Global Deep Cycle Batteries Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

VRLA Batteries and FLA Batteries

By Application;

Stationary and Automotive

By Distribution Channel;

Online and Offline

By End-User;

Residential, Commercial, and Industrial

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn140934748 Published Date: May, 2025 Updated Date: June, 2025

Deep Cycle Batteries Market Overview

Deep Cycle Batteries Market (USD Million)

Deep Cycle Batteries Market was valued at USD 2,478.90 million in the year 2024. The size of this market is expected to increase to USD 3,218.41 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.8%.


Global Deep Cycle Batteries Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 3.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.8 %
Market Size (2024)USD 2,478.90 Million
Market Size (2031)USD 3,218.41 Million
Market ConcentrationHigh
Report Pages379
2,478.90
2024
3,218.41
2031

Major Players

  • C&D Technologies Inc.
  • Crown Battery Manufacturing Co.
  • East Penn Manufacturing Co. Inc
  • EnerSys
  • EverExceed Industrial Co. Ltd
  • Exide Industries Ltd.
  • Exide Technologies
  • GS Yuasa Corp.
  • HBL Power Systems Ltd.
  • Johnson Controls International Plc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Deep Cycle Batteries Market

Fragmented - Highly competitive market without dominant players


The Deep Cycle Batteries Market is expanding as demand rises for long-duration power storage in solar energy systems, marine vessels, and off-grid infrastructure. Over 71% of consumers use deep cycle batteries for stable power output, low maintenance, and high charge-discharge efficiency, making them ideal for sustained usage.

Rising Solar Adoption Supporting Battery Integration
With the surge in solar panel installations, deep cycle batteries have become a cornerstone of energy independence and storage. More than 67% of renewable energy setups depend on these batteries to manage peak shifting, nighttime loads, and system reliability, especially in rural and off-grid zones.

Technology Advancements Enhancing Battery Choice
Deep cycle battery demand is supported by ongoing improvements in lead-acid and lithium-ion technologies. Around 64% of users prefer these for their balance of cost, cycle depth, and energy output, with lithium gaining favor in mobile and hybrid power applications due to its higher energy density.

Mobility and Marine Sectors Expanding Use Cases
Electric mobility platforms, including boats, scooters, and golf carts, increasingly rely on deep cycle batteries. Over 61% of such platforms adopt these batteries for their cycling capability, endurance, and resilience in repetitive drain conditions where longevity is essential.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Deep Cycle Batteries Market Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rise in Renewable Energy Integration
        2. Electrification of Transportation
        3. Growing Demand for Off-Grid Power Solutions
        4. Expansion of Telecommunications Infrastructure
      2. Restraints
        1. High Initial Cost
        2. Limited Energy Density
        3. Performance Degradation Over Time
        4. Environmental Concerns
      3. Opportunities
      4. Expansion of Renewable Energy Infrastructure
      5. Electrification of Transportation
      6. Growth of Off-Grid Power Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Deep Cycle Batteries Market, By Type, 2021 - 2031 (USD Million)
      1. VRLA batteries
      2. FLA batteries
    2. Deep Cycle Batteries Market, By Application, 2021 - 2031 (USD Million)

      1. Stationary

      2. Automotive

    3. Deep Cycle Batteries Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Online
      2. Offline
    4. Deep Cycle Batteries Market, By End-User, 2021 - 2031 (USD Million)

      1. Residential

      2. Commercial

      3. Industrial

    5. Deep Cycle Batteries Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. C&D Technologies Inc.
      2. Crown Battery Manufacturing Co.
      3. East Penn Manufacturing Co. Inc.
      4. EnerSys
      5. EverExceed Industrial Co. Ltd
      6. Exide Industries Ltd.
      7. Exide Technologies
      8. GS Yuasa Corp.
      9. HBL Power Systems Ltd.
      10. Johnson Controls International Plc
  7. Analyst Views
  8. Future Outlook of the Market