Dec 18, 2018 SOURCE: BusinessWire

Middle East & North Africa Battery (Lead Acid, Lithium-ion, Nickel-Based & Alkaline Flow) Market, Competition Forecast & Opportunities, 2013-2018 & 2023 - ResearchAndMarkets.com

The "Middle East & North Africa Battery Market By Type (Lead Acid, Lithium-ion, Nickel-Based & Alkaline Flow), By Application (Industrial, Automotive, Electronics, Inverter/ESS & Others), By Country, Competition Forecast & Opportunities, 2013-2023" report has been added to ResearchAndMarkets.com's offering.

Middle East & North Africa battery market is projected to reach $4.48 billion by 2023, predominantly on the back of increasing vehicle fleet size and growing demand for premium cars in the region.

Increasing penetration of lithium-ion batteries, owing to growing focus of the governments across the region to promote the use of electric vehicles and energy storage solutions in renewable based power sector, is driving the demand for batteries in the region during forecast period.

Moreover, expanding 5th Generation based telecommunication network and implementation of Vision Documents in Saudi Arabia, UAE, Qatar and Kuwait are likely to further aid the Middle East & North Africa battery market in the coming years.

Middle East & North Africa Battery Market, 2013-2023 discusses the following aspects of Battery market in Middle East & North Africa:

Battery Market Size, Share & Forecast
Segmental Analysis - By Type (Lead Acid, Lithium-ion, Nickel-Based & Alkaline Flow), By Application (Industrial, Automotive, Electronics, Inverter/ESS & Others), By Country
Competitive Analysis
Changing Market Trends & Emerging Opportunities

Why You Should Buy This Report?

To gain an in-depth understanding of Battery in Middle East & North Africa
To identify the on-going trends and anticipated growth in the next five years
To help industry consultants, Battery distributors and other stakeholders align their market-centric strategies
To obtain research-based business decisions and add weight to presentations and marketing material
To gain competitive knowledge of leading market players
To avail of 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer's specific needs

Some of the major players operating in Middle East & North Africa battery market are