Battery Market for Energy Storage in Telecom Sector 2016 to Grow at a CAGR of 10.5% During the Period to 2020
Battery market for Energy Storage in Telecom Sector 2016 size, share, growth, trends, review, research, industry analysis and forecast upto 2020 by Market Research Store
Deerfield Beach, FL -- (SBWire) -- 04/15/2016 --About Battery Market for Energy Storage in Telecom Sector
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.
Global battery market for energy storage in the telecom sector to grow at a CAGR of 10.5% during the period 2016-2020.
Covered in this report
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
- APAC
- EMEA
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.
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Key vendors
- East Penn
- Eaton
- EnerSys
- Exide
Other prominent vendors
- ACME
- Sacred Sun
- Trojan Battery
- Victron Energy
- FIAMM Energy Storage
- GS Yuasa
- HOPPECKE Batterien
- LG
- NorthStar
- Saft
- Samsung SDI
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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
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