1h Free Analyst Time
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FEATURED COMPANIES
- East Penn Manufacturing
- EnerSys
- Exide Technologies
- Leoch Battery
- Narada Power
- Trojan Battery
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
Rise in 4G subscription to drive growth in the gel batteries market. With the growing subscription of 4G users globally, the need for installation of new telecom towers will also increase. These factors will boost the demand for energy storage devices in telecommunication industry during the forecast period, thus driving growth in the gel batteries market. The analysts have predicted that the gel batteries market will register a CAGR of more than 3% by 2022.
Market Overview
Increment in microgrids installation
As gel batteries are low maintenance batteries and provide longer quality services, they are well suited for operation in extreme temperatures. This will enhance the productivity and adoption of gel batteries. Thus, the deployment of gel batteries in microgrids act as one of the prominent factors in the growth of the global gel batteries market.
Increasing threat of substitutes
The gel batteries can be easily replaced by the AGM batteries and other flooded batteries due to the various advantages associated with these batteries such as cost effectiveness and better performance.
For the detailed list of factors that will drive and challenge the growth of the gel batteries market during the 2018-2022, view this report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Narada Power and Trojan Battery, the competitive environment is quite intense. Factors such as the increment in microgrids installation and the rise in 4G subscription, will provide considerable growth opportunities to gel batteries manufactures. East Penn Manufacturing, EnerSys, Exide Technologies, Leoch Battery, Narada Power, and Trojan Battery are some of the major companies covered in this report.
Market Overview
Increment in microgrids installation
As gel batteries are low maintenance batteries and provide longer quality services, they are well suited for operation in extreme temperatures. This will enhance the productivity and adoption of gel batteries. Thus, the deployment of gel batteries in microgrids act as one of the prominent factors in the growth of the global gel batteries market.
Increasing threat of substitutes
The gel batteries can be easily replaced by the AGM batteries and other flooded batteries due to the various advantages associated with these batteries such as cost effectiveness and better performance.
For the detailed list of factors that will drive and challenge the growth of the gel batteries market during the 2018-2022, view this report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Narada Power and Trojan Battery, the competitive environment is quite intense. Factors such as the increment in microgrids installation and the rise in 4G subscription, will provide considerable growth opportunities to gel batteries manufactures. East Penn Manufacturing, EnerSys, Exide Technologies, Leoch Battery, Narada Power, and Trojan Battery are some of the major companies covered in this report.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- East Penn Manufacturing
- EnerSys
- Exide Technologies
- Leoch Battery
- Narada Power
- Trojan Battery
PART 01: EXECUTIVE SUMMARYPART 02: SCOPE OF THE REPORTPART 03: RESEARCH METHODOLOGYPART 08: CUSTOMER LANDSCAPEPART 10: DECISION FRAMEWORK
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 09: REGIONAL LANDSCAPE
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: ABBREVIATIONS
List of Exhibits
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- East Penn Manufacturing
- EnerSys
- Exide Technologies
- Leoch Battery
- Narada Power
- Trojan Battery
Global Gel Batteries Market 2018-2022
The analyst recognizes the following companies as the key players in the global gel batteries market: East Penn Manufacturing, EnerSys, Exide Technologies, Leoch Battery, Narada Power, and Trojan Battery.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the rise in 4G subscription.”
According to the report, one of the major drivers for this market is the increment in microgrids installation.
Further, the report states that one of the major factors hindering the growth of this market is the increasing threat of substitutes.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The analyst recognizes the following companies as the key players in the global gel batteries market: East Penn Manufacturing, EnerSys, Exide Technologies, Leoch Battery, Narada Power, and Trojan Battery.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the rise in 4G subscription.”
According to the report, one of the major drivers for this market is the increment in microgrids installation.
Further, the report states that one of the major factors hindering the growth of this market is the increasing threat of substitutes.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- East Penn Manufacturing
- EnerSys
- Exide Technologies
- Leoch Battery
- Narada Power
- Trojan Battery
Note: Product cover images may vary from those shown
