Global Gel Battery Market to Observe Marvelous Growth Due to Growing Applications of Gel Batteries in Various Sectors

Continuous developments in battery technology have paved way for outstanding electrical advances, eventually resulting in the invention of mobile phones, portable computers, electric cars, and several other electrical devices. Also, as the world attempts to switch from fossil fuels to renewables, the need for efficient energy storage systems is becoming vital. The invention for advanced batteries is now on the verge of a powerful revolution.

Various leading technology firms and car companies are aware of the downsides of lithium-ion batteries. The batteries that are gaining more popularity these days are the gel batteries owing to need for reliable energy storage options in an extensive range of applications in various areas such as marine trolling, emergency lighting, solar systems, electric vehicles, golf cars, sailboats, UPS (Uninterrupted Power Systems), and many more.

What is a Gel Battery?

A gel battery is also referred as a “Gel Cell”. It is a valve-regulated lead–acid (VRLA) battery, a type of sealed acid battery that is strong and adaptable. Gel batteries were mainly developed to resolve some of the glitches in the wet lead-acid batteries. These batteries can be fitted in almost any position, as they do not leak. This significantly surges the scope of their application areas. They are widely used in deep cycle applications like personnel carriers, floor scrubbers, wheelchairs, computer backup, cable TV, and others.

As per a report by Research Dive, the global gel battery market is projected to observe outstanding growth with a CAGR of 4.0% and garner $2,776.9 million by 2028; owing to several factors such as cost-effectiveness, easy recyclability, and many more. Gel batteries also offer various benefits such as they are spill proof, vibration-resistant, maintenance free, and have negligible corrosion owing to which they are well-suited with sensitive electronics devices and ideal for a wide array of applications. Moreover, as gel batteries do not emit dangerous gases or fumes like sulfur dioxide or flammable hydrogen gas, they can be fitted in areas where ventilation is limited.

Recent Advances in the Gel Battery Industry

Various companies focused on developing energy storage systems, such as Canbat Technologies Inc., BSB Power Company Limited, Leoch International Technology Limited Inc., Exide Technologies, Power Sonic Corporation, Exponential Power, C&D Technologies, Inc., B.B. Battery, Vision Group, and JYC Battery Manufacturer Co. Ltd., are greatly investing in the gel battery industry. These market players are putting in efforts to develop advanced gel battery technologies to increase the quality of energy storage for smooth functioning of battery operated devices. Moreover, these players are undertaking various strategies, such as novel product launches, partnerships, and collaborations, to obtain a cutting-edge in the global market.

For instance,

• In September 2018, Exide Technologies, an American multinational lead-acid batteries manufacturing company, introduced a VRLA gel battery for its truck series.
• In February 2019, Gelion Technologies, an Australian battery innovator, entered into the $70bn storage market to fast-track worldwide development in the renewable energy segment by launching a zinc bromine gel battery to take on lithium mainstays.
• In November 2020, Eternity Technologies, a global advanced industrial battery plant, launched their new range of Gel Bloc batteries. This new batteries are  maintenance free products equipped with advanced VRLA Gel technology and offer high resilience to deep discharge, extensive cycle performance, long-life in harsh conditions, and are completely recyclable.
• In April 2021, Interstate Batteries, a US privately owned battery marketing and distribution firm, launched Pure Gel Sealed Lead-Acid (SLA) batteries for the medical mobility sector. These batteries offer quality performance and can power scooters and wheelchairs.

How has the Covid-19 Pandemic Impacted the Gel Battery Market?

The global gel battery market growth has been negatively impacted with the rise of the COVID-19 pandemic in 2020. The pandemic has resulted in the enforcement of strict lockdowns, thus hampering the production of gel batteries. As industrial activities worldwide were curbed during the pandemic, the demand for energy storage systems has significantly reduced, thus hindering the market growth. However, as and when the pandemic relaxes, the demand for gel batteries is likely to augment with the growing need for efficient energy storage systems across various industrial verticals in the upcoming years.