Industrial Batteries Market Size to Register 6.5% CAGR During Forecast Period


Posted September 20, 2016 by Priyasharma

Industrial Batteries Market is projected to reach USD 10.84 billion by 2021, at a CAGR of 6.5% between 2016 and 2021.

 
The rising demand for grid-connected solutions, government incentives for the use of green and clean energy, and recyclability of the batteries are expected to propel the growth of the market.

Complete report on Industrial Batteries Market spread across 155 pages, profiling 9 companies and supported with 90 tables and 52 figures is now available at
http://www.rnrmarketresearch.com/industrial-batteries-market-by-type-lead-acid-nickel-based-lithium-based-end-user-industry-telecom-data-communication-uninterruptible-power-supply-ups-backup-industrial-equipment-grid-level-energy-stora-st-to-2021-market-report.html
Telecom & data communication was the largest segment of the industrial batteries market in 2015, and is projected to be the fastest-growing segment from 2016 to 2021. The growth of this segment can be mainly attributed to the growth in the telecom industry and increasing demand for high efficiency power backup.
Based on type, lead-acid batteries was the largest segment of the industrial batteries market in 2015. Lithium-based batteries are expected to be the fastest-growing segment of the market, since these batteries are rapidly being adopted owing to their increased life, recyclability, and low emission.

This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (40%); Tier 2 (25%) and other (35%) companies were contacted for interviews. The interviews were conducted with various key people such as C-level (35%), Director level (40%), Others (25%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (25%), Europe (20%), Asia-Pacific (40%), Middle East & Africa (10%), and Central & South America (5%).

Furthermore, as a part of qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by different market players, including Johnson Controls (U.S.), GS Yuasa (Japan), Exide Technologies Inc. (U.S.), EnerSys Inc. (U.S.), and SAFT Group S.A. (France), among others.
Ask for a discount before order a copy of Industrial Batteries Market by type (Lead-Acid, Nickel-Based, Lithium-Based), end-user industry (Telecom & Data Communication, Uninterruptible Power Supply (UPS)/Backup, Industrial Equipment, Grid-Level Energy Storage), and region - Global Forecast to 2021 at http://www.rnrmarketresearch.com/contacts/discount?rname=694366
The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research titled with Chlorinated Polyethylene Market by Application (Impact Modifier, Wire and Cable Jacketing, Hose & Tubing, IR ABS, Adhesives, Magnetics, Others), Grade (CPE 135A, CPE 135B, Others), and Region - Global Forecasts to 2021. The global chlorinated polyethylene market is projected to grow from USD 395.4 million in 2015 to USD 620.2 million by 2021, at a CAGR of 8.0% during the forecast period. Now available at http://www.rnrmarketresearch.com/chlorinated-polyethylene-market-by-application-impact-modifier-wire-and-cable-jacketing-hose-tubing-ir-abs-adhesives-magnetics-others-grade-cpe-135a-cpe-135b-others-and-region-global-forecasts-to-2021-market-report.html
About Us:
RnRMarketResearch.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.
Contact:
Ritesh Tiwari
2nd Floor, Metropole,
Next to Inox Theatre,
Bund Garden Road,
Pune - 411001
Maharashtra, India.

Connect with Us:
Google Plus: https://plus.google.com/104156468549256253075/posts
Twitter: https://twitter.com/RnRMR
Facebook: https://www.facebook.com/pages/RnR-Market-Research/413488545356345
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Priya
Country India
Categories Energy , Industry
Tags industrial batteries , industrial batteries market
Last Updated September 20, 2016