DUBLIN, March 18, 2016 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/77ppbs/global_battery) 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:
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
For more information visit http://www.researchandmarkets.com/research/77ppbs/global_battery
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