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Holding Company
INTERNET | Internet Software & Services / Supply Chain & Logistics
surgeholdings.com

Investments

1

Partners & Customers

5

About Surge Holdings

Surge Holdings (OTCMKTS: SURG) is a retail supply chain company leveraging blockchain technology to provide a virtual distribution hub for retailers, as well as offer telecom services for low income customers and financial payment services for the unbanked and under-banked. Surge products are delivered through a nationwide network of convenience stores and corner markets connected to the SurgePays retail blockchain network.

Headquarters Location

3124 Brother Blvd Ste 104

Bartlett, Tennessee, 38133,

United States

901-229-7205

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Latest Surge Holdings News

Lead Acid Battery Market to Exceed USD 77.88 billion by 2030 – Exclusive Report by Astute Analytica

Dec 7, 2022

News Provided By Share This Article CHICAGO, UNITED STATES, December 7, 2022 / EINPresswire.com / -- Global Lead Acid Battery Market is forecast to record an increase in revenue from US$ 44.86 billion in 2021 to US$ 77.88 billion by 2030. The market is growing at a CAGR of 6.53% during the forecast period from 2022 to 2030. Request Sample Report at: https://www.astuteanalytica.com/request-sample/lead-acid-battery-market The lead acid battery was the first rechargeable battery. When compared to the existing rechargeable batteries, they have a low energy density. Despite this, the cell's ability to deliver substantial surge currents gives them a high power-to-weight ratio. These qualities make them ideal for use in automotive to deliver the high current required by starter motors, in addition to their inexpensive price. Lead acid is also used in many different sectors, including industrial, automotive, manufacturing, communications, UPS, and utilities, to name a few. Market Growth Factors The major factor responsible for the growth of the global lead-acid battery industry includes cost-competitive energy storage solutions. Many organizations invest heavily in battery storage solutions since energy storage expenditures are crucial, particularly for industries. Moreover, the market has a promising prospect for growth due to the expansion of data center infrastructure. As they provide backup power to meet the backup power needs of diverse businesses, data centers have a significant demand for battery storage. But until recently, lead-acid batteries were the most economically viable technology. Lead-acid batteries are becoming less and less competitive in terms of cost-effectiveness as other battery storage technologies, mainly lithium-ion technology, gain headway. For instance, Surge Holdings, Inc., QUALCOMM, Juniper Networks, and Verizon Communications Inc. are active technology businesses in the market. Surge Holdings, Inc., a telecom and Fintech software firm based in Las Vegas, recently shared its market expansion strategy with over 20 million active US troops, veterans, and close family members. There will be an increasing need for central power backup facilities in the future as lead-acid batteries will power even the UPSs. With the profusion of data centers, it is anticipated that users will use them more frequently. Additionally, the lead acid battery market is anticipated to expand slowly over the projection period as a result of the ongoing COVID-19 global pandemic. The government has implemented strict lockdown regulations and social distancing legislation to stop the coronavirus from spreading throughout the community, which will reduce the market demand for lead acid battery systems. Segmentation Overview In 2021, in terms of type, the flooded battery segment dominated the global lead-acid battery industry. This is due to the growing marine trade initiatives that are likely to drive the growth opportunities for the flooded battery segment. On the other hand, the VRLA battery segment is likely to grow at the highest annual growth rate from 2022 to 2030 due to the fact that VRLA batteries offer an excellent performance level with a longer life cycle. In 2021, based on application, the automotive starter segment held a significant share of the global lead acid battery industry. This is owing to the rising trend for electric vehicles and the need for cost-competitive energy bases in the marketplace. On the other hand, the forklifts & other vehicles segment will grow at a compound annual growth rate throughout the forecast years forklift trucks are mostly employed in the material handling business due to their cost-effectiveness, where productivity and affordability are of utmost importance. Regional Insights In 2021, in terms of country, the Asia Pacific region had a maximum share and led the global lead acid battery industry. This is owing to increased sales and production of automobiles, growing industrialization, increasing population, and growing demand for UPS systems. The Society of Indian Automobile Manufacturers reports that overall auto sales increased by 14.22% from 2016-2017 to 2017-2018. SLI lead-acid batteries will become more popular as auto sales increase. Browse Detailed Summary of Research Report: https://www.astuteanalytica.com/industry-report/lead-acid-battery-market Companies Landscape Clarios Market Strategies Adopted by these Players In April 2022, Off-grid Energy Labs released a statement announcing the release of their distinctive ZincGel Battery, which will supply India's EV battery-switching industry with durable batteries. In January 2022, Exide Technologies released Motion+ Fleet, a new cloud-based technology. Logistics are converted into precise real-time data via the new fleet management tool. It enables warehouse managers to make informed judgments about battery use from anywhere in the world by turning their intuition into data. In January 2022, Yuasa battery released the most recent YBX product range for automobiles and marine vessels. As soon as batteries with highly designed technology and sophisticated power requirements become available, users will be able to install them into their luxury vehicles and harness the power they rely on for their trips. In March 2019, GS Yuasa Corporation revealed that an affiliate using the equity method in Turkey, GS Yuasa International Ltd., has begun operations at a new automotive lead-acid storage battery factory. The new facility, which makes use of the most recent technologies, manufacturing processes, and quality standards from the GS Yuasa Group, will be principally responsible for producing high-performance lead-acid storage batteries for green vehicles. In July 2018, EnerSys, the maker of ODYSSEY batteries, a global pioneer in stored energy solutions for industrial applications, was recently granted Approved Vendor status by the National PRONTO Association. EnerSys can now provide superior Absorbed Glass Mat ODYSSEY batteries to PRONTO warehouse distribution members as an Approved Vendor. Segmentation Outline By Type Segment About Astute Analytica Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the Globe. They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of best cost-effective, value-added package from us, should you decide to engage with us. Aamir Beg

