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(IT-NEWSWIRE.COM, September 16, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Battery for Energy Storage in Telecom market for 2018-2023. 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 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. China has one of the world’s largest telecom sector. As of 2014, the country had more than 1.3 million telecom subscriptions, and the count is expected to double by the end of 2017. An increase in the demand for migration to 4G from 2G and 3G is expected to prompt the telecom operators to install more towers in the region. It is expected to contribute directly towards the consumption of batteries through 2019. Over the next five years, this report projects that Battery for Energy Storage in Telecom will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017. This report presents a comprehensive overview, market shares, and growth opportunities of Battery for Energy Storage in Telecom market by product type, application, key manufacturers and key regions. To calculate the market size, this report considers value and volume generated from the sales of the following segments: Segmentation by product type: Li-Ion Batteries Lead Acid Batteries Nickel Batteries Segmentation by application: Telecom Others This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: East Penn Eaton EnerSys Exide ... In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development. Research objectives To study and analyze the global Battery for Energy Storage in Telecom consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023. To understand the structure of Battery for Energy Storage in Telecom market by identifying its various subsegments. Focuses on the key global Battery for Energy Storage in Telecom manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Battery for Energy Storage in Telecom with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Battery for Energy Storage in Telecom submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
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Source: EmailWire.Com
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