DUBLIN, Oct. 04, 2017 /PRNewswire/ --
The "Lead-acid Battery Market in Southeast Asia 2017-2021" report has been added to Research and Markets' offering.
The lead-acid battery market in southeast Asia is forecast to grow at a CAGR of 8.52% during the period 2017-2021.
The report, Lead-acid Battery Market in Southeast Asia 2017-2021, 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.
One trend in the market is hybrid power systems implementation in telecom towers. The telecom industry is growing rapidly, especially in developing nations. More telecom towers have been built in remote places where the grid connectivity is bad. Therefore, remote towers need effective energy supply, which can be provided by a combination of renewable energy sources with diesel generators for backup.
According to the report, one driver in the market is increasing deployment of microgrids. A microgrid is a small-scale, localized power station than can either operate independently or in congruence with the main central grid. As a way to incorporate renewables, microgrid often involves multiple energy resources such as solar, wind, biomass, geothermal, and fossil fuel generators. With the integration of renewable power sources, it can function as hybrid and operates independently to supply power to a local community, a university, or a military base among others.
Further, the report states that one challenge in the market is li-ion batteries continue to grow in popularity of use. The Li-ion battery market is gaining momentum and is growing rapidly in the global battery market. Li-ion batteries offer high energy density and allow for opportunity charging during work cycle without affecting the battery life, thus providing a longer run time. In addition, they are preferred in the food and beverage industry over lead-acid batteries as their capacity is unaffected at low temperatures. The advantages of Li-ion batteries are adding to their popularity and displacing lead-acid batteries in industrial use.
- East Penn Manufacturing
- Exide Technologies
- C&D Technologies
Other prominent vendors
- Johnson Controls
- PT. Trimitra Baterai Prakasa
- World Star Battery Indonesia
- Solar Power Indonesia
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Application
Part 07: Market Segmentation By Product Type
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/knbp9z/leadacid_battery
Laura Wood, Senior Manager
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SOURCE Research and Markets