Press release
Substation Batteries Market Key Statistics on the State of the Industry Players like Johnson Controls Inc. , Exide Technologies ,Robert Bosch GmbH , and Saft Groupe S.A.
The rise in industrialization and urbanization are some of the factors contributing towards the growth of the substation batteries market during the forecasted period. The increase in demand for substation batteries is directly proportional to the need for electricity. Developing nations are making more use of substation batteries as they tend to face problems due to loss of power supply, which is also a reason for revenue loss. Hence, developing nations are promoting the market growth more than the developed nations. Advancement in technology used in substation batteries is creating newer opportunities for the market growth. However, alternative sources of power supply are restricting the market growth specifically in developed regions.
Get Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/933
Industry News:-
In May, 2017 – GS Yuasa Corporation announced that its container lithium-ion battery system with storage battery capacity of 6,750kWh was delivered to Kushiro Town Toritoushi Wildland Solar Power Plant, which started using the battery system on April 3, 2017. With the GS Yuasa product, the plant became Hokkaido Electric Power’s first mega-solar system installed with lithium-ion storage batteries made in Japan.
In April, 2017 – Johnson Controls Inc. invested $7.5 million in its battery plant on Wetmore Road in Northeast San Antonio. The investment is a part of a $245 million expansion to the company's battery plants in U.S. and Mexico, which was announced in 2016. The multi-industrial company announced it will make the investments to increase its capacity to produce absorbent glass mat, or AGM, batteries that are used in start-stop vehicle systems and that provide more power for modern vehicles.
Substation Batteries Market – Segmentation
The scope of global substation batteries market is segmented into one major segments which are explained below:
By Type:
• Lead Acid Batteries
• Vented Batteries
• Sealed Batteries
• Nickel Cadmium Batteries
Industry Top Key Players:-
Johnson Controls Inc. (U.S.), Exide Technologies (U.S.), GS Yuasa (Japan), Robert Bosch GmbH (Germany), and Saft Groupe S.A. (France) among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global substation batteries market.
Access Complete Report @ https://www.marketresearchfuture.com/reports/substation-batteries-market-933
Regional Analysis:-
Geographically, the global substation batteries market has been divided into North America, Europe, Asia Pacific and Rest of the World. The Asia-Pacific region holds the highest market share and is the largest revenue contributor of the substation batteries market. The region shall continue to dominate during the forecasted period because of increase in industrialization and rising demand of electricity. Due to frequent loss of power supply, more industries are opting for substation batteries as external power sources, hence boosting the market growth. Europe and North America region are also witnessing a steady market growth during the forecasted period. In addition, Middle East and Africa region is showing a considerable growth pattern of the substation batteries market.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Substation Batteries Market Key Statistics on the State of the Industry Players like Johnson Controls Inc. , Exide Technologies ,Robert Bosch GmbH , and Saft Groupe S.A. here
News-ID: 1251413 • Views: …
More Releases from Market Research Future
Ophthalmic Topical Therapeutics Market | Global Market Analysis Report - 2035
Ophthalmic Topical Therapeutics: Advancing Eye Care Through Targeted Treatment
Ophthalmic topical therapeutics have become a cornerstone in modern eye care, offering precise, localized treatment for a wide range of ocular conditions. Unlike systemic medications, which circulate throughout the body and may produce unintended side effects, topical therapies deliver active compounds directly to the eye, ensuring higher efficacy and a faster onset of action. This localized approach not only improves treatment outcomes…
Mental Health Apps Market Share, Size, Growth and Forecast to 2035
Mental Health Apps: Transforming the Way We Care for Our Minds
In recent years, mental health has gained increasing recognition as an essential component of overall well-being. Despite growing awareness, many individuals still face barriers to accessing mental health support, including stigma, cost, and geographic limitations. Mental health apps have emerged as a transformative solution, leveraging technology to provide accessible, personalized, and convenient mental health care for millions worldwide.
The Rise of…
Surgical Gloves Market Size, Share, Growth | CAGR of 4.95%
Surgical Gloves: A Critical Component of Modern Healthcare
Surgical gloves have become an indispensable element in modern healthcare, serving as a first line of defense against contamination, infection, and disease transmission. These gloves are not just protective gear-they are a symbol of safety, hygiene, and precision in medical practice. Their significance spans from routine hospital procedures to complex surgical interventions, highlighting their essential role in patient care and medical safety protocols.
The…
Asia Pacific CRO Market Size, Share & Growth Report by 2035
Asia Pacific CRO Market: Driving Innovation and Transformation in the Clinical Research Landscape
The Asia Pacific Contract Research Organization (CRO) market has been witnessing significant growth over the past decade, emerging as a pivotal hub for clinical research and drug development. With a growing population, increasing prevalence of chronic diseases, and rising investments in healthcare infrastructure, the region has become an attractive destination for pharmaceutical and biotechnology companies seeking cost-effective and…
More Releases for Batteries
Lithium Coin Batteries Market | Duracell, Energizer, FDK, GP Batteries
The global lithium coin batteries market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the lithium coin batteries market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
India Lithium-Ion Battery Market Top Key Players - Exide Batteries India, TDS Gu …
As electrode materials for India Lithium-Ion Battery Market, nanomaterials have several unique physicochemical properties, such as large surface area, short transport length, high reversible capacity, and long cycle life. Energy storage in lithium-ion batteries is based on inserting lithium into either a type of graphite (cathode) or an oxide (anode). Charging and discharging consist of the transport of lithium ions between two storage media.
Developing next-generation lithium-ion batteries with dramatically…
India Lithium-Ion Battery Market Top Key Players - Exide Batteries India, TDS Gu …
India Lithium-Ion Battery Market are a group of rechargeable battery types in which lithium ions move to the anode at the negative electrode during discharge and re-move during charging. Chemical, performance, cost, and safety characteristics depend on the type of lithium-ion battery.
India Lithium-Ion Battery Market is common in home appliances. They are the most popular rechargeable batteries for portable electronics, either with the highest energy-to-weight ratio, high open…
India Lithium ion Battery Market Top Key Players - Exide Batteries India, TDS Gu …
The lithium-ion batteries market in India is expected to grow significantly in the next five years. Some of the important initiatives by the Government of India that will accelerate the growth of this market are National Electric Mobility Mission Plan 2020, with a projection of getting 6-7 million electric vehicles on Indian roads by 2020 and a target of 175 GW installation of renewable energy by 2022.
Beyond consumer electronics, lithium-ion…
Motorcycle Batteries Market Growing Up By Type: Lithium-ion Batteries, Lead-acid …
Acumen Research and Consulting has announced the addition of the "Motorcycle Batteries Market” report to their offering.
The Motorcycle Batteries Market Report 2018 is an in depth study analyzing the current state of the Motorcycle Batteries Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Motorcycle Batteries Market provides analysis of China market covering the industry trends, recent…
AGM batteries compared with lithium-ion batteries, increasing demand for high po …
The global AGM battery market size is estimated to grow from USD 10.2 billion in 2019 to USD 13.9 billion by 2025; it is expected to grow at a CAGR of 5.3%. The growth of this market is expected to be driven by the inherent benefits of AGM batteries such as their maintenance free & non-spillable nature, upsurge in renewable energy investments, increasing demand for energy storage solutions for high-current…
