Countries such as the US, Russia, China, Japan, and India, are investing heavily in the procurement and development of submarines to strengthen the respective countries' sea border security and to gather intelligence.
Technavio has announced the top five leading vendors in their recent global submarine battery market 2016-2020 report.
EnerSys, EverExceed, Exide Technology, HBL Power Systems Ltd., and Sunlight Systems are the major lead-acid battery (LAB) vendors in the market.
Companies, such as GS Yuasa, Saft, Kokam, Arotech, and Toshiba, are aggressively developing Li-ion batteries for submarines and investing in R&D to reduce the cost and match the LAB specifications for the submarines.
According to the report, highly competitive vendors serve the global submarine battery market. Competition in the market is based on many factors, such as brand recognition, product quality, reliability, durability, energy density, and price.
“It is expected that the market will continue to evolve and that global and other diversified manufacturers will have a competitive advantage over small and new vendors by offering better products at a competitive price,” says Thanikachalam Chandrasekaran, a lead energy storage analyst from Technavio.
Russia is also planning to develop Li-ion battery technology for Kalina submarines in collaboration with China.
EnerSys in the global submarine battery market offers submarine batteries, which include CYCLON batteries and Quallion batteries.
EverExceed in the global submarine battery market offers high-quality submarine batteries for all types of conventional submarines. It offers long plate positive tubular plate, double decker tubular positive plate, and tailor made cells technologies.
Exide Technologies offers manufacturing and distribution of submarine batteries. The submarine batteries are sold under various brand names such as CEAC, Sonnak, Tudor, and Hagen.
HBL Power Systems Ltd. in global submarine battery market is involved in the design and manufacturing of a wide range of submarine batteries. The company's products include batteries such as LABs, nickel-cadmium batteries, and advanced product batteries.
Sunlight systems in global submarine battery market is involved in the designing, production, and distribution of battery power solutions such as motive power solutions, reserve power solutions, advanced technology batteries, consumer batteries, energy solutions, and submarine batteries. The company provides battery monitoring systems and the hydrogen eliminator for submarine batteries.
