openPR Logo
Press release

Boat Batteries Market Key Players: Century Yuasa Batteries Pty Ltd., Lifeline Batteries, Interstate Batteries,Trojan Battery Company, EXIDE INDUSTRIES LIMITED

Boat Batteries Market Key Players: Century Yuasa Batteries Pty

Boat Batteries Market: Introduction

Boat batteries help a boat getting started or stay in continuous motion by supplying the required power. Unlike other batteries, such as a car battery, boat batteries contain thick plates and hence, generate less cranking power and maximum reserve capacity. The intriguing part is that a boat battery with highest power capacity is of the same size as a boat battery with lowest power capacity. Additionally, there are some batteries which are even thicker than a typical boat battery and are referred to as hybrid boat batteries or deep-cycle boat batteries. Boat batteries are of three types -- starting boat batteries, deep cycle boat batteries and dual-purpose boat batteries.

Starting boat batteries, also known as cranking boat batteries, are specially designed for starting the main engine of the boat. These type of batteries are made from thicker lead plates, which allow maximum surface area. Also, the number of plates are higher than usual. Cranking boat batteries offer a massive and quick amount of energy, which is used to start the boat engine. Starting boat batteries are generally used to deliver short but high-current bursts to start the engine and thus, they end up getting frequently discharged during the day.

Request For Report Sample@

On the other hand, deep-cycle batteries provide power to other onboard electrical accessories, such as fish-finders, trolling motors, radios, GPS, etc. Generally, these batteries use power at a very slow rate and do not get easily discharged. These deep cycle boat batteries contain less number of lead plates, which are thicker in size, thereby allowing them to tolerate deep cycling power. Deep-cycle boat batteries can easily withstand numerous discharge/recharge cycles. Cranking boat batteries, on the other hand, cannot.

Dual-purpose boat batteries are made from lead-acid battery and can be used for both the purposes -- for starting the boat engine as well as for powering the boat’s other accessories during the ride. This type of boat battery can be used as a cranking boat battery as well as a deep-cycle boat battery.

Boat Batteries Market: Market Dynamics

Growth in tourism and rising disposable income, growing promotional tourist sports activities and rising waterborne tourism are some of the factors which will contribute to the growth of Boat Batteries market in near future. Also, higher consumer confidence, high-tech features and advanced technology are some of the major driving factors for the market of boat batteries. Another primary factor responsible for driving the Boat Batteries market is the growth witnessed in maritime transport or seaborne trade wherein large volume of goods are taken to the sea for transportation purposes.

However, high prices of these products and adoption of low-cost counterfeit products might act as a restraint for this market. Though the manufacturers of boat batteries do not fall under the category of large revenue generating players, they are keen on continuously developing their product to improve its lifespan, passenger holding capacity and reliability. Shortcomings noticed in product differentiation between the major players has led to the development of various innovations, such as large capacity, self-propelled life rafts. Many notable opportunities exist in the boat battery market through the inclusion of technological advancements and enhanced features that offer better performance.

Boat Batteries Market: Segmentation

Market segmentation of the Boat Batteries market on the basis of product type can be done into:
Cranking or Starting Boat Batteries
Deep-Cycle Boat Batteries
Dual purpose Boat Batteries
Market segmentation of the Boat Batteries market on the basis of type of separator can be done into:
Absorbed Glass Mat (AGM) Boat Batteries
Gel Boat Batteries
Lithium-ion Boat Batteries
Wet-Cell or Flooded-Cell Batteries
Dual purpose Batteries Market segmentation of the Boat Batteries market on the basis of capacity can be done into:
Below 20Ah
20Ah to 80Ah
Above 80Ah

Boat Batteries Market: Regional Outlook

In terms of geographical extent of the market of boat batteries, the economies with longer coastlines are anticipated to hold a comparatively large market share. The markets in non-coastal economies will have a small market share, but can depend on marine transport within the inner waterways, such as rivers. The North America region is expected to be responsible for a major market share in the global boat batteries market and is expected to be followed by the Asia Pacific and Europe. The Asia Pacific region is also anticipated to record significant growth during the forecast period. This significant growth rate can be attributed to the rise in disposable income and spending in this region. On the other hand, Latin America is expected to hold a vital market share in the Boat Batteries market due to the growth in watercraft events. The Middle East and Africa region is expected to witness a relatively small share in the boat batteries market.

Request For Report Table of Content (TOC)@

Boat Batteries Market: Market Participants

Examples of some of the market participants identified across the value chain of the Boat Batteries market are Century Yuasa Batteries Pty Ltd., Lifeline Batteries, Interstate Batteries, Trojan Battery Company, EXIDE INDUSTRIES LIMITED, ExpertPower, Chrome Battery, MIGHTY MAX BATTERY, Universal Power Group, VMAX USA, Johnson Controls, Inc., EnerSys, etc.

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Boat Batteries Market Key Players: Century Yuasa Batteries Pty Ltd., Lifeline Batteries, Interstate Batteries,Trojan Battery Company, EXIDE INDUSTRIES LIMITED here

News-ID: 1647178 • Views:

More Releases for Market:

India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned? In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects. The International Technology Roadmap for Semiconductors (ITRS) has emphasized
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by
Global Organic Food & Beverage Market | Market Size, Market Share, Market Trends …
The term 'organic' has gained much popularity since the last decade, which refers to the process of how certain foods are produced. Organic food is grown without the use of synthetic chemicals, such as human-made pesticides and fertilizers, and does not contain genetically modified organisms (GMOs). According to the recently published report titled, 'Global Organic Food & Beverage Outlook, 2026', by Bonafide Research the organic foods & beverage industry has
Robotic Cardiology Surgery Market Insights Includes Market Share, Market Researc …
Robotic Cardiology Surgery Market Global demand for cardiac surgery robots in 2025 will explode to $XXX billion. This represents an astonishing XX% growth yearly in terms of annual revenue between 2016 and 2025, and a cumulative market total of $7.50 billion during 2017-2025 owing to the substantial increase of robot-based and computer-assisted cardiological surgery procedures for heart disorders. Global Robotic Cardiology Surgery Market 2016-2025: Market Size, Share, Forecast and Strategy is based
Educational Robots Market, Market Segmentation, Market Report, Market Forecast
Global Educational Robots market valued USD 670 Million in 2017 and is likely to grow more than USD 2339.8 Million by 2025 with a compounded annual growth of 16.92% over the forecast period 2018-2025. The market growth is primarily driven by technological enhancements in the field of robotics and increasing use of robots for educational purposes. However, high initial research and development expenses hamper market growth. The main function of