Forklift Battery Sales

Forklift Battery Sales Market Outlook

The global forklift battery sales market is projected to reach approximately $4.27 billion by 2025, with a compound annual growth rate (CAGR) of about 6.5% from 2023 to 2030. This growth is largely attributed to the rising demand for electric forklifts due to their efficiency, lower operating costs, and environmental benefits compared to internal combustion forklifts. Additionally, the increasing adoption of automation and material handling equipment in various industries is expected to further drive the demand for advanced battery technologies, such as lithium-ion and fuel cell batteries, which offer enhanced performance and longevity. The continued push towards sustainability and reducing carbon emissions in logistics and warehousing operations is also a key factor contributing to market growth. Furthermore, significant investments in infrastructure development and expansion across sectors such as retail and e-commerce are creating a favorable environment for forklift battery sales. These factors combined are setting the stage for robust growth in the forklift battery market, making it a valuable area for investment.

Growth Factor of the Market

The forklift battery sales market is witnessing substantial growth due to several pivotal factors. The transition from traditional lead-acid batteries to lithium-ion batteries is one of the main drivers, as lithium-ion batteries offer higher energy density, reduced weight, and longer service life. Additionally, the expansion of e-commerce and logistics sectors has led to increased demand for forklifts in warehouses and distribution centers, thereby augmenting battery sales. Moreover, government regulations aimed at reducing carbon emissions are prompting industries to favor electric-powered material handling equipment over diesel or propane options. Technological advancements in battery management systems have also made it easier for end-users to monitor battery health, improving reliability and performance. Finally, the growing trend toward automation in manufacturing and warehousing is enhancing the need for efficient and reliable energy sources, contributing to a burgeoning demand for forklift batteries.

Key Highlights of the Market

• Significant growth in lithium-ion battery adoption due to its efficiency and longevity.
• Expansion of e-commerce driving increased demand for forklifts in warehouses.
• Government regulations promoting the use of electric forklifts to reduce emissions.
• Technological advancements improving battery management and monitoring systems.
• Rising automation in manufacturing and logistics sectors necessitating efficient energy solutions.

By Product Type

Lead-acid Batteries:

Lead-acid batteries have been the traditional choice for forklift applications for many years due to their cost-effectiveness and widespread availability. They are generally less expensive compared to their counterparts and have a reliable performance record. However, these batteries come with limitations, such as longer charging times and shorter lifespan, which can lead to increased total cost of ownership over time. Despite these limitations, lead-acid batteries continue to be prevalent in sectors where initial cost savings are prioritized over operational efficiencies. Furthermore, their robustness and ability to handle heavy loads make them a practical choice for many industrial applications, particularly in scenarios where the forklifts are used intermittently and can be charged overnight.

Lithium-ion Batteries:

Lithium-ion batteries are rapidly becoming the preferred choice in the forklift battery market due to their numerous advantages. They offer faster charging times, longer lifespans, and greater energy efficiency than lead-acid batteries. As these batteries can be charged during breaks or between shifts, they significantly enhance operational efficiency in busy warehouse environments. The declining costs of lithium-ion technology combined with its growing availability have made it more accessible to a wider range of industries. Moreover, the lightweight nature of lithium-ion batteries allows for better maneuverability and handling of forklifts. Companies are increasingly investing in lithium-ion technology as part of their sustainability initiatives, aiming to reduce their carbon footprint while optimizing their operational capabilities.

Nickel-based Batteries:

Nickel-based batteries, including nickel-cadmium (NiCd) and nickel-metal hydride (NiMH) batteries, provide robust performance characteristics and are often used in specialized applications. They can tolerate deep discharges better than lead-acid batteries, making them suitable for high-demand operations. While these batteries offer advantages such as high energy density and reliability, they tend to be more expensive and can have issues related to memory effect, particularly with NiCd batteries. As industries move towards more sustainable and efficient energy solutions, the adoption of nickel-based batteries is somewhat limited compared to lithium-ion options; however, they still hold niche applications in sectors that require specific performance attributes.

