Market Analysis and Insights: Global Submarine Battery Market

Submarines need large amounts of electricity to operate safely under water. They charge their batteries using diesel or nuclear-driven generators. Diesel subs must surface to recycle their batteries because carbon monoxide fumes are deadly. Nuclear ones can remain under water for months and even years.

Due to the COVID-19 pandemic, the global Submarine Battery market size is estimated to be worth US$ 410.6 million in 2022 and is forecast to a readjusted size of US$ 588 million by 2029 with a CAGR of 5.2% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Valve-regulated Lead Acid (VRLA) Batteries accounting for % of the Submarine Battery global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While For Civilian segment is altered to an % CAGR throughout this forecast period.

EnerSys, Systems Sunlight SA , Exide Technologies, Zibo Torch Energy Co., Ltd.and Exide Industries are the leaders of the Submarine Battery industry, which take about 45% market share. North America is the major region of the global market, which takes about 35% market share.

Global Submarine Battery Scope and Market Size

The global Submarine Battery market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Submarine Battery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.


Segment by Type


Valve-regulated Lead Acid (VRLA) Batteries

Flooded Lead Acid Batteries

Others


Segment by Application


For Civilian

For Military

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


EnerSys Systems Sunlight SA

Exide Technologies

Zibo Torch Energy

Exide Industries

EverExceed

HBL

GS Yuasa

Korea Special Battery