Vault Lithium-Ion (VRLA) Battery Market on Pace to Achieve USD 22.8 Billion by 2034
The VRLA (Valve-Regulated Lead-Acid) Batteries Market is experiencing a steady growth, positively impacting global economies by fostering job creation and industrial development. This growth is particularly noticeable in the Asia-Pacific region, which led the market in 2024, holding a 42.7% share valued at USD 7.1 billion [1].
In the By Application category, the Stationary segment led in 2024 with a 55.8% share [1]. Businesses can capitalize by innovating and targeting high-demand sectors, particularly in renewable energy and telecommunications. Notable players like SBS Battery specialize in high-performance VRLA batteries for military and marine applications, while Exide Technologies focuses on advanced VRLA batteries for renewable energy storage and telecom applications [2].
In the By Type segment, Absorbent Glass Mat (AGM) batteries led in 2024, capturing a 74.9% share [1]. Companies like GS Battery are introducing high-capacity VRLA batteries with improved thermal stability for industrial applications. Vision Battery has launched next-gen VRLA batteries with carbon-enhanced plates for faster charging and extended lifespan [2].
The By Capacity segment was dominated by Low-Capacity (below 100 Ah) VRLA batteries in 2024, holding a 47.1% share [1]. Meanwhile, in the By End-User category, the Industrial segment held a 48.3% share in 2024 [1]. The OEM segment dominated the By Sales Channel category in 2024, securing a 67.2% share [1].
The Global VRLA Batteries Market is projected to reach USD 22.8 billion by 2034, growing at a CAGR of 3.1% from 2025 to 2034 [1]. However, this growth rate is slower compared to lithium-ion batteries, which are increasingly replacing VRLA batteries in many sectors. The automotive lead-acid battery market is projected to reach around USD 33.2 billion by 2034, with a moderate CAGR of about 3% from 2025 to 2034 [4].
The shift from VRLA to lithium-ion batteries for backup power improves data center efficiency and reliability, influencing the IT infrastructure sector significantly. Renewable energy storage growth also depends heavily on advanced battery technology, pushing new applications and markets [1].
Growing environmental concerns and resource security have driven exponential growth in battery recycling markets, essential for both VRLA and lithium-ion batteries. This shift is reshaping economic dynamics, supply chains, and sustainability practices globally [2].
In summary, while the VRLA battery market is expected to grow steadily, it faces slowing demand relative to lithium-ion technologies that are rapidly expanding across key industries like automotive, data centers, and renewable energy. This transition is reshaping economic dynamics, supply chains, and sustainability practices globally.
References: 1. Grand View Research 2. International Lead Association 3. BNEF (BloombergNEF) 4. Allied Market Research
- Technology companies can invest in innovative solutions for high-demand sectors like renewable energy and telecommunications, as VRLA batteries prove beneficial in these industries.
- Real-estate businesses and data-and-cloud-computing organizations may find value in industrial applications of high-capacity VRLA batteries, which offer improved thermal stability.
- The finance industry should consider the growth potential in battery recycling markets, as both VRLA and lithium-ion battery recycling plays a crucial role in shaping global economic dynamics and sustainability practices.