Sodium-based Batteries:

Sodium-based batteries are emerging as a promising alternative in the forklift battery market, primarily due to their abundant and low-cost materials compared to lithium. These batteries can provide a viable solution for applications where cost and resource availability are critical factors. Research and development in sodium-ion technology have made advancements in energy density and cycle life, making this product type increasingly attractive. As companies look for ways to enhance sustainability in their operations, sodium-based batteries present an opportunity to utilize a resource that is more environmentally friendly and less dependent on rare materials. Although still in the nascent stage, sodium-based batteries are expected to gain traction as technology evolves and commercial viability increases.

Fuel Cell Batteries:

Fuel cell batteries represent an innovative and eco-friendly option for forklift operations, utilizing hydrogen as a fuel source to generate electricity. This type of battery provides the advantage of quick refueling times and can be an excellent alternative in environments where long operational periods are required without downtime for charging. Fuel cells produce only water as a byproduct, positioning them as a highly sustainable energy solution and appealing to companies aiming to meet stringent environmental regulations. However, challenges related to hydrogen production, storage, and infrastructure development need to be addressed to fully realize their potential in the forklift battery market. As industries continue to focus on clean energy solutions, fuel cell technology is anticipated to become a more prominent player in the market.

By Application

Warehouse:

The warehouse application segment is a major driver of forklift battery sales, primarily due to the increasing demand for efficient material handling solutions in logistics and storage facilities. With the rapid expansion of e-commerce, warehouses are under constant pressure to optimize their operations, leading to heightened reliance on electric forklifts powered by advanced battery technologies. Efficient battery systems enable quick charging and longer operational times, which are crucial in maintaining productivity levels in busy warehouse environments. As companies seek to enhance their logistics capabilities and streamline their supply chains, investing in reliable forklift battery systems becomes essential. This trend is expected to fuel the growth of forklift battery sales in the warehouse application segment significantly.

Construction:

The construction industry represents a significant application area for forklift batteries, as these machines are vital for transporting materials on construction sites. Electric forklifts equipped with advanced battery technology are becoming increasingly popular due to their lower emissions and reduced operating costs compared to diesel-powered counterparts. Furthermore, the construction sector is moving toward more sustainable practices, and electric forklifts provide a cleaner alternative that aligns with environmental regulations. As urbanization and infrastructure development continue to accelerate globally, the demand for efficient material handling equipment, including forklifts powered by high-performance batteries, is expected to rise steadily. This segment presents a promising opportunity for growth in the forklift battery sales market.

Manufacturing:

Within the manufacturing sector, the need for reliable and efficient material handling solutions is paramount, driving demand for forklift batteries. The integration of electric forklifts into manufacturing processes allows for improved efficiency and reduced operational costs. Electric forklifts equipped with advanced battery systems can operate for extended periods and recharge quickly, ensuring minimal downtime in production lines. With a focus on sustainability and reducing carbon footprints, many manufacturers are transitioning to electric material handling equipment. This shift not only enhances productivity but also aligns with global initiatives aimed at promoting cleaner technologies. As the manufacturing sector continues to evolve, the forklift battery sales market is poised for growth.

Logistics:

The logistics application segment is one of the key growth areas for forklift batteries, driven by the increasing demand for efficient cargo handling and transportation. As logistics companies strive to improve their operational efficiencies, the shift towards electric forklifts is becoming more pronounced. Forklift batteries designed for logistics applications offer quick charging and longer lifespans, which are vital for maintaining productivity in busy distribution centers. The rise of automation in logistics, including the use of automated guided vehicles (AGVs), further emphasizes the need for advanced battery solutions that can power these systems reliably. The growing emphasis on sustainable logistics practices is also contributing to the increasing adoption of electric forklifts, thereby boosting forklift battery sales in the logistics sector.

