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Global Battery Market for Energy Storage in the Telecom Sector to Grow at a CAGR of 10.5% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Battery market for Energy Storage in Telecom Sector 2015 - 2019” research report to their website


Lewes, DE -- (SBWIRE) -- 03/17/2016 -- Report forecast the global battery market for energy storage in the telecom sector to grow at a CAGR of 10.5% during the period 2016-2020.

The global telecom sector has grown significantly in the last 5-10 years. Wired telecom infrastructure has witnessed a revolution with the entry of cellular systems. Technological advances have made it essential for telecommunication networks to have a continuous supply of power in order to function effectively. Uninterrupted power supply can be achieved through grid or diesel generator sets.

However, growing concerns about environmental and climate change issues have fueled the need for telecom towers that utilize clean energy. Renewable power sources such as solar and wind are used to power these towers. In case of grid failure, batteries are used to provide backup as standby power to telecom towers.

The report covers the present scenario and the growth prospects of the global battery market for energy storage in the telecom sector for 2015-2019. To calculate the market size, the report considers the overall battery storage for telecom towers based on different battery technologies.

The market is divided into the following segments based on geography:
- Americas

According to the report, the rise in telecom subscriptions worldwide has led to increased number of telecom tower installations. This has led to rising consumption of diesel. An overall estimate of 80% telecom towers operate on diesel generators, thus resulting in high-energy costs. Therefore, using batteries in place of diesel generators help operators reduce costs related to fuel transport and generator maintenance.

Further, the report states that growing consumption of lead-acid batteries for large ESS has resulted in formation of deposits on negative electrodes. This will hinder the performance of ESS.

Global Battery Market for Energy Storage in Telecom Sector 2015-2019, 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.

key players in the Global Battery Market for Energy Storage in Telecom Sector: East Penn, Eaton, EnerSys, and Exide.

Other Prominent Vendors in the market are: ACME, Sacred Sun, Trojan Battery, and Victron Energy, FIAMM Energy Storage, GS Yuasa, HOPPECKE Batterien, LG, NorthStar, Saft, and Samsung SDI

Market driver
- Use of batteries in telecom towers improves economies of scale
- For a full, detailed list, view our report

Market challenge
- Operational challenges related to lead-acid batteries
- For a full, detailed list, view our report

Market trend
- Contracts between telecom operators and battery suppliers
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 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?

Spanning over 92 pages and 46 Exhibit "Global Battery market for Energy Storage in Telecom Sector 2015 - 2019" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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