Surge Holdings Investments

1 Investments

Surge Holdings has made 1 investments. Their latest investment was in Centercom Global as part of their Corporate Minority on December 12, 2018.

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Surge Holdings Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/27/2018

Corporate Minority

Centercom Global

Yes

2

Date

12/27/2018

Round

Corporate Minority

Company

Centercom Global

Amount

New?

Yes

Co-Investors

Sources

2

Surge Holdings Acquisitions

3 Acquisitions

Surge Holdings acquired 3 companies. Their latest acquisition was GBT Technologies - ECS Prepaid, Electronic Check Services, and Central State Legal Services on October 03, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/3/2019

$99M

Acquired Unit

1

10/26/2016

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$99M

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10

11/2/2015

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$99M

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10

Date

10/3/2019

10/26/2016

11/2/2015

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

Total Funding

Note

Acquired Unit

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Sources

1

10

10

Surge Holdings Partners & Customers

5 Partners and customers

Surge Holdings has 5 strategic partners and customers. Surge Holdings recently partnered with Sun Viet Telecommunication Technology on November 11, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

11/25/2019

Supplier

Vietnam

SurgePhone Wireless Signs Distribution Agreement with Softel Technologies

Jonathon Coffman , VP of Wireless Sales for Surge Holdings , Inc. , commented , `` We are excited to partner with Softel , as this supply and distribution agreement removes constraints procuring quality phones and opens new and much larger markets .

2

10/17/2019

Licensor

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10

7/18/2019

Partner

United States

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10

6/12/2019

Supplier

United States

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10

3/28/2019

Partner

United States

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10

Date

11/25/2019

10/17/2019

7/18/2019

6/12/2019

3/28/2019

Type

Supplier

Licensor

Partner

Supplier

Partner

Business Partner

Country

Vietnam

United States

United States

United States

News Snippet

SurgePhone Wireless Signs Distribution Agreement with Softel Technologies

Jonathon Coffman , VP of Wireless Sales for Surge Holdings , Inc. , commented , `` We are excited to partner with Softel , as this supply and distribution agreement removes constraints procuring quality phones and opens new and much larger markets .

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Sources

2

10

10

10

10

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