C&D Technologies, East Penn Manufacturing, and EnerSys are three key vendors highlighted in a new Technavio report
London, 08 October 2015 – Technavio has published a new report on the global stationary lead-acid (SLA) battery market, which is expected to grow at a CAGR of nearly 7% from 2015-2019.
Stationary lead-acid battery market segmentation including end-user application and geography
Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different end-user applications, including telecommunications, UPS, utilities, oil and gas industry, and others.
Additionally, analysts have segmented market projections by key geography, focusing on the Americas, EMEA, and the APAC region.
The latest report by Technavio also indicates the remarkable surge in the demand for energy storage system (ESS).
“The global energy demand is expected to increase up to 75% by 2035, and energy storage systems will help maintain a backup to cater to this high demand. Large-scale grid energy storage systems will meet this need and SLA batteries will facilitate grid power storage,” says Faisal Ghaus, Vice President of Technavio.
Stationary lead-acid battery: Market scope and calculation of market size
This report covers the present scenario and growth prospects for the global stationary lead-acid battery market from 2015-2019. To calculate market size, the report considers global lead-acid battery demand for stationary applications.
Industry analysis includes:
Key Vendors:
- C&D Technologies
- East Penn Manufacturing
- EnerSys
- Exide Technologies
- GS Yuasa
- Saft
Market Growth Drivers:
- Increased usage in data centers
- Surge in demand from UPS systems
Market Challenges:
- Rising incidences of lead pollution
- Competition from Li-ion batteries
Market Trends:
- Surge in ESS projects
- Need for increased recycling and reduced GHG emissions
View the global stationary lead-acid battery market report.
https://www.technavio.com/%3Cp%3E%3Cstrong%3E%3Ca%20href%3D%22http%3A//ww…
