Global Industrial Lead-Acid Battery Market | MarketResearchReports.biz
About Industrial Lead-acid Battery
Lead-acid batteries are designed to maximize current paths and lower internal resistance. They can be serviced, are maintenance-free, and have maximum usable power. Flooded lead-acid (FLA) and valve regulated lead-acid (VRLA) batteries are the two major types of lead-acid batteries. VRLA batteries are designed to provide extended runtime without the need for high specific gravity electrolytes. For the past few decades, lead-acid batteries had been dominating the global battery market, but during 2016, Li-ion batteries gained prominence due to the decline in their price, higher efficiency, and environment-friendliness.
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Technavios analysts forecast the global industrial lead-acid battery market to grow at a CAGR of 5.39% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial lead-acid battery market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of industrial lead-acid batteries.
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The market is divided into the following segments based on geography:
Technavio's report, Global Industrial Lead-acid Battery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
East Penn Manufacturing
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Other prominent vendors
HBL Power Systems
Storage Battery Systems
Su-Kam Power Systems
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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