Jan 24, 2020   SOURCE: BusinessWire

Global Battery Market in Telecommunication Industry Expected to Grow with a CAGR of 12% During the Forecast Period, 2020-2024 - ResearchAndMarkets.com

The "Battery Market in Telecommunication Industry by Product and Geography - Forecast and Analysis 2020-2024" report has been added to ResearchAndMarkets.com's offering.

Global Battery Market in Telecommunication Industry Market: About this market

The battery market in telecommunication industry market analysis considers sales from lead-acid battery, Li-ion battery, and other products. Our study also finds the sales of battery market in telecommunication industry in APAC, Europe, MEA, North America, and South America. In 2019, the lead-acid battery segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as low cost compared with other battery technologies will play a significant role in the lead-acid battery segment to maintain its market position. Also, our global battery market in telecommunication industry market report looks at factors such as increase in power consumption, rising focus on green telecom towers, and rise in data usage. However, economics of fuel cell solutions for telecom towers, decline in diesel prices, and lead pollution and stringent laws may hamper the growth of the battery market in telecommunication industry over the forecast period.

Global Battery Market in Telecommunication Industry Market: Overview

Rise in data use

There has been a significant rise in data usage due to the rising number of internet users and availability of large number of digital media applications and its real-time experience. The rise in data traffic increases the need for spectrum and broadband networks. Apart from network rollout, increased data use has prompted telecom operators to invest more in upgrading the existing network infrastructure. This will increase the need for batteries to run telecom power systems. With the rapid rise of telecommunication industry, the need for signal strength for disruption-free calling service increases. These factors will drive will lead to the expansion of the global battery market in telecommunication industry market at a CAGR of over 12% during the forecast period.

Increased need for rural electrification

The high cost of grid extension has led various governments and communities to use stand-alone energy systems for decentralized power. Many companies have expressed their interest in enabling rural electrification in developing countries. This has increased by the installation of telecom towers in rural areas. Li-ion battery manufacturers are working on technological advances and are trying to reduce their prices. This development is expected to have a positive impact on the overall market growth.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • Preface
  • Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Lead-acid battery - Market size and forecast 2019-2024
  • Li-ion battery - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Declining Li-ion battery prices
  • Increasing need for rural electrification
  • High operating costs of telecom towers

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH
  • Amara Raja Batteries Ltd.
  • C&D Technologies Inc.
  • East Penn Manufacturing Co. Inc.
  • EnerSys
  • Exide Technologies
  • GS Yuasa Corp.
  • LG Chem Ltd.
  • Panasonic Corp.
  • Saft Groupe SA

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

For more information about this report visit https://www.researchandmarkets.com/r/d921o