CIS Solar and Motorcycle Battery Market is expected to grow with a CAGR of 8.2% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below.
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CIS solar and motorcycle battery market is highly consolidated, which includes a specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenarios.
The major players dealing in the CIS solar and motorcycle battery market are introducing a strong range of products provider along with launching new products and adopting strategic initiatives such as acquisition, agreement, business expansion, award, and recognition into the market. This helped companies to maximize sales with an enhanced product portfolio.
For instance:
- In October 2013, Exide Technologies announced its complete transfer of the business to US-based Energy Technologies Holdings LLC from Exide Technologies Holdings in the U.S. With this move, the company now operated as a standalone company in EMEA and Asia-Pacific under its new owners. The move has increased the company's agility to respond to the market needs in the EMEA and Asia-Pacific.
GS Yuasa International Ltd. is the dominating player in the CIS solar and motorcycle battery market. The other key players existing in the market are Amara Raja Batteries Ltd., BS-Battery, Clarios, Delta, ENERSYS, Exide Technologies, GPA Holdings Berhad, Leoch International Technology Limited Inc., Mutlu Battery, Power Sonic Corporation, and Shivam Energy Control Systems Private Limited
GS Yuasa International Ltd.
GS Yuasa International Ltd. was established in the year 2004, headquartered in Kyoto, Japan. The company manufactures automotive batteries, industrial batteries, power supply systems, switchgear, lighting equipment, ultraviolet systems, and other electrical equipment. The company operates its business via several business segments, including automotive batteries (Japan), automotive batteries (overseas), industrial batteries and power supplies, automotive lithium-ion batteries, lightings, and others in which the automotive batteries (overseas) segment is the market focused segment. The company has several product categories, which are automotive and motorcycle batteries, traction batteries and chargers, industrial batteries, power supply systems, battery chargers, lighting for the facility, UV irradiation systems, membrane products in which automotive and motorcycle batteries is the market focused category.
For instance,
- In January 2019, GS Yuasa International Ltd. announced the launch of operations at a new automotive lead-acid storage battery plant operated in affiliation with İnci GS Yuasa Akü Sanayi ve Ticaret Anonim Şirketi ("IGYA") in Manisa Province, Turkey. The primary focus of the move was to use the company's latest technologies and production methods for manufacturing lead-acid storage batteries. The affiliation has increased the production capacity from 2 million units in 2019 to 6 million units in 2022. This catered to the growing demand from the European market and led the market to grow.
The company has a presence across North America, Europe, Asia-Pacific, and the Middle East, and Africa. The company also has various subsidiaries, including GS Yuasa Energy Solutions, Inc. (the US), GS Yuasa Battery Europe Ltd. (UK), GS Yuasa Hungary Ltd. (Hungary), Inci GS Yuasa Aku Sanayi ve Ticaret Anonim Sirketi (Turkey), Yuasa Battery (Shunde) Co., Ltd. (China) among others.
ENERSYS
ENERSYS was founded in the year 2000, headquartered in Pennsylvannia, U.S. The company focuses on the manufacturing, marketing, and distribution of industrial batteries. The company has several product categories, which are batteries, charging and power modules, monitoring and fleet management, energy systems, services in which batteries are the market-focused category.
For instance,
- In October 2019, ENERSYS agreed to acquire NorthStar, a TPPL battery maker, for USD 182.5 million. In accordance with the acquisition ENERSYS installed high-speed production lines at NorthStar's two factories in Missouri which increased the production capacity. With this acquisition, ENERSYS became the only major factory to manufacture TPPL batteries. This enabled the company to accelerate its TPPL battery sales in the market.
The company has a presence across Asia, Middle East, and Africa. The company also has various subsidiaries, including EnerSys Argentina SA (Argentina), EnerSys Australia Pty Ltd. (Australia), EnerSys GmbH (Austria), EnerSys Cayman Euro LP (Cayman Islands), EnerSystem Chile Ltda (Chile), among others.
Exide Technologies
Exide Technologies, founded in the year 1888, is headquartered in Gennevilliers, France. The company provides batteries for transportation, industrial, logistics motive sectors, among others. The company has several product and service categories, including transportation, GNB motive, BNM network, in which transportation is the market-focused category.
For instance,
- In October 2020, Exide Technologies announced its complete transfer of the business to US-based Energy Technologies Holdings LLC from Exide Technologies Holdings in the U.S. With this move, the company now operated as a standalone company in EMEA and Asia-Pacific under its new owners. The move has increased the company's agility to respond to the market needs in the EMEA and Asia-Pacific.
The company has a wide presence across Europe, Asia-Pacific, and the Middle East, and Africa.
