Tubular Battery Market is expected to grow at a CAGR of 3.8% through 2030F
The global Tubular Battery Market is
expected to be led by North America, driven by Growth in Telecom & 5G
Infrastructure and Electrification & EV-related Applications during the
forecast period 2026-2030F
According to TechSci Research
report, “Tubular Battery
Market - Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2030F, The Global Tubular Battery Market was valued at USD
17.1 billion in 2024 and is expected to reach USD 21.6 billion by 2030 with a
CAGR of 3.8% through 2030. The rising
frequency of power outages in both developing and developed countries has
increased the demand for uninterrupted power backup solutions, especially in
healthcare facilities, educational institutions, data centers, and commercial
buildings. Tubular batteries are preferred in such scenarios due to their long
service life, deep discharge capabilities, and low maintenance requirements.
Additionally, the global shift towards sustainable and energy-efficient
technologies is encouraging users to replace traditional power backup systems
with more efficient and eco-friendly tubular batteries.
The
growing use of electric rickshaws and other small electric mobility vehicles in
densely populated regions is also driving demand for compact and durable
battery systems like tubular batteries. Moreover, the affordability and
widespread availability of tubular batteries in varying capacities make them
accessible to a broader consumer base, including small businesses and
low-income households. Technological improvements such as smart charging,
integration with IoT, and better heat management are further enhancing product
appeal. The expansion of e-commerce platforms is also making tubular batteries
more accessible, thereby accelerating market penetration in remote and rural
areas. These cumulative factors are contributing significantly to the market’s
continued growth.
Browse over XX market data Figures
spread through XX Pages and an in-depth TOC on the "Global Tubular Battery Market"
Based on Product Type, Lithium-Ion
Tubular Batteries segment dominated the Tubular Battery Market in 2024 and
maintain its leadership throughout the forecast period, driven by a combination
of superior performance, technological advancement, and expanding applications
across sectors. Unlike traditional lead-acid tubular batteries, lithium-ion
tubular batteries offer higher energy density, longer cycle life, lighter weight,
and faster charging capabilities. These advantages have made them increasingly
popular in both off-grid and on-grid power backup systems, especially in
sectors such as residential, commercial, telecommunications, and renewable
energy storage.
The dominance of this segment is largely
attributed to the global shift toward clean energy and sustainable power
solutions. As governments and private players continue to invest in solar power
installations, lithium-ion tubular batteries are preferred due to their
efficiency in energy storage and minimal maintenance requirements. Their
ability to withstand deep discharge cycles without significantly degrading
performance makes them ideal for areas with unreliable grid access,
particularly in developing countries across Asia-Pacific and Africa.
Furthermore, their compact size and scalability allow them to be deployed in a
wide range of installations—from small homes to large commercial setups—fueling
their widespread adoption.
Another major factor contributing to the
segment’s leadership is the declining cost of lithium-ion technology. Over the
past decade, improvements in manufacturing processes and economies of scale
have led to substantial cost reductions, making lithium-ion tubular batteries
more accessible to both businesses and consumers. This cost-efficiency,
combined with their long operational life, makes them a more economically
viable option in the long term compared to traditional battery technologies.
In addition, technological advancements
continue to enhance the safety, durability, and performance of lithium-ion
tubular batteries. Features such as built-in battery management systems (BMS),
temperature control mechanisms, and smart connectivity are further propelling
their demand across industries that require reliable and intelligent energy
solutions. In sectors such as data centers, smart homes, and electric mobility
infrastructure, the demand for high-performance and intelligent battery systems
aligns well with what lithium-ion tubular batteries offer.
The global push for electric vehicles
(EVs) and grid-scale energy storage has also indirectly benefited this segment.
With increased R&D in lithium-ion battery technology for automotive and
industrial applications, many of these innovations are being adapted into
tubular battery formats, enhancing their commercial appeal and operational
capabilities. Manufacturers are increasingly investing in hybrid and
next-generation lithium-ion tubular battery solutions to meet evolving power
needs with better efficiency and safety. Overall, the lithium-ion tubular
battery segment is expected to maintain its dominance in the coming years,
backed by strong demand drivers, ongoing innovations, and the global trend
toward cleaner, smarter, and more reliable energy storage systems.
