EnerSys engages in the design, manufacture, and distribution of energy systems solutions, motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories, and outdoor equipment enclosures to customers worldwide.
Energy Systems, which combine power conversion, power distribution, energy storage, and thermally managed enclosures, are used in the telecommunication, broadband, data center, and utility industries, uninterruptible power supplies, and numerous appli...
EnerSys engages in the design, manufacture, and distribution of energy systems solutions, motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories, and outdoor equipment enclosures to customers worldwide.
Energy Systems, which combine power conversion, power distribution, energy storage, and thermally managed enclosures, are used in the telecommunication, broadband, data center, and utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions. Motive Power batteries and chargers are utilized in electric forklift trucks, automated guided vehicles (AGVs), and other industrial electric powered vehicles. Specialty batteries are used in aerospace and defense applications, large over the road trucks, premium automotive, portable power solutions for soldiers in the field, medical and security systems applications. New Ventures provides energy storage and management systems for demand charge reduction, utility back-up power, and dynamic fast charging for electric vehicles. The company also provides aftermarket and customer support services to over 10,000 customers in more than 100 countries through a network of distributors, independent representatives, and its internal sales force around the world.
Segments
The company operates through four segments: Energy Systems, Motive Power, Specialty, and New Ventures.
Energy Systems - uninterruptible power systems, or UPS applications for computer and computer-controlled systems, as well as telecommunications systems, switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage and energy pipelines. Energy Systems also includes highly integrated power solutions and services to broadband, telecom, data center, and industrial customers, as well as thermally managed cabinets and enclosures for electronic equipment and batteries.
Motive Power - power for electric industrial forklifts, AGVs other material handling equipment used in manufacturing, and warehousing operations, as well as equipment used in floor care, mining, rail and airport ground support applications.
Specialty - premium starting, lighting and ignition applications in transportation, energy solutions for satellites, spacecraft, commercial aircraft, military, aircraft, submarines, ships, other tactical vehicles, defense applications and portable power solutions for soldiers in the field, as well as medical devices and equipment.
New Ventures - energy storage and management systems for demand charge reduction, utility back-up power, and dynamic fast charging for electric vehicles.
Customers
The company serves over 10,000 customers in over 100 countries, on a direct basis or through its distributors. The company’s customer base is highly diverse, and no single customer accounts for more than 10% of its revenues.
The company’s Energy Systems customers consist of both global and regional customers. These customers are in diverse markets including telecommunication and broadband services, data centers, electric utilities, emergency lighting, renewable energy, and industrial utilities.
The company’s Motive Power products are sold to a large, diversified customer base. These customers include material handling equipment dealers, forklift and heavy truck original equipment manufacturers (OEMs) and end users of such equipment. End users include manufacturers, distributors, warehouse operators, retailers, airports, mine operators and railroads.
The company’s Specialty products are utilized in transportation, primarily in premium automotive and large over-the-road trucking, aerospace and defense and medical markets. The products are sold globally to OEMs, distribution partners, vehicle fleets and directly to government entities, such as the United States of America, Germany and the United Kingdom.
The company’s New Ventures energy storage and management systems are sold to customers who own or manage commercial real estate and own or manage retail operations. The systems are sold globally through the company’s direct sales channel. The company received its first system orders in fiscal year 2024 from its launch customer in Canada and other customers based in the United States.
Distribution and Services
The company distributes, sells and services its products throughout the world, principally through company-owned sales and service facilities, as well as through independent manufacturers’ representatives. The company-owned network allows it to offer high-quality service, including preventative maintenance programs and customer support. The company’s warehouses and service locations enable it to respond quickly to customers in the markets it serves.
Competition
Energy Systems: The company competes principally with East Penn Manufacturing, Exide Technologies (Stryten), Fiamm, SAFT, Hoppecke, New Power, C&D Technologies Inc., Vertiv, ABB, Amphenol, Eltek (a Delta Group company), as well as Chinese producers.
Motive Power: The company’s primary global competitors in traditional lead-acid include East Penn Manufacturing, Exide Technologies (Stryten), Hoppecke, Eternity, Midac, Sunlight and TAB, as well as a number of domestic Chinese manufacturers.
Specialty: The company’s major competitors in AGM technology are Clarios, East Penn Manufacturing, Exide Technologies (Stryten), Fiamm, Banner and Atlas. In the Aerospace and Defense specialized markets its main competitors are Eagle Picher and SAFT.
New Ventures: The company’s primary competitors are Jule, Tritium, and ABB.
Seasonality
Historically, the company’s fourth quarter (year ended March 31, 2025) is its best quarter with higher revenues and generally more working days while its second quarter is the weakest due to the summer holiday season in Western Europe and North America.
Environmental Matters
In addition, the company is required to comply with the regulation issued from the European Union called Registration, Evaluation, Authorization and Restriction of Chemicals or ‘REACH’.
History
The company was founded in 1991. The company was incorporated in 2000. The company was formerly known as Yuasa, Inc. and changed its name to EnerSys in January 2001.