CAGR Value :
The global submarine battery market was valued at USD 396 million in 2024. The market is projected to grow from USD 418 million in 2025 to USD 576 million by 2032, exhibiting a CAGR of 5.6% during the forecast period.
Report Studies :
Submarine batteries are large-scale energy storage systems that provide the primary electrical power for propulsion and onboard systems when a submarine is submerged. These batteries are recharged by diesel generators or nuclear reactors when the vessel is on the surface or at snorkel depth. The market is primarily segmented into Valve-regulated Lead
Acid (VRLA) Batteries and Flooded Lead Acid Batteries
, with VRLA gaining significant traction due to their maintenance-free operation and enhanced safety features.
By Types :
Valve-regulated Lead Acid (VRLA)
Flooded Lead Acid
By Applications :
Military
Civilian & Research
Key Industry Players
• EnerSys (USA)
• Exide Technologies (USA)
• Systems Sunlight S.A. (Greece)
• Zibo Torch Energy (China)
• Exide Industries (India)
• HBL Power Systems Ltd. (India)
• GS Yuasa Corporation (Japan)
• Korea Special Battery Co., Ltd. (South Korea)
• EaglePicher Technologies (USA)
• EverExceed (International)
• Shandong Sacred Sun Power Sources Co., Ltd. (China)
• East Penn Manufacturing Co., Inc. (USA)
• C&D Technologies, Inc. (USA)
• Trojan Battery Company (USA)
NorthStar Battery Company (USA)