Retail:

In the retail sector, forklift batteries play an essential role in inventory management and logistics operations. Retailers utilize electric forklifts for various tasks, including transporting goods within warehouses, restocking shelves, and managing stock in large retail spaces. The trend toward adopting electric forklifts is largely driven by the need for efficient inventory management and the desire to reduce operating costs. Electric forklifts equipped with advanced battery technologies not only reduce carbon emissions but also offer lower maintenance costs compared to traditional internal combustion forklifts. As retailers seek to improve operational efficiency and sustainability, the demand for high-performance forklift batteries in the retail sector is expected to rise.

By Distribution Channel

Direct Sales:

The direct sales distribution channel has proven to be a viable approach for companies involved in forklift battery sales. This method allows manufacturers to engage directly with customers, providing them with tailored solutions that meet specific operational needs. Direct sales typically involve a higher degree of customer service and support, allowing for personalized consultations that can lead to improved customer satisfaction and loyalty. Additionally, direct sales often enable manufacturers to maintain better control over pricing and inventory management, which can enhance profitability. As the forklift battery market continues to grow, manufacturers are likely to leverage direct sales strategies to establish stronger relationships with end-users and capitalize on emerging opportunities.

Indirect Sales:

The indirect sales channel encompasses various intermediaries such as distributors, retailers, and resellers who facilitate the sale of forklift batteries to end-users. This distribution method allows manufacturers to expand their reach and access new customer segments that they may not be able to effectively target through direct sales alone. Indirect sales channels are particularly beneficial for companies looking to penetrate markets in different geographical regions or industries. This channel can also offer additional marketing and logistical support, helping manufacturers streamline operations. As the forklift battery market expands, leveraging indirect sales channels will become increasingly important for manufacturers seeking to maximize their market presence and capitalize on diverse opportunities.

By Technology

Fast Charge:

Fast-charging technology is revolutionizing the forklift battery market by significantly reducing downtime associated with charging. Fast charge systems allow batteries to reach a substantial charge level in a fraction of the time compared to traditional charging methods, enabling forklifts to return to operation quickly. This technology is particularly beneficial in high-demand environments, such as logistics and manufacturing, where every minute of uptime is critical. As companies seek to improve efficiency and productivity, investing in fast-charging battery systems becomes a strategic choice. Moreover, advancements in fast-charging technology are contributing to the overall appeal of electric forklifts, further stimulating growth in the forklift battery sales market.

Opportunity Charge:

Opportunity charging technology allows forklifts to recharge during breaks or between shifts, optimizing the use of equipment without needing dedicated charging stations. This approach is particularly advantageous in environments where forklifts are frequently used, such as warehouses and distribution centers. Opportunity charging ensures that batteries maintain a higher state of charge throughout the operational day, which can enhance overall productivity. As the demand for operational efficiencies continues to rise, opportunity charging technology is increasingly being integrated into battery systems, driving growth in the forklift battery sales market. Companies that adopt this technology can expect to see marked improvements in uptime and reduced operational costs.

Smart Charge:

Smart charging technology incorporates advanced battery management systems that monitor and optimize charging processes. These systems are designed to extend battery life and improve performance by adjusting charging protocols based on usage patterns and environmental conditions. Smart charging also offers features such as remote monitoring and diagnostics, enabling operators to proactively address potential issues before they become significant problems. As industries continue to prioritize efficiency and sustainability, the adoption of smart charging technology is expected to rise, fostering a long-term growth trajectory for the forklift battery market. This technology not only enhances the reliability of battery systems but also contributes to lower total cost of ownership.

Cold Storage Charge:

Cold storage charge technology is specifically designed to cater to operations in low-temperature environments, such as refrigerated warehouses. Traditional battery technologies often face challenges in cold conditions, which can lead to reduced performance and efficiency. Cold storage charge systems are engineered to maintain optimal battery performance even in frigid temperatures, enabling forklifts to operate effectively in challenging environments. As the demand for cold storage solutions grows, particularly with the increase in online grocery shopping and perishable goods handling, the need for reliable forklift battery solutions that can operate in these conditions is becoming more critical. This segment is poised for growth as companies seek to enhance their cold chain logistics capabilities.

