Rechargeable Battery Market Worldwide Canvassed by Infiniti Research in In-demand Report Available at MarketPublishers.com12 Feb 2016 • by Natalie Aster
LONDON – Lead-acid batteries are the leading battery technology in the market for rechargeable batteries; they are used in stationary, automotive, and deep-cycle batteries.
The world rechargeable battery market is forecast to exhibit an 8.2% CAGR through to 2019. The factors most responsible for the growth and expansion of the market include the soaring number of Li-ion battery production bases across China, supportive government policies and initiatives, increased demand for green power, demand for more effective power tools, increased demand for lead-acid batteries from SLI applications, and rising popularity of stop-start systems in vehicles. The market has also seen the rising influence of consumer electronic device segment, uprise of smartphones in the developing world, heavy investments in charging infrastructure, increased demand for Li-ion batteries in large-scale energy storage, among others.
However, the challenges facing the market comprise the ban of nickel-cadmium (NiCd) batteries in Europe, operational challenges, Li-ion battery's explosive tendencies, increasing incidence rates of lead pollution, governments’ stringent regulations, among others.
Top vendors operating in the marketplace include C&D Technologies, EnerSys, Exide Technologies, East Penn Manufacturing, GS Yuasa, Panasonic, VARTA Microbattery, LG Chem and Samsung SDI.
In-demand report “Global Rechargeable Battery Market 2015-2019” elaborated by Infiniti Research draws up an all-round picture of the present situation in the rechargeable battery market globally. The study delves deep into the market background as well as speculates about the future growth path of the market through to 2019. It presents detailed market segmentation by battery type, application and by geography. The report calculates the market size by examining the overall demand for the battery types discussed across end-user segments; and incorporates Porter’s five forces analysis. The publication identifies the market drivers, challenges and prevalent trends. Furthermore, the study investigates the competitive landscape, profiling the top vendors operating in the marketplace and limelighting their weaknesses and strengths, amid others.
Global Rechargeable Battery Market 2015-2019
Published: January, 2016
Price: US$ 3,000.00
More reports elaborated by this publisher can be found at Infiniti Research page.