Asia Pacific is emerging as the
fastest-growing region for the Tubular Battery Market, fueled by expanding
energy demands, increasing investments in renewable energy, and the growing
adoption of energy storage solutions across residential, commercial, and
industrial sectors. Countries such as India, China, Indonesia, Vietnam, and the
Philippines are witnessing a significant surge in demand for reliable and
efficient power backup systems, especially in areas with unstable or limited
access to electricity. This has driven the uptake of tubular batteries,
particularly in off-grid and semi-urban regions.
One of the key factors contributing to
this growth is the strong government push for rural electrification and clean
energy transition. India, for example, has launched numerous initiatives to
promote solar power adoption in remote areas, where tubular batteries are used
extensively for storing solar energy. The government's focus on providing
uninterrupted power supply and the implementation of production-linked
incentives (PLI) for battery manufacturing have further encouraged domestic
production, making tubular batteries more affordable and accessible.
In addition, rising awareness about
energy efficiency and the harmful environmental effects of diesel generators is
prompting both consumers and businesses to switch to cleaner alternatives,
including tubular battery systems paired with renewable sources. The
affordability, long cycle life, and low maintenance of tubular
batteries—especially the lithium-ion and advanced lead-acid variants—make them
an ideal solution for many applications in the region.
The region's growing middle class,
increasing urbanization, and booming residential construction sector are also
fueling demand. In countries like China and India, rapid infrastructure
development and frequent power outages in urban peripheries have created a
robust market for backup power systems. Commercial segments such as telecom
towers, small businesses, and educational institutions are increasingly
adopting tubular battery-based backup systems to ensure operational continuity.
Another major growth enabler is the
expanding manufacturing base in Asia Pacific. China remains a global hub for
battery production, and countries like India are following suit by offering
policy incentives and developing localized supply chains. This is helping
reduce dependency on imports and creating cost-effective solutions for the
local market, which in turn stimulates demand.
Key market players in the Tubular
Battery Market are: -
- Exide Industries Limited
- Amara Raja Batteries Limited
- HBL Power Systems Limited
- Luminous Power Technologies Pvt. Ltd.
- Base Corporation Limited
- Okaya Power Pvt. Ltd.
- Su-Kam Power Systems Ltd.
- Southern Batteries Pvt. Ltd.
Download Free Sample Report
Customers can
also request for 10% free customization on this report.
“The global tubular battery market
presents significant growth opportunities driven by the rising demand for
reliable power backup solutions across residential, commercial, and industrial
sectors. Increasing adoption of renewable energy systems, especially solar
power, creates strong demand for efficient energy storage, where tubular
batteries are ideal. Emerging markets in Asia-Pacific, Africa, and Latin
America offer untapped potential due to inadequate grid infrastructure.
Additionally, advancements in lithium-ion tubular battery technology and
supportive government policies, such as incentives for battery manufacturing
and green energy projects, further boost market prospects. Expansion into
off-grid applications and smart battery integration also offer lucrative
opportunities for manufacturers.” said Mr. Karan Chechi, Research Director of
TechSci Research, a research-based global management consulting firm.
“Tubular Battery Market –
Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By
Product Type (Lead-Acid Tubular Batteries, Lithium-Ion Tubular Batteries, Gel
Tubular Batteries, Maintenance-Free Tubular Batteries), By Application (Residential,
Commercial, Industrial, Utilities), By Region, By Competition, 2020-2030F” has evaluated the future
growth potential of Tubular Battery Market and provides statistics &
information on market size, structure, and future market growth. The report intends
to provide cutting-edge market intelligence and help decision makers take sound
investment decisions. Besides the report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in Tubular
Battery Market.
Contact
TechSci Research LLC
420 Lexington Avenue,
Suite 300, New York,
United States- 10170
M: +13322586602
Email: [email protected]
Website: https://www.techsciresearch.com