
Figure 18: Global: Genset Battery Market Forecast: Online Sales (in Million US$), 2021-2026
Figure 19: Global: Genset Battery (Industrial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Genset Battery (Industrial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Genset Battery (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Genset Battery (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Genset Battery (Residential) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Genset Battery (Residential) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Asia Pacific: Genset Battery Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Asia Pacific: Genset Battery Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: North America: Genset Battery Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: North America: Genset Battery Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Europe: Genset Battery Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Europe: Genset Battery Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Middle East and Africa: Genset Battery Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Middle East and Africa: Genset Battery Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Latin America: Genset Battery Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Latin America: Genset Battery Market Forecast: Sales Value (in Million US$), 2021-2026

List of Tables

Table 1: Global: Genset Battery Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Genset Battery Market Forecast: Breakup by Product Type (in Million US$), 2021-2026
Table 3: Global: Genset Battery Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 4: Global: Genset Battery Market Forecast: Breakup by End-User (in Million US$), 2021-2026
Table 5: Global: Genset Battery Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Genset Battery Market: Competitive Structure
Table 7: Global: Genset Battery Market: Key Players

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