Conventional Charge:

Conventional charging remains a staple in the forklift battery market, providing a straightforward and time-tested approach to battery management. While this method may not offer the rapid recharging capabilities of fast or smart charging technologies, it is widely adopted due to its simplicity and lower initial investment requirements. Many end-users are still comfortable with conventional charging because it aligns with established operating procedures for battery maintenance. However, as industries evolve and seek greater efficiencies, the market is witnessing a gradual shift toward more advanced charging technologies. That said, conventional charge systems will continue to play a role in the forklift battery landscape, especially in applications where cost control and reliability are prioritized over speed and efficiency.

By Region

The North American forklift battery sales market is anticipated to maintain a significant share due to the strong presence of key players and increasing investments in automation across various industries. The growing trend of e-commerce and the need for efficient material handling solutions in warehouses are contributing to the demand for electric forklifts and, consequently, forklift batteries. The market in North America is expected to register a CAGR of approximately 6.0% during the forecast period as companies continue to upgrade their equipment to meet sustainability goals. The increasing focus on reducing carbon emissions and enhancing operational efficiency is expected to further boost the adoption of electric forklifts powered by advanced battery technologies.

In Europe, the forklift battery sales market is characterized by a strong emphasis on sustainability and government regulations promoting the use of electric forklifts. The region is expected to experience steady growth, driven by a combination of factors including increased infrastructure investments, growing industrial activities, and rising environmental awareness among businesses. The European market is projected to see a CAGR of around 6.8% as companies look to transition to electric solutions to comply with stricter emissions regulations. The expansion of logistics and distribution networks in Europe is further propelling the demand for high-performance forklift batteries, creating a favorable environment for market growth.

Opportunities

The forklift battery sales market presents numerous opportunities for growth, particularly as industries around the globe pivot toward electric solutions. With the increasing adoption of electric forklifts, manufacturers can capitalize on the demand for advanced battery technologies that enhance operational efficiency and sustainability. The trend toward automation in warehouses and manufacturing facilities is another significant opportunity, as battery-powered forklifts play a crucial role in streamlining operations and improving productivity. Additionally, the push for cleaner energy solutions and government incentives for electric vehicle adoption are creating favorable conditions for forklift battery sales. Manufacturers can explore partnerships with logistics and distribution companies to develop tailored battery solutions that meet specific operational needs, further enhancing their market presence.

Moreover, technological advancements in battery systems present another avenue for growth in the forklift battery market. Innovations in battery chemistry and charging technologies, such as fast charging, opportunity charging, and smart charging, can attract a broader customer base looking for efficient and reliable energy solutions. Companies that invest in research and development to improve battery performance and reduce costs can gain a competitive edge in the market. Additionally, as companies increasingly prioritize sustainability, the development of environmentally friendly battery technologies, such as sodium-based or fuel cell batteries, can unlock new opportunities for market players and position them as leaders in the transition to cleaner energy solutions.

Threats

Despite the positive outlook for the forklift battery sales market, several threats could impede growth. One of the primary concerns is the volatility of raw material prices, particularly for lithium and cobalt, which are essential for manufacturing lithium-ion batteries. Fluctuations in these prices can lead to increased production costs, affecting profitability for manufacturers and potentially leading to higher prices for end-users. Additionally, supply chain disruptions, whether due to geopolitical factors or natural disasters, can pose significant challenges in sourcing materials and meeting customer demand. The competitive landscape is also a concern, as an increasing number of players enter the market, leading to potential price wars and reduced profit margins.

A further challenge comes from the evolving regulatory environment surrounding battery disposal and recycling. As sustainability efforts intensify, regulations governing the responsible disposal of batteries are likely to become more stringent. Companies that do not adapt to these regulatory changes may face legal repercussions and damage to their reputations. Additionally, the rapid pace of technological advancements poses a threat to companies relying on traditional battery technologies, as they may struggle to keep up with competition that embraces more innovative solutions. As the market continues to evolve, companies must remain agile and responsive to these threats to maintain their market positions.

