Global Battery Market for Energy Storage in Telecom Sector to Grow 10.5% - Rise in Telecom Subscriptions Worldwide

DUBLIN, March 18, 2016 /PRNewswire/ -- Research and Markets ( has announced the addition of the "Global Battery market for Energy Storage in Telecom Sector 2015-2019" report to their offering.

The global battery market for energy storage in the telecom sector is expected to grow at a CAGR of 10.5% during the period 2016-2020.

The need for reducing maintenance and fuel costs of generators has driven manufacturers to opt batteries for power storage. Telecom operators are replacing diesel generators with batteries to achieve economies of scale. In order to ensure effective supply of batteries, telecom operators are establishing contracts with battery suppliers. The contracts ensure battery supply at lower cost and on time.

According to the report, 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.

Further, the report states that growing consumption of lead-acid batteries for large ESS has resulted in formation of deposits on negative electrodes. This will hinder the performance of ESS.

Key questions answered in this report:

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by application

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

Companies Mentioned:

  • East Penn
  • Eaton
  • EnerSys
  • Exide
  • ACME
  • Sacred Sun
  • Trojan Battery
  • Victron Energy
  • FIAMM Energy Storage
  • GS Yuasa
  • HOPPECKE Batterien
  • LG
  • NorthStar
  • Saft
  • Samsung SDI

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SOURCE Research and Markets