Telecommunications Battery Market | Rising Power Consumption in the Telecommunications Sector to Boost Market Growth

LONDON–(BUSINESS WIRE)–Oct 13, 2020–

The global telecommunications battery market size is poised to grow by USD 217.85 mn during 2020-2024, progressing at a CAGR of 9% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005889/en/

Technavio has announced its latest market research report titled Telecommunications Battery Market in Latin America 2020-2024 (Graphic: Business Wire)

Population growth and urbanization are the key drivers for the rising power consumption in the telecommunications sector in Latin America. Rising power consumption in Latin America is significantly driving the demand for off-grid energy storage systems, as off-grid energy storage systems reduce transmission and distribution losses and increase the efficiency of power plants. This in turn, makes the power distribution more flexible and efficient in order to meet the rising demands.


Register for a free trial today and gain instant access to 17,000+ market research reports.


Technavio’s SUBSCRIPTION platform

Report Highlights:

  • The major telecommunications battery market growth is expected to come from the lead-acid battery segment due to the to the surge in the number of telecom towers in the Latin American region.
  • The global telecommunications battery market is fragmented. Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH, C&D Technologies Inc., East Penn Manufacturing Co. Inc., EnerSys, Exide Technologies, GS Yuasa International Ltd., LG Chem Ltd., Panasonic Corp., Power Sonic Corp., and Total SA. are some of the major market participants. To help clients improve their market position, this telecommunications battery market forecast report provides a detailed analysis of the market leaders.
  • As the business impact of COVID-19 spreads, the global telecommunications battery market 2020-2024 is expected to witness negative impact. As the pandemic spreads in some regions and plateaus in other regions, we continue to revaluate the impact on businesses and update our report forecasts.


Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.


View market snapshot before purchasing

Increasing focus on renewable energy generation will be a Key Market Trend

In Latin America, renewable energy generation is now the key focus area that is expected to meet this ever-rising demand for power consumption. The global initiatives about renewable energy are also playing an integral part in promoting it, as a result of which it is hailed over its counterpart, the fossil fuel. Renewable energy sources being inexhaustive, cleaner, less carbon-intensive, and more sustainable are gaining popularity and will lead to the growth of the telecommunications battery market over the forecast period.


Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.


Request a free sample report

Telecommunications Battery Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist telecommunications battery market growth during the next five years
  • Estimation of the telecommunications battery market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the telecommunications battery market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of telecommunications battery market vendors

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.


View market snapshot before purchasing

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

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

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • 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 Type

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Brazil – Market size and forecast 2019-2024
  • Mexico – Market size and forecast 2019-2024
  • Peru – Market size and forecast 2019-2024
  • Rest of Latin America – Market size and forecast 2019-2024
  • Market opportunity by geography
  • Market drivers – Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH
  • C&D Technologies Inc.
  • East Penn Manufacturing Co. Inc.
  • EnerSys
  • Exide Technologies
  • GS Yuasa International Ltd.
  • LG Chem Ltd.
  • Panasonic Corp.
  • Power Sonic Corp.
  • Total SA

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20201012005889/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website:www.technavio.com/ 

KEYWORD: SOUTH AMERICA CENTRAL AMERICA

INDUSTRY KEYWORD: OTHER MANUFACTURING TECHNOLOGY OTHER ENERGY TELECOMMUNICATIONS MANUFACTURING ALTERNATIVE ENERGY ENERGY NETWORKS HARDWARE

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 10/13/2020 02:00 AM/DISC: 10/13/2020 02:01 AM

http://www.businesswire.com/news/home/20201012005889/en

Source Article