Competitor Outlook

• Exide Technologies
• EnerSys
• Trojan Battery Company
• LG Chem
• Panasonic Corporation
• Johnson Controls
• East Penn Manufacturing
• SAFT
• Samsung SDI
• Hawker Powersource
• Crown Battery Manufacturing
• AGM Batteries
• Altairnano
• GNB Industrial Power
• ACDelco

The competitive landscape of the forklift battery sales market is characterized by the presence of several key players who are actively contributing to market growth through innovative solutions and strategic partnerships. Major manufacturers are continuously investing in research and development to enhance battery technologies and improve energy efficiency. This competitive environment is prompting firms to adopt aggressive marketing strategies to differentiate themselves from their competitors. Additionally, collaboration with logistics and industrial firms is becoming increasingly common, allowing manufacturers to develop customized battery solutions that cater to specific operational needs and enhance customer satisfaction.

Among the leading companies, EnerSys is recognized for its extensive portfolio of battery products, including advanced lithium-ion and lead-acid solutions designed for a variety of applications. The company has made significant investments in expanding its manufacturing capabilities to meet growing demand. Exide Technologies, another prominent player, offers a wide range of batteries and energy storage solutions, focusing on sustainability and efficiency as part of its growth strategy. Similarly, LG Chem is positioned as a key player in the lithium-ion battery space, leveraging its expertise in battery technology to provide high-performance solutions for electric forklifts.

Other notable companies include Trojan Battery Company, which has carved a niche in deep-cycle batteries, and Crown Battery Manufacturing, known for its reliable and durable battery options. As the forklift battery sales market continues to evolve, these companies will play crucial roles in shaping industry trends, driving innovation, and meeting the increasing demand for efficient material handling solutions. The competitive dynamics will likely intensify, with continued emphasis on sustainable practices and technological advancements remaining central to each company's strategic priorities.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 SAFT
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 ACDelco
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 EnerSys
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 LG Chem
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Altairnano
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Samsung SDI
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 AGM Batteries
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Johnson Controls
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Exide Technologies
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Hawker Powersource
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 GNB Industrial Power
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Panasonic Corporation
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Trojan Battery Company
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 East Penn Manufacturing
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Crown Battery Manufacturing
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Forklift Battery Sales Market, By Technology
    • 6.1.1 Fast Charge
    • 6.1.2 Opportunity Charge
    • 6.1.3 Smart Charge
    • 6.1.4 Cold Storage Charge
    • 6.1.5 Conventional Charge
  • 6.2 Forklift Battery Sales Market, By Application
    • 6.2.1 Warehouse
    • 6.2.2 Construction
    • 6.2.3 Manufacturing
    • 6.2.4 Logistics
    • 6.2.5 Retail
  • 6.3 Forklift Battery Sales Market, By Product Type
    • 6.3.1 Lead-acid Batteries
    • 6.3.2 Lithium-ion Batteries
    • 6.3.3 Nickel-based Batteries
    • 6.3.4 Sodium-based Batteries
    • 6.3.5 Fuel Cell Batteries
  • 6.4 Forklift Battery Sales Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Indirect Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Forklift Battery Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Forklift Battery Sales market is categorized based on

By Product Type

• Lead-acid Batteries
• Lithium-ion Batteries
• Nickel-based Batteries
• Sodium-based Batteries
• Fuel Cell Batteries

By Application

• Warehouse
• Construction
• Manufacturing
• Logistics
• Retail

By Distribution Channel

• Direct Sales
• Indirect Sales

By Technology

• Fast Charge
• Opportunity Charge
• Smart Charge
• Cold Storage Charge
• Conventional Charge

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Exide Technologies
• EnerSys
• Trojan Battery Company
• LG Chem
• Panasonic Corporation
• Johnson Controls
• East Penn Manufacturing
• SAFT
• Samsung SDI
• Hawker Powersource
• Crown Battery Manufacturing
• AGM Batteries
• Altairnano
• GNB Industrial Power
• ACDelco